WSJ Minute Briefing
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Plus: The U.S. Postal Service selects United Parcel Service as its primary partner for air cargo delivery. Chinese electric-vehicle maker BYD’s sales jumped 46% in March. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: AT&T says details of millions of customers were leaked in a data breach. And, engineers begin the cleanup of collapsed Francis Scott Key Bridge. 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 megaphone.fm/adchoices
U.S. stock and bond markets were closed for Good Friday. Tesla was the quarter’s worst performer, down 29%. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Swiss agricultural giant Syngenta cancels IPO plans in Shanghai. Syria says Israeli airstrikes near Aleppo killed and wounded dozens of people. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Smartphone maker Xiaomi joins the EV race with a competitively priced offering. And, prices at the pump climb faster than normal, fueling inflation. 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 megaphone.fm/adchoices
Plus: Walgreens shares rise 3.2% after the pharmacy chain posted higher quarterly sales. Shares of RH finish 17% higher after the furniture retailer said customer demand would return as interest rates ease. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Home Depot is acquiring roofing company SRS Distribution for $18.25 billion. The Biden Administration is overhauling how the federal government asks about race and ethnicity on future census surveys. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Sam Bankman-Fried is set to be sentenced today for crimes connected to the collapse of FTX. And, Home Depot buys roofing distributor SRS Distribution in a deal valued at $18 billion including debt. Kate Bullivant 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
Plus: Carnival says the Francis Scott Key Bridge collapse could affect its bottom line because two of its ships sail out of the Port of Baltimore. GameStop shares fall 15% after the videogame retailer reported a sharp quarterly-sales drop. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: An appeals-court panel has ruled a new Texas law that gives the state power to arrest and deport migrants will remain on hold. Confidence in the Eurozone economy ticked higher last month, according to a survey of consumers and managers. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: NBC News cuts ties with former Republican National Committee chairwoman Ronna McDaniel. And, Merck’s $11.5 billion bet on a new drug is a step closer to paying off after receiving FDA approval. 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 megaphone.fm/adchoices
Plus: Krispy Kreme shares rise nearly 40% after the company said it will sell its doughnuts at U.S. McDonald’s locations. Bitcoin prices fall, snapping a 3-day winning streak. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Visa and MasterCard have settled with some of the nation’s largest banks over fees they charge merchants. Shares of Donald Trump's Truth Social surged 40% on their first day of trading. J.R. Whalen reports. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. https://on.wsj.com/48YljZs Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: A Baltimore bridge collapses after a large containership crashes into it, sending people and cars into the water. And, Adam Neumann has made a bid of more than $500 million to regain control of WeWork. 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 megaphone.fm/adchoices
Plus: Boeing shares rise after the carrier says CEO Dave Calhoun will step down at year’s end. Micron Technology shares hit a new record as AI server demand grows. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: The European Union launches investigations into Apple, Meta and Alphabet over its digital-competition law. Donald Trump will only have to initially pay $175 million of his $454 million civil-fraud judgment, according to a New York state appellate court. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Russia reckons with one of its deadliest terrorist attacks in decades. And, NBC faces backlash over its hiring of former Republican National Committee Chairwoman Ronna McDaniel. 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 megaphone.fm/adchoices
Plus: Digital World Acquisition Corp. shares fall after investors vote to merge with Donald Trump’s social-media firm. Lululemon drops after warning about consumer demand. And FedEx stock jumps after surprisingly strong quarterly results. Danny Lewis 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
Plus: Congress narrowly avoids government shutdown. We exclusively report Apple is in talks with Baidu over AI in China. And Compass agrees to $57.5 million antitrust settlement. Danny Lewis 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
Plus: House lawmakers prepare to pass a $1.2 trillion package of spending bills to avoid a government shutdown. And, why mortgage rates won’t come back down to pre-pandemic lows. 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 megaphone.fm/adchoices
Plus: Nike and FedEx reported earnings after the markets closed. Reddit shares soar on the first day of trading. And Apple shares fall amid landmark antitrust lawsuit. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: U.S. home sales jumped 9.5% in February. And the Bank of England held interest rates, while the Swiss national bank cut them. Danny Lewis hosts. Correction: Fifteen states and the District of Columbia joined the Justice Department’s suit against Apple. An earlier version of this podcast incorrectly said 17 states were involved. (Corrected on March 21) Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Speaker of the House Mike Johnson will rely on Democrats to pass a government funding bill and avoid a shutdown. And, Donald Trump’s social platform could go public next week, setting up a financial windfall for the former president. Peter Granitz 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
Plus: Paramount Global shares rise nearly 12% following a WSJ report that Apollo Global Management has made an $11 billion offer to buy its film and TV studio. Chipotle shares rise 3.5% after the restaurant chain says it plans a 50-for-1 stock split. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Google is hit with a $271 million fine by French competition authorities. A physicist who claimed to discover a room-temperature superconductor is accused of research misconduct. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Bernie Moreno, a Donald Trump acolyte, wins the Ohio Senate GOP primary. And, Intel gets the biggest U.S. chipmaking grant to date. Peter Granitz 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
Plus: Super Micro shares decline 9% after a stock sale falls short. Bitcoin prices slip below $63,000. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Hong Kong passes a bill that includes heavy punishments for treason and espionage. Unilever plans to separate its ice cream business into a separate unit. J.R. Whlen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus, the Bank of Japan marks the end of an era as it raises rates for the first time in 17 years. And, Israel agrees to send a delegation to Washington as the two allies’ disagreement deepens over plans for a push into Rafah. Kate Bullivant hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Alphabet shares rise 4.4% on a report that Google’s Gemini AI engine could be used in Apple iPhones. Fisker shares fall 15% as the EV maker pauses production for six weeks. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
