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President Trump announced a 10 percent tariff after the Supreme Court threw out his previous trade measures. Plus: Live Nation shares rose on the strength of ticket sales. 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: Google is looking to expand the market for its AI chips to better compete with Nvidia. And India joins Pax Silica, a group of nations aiming to counter China’s influence in new technology and AI. Julie Chang hosts.
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Plus: U.S. economic growth slowed in the fourth quarter, weighed down by the government shutdown. And the Fed's preferred gauge of inflation accelerated in December. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. 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: Apple’s foray into smartglasses could be a boon, not a threat, for EssilorLuxottica. And theft of trade secrets is on the rise. Julie Chang hosts.
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Plus: The White House wants to ban investors with more than 100 single-family homes from purchasing additional homes. And S&P 500 companies are back to appointing fewer women and minority board directors. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.
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President Trump's Board of Peace met for the first time to discuss goals for redevelopment in Gaza, where more than 70,000 Palestinians have died over two years of war. And, more news is coming out about a High Sierra tragedy—the avalanche that left eight skiers dead and one still missing; of the 15 skiers who set out with Blackbird Mountain Guides, six were rescued and two remain hospitalized, but are expected to recover. It's now the deadliest avalanche in modern California history. Meanwhile, in Los Angeles, Senator Bernie Sanders is taking aim at billionaires, helping a campaign to tax California's wealthiest residents. The proposal would impose a one-time 5% tax on the total wealth of billionaires in the state. In business, L.A's westside is getting its first Ikea, and California regulators approved new rules that would ban blackjack in card rooms. Read more at https://LATimes.com.
Data centers are a booming business, and their rapid expansion is being felt across industries. On today’s show, we’re taking a look at two. In some regions of the country, big tech is buying up a lot of land to build data centers. Reporter Will Parker explains why some developers and homeowners aren’t happy. Plus, Heard on the Street columnist Jinjoo Lee tells us how every engine of the economy is getting recruited into the fight for AI dominance—and that includes ones made for jets. Patrick Coffee hosts. Sign up for the WSJ's free Technology newsletter.
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Investors showed caution after a jump in a trade deficit. Plus: Klarna shares plunge after reporting a quarterly loss. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. 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: Walmart’s investments in technology are paying off, according to its CEO. And India’s Reliance Industries will invest more than $110 billion in AI over the next seven years. Julie Chang hosts.
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