The Journal.

After nearly three decades as creative director, Donatella Versace is stepping down from her role at her family’s fashion house. The announcement comes after years of clashes between the designer and the American businessman who acquired her family’s brand. WSJ’s Suzanne Kapner unpacks the drama and discusses what it means for the fashion house. Further Reading: -Inside the Versace Clash Between Donatella and the ‘American Cowboy’ CEO -Donatella Versace to Step Down as Chief Creative Officer of Versace -The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead Further Listening: -The Resurrection of Abercrombie & Fitch -Old Navy Tried to Make Sizes for All. It Backfired. Learn more about your ad choices. Visit megaphone.fm/adchoices

Columbia University gave in to President Trump’s demands after he revoked roughly $400 million in federal funding. WSJ’s Douglas Belkin explains how the university made its decision, and the impact that may have on campuses across the country. Further Reading: - Universities Sprint from ‘We Will Not Cower’ to Appeasing Trump - Columbia Yields to Trump in Battle Over Federal Funding Further Listening: - Pro-Palestinian Protests and Arrests at U.S. Colleges - The 2024 College Financial Aid Mess Learn more about your ad choices. Visit megaphone.fm/adchoices

After it was approved in 2019, Spravato, a depression treatment derived from the club drug ketamine, was looking like a dud. But recently it has taken off, and it surpassed $1 billion in annual sales last year for its maker, Johnson and Johnson. Further Listening: -A Lawyer Says He Doesn't Need Help for Psychosis. His Family Disagrees. -America's Maternal Mental Health Crisis Further Reading: -J&J’s Ketamine-Derived Drug Is Taking Off -Big Pharma Walked Away From Mental Health. Why Some Are Coming Back. Learn more about your ad choices. Visit megaphone.fm/adchoices

A battle has been brewing between President Trump and the judicial system as courts delay some of the administration's rapid fire executive orders. WSJ’s Jess Bravin joins Ryan Knutson and Molly Ball to discuss the recent clashes between Trump and the courts. Further Reading: - Chief Justice Roberts Criticizes Trump’s Call to Impeach Judges - Trump Escalates Push Against Legal Norms - A Presidency of Upheaval Emboldens Trump Further Listening: - A New Phase in Trump’s Immigration Fight - Trump 2.0: The Uncertainty Economy Learn more about your ad choices. Visit megaphone.fm/adchoices

Greenland could satisfy the world’s hunger for minerals, if miners could just start digging. WSJ’s Sune Rasmussen explains why Greenland’s minerals remain mostly untapped, and what bringing these rare earths to the surface could mean to the global supply chain. Further Reading: - Greenland Has the Makings of a Mining Boom. So Where Is Everyone? - Greenlanders Reject Trump’s Overtures at the Ballot Box Further Listening: - Why Trump Wants Ukrainian Minerals - Why an Arctic Treasure Is Spurring Hope and Dread Learn more about your ad choices. Visit megaphone.fm/adchoices

Immigrants who took advantage of a Biden-era program to enter the U.S. are now being targeted by the Trump administration, including people who fled the Russia-Ukraine war. WSJ’s Michelle Hackman explains how the program came to be and how Trump cancelled it. Further Reading: - They Thought They Came to the U.S. Legally. Now They’re at Risk for Deportation. - What Green Card and Visa Holders Need to Know About Recent Deportations Further Listening: - Trump's Immigration Overhaul Learn more about your ad choices. Visit megaphone.fm/adchoices

Walmart has been America’s largest retailer by revenue for over three decades. But that title might change hands this year, with Amazon hot on the supercenter’s heels. WSJ’s Sarah Nassauer explains how Walmart has fought hard to keep its crown. Further Reading: -How Walmart Built the Biggest Threat Amazon Has Faced -Walmart’s Reign as America’s Biggest Retailer Is Under Threat Further Listening: -The 20,000 Steps to a Walmart Manager’s Six-Figure Salary -What Walmart’s Aisles Say About the American Consumer Learn more about your ad choices. Visit megaphone.fm/adchoices

Matthew Van Andel’s ordinary life unraveled when he accidentally downloaded a trojan horse that gave a hacker access to his entire computer. But the hacker didn’t just get Van Andel’s information. It also got his employer: Disney. Further Reading: -A Disney Worker Downloaded an AI Tool. It Led to a Hack That Ruined His Life. -How to Keep Hackers From Destroying Your Digital Life Further Listening: -Six Days of Chaos at MGM's Casinos -Hack Me If You Can Learn more about your ad choices. Visit megaphone.fm/adchoices

Gloria Allred’s lifelong crusade against men accused of sexual misconduct has made her a high profile feminist lawyer. But little is known about what happens between Allred and her clients, mostly women, behind the scenes. WSJ’s Khadeeja Safdar reports. See the Journal live! Take our survey! Further Reading: -The High-Pressure Tactics Attorney Gloria Allred Uses—On Her Own Clients Learn more about your ad choices. Visit megaphone.fm/adchoices

The Federal Reserve has been focused on cooling inflation and achieving a so-called soft landing. President Trump’s trade policies have sent markets reeling and fears of a recession are on the rise. WSJ’s Nick Timiraos joins Ryan Knutson and Molly Ball to discuss Trump’s economic vision. Plus, the Trump administration is moving to deport a permanent legal resident of the United States and the possibility of a government shutdown has Democrats in a pickle. Further Listening: - What’s Going On With the Economy - Tesla Has a Problem: Elon Musk - The Fight to Kick Soda Out of Food Stamps Further Reading: - How Trump 2.0 Is Shifting Its Tone on Markets - A Presidency of Upheaval Emboldens Trump Learn more about your ad choices. Visit megaphone.fm/adchoices

In 2023, crypto exchange Binance and its CEO and founder, Changpeng Zhao, pleaded guilty to violating U.S. money laundering laws. Now, an investigation finds that representatives of President Trump’s family have been in talks to take a financial stake in the U.S. arm of Binance. At the same time, Zhao has pushed the Trump administration to grant him a pardon. WSJ’S Rebecca Ballhaus brings exclusive reporting. Further Reading: - Trump Family Has Held Deal Talks With Binance Following Crypto Exchange’s Guilty Plea - How the Trumps Turned an Election Victory Into a Cash Bonanza Further Listening: - Love Trump? Now You Can Buy His Meme Coin - Inside the Trump Crypto Bromance Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the weekend, President Donald Trump said he wasn’t going to rule out a recession in the U.S.'s future. WSJ's Ashby Jones explains the cracks starting to appear in the economy and Brian Schwartz reports on how the White House is managing those cracks. See The Journal live! Take our survey ! Further Reading: -Trump’s Economic Messaging Is Spooking Some of His Own Advisers -Inflation Cooled to 2.8% in February, Lower Than Expected -CEOs Don’t Plan to Openly Question Trump. Ask Again If the Market Crashes 20%. Further Listening: -The Trade War With China Is On -Trump’s Tariffs Cause Chaos in Auto Industry Learn more about your ad choices. Visit megaphone.fm/adchoices

Elon Musk’s politics have eroded Tesla’s appeal among some core buyers of electric vehicles. Some customers have started getting rid of their Teslas, and the company’s sales are down worldwide. Meanwhile, Musk is looking at new ways to expand Tesla’s business. WSJ’s Becky Peterson explains how Tesla’s fortunes are falling as Musk rises in Trump world. See the Journal live! Take our survey! Further Reading: -Tesla’s Fortunes Fall as Musk Rises in Trump World -Tesla Caps Roller-Coaster Year With Mixed Fourth-Quarter Earnings Further Listening: -Trump 2.0: The Musk-Trump Bromance -Inside USAID as Elon Musk and DOGE Ripped It Apart -Tesla's Multibillion-Dollar Pay Package for Elon Musk Learn more about your ad choices. Visit megaphone.fm/adchoices

Not much has gone right for Walgreens. Facing tough headwinds, the brand has been playing catch up to other U.S. pharmacy retailers for years. WSJ’s Joseph Walker on what went wrong for Walgreens and the private equity deal that could sell the company for parts.See The Journal live! Take our survey! Further Reading: - Walgreens Goes From $100 Billion Health Giant to Private-Equity Salvage Project - The Walgreens Billionaire Watching His Empire Come Apart Further Listening: - How Target Got Off Target - What Went Wrong at Bed Bath & Beyond? Learn more about your ad choices. Visit megaphone.fm/adchoices

Robert F. Kennedy Jr’s Make America Healthy Again movement is leading an effort to stop people from spending food stamps on soda. WSJ’s Laura Cooper explains how one state is leading the charge and how beverage companies are pushing back. See The Journal live! Take our survey! Further Reading: -RFK Jr. And His Allies Target Trump’s Beloved Soda Further Listening: -PepsiCo’s New Healthy Diet: More Potato Chips and Soda -Who Wants Non-Alcoholic Beer? Everyone, Apparently. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump delivered a celebratory speech to Congress, declaring that he had swiftly notched several wins for the American people. WSJ’s Andrew Restuccia joins Kate Linebaugh and Molly Ball to discuss the roadmap Trump laid out and what it means for the next few years. See The Journal live! Take our survey! Further Listening: -The Trade War With China Is On -Trump's Tariffs Cause Chaos in Auto Industry -Inside DOGE's Campaign of Secrecy Further Reading: -An Annotated Fact-Check and Analysis of Trump’s Speech to Congress -How Trump’s Polite Meeting With Zelensky Descended Into Acrimony Learn more about your ad choices. Visit megaphone.fm/adchoices

Sonos, the high-end speaker company, continues to reel from its disastrous app update last May. The company lost revenue and approximately $600 million in market capitalization. Then came the layoffs and a CEO exit. WSJ’s Ben Cohen explains. See The Journal live! Take our survey! Further Listening: - The Glitch That Crashed Millions of Computers - The Snowballing Problems at Vail Resorts Further Reading: - The $500 Million Debacle at Sonos That Just Won’t End - Sonos Finally Hits the Hard Reset Button Learn more about your ad choices. Visit megaphone.fm/adchoices

In the last month, the Trump Administration has levied 20% tariffs on imports from China. We speak to the CEO of an American home goods company about the impact of the trade war. WSJ’s Hannah Miao explains how it’s already affecting manufacturers and the economy in China. See The Journal live! Take our survey! Further Reading: - The Tariff Pain Is Getting Real for Chinese Companies - Chinese Manufacturers Speed Up Efforts to Dodge Trump Tariffs Further Listening: - Why Trump Wants Ukrainian Minerals - Trump 2.0: Shaking Up Europe Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump’s 25% tariffs on goods from Mexico and Canada took effect first thing Tuesday. The American auto industry will be hit hard by these tariffs since many parts and materials come from Mexico and Canada. WSJ’s Mike Colias and a U.S. a uto parts supplier talk about the impact of the tariffs. Further Listening: -Trump’s Tariff Whiplash -How One Business Is Getting Ahead of Trump’s Tariffs Further Reading: -Auto Executives Try to Sway Trump on Tariffs, EV Subsidies -Tariff Threat Prompts Automakers to Find New Suppliers, Consider Higher Prices -Canada and Mexico Gambled on a Free Trade Future. The Bet Is Turning Sour. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Zizians, a cult-like group of militant vegans, has been connected to six killings across the country. The violence has sent shockwaves throughout Silicon Valley. WSJ’s Zusha Elinson explains how the Zizians splintered from a Bay Area intellectual movement concerned with AI safety. Further Reading: -A Silicon Valley Intellectual Society Kicked Them Out. Now They’re Tied to a Killing Spree. -How a Fervent Belief Split Silicon Valley—and Fueled the Blowup at OpenAI Further Listening: -The Fall of Crypto’s Golden Boy -The Story Behind the Stabbing of a San Francisco Tech Exec -The Biotech Founder Facing Murder Charges Learn more about your ad choices. Visit megaphone.fm/adchoices

In the first few minutes of the Trump presidency, Elon Musk’s programmers made a surprise incursion into a key personnel agency. Since then, DOGE programmers operating in the shadows have burrowed into systems across the government, resulting in thousands of layoffs. WSJ’s Scott Patterson explains how DOGE has entered vast parts of the federal bureaucracy. Further Reading: -Inside DOGE’s Clash With the Federal Workforce -DOGE Claims It Has Saved Billions. See Where. Further Listening: -Trump 2.0: The Musk-Trump Bromance -Inside USAID as Elon Musk and DOGE Ripped It Apart Learn more about your ad choices. Visit megaphone.fm/adchoices

Lawmakers in the House of Representatives narrowly passed a budget resolution this week that serves as a first draft of the “big, beautiful bill” President Trump has been seeking. WSJ’s Siobhan Hughes joins Ryan Knutson and Molly Ball to discuss how Congress is working with Trump. Plus, we take a look at what impact recent rulings from the judicial branch might mean for Trump's agenda. Further Reading: - The Weight of Trump’s Agenda Sits on Mike Johnson’s Shoulders Further Listening: - Why Trump Wants Ukrainian Minerals - Trump 2.0: Shaking Up Europe Learn more about your ad choices. Visit megaphone.fm/adchoices

Paramount Global is wrestling with whether to settle President Trump’s lawsuit against its CBS unit. At the same time, the company is waiting for regulatory approval from the Trump administration for its merger with Skydance Media. WSJ’s Jessica Toonkel explains. Further Reading: -CBS Owner Discusses Settling Trump Suit, With Merger Review on Tap -FCC Requests ‘60 Minutes’ Harris Interview Material as It Reviews Paramount-Skydance Merger -Paramount Executives Ask: Could They Be Sued for Settling Trump’s $20 Billion CBS Lawsuit? Further Listening: -Mayhem at Paramount as Merger Looms -Why Buying Paramount Global Won’t Be Easy Learn more about your ad choices. Visit megaphone.fm/adchoices

If you landed on a flight from Europe to New York recently, you might have been an unwitting participant in a high-stakes, high-altitude gold trade. WSJ’s Joe Wallace explains what's going on with the gold market, and why gold bars have been flying commercial. Further Reading: -Why Dealers Are Flying Gold Bars by Plane From London to New York Further Listening: -Trump's Tariff Whiplash -The Underground Battle for Colombia's Richest Gold Mine Learn more about your ad choices. Visit megaphone.fm/adchoices

As the U.S. fights a persistent bird flu outbreak, the cost of eggs has skyrocketed. The owner of a brunch cafe tells us about the impact of high-priced eggs on his business and WSJ’s Patrick Thomas unpacks one possible fix that the egg industry wouldn't consider – until now. Further Reading: - Soaring Egg Prices Reignite Debate Over Bird Flu Vaccinations - At the ‘Wall Street of Eggs,’ Demand Is Surging - First Cows, Now Cats. Is Bird Flu Coming for Humans Next? Further Listening: - Bird Flu and the High Price of Eggs - Farm-to-Table Pioneer on Why We Still Need Better Food Learn more about your ad choices. Visit megaphone.fm/adchoices

The Trump administration is pushing Ukrainian President Volodymyr Zelensky to hand over mineral rights worth hundreds of billions of dollars to the U.S. Zelensky said a deal is possible but he wants better terms. WSJ's James Marson explains why these minerals are so valuable and what this potential deal could mean for ending the war between Russia and Ukraine. Further Listening: - Trump 2.0: Shaking Up Europe - Ukraine's $30 Billion Problem Further Reading: - A Guide to U.S.-Russia Talks on Ending the War in Ukraine - Ukraine’s Zelensky Wants Better Terms on Minerals Deal Demanded by Trump Learn more about your ad choices. Visit megaphone.fm/adchoices

For decades, Germany has relied on manufacturing and exports – a model that made it the world’s third largest economy. But that model is breaking down, and the country’s leaders are offering few alternatives in the upcoming election. WSJ’s Tom Fairless and Bertrand Benoit discuss Germany’s downturn and what can be done about it. Further Reading: - Germany’s Economic Model Is Broken, and No One Has a Plan B - Why Germany’s Confidence Is Shattered and Its Economy Is Kaput Further Listening: - Trump 2.0: Shaking Up Europe - Germany’s Difficult Breakup with Russian Energy Learn more about your ad choices. Visit megaphone.fm/adchoices

The Trump Administration turns its focus to Europe as President Trump signals a willingness to cooperate with Russia. WSJ’s Alex Ward joins Ryan Knutson and Molly Ball to discuss what that means for an end to the war in Ukraine. Further Reading: -Trump’s Turn to Russia Spooks U.S. Allies Who Fear a Weakened NATO -Trump’s Attack on Zelensky Signals New World Order Taking Shape Further Listening: -Trump 2.0: The Musk-Trump Bromance -R.I.P. CFPB? Learn more about your ad choices. Visit megaphone.fm/adchoices

A controversy among YouTube influencers has led to a series of lawsuits accusing browser extensions like PayPal Honey of swiping their commissions. PayPal said it disagrees with the claims in these lawsuits and look forward to defending itself. The litigation shines a light on the sometimes murky world of affiliate marketing, a $12 billion business. Further Reading: -Creators Insist Coupon Browser Extensions Are Stealing Their Money. Will the Courts Agree? Learn more about your ad choices. Visit megaphone.fm/adchoices

In recent years, most home insurers were fleeing areas of California with high risk for wildfires. But State Farm was there, dominating the market. Then, just months before the devastating L.A. fires, the company dropped 30,000 homeowners from their books. WSJ’s Jean Eaglesham explains how the risk that State Farm unloaded is now a problem for the rest of California. Further Reading: -State Farm Was All In on California – Until it Pulled the Plug Before the Fires -Insurers’ Rule Change Puts California Homeowners on the Hook for L.A. Fire Further Listening: -Their L.A. Neighborhood Burned. Two Residents Find What’s Left. -Insuring a Home in California Is Getting Harder Learn more about your ad choices. Visit megaphone.fm/adchoices