Largest U.S. Healthcare Strike on Record Underway

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 4 October 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Oct. 4. More than 75,000 nurses, pharmacists and other Kaiser Permanente employees walked off the job today, in a dispute over wages and staffing. Hospital industry reporter Melanie Evans has more. And the prosecution and defense make their opening arguments in the criminal trial of FTX founder Sam Bankman-Fried. Cryptocurrency reporter Caitlin Ostroff has the details. Plus, in a boost for Ukraine, Russia withdraws much of its Black Sea Fleet from its main base in Crimea. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Get a better grip on the markets.
0:02.7	WSJ's Take on the Week is here to give you a look ahead to the most important events
0:07.8	on the economic and business calendar and what they mean for your money and investments.
0:13.1	Subscribe wherever you listen to podcasts.
0:22.1	The largest US health care strike on record is underway and a Manhattan jury hears opening
0:27.6	statements in the trial of FTX founder Sam Bankman Freed, what both sides are saying.
0:33.4	Plus, why more homeowners are turning to last resort insurance policies.
0:37.7	These plans were deliberately designed to sometimes have very limited coverage or to be
0:42.8	high rates so they weren't competing with private insurers.
0:45.8	It's Wednesday, October 4th.
0:47.6	I'm Ann Marie for Toley for the Wall Street Journal.
0:50.0	This is the PM edition of What's News, the top headlines and business stories that
0:54.4	moved the world today.
0:57.8	As you may have heard on this morning show, tens of thousands of employees at Kaiser Permanente
1:07.6	health care system were prepared to strike.
1:10.1	And earlier today, more than 75,000 nurses, pharmacists and other employees did indeed walk
1:16.2	off the job after their contracts expired and without a deal between the unions and management
1:21.1	on issues including wages and staffing.
1:23.2	The strike is scheduled to last as long as three days.
1:26.1	Here now with more is our hospital industry reporter Melanie Evans.
1:30.0	Melanie, this is a lot of health care workers.
1:32.1	What areas and facilities are impacted?
	...

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