Why Are Waymo Robotaxis Getting So Many Parking Tickets?

SPEAKER_1 (0:00)

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Danny Lewis (0:33)

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.

Ellie Davis (0:44)

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.

Danny Lewis (1:00)

And Cracker Barrel's CEO is leaving after a tumultuous turnaround attempt. It's Monday, July 27th. I'm Danny Lewis for The Wall Street Journal, filling in for Alex Osela. 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 tumultuous three years.

Julie Massino 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 Massino 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 Bloomin 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 percent while Apple climbed 1.2 percent 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 sliding today, pulling the Nasdaq lower to start the week. It lost 0.2 percent while the Dow Industrials gained half a percent. 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, DC. WSJ National Security Reporter Robbie Grammer says Graham's funeral will bring together leaders from around the country and the world.

Robbie Grammer (3:29)

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 Zelensky 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's 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.

Danny Lewis (4:30)

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.

Robbie Grammer (4:38)

Lindsey Graham represented this hawkish view of defending American allies, of 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.