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The $190K ‘Flying Car’ That Doesn’t Require a Pilot’s License | WSJ Tech Behind
Pivotal's electric vehicle takeoff and landing aircraft or EV tall looks a little different from the rest of the market. It's tiny with just one seat and weighs less than some motorcycles. You don't even need a pilot's license to fly it.It was designed that way on purpose. We went down the ultralite path because frankly it was not as regulated. We could iterate quickly, go through design iterations, test build, test, build, test build.But that advantage comes with trade-offs limiting power, range, and comme ...
Who is Japan’s New Female Prime Minister? | WSJ
San Takichi has been confirmed as Japan's new prime minister. Uh this follows her election as leader of the ruling Liberal Democratic Party earlier in the month. It wasn't an easy road to get here.Uh the coalition partner Kato that the LDP has been in partnership with for 26 years left the coalition uh leaving her scrambling to find enough votes to be confirmed as prime minister. But she has managed to do that. It's a big thing for sure in Japan to have the first female prime minister where politics is very ...
Louvre Heist: How Thieves Stole ‘Priceless’ Jewels in Broad Daylight | WSJ
Security Breach - Louvre Museum experienced a robbery involving crown jewels, leading to evacuation [1] - Four individuals used motorcycles, a truck with a portable furniture elevator, and angle grinders to break into the museum [2] - The thieves were in and out of the gallery in under 7 minutes [3] - Museum officials had previously raised concerns about the building's weak security [6] Stolen Items - Stolen jewels include diadems, necklaces, earrings, and brooches, described as priceless by French authorities [4] - A crown belonging to Empress Euenei with nearly 1,400 diamonds was dropped and damaged during the escape [4] Historical Context - The Louvre has experienced previous thefts, including the 1911 Mona Lisa theft and the 1983 theft of Renaissance armor [4][5] - In 2010, Paris's modern art museum was targeted, resulting in the theft of over $120 million worth of artworks [5] Recovery Challenges - Experts warn that the stolen jewels are too famous to be sold and may be dismantled [6] - French authorities are in a race against time to recover the jewels [1]
‘No Kings’ Protesters Celebrate in San Francisco | WSJ
Protest Size & Location - The protest took place at the foot of Market Street and is marching to the civic center [1] - The protest size is estimated to be around 50,000 people, similar to a previous march in June [1] Sentiment & Issues - The atmosphere is described as festive but with underlying hostility and anger [2] - Concerns were raised regarding immigrants [2] - Transgender rights are a key issue, with trans people feeling vilified [3] - Other communities, including people of color and women, feel targeted by the Trump administration [3] - There's a sentiment that blue cities like San Francisco are being unfairly targeted [3]
Anti-Trump Demonstrators in New Orleans: ‘Showing Up Matters’ | WSJ
And I'm out in New Orleans at the No Kings protest on the Lefit Greenway. There are thousands of people out here. A lot of them are wearing yellow.Many are waving American flags and the tone is really fun. People are really making their voices known. They're saying they're here for the community to show that they are not alone in their resistance to Trump's policies.And they're here with tons of friends. They've put time into costumes and typical New Orleans fashion. >> Why does being here matter to you.>> ...
California Beachside 'No Kings' Protest in MAGA Hotbed | WSJ
This is Paul Kieran. I'm out in Huntington Beach, California, where probably a few thousand protesters are behind me lining the Pacific Coast Highway on both sides for about a/4 mile stretch in front of the Huntington Beach Pier. They're holding up signs, no dictators, no fascists, no kings, uh some more colorful uh language than that.>> Get that pedophile out of office. >> Yeah. >> Release the file.I'm here because Donald Trump is ruining our country. We specifically have a constitution that will actually ...
Shutdown Day 18: Why Democrats Are Fighting for Extension of ACA Subsides | WSJ
Welcome to day 18 of the government shutdown. >> Tens of millions of people are going to experience dramatically increased premiums, co-pays, and deductibles. >> At the heart of the shutdown is a clash over subsidies that help people buy Affordable Care Act health insurance.Democrats really feel strongly about these subsidies. It's a law that President Barack Obama passed and they also feel like it could be something that would help them with swing voters because people really don't like it when they lose t ...
Why Trump’s $20B Argentina Bailout May Be Doomed to Fail | WSJ
Argentina's Economic Situation - Argentina faced economic turmoil with monthly inflation peaking at over 25% and almost half the country in poverty [3] - Argentinians voted for radical change due to decades of economic hardship [2][3] - President Milei implemented drastic public spending cuts, reduced public workers, closed ministries, and halted public works projects [3] - Argentina's economy is characterized by the widespread use of both the official currency, the peso, and the US dollar [4] - Milei initially devalued the peso and then attempted to maintain a stronger peso to curb inflation, using a crawling peg and currency band [4][5] US Involvement and Implications - The Trump administration offered a $20 billion economic aid package to Argentina, which calmed markets but sparked controversy in the US [9][10] - The US Treasury directly bought pesos and provided Argentina's central bank with a $20 billion currency swap [12] - Some accused the administration of intervening to benefit wealthy American investors holding Argentinian debt [11] - The US support may not be enough to give Milei the boost he needs in the elections, and US taxpayers are already exposed [15] - Argentina owes the International Monetary Fund $41 billion and has a history of defaulting, making the US investment risky [15] Risks and Sustainability - Milei faced protests and bribery accusations against his aids, leading to losses in local elections and concerns about the sustainability of his program [6][7] - Investors panicked about midterm elections, triggering a peso sell-off [7] - The central bank's intervention to contain devaluation led to a loss of reserves, further fueling investor concerns [8] - Unless Argentina addresses its dual currency regime, market turmoil is likely to recur [16]
Medicare Enrollment 2026: Five Things to Examine in Your Plan
Medicare Coverage Changes - Medicare open enrollment starts on October 15th and ends on December 7th [6] - Individuals should not wait until the last minute to choose plans due to potential advisor overload [6] Cost Fluctuations - Some Medicare Advantage plan members will see monthly premium increase, for example, from $0 to $48 [2] - Hospital admission costs are increasing for the first 5 days [4] - Drug coverage deductibles are rising, for example, from $420 to $600 [4] Coverage Details - Some drugs are switching from flat co-payments to co-insurance, impacting predictability of costs [5] - Co-insurance requires paying a share (percentage) of the drug cost, which is typically higher than a flat co-pay [5] - Annual Notice of Change documents detail plan changes for Medicare Advantage members [2]
Shutdown Day 14: Will Mass Layoffs Bring Democrats to the Table?
WSJ National Political Reporter Ken Thomas explains the confusion around the first round of federal layoffs and why another round may be coming. Photo: Andrew Caballero-Reynolds/AFP via Getty Images ...