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Plus: Shares in Starbucks rise after Chipotle boss named new CEO. Trump Media & Technology Group falls after X interview. And Home Depot shares rise after quarterly results. Danny Lewis hosts.
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Plus: U.S. July producer-price index showed that factory-gate inflation slowed slightly from June. Lockheed Martin and General Dynamics announce new rocket motor deal. And the U.S. lifts ban on bomb sales to Saudi Arabia. Danny Lewis hosts.
Correction: Starbucks has named Brian Niccol as its new CEO. An earlier version of this podcast incorrectly said his name was Brian Nichols. (Corrected on Aug. 13)
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Plus: Donald Trump marked his return to X with a two hour conversation with Elon Musk. And, the continued slowdown of Chinese consumption weighs on global oil-demand growth. Kate Bullivant hosts.
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Investors take a breather after last week’s roller coaster while awaiting data on inflation and retail sales. Plus: JetBlue Airways shares fall after a downgrade from the Big Three credit ratings firms. Danny Lewis hosts.
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Plus, Universal Music signs a licensing agreement with Meta Platforms allowing its artists’ music to appear on WhatsApp. JetBlue gets a downgrade from the “Big Three” ratings agencies.
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Plus: Kamala Harris leans on elite Silicon Valley donors to pull in more than $13 million at a fundraiser in San Francisco. And, Disney unveils plans for billions of dollars in theme-park expansions. Kate Bullivant hosts.
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Plus: Sweetgreen shares jump after the salad restaurant chain posted strong earnings. Activist investor Starboard Value has taken a stake in Starbucks. J.R. Whalen reports.
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Plus: President Biden and leaders from Egypt and Qatar propose negotiations on Aug. 15 toward reaching an Israeli-Hamas cease-fire. Samsung recalls more than a million slide-in electric ranges because of fires that have injured people and killed pets. J.R. Whalen reports.
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Plus: Semiconductor stocks are boosted by TSMC and SMIC’s earnings. And, Paramount Global writes down the value of its cable TV business and makes job cuts. Luke Vargas hosts.
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Plus: Eli Lilly shares rise after the drugmaker reports strong sales for diabetes drug Mounjaro and weight-loss treatment Zepbound. Average 30-year mortgage rates fall to their lowest level in more than a year. J.R. Whalen reports.
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