NPR News: 11-25-2024 9PM EST AI transcript and summary - episode of podcast NPR News Now

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Episode: NPR News: 11-25-2024 9PM EST

Author: NPR
Duration: 00:05:00

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Summary

In the NPR News episode from November 25, 2024, key updates include President-elect Donald Trump's legal challenges as a federal election interference case is dismissed; Special Counsel Jack Smith emphasizes policy limitations on prosecuting a sitting president. Trump also plans to impose tariffs on Canada, Mexico, and China to combat illegal drugs and migration. Additionally, Macy's faces financial discrepancies due to one employee's actions, while Warren Buffett continues his philanthropy by donating stock to family foundations, highlighting major economic and legal developments of the day.

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Full Transcript

00:00:00 Speaker_04
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00:00:12 Speaker_03
Live from NPR News in Washington, I'm Jack Speier. A judge is dismissing the federal election interference case against President-elect Donald Trump. The move grants a dismissal request from Special Counsel Jack Smith. NPR's Ryan Lucas has more.

00:00:27 Speaker_02
Judge Tanya Chutkin's decision to dismiss the election interference case against Trump without prejudice comes just hours after Smith submitted his request with the court.

00:00:36 Speaker_02
In that filing, Smith said the government is confident in the strength and merit of the case against Trump, but that department policy prohibits the prosecution of a sitting president.

00:00:45 Speaker_02
In a separate filing, Smith is also moving to drop the other case he brought against Trump for hoarding classified documents. But prosecutors will continue the prosecution of Trump's two co-defendants in that case.

00:00:57 Speaker_02
Smith had been known to be winding down the cases following Trump's election win. Smith himself is expected to leave his post before Trump takes office. Ryan Lucas, NPR News, Washington.

00:01:07 Speaker_03
President-elect Trump is threatening tariffs on day one of his administration.

00:01:12 Speaker_03
On his social media platform, Trump's saying he'll hit Canada and Mexico with 25% across-the-board tariffs on all goods unless the countries control the flow of illegal drugs, especially fentanyl, and illegal migrants across the border.

00:01:25 Speaker_03
Separately, Trump threatened a 10% tariff on all products from China. Trump has for decades supported the use of tariffs against U.S. trading partners that he views as taking advantage of the U.S.

00:01:35 Speaker_03
Most economists say the cost of tariffs will ultimately be borne by U.S. consumers.

00:01:40 Speaker_03
Macy says an accounting employee hid tens of millions of dollars in expenses at the department's storage chain that forced the company to delay its quarterly financial report, which is widely watched for clues about consumer spending around the holidays.

00:01:54 Speaker_03
More from NPR's Elina Salyuk.

00:01:55 Speaker_05
It's one of the most unusual announcements Macy's has made. The company says it has discovered that a single employee who oversaw expenses from small package delivery had intentionally hid huge sums spent on those expenses.

00:02:08 Speaker_05
It was up to $154 million spent over the past three years. Macy's says the person is no longer employed by them. The company claims nobody else was involved and it did not say why the employee intentionally made these errors.

00:02:22 Speaker_05
This means Macy's is delaying its financial forecast for the all-important holiday season. The chain is trying to turn around its slumping sales with a plan that involves closing 150 underperforming stores. Alina Selyukh, NPR News.

00:02:36 Speaker_03
In what has become something of a Thanksgiving tradition lately, billionaire investor Warren Buffett says he'll give a billion dollars in Berkshire Hathaway stock to four of his family's foundations.

00:02:46 Speaker_03
Buffett also offered new details about who will handle his fortune after his death.

00:02:50 Speaker_03
Buffett initially said his three children would be responsible for distributing $147.4 billion, but added successors to them, given that his children might not be able to give away all that money and their lifetimes need to be added.

00:03:03 Speaker_03
Buffett began giving away much of his vast portion in 2006. This is NPR.

00:03:12 Speaker_03
The nation's highest court is declining to hear the case of a challenge to a federal requirement that cigarette packs and advertising for the products include graphic images depicting the effects of smoking.

00:03:24 Speaker_03
Warnings include pictures of damaged lungs and other effects of cigarette use. Nearly 120 countries around the world have adopted the warning label, so it's not clear when they might appear in the U.S.

00:03:34 Speaker_03
Some legal claims still remain, with the FDA not planning enforcement until next December. A new study shows HIV infections around the world have dropped significantly over the past 15 years. Imperial's Gabrielle Emanuel has more.

00:03:48 Speaker_00
New infections are down more than 20 percent, and much of the progress is in sub-Saharan Africa. Austin Carter is with the Institute for Health Metrics and Evaluation and an author on the study.

00:04:01 Speaker_00
He says this is a testament to national and international efforts. That includes a U.S. program called PEPFAR.

00:04:07 Speaker_01
This program has provided a huge amount of treatment and has translated to a lot of the improvements that we're seeing.

00:04:14 Speaker_00
While much of Africa has made headway, other places are seeing HIV rates go up, like Russia, Ukraine and the Philippines. Gabriela Emanuele, NPR News.

00:04:25 Speaker_03
More than 30 pilot whales that stranded themselves on a New Zealand beach have been safely returned to the ocean. Conservation workers and residents helping to refloat the whales by lifting them on sheets.

00:04:35 Speaker_03
Still at least four of the animals died despite efforts to save them. New Zealand is known as a hot spot for stranding of whales. New Zealand's conservation agency praised what it called the incredible efforts of those involved.

00:04:47 Speaker_03
I'm Jack Speer, NPR News in Washington.