Tesla profits slide 16%, despite Elon Musk's pivot back to his companies The earnings report follows a 13.5% drop in sales this quarter, compared to the same period a year ago. John Ruwitch
How China came to rule the world of rare earth elements The U.S. once controlled the market on rare earth elements, sought after for a range of technologies. But in the last few decades, China has cornered that market and surpassed the U.S. Emily Feng
Trump announces trade deal with Japan that lowers threatened tariff to 15% The 15% tax on imported Japanese goods is a meaningful drop from the 25% rate that Trump, in a recent letter to Japanese Prime Minister Shigeru Ishiba, said would be levied starting Aug. 1. The Associated Press
Can the U.S. sugar supply meet demand for Coca-Cola's cane sugar change? NPR's Ari Shapiro talks with Kevin Combs of McKeany-Flavell about the U.S. sugar industry's capacity to meet demand for a new Coke drink made with U.S. cane sugar. Christopher Intagliata
Car makers are feeling tariff pain: GM is the 2nd company to take a hit to profits The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%. Camila Domonoske
President Trump indicates he'll let Fed Chair Jerome Powell serve out his term President Trump seemed willing to allow Jerome Powell to complete his term as chair of the Federal Reserve — at least for now. His comment comes as he and his administration continue to attack Powell. Rafael Nam
NPR news chief announces she's leaving days after Congress kills federal funding NPR newsroom chief Edith Chapin says she's leaving the network. She made the announcement just days after Congress voted to strip public broadcasting of all federal funding. David Folkenflik
Over 5 million pools sold in the U.S., Canada under recall after reports of 9 deaths More than 5.2 million aboveground swimming pools sold across the U.S. and Canada over the last two decades are being recalled after nine drowning deaths were reported. The Associated Press
Alaska Airlines resumes operations after data center equipment failure grounds all flights Alaska Airlines has resumed operations after the failure of a critical piece of hardware forced the airline to ground all its flights for approximately three hours, but the effects will linger into Monday, the company announced. Associated Press
U.S. coffee drinkers and businesses will pay the price for Trump's Brazil tariffs President Trump plans to levy a 50% tariff on all goods from Brazil — the source of about 30% of U.S. coffee imports. This looming tariff threat has sent shock waves through the U.S. coffee industry. Jaclyn Diaz
