3.6 • 631 Ratings
🗓️ 22 July 2025
⏱️ 3 minutes
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0:00.0 | Business is evolving fast, and hearing how others are adapting can make all the difference. |
0:04.8 | Hear perspectives from global executives as they share what's working, what's changing, and what they think lies ahead on the Executive Insights podcast, available in all major podcast platforms. |
0:18.3 | Here's your midday brief for Tuesday, July 22nd. I'm Alex O'Sullough for the Wall Street Journal. |
0:24.7 | General Motors beat analyst expectations when it reported its second quarter earnings today, |
0:29.5 | but new tariffs on imported cars and auto parts took a $1.1 billion bite out of its bottom line. |
0:35.8 | GM says greater impacts are expected to hit the carmaker |
0:38.6 | in the third quarter, though the company maintained its profit guidance for the full year. |
0:43.2 | GM has largely held prices steady despite tariffs, choosing to absorb the costs while shifting |
0:48.2 | some production to the U.S. and holding out for trade deals with Mexico, Canada, and South Korea |
0:53.1 | that would provide relief. |
0:55.3 | The Justice Department is seeking to interview Jeffrey Epstein's longtime associate |
0:59.1 | Galane Maxwell, who's serving a 20-year prison sentence for sex trafficking. |
1:03.5 | That's according to a senior official. |
1:05.6 | A lawyer for Maxwell confirmed she's in discussions to testify. |
1:09.2 | The request to interview her comes as the Justice |
1:11.3 | Department continues to face criticism for its refusal to release more documents from the Federal |
1:16.2 | Bureau of Investigation's probe of Epstein. Coca-Cola is giving President Trump what he wants, |
1:22.3 | Coke sweetened with cane sugar. During its quarterly earnings call today, the Soda Giant CEO |
1:27.3 | announced plans to add a line of cane sugar sweetened Coke quarterly earnings call today, the soda giant CEO announced plans to add a line |
1:28.9 | of cane sugar sweetened Coke after Trump last week said Coca-Cola had agreed to use real cane sugar |
1:34.4 | in the soda. However, he added that the company will continue to use corn syrup to sweeten its drinks. |
1:41.0 | And the European Commission has opened an in-depth investigation into Universal Music Group's $775 million takeover of U.S. label downtown, citing competition concerns. |
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