Warren Buffett Is Stepping Down. What’s Next for Berkshire Hathaway?
P.M. Edition for May 5. The Oracle of Omaha’s move after a 60-year run will be a moment of reckoning for the company he built. WSJ deputy markets editor Justin Baer discusses how Berkshire Hathaway’s new leadership will navigate that. Plus, a study out today shows that Beijing’s “Made in China 2025” plan helped its homegrown companies close the technology gap with the West. We hear from the Journal’s chief China correspondent Lingling Wei about the implications for American tariff negotiations with China. And the Trump administration plans to offer $1,000 payments for migrants illegally in the U.S. to leave the country. Alex Ossola hosts.
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14:09
What’s News in Earnings: Consumer Shakiness Worries Food and Drink Companies
Bonus Episode for May 5. Consumers are in belt-tightening mode. Many are buying less, reconsidering their purchases and feeling rattled by volatile markets and the Trump administration’s shape-shifting tariff policies. For soda makers like Pepsi and restaurant chains like McDonald’s, those are worrisome developments. So how are they responding? WSJ reporter Laura Cooper discusses what companies are saying in earnings reports and analyst calls.
Chip Cutter hosts this special bonus episode of What's News in Earnings looking at what’s going on under the hood of the American economy.
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9:26
Cocaine Trade Hits Record High as Smugglers Go Global
A.M. Edition for May 5. Warren Buffett marks the calendar for his departure from Berkshire Hathaway, announcing his handpicked successor will take the reins next year. Plus, the ‘Trump factor’ propels another left-leaning leader to a surprise election victory, this time in Australia. And WSJ South America bureau chief Juan Forero explains how production advances and long-distance smuggling vessels are transforming the global cocaine trade. Luke Vargas hosts.
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14:14
Goldman Vice Chairman and Former Fed Official Kaplan on Rate-Cut Dilemma
Will the Federal Reserve cut interest rates this year? How is Fed Chair Jerome Powell and central bankers thinking about recent volatility in financial markets? This week, we’re bringing you an episode of WSJ’s Take On the Week, where hosts Telis Demos and Gunjan Banerji talk to the people closest to the hot topics in markets to get incisive analysis on the big trades, key players in finance and business news. Gunjan and Telis talk to Rob Kaplan, vice chairman at Goldman Sachs and former president and CEO of the Federal Reserve Bank of Dallas, about the central bank’s tough task ahead to lower inflation. They also dive into President Trump’s recent remarks about Powell and the Fed independence debate.
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32:49
What’s News in Markets: Nvidia’s China Rival, Tariff Tech Effect, McDonald’s Slips
How do a Chinese company’s AI chip efforts affect Nvidia? And what’s the trade-war takeaway from this week’s tech earnings? Plus, how is economic uncertainty affecting McDonald’s customers? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.