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 Ā£10 trillion 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. I'm Monica Ricks. We're following the latest out of South Florida where the U.S. Secret Service shot and killed an armed gunman who snuck into a secure perimeter of Mar-a-Lago overnight. President Trump's not there this weekend and the man's identity hasn't been released.
But investigators say he'd been reported missing a few days ago in North Carolina where he likely drove down from and picked up a shotgun along the way. Agents say he was carrying that and a gas can with him when they later confronted him on the property.
They still don't know what he planned to do, but they're asking neighbors now for any surveillance footage that may have caught him in the area. Millions of Americans may have to wait a little longer to get through security at airports today as Homeland Security scales back its operations. TSA just posted on X saying PreCheck is still up and running, but didn't mention global entry.
It is, however, pausing escorts to members of Congress to redirect staff at airports and ports as part of a partial government shutdown. Meantime, airlines plan to suspend operations at several airports in the northeast today. Nearly 3,000 flights have already been delayed, and more than 1,000 have been canceled ahead of another major winter storm.
Bloomberg meteorologist Craig Allen is tracking conditions.
It's very clear-cut that we are going to be pummeled by blizzard conditions now, meaning whiteouts, winds over 50 mph, and snow rates of 1 to 3 inches per hour for well over three hours. So from Philly to New York City, Providence and Boston, we will be measuring snowfall in feet.
Now down towards Baltimore and Washington, you may be too far south for anything that significant, but the rest of the 95 corridor may be brought to a standstill for a day or two.
The storm could become as strong as a Category 1 or 2 hurricane before moving out on Monday. Russian forces attacked Ukraine's capital and other targets with missiles and drones overnight, injuring at least two people, including a child. It also destroyed an Oreo cookie factory owned by U.S. snack company Mondelez. The strikes followed trilateral peace talks between Russia, Ukraine and the U.S.
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Chapter 2: What happened during the Mar-a-Lago shooting incident?
Gene Sperling is a former Biden administration official and also served as director of the National Economic Council under former Presidents Clinton and Obama. He says Americans are paying a high price for Trump's tariffs.
Most economists agree that the fact that inflation did not come down as projected is due almost primarily to his tariffs.
Research from the Tax Foundation says tariffs cost the average American household more than $1,000 last year. Investors may be getting skittish about AI's revenue prospects, but Bloomberg's Dan Schwartzman tells us a major player is optimistic.
Chat GPT-Maker OpenAI is projecting that its revenue will grow rapidly in the next few years and exceed $280 billion in 2030. That's according to a person familiar with the matter. The optimistic revenue growth reflects OpenAI's strong momentum in subscription sales for its AI software to both consumers and businesses. According to the company's CFO, annualized revenue topped $20 billion in 2025.
That's up from around $6 billion the prior year. Dan Schwartzman, Bloomberg Radio.
JPMorgan Chase confirms it closed President Trump's bank accounts after the January 6 attack on the U.S. Capitol. That's according to the New York Times, which reports the admission in a court filing in a lawsuit over allegations of political debanking. Trump's suing for $5 billion, claiming the closures hurt his businesses. JPMorgan says the suit lacks merit.
The Mississippi Health System is still working to reopen dozens of clinics across the state after a ransomware attack knocked out its phone and electronic record system. It's been forced to cancel many surgeries and cancer treatments. Richard Bell says he drove hours to get chemo, only to be turned away.
You have to get blood work preliminary and meet the doctor here at the pavilion, Couldn't shut down.
The hospital system says it's working with the FBI to restore the network. The CDC says measles cases keep rising with about a thousand cases now across 26 states, mostly affecting kids and teens. Experts say almost all of these infections involve people who are unvaccinated. And one last gold for Team USA to wrap up the Winter Olympics in Italy. The U.S.
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Chapter 3: How is the TSA responding to the government shutdown?
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. The news doesn't stop on the weekends.
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