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The Latest Breaking News from Wall Street Journal

Politicians Use Subsidies To Squeeze Semiconductor Manufacturers

When politicians manipulate industry, the public pays the price.

Reason

Michael Hiltzik: Wall Street Journal tells us to weep for the plight of the very, very rich

Coverage of the richest Americans in publications aimed at their tax bracket tend to fall into two genres.

Los Angeles Times

Who is North Korean leader Kim Jong-un’s sister warning the US of ‘overwhelming action’?

Kim Yo-jong has echoed her infamous brother’s no-nonsense style and responded fiercely to a joint US-South Korea military drill

Evening Standard

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Murdoch has survived scandal after scandal. Will Dominion's lawsuit against Fox News be different?

Rupert Murdoch's admission was startling.

Los Angeles Times

Twitter's revenue, adjusted earnings down 40%

NEW YORK: Twitter Inc reported a drop of about 40% year-over-year in both revenue and adjusted earnings for the month of December, the Wall Street Journal reported on Friday citing people familiar with the matter.

Bangkok Post

Chris Rock on the eve of his Netflix special: his movie roles, Oscars scandal and other stand-up specials

His performance will be Netflix’s first ever live event

Evening Standard

Failed Attempt By Former Paramount Executives To Purchase Showtime Amid Fold Into Paramount+

Former Showtime Executives Have Failed Numerously After Offers For Showtime Were Rejected By Paramount Global

Zenger

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Tesla stock dropped 65% last year but retail investors are flocking to the company in 2023 and lapping up $14 billion in shares

Individual investors are buying Tesla stock at a record pace and driving the price higher, Vanda Research says.

Fortune

Editorial: How an ideologically blinded media failed to take the COVID lab leak theory seriously

Citing a classified intelligence report provided to members of Congress, The Wall Street Journal reported Sunday that the Energy Department has now concluded with “low confidence” that the COVID-19 pandemic most likely began after an unintentional laboratory leak in China.

Chicago Tribune

How did the Covid pandemic begin? We need to investigate all credible hypotheses

The news has reignited the overheated public debate over the two prevailing hypotheses for the origin of Covid-19, but the case remains far from closed

The Guardian - US

FBI director says China laboratory leak was likely COVID source

FBI Director Christopher Wray accuses China of thwarting efforts to identify the origin of the COVID-19 outbreak.

Al Jazeera

FBI director endorses theory Covid-19 virus may have leaked from Chinese lab

Comments fuel divide within US intelligence community on origins, as Chinese state media warns Elon Musk on pushing Wuhan lab theory

The Guardian - US

Covid most likely originated from lab incident in Wuhan: FBI chief

WASHINGTON: According to FBI director Christopher Wray, it is highly likely that a leak from a laboratory in Wuhan, China caused the Covid-19 pandemic. Wray made the claim during an interview with Fox News.

The Times of India

Are you too fat for Universal’s new Mario Kart ride? The average American guy is

SANTA ANA, Calif. — Critics are blasting the new Super Nintendo attraction at Universal Studios Hollywood as “blatantly fatphobic” because the augmented reality dark ride has a size restriction that will leave many Americans with larger waistlines on the sidelines.

The Orange County Register

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Wales Online

Covid most likely leaked from lab in China, new US study concludes

The US Energy Department reportedly reached its conclusion about the virus leak scenario with 'low confidence', while other government agencies dismiss the theory out of hand or remain undecided

Tribune News Service

Energy Department believes lab leak was most likely the source of COVID, report says

A laboratory leak was the most likely origin of the COVID-19 virus, according to findings by the U.S. Energy Department, The Wall Street Journal reported.

Asharq Al-Awsat

Netflix Cuts Prices in Some Countries to Boost Subscriptions

Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to maintain subscriber growth amid stiff competition and strained consumer spending. The stock fell nearly 5%, underperforming the broader market and on course for its worst day in more…

Fortune

Ozy Media CEO Carlos Watson arrested; charged with fraud, identity theft

Founder has been called both charismatic and “insane” by those who have dealt with him.

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The Independent UK

Wall Street Journal article sparks backlash after suggesting people ‘skip breakfast’ to save money

‘Many poor families already do,’ says one critic

Daily Mirror

Xbox Series X price increase quietly starts to roll out just months after PS5 price hike

Sweden and Japan have been hit with Xbox Series X price increases in the last month, with fears there are more to come.

Al Jazeera

Xi Jinping to visit Moscow for summit with Putin: Report

Top diplomat Wang Yi, who is currently in Moscow, has said ties between the two countries are ‘rock solid’.

The Independent UK

Wall Street Journal article sparks backlash after suggesting people ‘skip breakfast’ to save money

‘Many poor families already do,’ says one critic

Reuters

China's Xi preparing to visit Moscow for summit with Putin -WSJ

Chinese leader Xi Jinping is preparing to visit Moscow for a summit with Russian President Vladimir Putin in the coming months, the Wall Street Journal reported on Tuesday, citing people familiar with the plan.

Reason

To Increase 'Equity,' This California High School Is Eliminating Honors Courses

"I was born in Cuba, and it doesn't sound good when people are trying to achieve equal outcomes for everyone," said one parent.

Fortune

Amazon staff might see a 50% pay cut because shares have fallen so much

Employees have previously benefited from the company's stock awards scheme, until the share price began to tank.

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