A.M. Edition for Feb. 12. WSJ columnist Spencer Jakab says a new twist on value investing is turning attention to companies returning gobs of cash to shareholders. But does that mean growth is dead? Plus, Elon Musk defends his government cost-cutting drive as President Trump hands DOGE more authority. And the WSJ’s Jason Douglas explains which countries are likely to bear the brunt of reciprocal tariffs promised by the president. Luke Vargas hosts. 

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