WSJ What’s News - NATO Planes Shoot Down Russian Drones Over Poland

Episode Date: September 10, 2025

A.M. Edition for Sept. 10. Russian drones went further into NATO-territory than ever before during the Ukraine war, with Polish Prime Minister Donald Tusk calling the attack a large-scale provocation. WSJ editor Dan Michaels details the allied response and what we know so far. Plus, weight-loss drug giant Novo Nordisk slashes thousands of jobs. And, WSJ’s Hannah Erin Lang details Robinhood’s plans to launch a social-media platform, in a bid to get traders off Reddit. Caitlin McCabe hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Today we have seen a reckless and unprecedented violation of Poland and Europe's airspace by more than 10 Russian Shahid drones. Europe stands in full solidarity with Poland. Plus, Ozympic maker Nova Nordus cuts thousands of jobs. remember the GameStop frenzies started by traders on Reddit? Well, Robin Hood wants to bring that chat home. It's Wednesday, September 10th. I'm Caitlin McCabe for the Wall Street Journal, and here's the AM edition of What's News, the top headlines and business stories moving your world today. We begin in Poland, where the military has shot down Russian drones that went deep into NATO territory. The drones crossed into Poland during an overnight strike by Moscow on Ukraine, making their way

further west than at any other point in the war. No damage was reported from the drones, but airports across Poland have been shut as NATO forces scrambled aircraft to shoot down numerous drones. Dan, Michael, sets up our coverage of European politics. Dan, obviously, this is a developing situation. What do we know so far? We know that several Russian drones crossed into Poland. They were shot down by Polish and other NATO air forces, including using American-made F-35 fighter planes. The Polish response to... It seems to have been pretty fast and apparently thorough. There's no report yet that drones were able to cause significant damage.

It's quite likely that what the Russians were doing here was trying to test some NATO defenses, not actually trying to destroy things in Poland. But we have had several occasions since the war started where a drone strayed into NATO airspace. And most likely those were either errors or the occasional task. But the number of drones in this incident overnight would suggest that it probably wasn't an accident that Russia really was pushing the limit here. You mentioned NATO. How has NATO responded to this?

And what will the Allied role be? NATO hasn't responded to this yet officially. The NATO governing council called the North Atlantic Council, which is the assembly of the ambassadors of the 32 NATO countries, already had a regular meeting. scheduled this morning. And at that meeting of the North Atlantic Council, the ambassadors will address this. They'll be briefed by, I assume Poland, by some of their military command to understand exactly what happened. The alliance itself is unlikely to do anything immediately. Nobody at this point wants to turn this into a cause for war. It's unlikely that NATO members

are going to advocate some kind of military response to Russia. But this is a difficult situation for NATO. It's what people have been worried about for a while is a sort of borderline situation where Russia or one of its proxies does something that is essentially hostile but isn't at a level of being considered an act of war. And so how does the alliance, how do its members respond? And basically everyone's going to be scratching their heads on that issue today. Yeah, absolutely.

And, Dan, this also comes at a time when the U.S. has been pushing Russia for a peace deal in Ukraine. This, if anything, seems to be sending a different message. Europeans have been saying for at least several weeks now that the rhetoric in the discussions with Washington and around what Europe has been advocating, that Moscow hasn't been following through on any discussions of peace with actions that would suggest they actually want peace, in fact, over recent days. in weeks, it seems the intensity of Russian attacks on Ukraine has increased. So this does not seem like it's going to be conducive to efforts for peace, at least not in the short term. At least that's the way it's probably going to be interpreted in NATO capitals. Dan Michaels is our Brussels Bureau

Chief. Thank you so much for joining us. Good talking to you. Thanks. Just this morning, the EU Commission President Ursula von der Leyen called the drone attack reckless and said stronger sanctions on Russia were needed. For more coverage of this developing story, check out WSJ.com throughout the day. Coming up, the rest of the day's news, including a major turn of fortunes for weight loss drug giant Novo Nordisk. Plus, Robin Hood launches its own social media platform for traders. That story and more after the break.

This message comes from Viking, committed to exploring the world in comfort. Journey through the heart of Europe on an elegant Viking longship with thoughtful service, destination-focused dining and cultural enrichment on board and on shore. And every Viking voyage is all-inclusive with no children and no casinos. Discover more at viking.com. A federal judge in Washington has blocked President Trump from removing Lisa Cook from the Federal Reserve Board of Governors while a lawsuit challenging her firing proceeds. The judge granted Cook's request for a temporary court order to keep her seat on the Fed board,

with Judge Giacob saying Cook is likely to succeed on her claim that Trump violated the Federal Reserve Act because her firing didn't comply with the requirement that officials can only be removed for cause. The journal's Deputy Finance editor Quinton Webb says Trump's move to fire Cook is seen as one of his most aggressive acts in his bid to reshape the Fed. This setback for the Trump administration comes just days before the Fed's next policy setting meeting. Recall that Lisa Cook is not just a member of the board of governors, but also a member of the broad. Federal Open Market Committee, which is the committee that sets interest rates. We believe that Trump administration is likely to seek a swift appeal of this ruling. The administration has said that, you know, there is a clear cause for removal in its opinion here

because they allege that Lisa Cook made inconsistent representations in these important financial documents, i.e. in her mortgage application. And the Supreme Court has agreed to quickly hear the Trump administration's bid to save its sweeping global tariffs, setting the stage for a final ruling and what has been a cornerstone of the president's economic agenda. Trump's tariffs, which have already been dealt a string of defeats in the lower courts, are set to remain in place until the case is decided. The Supreme Court decision could arrive before the end of the year. The Trump administration said the legal uncertainty was undermining the White House's position in ongoing trade negotiations.

Small businesses who have challenged the tariffs have also asked for a quick resolution, saying the levies were having an economic impact. Meanwhile, President Trump is stepping up federal enforcement of rules for pharmaceutical advertisements. The Food and Drug Administration said it is sending thousands of enforcement letters to drug makers related to misleading ads, and the Department of Health and Human Services is also planning to close what the administration sees as a loophole that has allowed certain broadcast ads to give abbreviated descriptions of drug side effects. Administration officials said the enforcement targets drug maker TV ads, as well as paid social media influencer posts and telehealth advertising. A spokesman for

pharmaceutical research and manufacturers of America, says these types of ads help patients make informed decisions about their health care options. In corporate news this morning, OZempic Maker Novo Nordisk has announced plans to cut 9,000 jobs, which is about 11% of its workforce. The move comes as the Danish company aims to deliver nearly $1.3 billion in savings by the end of 2026, amid fierce competition in the weight loss drug market. Meanwhile, Oracle shares have surged more than 20% in off trading after the company gave a promising forecast for its cloud business driven by AI computing demand. If the stock gains hold through today's session, Oracle will finish at a new all-time high.

And Swedish lender Klarna will make its long-awated public debut on the stock exchange today. The company, which is best known for its buy-now, pay-later services, set its IPO price at $40 a share, that's above the expected range, giving it a valuation of $15.1 billion. If there's one thing we know about retail investors these days, it's that they love to chat about their trades on online forums. Platforms like Reddit and X have become ground zero for the activity over the years, and now Robin Hood is diving in. The popular trading platform is adding a social network to its mobile app that will allow users to post their trades, follow other investors, and track the market moves of public figures like former U.S. House

speaker Nancy Pelosi. According to Robin Hood, posted trades will be verified. and users can see when a contributor entered and exited a position and also checked their performances. Journal Markets reporter Hannah Aaron Lang has more. So basically you know that the authors of these posts and the trades that they are posting about are real, right, are legit. Because that's been a real problem. If you're on Reddit or on X, you can doctor screenshots. You can say that you made a $20,000 bet on a particular stock, and that may not be the case, right? So there's a legitimacy element that Robin Hood is pointing to here.

Hannah says the move reflects Robin Hood's desire to better cater to active customers. The company will roll out a beta version to roughly 10,000 users next year. And that's it for What's News for this Wednesday morning. Additional sound in this episode was from Reuters. Today's show is produced by Kate Bolivant and Hattie Moyer. Our supervising producer is Sandra Kilhoff. And I'm Caitlin McCabe for The Wall Street Journal. We'll be back tonight with the new show.

Until then, thanks for listening. Viking committed to exploring the world in comfort. Journey through the heart of Europe on an elegant Viking longship with thoughtful service, cultural enrichment, and all-inclusive fares. Discover more at viking.com.