Luke Vargas

Hey, What's News listeners, it's Sunday, May 11th. I'm Luke Vargas for The Wall Street Journal, and this is What's News Sunday. We tackle big questions here, so we figured you'd like this episode of our sister podcast, Bold Names, where hosts Tim Higgins and Christopher Mims pose some big questions to the biggest names in business. This week, the online betting industry is growing.

Hey, What's News listeners, it's Sunday, May 11th. I'm Luke Vargas for The Wall Street Journal, and this is What's News Sunday. We tackle big questions here, so we figured you'd like this episode of our sister podcast, Bold Names, where hosts Tim Higgins and Christopher Mims pose some big questions to the biggest names in business. This week, the online betting industry is growing.

During this year's Super Bowl, gambling company FanDuel was winning big, 70,000 bets a minute big. And today we're bringing you Tim and Christopher's conversation with Peter Jackson, the CEO of FanDuel's parent company, Flutter. What does the man at the top have to say about one of the most profitable entertainment industries in the world and how technology is supercharging it?

During this year's Super Bowl, gambling company FanDuel was winning big, 70,000 bets a minute big. And today we're bringing you Tim and Christopher's conversation with Peter Jackson, the CEO of FanDuel's parent company, Flutter. What does the man at the top have to say about one of the most profitable entertainment industries in the world and how technology is supercharging it?

Chinese exports to the U.S. plunge as tariffs bite and Beijing looks to redirect more of its goods. Plus, President Trump puts the recently rejected millionaire tax back on the table. And teenage terrorists are becoming a growing threat to Europe's security.

Chinese exports to the U.S. plunge as tariffs bite and Beijing looks to redirect more of its goods. Plus, President Trump puts the recently rejected millionaire tax back on the table. And teenage terrorists are becoming a growing threat to Europe's security.

It's Friday, May 9th. I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today. Chinese exports to the U.S. plunged in April as the Trump administration's tariff assault forced the world's second-largest economy to redirect more of its goods to other markets.

It's Friday, May 9th. I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today. Chinese exports to the U.S. plunged in April as the Trump administration's tariff assault forced the world's second-largest economy to redirect more of its goods to other markets.

That's our Asia finance editor, Peter Landers, who notes that while exports to the U.S. slipped 21 percent, overall exports from China rose 8.1 percent from a year earlier.

That's our Asia finance editor, Peter Landers, who notes that while exports to the U.S. slipped 21 percent, overall exports from China rose 8.1 percent from a year earlier.

Shares of China's two top chip makers fell sharply this morning after they reported weak first quarter results and guidance. U.S. export restrictions are blocking Chinese companies' access to equipment that's needed for advanced semiconductors, driving increased domestic competition and hurting the sector's profitability.

Shares of China's two top chip makers fell sharply this morning after they reported weak first quarter results and guidance. U.S. export restrictions are blocking Chinese companies' access to equipment that's needed for advanced semiconductors, driving increased domestic competition and hurting the sector's profitability.

Weak pricing dragged on Chinese champion SMIC and smaller peer Huahong Semiconductor, even as they ramp up production under Beijing's push to bolster the domestic chip industry and turn it into a new growth driver. Meanwhile, top American tech execs told lawmakers yesterday that the U.S.

Weak pricing dragged on Chinese champion SMIC and smaller peer Huahong Semiconductor, even as they ramp up production under Beijing's push to bolster the domestic chip industry and turn it into a new growth driver. Meanwhile, top American tech execs told lawmakers yesterday that the U.S.

risks falling behind China if Washington doesn't streamline AI policy or loosen export controls on chips to friendly countries, curbs that the Trump administration said it was looking to overhaul earlier this week. Microsoft President Brad Smith said the AI race will be determined by whose technology is more widely adopted in the rest of the world.

risks falling behind China if Washington doesn't streamline AI policy or loosen export controls on chips to friendly countries, curbs that the Trump administration said it was looking to overhaul earlier this week. Microsoft President Brad Smith said the AI race will be determined by whose technology is more widely adopted in the rest of the world.

President Trump is considering bringing the so-called millionaire tax back to life just 15 days after he rejected it. We're reporting that the president is looking to return the top individual income tax rate to 39.6 percent from 37 percent for people making over two and a half million dollars.

President Trump is considering bringing the so-called millionaire tax back to life just 15 days after he rejected it. We're reporting that the president is looking to return the top individual income tax rate to 39.6 percent from 37 percent for people making over two and a half million dollars.

The move aims to ease Republican struggles to fit tax cuts into a fiscal bill they're trying to unveil in the next few days. The higher the top tax rate goes, the easier it could be for Republicans to reduce other taxes and avoid deep cuts to Medicaid. And the president is tapping Fox News host Jeanine Pirro to temporarily step in as Washington, D.C.

The move aims to ease Republican struggles to fit tax cuts into a fiscal bill they're trying to unveil in the next few days. The higher the top tax rate goes, the easier it could be for Republicans to reduce other taxes and avoid deep cuts to Medicaid. And the president is tapping Fox News host Jeanine Pirro to temporarily step in as Washington, D.C.