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Dan Ronan
In Washington, I'm Dan Ronan. A federal judge in New York has ordered the Trump administration to release funds for one of the nation's largest infrastructure projects. Reporter Steve Kastenbaum says hours earlier money ran out and work on the Gateway Tuck McConnell project in the Amtrak Northeast Corridor came to a stop.
Steve Kastenbaum
Judge Jeanette Vargas sided with a lawyer for the state of New Jersey who argued they'd suffer irreparable harm if left with a giant abandoned hole in the ground. Earlier in the day, Senator Cory Booker claimed that the president didn't have the authority to halt funding.
Dan Ronan
This is a bipartisan project in which Congress moved the funding for this project.
Steve Kastenbaum
New Jersey Governor Mikey Sherrill accused President Trump of continually moving the goalposts.
Market Analyst
I've heard it's because he once stole US named after him. I've heard it's because he wants Penn Station named after him.
Steve Kastenbaum
White House officials said the funding was stopped to ensure that the money was not used for DEI principles. For NPR News, I'm Steve Kastenbaum in New York.
Dan Ronan
The Justice Department has announced charges against the main suspect in the 2011 attack on the U.S. consulate in Benghazi, Libya, that killed four Americans. NPR's Ryan Lucas reports. The suspect is now in U.S. custody.
Ryan Lucas
Attorney General Pam Bondi identified the defendant as Zub Hubert Al Bakush. She described him as a key participant in the 2012 attack on the US Special Mission and CIA annex in Benghazi.
Rachel Treisman
Ala. Kush will now face American justice on American soil. We will prosecute this alleged terrorist to the fullest extent of the law.
Ryan Lucas
Al Bakush faces several charges, including murder of a U.S. national Material Support to a terrorist, resulting in death and conspiracy. Two other Libyan men have already been tried and convicted in US Court in connection with the Benghazi attack that killed Ambassador Christopher Stevens and three other Americans. Ryan Lucas, NPR News, Washington.
Dan Ronan
After three days of losses, stocks roared back Friday with the dow closing above 50,000 for the first time in history. The Nasdaq and the S and P also finished higher. NPR financial correspondent Maria Aspen says the volatility in the market shows some investors are worried that the big tech companies are spending billions of doll on AI but are not seeing the return on the investment. And traditional software companies are worried.
Market Analyst
There are these huge fears that AI is going to eliminate jobs or make some businesses really redundant. It seemed like that came closer to reality for some companies this week. Two of the big AI startups, OpenAI and Anthropic, released new tools that can automate some of the sales and marketing and legal tasks that some big traditional software companies specialize in. We saw companies like Salesforce and Workday see their stocks get hammered this week.
Dan Ronan
And you're listening to NPR News. Casey Wasserman, one of the top organizers of the 2028 Olympic Summer Games in Los Angeles, is facing calls to step down after it was discovered he exchanged emails with Jeffrey Epstein's girlfriend and collaborator, Ghislaine Maxwell. There are no indications of criminal wrongdoing in the emails, but the content could be considered suggestive. Maxwell, currently in prison after being convicted of conspiracy to sexually abuse minor girls. A growing number of political leaders in Los Angeles are calling on Wasserman to step down. He says he regrets his association with Epstein and Maxwell. The Olympic flame has been lit at the Italian Winter Games and the figure skating competition got underway in the team event, which the U.S. won. NPR's Rachel Treisman reports. Americans finished on number one out in front.
Rachel Treisman
The three day event is a chance for the top 10 ranked countries to bring home a skating medal and for the world to get to know some of the biggest names in women's, men's pairs and ice dance. As of Friday, the US Is in the lead, thanks to strong performances from Alyssa Liu and ice dancers Madison Chalk and Evan Bates. But Japan and Italy are close behind, and there are still two more days of competition to go. The team event resumes Saturday with more ice dance and the men's short program, where US Gold medal favorite Ilya Malinin will make his Olympic debut. Rachel Treisman, NPR News, Milan.
Dan Ronan
Coca Cola, the parent company of Minute Maid, says it is ending in April the production of the sale of its frozen concentrated orange juice, which has been available since the end of World War II. I'm Dan Ronan, NPR News, in Washington.
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Host: Dan Ronan (NPR)
Episode Theme: A concise roundup of major news stories in politics, law, finance, sports, and business—the latest headlines in a rapidly changing world.
This episode delivers a quick, five-minute summary of the most pressing news in the U.S. and abroad. Major stories include a federal judge's intervention in a significant infrastructure project, new charges related to the Benghazi attack, historic developments in the stock market, calls for an Olympics official to step down, and a shift in the consumer goods sector.
Judge Jeanette Vargas sided with New Jersey's legal argument, preventing "irreparable harm" if the project site was left abandoned.
Earlier statements from Sen. Cory Booker challenged the president’s authority to halt funding.
New Jersey Governor Mikey Sherrill accused President Trump of "continually moving the goalposts."
A market analyst cynically speculates about Trump's motives (possibly wanting Penn Station named after him).
The White House claims funding was stopped to prevent use for "DEI principles."
“Judge Jeanette Vargas sided with a lawyer for the state of New Jersey, who argued they’d suffer irreparable harm if left with a giant abandoned hole in the ground.”
— Steve Kastenbaum [00:35]
“New Jersey Governor Mikey Sherrill accused President Trump of continually moving the goalposts.”
— Steve Kastenbaum [00:56]
[01:18-02:13]
Ryan Lucas (NPR):
Rachel Treisman (Clip):
“Ala. Kush will now face American justice on American soil. We will prosecute this alleged terrorist to the fullest extent of the law.”
— Attorney General Pam Bondi (voiced by Rachel Treisman) [01:43]
Al Bakush faces multiple charges; two others have previously been convicted in connection with the attack.
[02:13-03:10]
The Dow closes above 50,000 for the first time after several days of market losses.
Maria Aspen (Financial Correspondent): Notes investor concern over large tech firms heavily investing in AI but not yet seeing tangible returns. Traditional software companies are particularly worried.
“There are these huge fears that AI is going to eliminate jobs or make some businesses really redundant. It seemed like that came closer to reality for some companies this week.”
— Market Analyst [02:40]
AI startups (OpenAI and Anthropic) released tools automating tasks typically handled by legacy software companies, prompting stock drops for firms like Salesforce and Workday.
[04:00-04:39]
Recap of the Winter Games in Italy, where the U.S. figsre skating team is leading after strong performances by Alysa Liu and Madison Chock/Evan Bates.
Fierce competition continues, with Japan and Italy close behind.
“As of Friday, the US is in the lead, thanks to strong performances from Alyssa Liu and ice dancers Madison Chock and Evan Bates. But Japan and Italy are close behind, and there are still two more days of competition to go.”
— Rachel Treisman [04:06]
The men’s short program to feature U.S. gold medal hopeful Ilya Malinin.
“Judge Jeanette Vargas sided with a lawyer for the state of New Jersey, who argued they'd suffer irreparable harm if left with a giant abandoned hole in the ground.”
— Steve Kastenbaum [00:35]
“New Jersey Governor Mikey Sherrill accused President Trump of continually moving the goalposts.”
— Steve Kastenbaum [00:56]
“Ala. Kush will now face American justice on American soil. We will prosecute this alleged terrorist to the fullest extent of the law.”
— Attorney General Pam Bondi (via Rachel Treisman) [01:43]
“There are these huge fears that AI is going to eliminate jobs or make some businesses really redundant. It seemed like that came closer to reality for some companies this week.”
— Market Analyst [02:40]
“As of Friday, the US is in the lead, thanks to strong performances from Alyssa Liu and ice dancers Madison Chock and Evan Bates.”
— Rachel Treisman [04:06]
This NPR News Now episode offers a brisk but comprehensive briefing on critical U.S. headlines—from judicial and legislative decisions to financial milestones and developments in international sport—delivered in NPR’s clear, authoritative style.