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President Trump hopes to build factories around the country to power the manufacturing of AI components. Eliot Brown reports that SoftBank’s Masayoshi Son is closing in on a deal that would help make that happen. Plus, Marc Vartabedian reports on why venture capitalists aren’t taking AI startups at their word when it comes to revenue. Patrick Coffee hosts.
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Plus: Dollar General shares surged after the discount retailer lifted its full-year outlook. And Snowflake stock tumbled following slower quarterly revenue growth. Danny Lewis hosts.
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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.
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P.M. Edition for Dec. 4. The Trump administration cut the validity of work permits for some migrants to 18 months rather than five years, saying more vetting of immigrants is needed. Plus, the fight over Warner Bros. Discovery gets messy as Paramount says rival Netflix’s bid has problems. And WSJ’s Peter Grant explains how New York City became the epicenter of office-to-residential conversions. To see examples of the changes developers are making to buildings, read his story. Sabrina Siddiqui hosts.
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Plus: Paramount raises concerns about Netflix’s bid for Warner Bros. Discovery. And Snowflake stock drops. Julie Chang hosts.
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Plus: The European Commission has opened an antitrust probe into Meta Platforms over WhatsApp’s AI policy. And the FBI has arrested a Virginia man in connection with Jan. 6, 2021, pipe bombs placed in Washington, D.C. Pierre Bienaimé hosts.
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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.
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Plus: The European Union plans to launch a formal bidding process for AI gigafactories early next year. And Democratic lawmakers press tech companies about White House ballroom donations. Julie Chang hosts.
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Plus: A group of former FDA commissioners has criticized the agency’s new vaccine standards, citing risks to public health. And UBS says the world has more billionaires than ever. Daniel Bach hosts.
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A.M. Edition for Dec. 4. A controversial U.S. boat strike takes a new turn, as an Admiral plans to tell lawmakers that two survivors were trying to continue their drug-run. WSJ correspondent Shelby Holliday explains why videos of the strike have sparked allegations of war crimes. Plus WSJ’s Tom Fairless and Max Colchester detail how the promise of Europe’s green energy transition has proved costly for consumers and damaging for the economy. And the billionaire class is booming – with a new study showing the world has more mega-rich than ever before. Caitlin McCabe hosts.
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Plus: Microsoft shares fall after a media report suggested the tech giant had cut growth targets for artificial-intelligence software sales. And stock in Dollar Tree rose after the retailer reported stronger-than-expected adjusted earnings. Danny Lewis hosts.
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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.
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P.M. Edition for Dec. 3. President Trump is closing in on his pick to succeed Jerome Powell as the Federal Reserve chair. WSJ’s chief economics correspondent Nick Timiraos explains why longtime Trump adviser Kevin Hassett is winning the race. A Pentagon review found that Defense Secretary Pete Hegseth violated departmental regulations with Signalgate—but the findings suggest Hegseth didn’t break the law. And WSJ’s national security reporter Lara Seligman reports on why the Pentagon is deploying new drones copied from Iran’s Shahed drones to the Middle East. Sabrina Siddiqui hosts.
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