cover of episode Donald Trump Jr. Bets on the Anti-Woke Economy

Donald Trump Jr. Bets on the Anti-Woke Economy

2024/11/19
logo of podcast WSJ What’s News

WSJ What’s News

Key Insights

Why is Ukraine using U.S.-provided long-range missiles against Russia?

Ukraine used U.S.-provided long-range missiles to strike an ammunition storage facility in Russia's Bryansk region, a move approved by President Biden, as a strategic response to Russian threats and escalations.

Why are venture capital firms struggling to see returns from AI investments?

Traditional exit routes like IPOs and acquisitions are currently limited due to a harsh regulatory environment and reluctance of startups to go public, leaving many high-value private companies 'stuck' without profitable exits.

What is Donald Trump Jr.'s role in the anti-woke economy?

Donald Trump Jr. has joined 1789 Capital, a venture capital firm investing in companies espousing conservative values, aiming to capitalize on the anti-woke market trend.

What are the potential conflicts of interest for Donald Trump Jr. in his new venture?

While investing in startups generally offers fewer conflicts than big companies, potential issues could arise from companies in the portfolio, like Firehawk Aerospace, which has government partnerships, creating an appearance of influence over contract awards.

How is Russia responding to Ukraine's use of U.S.-provided missiles?

Russia views the use of long-range missiles as a new phase of the Western war against Russia and has warned of a clear response, including potential nuclear escalation, as indicated by Putin's recent amendments to Russia's nuclear doctrine.

Chapters

Ukraine's first use of U.S.-provided long-range missiles against Russia marks a significant escalation in the conflict, prompting warnings from Russia about a new phase in the war.
  • Ukraine used U.S.-provided Army Tactical Missile System (ATACMS) to strike an ammunition storage facility in Russia's Bryansk region.
  • Russian Foreign Minister Sergei Lavrov warned of a qualitatively new phase of the Western war against Russia.
  • Russia's nuclear doctrine amendments were signed by Putin, signaling potential escalation.

Shownotes Transcript

P.M. Edition for Nov. 19. WSJ reporter Peter Rudegeair) talks about Donald Trump Jr.’s involvement with an anti-woke) venture capital firm that invests in companies espousing conservative values. And venture firms have poured billions into AI startups. Reporter Berber Jin) explains why investors have received the lowest payouts in years). Plus, tensions mount as Ukraine for the first time) uses U.S.-provided long range missiles to strike targets inside Russia. Tracie Hunte hosts. 

Sign up for the WSJ's free What's News newsletter).

Learn more about your ad choices. Visit megaphone.fm/adchoices)