Plus: Larry Ellison provides personal guarantee for Paramount’s bid for Warner Bros. Discovery as Netflix lines up bank financing for its own offer. And Baidu partners with Uber and Lyft for robotaxis in the U.K. Julie Chang hosts.
Plus: One of Elon Musk’s old enemies joins the race to run General Motors. And the third “Avatar” movie opens to about $345 million worldwide, well below the second film’s $435 million. Daniel Bach hosts.
The suspect in the recent Brown and MIT shootings was found dead on Thursday night. Meanwhile, for millions of Americans who buy health insurance through the Affordable Care Act, the clock is ticking; open enrollment for 2026 coverage is still open, but many shoppers are feeling sticker shock. Also, the Kennedy Center board votes to include President Trump’s name in the organization’s title. And, Ford's exhibit, "American Icon: A Mustang Immersive Experience," is now in L.A. Could it boost sales among Gen Z consumers? In business, the Port of Los Angeles is closing a busy 2025, but officials expect trade to fall off next year, and Elon Musk's SpaceX eyes a possible record initial public offering.
Fielding questions at his marathon end-of-year press conference, President Vladimir Putin claimed that Russian troops were still advancing in Ukraine, seizing the “strategic initiative”
Plus: Nike stock falls after predicting declining sales. And BioMarin Pharmaceutical shares rise after announcing a new acquisition deal. Katherine Sullivan hosts.
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.
Plus: BioMarin Pharmaceutical to acquire biotech Amicus Therapeutics for about $4.8 billion. And high-speed trading firm Jump Trading is accused of contributing to the collapse of Terraform Labs. Julie Chang hosts.
Plus: BioMarin Pharmaceutical to acquire Amicus Therapeutics for $4.8 billion. And the U.S. Navy announces a new warship for President Trump’s “Golden Fleet.” Danny Lewis hosts.
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.