What’s News in Markets: Weak Coffee, Advantage Lost, AI Push
WSJ What’s News
by The Wall Street Journal
10h ago
Why did Starbucks’ latest earnings leave a bitter taste for some investors? And how did healthcare turn unhealthy for CVS? Plus, how did artificial intelligence boost Amazon and Apple? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Learn more about your ad choices. Visit megaphone.fm/adchoices ..read more
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Biden Seeks to Trump-Proof His Agenda
WSJ What’s News
by The Wall Street Journal
22h ago
P.M. Edition for May 3. When Donald Trump was president, he used a 1996 law, the Congressional Review Act, to undo many of the regulations enacted by his predecessor. Now, President Biden is rushing to cement his legacy ahead of a likely rematch with Trump in November. Domestic policy correspondent Andrew Restuccia explains. And U.S. hiring slowed in April, boosting hopes for a late-summer rate cut. Plus, reporter Stu Woo explains why the U.S. is worried about China’s mission to the far side of the moon. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a ..read more
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Governments Crack Down on Free Press, Copying the Kremlin
WSJ What’s News
by The Wall Street Journal
1d ago
A.M. Edition for May 3. Governments around the globe have been making it harder for the media to provide reliable and independent news—including in Russia, where WSJ reporter Evan Gershkovich has been detained for more than a year. Plus, the U.S. reshuffles military assets in the Middle East after getting pushback from a Gulf partner wary of getting in the crosshairs of regional tensions. And, WSJ’s Jared Malsin explains why talks for a Gaza cease-fire are at a critical point. Luke Vargas hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn ..read more
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Berkshire Hathaway Poised to Hit $1 Trillion Valuation
WSJ What’s News
by The Wall Street Journal
2d ago
P.M. Edition for May 2. Berkshire Hathaway is nearing a milestone, as thousands of investors and onlookers gather for its annual shareholder meeting this weekend. Markets reporter Karen Langley has more. And Sony and Apollo make a $26 billion, all-cash offer for Paramount. Plus, cleanup begins at UCLA after violent clashes between police and protesters. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices ..read more
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Can Ozempic Maker Novo Nordisk Keep Up Its Momentum?
WSJ What’s News
by The Wall Street Journal
2d ago
A.M. Edition for May 2. Danish pharmaceutical giant Novo Nordisk upped its full-year guidance today as it reported continued strong demand for its blockbuster weight-loss and diabetes drugs. Barclays analyst Emily Field discusses where the drugmaker could go from here. Plus, Exxon Mobil reaches an agreement to close its $60 billion merger with Pioneer. And TikTok strikes a licensing deal to return Universal Music artists to the platform. Luke Vargas hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaph ..read more
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Fed Holds Rates Steady, Extends Wait-and-See Stance
WSJ What’s News
by The Wall Street Journal
3d ago
P.M. Edition for May 1. The Federal Reserve is holding interest rates steady, acknowledging recent inflation setbacks. Heard on the Street editor Spencer Jakab explains. And BlackRock begins offering 401(k) retirement plans with a monthly check. Markets reporter Jack Pitcher has more. Plus, Arizona’s legislature votes to repeal the state’s nearly total ban on abortions. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices ..read more
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White House Aims to Reclassify Marijuana as Less Dangerous Drug
WSJ What’s News
by The Wall Street Journal
4d ago
P.M. Edition for April 30. The Biden administration plans to reclassify marijuana as a less dangerous drug. And Columbia University threatens to expel pro-Palestinian student protestors who took over an academic building on campus. New York City reporter Erin Ailworth reports from the scene, and money and power reporter Juliet Chung digs into the feasibility of their principal demand: divestment. Plus, a New York judge fines Donald Trump $9,000 for violating a gag order. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn m ..read more
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Student Protesters Take Over Columbia Campus Building
WSJ What’s News
by The Wall Street Journal
4d ago
A.M. Edition for April 29. Students upped the stakes in their standoff with the Columbia overnight by barricading themselves in an academic building after the school began suspending those who failed to disband a pro-Palestinian encampment. Plus, Microsoft makes a big AI bet on one of the world’s fastest-growing regions. And housing reporter Will Parker describes how lawmakers are attempting to crack down on investor purchases of single-family homes. Luke Vargas hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices ..read more
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Investors Are on Edge About the U.S. Presidential Election
WSJ What’s News
by The Wall Street Journal
5d ago
P.M. Edition for April 29. Investors are starting to worry about what the Trump-Biden rematch will mean for their portfolios. Gunjan Banerji, lead writer for live markets, explains. And Paramount CEO Bob Bakish steps down, as the company explores a sale. Plus, some AI startups are raising hundreds of millions of dollars before they even have a product or revenue. Startups and venture capital reporter Berber Jin explains why that is fueling concerns of a bubble. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about ..read more
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Tesla Wins China's Approval for Self-Driving Tech
WSJ What’s News
by The Wall Street Journal
6d ago
A.M. Edition for April 29. Elon Musk has wrapped up a visit to China after securing Beijing’s blessing for Tesla to roll out its advanced driver-assistance service in the country. WSJ tech reporter Raffaele Huang says it's a crucial victory for Musk as he tries to reignite Tesla's sagging growth. Plus, the U.S. and Egypt make a renewed push for a Gaza ceasefire. And reporter Ben Glickman explains why mentions of diversity initiatives are disappearing from company financial reports. Luke Vargas hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. L ..read more
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