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Ryan Reynolds
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Luke Vargas
Major disruption as an electrical outage shuts London's Heathrow Airport.
Ben Katz
As we know in the aviation world, schedules are really tight. It takes a long time to recover from this type of disruption. So really a significant moment today.
Luke Vargas
Plus protests in Israel after Prime Minister Netanyahu fires his intelligence chief, tightening his grip on power. And Elon Musk is set to receive a top secret Pentagon briefing today. It's Friday, March 21st. 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. London's Heathrow Airport is shut after an electrical fire knocked out power to Europe's busiest travel hub. The airport is a major gateway for American travelers to Europe and expects disruption for days with at least 1300 flights affected today. AL 120 aircraft were en route to Heathrow when the fire broke out. With those flights having to either land at a different airport or return home. Here's the moment that an American Airlines pilot flying from North Carolina to Heathrow had to do just that.
Jennifer Homendy
We have made a 180 degree turn. We are headed back to Charlotte. Let me tell you what's going on. There was a huge fire in the power substation at London Heathrow. The runways have lights, but there's no power at all the terminals and they are not accepting flights into London Heathrow for the next 22 hours.
Luke Vargas
Well, here with the very latest, I'm joined by Wall Street Journal aviation reporter Ben Katz. Ben, what do we know at this hour about what caused this? And describe to us the effects we're seeing downstream.
Ben Katz
At the moment, we're not sure what the cause was. We understand, of course there was a fire that broke out at a substation in West London. That's of course where London Heathrow is based. That's led to, as you mentioned, 1300 flights that were scheduled to fly into and out of Heathrow Airport on being disrupted, many canceled, over 100 that have been diverted. But I think you really touched on the most Important part, which is this question of how long will this last? As we know in the aviation world, schedules are really tight. It takes a long time to recover from this type of disruption. So really a significant moment today just in terms of travel disruption for air.
Luke Vargas
Passengers, cargo, I imagine affected as well, some economic ripple effects here.
Ben Katz
Yes, absolutely. I mean, Heathrow is a huge port. So this disruption doesn't just impact the lives and experiences of the passengers on board, but also it has a knock on effect on the broader economy. London also does have a number of other airports that feed into the main city, none of which actually have close to the amount of capacity that Heathrow does. This is a critical port, not just in terms of aviation, but across the country. If you're looking at shipping ports, if you're looking at borders, I mean, Heathrow really is at the center of movement of people and goods in and out of the country. How you can kind of compensate with that with much smaller airports around the city or around the country, really unclear. So the rolling impacts, I think people will be watching very closely.
Luke Vargas
It does seem remarkable, does it? Not a single point of failure for such a key piece of infrastructure.
Ben Katz
It is an interesting question and one that we've been asking about and curious to kind of investigate a bit further. You do ask the questions about generators, things like that. Well, alternatives. What is Heathrow's backup plan? These are questions that we're still really trying to find out the answer to. We know that National Grid, which is the company that owns the substation in the west of London, that they're working really rapidly with the fire brigade to try and get things up and running as quickly as possible. The other thing maybe worth pointing out is that this is knock on effects, not just in terms of aviation, but across the entire city. So the capital has not been brought to a standstill, but massive delays have been reported on the trains, on the London Underground. Thousands of homes and businesses have gone without power. This is and will become a massive topic within the British media, within the British political realm. How did this happen? How did a fire at a substation bring such a massive halt to such an important part of the country's operations?
Luke Vargas
That was Journal aviation reporter Ben Katz. Ben, thanks for stopping by.
Ben Katz
Thanks, Luke.
Luke Vargas
Coming up, Elon Musk's top secret briefing on US war plans for China. Plus, Israeli Prime Minister Benjamin Netanyahu fires his domestic intelligence chief. We've got those stories and much more after the break.
Ryan Reynolds
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Jennifer Homendy
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Luke Vargas
Switch upfront payment of $45 for three month plan equivalent to $15 per month required intro rate first three months only, then full price plan options available, taxes and fees extra. See full terms@mintmobile.com Elon Musk is set to be briefed today on the US military's top secret war plans for China, According to two U.S. officials, including about how American forces would fight along with maritime tactics and targeting plans. The meeting underscores the cross cutting interests Musk has as a senior adviser to President Trump while being the head of US defense contractor SpaceX and Tesla, which relies on China for car production. Musk, according to one person familiar with the arrangements, is receiving the briefing because he asked for one. While he has a security clearance, Musk isn't in the military chain of command or known to be a military adviser to Trump, though he has lately weighed in on defense acquisitions. Defense Secretary Pete Hegseth confirmed that Musk would visit the Pentagon on Friday, but disputed that he'd receive a sensitive China briefing. In a post on Truth Social, Trump said that China will not even be mentioned or discussed at the Pentagon meeting. A federal judge has temporarily blocked members of the Department of Government Efficiency from Social Security Administration systems that contain personal information, saying their work was likely an illegal fishing expedition. The temporary restraining order bars DOGE employees or affiliates from accessing the agency's systems until they receive proper training on handling sensitive information. The judge also ordered them to delete all non anonymous personal information that they'd gathered from the agency so far. An SSA spokesperson said it will work to comply with the court order, while White House spokesman Harrison Fields described Judge Ellen Hollander as an activist trying to sabotage the president's work. Meanwhile, the National Transportation safety board says 68 bridges across the country should be inspected to assess whether they would collapse in the event of a vessel collision. The list includes New York's Brooklyn, George Washington, Manhattan, Verrazano Narrows and Williamsburg bridges, along with the Golden Gate Bridge in San Francisco. Here was NTSB Chair Jennifer Homendy.
Unnamed Speaker
When we issue urgent recommendations, we are saying there is a safety deficiency here, a potential safety risk and you need to take immediate action. So we will follow up with all of the bridge owners. Over time. We will follow up with federal highways. We had a briefing with four federal highways today. I also called the State of Maryland to make sure they knew that we were issuing this as well as several others. So we expect action.
Luke Vargas
The NTSB recommendation comes as a part of its investigation into the destruction of Baltimore's Francis Scott Key Bridge last year after it was hit by a cargo ship, killing six people. Turning to Israel now, Prime Minister Benjamin Netanyahu has fired his domestic intelligence chief, arguing that Shin Bet Director Ronen Barr had lost his trust. Barr's ouster is controversial because Shin Bet was investigating some of Netanyahu's aides. Barr has also been playing a key role in negotiations with Hamas to free hostages and reach a ceasefire deal. And following the move, thousands of people marched on Jerusalem to oppose bar's removal and demand elections, while relatives of hostages gathered to call for a ceasefire.
Jennifer Homendy
We're just a few days after the war was resumed in Gaza and we're very worried about the fate of all the hostages because we know that the military pressure puts a very, very large risk on their lives. My cousin Carmel Ghat was murdered because of the military pressure, and we know that there are more than 20 hostages still alive in captivity. We have to make sure that they're back alive.
Luke Vargas
In a letter preempting his dismissal, Barr said the move was aimed at preventing his agency from investigating the failure to stop Hamas October 7th attacks and would harm efforts to free hostages. And in market news today, Japan's consumer inflation slowed slightly in February to 3.7% from a year earlier, but continues trending up amid a record spike in rice prices and signs of strong wage growth. Those price pressures mean the bank of Japan has room to keep tightening and move ahead with interest rate hikes. Meanwhile, FedEx is warning that economic uncertainty is hurting its bottom line. The company cut its outlook for the year, citing soft demand for business to business shipments as a result of continued weakness in America's industrial economy, inflationary pressures and uncertain global trade policies. FedEx shares fell in off hours trading and shares in consulting firm Accenture have also taken a hit after its CEO warned of ongoing uncertainty am efforts to rein in spending on federal contractors, according to a draft of a letter from the General Services Administration viewed by the Journal. The Trump administration plans to ask Accenture and other consulting companies, including IBM and Deloitte, to create a scorecard within weeks to justify their work with the US Government. For weeks, the Trump administration has made it clear it wants to reduce consulting spending and that it expects firms to help. And that's it for what's news for this Friday morning? We had additional sound in this episode from Reuters. Today's show was produced by Kate Bulipant with supervising producer Sandra Kilhoff. And I'm Luke Vargas for the Wall Street Journal. We will be back tonight with a new show. Otherwise, have a great weekend and thanks for listening.
Release Date: March 21, 2025
Host: Luke Vargas
Produced by: The Wall Street Journal
The March 21st episode of "What’s News" by The Wall Street Journal delivered a comprehensive overview of major global events impacting travel, politics, infrastructure, and markets. Host Luke Vargas navigated through disruptions at one of Europe’s busiest airports, high-stakes government briefings, critical infrastructure safety concerns, and significant political developments in Israel. The episode also touched on economic indicators and market reactions, providing listeners with an in-depth analysis of the day's most pressing news.
The episode opened with breaking news about a severe electrical outage at London's Heathrow Airport, resulting in substantial travel disruptions.
Impact on Flights: An electrical fire at a power substation caused Heathrow to shut down, affecting approximately 1,300 flights for the day. Among these, 120 American Airlines aircraft were en route to Heathrow and had to either land at alternative airports or return to their origins.
“There was a huge fire in the power substation at London Heathrow. The runways have lights, but there's no power at all the terminals and they are not accepting flights into London Heathrow for the next 22 hours.” – Jennifer Homendy [01:46]
Consequences for Passengers and Cargo: Aviation reporter Ben Katz highlighted the extensive ripple effects beyond passenger travel, noting significant impacts on cargo operations and the broader economy.
“Heathrow really is at the center of movement of people and goods in and out of the country.” – Ben Katz [02:21]
Infrastructure Vulnerabilities: The discussion raised concerns about Heathrow’s dependency on a single power source, questioning the adequacy of backup systems.
“It does seem remarkable, does it? Not a single point of failure for such a key piece of infrastructure.” – Luke Vargas [03:42]
Ben Katz emphasized the long-term recovery challenges inherent in aviation disruptions, underscoring Heathrow's pivotal role in international trade and travel.
“How you can kind of compensate with that with much smaller airports around the city or around the country, really unclear.” – Ben Katz [02:21]
The shutdown not only stranded passengers but also halted significant freight operations, potentially leading to delayed shipments and economic slowdowns in related sectors.
Elon Musk is set to receive a top-secret briefing from the Pentagon regarding US military strategies against China. This development underscores Musk's complex role as both a senior adviser to President Trump and the head of major defense-linked companies like SpaceX and Tesla.
Nature of the Briefing: According to two U.S. officials, the briefing includes discussions on maritime tactics and targeting plans essential for potential military engagements.
“Musk isn’t in the military chain of command or known to be a military adviser to Trump, though he has lately weighed in on defense acquisitions.” – Luke Vargas [05:09]
Governmental Clarifications: Defense Secretary Pete Hegseth confirmed Musk’s visit but clarified that sensitive topics such as China would not be discussed.
“Defense Secretary Pete Hegseth confirmed that Musk would visit the Pentagon on Friday, but disputed that he'd receive a sensitive China briefing.” – Luke Vargas [05:06]
Presidential Statement: President Trump stated on Truth Social that China would not be a topic of discussion in the meeting, adding ambiguity to Musk’s role and the briefing’s content.
“China will not even be mentioned or discussed at the Pentagon meeting.” – President Trump [05:06]
This briefing highlights the intertwining of private sector leaders with national defense strategies, raising questions about the boundaries and transparency of such collaborations.
A federal judge has issued a temporary restraining order preventing the Department of Government Efficiency (DOGE) from accessing Social Security Administration (SSA) systems containing sensitive personal information. This decision stems from concerns over potential unauthorized data harvesting.
Court Ruling Details: The judge determined that DOGE’s access was likely an "illegal fishing expedition," necessitating proper training before any future access can be granted.
“The temporary restraining order bars DOGE employees or affiliates from accessing the agency's systems until they receive proper training on handling sensitive information.” – Luke Vargas [07:46]
Government Response: The SSA announced compliance with the court order, while White House spokesman Harrison Fields criticized Judge Ellen Hollander as an "activist trying to sabotage the president's work."
This ruling underscores the ongoing tension between government departments over data privacy and the handling of sensitive information.
The National Transportation Safety Board (NTSB) has recommended urgent inspections of 68 bridges across the United States to prevent potential collapses from vessel collisions. This initiative follows the destruction of Baltimore's Francis Scott Key Bridge last year, which tragically resulted in six fatalities.
Scope of Inspections: The inspections target major bridges, including New York's Brooklyn, George Washington, Manhattan, Verrazano-Narrows, and Williamsburg bridges, as well as San Francisco’s Golden Gate Bridge.
“When we issue urgent recommendations, we are saying there is a safety deficiency here, a potential safety risk and you need to take immediate action.” – Jennifer Homendy [07:46]
Historical Context: The recommendation is part of the NTSB’s ongoing efforts to enhance infrastructure resilience and prevent future tragedies similar to last year’s incident.
The proactive measures aim to safeguard critical infrastructure, ensuring the safety and reliability of major transportation routes.
Israeli Prime Minister Benjamin Netanyahu has dismissed Ronen Barr, the head of the domestic intelligence agency Shin Bet. This move has ignited widespread protests and complicated ongoing hostage negotiations with Hamas.
Reasons for Dismissal: Netanyahu claims that Barr lost his trust, a decision that has sparked controversy given Barr’s involvement in investigating Netanyahu’s aides and his critical role in negotiating hostilities with Hamas.
“Netanyahu argues that Shin Bet Director Ronen Barr had lost his trust.” – Luke Vargas [08:13]
Public Reaction: Thousands marched in Jerusalem opposing Barr's removal, demanding elections and a ceasefire, while families of hostages voiced their fears.
“We have to make sure that they're back alive.” – Hostage Relative (Jennifer Homendy) [09:03]
Impact on Negotiations: The firing jeopardizes the delicate balance in negotiating the release of hostages and achieving a ceasefire, intensifying public anxiety and political instability.
Barr preemptively stated that his dismissal aims to obstruct investigations into the failure to prevent the Hamas attacks on October 7th, potentially undermining efforts to secure the safety of hostages.
Japan reported a slight slowdown in consumer inflation for February, decreasing to 3.7% year-over-year. Despite this, inflation remains on an upward trend due to a record spike in rice prices and robust wage growth, suggesting that the Bank of Japan may continue interest rate hikes to manage inflationary pressures.
FedEx has issued a warning that ongoing economic uncertainty is negatively impacting its financial performance. The company has cut its annual outlook, citing decreased demand for business-to-business shipments driven by a weak industrial economy, persistent inflation, and uncertain global trade policies.
Accenture shares fell as the company’s CEO warned of sustained uncertainty amid the Trump administration's efforts to reduce federal consulting expenditures. The administration is prompting consulting firms, including Accenture, IBM, and Deloitte, to develop scorecards to justify their government contracts.
“The Trump administration plans to ask Accenture and other consulting companies... to create a scorecard within weeks to justify their work with the US Government.” – Luke Vargas [08:13]
This initiative reflects a broader strategy to tighten federal spending and increase accountability among government contractors.
The March 21st episode of "What’s News" provided listeners with an in-depth analysis of critical events shaping the global landscape. From the immediate impact of the Heathrow power outage on international travel to the intricate dynamics of political power plays in Israel, and from high-level defense briefings involving industry leaders like Elon Musk to essential infrastructure safety measures, the episode covered a broad spectrum of influential topics. Additionally, updates on economic indicators and market responses offered a comprehensive overview of the interconnectedness of these events with global economic stability.
Listeners were equipped with not only the facts but also expert insights, making the episode a valuable resource for understanding the complexities of today’s news.