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Hollywood Writers Strike: What It Could Mean for Your Favorite Shows The union representing movie and television writers said Monday they are going on strike, after talks with major networks, streamers and studios ended without a deal. WSJ’s Joe Flint explains what’s at stake. Photo: J. David Ake/Associated Press
First Republic Seized and Sold: Why It Happened and What Comes Next The FDIC seized First Republic Bank early Monday and struck a deal to sell the bulk of its operations to JPMorgan Chase. WSJ’s Ben Eisen explains what led to the bank’s failure and what it means for customers, investors and the industry. Illustration: Preston Jessee
WSJ’s Ben Eisen explains what led to the bank’s failure and what it means for customers, investors and the industry. Illustration: Preston JesseeFederal regulators wanted a strong deal for First Republic Bank. As a result, they helped America’s largest lender get even bigger. JPMorgan Chase beat out bids from at least three smaller peers, according to people familiar with the matter. The bank said it had some 800 people working over the weekend to scour First Republic’s books and assess its business.
What to Watch: The 15 Best New Movies and TV Shows From AprilThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tony-awards-2023-wsjs-theater-critic-on-this-years-nominees-c9f61d71
Converting gas cars into electric vehicles is becoming more common, with several companies offering ways to “upcycle” classic cars and fleet vehicles. WSJ’s George Downs explores why retrofitting isn’t more widespread. Illustration: George DownsFord Motor Co. for the second time this year cut prices on its electric Mustang Mach-E, reducing the sticker by as much as 8% on some versions. The reduction comes as the U.S. auto maker moves to a lower-cost battery and as rival Tesla also continues to adjust pricing on its top-selling EV models in an attempt to boost sales.
Why Washington Let JPMorgan Buy First Republic
  + stars: | 2023-05-02 | by ( Ben Eisen | Andrew Ackerman | ) www.wsj.com   time to read: 1 min
WSJ’s Ben Eisen explains what led to the bank’s failure and what it means for customers, investors and the industry. Illustration: Preston JesseeFederal regulators wanted a strong deal for First Republic Bank. As a result, they helped America’s largest lender get even bigger. JPMorgan Chase beat out bids from at least three smaller peers, according to people familiar with the matter. The bank said it had some 800 people working over the weekend to scour First Republic’s books and assess its business.
Extending the Conversation on Menopause Beyond Women
  + stars: | 2023-05-02 | by ( ) www.wsj.com   time to read: 1 min
Why This Rolex Is Worth More Used Than NewWhy are some consumers willing to spend more for a used watch than for a new version of the same model? WSJ’s Jacob Gallagher explains why the secondary market for watches has exploded in recent years and how Rolex is trying to get in on the action. Photo illustration: Xingpei Shen
Search for Two Missing Oklahoma Teens Uncovers Seven Bodies
  + stars: | 2023-05-02 | by ( ) www.wsj.com   time to read: 1 min
Why This Rolex Is Worth More Used Than NewWhy are some consumers willing to spend more for a used watch than for a new version of the same model? WSJ’s Jacob Gallagher explains why the secondary market for watches has exploded in recent years and how Rolex is trying to get in on the action. Photo illustration: Xingpei Shen
Illinois Dust Storm Kills Six, Injures Dozens in Highway Pileup
  + stars: | 2023-05-02 | by ( ) www.wsj.com   time to read: 1 min
Why This Rolex Is Worth More Used Than NewWhy are some consumers willing to spend more for a used watch than for a new version of the same model? WSJ’s Jacob Gallagher explains why the secondary market for watches has exploded in recent years and how Rolex is trying to get in on the action. Photo illustration: Xingpei Shen
Ron DeSantis’s Oversight Board Sues Disney
  + stars: | 2023-05-01 | by ( Arian Campo-Flores | ) www.wsj.com   time to read: 1 min
WSJ’s Arian Campo-Flores explains what’s behind Disney’s lawsuit against Florida Gov. Ron DeSantis. Photo Composition: Rachel RogersThe board overseeing the district covering Walt Disney Co.’s Orlando-area theme parks sued the entertainment giant in state court, accusing the company of striking a “backroom deal” in an effort to preserve its ability to essentially self-govern the district. The lawsuit, filed on Monday in the Ninth Judicial Circuit Court, which includes Orange and Osceola counties, marks the latest salvo in the escalating battle between Disney and Florida Gov. Ron DeSantis .
WSJ Opinion: Rewriting the History of Covid-19 School Closures
  + stars: | 2023-05-01 | by ( ) www.wsj.com   time to read: 1 min
Why This Rolex Is Worth More Used Than NewWhy are some consumers willing to spend more for a used watch than for a new version of the same model? WSJ’s Jacob Gallagher explains why the secondary market for watches has exploded in recent years and how Rolex is trying to get in on the action. Photo illustration: Xingpei Shen
Why This Rolex Is Worth More Used Than NewWhy are some consumers willing to spend more for a used watch than for a new version of the same model? WSJ’s Jacob Gallagher explains why the secondary market for watches has exploded in recent years and how Rolex is trying to get in on the action. Photo illustration: Xingpei Shen
From blocking highways to dressing up as handmaids, hundreds of thousands of Israelis have protested for three months against a judicial overhaul planned by Prime Minister Benjamin Netanyahu’s government. Photo Composite: Emily SiuTEL AVIV—Israeli Prime Minister Benjamin Netanyahu said on Sunday that he is committed to reaching a compromise over a proposed judicial overhaul that has sharply divided the country, even as he comes under increasing pressure from elements within his own government to advance the legislation. Mr. Netanyahu agreed at the end of March to delay a vote on a key piece of the legislation and engage in negotiations with the opposition until after Israel’s Parliament, or Knesset, reconvened after Jewish and national holidays. The bill would have been the first piece of a broader effort to weaken the power of the Supreme Court and give greater control to elected lawmakers. The Knesset reconvenes Sunday, adding urgency to the talks with the opposition as the coalition can now advance pieces of the overhaul for the first time since negotiations began.
After a year of trying to outmaneuver each other, Walt Disney is suing Florida Gov. Ron DeSantis. WSJ’s Arian Campo-Flores explains what is behind the lawsuit. Ron DeSantis is poised to jump into the Republican presidential primary in the coming months with an $86 million pot of donor money—and a legally questionable strategy for using it. The cash, currently sitting in a Florida political committee fund, would need to take a circuitous path to help him: It is illegal to use money raised for a state election to run for federal office, meaning Mr. DeSantis can’t simply transfer it into a presidential campaign account.
ChatGPT Ban Lifted in Italy After Data-Privacy Concessions
  + stars: | 2023-04-29 | by ( Sam Schechner | ) www.wsj.com   time to read: +1 min
Microsoft is combining the tech behind OpenAI’s ChatGPT with its Bing search engine. In an interview, WSJ’s Joanna Stern spoke with Microsoft CEO Satya Nadella about the new tools and how AI is going to change search. Photo illustration: Preston Jessee for The Wall Street JournalItaly’s privacy regulator rescinded its temporary ban on ChatGPT after the chatbot’s developer, OpenAI, implemented changes demanded by the regulator, the latest twist in the complex regulatory response to new artificial-intelligence technology. Italy’s ban was one of the first nationwide measures restricting the use of ChatGPT since it exploded globally in popularity in recent months. The Italian Data Protection Authority ordered the ban late last month, saying that OpenAI had “no legal basis” for using the data it had amassed about Italian residents to train its algorithms and that it was too easy for children to access.
From Toilet Paper to Mayonnaise, Staples Stay Strong
  + stars: | 2023-04-28 | by ( Aaron Back | ) www.wsj.com   time to read: 1 min
Consumer spending has held up relatively well so far despite inflation, but experts say we’re approaching an inflection point. WSJ’s Sharon Terlep explains the role ‘elasticity’ plays in a company’s decision on whether to raise prices. Photo illustration: Adele MorganMakers of everyday household goods say consumers are sticking with them despite double-digit price increases. A raft of American and European companies producing packaged food and other staples such as tissues and cleaning products have reported results over the past week or so, and the results are encouraging. Analysts had expected growth of 6.9%, according to VisibleAlpha.
Intel Faces a Long Climb Back from the Bottom
  + stars: | 2023-04-28 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Intel has ruled the market for central processing units since the 1980s. But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. Intel hitting rock bottom isn’t a pretty sight, but it is still a welcome one. The chip maker’s first-quarter results late Thursday took the “better than feared” concept to a new level. In another first, Intel actually lost money in its data-center segment—a business that generated operating margins of 50% in the same quarter just three years prior.
There’s an investment that’s 100% backed by the U.S. government, never loses its value and is paying more than 7% interest a year. So, why haven’t most Americans heard of Series I Savings Bonds? Photo: TNS/Zuma PressThe interest rate on I bonds is 4.3%, down from 6.89%, the Treasury Department said Friday. This rate will apply to I bonds purchased now and for the next six months. Preview SubscribeThough the new rate is less than half the 9.62% offered last year, when the inflation-adjusted savings became so popular investors crashed Treasury’s website, financial advisers say they may now be a better bet for the long term.
S2 E22Inside the Lucrative–and Secretive–Business of iPhone Trade-Ins So you just traded in your old iPhone to get a deal on a new one. Where does that old phone go? Who makes money on it? WSJ’s Joanna Stern follows an iPhone through the refurbishment process to explain why the second-hand phone market is booming. Photo illustration: Kenny Wassus
Dylan Mulvaney Speaks Out Following Bud Light Ad Controversy
  + stars: | 2023-04-28 | by ( ) www.wsj.com   time to read: 1 min
Why This Rolex Is Worth More Used Than NewWhy are some consumers willing to spend more for a used watch than for a new version of the same model? WSJ’s Jacob Gallagher explains why the secondary market for watches has exploded in recent years and how Rolex is trying to get in on the action. Photo illustration: Xingpei Shen
Intel has ruled the market for central processing units since the 1980s. But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. WSJ’s Asa Fitch explains the companies’ battle for the brains of your computer. Intel Corp. is expected to report its largest-ever quarterly loss Thursday, driven by a sharp fall in personal-computer sales and rising competition. Sales are expected to fall to a low not seen since 2010, with Wall Street expecting Intel to post revenue of $11 billion for the first quarter, according to analysts surveyed by FactSet.
Biden Announces 2024 Re-Election Campaign: Here Are His Challenges President Biden has announced his re-election campaign for the 2024 presidency. WSJ’s Ken Thomas breaks down how the political landscape has changed since 2020 and what challenges Biden will face in 2024. Photo Illustration: Ryan Trefes
Disney’s Special Tax District, Explained
  + stars: | 2023-04-26 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
Biden Announces 2024 Re-Election Campaign: Here Are His Challenges President Biden has announced his re-election campaign for the 2024 presidency. WSJ’s Ken Thomas breaks down how the political landscape has changed since 2020 and what challenges Biden will face in 2024. Photo Illustration: Ryan Trefes
Biden Announces 2024 Re-Election Campaign: Here Are His Challenges President Biden has announced his re-election campaign for the 2024 presidency. WSJ’s Ken Thomas breaks down how the political landscape has changed since 2020 and what challenges Biden will face in 2024. Photo Illustration: Ryan Trefes
Abortion Access: Where It Stands After Supreme Court Allows Mifepristone From a high-stakes legal battle over the abortion pill mifepristone, to states debating their own legislation, WSJ’s Laura Kusisto highlights where abortion access stands now and what could come next. Photo Illustration: Preston Jessee
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