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WSJ Minute Briefing

Hurricane Melissa, Now Category 5 Storm, Barrels Down on Jamaica

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 27 October 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Japanese Emperor Naruhito hosts President Trump in an attempt to warm relations. And Carter’s closes around 150 stores and reduces its workforce by roughly 15%. Zoe Kuhlkin hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

As companies seek to close growing gaps in skills and talent,

0:04.0

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

0:10.0

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain? By performing a

0:21.6

skills inventory, leaders can truly understand where their efforts should be focused. Being blind

0:26.3

to those gaps is the real miss. Visit Deloitte.com to learn how your enterprise can help successfully

0:31.8

cultivate talent. Here's your midday brief for Monday, October 27th.

0:40.3

I'm Zoe Colkin for The Wall Street Journal.

0:43.3

Hurricane Melissa has strengthened to a Category 5 storm, which is expected to produce catastrophic

0:48.3

floods and cause heavy infrastructure damage across Jamaica.

0:52.3

The National Hurricane Center is projecting flash floods

0:55.1

and a life-threatening storm surge to sweep the southern coast with up to 40 inches of rain

1:00.3

expected in parts of the island. The Jamaican government has issued mandatory evacuation orders

1:05.3

for seven vulnerable communities. Storm models also predict Melissa will strike Haiti and the Dominican Republic by midweek.

1:14.1

Japanese Emperor Narohito welcomed President Trump to the Imperial Palace in Tokyo, a soft power

1:19.8

gesture intended to warm relations. The two leaders met for about 30 minutes behind closed doors,

1:25.6

with Trump calling the emperor a great man as he departed.

1:28.8

The royal treatment is a variation on what has become a recurring strategy in which hosts

1:33.4

provide lavish receptions to soften up the visiting U.S. president, with the goal of winning

1:38.3

relief from U.S. tariffs and lessening the demands that go with them.

1:43.5

And speaking of tariffs, the baby apparel company Carter's has been hit hard,

1:48.6

forcing the retailer to close approximately 150 North American stores

1:52.9

and reduce its office workforce by about 15%, eliminating roughly 300 positions.

...

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