Chapter 1: What are the advantages of doing business in the UK?
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 Ed Kalecki. NVIDIA CEO Jensen Wang says the company will absolutely be involved in OpenAI's current funding round, despite a recent report from the Wall Street Journal saying that negotiations had stalled. I believe in OpenAI. The work that they do is incredible.
They're one of the most consequential companies of our time, and I really love working with Sam. That's Wang speaking to reporters Saturday in Taiwan. He also says he supports every developer that uses its software, after a U.S. lawmaker accused the chip giant of offering tech support that helped China's DeepSeek improve its AI model. A judge on Saturday ordered the U.S.
to release five-year-old Liam Conejo Ramos and his father from a Texas detention center where they were taken after being detained in a Minneapolis suburb last month. U.S.
District Judge Fred Beery, who was appointed by former Democratic President Bill Clinton, said in his ruling, "...the case has its genesis in the ill-conceived and incompetently implemented government pursuit of daily deportation quotas, apparently if it requires traumatizing children." A U.S.
judge has denied Minnesota's request to pause the Trump administration's recent surge of thousands of immigration enforcement agents in the state. U.S. District Judge Catherine Menendez's order will allow Immigration and Customs Enforcement and other agencies to maintain approximately 3,000 officers deployed in Minnesota, primarily in the twin cities of Minneapolis and St.
Paul, since Operation Metro Surge launched late last year. An administration official previously told the court that region normally has about 80 officers performing immigration enforcement operations. U.S. Attorney General Pam Bondi called the ruling another huge legal win in Minnesota. In a post on X, while Minneapolis Mayor Jacob Fry said city officials were disappointed with the ruling.
Senate Republicans are split on Democrats' demands for immigration enforcement restrictions that have prompted a partial government shutdown. Bloomberg's Nathan Hager has more on what they're saying to Bloomberg government.
North Carolina's Tom Tillis says he supports body cameras in de-escalation training, but he has concerns about ICE officers being banned from wearing masks in case they're doxxed online. West Virginia's Shelley Moore Capito says she's open to reforms as well, but negotiations between the White House and Democrats may be the best path forward.
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Chapter 2: How is NVIDIA involved in OpenAI's funding round?
ExxonMobil and Chevron are weighing President Trump's call to invest in rebuilding Venezuela's oil industry. Bloomberg's Monica Ricks has details.
CEOs of both oil companies are discussing long-term opportunities in Venezuela, but are hesitant to commit new capital there, saying political and legal reforms are still needed to protect their investments. Right now, Chevron's the only U.S. oil major in Venezuela, but only plans to increase production over the next two years there using existing assets.
Despite President Trump's push, ExxonMobil CEO Darren Woods also stressed changes would take time. A more positive tone from earlier this month when he called the country uninvestable. Monica Ricks, Bloomberg Radio.
Congress remains divided over how to prevent another air tragedy one year after a mid-air collision over Washington, D.C. killed 67 people. Bloomberg's Amy Morris reports from Washington.
A bipartisan group of senators is pushing for more surveillance technology in aircraft. A bipartisan group in the House wants to wait. They released a statement saying they appreciate the work being done by everyone, including the National Transportation Safety Board, but that they'll review the NTSB report and then decide what to do.
The NTSB made 48 safety recommendations and they warned that they have to be implemented or this could happen again. This past week marked the one-year anniversary of the crash between an Army helicopter and a passenger plane near Reagan National Airport. In Washington, Amy Morris, Bloomberg Radio.
Bitcoin fell sharply in early Saturday afternoon trading in New York, tumbling below the $80,000 mark to hit levels last seen in April 2025. The decline came amid thin liquidity and limited buying interest, deepening a drawdown that has erased more than 30 percent from the world's largest cryptocurrency.
In sports, the NBA has suspended Philadelphia 76ers forward Paul George 25 games for violating the league's drug policy. And at the women's final at the Australian Open, Elena Rabokina defeated Irina Sabalenka 6-4, 4-6, 6-4. That's news when you want it with Bloomberg News Now. I'm Ed Kalecki. 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 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.
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Chapter 3: What did the judge rule regarding the release of a detained boy?
I'm Stephanie Flanders, head of government and economics at Bloomberg. Every week I'll bring you a smart, focused conversation with reporters and experts from Washington, Wall Street and beyond. Listen to new episodes every Wednesday and follow Trumponomics wherever you listen.