Karen Moscow

Wexner testified behind closed doors about his relationship with the late sex offender to Democrats on the House Oversight Committee.

Meanwhile, Apollo Global Management told clients its top executives had no business or personal ties to Jeffrey Epstein after newly released Justice Department files named CEO Mark Rowan in past communications.

The firm said any contact was limited to information shared for Leon Black's tax matters and nothing in the new documents changes prior findings.

President Trump is gathering with representatives from more than two dozen countries this morning that have joined his Board of Peace, as well as several others that have opted not to.

And today's inaugural meeting is focused on reconstruction for a war-battered Gaza.

Authorities say the bodies of eight backcountry skiers have been found, and one remains missing after an avalanche near Lake Tahoe in California.

Heavy snow and the threat of additional avalanches slowed the rescue effort in the mountains near Castle Peak, northwest of Lake Tahoe.

Former South Korean President Yoon Suk-yool has been sentenced to life in prison for his brief imposition of martial law to suppress the opposition.

The Seoul Central District Court found Yoon guilty of mobilizing military and police forces in an illegal attempt to seize the liberal-led National Assembly, arrest politicians, and establish unchecked power for a considerable time.

Taking a look at Walmart shares this morning, they are higher, and this is even after it issued a forecast for full-year earnings that missed higher expectations, and it flagged the unpredictable state of trade and labor market conditions.

We get more with Bloomberg's Emily Cohen.

And that's Bloomberg's Emily Cohen.

The U.S.

trade deficit widened in December, capping a turbulent year of erratic tariff policy.

The goods and services trade gap expanded from the prior month to $70.3 billion.

The shortfall culminated in a full-year deficit of $901.5 billion, still one of the largest in data back to 1960.

applications for u.s unemployment benefits fell by the most since november adding to evidence of stabilization in the labor market initial claims decreased by 23 000 to 206 000 in the week that ended february 14th and at the olympics norway continues to lead the medal count it has 34 overall 16 of them are gold the u.s remains in third place with seven gold medals

and 24 overall.

And that's the news when you want it with Bloomberg News Now.

I'm Karen Mosigow, and this is Bloomberg.