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Plus: Medline debuted with the largest IPO in four years. And Warner Bros. Discovery slides after it rejects Paramount’s hostile bid. Katherine Sullivan hosts.
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Plus: a star witness in FTX founder Sam Bankman-Fried’s criminal trial leaves prison early. And the Oscars are going to YouTube. Danny Lewis hosts.
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Plus: Warner Bros. Discovery is urging shareholders to reject Paramount’s takeover bid. And the Justice Department has indicted telehealth startup Done Global. Anthony Bansie 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: Shares of Chinese AI chip startup MetaX skyrocket on their first day of trading. And California gives Tesla 90 days to change its Autopilot advertising. Julie Chang hosts.
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Plus: Medical-supplies distributor Medline raises $6.26 billion in the biggest initial public offering of the year. And, California regulators give Tesla 90 days to meet compliance after a judge says the company deceived customers by falsely implying its cars could drive on their own. Luke Vargas hosts.
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The suspected gunmen of an antisemitic terrorist attack in Australia are a father and son, reportedly inspired by ISIS. In the U.S., the unemployment rate ticked up to 4.6%, the highest it's been in four years. Meanwhile, in Texas, the state is moving to expand conservative student clubs in public high schools, with Governor Greg Abbott emphasizing his support for Turning Point USA. Also, in Southern California, forecasters are monitoring a strong storm that's expected to reach the coast on December 23rd and last through Christmas Day. And, new reporting is showing the impact of Brendan Carr's leadership at the Federal Communications Commission on San Francisco-based station KCBS and beyond. In business, the company behind Roomba files for bankruptcy, and an Amazon warehouse near LAX sells for a record price.
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The unemployment rate rose 4.6 percent in November. Plus: Humana shares fall after announcing the retirement of its insurance head. 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: The data-center boom is helping prop up the labor market. But AI bonds stay under pressure. Julie Chang hosts.
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