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The Dow closes above 47000 for the first time. Plus: IBM earnings exceed expectations, pushing its stock higher. And Ford shares jump on strong sales report. 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: Alaska Airlines cancels hundreds of flights after a technology outage. And Santee Cooper is in talks to sell inactive nuclear reactors to Brookfield Asset Management to power AI data centers. Zoe Kuhlkin hosts.
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California’s early voter turnout is exceeding expectations ahead of November’s special election, with more than 3.4 million mail-in ballots already returned — a potential boost for Proposition 50, the redistricting measure backed by Democrats. In national news, NBA coach Chauncey Billups and player Terry Rozier face federal charges in a sweeping sports gambling probe. L.A.’s firefighters union president accuses Mayor Karen Bass of retaliation after criticizing city funding. Orange County says goodbye to the 50-year-old Westminster Mall as redevelopment plans move forward. In business, Waymo faces a federal investigation after one of its self-driving taxis failed to stop for a school bus in Atlanta.
Plus: General Motors cuts more than 200 salaried jobs in Detroit. And the European Union charges Meta over their handling of illegal content. 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: Anthropic expands Google Cloud partnership to access 1 million chips. And U.K. car manufacturing falls in wake of Jaguar Land Rover cyberattack. Zoe Kuhlkin hosts.
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Plus: The White House announces that the hotly anticipated meeting between President Trump and Chinese leader Xi Jinping will go ahead next week. And, the U.S. flies Air Force B-1 bombers near Venezuela ramping up the pressure on President Nicolas Maduro. Kate Bullivant hosts.
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Sam Altman, the CEO of OpenAI, has been on a dealmaking blitz with some of the world’s largest, most important AI players such as Nvidia and SoftBank. But there are risks to his high-stakes tactics, as WSJ reporter Berber Jin explains. Plus, WSJ Heard on the Street columnist Jinjoo Lee discusses how retailers might be threatened by ChatGPT’s new direct-purchasing feature. Belle Lin hosts.
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Plus: New sanctions on Russian oil companies send energy prices higher. And Blackstone reports lighter-than-expected revenue. 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.
Learn more about your ad choices. Visit megaphone.fm/adchoices