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Plus: Southwest shares rise after the airline said it will soon assign seats on flights. Warner Brothers Discovery shares drop after the NBA rejects a bid to keep basketball games on TNT network. J.R. Whalen reports.
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Plus: Southwest Airlines said it will soon assign seats on flights and sell some with extra legroom. U.S. and Canadian fighters intercepted Russian and Chinese warplanes off the coast of Alaska yesterday. J.R. Whalen reports.
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Plus: The NBA inks $77 Billion TV and streaming deals with NBC, ESPN and Amazon. And Rupert Murdoch’s plan to hand control of his empire to his eldest son sparks a legal fight within the family. Luke Vargas hosts.
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Shares of chipmakers Nvidia, AMD decline and Tesla shares slide. After hours, IBM reports quarterly earnings that beat expectations. J.R. Whalen reports.
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Plus: CrowdStrike says it has identified the bug that caused last week’s global tech outage. Salt Lake City has been selected to host the 2034 Winter Olympics. J.R. Whalen reports.
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Plus: Air-safety regulators audit Southwest Airlines after a series of near accidents. And the Trump campaign files a challenge to block Vice President Kamala Harris from using an election war chest handed over by President Biden. Luke Vargas hosts.
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Plus: General Motors shares fall after the automaker delays plans for a Buick EV and pushes back the opening of an EV truck factory. After the bell, Google parent Alphabet reports quarterly ad sales grew at a slower pace than the previous quarter. J.R. Whalen reports.
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Plus: The Department of Transportation is investigating Delta Air Lines over thousands of flight delays caused by last week’s tech outage. U.S. home prices hit a record in June for the second straight month. J.R. Whalen reports.
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Plus: Google’s talks to buy cybersecurity startup Wiz fall apart. And UPS agrees to buy Mexican delivery company Estafeta as the trend of nearshoring manufacturing drives more cross-border trade. Luke Vargas hosts.
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Plus: CrowdStrike shares have lost nearly one-fourth of their value since Friday’s global tech outage. Warren Buffett’s Berkshire Hathaway trims its stake in Bank of America. J.R. Whalen reports.
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