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This podcast is brought to you by relioQuest. Cybercriminals are constantly attacking. They want your data. They want your identity. They want your innovation. RelioQuest fortifies your business with agentic defense AI that detects, contains and eliminates cyber threats in minutes. It helps your security team move faster at the work that matters most to protect the business now and delivers insights to help them predict what's next. ReliaQuest agentic defense for the enterprise. Learn more at reliaquest.com that's R E L I A Q U E-S-T.com.
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Companies are turning to nano influencers to help sell their products on social media. Plus How Waymo has racked up thousands of dollars in parking tickets in one American city.
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The cars don't drive under the influence. They never speed, so they solve a lot of problems. But they come with their own package of other issues, including parking and not always being able to navigate unpredictable circumstances
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and Cracker Barrel CEO is leav after a tumultuous turnaround attempt it's Monday, July 27th. I'm Danny Lewis for the Wall Street Journal, filling in for Alex Oslo. This is the PM edition of what's News, the top headlines and business stories that move the world today. Cracker Barrel says its CEO is stepping down after a tumultuous three years. Julie Messino tried to update the decades old brand for a younger generation with moves like changing the Cracker Barrel logo, updating its menu and removing tchotchkes from the walls. But many of the changes alienated some core diners and conservatives, and the resulting controversy, which was magnified on social media by online bots, led Messina to scrap much of her strategy, though the company appeared to be turning around recently. Cracker Barrel says she'll be succeeded by David Dino, the former CEO of Blumen Brands, which owns Outback Steakhouse. Cracker barrel shares fell 2.4% today. New York City building officials have halted construction work at a lower Manhattan office tower that's being converted into apartments. The stop work order followed an inspection blitz from the Department of Buildings after two columns buckled at the former Pfizer headquarters building in Midtown earlier this month. The lower Manhattan building stopped construction last week, according to the developer. City inspectors said the contractor failed to notify the city about two concrete beams on the top floor that developed cracks. The developer says the beams cracked in March but were repaired quickly and it was considered a minor issue, and that the stop work order was because of a reporting timeline discrepancy, not safety issues in markets. Nvidia shares fell 5%, while Apple climbed 1.2% and regained its title as the largest US company by market cap. Apple closed today at $4.95 trillion. Nvidia had spent 272 trading days as the largest US company. Nvidia joined other chip stocks in slid, pulling the Nasdaq lower to start the week. It lost 0.2% while the Dow industrials gained 0.5%. The S& P ended the day close to flat and global oil prices fell below $86 a barrel after the Trump administration paused plans to escalate its war in Iran. Energy supplies are still under pressure, however, after months of conflict. The funeral service for South Carolina Senator Lindsey Graham is taking place Tomorrow in Washington, D.C. wSJ national security reporter Robbie Gr says Graham's funeral will bring together leaders from around the country and the world.
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This is a senator who really made his imprint on Washington, on American foreign policy over decades. And so there are going to be numerous US Lawmakers who are going to be there, of course, Trump administration officials, former administration officials, and some foreign leaders coming into town, including most notably Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu. It just speaks to the outsized power that Lindsey Graham had. He was seen widely as the, quote, unquote, Trump whisperer of Capitol Hill. He is going to be held in the rotunda of the Capitol building. That's a private event that many lawmakers, foreign leaders, can go to. And then he will be going up to the National Cathedral. It is going to be a big ceremony honoring his life and legacy, but also in a way, a big basically diplomatic conference. You've got President Trump, all of these US Lawmakers, some foreign leaders, and after that, he will be transferred down to South Carolina, his home state, to be laid to rest there.
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Robbie says the gathering highlights the deep interest Graham had in how the US Uses its power to protect its friends and go after its enemies.
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Lindsey Graham represented this hawkish view of defending American allies, stepping up pressure on adversaries like Russia and China and Iran, and played a really influential role in advising Trump in the run up to this current war with Iran.
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Graham was also one of Israel's most effective advocates in Washington, even helping Netanyahu sell Trump on the war against Iran.
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There's a real sense that the mood in America is shifting on Israel. There used to be this, this almost untouchable bipartisan support for Israel. That's changed. And with Graham dying, it's just another sense of is this era in US Israeli relationship? Is that a thing of the past? Are these types of hawkish pro Israel lawmakers? Are they dying out? And Graham's fun is going to be another stark reminder to proponents of the US Israeli ties that this is a very worrying trend line for them in the future.
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Netanyahu is also expected to meet with Trump during his US trip, a win for the prime minister after weeks of lobbying for a White House sit down. Coming up, Ford is chasing its biggest defense contract since the Cold War. More on that just ahead.
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This podcast is brought to you by reliaQuest. Cybercriminals are constantly attacking. They want your data. They want your identity. They want your innovation. RelioQuest fortifies your business with agentic defense AI that detects, contains and eliminates cyber threats in minutes. It helps your security team move faster at the work that matters most to protect the business now, and delivers insights to help them predict what's next. ReliaQuest Agentic Defense for the enterprise learn more at reliaquest.com that's R E L I A Q U E-S-T.com.
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There's almost nothing that makes me more furious than trying to find a parking spot in New York City, circling the block over and over only to have someone else nab that spot that just opened halfway down the street. Maddening. But it turns out that Robo taxis have a hard time finding parking spots too. Since Waymo's self driving cars hit the streets of Austin, Texas two years ago, the Alphabet owned Robo Taxi company has racked up more than $9,000 in parking tickets, according to documents obtained by the Wall Street Journal through an open records request. Joining now to talk about why Waymo is having such a tough time with this is WSJ's Ellie Davis in Detroit. Ellie Waymo self driving vehicles can handle things like highway driving, and even some human driven cars can help you parallel park. Why are Waymo's vehicles struggling with this?
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Once they give somebody a ride, they kind of have to wait around for the next person to call them and tell them to come and pick them up. So a lot of the cars end up using public parking spaces while they're waiting to get hailed for their next next ride. And sometimes that means they end up stopping somewhere that they shouldn't. So they've gotten 64 fines for parking in a tow away zone, 13 for not parking at a metered spot and nine for double parking. And they got a 519 ticket back in September 2024 for parking in a handicap spot. And that's a big one that residents notice.
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What does Waymo have to say about this?
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The company says that they pay tickets for its parked cars like any other driver, and they do not expect different treatment in regards to ticketing. So just like any other person that gets a parking ticket, Waymo has to deal with the fines in court.
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You've also reported this summer about how federal regulators are asking robotaxi companies to fix how they interact with police and ambulances and other first responders and how police in different cities need to fix figure out how to get them to obey traffic laws like we were just talking about. What are the central issues here that are leading to those problems?
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The main problems that they were seeing were several incidents of autonomous vehicles driving into active emergency scenes and sometimes even blocking the paths of ambulances and firefighters. So the waymos are programmed to recognize flashing lights and are supposed to roll down their window when they see the the uniform of a police officer. And then through the car, the officer can get in touch with a representative of the company who can remotely send instructions to the car.
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So robo taxi companies say their vehicles are statistically safer than human drivers. But in the eyes of law enforcement or passengers, do these issues with, you know, parking in the wrong places or getting in the way of first responders undermine that argument, or is this just sort of a minor issue in, you know, a developing piece of technology?
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Independent analyses have confirmed that per mile autonomous vehicles, specifically waymos, are involved in fewer crashes and cause fewer injuries than human drivers and police officers that I spoke to appreciate that the cars don't drive under the influence. They never speed. So they solve a lot of problems, but they kind of come with their own package of other issues, including parking and, and other things that have to do with them not always being able to navigate unpredictable circumstances for which the algorithm doesn't really fit.
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That's WSJ's Ellie Davis. Thanks so much for joining us.
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Thanks so much for having me.
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And turning to traditional automakers, Ford is looking to get back in the business of building vehicles for the Pentagon. Ford says it's joined the race to build the US Army's newest tactical truck. It's competing for the contract with its Detroit rival, gm. The army has said it needs trucks that can move troops over tough terrain and also double as a mobile charging unit for drones and command and control systems. It wants about 600 of the vehicles. Ford's version of the truck is based on its popular F series pickup trucks. The Pentagon is pushing automakers to put their manufacturing power toward replenishing the US Military stockpile. And speaking of the military, heads up that we dropped a special bonus episode earlier today. In the latest what's News in earnings, we look at the soaring backlogs in the defense industry. That's in your what's News feed now. How many followers does it take to make a social media influencer? For years, marketers went for the big numbers. People whose accounts had hundreds of thousands or even millions of followers watching their professionally polished content. But now more and more regular people with just a few hundred followers are landing brand deals as social media marketing enters what some executives are calling the post follower era. WSJ reporter Katie Dayton says these small scale influencers are called nano influencers.
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The people that consider themselves to be nano influencers. A lot of the time they're stay at home moms posting their shopping halls. They go to Target, they tell their followers what they buy and they see how well that could fit in with the lives that they're already leading. A lot of these new programs that I'm seeing popping up from the likes of Target, from the likes of Little Spoon, which is a baby food maker, they're just saying like, we just need 500 followers. And that's basically to make sure you're a real person and you are active on social media. One content creator, Reid Mattet, who I interviewed for this story, she has been doing Club Target for a few months now. The program launched in May and she's made $10. She's hoping to make her second gift card, which is $15. So you do move up through the ranks and different programs pay out differently, but you're absolutely not going to make enough money doing this to have it replace a full time job.
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But Katie says that influencers with millions of followers are still very important to advertisers.
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They are still so vital to getting the big brand story out there and they act more like celebrities, like brand ambassadors. If you think of influencers like a pyramid with the mega influencers at the top and the nano influencer influencers at the bottom, they're just kind of redistributing their budgets more down the bottom now. So if it's not going to cost them a lot of money to do these deals with nano influencers because the pay is so small. But there's a chance that one of those videos could go viral and even if it doesn't, they're still reaching, you know, 500 followers of 500 people. And it's regular people that are pretty good at selling honestly and that's what's
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news for this Monday afternoon. Today's show was produced by Anthony Banci with supervising producer Tali Arbelt. I'm Danny Lewis for the Wall Street Journal. We'll be back with a new show tomorrow morning. Thanks for listening.
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This podcast is brought to you by reliaQuest. Cybercriminals are constantly attacking. They want your data. They want your identity. They want your innovation. ReliaQuest fortifies your business with agentic defense AI that detects, contains, and eliminates cyber threats in minutes. It helps your security team move faster at the work that matters most to protect the business now, and delivers insights to help them predict what's next. ReliaQuest agentic defense for the enterprise. Learn more at reliaquest.com that's R E L I A Q U E-T dot com.
Date: July 27, 2026
Host: Danny Lewis (for Alex Oslo)
Main Guest: Ellie Davis, WSJ Detroit Reporter
This episode of WSJ What’s News PM Edition explores the challenges facing Waymo's robotaxi fleet in Austin, Texas, in particular their propensity to rack up parking tickets. The discussion dives into why these autonomous vehicles struggle with parking regulations, the broader challenges they face on city streets, and the regulatory responses. Additional segments cover other key headlines from business and markets, but the in-depth feature focuses on the intersection of self-driving technology and real-world urban environments.
[06:26 – 09:54]
Parking Woes of Robotaxis
Types of Violations
Waymo’s Response
[08:11 – 09:54]
Interactions with Emergency Services
Federal regulators are pressing robotaxi fleets to improve interactions with police and first responders.
Key issues: autonomous cars sometimes block the paths of ambulances/firefighters and drive into active emergency scenes.
Ellie Davis: “The main problems that they were seeing were several incidents of autonomous vehicles driving into active emergency scenes and sometimes even blocking the paths of ambulances and firefighters.” [08:30]
Vehicles are programmed to recognize flashing lights and to put authorities in touch with company reps who can remotely control the cars.
Comparisons to Human Drivers
Independent analyses show Waymos are statistically safer per mile than human drivers.
Benefits: They never speed or drive under the influence.
Downsides: Struggles with “unpredictable circumstances for which the algorithm doesn’t really fit.”
Notable Quote:
On Robotaxis' Odd New Habits:
On the Unusual Size of Fines:
On Law and Algorithmic Limitations:
The conversation is factual and lightly humorous, especially in the host's relatable frustration with parking in cities. There is a focus on the pragmatic realities of both technological progress and regulatory adaptation, without hype or alarmism.
Waymo’s robotaxi fleet has repeatedly racked up parking tickets in Austin due to their need to “wait” between rides and parking algorithm limitations. While the vehicles are law-abiding and “never speed or drive under the influence,” they cannot yet master the human art of parking in crowded urban environments or handling chaotic situations like emergencies. Regulators are taking notice, and while robotaxis are statistically safer than human drivers, their foibles with parking and emergency response highlight the new set of urban challenges arising from autonomous vehicles.
For listeners who missed the episode:
This deep dive gives a grounded picture of why robotaxi fleets, despite technological advances, still struggle with basic urban requirements like parking, and how these operational quirks are shaping the regulatory conversation around self-driving cars. The discussion is clear, accessible, and offers both the scale of the problem and its real-world implications for city life and tech adoption.