The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of S...
In recent years, most home insurers were fleeing areas of California with high risk for wildfires. But State Farm was there, dominating the market. Then, just months before the devastating L.A. fires, the company dropped 30,000 homeowners from their books. WSJ’s Jean Eaglesham explains how the risk that State Farm unloaded is now a problem for the rest of California.
Further Reading:
-State Farm Was All In on California – Until it Pulled the Plug Before the Fires
-Insurers’ Rule Change Puts California Homeowners on the Hook for L.A. Fire
Further Listening:
-Their L.A. Neighborhood Burned. Two Residents Find What’s Left.
-Insuring a Home in California Is Getting Harder
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
20:51
The Life and Death of a Boeing Whistleblower
John Barnett worked at Boeing for nearly 30 years. Before he left the company, he filed a whistleblower complaint, alleging he was retaliated against for raising safety concerns. Last March, after two days of testimony, he was found dead in his truck. Police ruled his death a suicide. We tell the story of Barnett’s life, and death, as a Boeing whistleblower.
Further Reading:
- Boeing CEO Apologizes to MAX Crash Families, Calls Culture ‘Far From Perfect’
- The Disarray Inside Boeing’s 737 Factory Before the Door Plug Blowout
- Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual
Further Listening:
- The Failures Inside Boeing's 737 Factory
- A Hole in a Plane and a Headache for Boeing
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
44:15
The 20,000 Steps to a Walmart Manager's Six-Figure Salary
We’re off for Presidents Day, but we wanted to reshare this episode.Walmart is offering higher pay, bonuses and more stock options this year to retain and attract managers. WSJ’s Sarah Nassauer spent a day with one manager, Nichole Hart, to understand why the job is commanding such a high salary these days, and why Hart logs about 20,000 steps a day.This episode was originally published in May 2024.
Further Reading:
-A Day in the Life of a Walmart Manager Who Makes $240,000 a Year
-Walmart Takes On Trader Joe’s and Whole Foods With New Premium Brand
Further Listening:
-What Walmart’s Aisles Say About the American Consumer
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
19:55
The U.S. Spent Billions Fighting AIDS. What Now?
At the beginning of his presidency, Donald Trump suspended most U.S. foreign aid, causing vast confusion and concern around the world. One affected program was PEPFAR, the bipartisan initiative that works to fight HIV/AIDS globally. WSJ’s Nicholas Bariyo from Uganda and Michael M. Phillips from Kenya report. And we hear from Karl Hoffman, the CEO of the public health organization HealthX Partners.
Further Listening:
-Inside USAID as Elon Musk and DOGE Ripped It Apart
Further Reading:
-Trump Aid Whiplash Hits Refugees, AIDS Patients Worldwide
-Trump Order Freezing Foreign Aid Halts Programs Worldwide, Prompts Confusion and Rush for Waivers
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
21:42
Trump 2.0: The Musk-Trump Bromance
It’s been a busy month in D.C. for Elon Musk. WSJ’s Tim Higgins joins Ryan Knutson and Molly Ball to discuss what Musk’s strategies as a CEO can tell us about his plans for DOGE and the federal government. Plus, we get into Trump’s relationship with the judiciary and take a question from a listener about American expansionism.
Further Reading:
-Musk Brings His Business Playbook to Washington: Move Fast and Claim Victory
-DOGE, Musk and Trump—Our Reporters Answered Your Questions
Further Listening:
-R.I.P. CFPB?
-Trump 2.0: Less Foreign Aid, More Tariffs
Learn more about your ad choices. Visit megaphone.fm/adchoices
The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.
Get show merch here: https://wsjshop.com/collections/clothing