Luke Vargas
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Podcast Appearances
In a first for a sitting president, the Treasury Department says that President Trump's signature will appear on new U.S.
paper currency, honoring the country's 250th anniversary later this year, with it sitting beside the signature of Treasury Secretary Scott Besant.
Typically, it's the treasurer's signature that appears on bills alongside the Treasury Secretary.
Elon Musk's SpaceX is expected to file paperwork with regulators for its highly anticipated IPO in the coming days, targeting a mid-June market debut.
We report that the rocket and satellite company is expected to raise between $40 and $80 billion, and that Musk aims to deliver a third or more of shares sold in the offering to individual investors, well above the typical 10%.
SpaceX is also planning to give preferential treatment to investors in Musk's other companies, including Tesla, and to invite would-be investors to visit manufacturing facilities and possibly witness rocket launches.
As the drinks industry grapples with slowing sales, Paris-based drinks giant Pernod Ricard and Louisville-based Jack Daniels maker Brown Foreman are in talks to merge.
The journal's Ben Dumit says that the families behind the two companies would likely each retain significant stakes in any deal, which could be just weeks away.
And finally...
it's about to cost you a little bit more to Netflix and chill.
Man, that joke is old.
Netflix is raising prices across all three of its tiers, with standard plans increasing by a dollar and the monthly cost of its premium package jumping by two.
Netflix in January said it surpassed 325 million paid members and attributed strong Q4 results, among other things, to increases in prices.
And that's it for What's News for this Friday 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 will be back tonight with a new show.
Otherwise, have a great weekend and thanks for listening.