AI Summary
5 min readA Pilot Stabbed His Co-Pilot Mid-Flight — and the Market Kept Climbing Anyway
The plane had been in the air for about two and a half hours when it started dropping "really dramatically." One passenger described it as "like a free fall" — terrifying, like "crazy turbulence." But it wasn't turbulence. On a FlyDubai flight from Dubai to Tel Aviv early Wednesday morning, one pilot had stabbed the other. Passengers and crew got involved, and the plane made an emergency landing in Saudi Arabia — a country with which Israel has no formal diplomatic relations. Israeli Prime Minister Benjamin Netanyahu described the incident as an attempt to crash the plane, which was carrying passengers. The suspected attacker was under arrest, according to Netanyahu. Emirati authorities have not stated a motive. The passengers eventually landed safely at Ben Gurion Airport in Tel Aviv, where they were met with clapping and cheering from waiting families. WSJ reporter Anat Peled, who covers Israel and the Palestinian territories, described the scene as "a moment of relief."
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What you'll learn
- 1 (00:00) **Episode Introduction** - Host Danny Lewis sets up the day's top stories: a mid-air pilot attack, tech-driven market gains, and a record-breaking university donation.
- 2 (01:19) **FlyDubai Flight Emergency Landing After Pilot Stabbing** - A Dubai-to-Israel flight makes an emergency landing in Saudi Arabia after one pilot attacks the other.
- 3 (03:05) **Fed Watchdog Clears Powell on HQ Renovation** - The Federal Reserve's Inspector General finds no administrative misconduct or criminal grounds related to the renovation of the central bank's headquarters.
- 4 (03:50) **FTC Investigates Anthropic and OpenAI Over AI Safety Claims** - The Federal Trade Commission probes whether the AI companies misled consumers about potential existential harms from their technology.
- 5 (05:15) **Market Rally Driven by Big Tech in a Turbulent Quarter** - The S&P 500 and Nasdaq post double-digit gains for the fourth consecutive year, largely due to AI-related stocks.
- 6 (07:18) **Wall Street's Cooler Third Quarter Ahead of Earnings** - Big banks warn that third-quarter results won't match the blockbuster second quarter, weighed down by fixed income trading.
- 7 (07:50) **Mattel CEO Departs for Paramount-Warner Bros. Discovery** - Enon Kreiz leaves Mattel to become co-CEO of the combined media giant, while Condé Nast CEO Roger Lynch takes over at Mattel.
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Show Notes
P.M. Edition for Sept. 30. One pilot of the FlyDubai flight to Tel Aviv is in custody after a cockpit stabbing forces an emergency landing in Saudi Arabia. Journal reporter Anat Peled brings us the latest. Plus, the 10-year Treasury yield hits a 24-year high, while stock markets remain on track for double-digit gains in 2026 after a turbulent third quarter. WSJ reporter Heather Gillers explains what’s driving markets–and what poses a risk to the rally. And Eli Lilly says a study of its next-generation obesity drug suggests it could help patients lose even more weight. Pharmaceutical industry reporter Alex Janin breaks down what this means for the weight-loss space. Danny Lewis hosts.
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