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    Business

    The Journal. – The Wall Street Journal & Spotify Studios

    The most important stories about money, business and power. Hosted by Ryan Knutson and Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.

    Get show merch here: https://wsjshop.com/collections/clothing

    Advertise

    Copyright: Copyright © Dow Jones & Company, Inc. All rights reserved.

    • Apple Podcasts
    • Google Play
    • Spotify

    Latest Episodes:
    The Computer Glitch That Caused Nearly 1,000 Convictions Jan 23, 2024
    Show notes

    Between 1999 and 2015, some 983 people were convicted for stealing from post offices in the U.K. Some people ended up in jail. At least four died by suicide. Turns out, it was a computer glitch. WSJ’s Max Colchester explains how one TV series helped bring their stories to light— and to justice.


    Further Reading:

    - Nearly a Thousand People Were Convicted of Stealing Over Decades. It Was a Computer Glitch.


    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Smuggling Migrants Toward the U.S. Is a Booming Business Jan 22, 2024
    Show notes

    Hundreds of thousands of migrants try to get from South America to the United States each year. But first, they have to get past the treacherous Darien Gap, a 70-mile stretch of dense jungle. WSJ’s Juan Forero explains the booming business that has cropped up to help smuggle migrants through — or around — it.


    Further Reading:

    - Smuggling Migrants Toward the U.S. Is a Booming Business

    - To Avoid the Jungles of Central America, Migrants Are Taking a Treacherous Sea Route

    - Masses of Migrants Overwhelm Panama’s Darién Gap


    Further Listening:

    - Texas Took On Border Security. Is It Working?


    Learn more about your ad choices. Visit megaphone.fm/adchoices


    How the Stanley Cup Became the Internet's Favorite Water Bottle Jan 19, 2024
    Show notes

    The Stanley Quencher, an insulated water bottle, is everywhere these days. And the popularity has been good for the company. Stanley generated $750 million in revenue last year. WSJ's Callum Borchers explains how a brand traditionally loved by outdoorsmen has become the new favorite of moms and teen girls.


    Further Reading:

    The New Office Status Symbol Holds a Lot of Water—and Has a Wait List


    Learn more about your ad choices. Visit megaphone.fm/adchoices


    What Happens to Privacy in the Age of AI? Jan 18, 2024
    Show notes

    The AI industry is controlled by only a few powerful companies. Is that concentration of power dangerous? WSJ's Sam Schechner interviews Meredith Whittaker, president of encrypted messaging app Signal, at a live event at the World Economic Forum in Davos, Switzerland.


    Further Reading and Watching:

    -The Importance of Privacy in the Age of AI

    -Altman and Nadella Talk AI at Davos


    Further Listening:

    -Artificial: The Open AI Story

    -Why an AI Pioneer Is Worried

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Food Fight: PepsiCo vs. Carrefour Jan 17, 2024
    Show notes

    Carrefour, one of the world’s biggest grocery chains, said it’s dropping PepsiCo products from roughly 10,000 stores across five European countries. Carrefour says it’s taking a stand against high prices. But as WSJ’s Jennifer Maloney explains, PepsiCo has a different take on the story.


    Further Reading:

    - Supermarket Giant Drops Pepsi and Lay’s Over Price Increases

    - PepsiCo, Grocery Giant Bicker Over Who Dumped Whom


    Further Listening:

    - Are Rotisserie Chickens ‘Inflation-Proof’?


    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Bitcoin's Long Journey to the Stock Market Jan 16, 2024
    Show notes

    The Securities and Exchange Commission has approved the creation of Bitcoin ETFs, exchange-traded funds that buy the cryptocurrency, allowing retail investors to buy and sell Bitcoin as easily as stocks. WSJ’s Vicky Ge Huang breaks down the 10-year battle to bring Bitcoin to Wall Street investors.


    Further Reading:

    -SEC Approves Bitcoin ETFs for Everyday Investors


    Further Listening:

    -The Trial of Crypto’s Golden Boy

    -Fidelity's Controversial Bet on Bitcoin

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Artificial: Episode 4, Behind Sam Altman’s Firing Jan 14, 2024
    Show notes

    When the OpenAI board ousted CEO Sam Altman last November, very few people knew exactly what was behind it. In the final episode of our series, we reveal what led to Altman’s firing and explain why he was able to get his job back just days later. Plus, an exclusive interview with one of the people who fired him.


    Further Reading:

    - Sam Altman’s Knack for Dodging Bullets—With a Little Help From Bigshot Friends

    - Behind the Scenes of Sam Altman’s Showdown at OpenAI


    Further Listening:

    - Artificial: Episode 1, The Dream

    - Artificial: Episode 2, Selling Out

    - Artificial: Episode 3, Chat GPT

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    The 2024 College Financial Aid Mess Jan 12, 2024
    Show notes

    A student's financial aid package is one of the most important factors in students’ college decisions. WSJ’s Oyin Adedoyin tells us that this year, the revamped Free Application for Federal Student Aid, or Fafsa, is causing grief for some families.


    Further Reading:

    -A Financial-Aid Form Is Upending College Decisions

    -Families May Have to Make College Decisions Before Knowing Full Cost

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Will Florida’s Plan to Get Cheap Drugs From Canada Work? Jan 11, 2024
    Show notes

    Florida recently became the first state to win approval from the Food and Drug Administration to import prescription drugs from Canada. As WSJ’s Liz Essley Whyte explains, i t's a milestone in efforts to reduce the cost of medications, but the plan faces opposition from pharmaceutical groups and Canadian officials.


    Further Reading:

    -Florida Is First State Allowed to Import Drugs From Canada in Bid to Reduce Costs

    -Expensive Drugs Targeted for First U.S. Price Negotiations


    Further Listening:

    -Philip Morris Tried to Pivot to Pharmaceuticals. It Didn’t Go Well.

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    ‘We Were Attacked’: Militants Upend Global Shipping Jan 10, 2024
    Show notes

    Houthi rebels have been attacking ships in the Red Sea for months. Now the U.S. and its allies have given the Yemeni militant group a final warning to stop the attacks. WSJ's Nancy A. Youssef explains what's motivating the Houthis and what the attacks mean for a region already on edge.


    Further Reading:

    -U.S., U.K. Warships Shoot Down Houthi Barrage in Red Sea

    -Importers Face Surging Shipping Costs, Delays as Red Sea Diversions Pile Up

    -U.S., Allies Give Houthis Ultimatum: Stop Ship Attacks or Face Consequences

    Learn more about your ad choices. Visit megaphone.fm/adchoices


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