Plus: Verizon’s profit and revenue rise in the third quarter, but postpaid phone losses continue. And Paramount will cut roughly 2,000 workers across the company. Zoe Kuhlkin hosts.
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Plus: Verizon’s profit and revenue rise in the third quarter, but postpaid phone losses continue. And Paramount will cut roughly 2,000 workers across the company. Zoe Kuhlkin hosts.
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Plus: Amazon Web Services plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country. And, Hurricane Melissa makes landfall in Cuba, a day after hitting Jamaica. Caitlin McCabe hosts.
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A.M. Edition for Oct. 29. It has been a tough month for the white-collar workforce, as companies including Amazon, United Parcel Service and Target all announced layoffs. WSJ’s Chip Cutter explains how a new normal is emerging for a leaner workforce, driven in part by artificial intelligence. Plus, the Federal Reserve will announce its latest policy decision today. WSJ’s Nick Timiraos explains what central bankers are weighing amid a government shutdown that is leaving a gap in the official data. And, with over three thousand billionaires on the planet, Americans are dominating their collective wealth. Caitlin McCabe hosts.
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P.M. Edition for Oct. 28. In an exclusive, we’re reporting on a trade framework that President Trump and Chinese leader Xi Jinping are set to discuss later this week that could see the U.S. rolling back some tariffs on China. WSJ trade and economic policy reporter Gavin Bade discusses what we know about the framework, and what that means for the U.S.-China relationship. Plus, UPS says it has cut 48,000 jobs in management and operations, pushing its stock price to close up 8%. And OpenAI has transitioned into a more traditional structure. We hear from WSJ reporter Keach Hagey about what that means for the company and its longtime partner Microsoft. Alex Ossola hosts.
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Correction: OpenAI’s nonprofit parent owns a stake in its for-profit subsidiary, which has become a public-benefit corporation. An earlier version of this podcast incorrectly said OpenAI had become a for-profit company. (Corrected Oct. 28)
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Plus: UPS and Amazon stocks rise after announcing steep job cuts. Katherine Sullivan 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: Nvidia unveils a new product that merges AI supercomputing with quantum. And the AI giant partners with Eli Lilly to build a supercomputer that could boost drug discovery. Julie Chang hosts.
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Bonus Episode for Oct. 28. Earlier this year, economic uncertainty weighed on airlines, as Americans were rethinking their travel plans. With the busy holiday travel period approaching, executives at carriers such as Delta Air Lines, United Airlines and American Airlines say demand is improving. WSJ reporter Dean Seal discusses how these carriers’ money-making strategies are beginning to pay off.
WSJ travel reporter Jacob Passy hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
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Further Reading:
Delta Predicts Premium Seat Sales to Overtake Economy as Soon as 2026
United Airlines Expects Stronger Revenue Trends in Holiday Season
Southwest’s Revenue Is Growing. Stronger Travel Demand and Bag Fees Are Helping.
American Airlines Lifts Profit Target for 2025
Alaska Airlines Works to Restore Operations After Tech Outage Grounds Flights
GE Aerospace Boosts Guidance as Air-Travel Demand Stabilizes
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Plus: OpenAI converts to a public-benefit corporation and gives Microsoft a 27% stake. And President Trump orders three new lethal strikes on four alleged drug boats in the Eastern Pacific. Zoe Kuhlkin 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: AI inference startup Fireworks AI is valued at $4 billion in its latest funding round. And Peter Thiel-backed startup Substrate raises more than $100 million to manufacture chips in the U.S. Zoe Kuhlkin hosts.
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Plus: A Republican-led panel recommends that the Justice Department investigate all of former President Joe Biden’s executive actions. And, Chinese auto giant BYD logs a nearly fivefold surge in sales in Europe. Caitlin McCabe hosts.
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