Chapter 1: What is the main topic discussed in this episode?
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over 10 trillion pounds in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
News when you want it with Bloomberg News Now.
Chapter 2: What happened at Mar-a-Lago involving the Secret Service?
I'm Monica Ricks. We're following the latest out of South Florida where the Secret Service confirms it shot and killed a man who broke through a security perimeter at Mar-a-Lago overnight. This happened around 1.30 in the morning and we should know President Trump was not on the property at the time. He was at the White House when agents and a Palm Beach sheriff's deputy confronted the man.
According to a statement on X, the man in his 20s was carrying what appeared to be a shotgun and fuel can, but we still don't know why. No law enforcement officials were injured.
If you want to give yourself some extra time to get through airport security if you're flying this morning, Homeland Security just temporarily shut down TSA PreCheck and Global Entry due to the partial government shutdown.
More than 40 million people combined are enrolled in these programs, but Secretary Kristi Noem says they're prioritizing the general public now as staffing gets redirected at airports and ports. DHS has been shut down for a week now as Democrats in the White House butt heads over ICE reforms.
Meantime, ICE plans to shrink its detention facility network, and that could mean a hit to private prison operators. Bloomberg's Nathan Hager has more from Washington.
Right now, ICE has detainees in more than 200 facilities, most of them owned by private prison giants like GeoGroup and CoreCivic. But the agency now plans to shift to a network of 34 larger sites, mostly industrial warehouses, all owned by the Department of Homeland Security. The move would be a major expansion of immigrant detention. It could also be a blow to the prison industry.
Both GEO and CoreCivic get close to half their revenue from ICE contracts. In Washington, I'm Nathan Hager, Bloomberg Radio.
Millions of Americans are bracing for blizzard conditions now with another major winter storm set to hit the Northeast today. Bloomberg meteorologist Craig Allen is tracking it.
It's affecting mostly north of D.C., but potentially crippling New York City on up to Boston during tonight into Monday. Amounts around D.C. should stay under a slushy half foot, but blizzard conditions of one to two feet of snow with winds frequently over 50 miles per hour will bring New York City to Boston and all areas in between to a crawl.
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Chapter 3: How are TSA programs affected by the government shutdown?
This was one of the largest labor fights the city's ever seen, at one point seeing about 15,000 nurses walk off the job. Several hospitals had to bring in temporary nurses and postpone many procedures to fill the gaps. And Team USA has one more shot to medal before the Winter Olympics wrap up in Italy. The U.S. men's hockey team is playing in a gold medal match with Canada right now.
It's a rematch of its 2002 and 2010 games. Canada won both times. And that's news when you want it with Bloomberg News Now. I'm Monica Ricks and this is Bloomberg.
As a place to do business, the UK stands apart. Not because of a single advantage, but a uniquely powerful combination of many. As one of the world's leading financial centres, the UK puts over £10 trillion to work every day, fuelling innovation across every sector. Home to four of the world's top universities, it provides exceptional talent and breakthrough research.
This sits alongside a clear 10-year industrial strategy, unlocking smarter regulation and making it faster and easier to operate. Stability with dynamism. Global connectivity with local depth. It all adds up to greater growth. Visit business.gov.uk slash growth. The news doesn't stop on the weekends.
Context changes constantly. And now Bloomberg is the place to stay on top of it all.
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On Saturday mornings, we put the past week's events into context, examining what happened in the markets and the world.
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