Loading summary
Advertiser
Your data is like gold to hackers. They'll sell it to the highest bidder. Are you protected? McAfee helps shield you blocking suspicious texts, malicious emails and fraudulent websites. McAfee Secure VPN lets you browse safely and its AI powered tech scam detector spots threats instantly. You'll also get up to $2 million of award winning antivirus and identity theft protection, all for just $39.99 for your first year. Visit McAfee.com, cancel anytime terms apply.
Luke Vargas
Group Chat Drama Royals Washington after top officials accidentally led a journalist in on sensitive war plans, this is one of.
Michael Gordon
The most stunning breaches of military intelligence I have read about in a very, very long time.
Luke Vargas
Plus, Boeing eyes a chance to withdraw from a Biden era guilty plea deal and Canadians get cold feet about traveling to the U.S. it's Tuesday, March 25th. 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. We begin in Washington following revelations that senior national security officials in the Trump administration discussed highly classified war plans to strike Houthi rebels in Yemen using a non government messaging service and mistakenly included a journalist in the conversation. The chats over the Encrypt Signal app included Vice President J.D. vance, Defense Secretary Pete Hegseth, National Security Advisor Mike Waltz and others. The existence of the chats was first reported by the Atlantic, whose editor, Jeffrey Goldberg, was inadvertently included in the discussion, and a National Security Council spokesman confirmed the authenticity of the messages. Journal national security correspondent Michael Gordon has more.
Michael Gordon
Signal is a popular app for holding private discussions, but national security experts say that government security procedures do not allow it to be used to convey classified information. The government has its own secure communications channels for that. The subject is likely to come up Tuesday when top Trump administration officials testify to the Senate Intelligence Committee.
Luke Vargas
Administration officials say President Trump was frustrated by the episode and directed ire at Waltz, though it wasn't immediately clear if he'd moved to oust him. Beyond representing a breach of security protocols, the chat exposed policy differences within the administration and candid views about U.S. allies. Vance, in particular, was skeptical of striking the Houthis, given that little US Trade passes through the Suez Canal and that the move would benefit Europe far more, saying I just hate bailing Europe out again. CIA Director John Ratcliffe and Director of National Intelligence Tulsi Gabbard, both of whom were included in the signal chat, are set to testify before the Senate Intelligence committee. And at 10am Eastern, we are exclusively reporting that Boeing is looking to withdraw from an earlier agreement to plead guilty in a long running criminal case that blamed the company for deceiving regulators before two deadly crashes of its 737 Max jets. According to people familiar with the matter, the aerospace giant is seeking more lenient treatment from the Justice Department after pleading guilty during the Biden administration. Journal Aviation Report reporter Ben Katz says Boeing is hoping to benefit from the Trump administration's announcement that it's reviewing numerous criminal cases at the doj.
Ben Katz
I don't think that we can really disconnect this from the new administration. Trump's team have indicated that they're open to taking a lighter touch towards white collar enforcement. This would be a very high profile example of that. Boeing clearly sees an opening here to be able to get a slightly more lenient deal in whatever form that takes from the Trump administration.
Luke Vargas
And as Ben explains, avoiding a guilty plea could be crucial for Boeing's recovery.
Ben Katz
Boeing's case is of course really high profile and could potentially have significant ramifications on the company. A guilty plea could seriously impose on its ability to do defence work for the US Government, which is of course its biggest customer in terms of defence. It could also bar it from doing international defence work.
Li Ze Lin
Right.
Ben Katz
And if it can get that leniency, it will be really critical to help alleviate some of the crisis that Boeing is in at the moment. I wouldn't say this is a catch that would kind of wipe the slate clean. I mean, Boeing has a lot going through with it. It's facing cases from the families of the victims who died in the crashes. It's also got a lot of work to do in terms of its own corporate culture and manufacturing. But this would be a really big boon for the company.
Luke Vargas
Boeing and the Justice Department declined to comment. Coming up, Beijing releases Employees of U.S. firm Mintz Group as it looks to encourage more foreign investment. Plus the rest of the day's news after the break.
Advertiser
This episode is brought to you by Shopify. Forget the frustration of picking commerce platforms when you switch your business to Shopify, the global commerce platform that supercharges your selling Wherever you sell. With Shopify, you'll harness the same intuitive features, trusted apps and powerful analytics used by the world's leading brands. Sign up today for your $1 per month trial period@shopify.com tech. All lowercase, that's shopify.com tech.
Luke Vargas
China has released all detained employees of US due diligence firm Minsk Group, marking the end of a two year saga that unnerved American businesses operating in the country. The detention of five Minsk employees, all Chinese nationals, after a March 2023 raid of its offices in Beijing, sent shockwaves across foreign businesses.
Li Ze Lin
The detention happened as Western companies were already feeling uneasy about operations in China. There had been multiple reports of exit bans of foreign staff, which essentially meant that these people were forbidden from leaving China because they were involved in government investigations and often really opaque ones. And it had introduced a suite of new laws to govern that mins being a due diligence firm and also involved in corporate investigations basically represented the possible fate of other foreign companies dealing with data if they too ran afoul of these new rules.
Luke Vargas
That's China tech reporter Li Ze Lin, who says the release comes amid a wider push from Beijing to attract foreign investment.
Li Ze Lin
It comes at a time when Beijing is launching its own charm offensive to woo Western businesses back to invest in China again, as Chinese officials are struggling to kickstart their own economy. Over the past two days, Beijing has held an annual forum which is attended by prominent foreign business men and Chinese leaders. And at that forum, Chinese officials basically touted their country as a force for stability and open trade.
Luke Vargas
Samsung's co CEO and the head of its consumer electronics business has died from a heart attack, with no immediate successor yet named. The news comes amid a slump in business for the South Korean tech giant that leaders have called a crisis. Samsung makes everything from smartphones to washing machines and televisions and is also a major components supplier to other tech firms, but stumbled during the AI boom with shares tumbling about 22% over the past year. In other market news today, the conference board will release its consumer confidence index for March at 10am Eastern. Two housing market reports are also due out this morning, including the Commerce Department's look at new home sales data for February and earnings from one time meme stock Gamestop are expected after the market close. Meanwhile, a pair of judges are challenging the president's efforts to deport some Venezuelan migrants, saying they weren't given a meaningful chance to challenge their designations as gang members before being whisked to a notorious prison in El Salvador. The administration has cited 1798's Alien Enemies act to rapidly remove alleged members of the Trende Aragua gang. Yesterday, one US District judge denied an administration request request to dissolve his temporary restraining order halting deportations, while a D.C. circuit Court of Appeals judge said there was clear precedent for allowing those designated as enemies of the US to challenge that determination, noting that Nazis got better treatment under the Alien Enemies act than has happened here, end quote. Those comments from Judge Patricia Millet referenced when the law was invoked in the Second World War. A Justice Department lawyer disputed that analogy and called the district courts restraining order an unprecedented intrusion upon the president's war and foreign policy powers. And Canadians are boycotting U.S. travel in response to President Trump's proposed tariffs, aggressive border tactics and threats of annexation. According to Statistics Canada, Canadians returned from 13% fewer trips by air to the U.S. in February than they did a year ago, while land crossings from the U.S. dropped 23%. The decline threatens to upend local local U.S. economies, according to the U.S. travel association trade group, as even a 10% reduction in Canadian travel could mean $2 billion in lost spending and 14,000 job losses. And that's it for what's news for this Tuesday morning. Today's show was produced by Kate Bullivant and Daniel Bok with supervising producer Sandra Kilhoff. And I'm Luke Vargas for the Wall Street Journal. We will be back tonight with a new show. Until then, thanks for listening.
Episode Release Date: March 25, 2025
Host: Luke Vargas
Produced by: The Wall Street Journal
The episode opens with a significant revelation concerning senior national security officials from the Trump administration who inadvertently discussed highly classified war plans using the unsecured Signal app, a non-government messaging service. This breach resulted in a journalist, Jeffrey Goldberg from The Atlantic, being mistakenly included in the conversation.
Key Details:
Notable Quotes:
Michael Gordon (National Security Correspondent):
"Signal is a popular app for holding private discussions, but national security experts say that government security procedures do not allow it to be used to convey classified information."
[01:58]
Luke Vargas (Host):
"The chats exposed policy differences within the administration and candid views about U.S. allies. Vance, in particular, was skeptical of striking the Houthis, given that little US Trade passes through the Suez Canal and that the move would benefit Europe far more."
[02:21]
Consequences:
Boeing is reportedly considering withdrawing from a guilty plea agreement related to a long-standing criminal case accusing the company of deceiving regulators prior to the tragic crashes of its 737 Max jets. This move seeks more lenient treatment from the Justice Department, influenced by the Trump administration's apparent openness to a lighter touch on white-collar enforcement.
Key Insights:
Notable Quotes:
Ben Katz (Journal Aviation Reporter):
"Trump's team have indicated that they're open to taking a lighter touch towards white collar enforcement. This would be a very high profile example of that."
[03:41]
Ben Katz:
"A guilty plea could seriously impose on its ability to do defence work for the US Government, which is of course its biggest customer in terms of defence."
[04:06]
Ben Katz:
"If it can get that leniency, it will be really critical to help alleviate some of the crisis that Boeing is in at the moment."
[04:23]
Current Status:
In a move signaling a potential thaw in US-China business relations, Beijing has released all detained employees of the US-based Mintz Group. This action concludes a two-year period of uncertainty that had heavily impacted American businesses operating in China.
Key Developments:
Notable Quotes:
Li Ze Lin (China Tech Reporter):
"It comes at a time when Beijing is launching its own charm offensive to woo Western businesses back to invest in China again, as Chinese officials are struggling to kickstart their own economy."
[06:43]
Li Ze Lin:
"Chinese officials basically touted their country as a force for stability and open trade."
[07:08]
Broader Implications:
In a sudden development, Samsung’s co-CEO and head of its consumer electronics division has died from a heart attack. This loss comes at a challenging time for the South Korean tech giant, which is experiencing a downturn in business performance.
Highlights:
Consumer and Housing Market Reports: The Conference Board is set to release its Consumer Confidence Index for March at 10 AM Eastern, alongside two housing market reports, including new home sales data from the Commerce Department.
Legal Battles Over Deportations: U.S. judges are challenging the Trump administration's efforts to deport Venezuelan migrants under the Alien Enemies Act, citing inadequate opportunities for legal challenge. Justice Department officials argue that the restraining orders represent an unprecedented intrusion into executive powers.
Canadian Travel to the U.S. Declines: In response to proposed tariffs, aggressive border tactics, and annexation threats by President Trump, Canadian travel to the U.S. has significantly decreased. Statistics Canada reports a 13% drop in air travel and a 23% decline in land crossings compared to the previous year. The U.S. travel association warns that even a 10% reduction could result in $2 billion in lost spending and 14,000 job losses.
The episode of WSJ What’s News from March 25, 2025, delves into critical issues spanning national security breaches within the Trump administration, Boeing's legal strategies amidst corporate turmoil, shifting US-China business dynamics, and significant corporate leadership changes at Samsung. Additionally, the show touches upon important economic indicators and ongoing legal and international challenges impacting U.S. policies and bilateral relations. These comprehensive discussions provide listeners with a nuanced understanding of the factors currently influencing global markets and political landscapes.
Produced by: Kate Bullivant and Daniel Bok
Supervising Producer: Sandra Kilhoff
Host: Luke Vargas