P.M. Edition for Dec. 17. Some frustrated Republicans have bucked leadership and sided with House Democrats to force a vote on extending expiring healthcare subsidies. WSJ Congressional reporter Siobhan Hughes explains how next year’s midterms are factoring into that decision. Plus, the Oscars are going digital and heading to a new home: YouTube. And WSJ entertainment reporter Joe Flint tells us what options Paramount has left in its pursuit of Warner after the media company rejects its hostile bid. Julie Chang hosts. Sign up for the WSJ's free What's News newsletter.
The head of the World Health Organisation has called for the immediate and unconditional release of health workers who are believed to be detained in south- western Sudan. The Sudanese Doctors Network fears about 19,000 people could be held by Sudan’s paramilitary Rapid Support Forces (RSF) in Nyala, South Darfur. We hear from a journalist there about the situation.
Also in the programme: The Secret trial of a Chinese General who defied orders to crush the pro-democracy protests in Tiananmen Square; and Hollywood star Timothée Chalamet on his latest film.
(Photograph: Darfuri children in Tine refugee camp. Credit: Reuters)
The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.
The Trump administration is facing growing pushback after the U.S. Department of Education excluded nursing from its internal list of “professional degree” programs—an administrative definition that determines how much federal student loan funding graduate students can access under a new loan-cap framework.array(3) {
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In less than a month, more than 20 million Americans will face surging healthcare costs as tax credits through the Affordable Care Act are set to expire if Congress doesn't act. Premium hikes will top 90% in many rural areas. Even those NOT receiving tax credits will feel it. Americans covered by employer healthcare plans, are expected to see the largest increase in premiums 15 years.array(3) {
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Plus: Medline debuted with the largest IPO in four years. And Warner Bros. Discovery slides after it rejects Paramount’s hostile bid. Katherine Sullivan hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Electric vehicles were supposed to disrupt the auto industry, but sales are down, subsidies are going away, and Ford is pivoting away from EVs and taking $19.5 billion in charges to shift to hybrids. What strategy is the right one long-term?
Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
- Ford’s $19.5 billion EV writedown
- Does Detriot have the right strategy?
- What’s next for Rivian and Tesla
Companies discussed: Ford (F), Rivian (RIVN), Tesla (TSLA), General Motors (GM), Lucid (LCID).
Host: Travis Hoium
Guests: Lou Whiteman, Rachel Warren
Engineer: Dan Boyd
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Myanmar, also known as Burma, will hold a phased general election starting later this month. It comes amidst a years long civil war that has killed thousands and displaced millions. And it is being called by a military government that seized power in a coup four years ago. We learn about the lengths the leadership is going to in order to convince the world to accept the election’s results.
Cloud seeding is a decades-old rain-making technology, and it’s making a comeback in drought-stricken western states. Utah is partnering with a startup called Rainmaker as they try to stabilize the Great Salt Lake, assisted by drones and AI. But those efforts are colliding with weather conspiracy theories that have only gotten more persistent after some blamed Rainmaker for deadly floods in Texas last year. Jessica Mendoza spoke to the company’s CEO Agustus Doricko about their projects, and WSJ’s Kris Maher explains the growing movement for states to ban weather modification despite scientific consensus.
