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Bloomberg News Now

Bovino to Leave MN After Backlash, South Korea Tariffs, More

27 Jan 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.892 - 6.398 Carol Masser

I'm Carol Masser. And I'm Tim Stenevek, inviting you to join us for the Bloomberg Businessweek Daily Podcast.

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6.418 - 11.083 Tim Stenevek

Now, every day we are bringing you reporting from the magazine that helps global leaders stay ahead.

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11.143 - 15.487 Carol Masser

We've got insight on the people, the companies and trends that are shaping today's complex economy.

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15.588 - 30.223 Tim Stenevek

That's right, Tim. We're all over global business, finance, tech news, all as it is happening in real time. And we've got complete coverage of the U.S. market close. Got to say, basically, if it impacts financial markets, if it impacts companies, if it's impacting trends and narratives that are out there, we are on it.

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30.203 - 37.68 Carol Masser

We also have a lot of fun doing it. Bloomberg Businessweek also brings you the analysis behind the headlines through conversations with our expert guests.

37.76 - 43.332 Tim Stenevek

And we are doing this all live each weekday. And then we bring you the best analysis in our daily podcast.

43.513 - 47.622 Carol Masser

Search for Bloomberg Businessweek on YouTube, Apple, Spotify, or anywhere else you listen.

47.602 - 52.009 Tim Stenevek

Check it out on your way home from work to catch up on the conversations that you missed during the business day.

52.129 - 66.994 Carol Masser

And on the weekend, check it out for a complete wrap-up of your business week. That's the Bloomberg Business Week Daily Podcast. I'm Carol Masser. And I'm Tim Stenevex. Subscribe today wherever you get your podcasts.

Chapter 2: What recent events led to Commander Bovino's departure from Minneapolis?

321.398 - 339.061 Doug Krisner

That is Bloomberg's Miles Miller. Now, power grids are also under pressure as a deep freeze now sets in following the storm. The grid operator PJM Interconnection issued an emergency for Tuesday and warned demand will exceed 147 gigawatts. That's an all-time high for winter.

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339.321 - 362.029 Doug Krisner

Six people are presumed dead after a private jet crashed during takeoff at Bangor International Airport in Maine Sunday evening. The cause of this crash is under investigation. It occurred as the winter storm was affecting the area and federal investigators were initially unable to reach the crash site due to the weather. India and the European Union are set to announce a trade deal.

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362.41 - 385.898 Doug Krisner

These two jurisdictions are forcing closer economic ties as a way of defending against President Trump's tariffs. Now, an agreement would lower tariffs on most consumer and industrial goods traded between India and the European Union. It would also benefit the EU's car exports. British Prime Minister Keir Starmer said today the UK would not have to choose between the US and China

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385.878 - 408.221 Doug Krisner

as he spoke about significant opportunities for British businesses ahead of Starmer's trip to Beijing this week. Starmer insisted the U.K. could meet President Xi Jinping without angering President Trump. He also said the U.K. could enjoy close relations with the U.S. and business opportunities in China. And that is News When You Want It with Bloomberg News Now.

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408.421 - 434.642 Doug Krisner

I'm Doug Krisner and this is Bloomberg. Today's show is brought to you by Vanguard. To all the financial advisors listening, let's talk bonds for a minute. Capturing value and fixed income is not easy. Bond markets are massive, murky, and let's be real, lots of firms throw a couple flashy funds your way and call it a day. But not Vanguard. At Vanguard, institutional quality isn't a tagline.

435.123 - 456.67 Doug Krisner

It's a commitment to your clients. We're talking top-grade products across the board of over 80 bond funds. actively managed by a 200-person global squad of sector specialists, analysts, and traders. These folks live and breathe fixed income. So if you're looking to give your clients consistent results year in and year out, go see the record for yourself at Vanguard.com slash audio.

457.07 - 462.797 Doug Krisner

That's Vanguard.com slash audio. All investing is subject to risk. Vanguard Marketing Corporation Distributor.

463.655 - 491.485 Barry Ritholtz

I'm Barry Ritholtz, inviting you to join me for the Masters in Business podcast. Every week, we bring you fascinating conversations with the people who shape markets, investing, and business. CEOs, fund managers, billionaires, Nobel laureates, traders, analysts, economists, everybody that affects what's going on in the market, whether you own stocks, bonds, real estate, commodities, crypto,

491.465 - 514.07 Barry Ritholtz

You really need to hear these conversations. Sometimes it's behaviorists like Dick Thaler or Bob Schiller. Sometimes it's fund managers like Peter Lynch, Bill Miller, Ray Dalio. Sometimes it's authors, Michael Lewis, author of The Big Short and Moneyball. Regardless of the conversation, these are the folks that move markets each week.

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