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.
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.
Plus: U.S. imports hit a record high last year. And Nissan will recall more than 300,000 Rogue SUVs. Alex Ossola 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.
Plus: The oil and gold rally as the U.S. and Iran seemingly prepare for war. And Airbus says an engine shortage is forcing it to scale back production. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.
Just northwest of Lake Tahoe, eight of the nine skiers that were still trapped under an avalanche were found dead on Wednesday afternoon. The search for the remaining person has turned into a recovery mission more than 24 hours after the collapse buried 15 backcountry skiers under the deadliest avalanche in modern California history. Meanwhile, public comments sent out by an AI-powered advocacy company might’ve led, in part, to a Southern California plan being scrapped that would’ve placed fees on new gas furnaces and water heaters in an effort to cut back on smog-forming pollution. And, it’s a day of celebration for Mikaela Shiffrin, who took gold in slalom. Shiffrin’s the most decorated skier in Olympic history, but failed to medal at the 2022 Olympics in Beijing. Mikaela Shiffrin is so back. In business, fire survivors in Altadena say connecting to Southern California Edison’s new underground power lines could cost $20,000 to $40,000 per home, and Rivian's shares jumped up after reporting a profitable year despite a broader slowdown in the EV industry. Read more at LATimes.com.
Plus: Nvidia shares rise after announcing a deal with Meta. And Moderna stock jumps as FDA does a U-turn on its new flu vaccine. Katherine Sullivan hosts.
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.
Plus: FCC overhauls $3 billion Lifeline phone and internet subsidy program to curb improper payments. And Moody's rebuts concerns about AI disruption. Julie Chang hosts.
Plus: U.S. industrial production rose in January. What Berkshire Hathaway bought and sold during Warren Buffett’s last quarter as CEO. And Mikaela Shiffrin wins the gold in the women’s slalom. Alex Ossola hosts.
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.