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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Meta Hit With Record Fine Over EU-U.S. Data Transfers

What's News brings you the headlines and business news that move markets and the world—twice every weekday. In about 15 minutes, get caught up on the best Wall Street Journal scoops and exclusives, with insight and analysis from the award-winning reporters that broke the stories. Hosted by Annmarie Fertoli and Luke Vargas.

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P.M. Edition for April 25. Gross domestic product expanded at a 1.6% seasonally- and inflation-adjusted annual rate in the first quarter. The Commerce Department’s report also suggests inflation was firmer than expected in March. Markets reporter David Uberti has more. And hearing a last-ditch appeal from Donald Trump, the Supreme Court appeared open to granting some level of immunity to protect former presidents from prosecution. Jess Bravin reports. Plus, Scott Patterson discusses the federal effort to speed up big power-grid infrastructure projects. Pierre Bienaimé hosts.



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U.S. GDP Report’s Inflation Data Makes It Harder for Fed to Cut Rates

A.M. Edition for April 25. The Biden administration issues sweeping new rules to limit power-plant pollution, targeting existing coal and newly built natural-gas plants. WSJ climate reporter Ed Ballard explains how that could affect the U.S. energy mix as power demand surges. Plus, BHP offers to buy rival Anglo-American in a mining megadeal. And 18 of Donald Trump’s allies are indicted in Arizona on charges they tried to overturn the 2020 election. Luke Vargas hosts.



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New Emissions Rules Could Spell the End of U.S. Coal Plants

P.M. Edition for April 24. A new study found that hospital mergers drive up healthcare costs. The Wall Street Journal’s Melanie Evans discusses how consumers are paying the price. And McKinsey is under criminal investigation for opioid-related consulting services. Plus, major business groups are suing to block a new federal rule banning employee noncompete agreements. Sabrina Siddiqui hosts.



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How Hospital Mergers Drive Up Prices for Consumers

A.M. Edition for April 24. Tesla’s stock soars off hours after CEO Elon Musk announced it would accelerate the launch of new models, including at more affordable prices. Plus, the Senate passes a long-delayed foreign aid package. And WSJ reporter Jack Pitcher explains why Cathie Wood’s ARK funds are facing an investor exodus despite this year’s market rally. Luke Vargas hosts.



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Tesla Rallies After Musk Speeds Up Rollout of Cheaper EVs

P.M. Edition for April 23. The Democratic Party faces an electoral test over Israel in Pennsylvania’s primary today. WSJ reporter Kris Maher discusses how the war is impacting voters in that crucial swing state. And the U.S. Federal Trade Commission votes to ban noncompete clauses that restrict job switching. The WSJ’s Dave Michaels has more. Plus, Tesla reports a sharp drop in first-quarter earnings. Sabrina Siddiqui hosts.



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Meta Hit With Record Fine Over EU-U.S. Data Transfers

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