P.M. Edition for July 11. A decade after their infamous merger, Kraft Heinz is looking to split its grocery business from its faster-growing sauces and condiments business. Plus, the Trump administration turns to deregulation as a quieter way to boost economic growth. WSJ chief economics commentator Greg Ip joins to discuss how the administration is weighing costs and benefits to clear the way for innovation. And Ford Motor has recorded the most safety recalls in the first six months of 2025 than any automaker ever has in a whole calendar year. We hear from Ryan Felton, who covers automakers for the Journal, about why, and what Ford is doing about it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.