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 Ed Kalecki. House Minority Leader Hakeem Jeffrey says Democrats will respond to the White House's unserious Homeland Security funding offer, with funding for the agency almost certain to expire tonight at midnight. Jeffrey's also stressed he's ready to talk.
I'm here, ready, willing, and able to have a conversation with anyone, anytime, anyplace. That's always been the Democratic posture, Mike Johnson has once again sent House Republicans home.
Congressional Democrats previously called for a set of reforms to immigration enforcement, including judicial warrant requirements in exchange for their votes to fund the Department of Homeland Security. The White House and Democrats remain at loggerheads with no agreement yet on funding for the agency, which includes the TSA and FEMA.
Both the House and Senate left town Thursday for the weekend and have a scheduled recess next week. The leadership could call lawmakers back to D.C. if there is a funding deal. Amazon shares posted their longest streak of daily losses in almost 20 years as investors continue to question how much the e-commerce and cloud computing company spends on capital expenditures.
Shares fell 0.4% Friday, their ninth straight negative session. This is the longest losing streak for the stock since another nine-day drop that ended in July 2006. The stock shed 18% over the latest stretch, erasing about $463 billion in market valuation. Shares closed at their lowest since May. A bipartisan group of U.S.
senators is attending the Munich Security Conference, and Democrat Alyssa Slotkin tells Bloomberg what she's hearing from European counterparts.
The minute they get you in the room and close the door, they're just like, what is going on in America? Not believing it themselves. I try to explain it. The American public does not want an authoritarian leader. We're going to come out of it. It's just going to take a bite.
Democrat Alyssa Slotkin. SpaceX is considering a dual-class share structure in its planned IPO this year, mirroring a strategy that its billionaire founder Elon Musk floated for Tesla. A two-tier structure would give select shareholders stock with extra voting power that would allow them to dominate decision-making.
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Chapter 2: What are the current challenges facing the Department of Homeland Security?
The move would allow insiders such as Musk to maintain control of the company, even with a minority stake. The Pentagon added Alibaba, BYD, Baidu and TP-Link technologies to a list of companies that aid the Chinese military, before withdrawing it minutes later without explanation.
The moves on Friday roiled shares of the affected listed companies and left analysts wondering about the administration's intentions. If the list is reposted, they said it would be a show of strength ahead of President Trump's expected trip to China and meeting with Chinese leader Xi Jinping in April.
Two federal immigration officers have been placed on administrative leave after a joint review by Immigration and Customs Enforcement and the Department of Justice found sworn testimony in a Minneapolis shooting case contradicted video evidence. The development comes nearly a month after a federal officer shot a Venezuelan national in the leg during a confrontation in Minneapolis on January 14th.
an incident that fell between two high-profile shootings that intensified tensions between state leaders and the Trump administration over immigration enforcement operations. Congresswoman Debbie Wasserman Schultz said the latest reports on Kristi Noem's personal and professional behavior reinforced the demand that she be fired or face impeachment. She told Bloomberg this in an interview.
She has essentially assembled one of the largest agencies in our federal government in service of her own self-promotion is an outrage. And she is singularly incompetent.
Florida Democratic Congresswoman Debbie Wasserman Schultz. Ford's top executive spoke to senior Trump administration officials about a potential roadmap for Chinese automakers to build cars in America by partnering with U.S. car companies. The rough framework discussed by Ford Chief Executive Officer Jim Farley and...
Trump cabinet members last month would allow Chinese carmakers to manufacture vehicles in the U.S. through joint ventures with domestic automakers in which the American company holds a controlling stake. The ventures would be structured so that both the Chinese and U.S. partners would share profits and technology in the JV.
American figure skating sensation Ilya Melinin fell twice in a disastrous free skate that sent him tumbling all the way off the podium at the Milan Cortina Olympics on Friday night. allowing Mikhail Shidorov of Kazakhstan to claim a stunning gold medal.
Malinin, who led by a comfortable margin after the short program, merely had to deliver a mediocre performance to add individual gold to the gold medal he won in the team event. Instead, the 21-year-old was trying to fight back tears after one of the worst nights of his career, one that left a star-packed crowd inside Milano Ice Arena sitting in stunned silence.
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