WSJ Minute Briefing
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WSJ Minute Briefing
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52 avsnittTarget to Invest Billions in Store Improvement as Sales Slump
Plus: Larry Summers resigns from the OpenAI board after the release of correspondence between him and Jeffrey Epstein. And McKinsey elects one of its...
AI Bubble Fears Stoke Stock Market Decline
Indexes were down for a fourth straight day. Plus: Home Depot shares fall after the company cut its outlook. Katherine Sullivan hosts.
Novo Nordisk Slashes Prices for Weight-Loss Drugs
Plus: Johnson & Johnson agrees to acquire Halda Therapeutics for just over $3 billion. And Federal Reserve Governor Philip Jefferson says the Fed shou...
Stocks Close Mixed Following Volatile Trading Day
Plus: Cidara Therapeutics stock doubles after a bid from Merck. And Under Armour shares fall after dropping a deal with Stephen Curry. Katherine Sulli...
Walmart’s CEO Doug McMillon to Step Down After Over a Decade in the Role
Plus: The U.S. agrees to cut tariffs on Switzerland down to 15%. And Jaguar Land Rover reports a quarterly loss after a crippling cyberattack earlier...
Doubts Over Fed Rate Cuts Spur Tech Selloff
Plus: Disney reports lower-than-expected revenue. And Verizon shares get a boost after announcing layoffs. Katherine Sullivan hosts.
Disney Shares Slump After Latest Quarterly Results
Plus: AI startup Cursor raises $2.3 billion in its third funding round this year. And the IRS shares new contribution limits for 401(k)s and IRAs for...
Dow Hits New Record While Tech Stocks Slump
Plus: AMD surges on data center demand. And silver futures hit a new record. Katherine Sullivan hosts.
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Atlanta Fed President Raphael Bostic to Retire in February
Plus: Chevron becomes more serious about entering the power business. And Toyota opens a $14 billion battery plant in North Carolina. Zoe Kuhlkin host...
SNAP Funding Delayed as Shutdown Vote Moves Through House
Plus, the White House explores new rules that would upend shareholder voting. And President Trump moves to drill baby drill, off the coast of Californ...
Stocks Mixed After Weak Jobs Data
ADP jobs report shows job losses in October. Plus: Beyond Meat sales continue to decline. Katherine Sullivan hosts.
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ADP Estimates Private Sector Was Shedding Jobs in October
Plus: Paramount Skydance shares jump after the entertainment company reports third quarter earnings. And Pakistan blames India-backed militants for a...
Supreme Court Rejects Bid to Overturn Same-Sex Marriage
Plus: President Trump pardons Rudy Giuliani, Mark Meadows and dozens of others in connection with efforts to overturn the 2020 election. And Visa and...
U.S. Consumers’ Moods Sour in November
Plus: Nexperia microchips start leaving China again after being held hostage in a trade war. And IKEA profit plunges 32%. Zoe Kuhlkin hosts.
Nancy Pelosi Not Seeking Re-Election, Ending Decades-Long Political Career
Plus: Warner Bros. Discovery CEO David Zaslav says consideration of a possible company sale is moving ahead. And Charles Schwab acquires Forge Global,...
ADP Says the Private Sector Added 42,000 Jobs in October
Plus: France is suspending Shein’s website after discovering child-like sex dolls being sold on the site. And the Motion Picture Association sends a c...
Stocks Tumble Amid Tech Selloff
The pullback sent Wall Street’s “fear index” up over 10 percent. Plus: Tesla stock falls after Norway rejects Elon Musk’s pay package. Katherine Sulli...
Novo Nordisk, Pfizer Up Their Multibillion-Dollar Bids for Metsera
Plus: First Brands’ new management accuses founder Patrick James of fraud. And Stellantis’s Chrysler recalls over 300,000 hybrid Jeeps over battery fi...
Kimberly-Clark Buys Tylenol Maker Kenvue for Over $40 Billion
Plus: Pfizer files a second lawsuit against Metsera and Novo Nordisk. And OpenAI pays Amazon $38 billion for computing power in a multiyear deal. Zoe...
Strong Tech Earnings Boost Nasdaq
Amazon shares soar on cloud-computing growth. Plus: Netflix shares rise after its board approves a stock split. Katherine Sullivan hosts.
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JPMorgan Chase Unit Invests in Texas Stock Exchange
Plus: An Arab-led militia targets Darfur’s Black population as the Sudan civil war escalates. And Exxon Mobil and Chevron report third quarter earning...
Meta and Microsoft Earnings Drag Down Nasdaq
Plus: Amazon shares jump after the bell due to higher earnings. And Chipotle stock falls after economic strains turn customers away. Katherine Sulliva...
Novo Nordisk Challenges Pfizer’s Metsera Deal With $9 Billion Offer
Plus: BlackRock and other lenders seek to recover $500 million, saying they fell victim to fraud. And Hurricane Melissa barrels through the Bahamas af...
Powell Casts Doubt on December Rate Cut
U.S. stocks close mixed after Federal Reserve Chair Jerome Powell’s comments following new rate cut. Plus: Nvidia sets a market cap record. And strong...
Nvidia Hits $5 Trillion Market Value Milestone
Plus: Boeing books a nearly $5 billion charge after pushing back its 777X jet deliveries to 2027. And Israel says the cease-fire is back on after laun...
AI Deals Boost U.S. Stocks to New Records
Plus: UPS and Amazon stocks rise after announcing steep job cuts. Katherine Sullivan hosts.
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UPS Cuts 48,000 Management and Operations Positions
Plus: OpenAI converts to a public-benefit corporation and gives Microsoft a 27% stake. And President Trump orders three new lethal strikes on four all...
Constructive Trade Talks Boost U.S. Stocks to New Records
U.S. and Chinese representatives reported positive outlooks ahead of the Trump-Xi summit this week. Plus: Qualcomm’s shares rise after it announces a...
Hurricane Melissa, Now Category 5 Storm, Barrels Down on Jamaica
Plus: Japanese Emperor Naruhito hosts President Trump in an attempt to warm relations. And Carter’s closes around 150 stores and reduces its workforce...
Inflation Report Sends U.S. Stocks to New Records
The Dow closes above 47000 for the first time. Plus: IBM earnings exceed expectations, pushing its stock higher. And Ford shares jump on strong sales...
U.S. Inflation Increased 3% in September
Plus: General Motors cuts more than 200 salaried jobs in Detroit. And the European Union charges Meta over their handling of illegal content. Zoe Kuhl...
Stocks Rise After U.S.-China Trade Meeting Is Set
Plus: New sanctions on Russian oil companies send energy prices higher. And Blackstone reports lighter-than-expected revenue. Katherine Sullivan hosts...
NBA Head Coach, Player Arrested in Illegal Gambling Probe
Plus: Rivian lays off over 600 workers in an attempt to save amid EV pullback. And home sales rise in September due to lower borrowing costs. Zoe Kuhl...
Renewed Trade Tensions Push Stocks Down
Plus: Netflix shares decline after lower than expected earnings. And Hermès sales fall short of expectations. Katherine Sullivan hosts.
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Trump Nominee Paul Ingrassia Withdrawn After Report of Racist Texts
Plus: Netflix stock falls after latest quarterly results. And conservative activist Robby Starbuck sues Google, alleging its AI tools defamed him. Zoe...
U.S. Stocks Closed Mixed After Strong Earnings Reports
The Dow hits a new record. Plus: Gold had its worst day in over a decade. And General Motors posts surprisingly strong results. Katherine Sullivan hos...
Warner Bros. Discovery Explores Sale in Potential Entertainment Industry Shake Up
Plus: General Motors shares surge after better-than-expected third quarter operating income and new guidance. And key Senate Republicans now oppose th...
Optimism Over China-Trade Relations Boosts Stocks
Plus: Strong sales send Apple shares up. And mining company Cleveland-Cliffs explores producing rare earth minerals. Katherine Sullivan hosts.
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Customer Cancellations for Disney+ and Hulu Rose Following Kimmel Suspension
Plus: U.S. officials head to Israel in an attempt to shore up the fragile cease-fire in Gaza. And Molson Coors eliminates roughly 400 positions in a r...
Verisure Subsidiary’s Data Compromised in Cyber Incident
Plus: Goldman Sachs forms a new team to focus on financing data centers to capitalize on the AI boom. And China’s Defense Ministry purges several high...