Drew Hinshaw

What does it tell you that the U.S.

's new business-first approach hasn't worked yet?

Is there anything to indicate that it might be different because it's America and not Europe?

That's all for today, Friday, December 5th.

Additional reporting in this episode by Benoit Faucon, Rebecca Ballhaus, and Thomas Grove.

The Journal is a co-production of Spotify and The Wall Street Journal.

The show is made by Catherine Brewer, Pia Guidcari, Isabella Gepal, Sophie Codner, Ryan Knudsen, Matt Kwong, Colin McNulty, Annie Minoff, Laura Morris, Enrique Perez de la Rosa, Sarah Platt,

Alan Rodriguez-Espinosa, Heather Rogers, Piers Singhi, Jeevika Verma, Lisa Wang, Katherine Whalen, Tatiana Zamise, and me, Jessica Mendoza.

This is our senior producer, Rachel Humphries, last week with us.

Rachel, we're so grateful for what you've brought to the show.

Good luck, and we'll miss you very much.

Our engineers are Griffin Tanner, Nathan Singapak, and Peter Leonard, with help this week from Sam Baer.

Our theme music is by So Wiley.

Additional music this week from Peter Leonard, Billy Libby, Bobby Lord, Emma Munger, Griffin Tanner, Nathan Singapak, and Blue Dot Sessions.

Fact-checking this week by Mary Mathis.

Thanks for listening.

See you on Monday.