The Journal.

Get more information about our first-ever live show here! Tickets go on sale Friday, September 5, 10am ET. Tickets go on sale Friday, September 5, 10am ET. Kraft Heinz, the huge company behind Oscar Mayer Hot Dogs, Heinz Ketchup and Kraft Mac and Cheese, is splitting in two. Behind this split is a private equity company, the MAHA movement, and the "historically bad deal” that merged Kraft and Heinz in the first place. WSJ's Jesse Newman tells Jessica Mendoza about what’s changing in America’s pantry. Further Listening: Breakfast Battle: The Cereal Industry vs MAHA The Fight to Kick Soda Out of Food Stamps Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Immigration and Customs Enforcement is trying to triple its ranks of deportation officers. Flush with cash from President Trump’s “one big, beautiful bill,” the agency is attempting to recruit and train an additional 10,000 officers. The push comes as the White House has set a goal of a million deportations by the end of Trump’s first year in office. It’s a pace that is roughly double what ICE is currently on track to achieve. WSJ’s Michelle Hackman tells Jessica Mendoza about her visit to an ICE training center in Georgia. Further Listening: - "I'm Thinking I'm 100% Legal." Then ICE Raided His Company. - Deportations Could Upend This Parachute FactorySign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Just a week after it unveiled a streamlined new design, Cracker Barrel has reversed its controversial decision to change its logo. WSJ's Heather Haddon unveils a behind the scenes corporate grudge from an activist investor who fueled the outrage. Jessica Mendoza hosts. Further Listening: Red Lobster's New CEO Plots Its Comeback The Epic Mess at TGI Fridays The Taco Tuesday Fight Is Over Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Trump administration’s “Make America Healthy Again” agenda has shaken big food companies already reeling from shifting consumer preferences. Cereal giant WK Kellogg, already struggling as Americans move away from cereal, is at the center of many MAHA attacks. WSJ’s Jesse Newman reports on Kellogg's journey from American icon to MAHA target. Allison Pohle hosts. Further Listening: The FDA Boss on the Agency’s MAHA Makeover Why Coke Isn’t Getting Rid of High-Fructose Corn Syrup Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The U.S. government is taking a 10% stake in Intel, a deal that caps a two-week frenzy for the troubled chip maker and marks the latest in a series of extraordinary private-sector interventions by President Trump. WSJ’s Robbie Whelan peels back the curtain on the unprecedented deal and shares details from the Oval Office meeting between Intel and the Trump administration. Jessica Mendoza hosts. Further Listening: - How Intel’s CEO Became a Political Liability- Is American Capitalism in Retreat?- The Nvidia CEO’s Quest to Sell Chips to ChinaSign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

After months of demands for lower interest rates, President Donald Trump is attempting to fire Federal Reserve governor Lisa Cook in the most dramatic step yet in his efforts to take control of the independent central bank. As WSJ’s Matt Grossman explains, the move could allow Trump to alter the makeup of the board enough to potentially outvote Fed Chair Jerome Powell and recast the Fed in his image. Jessica Mendoza hosts.Further Listening: - Who Will Be the Next Fed Chair? Maybe Kevin- Why Trump Pushed His Tariff DeadlineSign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Over a decade ago, home gardening giant Scotts Miracle-Gro made a bold push for growth in a nascent and controversial industry: cannabis. What was once the company’s lucrative bet is now a struggling business. WSJ’s Dean Seal explains how Scotts Miracle-Gro ventured into marijuana and why their early bet has shriveled up. Oyin Adedoyin hosts. Further Listening: How the 'Napa Valley of Cannabis' Dried Up The Highs and Lows of Diversifying the Cannabis Industry The Drug You’ve Never Heard of Wreaking Havoc Across Europe Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

When a pro-growth mayor in rural Tennessee dies unexpectedly, his vision for development is suddenly challenged. What began as a land dispute quickly escalates into a clash of values, dividing the deep-red county over the very definition of 'conservative.' WSJ's Cameron McWhirter reports on a fight between tradition and transformation, featuring two farmers on opposing sides. Jessica Mendoza hosts. Further Listening:- A Fight over Buc-ee’s and the Soul of the American WestSign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump recently signed an executive order that could make it easier for everyday Americans to invest their retirement savings in assets that lie outside public markets, such as private equity, cryptocurrency and private real estate. WSJ’s Anne Targesen explains how 401ks have evolved, and the risks and rewards of adding these alternative assets to people’s retirement accounts. Oyin Adedoyin hosts. Further Listening:- The Wall Street Craze Jamie Dimon Can’t Resist. Even If It Blows Up.- Private Equity Finally Can Get a Piece of the NFLSign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

When New Rochelle, NY was faced with a declining population and economy, it set out on a building spree. A decade into the effort, the city – which sits just north of New York City – actually managed to keep rents down, bucking a nationwide trend. WSJ’s Rebecca Picciotto shares how New Rochelle navigated red tape and some community opposition to build thousands of new housing units. Jessica Mendoza hosts. Further Listening:- Is NYC’s Mayoral Race All About Rent? - The Rise of the YimbysSign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Trump administration has made big moves to intervene in critical industries – from computer chips to rare earth minerals to steel. WSJ’s chief economics commentator, Grep Ip, says that these efforts could suggest the U.S. might be moving away from free market capitalism and towards what he calls state capitalism, American-style. Now, Greg is wondering if the U.S. economic system is starting to look more like China’s, and if President Trump is imitating the Chinese Communist Party by extending political control ever deeper into the economy. Jessica Mendoza hosts.Further Listening: - The Nvidia CEO’s Quest to Sell Chips in China- How Intel’s CEO Became a Political LiabilitySign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

After months of quiet behind the scenes’ lobbying in both Washington and Beijing, Nvidia CEO Jensen Huang has secured a deal to protect tens of billions of dollars in future sales from the heated U.S.-China trade rivalry. WSJ’s Lingling Wei profiles the CEO’s transformation from co-founder to corporate lobbyist. Jessica Mendoza hosts. Further Listening:- How Intel’s CEO Became a Political Liability- The U.S. Wants American-Made Chips. Can Intel Deliver? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A couple in Los Angeles say they wanted a big family. Surrogates who carried their children say they were deceived. WSJ’s Katherine Long explains why an investigation into a family who say they have 22 children is raising alarm among the commercial surrogacy industry, a fast-growing and multibillion-dollar market. Jessica Mendoza hosts. Further Listening: - America's Maternal Mental Health Crisis - How Employer-Funded Child Care Can Work Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Derek Mobley spent years applying for jobs online after he got laid off. After more than 100 rejections, he started to wonder whether Workday – the popular online recruiting platform – was to blame. Now, Mobley is suing Workday, alleging that the company’s hiring algorithm discriminated against him. Derek shares his experience, and WSJ’s Lauren Weber explains how his lawsuit got this far. Annie Minoff hosts. Further Listening: AI Is Coming for Entry-Level Jobs What's the Worst AI Can Do? This Team Is Finding Out. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump has called for the resignation of Intel’s CEO, Lip-Bu Tan. Tan played a key role in building up China’s chip industry, earning him the nickname “Mr. Chip.” Now his ties to China have opened him up to criticism, just as he’s struggling to turn Intel’s business around. WSJ’s Stu Woo explains how Tan attracted the President’s attention, and what it says about the ongoing U.S.-China tech rivalry. Annie Minoff hosts.Further Listening: - The Chip Business Is Booming. Why Isn't Intel?- Why Washington Went to Wall Street to Revive the Chips Industry - The U.S. Wants American-Made Chips. Can Intel Deliver?Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Europe has mostly been spared from the synthetic opioid crisis that has ravaged the U.S. over the past two decades. But now, a deadly new drug could be changing that: nitazenes. Up to 15 times stronger than fentanyl, nitazenes have been behind hundreds of overdose deaths in European countries over the past few years. WSJ's Sune Rasmussen on where the drug comes from and why it's doing so much damage. Jessica Mendoza hosts. Further Listening: Fentanyl Is Bad. ‘Tranq’ Might Be Worse. The Push to Test Drugs for Fentanyl Why Some Opioid Victims Are Challenging Purdue’s Settlement Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Silicon Valley company Palantir spent years treading water as a tech outsider in the S&P 500. The company's recent success, as WSJ’s Heather Somerville reports, is due in large part to CEO Alex Karp’s ability to find opportunities in crises, as well as to the Trump administration. Michelle Hackman hosts. Further Listening: - Inside ICE’s Aggressive Approach to Arresting Migrants- Why Trump Is Ready to Send Missiles to Ukraine - Iran May Be Running Out of Options Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s a new game selling out stadiums around the country: banana ball. The game’s founder, Jesse Cole, describes how he got started. And WSJ’s Jason Gay watched a game to see what Major League Baseball – and other pro sports – can learn from banana ball’s fan-first approach. Jessica Mendoza hosts. Further listening: - NCAA President on New Era for College Sports - How Parlays Became the Biggest Bet in Sports - The Biggest Trade in Sports Wasn’t an Athlete –– It Was a TV Show Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

An ugly-cute monster has become a global sensation. PopMart, the company behind Labubus, has leveraged blind-box packaging, scarcity and artist collaborations to turn these collectible plushies into a booming business. WSJ's Kaitlyn Wang explains the rise of the Labubu and a "Labubu influencer" describes the appeal. Michelle Hackman hosts. Further Listening: - How the Stanley Cup Became the Internet’s Favorite Water Bottle - Mattel Bets Big on Barbie - Is Supreme Still the King of Streetwear? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Disney is grappling with how to push forward into a new AI era without losing control of its valuable intellectual property. WSJ’s Jessica Toonkel takes us inside the company's complicated relationship with AI and its race to figure out how to leverage the new technology for maximum gain – without putting too much at risk. Jessica Mendoza hosts. Further Listening: - The Download That Led to a Massive Hack at Disney - Disney Gets Into Gambling - Why Florida is Fighting with Walt Disney World Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices