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WSJ What’s News

Online Shopping Didn’t Kill Retail. In Fact, It’s a Savior.

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 10 May 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

A.M. Edition for May 10. With a $320 million dollar floating pier on the Mediterranean just days away from operating, U.S. officials say key details about how aid will be delivered to Gaza have yet to be ironed out. Plus, Apple apologizes for its new iPad advert that critics say represents AI’s ability to crush human creativity. And WSJ reporter Kate King explains why our online shopping behavior might actually be saving bricks-and-mortar retail. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Oracle.

0:03.0

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0:08.9

Time to upgrade to Oracle Cloud Infrastructure, or OCI.

0:13.4

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0:18.7

with AI built in.

0:20.4

Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing.

0:25.0

Take a free test drive at oracle.com slash Spotify.

0:29.0

President Biden's threat to pause weapons deliveries to Israel stirs concerns about a

0:37.6

rupture in relations. Plus Apple apologizes for an ad campaign seen by some as cheering AI's replacement of

0:46.1

human creativity and why online shopping is helping to keep the lights on at

0:51.7

Main Street stores.

0:53.0

The cost of attracting customers online through advertising really skyrocketed.

0:58.5

So some retailers realized it was more cost effective to have kind of a hybrid of an online and in-person presence.

1:06.1

It's Friday, May 10th. I'm Luke Vargas for the Wall Street Journal and here is the AM edition of What's News,

1:13.3

the top headlines and business stories

1:15.2

moving your world today.

1:17.3

The US has said it would soon

1:20.3

begin using a 320 million dollar floating pier to deliver aid for the Gaza Strip

1:26.1

in a test of President Biden's promise to ease the humanitarian crisis in the territory.

1:31.4

However, U.S. officials said that key details, including in the from operation. Meanwhile, Biden's threat to freeze weapons deliveries to Israel, should it launch a major

1:47.1

assault on the city of Rafa, is raising alarm in the country over a rupture in relations

1:52.3

with its most important

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