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The Journal.

The Journal.

The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Gimlet Media and The Wall Street Journal.


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The Creator of the Record-Setting Covid Vaccine

Pfizer and BioNTech asked the Food and Drug Administration today to authorize their Covid-19 vaccine. We talk with the visionary scientist who developed the vaccine, Dr. Ugur Sahin, and the WSJ's Bojan Pancevski about what could be the fastest vaccine ever developed and approved.
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While Airlines Shrink, Southwest Goes Big

While most airlines are parking planes and cutting costs, Southwest is starting flights to 10 new airports. WSJ's Alison Sider explains why Southwest is expanding and how the company has used this strategy before.
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How Fraud and Waste Seeped Into a Covid Stimulus Program

The Paycheck Protection Program was supposed to save small businesses after Covid-19 shut down the economy. Its legacy is more complicated. WSJ's Ryan Tracy walks us through the mounting cases of PPP fraud and whether the program ultimately proved effective.
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Georgia's Secretary of State Defends the Election

Secretary of State Brad Raffensperger is managing Georgia's hand recount. We speak with him about how it's going and how he's countering the criticism from fellow Republicans about the election he ran earlier this month.
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Why the Biggest IPO Ever Blew Up

Ant Group, a giant Chinese financial technology company, was days away from a $34 billion IPO when things came to a sudden stop. WSJ's Jing Yang explains why it all unraveled.
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Would a Biden Administration Push for Covid Lockdowns?

As new U.S. coronavirus cases and hospitalizations reach record highs, we talk with Dr. Celine Gounder, a member of president-elect Joe Biden's Covid-19 advisory board. She explains how a Biden administration will handle the pandemic and what Americans need to do to get the virus under control.
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The Agency Holding Up Biden's Transition

President-elect Joe Biden is setting up his administration, but he's still waiting on the sign off of a federal agency to get the resources he needs. WSJ's Andrew Restuccia explains the role of the General Services Administration in the presidential transfer of power.
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The Next Challenge for Pfizer's Covid Vaccine

Pfizer announced that its Covid-19 vaccine was more than 90% effective in final stage trials. We talk to WSJ's Jared Hopkins about what still needs to happen before the FDA approves the vaccine and the biggest obstacles ahead for distributing a vaccine across the globe.
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The Iowa Pollster Who Got It Right

Joe Biden's win was much closer than polls predicted, but not every pollster emerged from Election Day with a black eye. Iowa's Ann Selzer was right on the money. We talk to Iowa's queen of polling about how she got it right.
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Joe Biden Wins the Presidency

Joe Biden has been elected the 46th president of the United States. WSJ's Sabrina Siddiqui explains how Biden built a coalition to unseat President Trump and what his history in public office tells us about how he might govern.
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Inside Pennsylvania's Vote Count

As ballot counting stretched into a fourth day, WSJ's Kris Maher explains why the count is taking so long and describes his visit to a ballot counting facility in Erie, Pa. earlier this week.
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Democrats Spent Big on the Senate. It Didn't Go Well.

Democrats poured record-setting sums into Senate races around the country but came up short. WSJ's Siobhan Hughes explains why Democrats thought they could win big and what happens with some races still uncalled.
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A Close Election and the Legal Challenges Ahead

The presidential election is still too close to call in a few crucial swing states. WSJ's Michael Bender explains the state of play and Michael Amon looks ahead to possible legal challenges and recounts.
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Special Election Episode: How the Night Unfolded

What happened last night? Our reporters took us on the ground with both campaigns as the results came in.
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Election Day in Three Battleground States

It's Election Day, and all eyes are on the battleground states that will likely decide the next president. WSJ reporters on the ground in Texas, Georgia and Pennsylvania talk about what they're seeing and how voters are feeling.
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California Votes on the Gig Economy

California is voting on how companies classify gig workers, a measure that has become the most expensive ballot proposition in the state's history. WSJ's Preetika Rana explains what's at stake for companies like Uber and Lyft and why the outcome could matter to drivers and customers everywhere.
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What to Watch for on Election Day

Election Day is just days away. We talk with veteran WSJ political reporter Catherine Lucey about what to pay attention to as America goes to the polls.
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Covid's Grip on a Rural Hospital

A small North Dakota hospital system that went months without a coronavirus case is now facing a serious outbreak. We speak with CEO Matt Shahan about how the virus is affecting his hospital and community.
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Tech CEOs Defend Their Efforts to Police Online Content

Lawmakers questioned the CEOs of Facebook, Google and Twitter over how they shape discourse online. WSJ's Robert McMillan explains why a recent New York Post story about Hunter Biden put the CEOs in the hot seat.
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Trump Versus Biden on the Economy

President Donald Trump and former Vice President Joe Biden are approaching a key issue - the economy - in different ways. WSJ's Jon Hilsenrath looks at President Trump's economic record and talks us through both candidates' economic plans.
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Waiting Up Late for Wisconsin

With a historic number of mail-in ballots in Wisconsin this year, it may take a while before we know who's won the state and, perhaps, the presidency itself. We talk with Wisconsin's chief elections official about how she's preparing.
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Quibi's Quick Collapse

The streaming platform Quibi broke onto the scene earlier this year with tons of cash and a Hollywood visionary at the helm. Six months later, the company is shutting down. WSJ's Benjamin Mullin talks through the high hopes for Quibi and the platform's dramatic fall from grace.
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A Billionaire's Plan for Mass Covid Testing

Tech entrepreneur and philanthropist Graham Weston caught Covid from an asymptomatic carrier. Now, he's embarking on a mission to control the virus through cheap, widespread testing - starting off in one Texas town. WSJ's Rob Copeland explains the experiment.
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Inside One NBA Team's Decision to Turn Its Arena Into a Poll Site

The Atlanta Hawks decided to turn their basketball arena into a voting site in response to the George Floyd protests. CEO Steve Koonin talks about what went into that transformation and what it means for a private company to get involved in an election.
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The Government Sues Google

The Department of Justice filed a landmark antitrust lawsuit against Google, accusing the company of maintaining an illegal monopoly in online search. WSJ's Brent Kendall explains what's at stake.
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A String of Scandals, the Same Auditor

Several recent corporate financial scandals have had one thing in common: the main companies involved were all audited by Ernst & Young. WSJ's Ken Brown explains how problems at one of the world's largest accounting firms might signal issues for the wider world of auditing.
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Melinda Gates on What Covid Has Exposed

Melinda Gates has been involved in distributing hundreds of millions of vaccine doses. Kate talks with her about how now, she's focused on the coronavirus and the inequities the virus has revealed. To hear our full interview with Melinda Gates, you can join the WSJ Tech Live Conference at
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Why an Atlanta Rap Mogul Is Starting a Bank

Atlanta rapper Killer Mike recently launched a digital bank to serve communities of color. He explains why he started the bank and why Black banks are so important in closing the racial wealth gap.
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Why Some People Have to Repay Pandemic Aid

States rushed to distribute unemployment benefits to millions of people in the spring. In the process, thousands received more money than they should have. WSJ's Lauren Weber explains how some states overpaid pandemic assistance and why they're now asking for that money back.
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The Trump Organization's Debts Are Coming Due

The Trump Organization has over $400 million worth of debt coming due over the next several years. WSJ's Brian Spegele explains the debts and the myriad challenges that will come with refinancing if President Trump wins a second term.
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What Amy Coney Barrett's Confirmation Hearing Could Look Like

Next week, Judge Amy Coney Barrett will face senators during her Supreme Court confirmation hearing. WSJ's Siobhan Hughes looks back at Barrett's previous confirmation hearing in 2017 for clues about how she might handle next week's questioning.
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What's a Movie Theater Without New Movies?

Regal Cinemas is shutting down across the U.S. today for the second time in the pandemic. We speak with the head of Regal, Mooky Greidinger, about what caused him to pull the plug and what's needed to reopen the theaters.
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How Russia Today Keeps Reaching U.S. Readers

Headlines from RT, a Kremlin-backed outlet, have appeared on the websites of prominent U.S. publications. WSJ's Keach Hagey explains how a news aggregator dominated by conservative media sites has helped RT reach U.S. readers.
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How Trump's Illness Is Shaking Up the Campaign

President Trump's illness is pushing Vice President Mike Pence into a larger role in the campaign. WSJ's Andrew Restuccia explains how the president's diagnosis is changing the race and previews the vice presidential debate Wednesday.
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Could Ex-Felons Sway the Election in Florida?

After Florida granted the right to vote to felons who've completed their sentence, the state legislature passed a law requiring them to pay off all fees, fines and restitution first. WSJ's Jon Kamp and Coulter Jones describe the scramble to raise money and the ramifications for the election.
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The Days Before Trump's Positive Test

President Trump has tested positive for Covid-19 and is displaying mild symptoms, according to the White House. WSJ's Rebecca Ballhaus takes us through Trump's packed schedule over the past few days and explains what his diagnosis may mean for his campaign.
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Why Are There Still So Few Black CEOs?

There are only four Black CEOs in the Fortune 500. What's stopping Black professionals from getting the top jobs? Dr. Adia Wingfield explains the concrete ceiling many Black workers face, and Telisa Yancy, COO at American Family Insurance, tells her story of making it to the top.
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A TikTok Star Wrestles With the App's Possible Ban

Michael Le is one of TikTok's biggest stars, and he's leveraged that fame to buy a house and support his entire family. Now, President Trump's potential ban of the Chinese social media app is putting all that at risk. Le talks about his rise to fame on TikTok and what his plan B looks like.
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Louisville's New Police Chief on Breonna Taylor and Reform

The police shooting of Breonna Taylor has put a spotlight on Louisville, Ky. and its police department. We speak with Yvette Gentry, the city's incoming police chief, about how she hopes to change the department.
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Why a Hot Electric-Truck Startup Fell Back to Earth

The electric-truck startup Nikola promised to transform trucking with clean technology. WSJ's Christina Rogers explains why Nikola is now scrambling to address serious questions about its business.
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Voices From the Pandemic, Six Months In

Back in March, The Journal began talking to people around the country about how the coronavirus was reshaping their lives. Six months into the pandemic, we call them back to ask how they're coping now.
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A State Prepares for Election Day

The pandemic is forcing election officials across the U.S. to prepare for unprecedented numbers of mail-in ballots while also ensuring that in-person voting is safe. We speak with the chief elections official in North Carolina about whether the state is ready.
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The Biggest IPO Boom in Years

When the stock market went plummeting in March, many companies shelved plans to go public. Just six months later, we're in the middle of a historic IPO boom. WSJ's Corrie Driebusch explains what is driving the rush to go public and some of the unique ways that people are cashing in.
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Exxon's Stunning Decline

Just seven years ago, Exxon was the biggest company in the U.S. Since then, it's lost about 60% of its value. WSJ's Christopher Matthews tells the story of the oil giant's rapid fall.
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The Fight Over Ginsburg's Supreme Court Seat

Justice Ruth Bader Ginsburg's death injected the prospect of a bitter nomination fight into the final weeks of the presidential campaign. WSJ's Siobhan Hughes explains the origins of that fight, and Viveca Novak looks at how it could affect the cases before the court this year.
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Checking Out of Hotel 166

As coronavirus spread through homeless shelters this spring, many cities moved people to hotels to keep them safe. A group of doctors running one hotel in Chicago saw an opportunity: With new funding, they tried to find housing for the hotel residents in under four months. WSJ's Joe Barrett has been following their effort, and Dr. Tom Huggett talks about what it took to meet the deadline.
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Fauci on the Timing and Limits of a Covid Vaccine

An interview with Dr. Anthony Fauci about when he expects a Covid-19 vaccine will be ready and what life may be like once we have it.
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Will Oracle Save TikTok?

Bidders piled in to buy TikTok after the Trump administration forced a sale. But the unlikely winner of the bidding war is a database management company. WSJ's Brad Reagan unpacks why even this outcome may not be enough to save TikTok.
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How a Deal to Buy Tiffany Lost Its Sparkle

The conglomerate LVMH struck the largest acquisition deal in the history of the luxury goods industry last year, agreeing to purchase Tiffany & Co. for $16.2 billion. Last week, LVMH announced it was backing out of the deal. WSJ's Matthew Dalton walks us through how the historic deal has gone awry.
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Oregon's Historic Wildfires

Oregon's wildfires have taken at least 10 lives, destroyed thousands of homes and burned more than a million acres. The state's director of Emergency Management shares how the state is responding to this fire and preparing for worse fires in the future.
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