2:00

manage to get an absolute majority. That means more

2:02

than 289 seats. Macron will be forced to

2:07

pick a prime minister from their

2:09

camp, which in all likelihood will

2:11

be Jardin Bardela, Marine Le

2:13

Pen's protege. OK, so Nomi, why

2:15

is it that these parliamentary elections

2:18

are being so closely watched? Well,

2:20

I think that these elections matter

2:22

not just for France but also

2:24

for Europe, because Marine Le Pen's

2:26

far right. Her position

2:29

on international issues are quite

2:31

different from what we've seen

2:33

in France so far and

2:35

from Macron's position on these

2:37

issues. She wants to withdraw

2:39

France from NATO's military command.

2:41

She is fiercely anti-European. So

2:43

it would be very different

2:45

from what we've seen in Italy with the rise of

2:47

Maloney. We would be in a very

2:49

different situation and that would have an impact on

2:52

the rest of Europe and the rest

2:54

of the world. Macron's decision to dissolve

2:56

the National Assembly in the wake of

2:58

the European elections was not a good

3:00

one. Clearly his plan backfired. The

3:03

Supreme Court is set to decide

3:05

today whether Donald Trump must stand

3:07

trial on charges he tried to

3:09

subvert the 2020 election he lost

3:11

to President Biden. This

3:13

decision could add more drama to the 2024

3:16

presidential race, just days after

3:19

the first presidential debate rekindled

3:21

questions over President Biden's age.

3:25

Over the weekend, top Democratic leaders

3:27

and donors such as New Jersey

3:29

Governor Phil Murphy and

3:31

former House Speaker Nancy Pelosi called

3:34

for the party to stand behind

3:36

President Biden. While at

3:38

a gathering on Sunday, members of

3:40

his family urged him to keep

3:42

going with his re-election campaign, according

3:45

to people familiar with the conversations.

3:47

This comes as new post-debate polling

3:50

released on Sunday by

3:52

CBS News and YouGov showed

3:54

growing doubts among voters about

3:56

Biden's candidacy. Boeing

4:03

says it's completed a deal

4:05

to buy troubled partsmaker Spirit

4:07

Aerosystems for $4.7 billion in

4:11

stock. Spirit's been at the

4:13

center of quality issues affecting 737 MAX

4:15

jets, with Boeing executives

4:19

saying they believe taking control

4:21

of Spirit's operations will help

4:23

it improve the safety and

4:25

quality of its manufacturing. Boeing

4:28

and Spirit have been under

4:31

increased scrutiny by federal regulators

4:33

since the Alaska Airlines door

4:35

plug blowout in January involving

4:37

a plane fuselage made at

4:39

a Spirit factory in Kansas.

4:43

Meanwhile, prosecutors plan to ask

4:45

Boeing to plead guilty to

4:47

deceiving air safety regulators about

4:49

a key aspect of the

4:53

737 MAX implicated in two deadly

4:55

crashes. According to people

4:57

familiar with the matter, Boeing will have

5:00

until the end of the week to

5:02

either accept the guilty plea or move

5:04

to fight the fraud conspiracy charge in

5:07

court. A guilty plea

5:09

agreement would end a legal

5:11

saga dating back to 2021,

5:13

when Boeing admitted that two

5:16

former employees misled the Federal

5:18

Aviation Administration and the

5:20

company agreed to a form of corporate

5:22

probation. Prosecutors have argued

5:24

Boeing violated its requirements under the

5:26

2021 agreement, while Boeing has said

5:30

it followed the terms of the deal. The

5:33

global artificial intelligence arms race might

5:36

be about to go nuclear. We're

5:39

exclusively reporting that some of the

5:41

biggest tech companies are looking for

5:43

ways to power AI data centers

5:46

by buying electricity directly from America's

5:48

nuclear plants. Among them,

5:51

Amazon Web Services, which is

5:53

nearing a deal with Constellation

5:55

Energy, for electricity supplied directly

5:57

from an east coast nuclear

5:59

plant. But these

6:01

kinds of behind-the-meter deals risk

6:04

raising energy prices for consumers,

6:07

with tech companies diverting resources

6:09

from the grid instead of

6:11

adding new green energy sources.

6:14

Here's a look at what else could

6:16

move markets today. BlackRock has reached a

6:19

$3.2 billion deal

6:22

to acquire UK data provider

6:24

Prequin as part of efforts

6:26

to boost data capabilities amidst

6:28

its push into the world

6:30

of managing alternative investments. The

6:33

world's largest asset manager, known

6:35

for its exchange-traded funds, said

6:38

that alternative assets are expected to reach

6:40

nearly $40 trillion by the

6:42

end of the decade. Chinese

6:45

stocks gained ground with the

6:48

Shanghai composite rising nearly 1

6:50

percent after a private gauge

6:52

of manufacturing showed better-than-expected results

6:54

for the sector. And

6:57

US stock futures are pointing to

6:59

a positive start to the second half

7:01

of the year after markets closed down

7:03

on Friday, dragged lower in part by

7:06

the worst day on record for Nike

7:08

stock. Coming

7:10

up, retailers are increasingly

7:13

turning to store-branded products.

7:15

But are consumers buying

7:17

in? We'll have that

7:19

story and more after the break. This

7:25

message comes from Wall Street Journal

7:28

sponsor C3AI. C3 generative

7:30

AI enables rapid access to

7:32

secure, traceable, hallucination-free insights from

7:34

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the invisible into the obvious.

7:42

Learn more at C3.ai. This is Enterprise AI.

7:51

Companies in the US have long

7:53

been uninspired by stores' own brand

7:55

or private label products that

7:57

provide cheaper knockoffs to more much.

12:00

Thank you. And finally,

12:02

sales of unpasteurised milk in

12:04

the US are soaring as

12:07

influencers and public figures from

12:09

Gwyneth Paltrow to Robert F.

12:11

Kennedy Jr tout its delicious

12:13

taste and health benefits. And

12:16

although the Food and Drug Administration

12:19

has long warned that drinking it

12:21

can expose consumers to diseases such

12:23

as salmonella and E. coli, interest

12:26

in raw milk is on the up. And

12:29

journal reporter Sarah O'Brien says that's helping

12:31

some dairy farmers see the glass half

12:34

full. A 64-ounce jug of raw milk

12:36

at a store here in California where

12:38

it is legal to sell is $11.99,

12:42

but a pasteurized whole milk, same size,

12:45

64-ounce, is $7.99. So they're charging a

12:49

premium on raw milk and people are

12:51

paying for it. I talked to one

12:53

farmer who said that he's on track

12:55

to make $30 million in sales this

12:58

year and he's the largest seller in

13:00

California, but he's really talked about how

13:02

well his farm is doing. It's in

13:04

a growth stage rather than what some

13:06

of the pasteurized milk farmers are seeing,

13:08

which is really struggling and closing down

13:10

farms. And that's what's

13:12

news for Monday morning. Today's show

13:15

was produced by Daniel Bark with

13:17

supervising producer Pierce Lynch and I'm

13:19

Kate Bullivant for The Wall Street

13:21

Journal, filling in for Luke Vargas.

13:23

We'll be back tonight with a

13:25

new show. Until then, thanks for

13:27

listening. It's

13:53

been obvious. Learn more at C3.ai.

13:56

This is Enterprise AI.