Plus: Urban Outfitters sales rise ahead of management expectations. And, Starbucks hits record U.S. sales on Red Cup Day. Charlotte Gartenberg reports.
Programming note: Minute Briefing will be off for the Thanksgiving holiday and will return on Monday morning.
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WSJ Minute Briefing
Plus: Urban Outfitters sales rise ahead of management expectations. And, Starbucks hits record U.S. sales on Red Cup Day. Charlotte Gartenberg reports.
Programming note: Minute Briefing will be off...
Plus: China releases three Americans in U.S.-China prisoner swap. And, a Chinese commercial vessel is suspected of sabotaging data cables in the Baltic Sea. Charlotte Gartenberg reports.
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Plus: Shares of HP and Dell Technologies drop after both companies said consumers were proving slow to upgrade PCs. And, SoftBank plans to increase its investment in OpenAI. Luke Vargas hosts.
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Plus: Federal Reserve officials discussed potentially slowing down or pausing interest-rate cuts if progress on lowering inflation stalled, according to minutes from the most recent meeting. Kohl’s sh...
Plus: An obesity-drug candidate from Amgen helped patients lose 20% of their body weight in a midstage study, at the low end of expectations. Walmart plans to end some of its diversity programs under...
Plus: Mexico is in a dilemma over a new BYD plant after Donald Trump’s election win. And, the White House proposes a big expansion of obesity-drug coverage by Medicare and Medicaid. Kate Bullivant hos...
Plus: Super Micro Computer shares climb, adding to last week’s rally. Microstrategy purchases $5.4 billion of bitcoin. J.R. Whalen reports.
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Plus: An aircraft used by global-shipping company DHL crashes in Lithuania in a forced landing. Concrete maker Quikrete Holdings strikes a $9.2 billion deal to acquire Summit Materials. J.R. Whalen re...
Plus: Italy’s UniCredit launches a bid to buy smaller rival Banco BPM, a deal that would create the eurozone’s biggest bank. And Universal Pictures’ Wicked flies high at the box office. Kate Bullivant...
Plus: Shares of Gap climb after the clothing retailer boosted its sales outlook for the year. Bitcoin continues its tear with an 8.5% gain for the week. J.R. Whalen reports.
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Plus: Amazon invests another $4 billion in AI startup Anthropic. U.K. regulators suggest investigating Apple and Google over their dominance in smartphones. J.R. Whalen reports.
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Plus: Huawei’s chip advances threaten Apple in China. And DirecTV decides to walk away from its proposed merger with rival Dish Network. Kate Bullivant hosts.
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Plus: Nvidia shares climb a day after the chipmaker reported strong sales and profits. Shares of BJ’s Wholesale Club rise following the bulk retailer raising its earnings outlook. J.R. Whalen reports....
Plus: Existing home sales in the U.S. rose 3.4% in October. Temu owner PDD Holdings posted the slowest revenue growth in more than two years. J.R. Whalen reports.
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Plus: The Justice Department charges Indian Billionaire Gautam Adani with orchestrating a $250 million bribery scheme. And Elon Musk’s xAI says its latest funding round values it at $50 billion. Luke...
Plus: Williams-Sonoma shares rise to a new record after the home-products retailer posted higher-than-expected quarterly earnings and boosted its 2024 outlook. Robinhood shares increase on hopes the b...
Plus: Ford plans to cut 4,000 jobs in Europe. U.S. crude oil inventories rose last week. J.R. Whalen reports.
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Plus: Shares in Tokyo Gas soar after Elliott Investment Management discloses a stake in the utility. And, the U.K.’s inflation rate rebounds. Luke Vargas hosts.
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Plus: Super Micro Computer shares jump after the server maker submitted a plan to continue trading on the Nasdaq. Bitcoin reaches a record of about $94,000 before slipping later in the trading day. J....
Plus: Donald Trump is expected to name Cantor Fitzgerald CEO Howard Lutnick to lead the Commerce Department. Walmart reports U.S. sales rose in the most recent quarter. J.R. Whalen reports.
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Plus: Super Micro Computer submits a plan to allow it to keep trading on the Nasdaq. And, Blackstone is nearing a deal for closely held sandwich chain Jersey Mike’s Subs. Luke Vargas hosts.
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Plus: Super Micro Computer shares jump as the AI server maker submits a plan to the Nasdaq to avoid delisting. Warner Brothers Discovery shares move higher after reaching a legal settlement with the N...
Plus: The Eurozone’s trade surplus rose in September compared to a year ago, with exports to the U.S. increasing 8.9%. Roblox is adding protections and safeguards for its youngest users about a month...
Plus: Donald Trump nominates Liberty Energy CEO Chris Wright to be his energy secretary. And, Warner Bros. Discovery settles its breach of contract lawsuit against the NBA. Luke Vargas hosts.
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Plus: Applied Materials shares fall on a lower-than-expected sales outlook. Gold prices continue a post-Election Day slump. J.R. Whalen reports.
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Plus: U.S. retail sales rose in October. Elon Musk ramps up his legal feud with OpenAI and Microsoft. J.R. Whalen reports.
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Plus: China’s economy shows signs of improvement, but economists warn it will need more help. And, Berkshire Hathaway takes a stake in Domino’s Pizza while mostly selling stocks in the third quarter....
Plus: Super Micro Computer shares decline after the server maker said it needs more time to file its quarterly report. McDonald’s shares rise after federal health officials said the E. Coli outbreak l...
Plus: Disney said its direct-to-consumer business swung to a profit in the September quarter. The European Commission fined Facebook owner Meta over allegations it undermined competition by tying its...
Plus: Cantor Fitzgerald CEO Howard Lutnick makes a late play to be appointed as Donald Trump’s Treasury secretary. And, Nvidia plans to roll out computers to power humanoid robots in the first half of...