Alex Ossola

industrial products on hold.

The Europeans move comes after Trump's threat to impose new tariffs on eight European countries that have opposed his plan to buy the Danish territory.

A European official says that the U.S.

is undermining the stability and predictability of trade relations.

And Charles Schwab says its quarterly profit jumped 34 percent to nearly $2.5 billion.

A surge in activity from younger investors helped drive Schwab's trading revenue up 22 percent.

Many of the traders betting on stocks, options, and other asset classes are millennials and Gen Z, and Schwab is angling to capture their business.

Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

We'll have more coverage of the day's news on the WSJ's What's News podcast.

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

President Trump's threats around Greenland rattle European leaders and U.S.

markets.

Plus, a new AI coding tool is making developers excited, but also nervous.

And Netflix says that revenue and profit grew in its latest quarter as subscriptions topped $325 million.

It's Tuesday, January 20th.

I'm Alex Oselev for The Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

President Trump's threat of tariffs on European allies as part of his effort to get his way over Greenland is causing strong reactions from European leaders.

At the World Economic Forum in Davos, Switzerland, Ursula von der Leyen, the president of the European Commission, said today that Greenland's sovereignty was, quote, non-negotiable.

First principle, full solidarity with Greenland and the Kingdom of Denmark.