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Plus: We reveal the major players funding Meta’s new $27 billion data centre. And, how one sports better is entering the world of prediction markets. Caitlin McCabe hosts.
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A deputy U.S. marshal was wounded by a ricochet bullet fired by an ICE agent during a raid in South Los Angeles, triggering multiple federal investigations. A federal appeals court granted President Trump control of Oregon’s National Guard, overturning a lower court ruling. Governor Gavin Newsom warns millions could lose CalFresh benefits if the federal shutdown continues past Thursday. The planned Trump-Putin summit in Budapest was postponed amid tensions over Ukraine. In business, a major AWS outage disrupted global platforms and Starbucks faces new pressure from its unionized baristas, who are calling on the Olympics to drop the company as its official coffee partner.
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The Dow hits a new record. Plus: Gold had its worst day in over a decade. And General Motors posts surprisingly strong results. 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: Coinbase to acquire crypto-investing platform Echo for $375 million. And cooling-equipment maker XNRGY gets financial backing from Decarbonization Partners. Julie Chang hosts.
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Plus: General Motors shares surge after better-than-expected third quarter operating income and new guidance. And key Senate Republicans now oppose the confirmation of Trump’s pick for the Office of Special Counsel following reports of racist texts. 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: Chinese battery giant Contemporary Amperex Technology reports higher quarterly profit. And a former antitrust official predicts regulatory scrutiny of energy deals to power data centers. Zoe Kuhlkin hosts.
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Plus: The Treasury Department tells staff not to share photos of construction taking place on the new White House ballroom. And, the world’s largest EV battery maker posts solid earnings on the back of strong demand. Caitlin McCabe hosts.
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A California judge blocks federal layoffs during the government shutdown. Governor Newsom unveils a new plan to sell low-cost insulin statewide. Federal prosecutors charge two executives with misusing homelessness funds. California sues over the cancellation of the Solar for All program. Waymo expands its driverless cars to London in its first European rollout. And Spotify teams up with Netflix to bring video podcasts to streaming audiences starting in 2026.
One of the big winners of the artificial-intelligence boom, Oracle, is facing hard questions from investors and analysts about how it plans to pay for an expensive expansion of its AI infrastructure. WSJ Heard on the Street columnist Dan Gallagher joins us to discuss where Oracle is coming up short. Plus, WSJ reporter Robert McMillan explains how those ubiquitous toll-scam text messages work and why you should never click the link. Belle Lin hosts.
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