The thing about AI for business, it may not automatically fit the way your business works.
At IBM, we 've seen this firsthand, but by embedding AI across HR,
IT and procurement processes, we 've reduced costs by millions,
slash repetitive tasks and freed thousands of hours for strategic work.
Now we 're helping companies get smarter by putting AI where it actually pays off,
deep in the work that moves the business.
Let's create smarter business, IBM.
Inflation rises to its highest level in three years.
Plus, President Trump heads to Beijing for a summit with Chinese leader Xi Jinping.
We'll get into what's on the table and what's at stake.
If he has a good meeting and he comes away with some tangible things from Beijing,
he could sell that to the American people that his brand of 2026 diplomacy is still effective.
And criminal charges against the operator of the ship that crashed into Baltimore's key bridge and killed six people.
It's Tuesday, May 12th.
I'm Alex Osula 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.
Start the show today on a topic that's on top of mind for a lot of people, how much things cost.
And it turns out they're costing more.
New data from the Labor Department out today showed that inflation rose 3.8 percent in April from a year earlier.
It's the biggest jump in three years and clearly shows the effect of the Iran war on energy costs.