Rex Tillerson is out as Secretary of State and CIA director Mike Pompeo is in. President Trump made the announcement in a tweet on Tuesday morning just minutes after a report in the Washington Post was published. Tillerson disagreed with the White House on a number of issues such as the Iran nuclear deal and the best approach to talks with North Korea. Gina Haspel will became the new CIA director once Pompeo becomes Secretary of State. She is the first woman to ever serve in this role.
Meanwhile, President Trump issued an executive order blocking Broadcom's hostile takeover bid for rival chipmaker Qualcomm. Trump cited national security concerns as the reason for interfering with the acquisition. Many experts speculate this is part of growing concerns over China's influence in mobile technology. Qualcomm is the largest mobile chipmaker in the U.S. Broadcom is currently based in Singapore but is moving its headquarters back to the states next month.
Olympic gold medalist and author Scott Hamilton joins us to talk about his figure skating career and his new book. In his book, "Finish First," Hamilton talks about how winning and losing has shaped him as a person. He also opens up about his numerous health struggles in the past few decades. Hamilton is a cancer survivor and is currently living with a brain tumor.
Plus, Kristen Scholer sits down with Brooklyn Decker and Whitney Casey at SXSW to talk about their start-up Finery. The two recently secured $5 million in seed funding for the online wardrobe company. Decker and Casey discuss the future of artificial intelligence and how the technology could potentially play a role in their company soon.
Home prices far outpacing incomes, low inventory, and higher living costs are reshaping the market. WSJ’s Veronica Dagher breaks down the challenges ahead.
As commercial options tighten, more travelers are turning to private aviation. Wheels Up CEO George Mattson breaks down capacity and demand challenges.
Layoffs, hiring slowdowns, and shifting skill demands dominate this year’s job talk. LinkedIn’s Kory Kantenga explains what workers should watch for next.
Retailers face tariffs and cost challenges this holiday season. Wells Fargo's Lauren Murphy shares insights on pricing, promotions, and shopping trends.
Dateability, founded by sisters Jacqueline and Alexa Child, is the only dating app for disabled and chronically ill communities, fostering love without limits.
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
