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The S&P 500 also hit a new record. Plus: Shares in insurance giant AIG fall after announcing a new CEO. 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: Meta delays roll out of smartglasses to countries outside the U.S. amid high American demand. And a Bill Gates-backed nuclear fusion company has teamed up with Nvidia and Siemens. Julie Chang hosts.
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Plus: Ford reports higher fourth-quarter sales. And a Pentagon deal leads Lockheed Martin to more than triple its PAC-3 missile production. Alex Ossola 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: Dell Technologies plans to expand its personal computer portfolio to include a wider range of price points. And Uber, Lucid and Nuro begin on-road testing for their planned robotaxi service. Julie Chang hosts.
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Plus: More than eight million workers get a pay bump, as states hike their minimum wage. And the Trump administration pauses social-service funds in more Democratic states. Luke Vargas hosts.
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Venezuelan President Nicolás Maduro pleaded not guilty to narco-terrorism charges in a New York courtroom Monday, marking his first appearance since U.S. forces seized him and his wife from their bedroom in Caracas late Friday night. Meanwhile, Defense Secretary Pete Hegseth announced Monday that he is issuing a letter of censure to Democratic Sen. Mark Kelly for participating in a video urging U.S. soldiers to uphold the Constitution. And in other Washington news, Minnesota Gov. Tim Walz said Monday he will not run for a third term. In California, record-setting rain continues, though sunny skies are expected by the weekend. In business, California is weighing a one-time 5% tax on billionaires and their trusts, and Tesla has been overtaken as the world’s top electric vehicle seller by China’s BYD. Read more at LATimes.com.
According to Sam Altman, OpenAI’s biggest rival isn’t Google, it’s Apple. WSJ reporter Rolfe Winkler says the AI startup has big ambitions to displace the App Store by growing into an operating system powerful enough to let you access the apps you use every day, from Uber to Instacart, without ever leaving ChatGPT. Plus, WSJ personal tech columnist Nicole Nguyen breaks down how AI might help you (finally) stick with your fitness resolutions. Patrick Coffee hosts.
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Oil and defense stocks also rallied on the news. Plus: Bed Bath & Beyond shares rose after the company announced a new chief executive. 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: China’s electric-vehicle market may see demand cool further this year. And AT&T plans to move its global headquarters from downtown Dallas to a nearby suburb. Julie Chang hosts.
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