National/International

Despite a growing fossil fuel export business, the U.S. economy has actually seen its emissions of carbon dioxide fall the last two decades. A new analysis lists the specific reasons, and there are many: more natural gas burned instead of coal, more wind and solar power, more efficient factories and cars. But tomorrow's path to lowering emissions may look very different as new technologies come online and more things run on green electricity.

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Changes at the top for Wells Fargo

Aug 17, 2017

Scandal-besieged Wells Fargo seems to be cleaning up its act. It's replacing three of 15 board members, including the chairman. Stephen Sanger will step down at the end of the year and current Vice Chair Elizabeth Duke will take his place. Is this a real change for the bank?

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Are we at economic war with China?

Aug 17, 2017

Déjà vu all over again? A Trump administration official has called a reporter up and had a very candid, shall we say, colorful conversation, which he maybe did, maybe didn't think was on the record. This time, the official was White House chief strategist Steve Bannon who said: "We're at economic war with China." Bannon said he thinks the U.S. is losing. How much truth is there in that? How are economic relations between the U.S. and China?

At his Tuesday press conference in New York, during which he discussed the recent violence in Charlottesville, Virginia, President Trump spoke about his theory on how to overcome America's racial divides. He said, "We have many companies, I say pouring back into the country. I think that's going to have a huge, positive impact on race relations. You know why? It's jobs. What people want now, they want jobs. They want great jobs with good pay and, when they have that, you watch how race relations will be."

Women CEOs outperform men, so why aren't companies giving them the top job?

Aug 17, 2017

When you look at the largest companies in the country, few of them have female CEOs or even female board members. Some high-profile female CEOs have been forced out of their jobs recently. Yet, companies led by women tend to have better returns than those that aren't. So what gives?

08/17/2017: The tale of the vanishing businessmen

Aug 17, 2017

After CEOs started abandoning ship from President Trump's business advisory groups, he just decided to...dissolve a couple of them. On today's show, we'll look at whether these councils could've actually accomplished anything, and if the CEOs of these big companies have lost an important communication link to the White House. Afterwards, we'll talk about how businesses are processing the uncertainty happening in Washington, D.C., and then discuss the effects of the upcoming solar eclipse on solar power. 

Officials from the U.S., Mexico and Canada met Wednesday to begin renegotiations of the North American Free Trade Agreement. In an opening statement, U.S. Trade Representative Robert Lighthizer praised President Trump for the fact that these negotiations were even happening.

"American politicians have been promising to renegotiate NAFTA for years, but today, President Trump is going to fulfill those promises," he said.

Earlier this month, Google fired an engineer, claiming that he violated the company’s code of conduct and created a hostile work environment when he wrote and shared what is by now an infamous memo alleging that the underrepresentation of women in tech was not due to sexism but because of biological differences. Google, however, is not the only company dealing with a hostile or threatening social environment at work, according to RAND, a nonprofit think tank.

Some new research out today by the Wells Fargo Investment Institute points to some significant differences in investment behavior between generations. For Gen Xers and millennials, the looming specter of the financial crisis is causing them to be more conservative with their portfolios.

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Walmart vs. Amazon: Which will win the retail wars?

Aug 17, 2017

Walmart and Amazon represent two sides of the U.S. economy locked in a bitter feud — brick-and-mortar stores versus online retail. We think of Amazon as the upstart in all of this and Walmart as the stalwart, but there are signs that might be changing.

With the acquisitions Walmart is making, who's the real threat to whom in this retail tussle? 

Josh Brown, the CEO of Ritholtz Wealth Management, joined us to talk about both of the companies' strategies and which company could pull ahead. Below is an edited transcript. 

Two of the world's biggest tech companies, Alibaba and Tencent, are from China. With both having either recently released their quarterly earnings or preparing to, we'll take a look at how they're trying to expand their growth. Afterwards, we'll chat with Rashad Robinson, executive director at Color of Change, about the action that tech groups should take when their users include white supremacist groups.

Should companies turn away white supremacist users?

Aug 17, 2017

Since the events in Charlottesville this past weekend, companies have been making a point to say they will not support white supremacists on their platforms. Airbnb was ahead of most when it kicked off customers who were renting in the area to attend the rally.

08/17/2017: Hate groups run into a payments problem

Aug 17, 2017

Discover Financial Services is ending merchant agreements with what it deems as hate groups, while Visa and Mastercard are taking a similar stand. On today's show, we'll take a look at how big of a step this is toward limiting funding for hate groups. Afterwards, we'll discuss Steve Bannon's interview with Prospect Magazine, in which he said the U.S. is fighting an "economic war" with China. Then we'll talk about the ongoing rivalry between Walmart and Amazon, which represents two sides of the U.S. economy: brick-and-mortar versus online sales.

Three big words in tech news today: original video content. Apple is reportedly making a big push into the business with a $1 billion plan to stream its own shows on its Apple TV and Apple Music platforms. The tech giant joins an increasingly crowded field, competing with the likes of Netflix, Amazon and Hulu, not to mention traditional cable channels like HBO.

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Do viewers want film and TV to directly confront racism?

Aug 16, 2017

The violence in Charlottesville, Virginia, this past weekend and the president's many responses have brought a whole bunch of things in this society and this economy to the surface. One of the big things is America's issues with race and racism. That can be troubling to think about and sometimes hard to talk about, but it doesn't mean it's not an important conversation that's impacting our culture.

Hope Hicks, one of President Trump's rarely seen but longest-serving aides, has been named interim White House communications director, filling the position left vacant by Anthony Scaramucci after his 10-day tenure.

Hicks will work alongside press secretary Sarah Huckabee Sanders until a permanent replacement is found, the White House said. She has been serving as director of strategic communications.

"We will make an announcement on a permanent communications director at the appropriate time," a White House official said.

President Trump’s main council of top corporate executives fell apart today following Trump's remarks that the violence at a rally of white supremacists in Charlottesville, Virgina, was perpetrated by many sides. A wave of resignations from the president's American Manufacturing Council started Monday and continued this morning, until Trump abruptly disbanded it and another group with this tweet: 

Update, 8/16/17: President Trump disbanded both his manufacturing council and his Strategy and Policy Forum in a tweet Wednesday morning. Several more CEOs left the council before and after. The updated story is below.

At a White House event on Monday, President Trump explicitly condemned white supremacists and neo-Nazis after facing increasing pressure to rebuke the hate groups responsible for the outbreak of violence in Charlottesville, Virginia, over the weekend. 

Why aren't there more female CEOs?

Aug 16, 2017

The number of female CEOs may be higher today than it was 10 years ago, but it's still not great. And in the last couple of months, some high-profile female CEOs have been forced out of their jobs. Julie Creswell at the New York Times and Jena McGregor at the Washington Post have both written about why corporate America has been so slow to hire women for C-suite positions and what happens once women get to those positions. 

 

08/16/2017: The price tag of letting Obamacare fail

Aug 16, 2017

The nonpartisan Congressional Budget Office has released a new report evaluating what would happen if Trump cut off Obamacare subsidies. The result: the government will actually end up shelling out more money. We'll take a look at why this move would cost them more, and how taxpayers would be affected. Afterwards, we'll discuss a decline in the number of new homes being built in the U.S., and then talk about fringe sites that are popping up to support white supremacist groups as they get kicked off of more mainstream platforms.

President Trump shifted his tone again on the white nationalist rally in Charlottesville, Va., while answering questions from reporters on Tuesday.

"We make German cars, in America"

Aug 16, 2017

The idea of more open, global trade has been sold as necessary for economic success. Yet today we hear calls to "build a wall" and to break up trading partnerships. Turns out we've seen the pendulum swing between free trade and protectionism many times before. Our series Trade Off looks at key moments when trade barriers have been built up or torn down and at globalization's winners and losers. 

Pop quiz: How are nuclear power plants in the U.S. related to national security? It’s OK if you don’t have an answer, because a new 38-page report from the former Energy Secretary Ernest Moniz makes that link explicit. 

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Airbnb, GoDaddy, Google — they've all said to white supremacist groups in so many words: Move on along. Not here. You're not staying with us and your websites aren't welcome. 

This morning, we'll hear from discount retailer Target on how it performed in the second quarter of the year. Last month, Target raised its guidance on sales at stores open at least a year. Analysts will be watching to see how its digital sales perform against big rivals like Amazon, which present ever increasing threats.

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What to expect from today's NAFTA renegotiations

Aug 16, 2017

Attacking the North American Free Trade Agreement was a central part of President Trump's campaign. But as talks between the U.S., Canada and Mexico open up today, his administration has the chance to change it.  

08/16/2017: Let the NAFTA renegotiations begin

Aug 16, 2017

President Trump has dubbed the North American Free Trade Agreement "one of the worst deals ever." Well, now he has a chance to change it as talks to overhaul the pact begin today. One of the original negotiators of the deal, Mickey Kantor, joined us to talk about some of the revisions we might see and why America's trade relationship with Mexico and Canada is so important. Afterwards, we'll look at how Target is faring as the threat of Amazon looms in the background.

The Department of Justice has asked DreamHost for 1.3 million IP addresses connected to a site that organized protests around President Trump's inauguration. On today's show, we'll look at whether there's a historical precedent for such a request, and what this would mean for hosting companies if DreamHost were to give up this information. Afterwards, we'll chat with Alex Klein, CEO of the startup Kano, about the importance of coding.

President Trump's American Manufacturing Council originally included the chief executives of more than two dozen top U.S. companies, as well as leaders of industry groups and labor unions. Today, it has four fewer members, after Trump made what many called an inadequate response to the deadly weekend violence at a white supremacist rally in Charlottesville, Virginia.

Of 577 key federal jobs requiring Senate confirmation, only 106 have had nominees put forward by President Trump. That's according to the count by the Washington Post and the Partnership for Public Service. Those vacancies include leadership roles at NASA and NOAA, the National Oceanic and Atmospheric Administration. With no one at the helm, science-based agencies can’t undertake major new research or other initiatives, and lose their effectiveness. But under the current White House administration, new leadership could be more disruptive.

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