With just a week until California’s special election, Governor Gavin Newsom’s Proposition 50 campaign surges ahead, drawing over $114 million in donations as early voting accelerates statewide. The U.S. military carried out deadly strikes in the Pacific targeting alleged drug-smuggling boats again. Federal funding cuts threaten millions of Californians’ healthcare access as the government shutdown deepens. A San Bernardino deputy was killed during a high-speed chase on the 210 Freeway. President Trump strengthens trade and security ties during his visit to Japan. The Dodgers take a historic 18-inning World Series victory at home. In business, OpenAI’s Sora app faces backlash for hyperreal deepfakes and rising cocoa prices push Halloween shoppers toward gummy candy this year.
The World in Brief from The Economist - OpenAI announces restructuring; Hurricane Melissa hits Jamaica, and more
OpenAI reached a deal with Microsoft to overhaul its ownership structure.
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WSJ Minute Briefing - AI Deals Boost U.S. Stocks to New Records
Plus: UPS and Amazon stocks rise after announcing steep job cuts. Katherine Sullivan hosts.
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WSJ Tech News Briefing - TNB Tech Minute: OpenAI Is Now a For-Profit Company
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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WSJ Minute Briefing - UPS Cuts 48,000 Management and Operations Positions
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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WSJ Tech News Briefing - TNB Tech Minute: Amazon to Lay Off Up to 30,000 Employees
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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WSJ Minute Briefing - Amazon Plans Major Layoffs in Latest Cost-Cutting Move
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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Headlines From The Times - Hurricane Melissa Threatens Jamaica, SNAP Benefits Halted, U.S. Deploys Warship Near Venezuela, California License Clash, LAX Shutdown Delays, Newsom and Harris Eye 2028 Presidential Bid, El Segundo Surf Park, Rivian Layoffs
Hurricane Melissa intensifies into a Category 5 storm as Jamaica braces for catastrophic flooding and evacuations. The ongoing U.S. government shutdown halts SNAP benefits, leaving millions without food assistance. A U.S. missile destroyer arrives in the Caribbean amid escalating tensions with Venezuela. Washington threatens to pull funding from California over noncitizen commercial licenses, while LAX experiences major delays as unpaid air traffic controllers protest. Governor Gavin Newsom and former Vice President Kamala Harris both signal possible 2028 presidential runs. In business, El Segundo moves forward with plans for a $175 million surf park, and EV maker Rivian announces more than 600 layoffs amid slowing electric vehicle demand.
WSJ Tech News Briefing - What’s the Deal With Circular AI Deals?
“Circularity” is the latest buzzword in AI, as tech companies strike megadeals with each other. WSJ Heard on the Street columnist Jonathan Weil breaks down why these deals might be a win-win—and how they could go wrong. Plus, WSJ reporter Katherine Bindley explains what brought San Francisco out of the shadow of a doom loop. Belle Lin hosts.
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The World in Brief from The Economist - Argentine bonds surge; Russia’s Lukoil to sell international assets, and more
Argentina’s dollar-denominated bonds surged in value following the victory of Liberty Advances, the party led by the country’s president, Javier Milei, in midterm elections.
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