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Republican Nikki Haley plans to enter the 2024 race for president,

plus why Warren Ukraine hasn't been a boon to US defense companies so far,

and fresh competition in the US drug market.

Humira, it's been the US's biggest selling drug for years.

So if there's a way to reduce how much we spend on Humira,

it will have this huge ripple effect.

It's Wednesday, February 1st. I'm Luke Vargas with the Wall Street Journal,

and here's the AM edition of What's News.

The Top Headlines and Business Stories Moving Your World Today.

Former South Carolina governor and UN ambassador Nikki Haley

is planning to enter the race for the 2024 presidential nomination.

That is, according to a person familiar with her plans,

who said that Haley intends to launch her White House bid on February 15th.

Haley was a critic of former president Donald Trump before becoming

his UN representative for two years.

Trump so far remains the only announced Republican presidential candidate.

President Biden is expected to announce today a proposed rule to limit the late fees

that credit card companies can charge customers according to the White House.

Administration officials say the rule, put forward by the Consumer Financial Protection Bureau,

...