Luke Vargas
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Restaurant Depot operates more than 160 large-format warehouse stores across 35 states and is expected to continue operating as a standalone business unit within Cisco after the deal closes.
And Eli Lilly has signed a drug discovery deal with Hong Kong-listed Insilico, worth as much as $2.75 billion, as the drugmaker continues to tap China's vast pharmaceutical research base.
As part of the deal, Eli Lilly will obtain exclusive worldwide rights to manufacture and sell a number of drugs discovered using Insilico's artificial intelligence model Pharma.ai.
The deal is part of Eli Lilly's plans to expand its supply chain capacity in the country and follows several high-profile deals with Chinese drug makers.
And that's it for What's News for this Monday morning.
Additional sound in this episode was from Reuters.
Today's show was produced by Hattie Moyer.
Our supervising producer was Daniel Bach.
And I'm Luke Vargas for The Wall Street Journal.
We'll be back tonight with a new show.
Until then, thanks for listening.
I think the potential of agentic is to rethink how work gets done overall.
It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.
Here is your morning brief for Friday, March 27th.
I'm Luke Vargas for The Wall Street Journal.
Republicans and Democrats in the Senate have reached a late-night deal to fund most of the Department of Homeland Security through the end of the fiscal year, with the exception of ICE and Border Patrol.
The agreement aims to end the crisis at airports nationwide, just as security workers were set to miss another paycheck.
The House is expected to act quickly today to pass the legislation, which contains no changes to immigration enforcement policy.
Anthropic has scored an early victory in its legal fight with the Pentagon after a federal judge issued an injunction against the Trump administration's designation of the company as a supply chain risk and a ban on government use of its models.
Judge Rita Lynn of the Northern District of California said those measures appear designed to punish Anthropic in a standoff over military use of AI and that the government trampled free speech protections.