Fears of a Shutdown Ease After White House Meeting

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 27 February 2024

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

P.M. Edition for Feb. 27. Congressional leaders emerged from a White House meeting on Tuesday optimistic they would reach a deal to avert a government shutdown. Congressional reporter Siobhan Hughes has more. Plus, hotels are still struggling with staffing shortages, which could mean higher travel prices. Reporter Will Feuer explains. And Macy’s plans to close 150 stores as part of a turnaround plan. Retail reporter Suzanne Kapner has the details. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	NetSuite by Oracle, the number one cloud financial system is everything you need to grow all in one place, financials, inventory, HR, and more.
0:11.0	Make better decisions faster so you can do more and spend less.
0:13.0	less.
0:15.0	See how at Net Suite.com slash minute.
0:19.0	That's Net Suite.com slash minute. A White House meeting leaves lawmakers optimistic about
0:28.8	averting a government shutdown and hotels are still struggling with staff shortages that could push up prices.
0:35.0	Many workers are still kind of skeptical of the industry and don't really want to return after there were obviously mass layoffs in 2020.
0:42.0	So there's a lot of distrust among workers and employees. after there were obviously mass layoffs in 2020.
0:42.8	So there's a lot of distrust among workers and employers.
0:45.8	Plus, Macy's plans to close 150 stores.
0:49.0	Well, its turnaround strategy work.
0:51.1	It's Tuesday, February 27th. I'm Anne Murray Fertoli for the Wall Street Journal.
0:55.0	This is the PM edition of What's News, the top headlines and business stories that moved the world today.
1:11.0	fears of a partial U.S. government shutdown are easing after a White House meeting earlier today.
1:16.0	House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer said they were optimistic
1:20.0	about reaching a deal in the coming days.
1:22.0	Congress has until Saturday at 12.01 a.m.
1:25.0	to fund several agencies that have been operating on temporary extensions
1:28.0	since September 30th.
1:30.0	Joining me now from the Capitol is Wall Street Journal congressional reporter
1:33.2	Chvonne Hughes.
1:34.6	Chvonne this morning it seemed like the prospect of a temporary shutdown was
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.