The Pentagon orders an aircraft carrier to the Caribbean,
an escalation of the Trump administration's campaign to target drug smugglers there.
Plus, yesterday's earnings may break a losing streak for Intel,
but the company's problems aren't solved yet.
And how Chinese leader Xi Jinping has recalibrated his relationship with President Trump ahead of next week's summit in South Korea.
The U.S. seems to be trying to figure out a way to deal with the very aggressive rare earth measures put forward by the Chinese to reassert their position in this relationship.
It's Friday, October 24th.
I'm Alex Osela for The Wall Street Journal.
This is the PM edition of What's News,
the top headlines and business stories that move the world today.
We begin this evening in Washington,
where the Pentagon has said that it's sending the Navy's most advanced aircraft carrier to the Caribbean.
A Pentagon spokesman said today that Defense Secretary Pete Hegseth has ordered the USS Gerald R. Ford carrier,
which is currently deployed in the Mediterranean,
to the Caribbean, bringing dozens more fighter and surveillance aircraft,
along with other Navy warships that accompany a carrier.
The dispatch of a carrier is the strongest sign yet that President Trump is serious about striking targets on land in what,
according to two Navy officials,
his administration has said is an effort to destroy drug smuggling operations.
And Canadian Prime Minister Mark Carney told reporters today that his government is ready to resume trade talks when the U.S. is ready and that his government would pick up where they had left off before President Trump ended negotiations yesterday.