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WSJ Your Money Briefing

Skipping an Appointment? It Could Cost You.

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 6 May 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

More businesses are charging customers fees for missing an appointment or showing up late. Wall Street Journal personal-finance reporter Imani Moise joins host J.R. Whalen to discuss what consumers can do about it. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Tn B. Tech Minute gives you the day's top tech headlines, from the big names in Silicon Valley to the

0:05.9

halls of power. If it's making news in tech, we've got it. Check out Tn B. Tech Minute in the

0:11.4

tech news briefing feed from the Wall Street Journal.

0:14.0

Here's your money briefing from Monday, May 6th.

0:21.0

I'm J.R. Whelan for the Wall Street Journal.

0:25.0

If you've ever ghosted your friends, you probably got an earful, maybe some dirty looks.

0:31.0

But being a no-show for a service appointment, that could cost you

0:35.4

actual money.

0:36.8

These fees are a new solution to an old problem.

0:40.3

If you could think back to a few decades ago, if a barber had a client not show up, it would have taken a lot of effort on his part to track that person down and then it would be an awkward confrontation to recoup whatever he perceives as the value of his time, but now it's as easy as hitting a button.

0:56.3

Our personal finance reporter, Amani Moise, will be here to talk about late and no-show fees and how you can wiggle out of them after the break.

1:06.3

So how do we get AI right?

1:11.6

Well we need the right volume of data,

1:14.6

the software to train it,

1:16.2

and massive compute power, or...

1:19.2

Another one bites the dust.

1:21.2

Are you ready?

1:22.0

Hey, are you ready for this? Are you hanging on the

1:24.3

edge of your seat? But with HPE Green Lake, we get access to supercomputing to power

1:28.6

AI at the scale we need, helping generate better insights.

1:31.8

All right.

1:34.7

Nice teamwork guys.

...

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