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The Journal.

The Journal.

The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Gimlet Media and The Wall Street Journal.


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The Global Supply Chain Is Broken

Since the pandemic started last year, the disruptions to the global supply chain have only gotten worse. Delays at America's busiest commercial port, Los Angeles, are wreaking havoc on manufacturing and retail, leading the White House to get involved. WSJ's Sarah Nassauer and Costas Paris explain what the logjam means and how it can be fixed. Learn more about your ad choices. Visit
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136 Countries Agree to a Global Minimum Tax

More than 100 countries agreed last week to a 15% global minimum corporate tax. WSJ's Richard Rubin details how the deal came together, and WSJ's Paul Hannon explains why Ireland - which has long had some of the lowest tax rates in Europe - finally got on board. Learn more about your ad choices. Visit
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How 'Squid Game' Became a Megahit

"Squid Game" is on track to become Netflix's biggest show ever. WSJ's Timothy Martin explains the show's origins and why Netflix has invested so heavily in Korean content. Learn more about your ad choices. Visit
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The Unraveling of the Murdaugh Dynasty

Over Labor Day weekend, an attempted murder was reported to police in Hampton County, S.C. involving the scion of a powerful local family. The victim, Alex Murdaugh, later said he attempted to stage his own murder to try to collect insurance money. WSJ's Valerie Bauerlein looks at this case and other events that threaten to undermine the Murdaugh dynasty. Learn more about your ad choices. Visit
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The Day Facebook Logged Off

On Monday, Facebook, Instagram and WhatsApp went offline for billions of people around the world. To fix it, Facebook's employees had to physically drive to data centers to address the problem. WSJ's Robert McMillan explains the cascade of failures that caused it to happen. Learn more about your ad choices. Visit
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A Huawei Exec, Two Canadians And The Deal That Got Them Home

In 2018, Canadian authorities arrested Huawei finance chief Meng Wanzhou on behalf of the United States. Days later, the Chinese government arrested two Canadians in retaliation. WSJ's Jacquie McNish has been covering the ordeal and the high stakes detainee exchange that took place in September. Learn more about your ad choices. Visit
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What Secret Tapes Reveal About the College Admissions Scandal

College counselor Rick Singer pleaded guilty to helping wealthy parents like Lori Loughlin and Felicity Huffman cheat the college admissions system. In 2018, the federal government began wiretapping his cellphone. WSJ's Melissa Korn and Jennifer Levitz dissect the tapes. Learn more about your ad choices. Visit
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The Facebook Files, Part 6: The Whistleblower

At the heart of the Facebook Files series is a cache of internal company documents. And behind the release of those documents is a person: Frances Haugen. In Part 6, we sit down for an extended conversation with Frances. She tells us about her time at Facebook, what led her to speak out and what she hopes to achieve by disclosing internal Facebook documents. Learn more about your ad choices. Visit
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The Federal Law That 138 Judges Have Broken

For the last year, a team at the Wall Street Journal has been investigating the financial holdings of federal judges across the country. This week, the team reported that more than 130 judges violated U.S. law by overseeing court cases that involved companies in which they or their family had a financial interest. WSJ's James Grimaldi explains the investigation and introduces us to the judge with the most conflicts. Learn more about your ad choices. Visit
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One Restaurant Owner's Answer to the Labor Shortage

The restaurant industry around the country is having a hard time finding enough workers. So, Amanda Cohen, who runs a restaurant called Dirt Candy in Manhattan, decided to dramatically overhaul her business in order to raise wages. Since then, not only has she been able to retain staff, she's also managed to increase profits. Learn more about your ad choices. Visit
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The Facebook Files, Part 5: The Push To Attract Younger Users

In the fifth part of our series looking deep inside Facebook, we examine the company's efforts to win over young children. Reporter Georgia Wells discusses what Facebook's internal documents reveal about the company's years-long efforts to study and design products for kids. And we look ahead to tomorrow's Senate hearing, where lawmakers are expected to question a Facebook executive about the company's research into the effects of its products on teen mental health. Learn more about your ad choices. Visit
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China's Evergrande Crisis

Evergrande built homes for China's growing middle class for more than two decades. Now, the property developer is running out of money. WSJ's Quentin Webb explains how years of piling on debt brought Evergrande to a crisis point, and what its potential collapse could mean for China. Learn more about your ad choices. Visit
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The Long Journey to Del Rio

Last week, roughly 16,000 migrants showed up in Del Rio, Texas. Most of them were Haitian, but they didn't come directly from Haiti. They've been on a long journey. WSJ's Alicia Caldwell and Juan Montes explain how these Haitians reached Texas and what they're encountering at the border. Learn more about your ad choices. Visit
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Harry and Meghan, Hollywood Royalty?

Since Prince Harry and Meghan Markle quit the royal family, the couple have been building a Hollywood production company and signed deals with Netflix and Spotify. WSJ's Erich Schwartzel explains how this royal career shift has been going. Learn more about your ad choices. Visit
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Xi Jinping Is Rewriting the Rules of China's Economy

The Chinese government is cracking down on big private corporations and reining in their power. WSJ's Lingling Wei shares her analysis which suggests this recent development is coming from China's President Xi Jinping's personal ideological shift from capitalism towards a Mao-style socialism. Learn more about your ad choices. Visit
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The Snub That Made France Furious

Last week, the U.S. announced a new multibillion-dollar deal to supply nuclear submarines to Australia. There was just one problem: Australia had already inked a submarine deal with France. WSJ's Matthew Dalton explains the sub snub and what it means for U.S.-France relations. Learn more about your ad choices. Visit
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Why 'Buy Now, Pay Later' Is Popping Up Everywhere

A growing number of retailers are offering customers the ability to buy a product and pay for it later in installments. WSJ's AnnaMaria Andriotis explains why the approach has become so popular and whether it's likely to stick around. Learn more about your ad choices. Visit
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The Dogfight Over Dogecoin

Dogecoin began as a joke cryptocurrency in 2013, but this year its price has soared, and now its market cap stands at about $30 billion. WSJ's Caitlin Ostroff says two competing organizations that both call themselves the Dogecoin Foundation are vying for the coin's trademark and its future. Representatives from both groups make their case about who should be dogecoin's steward going forward. Learn more about your ad choices. Visit
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The Facebook Files, Part 4: The Outrage Algorithm

In the fourth episode of our investigative series based on an extensive array of internal Facebook documents, we explore the fallout of a major algorithm change the company made in 2018. The documents outline how an emphasis on engagement incentivized the spread of divisive, sensational content and misinformation. WSJ's Keach Hagey and Jeff Horwitz explain how attempts from within the company to undo some of the damage were often thwarted. Learn more about your ad choices. Visit
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The Facebook Files, Part 3: 'This Shouldn't Happen on Facebook'

In the third episode of our investigative series based on an extensive array of internal Facebook documents, we look at a persistent problem on the platform: human trafficking. WSJ's Justin Scheck describes documents showing that Facebook has closely studied how human traffickers use the platform to ensnare victims and advertise illegal sex services. The documents also show Facebook's response to these findings, which is often inadequate or nothing at all. We also hear from Patricia Wanja Kimani, a Kenyan woman who was trafficked to Saudi Arabia after responding to a job post on Facebook. Learn more about your ad choices. Visit
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'Moneyball' Meets Firefighting

To combat increasingly extreme wildfires, firefighters are taking cues from the world of sports analytics. WSJ's Dan Frosch explains how the "Moneyball" sports data revolution is making its way into firefighting and why increasingly unpredictable fires are putting new computer models to the test. Learn more about your ad choices. Visit
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Will the Vaccine Mandate Affect the Labor Shortage?

Jack Schron has been encouraging his employees to get vaccinated. He also worries a vaccine mandate might cause them to quit. The manufacturing company president explains what the Biden administration's vaccine mandate could mean for him, and WSJ's Eric Morath discusses its impact on the labor market. Learn more about your ad choices. Visit
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How to Stop a $45 Billion Crime Spree

A brazen kind of shoplifting is plaguing America's retail stores, where people fill up garbage bags with items and simply walk out the door. WSJ's Rebecca Ballhaus explains how organized crime rings orchestrate the shoplifting. And Ben Dugan, the head of CVS' investigative unit, describes what he does to fight crime at his stores. Learn more about your ad choices. Visit
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The Facebook Files, Part 2: 'We Make Body Image Issues Worse'

In the second episode in our investigative series, we turn to research that Facebook has kept private: its internal studies on the effects of Instagram, one of its core products, on teen mental health. WSJ's Georgia Wells details the company's findings, which show that Instagram can be harmful for young users, particularly teen girls. Plus, Instagram head Adam Mosseri explains why he thinks there's no "silver bullet" for this problem. Learn more about your ad choices. Visit
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The Facebook Files, Part 1: The Whitelist

The Facebook Files, an investigative series from The Wall Street Journal, dives into an extensive array of internal Facebook documents, giving an unparalleled look inside the social media giant. In our first episode, WSJ's Jeff Horwitz explains how high-profile users from celebrities to politicians are shielded from the site's rules and protected from enforcement measures. The company does this in secret, even as CEO Mark Zuckerberg says publicly that all users are treated equally. Learn more about your ad choices. Visit
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How the Afghan Women's Soccer Team Escaped the Taliban

As the Taliban took control of Afghanistan, members of the country's women's soccer team - once symbols of a new Afghanistan - knew they needed to escape. WSJ's Drew Hinshaw tells the story of how the team's former captain, Khalida Popal, hatched a daring plan for their evacuation. Learn more about your ad choices. Visit
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The Dashed Hopes of a Swift Economic Rebound

Economists, CEOs and many others predicted earlier this summer that the economy would recover around Labor Day. But the Delta variant has changed all of that. WSJ's Eric Morath explains how the highly contagious strain is affecting business and job growth. Learn more about your ad choices. Visit
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The Business of Forecasting Fashion

The pandemic has disrupted a lot of things - including how people dress. We talk with WGSN fashion forecaster Francesca Muston about how the uncertain times have made predicting fashion trends more difficult and how other forces like climate change may shape fashion choices in the long term. Learn more about your ad choices. Visit
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Scholastic's Succession Drama

Scholastic, which is famous for children's books like Harry Potter and Clifford the Big Red Dog, has been controlled by the same family for more than a century. Then, the CEO unexpectedly died in June and his will had a controversial decision on succession. WSJ's Shalini Ramachandran on the drama that unfolded. Learn more about your ad choices. Visit
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The Man Who Chose to Get Covid

Jake Hopkins, a university student in the U.K., decided earlier this year to do something most people in the world have been trying to avoid: he volunteered to get Covid-19. Jake signed up for a human challenge trial that intentionally infects participants with the virus. He shares recordings from his experience in the controversial study, and WSJ's Jenny Strasburg explains the researchers' goals. Learn more about your ad choices. Visit
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The First Country to Adopt Bitcoin

In June, the president of El Salvador made an announcement that shocked the nation: It would become the first country to adopt bitcoin as a national currency. As "B-day" approaches, WSJ's Santiago Perez headed to El Salvador to hear how Salvadorans are feeling about the change. Learn more about your ad choices. Visit
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Sexual Assault Allegations Surface at ABC News

A lawsuit filed last week alleges that a former top producer at Good Morning America, Michael Corn, assaulted at least two women at ABC News, and that the company did not take disciplinary action against him. Corn and ABC dispute the claims. WSJ's Joe Flint breaks down the allegations and explains how they come at a pivotal moment for ABC News. Learn more about your ad choices. Visit
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Why the Biggest SPAC Ever Is Faltering

Famed activist investor William Ackman raised $4 billion for a blank-check company last year, enough to merge with a big, proven start-up. But he still hasn't found a company to buy, and is now suggesting he might return all of his investors' money. WSJ's Cara Lombardo tells us why Ackman is falling short. Learn more about your ad choices. Visit
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United States v. Elizabeth Holmes

Six years ago, a WSJ investigation raised serious questions about the blood-testing startup Theranos. This week, the company's founder Elizabeth Holmes will go on trial for fraud. WSJ editor Michael Siconolfi remembers what it was like to help break the Theranos story, and legal reporter Sara Randazzo explains what to expect from the much-anticipated trial. Learn more about your ad choices. Visit
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Taliban Takeover Throws Afghan Economy Into Chaos

Since the Taliban took control of Afghanistan, foreign aid has stopped flowing, the business community is fleeing, and banks have limited how much money people can withdraw. WSJ's Yaroslav Trofimov explains why the Afghan economy is in turmoil and what the Taliban might do to restore it. Learn more about your ad choices. Visit
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How Amtrak's CEO Plans to Spend $66 Billion

Congress is nearing passage of the largest investment in public transit ever. About $66 billion of that money is slated to go to Amtrak, America's passenger rail company. Amtrak's CEO sat down with Ryan to talk about where he intends to spend that money. Learn more about your ad choices. Visit
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Afghan Women Brace for Taliban Rule

Since the Taliban's takeover of Afghanistan, many women around the country have been living in fear, despite the Taliban's assurances they'll respect women's rights. WSJ's Margherita Stancati talks about the threats women face, and Afghan photographer Fatimah Hossaini explains her decision to flee the country. Learn more about your ad choices. Visit
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Why OnlyFans Banned Sexual Content

OnlyFans, an adult social-media platform, built a thriving business selling sexually explicit content. So why did it just ban sex? WSJ's Georgia Wells explains the financial backstory to the company's surprising move, and an OnlyFans creator weighs in on what it could mean for her. Learn more about your ad choices. Visit
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The Growing Market of Not Cutting Down Trees

The main way to make money from trees used to be chopping them down and selling them to sawmills. But now, people are getting paid to do the opposite. WSJ's Ryan Dezember explains the economics of the carbon offset market and why it's finally taking root. Learn more about your ad choices. Visit
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The Fight Over BuzzFeed's Move to Go Public

BuzzFeed has been trying to go public for years. When it finally struck a deal to do so earlier this year, the media company left its biggest shareholder -- NBCUniversal -- facing a huge loss. WSJ's Ben Mullin explains how changes in digital media fortunes brought BuzzFeed to this moment. Learn more about your ad choices. Visit
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The Investigation Into Tesla's Crashes

The nation's top auto safety regulator announced this week that it was investigating Tesla's assisted driving technologies after a series of crashes. WSJ's Rebecca Elliott explains what prompted the probe of Autopilot, as it's called, and what it could mean for the auto industry. Learn more about your ad choices. Visit
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Why a Texas School District Is Defying the Governor

Schools across the country are reopening just as the Delta variant is causing a surge of Covid-19 cases. But some states, including Texas, have blocked school districts from taking certain safety precautions. We spoke to Dallas superintendent Dr. Michael Hinojosa about how he's navigating Covid-19 and the politics around it. Learn more about your ad choices. Visit
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Apple Exec Defends iPhone's Latest Update

When Apple announced new iPhone software to combat child pornography, it set off a firestorm over privacy. WSJ's Joanna Stern talked to Apple software chief Craig Federighi about why it sparked controversy and what it actually does. Learn more about your ad choices. Visit
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Taliban Seize Power in Afghanistan

After almost 20 years of war, the U.S. withdrew its remaining troops from Afghanistan. In a matter of weeks, the Taliban have taken control of the country. WSJ's Sune Rasmussen explains how the Taliban were able to move so quickly and describes the chaos and fear gripping Afghanistan today. Learn more about your ad choices. Visit
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What's Behind Amazon's Review Problem

On Amazon's massive online marketplace, third-party sellers live and die by customer reviews. WSJ's Nicole Nguyen explains how and why sellers risk getting kicked off Amazon to improve their reviews, and we hear from one customer who found out just how far some companies are willing to go. Learn more about your ad choices. Visit
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CDC Director Explains the Agency's Reversal on Masks

The Centers for Disease Control and Prevention has come under fire this summer for reversing its masking recommendations as the Delta variant threatens COVID-19 vaccine efficacy. Now, CDC Director Rochelle Walensky speaks out in an exclusive interview with WSJ reporters Sarah Toy and Sabrina Siddiqui. Learn more about your ad choices. Visit
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How Lebanon's Economy Imploded

In the span of a year and a half, Lebanon went from a middle-income economy to a country in financial free fall. WSJ's Nazih Osseiran explains the cycle of monetary policy, inflation, and government mismanagement that set off one of the worst economic collapses in 150 years. Learn more about your ad choices. Visit
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New York Gov. Andrew Cuomo Resigns

New York Governor Andrew Cuomo resigned today, following the release of a report that alleged he sexually harassed several women. Cuomo will depart office in 14 days and Lieutenant Governor Kathy Hochul will take his place for the remainder of his term. WSJ's James Fanelli details the allegations against Cuomo and describes the woman who will be replacing him. Learn more about your ad choices. Visit
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The Clash Between Facebook and Independent Researchers

Last week, Facebook suspended the personal accounts of an NYU Ph.D. candidate and some members of her research team. They were studying how well the social media platform was identifying political ads. WSJ's Jeff Horwitz explains what the dispute means for the broader community of outside researchers. Learn more about your ad choices. Visit
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How Kidnapping Became Big Business in Nigeria

In 2014, the terrorist group Boko Haram kidnapped 276 schoolgirls in Nigeria. It gave rise to a viral Twitter movement #BringBackOurGirls and would eventually inspire hundreds of similar kidnappings in the years that followed. The WSJ's Drew Hinshaw and Joe Parkinson explain how criminal groups are building a kidnapping for ransom industry in Nigeria. Learn more about your ad choices. Visit
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