DOJ Career Staffers Were Surprised by Decision to Allow Paramount-Warner Deal
6/15/202613 min
P.M. Edition for June 15. We’re exclusively reporting that Justice Department staffers investigating the merger between Paramount and Warner Bros. Discovery didn’t have an opportunity to object before the DOJ allowed the deal. Plus,news of the preliminary peace agreement between the U.S. and Iran sent stock markets soaring and oil prices sliding–though as WSJ energy markets reporter Rebecca Feng discusses, fully reopening the Strait of Hormuz may take a while. And two new blood tests can help diagnose Alzheimer’s disease. Journal health and wellness reporter Alex Janin says not everyone should take them, despite consumers’ growing interest in their own health. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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First 90 secondsSpeaker 10:00
Access to affordable credit helps me pay my employees, but I don't really need it.
Speaker 20:04
Inflation is killing me. [laughs] But who cares? Big retailers are making record profits. That's why we support the Durbin-Marshall CARD Act bill.
Speaker 10:14
See, banks and credit unions help small businesses make payroll. This bill would cut the vital resources they need.
Speaker 20:20
While increasing mega store profits. They deserve it, don't they?
Speaker 30:25
[laughs] Tell Congress, stop the Durbin-Marshall money grab for corporate mega stores. Paid for by the Electronic Payments Coalition.
Alex Ossola· Host0:31
[instrumental music] Fox is acquiring streaming service Roku in a $25 billion deal, its largest ever. Plus, a big stock market rally today, while oil falls to its lowest level since March. And new blood tests can help detect if you have Alzheimer's, but who should get one?
Alex Janin0:50
Neurologists say that, you know, more information is not always better, especially if we can't act on it, but some people say, "I, I just wanna know as much as I can, and I'll figure out what to do later."
Alex Ossola· Host1:00
It's Monday, June 15th. I'm Alex Osula for The Wall Street Journal. This is the PM edition of What's News, the top headlines and business stories that moved the world today. [instrumental music] Today, media company Fox said it's acquiring Roku in a deal valued at $25 billion. It's Fox's largest deal to date, and a bet on a streaming future that runs on advertising. Roku