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WSJ What’s News

Berkshire Hathaway Poised to Hit $1 Trillion Valuation

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 2 May 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

P.M. Edition for May 2. Berkshire Hathaway is nearing a milestone, as thousands of investors and onlookers gather for its annual shareholder meeting this weekend. Markets reporter Karen Langley has more. And Sony and Apollo make a $26 billion, all-cash offer for Paramount. Plus, cleanup begins at UCLA after violent clashes between police and protesters. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Oracle.

0:03.0

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0:20.4

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0:25.0

Take a free test drive at oracle.com slash Spotify.

0:29.0

Sony and is poised to hit a major milestone. It is in line to be the next company that would reach one trillion dollars in market capitalization

0:48.0

and that would just show that there is a lot more in a business in the economy than tech and that investors

0:54.0

recognize that. Plus at UCLA clean up begins after violent clashes between

0:59.1

police and protesters. It's Thursday May 2nd. I'm Anne-Marie Fertulli for the Wall Street Journal.

1:05.0

This is the PM edition of What's News, the top headlines and business stories that moved the world today.

1:25.0

Cleanup crews were removing tents, wood and other debris this morning from the main lawn at the University of California, Los Angeles. Hours after police forcibly removed a pro-Palestinian encampment in one of the most violent episodes since college demonstrations

1:30.3

began last month. Today, in his first extended remarks on the college protests

1:34.9

President Biden stressed some limits to the right to free speech and

1:38.5

and condemned hate speech and violence. I understand people have strong

1:42.2

feelings and deep convictions. In America,

1:45.5

we respect the right and protect the right for them to express that. But it doesn't mean anything

1:51.5

goes.

1:53.1

It needs to be done without violence,

1:55.3

without destruction, without hate,

1:58.2

and within the law.

...

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