Alex Ossola
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In the latest What's News and Earnings, we dive into what's behind the booming Wall Street operations of the country's biggest banks, and the risks bankers are looking at this year.
That's in your What's News feed now.
In other earnings news, Charles Schwab says its fourth quarter profit rose 34 percent to almost $2.5 billion.
A surge in activity from individual investors, particularly young ones, helped boost Schwab's trading revenue by 22 percent for the quarter.
While Johnson & Johnson reported higher revenue and profit for the latest quarter, with a boost from higher sales of drugs that treat cancer and autoimmune conditions.
The company also issued a forecast for 2026 that topped Wall Street expectations.
And Amazon is going big on bricks and mortar, launching its largest ever store.
The proposed store will be outside Chicago and at 230,000 square feet will dwarf the average Walmart and fit almost two whole average-sized Target stores.
It'll sell groceries and other goods in half the store, and the other half will be used for fulfilling orders, which shoppers can make online or in the store itself.
The store could open as soon as next year, and people familiar with the matter say Amazon is also planning to open other big-box stores in the U.S.
A tough job market has a lot of white-collar workers feeling stuck.
At the same time, America's traditional blue-collar industries are facing a labor shortage.
So is it time for some white-collar workers to consider another path?
Our producer Daniel Bach asked the journal's on-the-clock columnist Callum Borshers about what it would take to make the switch.
That was On the Clock columnist Callum Borshers speaking to producer Daniel Bach.
And that's what's news for this Wednesday afternoon.
Today's show is produced by Pierre Bien-Aimé with supervising producer Tali Arbel.
I'm Alex Zosola for The Wall Street Journal.
We'll be back with a new show tomorrow morning.
Thanks for listening.