Plus: Shares of Chinese AI chip startup MetaX skyrocket on their first day of trading. And California gives Tesla 90 days to change its Autopilot advertising. Julie Chang hosts.
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WSJ Minute Briefing - Trump Orders Blockade of Sanctioned Oil Tankers In and Out of Venezuela
Plus: Medical-supplies distributor Medline raises $6.26 billion in the biggest initial public offering of the year. And, California regulators give Tesla 90 days to meet compliance after a judge says the company deceived customers by falsely implying its cars could drive on their own. Luke Vargas hosts.
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Headlines From The Times - Bondi Beach Terror Attack Linked to ISIS, U.S. Unemployment Hits Four-Year High, TX Pushes Turning Point USA Into High Schools, Holiday Storm Threatens CA Travel, FCC Pressure Chills Bay Area Radio, Roomba Maker Files for Bankruptcy, and More
The suspected gunmen of an antisemitic terrorist attack in Australia are a father and son, reportedly inspired by ISIS. In the U.S., the unemployment rate ticked up to 4.6%, the highest it's been in four years. Meanwhile, in Texas, the state is moving to expand conservative student clubs in public high schools, with Governor Greg Abbott emphasizing his support for Turning Point USA. Also, in Southern California, forecasters are monitoring a strong storm that's expected to reach the coast on December 23rd and last through Christmas Day. And, new reporting is showing the impact of Brendan Carr's leadership at the Federal Communications Commission on San Francisco-based station KCBS and beyond. In business, the company behind Roomba files for bankruptcy, and an Amazon warehouse near LAX sells for a record price.
The World in Brief from The Economist - Unemployment rises in America; Trump expands travel ban, and more
America’s economy added 64,000 jobs in November, while the unemployment rate rose to 4.6%, the highest in over four years, up from 4.4% in September.
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WSJ Minute Briefing - Stocks Mixed After Tepid Jobs Report
The unemployment rate rose 4.6 percent in November. Plus: Humana shares fall after announcing the retirement of its insurance head. 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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WSJ Tech News Briefing - TNB Tech Minute: U.S. Threatens New Trade Actions Against EU Over Tech Fines
Plus: The data-center boom is helping prop up the labor market. But AI bonds stay under pressure. Julie Chang hosts.
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WSJ Minute Briefing - U.S. Unemployment Rate Rises in November Despite Job Gains
Plus: The Census Bureau says retail sales were flat in October. And Kraft Heinz picks a new CEO. Anthony Bansie hosts.
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WSJ Tech News Briefing - TNB Tech Minute: Databricks Raising Funds at $134 Billion Valuation
Plus: Invictus Growth Partners to acquire Informed.IQ, an AI-based fraud detection company. And PayPal applies to establish its own bank. Julie Chang hosts.
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WSJ Minute Briefing - Delayed U.S. Jobs Data Due
Plus: President Trump sues the BBC over an edit of his speech to supporters ahead of the Capitol riot. And, PayPal wants to open a bank. Luke Vargas hosts.
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Headlines From The Times - Rob Reiner and Michele Singer Reiner Deaths, New Year’s Eve Terror Plot Stopped in L.A., Teacher Visa Fees Deepen Shortage, Palisades Hanukkah After Fires, Rams Clinch Playoffs, Fire Survivors Denied Mortgage Relief, AI Floods the Podcast Industry
Hollywood is mourning the death of Rob Reiner and his wife Michele Singer Reiner; their son, Nick Reiner, was arrested soon after on suspicion of homicide. Meanwhile, federal authorities say they stopped a New Year's Eve terror attack, targeting Los Angeles area businesses, arresting four people involved in the plot. In California, a growing teacher shortage is being made worse by a new Trump administration policy requiring employers to pay a one-time sponsorship fee for new H-1B work visas for international workers. And on the first night of Hanukkah, the Pacific Palisades community stood together for their 38th menorah lighting. In sports, the Los Angeles Rams rallied to beat the Detroit Lions and clinch a playoff berth. In business, homeowners who lost their houses in January’s LA wildfires say banks are denying or limiting mortgage forbearance, despite a state law promising up to a year of relief, and the podcast industry is being reshaped by a surge of AI-generated shows.