Chapter 1: What is the main topic discussed in this episode?
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Find us on Apple, Spotify, or anywhere you listen. News when you want it with Bloomberg News Now, I'm Nathan Hager. President Trump is calling it a wonderful gesture, but Norwegian officials are reacting with disbelief to the news that Nobel Peace Laureate Maria Karina Machado has given her medal to the president.
As a sign of the brotherhood between the United States, people of the United States and the people of Venezuela in their fight for freedom against tyranny.
Maria Corina Machado confirmed the move after meeting President Trump at the White House yesterday, but one former Norwegian politician says it's a total lack of respect for the award on Machado's part. A former Oslo mayor calls it unbelievable and embarrassing and damaging to the prize. Now, it's unclear whether the move will bring Machado closer to the president's good graces.
The New York Times reports CIA Director John Ratcliffe met yesterday with Venezuela's acting president, Delce Rodriguez, the same day as Machado's meeting with President Trump. There's no end to the unrest in Minnesota.
Tear gas just started forming, a ball of gas just started forming around the car. I managed to fill around and open up everybody's, like I unlocked everybody's door and I hopped out and I just started pulling as many kids as I could out.
That woman says she was caught in the middle between ICE agents and protesters in Minneapolis with her husband and six kids. President Trump has threatened to invoke the Insurrection Act and send in the military unless state and local officials stop protesters from attacking ICE officers. Minnesota Governor Tim Walz has issued a direct appeal to the president to turn down the temperature.
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Chapter 2: What is the significance of Maria Corina Machado giving her Nobel Peace Prize medal to Trump?
She's the top Democrat on the Senate Foreign Relations Committee.
Denmark and Greenland share our values. They've been our allies since before World War II. And Denmark has always been there in support of the United States. And what we've heard from the Danes and from the Greenlanders has been anything the United States is interested in doing in Greenland, they would be happy to partner with us on.
Democratic Senator Jeanne Shaheen spoke on the latest episode of Bloomberg's Michelle Hussein show. You can find it wherever you get your podcasts. Canada and China are moving to normalize relations as they both pivot from the U.S.
Canada and China have reached a preliminary but landmark trade agreement to remove trade barriers and reduce tariffs.
Canadian Prime Minister Mark Carney is in Beijing for the first visit by a Canadian leader to China in eight years. He says China will cut tariffs on Canadian rapeseed, while Canada will allow 49,000 Chinese electric vehicles into the country at about a 6% tariff rate.
Back in Washington, President Trump and several northeastern states have agreed to push for an emergency wholesale electricity auction. It's a move that could effectively compel big tech companies to pay for new power plants on their own to drive their AI needs. Bloomberg's Tyler Kendall has more from Washington.
This is considered to be an unprecedented move aimed at easing concerns that data centers are driving up electricity costs amid the AI boom and the fact that this White House is playing defense when it comes to affordability.
Bloomberg's Tyler Kendall reports the plan is set to be announced later this morning. Right now, regional banks are announcing more earnings. We heard from PNC this morning. It reported a 9% revenue jump and a 41% surge in advisory fees. PNC shares in the pre-market are up more than 3%. State Street just reported as well.
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Chapter 3: How are Norwegian officials reacting to Machado's gesture?
Those shares are down 3% pre-market. That regional bank reported revenue that beat Wall Street estimates. The overall market is pointing to a higher open this morning. The S&P futures are up two-tenths of one percent. Dow futures little changed, but still in the green. NASDAQ futures leading the gains in the pre-market up a half percent. That's news when you want it with Bloomberg News Now.
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Chapter 4: What threats has Trump made regarding Minnesota protesters?
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