Fighting Flares Up Again in the Middle East
5/4/20263 min
Plus: Anthropic is launching a joint venture with Wall Street. And profits from Tyson Foods’ chicken business are offsetting beef losses. continues to be squeezed by high cattle costs. Anthony Bansie hosts.
Sign up for WSJ’s free What’s News newsletter.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript preview
First 90 secondsSpeaker 00:00
Your teams spend more time searching for information than using it. Amazon Quick changes that. One intelligent assistant that connects all your company's data and turns answers into action instantly. aws.com/quick.
Anthony Bansie· Host0:14
[gentle music] Here's your midday brief for Monday, May 4th. I'm Anthony Bansie for the Wall Street Journal. Military tensions are flaring in the Strait of Hormuz. Several ships were struck while the US sent in destroyers and fought off further Iranian attacks. The American military said it successfully guided two US-flagged commercial ships through the strait. A senior official says US forces didn't physically escort the merchant vessels, but instead established a defensive shield using warships and aircraft to protect them. The skirmishing comes hours after President Trump announced a new initiative to get ships that have been bottled up in the Persian Gulf out through the crucial waterway. Iran says ships going through without its permission face serious risks. We're exclusively reporting that Anthropic is launching a one point five billion dollar joint venture with Blackstone, Goldman Sachs, and other Wall Street firms. The deal aims to create a consulting arm to sell artificial intelligence tools to private equity-backed companies. Anthropic's rival, OpenAI, is also in talks to form a rival joint venture with private equity firms. And Tyson Foods reported an overall profit of two hundred and sixty million dollars in its second fiscal