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Pierre Bien-Aimé

Appearances

WSJ What’s News

DOGE’s Next Target: Government Office Space

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And does this have any effect on the bottom line when online purchase versus one done in store?

WSJ What’s News

DOGE’s Next Target: Government Office Space

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How many retirees have been affected by this kind of lapse, and how much money are we talking about?

WSJ What’s News

U.S. Stocks Tumble as Trump Delays Tariffs on Canada, Mexico

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How is it that the lack of permanent disposal ends up costing taxpayers more than it otherwise would?

WSJ What’s News

U.S. Stocks Tumble as Trump Delays Tariffs on Canada, Mexico

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Why is it so difficult to figure out permanent disposal?

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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Deputy Treasury Secretary Michael Falkender will now run the Internal Revenue Service, becoming the fifth person to hold that job so far this year. He replaces Gary Shapley, the former IRS criminal investigator who had criticized the government's investigation of Hunter Biden. The move furthers upheaval at the agency.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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The managers overseeing tax enforcement, human resources, finances, communications, privacy, risk, information technology, and legal counsel have all left this year or are leaving soon. As we've discussed many times on the show, consumer sentiment has fallen to near historic lows in the U.S., but higher-income consumers still seem to be spending with a bit of an adjustment.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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Consumers on the wealthier side are now spending at chains that typically cater to more budget-conscious shoppers. Jennifer Williams is a reporter on The Wall Street Journal's CFO Journal team, and she joins me now. Jennifer, where are these wealthier shoppers going exactly? Is it just dollar stores?

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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And a wealthier clientele, is that good news for some of the retailers out there?

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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What are these stores doing to cater to these new kinds of customers they've attracted?

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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and how some U.S. businesses are passing tariff costs on to customers. It's Friday, April 18th. I'm Pierre Bien-Aimé for The Wall Street Journal, filling in for Alice Osola. This is the PM edition of What's News, the top headlines and business stories that moved the world today.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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President Trump is replacing the acting IRS commissioner he appointed just three days ago. Plus, for lower-income shoppers, dollar store prices aren't as attractive as they used to be.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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Jennifer Williams covers corporate finance for The Wall Street Journal. Jennifer, thanks so much.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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Coming up, some businesses are labeling surcharges with names like Trump tariff to show who's responsible. That's after the break.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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Over the coming weeks, we're going to be taking a look at how companies are responding to Trump's tariffs and the tactics and strategies they're using to react to, survive, or even take advantage of the new trade war. Have you noticed anything different on your shopping bills recently? An extra fee, maybe.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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You may see them labeled Trump tariff surcharge or something like that, as businesses want to make one thing clear. These tariffs weren't our idea. Natasha Kahn covers business for The Wall Street Journal, and she joins me now. Natasha, what kinds of businesses are making this move, adding a charge that's specifically chalked up to the effects of tariffs?

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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We exclusively report that the Trump administration is pressing Harvard University to turn over records on the money it receives from foreign sources going back a decade. It's the latest move in the White House's growing pressure campaign against the country's most prominent university.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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We're in the midst of a 90-day pause on many tariffs and a whole bunch of uncertainty regarding what happens after that or maybe even sooner. Do the executives say that these charges could change if and when tariff rates do?

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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That was WSJ business reporter Natasha Khan. The U.S. has accused China of helping Yemen's Houthi militants target their attacks on American interests, a sign of Beijing and Moscow's increased support for the rebel group. A State Department spokesperson said yesterday that a Chinese company has been providing the group with satellite imagery even after the U.S.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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Secretary of Education Linda McMahon said in a statement that the request is meant to, quote, "...ensure Harvard is not being manipulated by or doing the bidding of foreign entities." An education department letter to the school presented no evidence that that was occurring.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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had pressed China to stop the support. President Trump began a campaign of airstrikes against the Iran-backed militants last month, bringing a second aircraft carrier into the region in an effort to stop attacks that have snarled key commercial routes through the Red Sea. China said it has worked to reduce tensions in the Red Sea since the situation escalated, implying that the U.S.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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was making them worse. Marketers are getting more comfortable with using artificial intelligence to speak for their brands. In fact, the industry is getting closer to the day when proponents of AI say the technology will develop, produce, and even approve entire campaigns with little or no human intervention.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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But as Patrick Coffey, a reporter for The Wall Street Journal's CMO Today, told our Tech News Briefing podcast, brands aren't waiting for perfection.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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You can hear Patrick's full interview on today's episode of Tech News Briefing. And that's what's news for this week. Tomorrow, you can look out for our weekly markets wrap-up, What's News in Markets. Then on Sunday, we'll be looking at how the Trump administration's moves could force U.S. universities to recalculate their bottom lines. That's in What's News Sunday.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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And we'll be back with our regular show on Monday morning. Today's show was produced by Anthony Bansi with supervising producer Michael Kosmides. Michael LaValle wrote our theme music. Aisha Al-Muslim is our development producer. Scott Salloway and Chris Zinsley are our deputy editors. And Falana Patterson is The Wall Street Journal's head of news audio. I'm Pierre Bien-Aimé. Thanks for listening.

WSJ What’s News

The Businesses Adding an Extra Charge With Trump’s Name On It

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In a written statement, Harvard said it has filed such reports for decades, quote, as part of its ongoing compliance with the law. Federal law requires universities to report donations from foreign sources of more than $250,000. President Trump is replacing the acting IRS commissioner he appointed just three days ago. That's according to people familiar with the matter.