Caitlin McCabe (2:23)

It's not fully clear how long these restrictions will last, but if you're flying soon, she advises checking your flight status.

Narrator/Reporter (2:30)

And arriving at the airport.

Caitlin McCabe (2:32)

Report early. Airlines for America, a trade group representing commercial carriers, said that Already more than 3.4 million people have been affected by.

Narrator/Reporter (2:42)

Delays and cancellations due to staffing shortages during the shutdown.

Caitlin McCabe (2:47)

Meanwhile, a federal judge has ordered the government to significantly improve the conditions at.

Narrator/Reporter (2:52)

An immigration detention facility in suburban Chicago.

Alexa Van Brunt (2:55)

Judge very quickly determined that the conditions at the Broadview ICE facility were unconstitutional, just disgusting and we're unacceptable.

Caitlin McCabe (3:06)

Alexa Van brunt from the MacArthur Justice Center. Speaking there, she was part of a team of lawyers that sued last week, saying that immigrants in the facility, which is designed to be a temporary holding spot, are being held for days or.

Narrator/Reporter (3:19)

Weeks in unsanitary conditions without access to legal counsel.

Caitlin McCabe (3:23)

U.S. district Judge Robert Gettleman seemed to agree, saying that to, quote, sleep on.

Narrator/Reporter (3:28)

The floor next to an overflowed toilet, that's obviously unconstitutional.

Caitlin McCabe (3:33)

A government official overseeing the site said detainees were provided with blankets and water, that the holding rooms were cleaned regularly, and that there were padded benches for sleeping. Justice Department lawyer Jana Brady noted that if significant changes were ordered regarding how the facility is run, it would effectively.

Narrator/Reporter (3:51)

Halt the government's ability to enforce immigration laws in Chicago.

Caitlin McCabe (3:56)

In his order, Gettleman said the government must provide bedding, hygiene supplies, daily showers.

Narrator/Reporter (4:02)

Clean toilets and three daily meals at.

Caitlin McCabe (4:04)

The he said he crafted his order to be as workable as possible and we've learned that President Trump has recently expressed reservations to top aides about launching.

Narrator/Reporter (4:15)

Military action to oust Venezuelan President Nicolas Maduro, fearing that strikes might not compel the autocrat to step down.

Caitlin McCabe (4:22)

Officials told the Journal that Trump continues to ask aides about military options, leading.

Narrator/Reporter (4:27)

Some to suggest he might eventually order an attack.

Caitlin McCabe (4:30)

But they said even basic questions like whether the goal is to remove Maduro.

Narrator/Reporter (4:35)

Or compel him into concession, remain undecided.

Caitlin McCabe (4:39)

Trump has reportedly been presented with three options to increase pressure on Maduro, which range from stepping up sanctions and increased tariffs on countries that buy Venezuela's oil.

Narrator/Reporter (4:49)

To a campaign of airstrikes or covert operations aimed at government and military facilities and personnel.

Caitlin McCabe (5:01)

It's a big day for Tesla as shareholders are set to decide whether to approve a record setting pay package for its CEO, Elon Musk, that could ultimately give him new stock worth $1 trillion and a roughly 25% stake in the company. But as our Kate Bullman explains before claiming his prize, Musk has to clear a number of complex hurdles.

Kate Bullivant (5:25)

According to the Journal's Tesla reporter Becky Peterson, the EV maker must hit both a market cap Milestone starting at $2 trillion and achieve one of a dozen operational milestones.

Becky Peterson (5:38)

To get this award, he would have to grow the company and expand its robotics business and its AI business. Some of the goals he would have to hit are selling 1 million robots and growing Tesla's full self driving subscriptions. He also would need to sell more electric vehicles, which is something that he has been trying to move the company away from.

Kate Bullivant (6:04)

So how likely is it that Tesla's backers will greenlight this punchy new pay packet? I asked Becky if we have a sense of how shareholders are feeling ahead of today's vote.

Becky Peterson (6:15)

We have a little bit of information from shareholders. Norway's sovereign wealth fund said that they won't be supporting the package. They are the sixth largest institutional shareholder. Charles Schwab, on the other hand, which I believe is 13th largest institutional shareholder, said they will be supporting the plan. Most of the other institutions keep quiet about how they vote until after the annual meeting.

Kate Bullivant (6:41)

To find out the results, we'll have to wait until this afternoon when Musk is expected to take the stage at Tesla's annual shareholder meeting. In the past, these events have been a chance to get people excited about the future of Tesla. And as Becky explains, the EV Makers board has framed this pay package as existential for the company.

Becky Peterson (7:02)

Musk has said that if he doesn't get it, he would leave. He said he only wants to build a robot army at Tesla if he has a 25% stake at the company. Musk has this vision of humanoid robots working in people's homes, working in factories, and taking over these core jobs in our economy. They have a new philosophy called sustainable abundance and are basically saying that if Musk doesn't get this pay package and that dream of a future won't happen, whether or not Musk will actually leave, who knows, But I don't think we're going to be in a position to find out. Shareholders at Tesla enthusiastically back the board at the general meeting, and I don't expect this year to be any different. That said, this is a huge pay package. $1 trillion is at stake, and while he has to earn it, and that's over 10 years, that is a huge package. That's just unheard of.

Caitlin McCabe (8:01)

Tesla's annual shareholder meeting is due to.

Narrator/Reporter (8:04)

Start today at 4pm Eastern.

Caitlin McCabe (8:06)

For more coverage from Becky and the final results, visit WSJ.com Coming up, we start to get some answers on what.

Narrator/Reporter (8:14)

Caused a UPS cargo plane to crash this week.

Caitlin McCabe (8:18)

Plus, home builders are lavishing potential customers.

Narrator/Reporter (8:21)

With incentives, but they're not biting both.

Caitlin McCabe (8:24)

Of those stories after the break.

Dynatrace Sponsor (8:29)

Trustage helps make annuities simple. Our flexible products and personalized support help you build stronger relationships and grow your business with confidence. Discover how@truestage.com grow. TrueStage is the marketing name for Trustage Financial Group Inc. Subsidiaries and affiliates. Corporate headquarters is located in Madison, Wisconsin.

Caitlin McCabe (8:49)

The UPS cargo plane that crashed in Louisville on Tuesday was 34 years old and needed a critical repair on its.

Narrator/Reporter (8:56)

Fuel tank in September.

Caitlin McCabe (8:58)

The cause of the crash in Kentucky, which killed at least 12 people, is still under investigation, but the plane's black.

Narrator/Reporter (9:05)

Boxes have now been located. A video of the plane taking off showed one engine on fire before it crashed just beyond the Runway.

Caitlin McCabe (9:14)

We've also learned that one of the jet's engines detached from the left wing.

Narrator/Reporter (9:18)

During takeoff and was found on the.

Caitlin McCabe (9:20)

Ground at the airport. Authorities are still searching for missing people.

Narrator/Reporter (9:24)

But aren't expecting to find anyone alive.

Caitlin McCabe (9:27)

The flight's three crew members remain unaccounted for. UPS didn't immediately respond to requests for comment and said in a statement that.

Narrator/Reporter (9:34)

It was working with the authorities on their investigation of the incident.

Caitlin McCabe (9:39)

And while homebuyers have been contending with a lack of supply in recent years, there are now signs that the property market is loosening. The number of new but unsold homes in the US Is now as high.

Narrator/Reporter (9:52)

As it was back in the summer of 2009.

Caitlin McCabe (9:55)

Heard on the street columnist Carol Ryan says builders are struggling to find buyers in several parts of the country.

Carol Ryan (10:02)

In Texas and Florida, regular people have started putting their homes up for sale, too. The number of listings in these markets is back to pre pandemic levels or even higher, so builders have to compete with regular homeowners for a smaller, more cautious pool of buyers. But in places like Southern California, the job market has slowed, especially for high paying jobs, and foreign buyers have pulled back from the market. Changes to the H1B visa rules have made workers who have come to the US from overseas much worried about putting their cash into a home.

Caitlin McCabe (10:32)

Carol says that's despite homebuilders offering several.

Narrator/Reporter (10:35)

Incentives to potential buyers.

Carol Ryan (10:37)

At the moment, you can get a mortgage rate of around 4% from one of the big builders, which is much lower than what you get in the open market. And homebuilders? They've also been cutting prices to try to shift homes. The incentives they aren't working with working as well as they'd hoped. And demand is really weak. So they've actually decided to slow down construction rather than add to the pile of unsold homes that they already have.

Caitlin McCabe (10:56)

Carol added that institutional investors are not yet stepping in to snap up this glut of unsold homes because they're waiting.

Narrator/Reporter (11:03)

For bigger discounts, akin to 20 or 30% off the regular buyer's price.

Caitlin McCabe (11:10)

And that's it for what's news for this Thursday morning. Heads up. We've got a special bonus episode coming.

Narrator/Reporter (11:16)

For you later today.

Caitlin McCabe (11:18)

In the latest what's news in earnings, we'll take a look at how automakers are grappling with tariffs, supply chain disruptions.

Narrator/Reporter (11:25)

And what some are calling the EV winter.

Caitlin McCabe (11:28)

That'll be in the feed around midday.

Narrator/Reporter (11:30)

And we'll have the PM what's news after that.

Caitlin McCabe (11:33)

Today's show is produced by Kate Bullivant.

Narrator/Reporter (11:35)

Our supervising producer was Sandra Kilhoff.

Caitlin McCabe (11:38)

And I'm Caitlin McCabe for the Wall Street Journal.

Narrator/Reporter (11:40)

We'll be back tonight with a new show.

Caitlin McCabe (11:42)

Until then, thanks for listening.

Becky Peterson (11:47)

Foreign.

Paycom Sponsor (11:55)

You'Re an exec. You need accurate employee data fast. Introducing I want from Paycom, the industry's first command driven AI engine in a single database and your shortcut to smart work. Learn more@paycom.com.