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Chapter 1: What is the main topic discussed in this episode?
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News when you want it with Bloomberg News Now. I'm Nathan Hager. And I'm Karen Moscow. Karen, we begin this morning with the passing of a civil rights icon. The Reverend Jesse Jackson has died at the age of 84. Bloomberg's Alexis Christophorus joins us with more. Good morning, Alexis. Good morning. The famed civil rights leader who marched alongside Martin Luther King Jr.
and later ran for president twice. died peacefully this morning, surrounded by his loved ones, according to his family. A cause of death was not immediately given. Jackson revealed he had Parkinson's in 2017 and had been hospitalized since November after being diagnosed with a degenerative condition.
Jackson's activism spanned decades, including two runs for the Democratic presidential nomination in 1984 and 88. In 2000, President Clinton awarded Jackson the country's highest honor, the Presidential Medal of Freedom, citing his decades of work to make the world a better place. Jesse Jackson is survived by his six children and his wife of 60 years.
In New York, Alexis Christophorus, Bloomberg Radio. All right, Alexis, thank you. We now turn to a couple of high-profile talks in Geneva. The U.S. and Iran are set to meet for a second round of nuclear talks as they seek to avoid renewed conflict in the Middle East. On Air Force One, President Trump said he will be following the talks closely.
So I'll be involved in those talks indirectly, and they'll be very important, and we'll see what can happen. It's been typically, Iran's a very tough negotiator. I think they want to make a deal. I don't think they want the consequences of not making a deal. They want to make a deal.
And along with President Trump, Secretary of State Marco Rubio says he's hopeful Tehran and Washington broker an agreement. Rubio spoke with Bloomberg News editor-in-chief John Micklethwaite on the sidelines of the Munich Security Conference. I think it's pretty clear that Iran will never be allowed to have a nuclear weapon, that that poses a threat.
Not just to the United States, to Europe, to world security and to the region.
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Chapter 2: Who was Jesse Jackson and why is his legacy significant?
There's no doubt about it. The second is we obviously want to have forces in the region because Iran has shown the willingness and the capability to lash and strike out at the United States presence in the region. You know, we have bases because of our alliances in the region. And Iran has shown in the past that they're willing to attack us and or threaten our bases.
So we have to have sufficient firepower in the region to ensure that they don't make a mistake and come after us and trigger something larger. Secretary of State Marco Rubio speaking with Bloomberg editor-in-chief John Micklethwaite. Iranian officials have expressed willingness to discuss their nuclear enrichment activities, but they've tied any concessions to the potential easing of U.S.
sanctions. Well, Nathan, President Trump is reaping high praise on Vice President J.D. Vance and Secretary of State Marco Rubio, but fell short of saying if he would support either one of them to lead the Republican presidential ticket in the 2028 election. President Trump made the comments to reporters on board Air Force One.
And as we approach the fourth anniversary of Russia's full-scale invasion of Ukraine, Karen, there will also be U.S.-brokered talks between Ukrainian and Russian officials in Geneva.
Chapter 3: What were Jesse Jackson's contributions to civil rights?
Bloomberg's Hugo Miller has the latest from Switzerland. It's going to be up to whether the lead U.S. envoy Steve Witkoff and Jared Kushner can really kind of bring the sides together, knock some heads together. They've also brought their own idea of a U.S. free economic zone. But that's interesting in that that's one thing that both the Russians and the Ukrainians agree on.
They're both rather cool on the idea of a kind of neutral free economic zone. So there's really going to be a full day, perhaps two days of discussions here in Geneva. But no one is too optimistic that a lot of headway is going to get made. Bloomberg's Hugo Miller says the intensity of military strikes has risen sharply on both sides this month, despite U.S. efforts to end the war.
Well, back here in the nation's capital, Nathan, the Department of Homeland Security is still shut down amid a congressional funding impasse. According to an aide to Senate Minority Leader Chuck Schumer, the Democrats have sent a counteroffer on limits they're demanding on immigration enforcement activities to the Republicans in the White House.
The lapse in funding could last for weeks with Congress on a recess. And there's yet more fallout from the Jeffrey Epstein files, Karen. Billionaire Tom Pritzker says he is stepping down as executive chairman of Hyatt Hotels, citing his association with the disgraced financier.
In a news release, Pritzker says he exercised terrible judgment in maintaining contact with Epstein and Ghislaine Maxwell. He says there's no excuse for failing to distance himself sooner. Meanwhile, Republican Congressman Thomas Massey is taking aim at Attorney General Pam Bondi for the Justice Department's handling of the files.
Ultimately, it's her who is responsible for the document production, according to our law, the attorney general. It's not Todd Blanch. It's not the people below them. You can assign tasks to people, but you can't assign your responsibilities. Republican Thomas Massey appeared on ABC's This Week, heard Sundays on Bloomberg Radio.
The latest tranche of Justice Department documents, as well as a cache of emails from Epstein's Yahoo account, show he also worked behind the scenes at the World Economic Forum to help his friends score accommodations and meetings with billionaires and government officials at the event. The DOJ files include messages between Epstein and World Economic Forum President Borja Brenda.
Brenda says he had been completely unaware of Epstein's criminal activities. Time now for the Bloomberg Sports Update, and we bring in John Staschauer. John. Thanks, Karen. New number one in college basketball, Michigan, for the first time since 2013. Houston is now ranked second with the Cougars lost at sixth-ranked Iowa State, 70-67. Duke is now ranked third. Easy win over Syracuse, 101-64.
Speaking of easy wins, U.S. 5-0 over Sweden in the women's hockey semifinals. The U.S. team is 6-0. by a cumulative score of 31-1, play Canada for the gold medal Thursday, a gold medal in the bobsled for American Elena Myers-Taylor. That's your Bloomberg Sports Update. Thanks, John. And that's news when you want it with Bloomberg News Now. I'm Karen Moscow.
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Chapter 4: What are the latest developments in U.S.-Iran nuclear talks?
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 Ā£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. Bloomberg Daybreak is your best way to get informed first thing in the morning, right in your podcast feed. Hi, I'm Karen Moscow.
Chapter 5: How is President Trump involved in the Iran nuclear discussions?
And I'm Nathan Hager. Each morning, we're up early putting together the latest episode of Bloomberg Daybreak U.S. Edition. It's your daily 15-minute podcast on the latest in global news, politics, and international relations. Listen to the Bloomberg Daybreak U.S. edition podcast each morning for the stories that matter with the context you need. Find us on Apple, Spotify, or anywhere you listen.