American Industry, Tech Titans, & a Gloomy Day for Yellow 8/07/23

A week into Twitter’s rebranding as X, Semafor business and finance editor Liz Hoffman discusses Elon Musk’s vision for the company, including his hopes of a superapp with financial integrations. President Biden is heading on a trip through the western United States to highlight clean energy manufacturing jobs and the Inflation Reduction Act. President and CEO of the National Association of Manufacturers discusses the efforts to keep the U.S. competitive and the industry criticism of manufacturing regulations under the Biden administration. Elon Musk and Mark Zuckerberg are sparring virtually, planning a physical showdown of the tech giants this summer and drumming up traffic on each leader’s respective platform. 

Plus, trucking firm Yellow has filed for bankruptcy, potentially leaving US taxpayers with losses. 

 

In this episode:

Liz Hoffman, @lizrhoffman

Andrew Ross Sorkin, @andrewrsorkin

Michael Santoli, @michaelsantoli

Kelly Evans, @KellyCNBC

Katie Kramer, @Kramer_Katie