Category: 1-HeadlineNews

Plus: Apple struggles to meet iPhone demand. And LG Electronics reports its first net loss in a year. Julie Chang hosts.

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Plus: OpenAI plans a fourth-quarter IPO in the race to beat Anthropic to market. And investor concerns over future component costs overshadow Apple’s blowout iPhone sales. Luke Vargas hosts.

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Electronic junk gathering dust in a drawer could be the key to loosening China’s grip on rare earth metals. WSJ energy columnist Ed Ballard takes us through the latest chapter in technology recycling. Plus, Meta and Microsoft have both invested extraordinary amounts of capital in AI, but their stock market fortunes are diverging. WSJ Heard on the Street columnist Dan Gallagher explains why.

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Technology stocks tumbled over worries that vast AI spending, particularly on data centres, was not generating sufficient returns.

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Plus: NHTSA investigates Waymo after its robotaxi hit a child. And Apple posts blowout iPhone sales. Julie Chang hosts.

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Microsoft led tech shares’ declines. Plus: Southwest Airlines stock jumps after announcing it will begin seat assignments. 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: Chemicals company Dow is cutting 4,500 employees and will lean on artificial intelligence and automation. And federal prosecutors indict First Brands founder Patrick James on charges of defrauding lenders. Pierre Bienaimé hosts.

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Plus: Tesla plans to convert its Fremont factory to produce Optimus robots. And Dow to cut 4,500 employees in AI overhaul. Julie Chang hosts.

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Plus: Gold has hit another record - topping the $5,500 mark for the first time - as the rush to precious metals continues. And demand for chips sends Samsung earnings to new highs. Luke Vargas hosts.

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Forty years ago today, the Space Shuttle Challenger exploded 73 seconds after taking off at Cape Canaveral's Kennedy Space Center; New Hampshire Public Radio spoke to people who knew Christa McAuliffe, who was going to be the first teacher in space. Meanwhile, the Federal Reserve voted to keep interest rates unchanged on Wednesday, despite heavy pressure from the White House to lower borrowing costs. Also, new data shows median rent in LA dropped to about $2,100 in December, the lowest in four years. And for the first time since the pandemic, California's population has stalled. In business, California Covered enrollees may see higher premiums now that pandemic-era health insurance subsidies have expired, and Amazon says it will layoff 16,000 workers and shut down its brick-and-mortar stores. Read more at LATimes.com.