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WSJ Minute Briefing

Iran Dismisses U.S. Peace Plan

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 25 March 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: President Trump plans to name some of the biggest names in business to a tech advisory panel. And drugmaker Merck acquires Terns Pharmaceutical for $6 billion to gain access to a promising cancer treatment. Alex Ossola 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

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0:08.0

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0:22.5

the best chance to grow. Search Vanguard investor to learn more. When investing, your capital is at risk.

0:28.5

Tax rules apply.

0:32.9

Here's your midday brief for Wednesday, March 25th. I'm Alex Osala for the Wall Street Journal.

0:39.8

Iran has dismissed the Trump administration's 15-point plan to end the war and says it amounts to a wishlist of objectives that haven't been achieved militarily.

0:48.9

Iran set out its own conditions for a ceasefire via a state broadcaster, including an end to a tax by the U.S. and

0:54.9

Israel, financial compensation for damages caused by the conflict and sovereignty over the

0:59.3

Strait of Hormuz.

1:01.1

President Trump has installed some of the biggest names in business to a technology

1:05.2

counsel to weigh in on AI policy and other issues.

1:08.6

Some of those names include META CEO Mark Zuckerberg, Oracle Executive

1:12.4

Chairman Larry Ellison, and NVIDIA CEO Jensen Wong. And Merck has agreed to a nearly

1:18.2

$6 billion cash deal to acquire the California biotech firm turns pharmaceutical to gain

1:23.9

access to a promising experimental pill for chronic myeloid leukemia.

1:28.4

Merck's top-selling drug, Ketruda, is losing patent protection in 2028,

1:32.8

which could mean a big chunk of lost revenue for Merck.

1:36.0

Analysts say the new leukemia treatment could become a blockbuster,

1:39.3

with more than $2 billion in annual sales.

1:42.6

Heads up, an artificial intelligence tool helped us make this episode by creating summaries

1:46.7

that were based on WSJ reporting and then reviewed and adapted by an editor.

...

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