Wildfires Intensify Around Los Angeles

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 8 January 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

P.M. Edition for Jan. 8. Two people are dead and thousands ordered to evacuate as multiple blazes in Los Angeles County push firefighting resources to their limits. WSJ reporter Sara Randazzo reports from Pasadena. And a prominent Chinese economist made comments about his country’s government last month, infuriating Chinese leader Xi Jinping. Chief China correspondent Lingling Wei tells us what this says about the state of the Chinese economy. Plus, with lots of office space sitting empty, Wall Street Journal reporter Peter Grant joins us to talk about the top-tier space in high demand. Alex Ossola 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 Curry's Business.
0:03.1	Whether you run a bustling cafe, a busy office or an inspiring classroom,
0:07.2	Curry's Business has the tech for your 2025 business plans.
0:11.0	Upgrade with their January epic deals with up to 30% off hundreds of products,
0:15.6	from laptops to TVs, connected mobile to coffee machines.
0:19.4	Shop at business.curries.co.com.
0:21.2	Visit your local hub or call their UK-based specialist business center.
0:26.1	Curry's business, powering your business in 2025.
0:33.0	Wildfires around Los Angeles are spreading, covering tens of thousands of acres and leaving
0:37.8	at least two people dead.
0:39.6	We hear from our reporter on the scene.
0:42.0	And why Xi Jinping is punishing one of China's top economists and what that could mean for
0:47.3	investors.
0:47.8	The Chinese market has become so much more opaque.
0:52.0	It is a problem for investors both inside and outside China to
0:57.4	understand what's going on there. Plus, though lots of offices are still sitting vacant,
1:02.8	certain spaces are seriously in demand. It's Wednesday, January 8th. I'm Alex Sosola for the
1:08.7	Wall Street Journal. This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:16.6	Multiple wildfires are devastating the Los Angeles area and stretching the region's firefighting resources to their limits.
1:23.2	There are now at least four fires, the palisades, Eaton, Hearst, and Woodley fires. They're covering
1:28.4	more than 20,000 acres as firefighters contend with strong winds and low humidity. The Los Angeles
1:34.5	Fire Department says that as of this morning, fires have destroyed over a thousand structures
	...

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