Luke Vargas
👤 SpeakerAppearances Over Time
Podcast Appearances
Posting on X, Secretary of Homeland Security Kristi Noem said he entered the U.S.
through the DV1 Diversity Lottery immigrant visa program in 2017 and said she'd ordered a pause in the program at President Trump's direction.
In a closely watched case that had highlighted tensions around the Trump administration's deportation push, a Wisconsin state judge has been found guilty for her role in helping a defendant in her courtroom avoid immigration agents.
Hannah Dugan was arrested and charged in April by federal authorities who allege she directed Eduardo Flores Ruiz to leave her courtroom when she knew ICE agents were in the courthouse.
Flores Ruiz was facing three domestic assault charges and was in the country illegally.
Dugan now faces a maximum sentence of five years in prison.
Attorneys for Dugan didn't immediately return a request for comment.
Turning to business news, we are exclusively reporting that OpenAI aims to raise as much as $100 billion to pay for its ambitious growth plans in a market that started to cool on the artificial intelligence boom.
The fundraising round is said to be in the early stages and could value the company at as much as $830 billion.
CEO Sam Altman has already scoured the world to build its investor pool, and as the journal previously reported, the company is also weighing a potential IPO.
Well, elsewhere, the AI gold rush is showing no signs of letting up, as chipmaker Micron's blowout earnings this week proved.
The company posted record revenue and operating income for its fiscal first quarter late on Wednesday, and its revenue forecast topped analysts' expectations by a massive 30 percent.
But as Journal Heard on the Street tech columnist Dan Gallagher told our tech news briefing podcast, that good news for investors could mean higher consumer electronics prices next year.
Coming up, why Japan's interest rate hikes could eventually be felt in the U.S.
And why now might be the best time to grab a few extra bottles of your favorite European wine after the break.
Let us head to Tokyo now, where the Bank of Japan today raised its benchmark interest rate to three-fourths of one percent.
That decision was expected.
But as Journal Tokyo Bureau Chief Jason Douglas is here to discuss, it makes the move no less consequential for Japan or perhaps for global markets.
Jason, first off, let's just get to the Japanese context here.
This is now the fourth rate hike we've seen in less than two years.