WSJ What’s News - The Wall Street Journal

Disney and Comcast Both Own Hulu—But Maybe Not for Long May 26, 2023

P.M. Edition for May 26. Disney and Comcast share ownership of the streaming service Hulu. But as Jessica Toonkel reports, that partnership may not last long. Plus, what problems at the startup Lordstown Motors reveal about the state of the EV market. And, a look at how markets are responding to the debt-ceiling debate. Dion Rabouin hosts.

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Inflation Is Falling. So Why Aren’t Food Prices? May 26, 2023

A.M. Edition for May 26. The global food crisis is worsening, as a double-digit surge in food costs across Europe hits household incomes. WSJ reporters Paul Hannon and Jaewon Kang explain why prices are soaring and what governments are doing to tackle the issue. Plus, the White House and Republicans draw closer to an agreement to raise the debt limit. And Tesla and Ford team up in an EV-charging deal. Luke Vargas hosts.

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Airport Runways Are Seeing More Close Calls May 25, 2023

P.M. Edition for May 25. Major U.S. airlines have gone 14 years without a fatal crash. But as Micah Maidenberg reports, a string of close calls on runways has regulators at the Federal Aviation Administration worried ahead of the summer travel season. Plus, we report exclusively that the Treasury Department is preparing to change how the U.S. processes federal agency payments if the debt ceiling is breached. Dion Rabouin hosts.

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Fitch Says America’s Credit Rating Is at Risk May 25, 2023

A.M. Edition for May 25. Ratings firm Fitch is considering whether the U.S. should retain its top credit rating as negotiators in Washington struggle to reach an agreement on the debt limit. WSJ markets editor Matthew Thomas unpacks that warning. Plus, Florida Gov. Ron DeSantis enters the 2024 presidential race with a bit of a glitch. And how Nvidia is capitalizing on AI-fueled demand for chips. Luke Vargas hosts.

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Surging Numbers of Migrant Children Try to Reach U.S. May 24, 2023

P.M. Edition for May 24. Debt ceiling negotiations continue, but there’s still no deal on the table. Plus, Kejal Vyas reports on the rising number of unaccompanied children arriving at the U.S. border. And why shares in American banks are trading like meme stocks. Dion Rabouin hosts.

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South Carolina Passes Six-Week Abortion Ban May 24, 2023

A.M. Edition for May 24. South Carolina has moved to ban most abortions after six weeks of pregnancy, imposing severe restrictions in one of the last bastions for legal abortion access in the southern U.S. Plus, baby-formula makers face an FTC collusion probe. And the Journal’s David Benoit on whether JPMorgan’s status as America’s biggest bank is an asset or a liability to the U.S. financial system. Luke Vargas hosts.

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Ron DeSantis to Launch 2024 Presidential Run in Twitter Talk With Elon Musk May 23, 2023

P.M. Edition for May 23. Twitter Chairman Elon Musk says Florida Gov. Ron DeSantis will be making “a major announcement” on the platform Wednesday night. Plus, activist shareholders are making demands of corporations at a record level. And Apple announces a multibillion-dollar deal with Broadcom to buy U.S.-made chips. Dion Rabouin hosts.

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Debt Default Fears Send Investors Hunting for Safety May 23, 2023

A.M. Edition for May 23. The risk of a U.S. debt default is sending investors searching for new safe havens, including in the bonds of America’s top-rated companies. Plus, Ukrainian-backed forces stage a cross-border incursion into Russia. And the Journal’s Stella Yifan Xie explains how rising youth unemployment in China is raising economic and political red flags in Beijing. Luke Vargas hosts.

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Biden and McCarthy Go One-on-One to Get a Debt Ceiling Deal May 22, 2023

P.M. Edition for May 22. President Biden and Speaker McCarthy are meeting face-to-face, aiming to broker a debt-ceiling deal. Plus, Western states agree to limit the use of water from the Colorado River. And Senator Tim Scott launches his presidential nomination campaign for the Republican party. Dion Rabouin hosts.

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Meta Hit With Record Fine Over EU-U.S. Data Transfers May 22, 2023

A.M. Edition for May 22. European Union privacy regulators have fined Facebook owner Meta a record $1.3 billion for sending user information to the U.S., according to people familiar with the matter. WSJ tech reporter Sam Schechner explains how the decision could affect other multinational companies. Plus, U.S. debt talks are set to resume this afternoon. And Russia claims victory in the Ukrainian city of Bakhmut. Luke Vargas hosts.

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Debt-Ceiling Talks Pause: What Happens on ‘X-Date’? May 19, 2023

P.M. Edition for May 19. WSJ chief economics commentator Greg Ip discusses what may happen as the x-date closes in and debt-ceiling negotiations are at an impasse. Plus, WSJ D.C. reporter Daniella Cheslow says the fight over the debt ceiling has put the spotlight on clean energy funding. Danny Lewis hosts.

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6.8 Million Cars Tied to Potentially Explosive Airbag Parts May 19, 2023

A.M. Edition for May 19. President Biden is expected to announce a new round of U.S. restrictions on trade with Russia today. WSJ White House reporter Annie Linskey reports on that from the G-7 summit in Hiroshima, Japan, where allies are also looking to counter Chinese economic coercion. Plus, a Journal investigation reveals which car models have been built with a potentially dangerous air-bag part. And how the leader of the United Arab Emirates has charted a delicate “friends-with-everyone” strategy. Luke Vargas hosts.

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China Puts Spymaster in Charge of Overseeing Western Businesses May 18, 2023

P.M. Edition for May 18. WSJ chief China correspondent Lingling Wei says the move by Chinese leader Xi Jinping signals Beijing is prioritizing security over economic growth. And Disney scraps a $900 million investment to relocate employees to a corporate campus in Florida. Charlotte Gartenberg hosts.

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Montana Bans TikTok in a U.S. First May 18, 2023

A.M. Edition for May 18. Montana’s governor has signed the first American bill that outright bans TikTok. Journal reporter Stu Woo explains how that is paving the way for a legal fight over a nationwide prohibition that is under consideration in Washington. Plus the WSJ’s Gwynn Guilford on how the tightest job market in generations is transforming the employment prospects for Black Americans. Luke Vargas hosts.

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Death Rates Among Young Americans Hit 15-Year High May 17, 2023

P.M. Edition for May 17. WSJ news editor Janet Adamy explains how car accidents, homicides, suicides and drug overdoses have pushed up death rates for children and teens in the U.S. Plus, the timing of the debt ceiling crisis may have a silver lining for student loans. Charlotte Gartenberg hosts.

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Democrats Try to Force Debt-Ceiling Vote to Avoid Catastrophic Default May 17, 2023

A.M. Edition for May 17. House Democrats are working on a long-shot parliamentary maneuver designed to circumvent House Republican leadership and force a vote to raise the debt ceiling. WSJ White House reporter Annie Linskey says this signals how far apart the two sides are. Plus, the Journal’s Tom Fairless on why migration into affluent countries has reached a record high. And lawmakers in North Carolina ban most abortions after 12 weeks of pregnancy. Luke Vargas hosts.

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No Breakthrough in Debt Ceiling Talks May 16, 2023

P.M. Edition for May 16. President Biden will cut short a planned overseas trip to focus on the debt ceiling, as party leaders remained at odds following a meeting at the White House. WSJ national politics reporter Natalie Andrews discusses what is at stake. Plus, a rare pharma antitrust action seeks to block the Amgen-Horizon deal. Pierre Bienaimé hosts.

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U.S. Debt Default Looms Over Everyday Investors May 16, 2023

A.M. Edition for May 16. There are now tentative signs of progress toward a deal that would raise the U.S. debt ceiling as President Biden and top lawmakers prepare to meet at the White House today. But as Journal editor Alex Frangos explains, the risk of a default is sparking concern in the markets, as Treasury holders worry they won’t get some of their money back right away. Plus, the WSJ’s Ruth Simon describes why America’s small businesses are slowing hiring. And reporter Mike Colias discusses how automakers are getting into mining to meet EV demand. Luke Vargas hosts.

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Microsoft Gets EU Approval to Acquire Activision Blizzard May 15, 2023

P.M. Edition for May 15. Microsoft’s $75 billion deal gets Europe’s go-ahead weeks after it was rejected by U.K. regulators. Plus, Shelby Holliday travels to the Philippines to check in on U.S. efforts to counter China’s militarization of the Pacific. Danny Lewis hosts.

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Turkey’s Future May Hinge on Runoff; China Sentences U.S. Citizen to Life May 15, 2023

A.M. Edition for May 15. Key elections in Turkey appear to be headed for a runoff, testing President Recep Tayyip Erdogan’s two-decade rule. WSJ correspondent Jared Malsin explains what a potential leadership change would mean for Turkey and its central role in global diplomacy. Plus, China sentences a U.S. citizen to life in prison over espionage. And former digital news darling Vice Media files for bankruptcy. Luke Vargas hosts.

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