Beijing’s Expanding Influence in America’s Backyard

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 18 June 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for June 18. In a sleepy town in Peru, China is building a megaport to speed trade between Asia and South America. The WSJ’s Ryan Dubé says the project is part of a growing network of alliances that’s setting off alarm bells in Washington. Plus, electric-vehicle startup Fisker files for bankruptcy. And, several high-profile candidates turn down the chance to be Boeing’s next CEO. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So how do we get AI right?
0:02.0	Well, we need the right volume of data, the software to train it, and massive compute power, or...
0:10.0	Another one buys the dust.
0:12.0	Are you ready?
0:13.0	Are you ready for this?
0:14.0	Are you hanging on the edge of your seat?
0:16.0	But with HE Green Lake, we get access to supercomputing to power AI at the scale we need,
0:21.0	helping generate better insights.
0:22.6	All right.
0:25.4	Nice teamwork guys.
0:26.9	Search HPE Green Lake. E. E.V. startup Fisker files for bankruptcy.
0:37.0	Plus, Boeing's CEO search runs into turbulence, and Beijing looks to plant its flag in Washington's backyard with a massive new port in Peru.
0:48.0	Latin American officials and Peruvian officials specifically, they will tell you that they're open investments from
0:53.2	anywhere from the US to China to India but they say that the US hasn't been
0:57.2	present and if it's concerned about China's presence then the US needs to
1:00.4	invest in those types of projects. It's Tuesday, June 18th.
1:04.0	I'm Luke Vargas for the Wall Street Journal,
1:06.0	and here is the AM edition of What's News.
1:09.0	The top headlines and business stories moving your world today.
1:15.0	Renters have been enjoying a much needed break recently.
1:20.0	After rents shot up during the pandemic, prices have been growing more slowly
1:26.3	over the past few months and have even fallen in parts of the country.
	...

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