Chapter 1: What is the main topic discussed in this episode?
News when you want it with Bloomberg News Now. I'm Nathan Hager. After two deadly shootings involving federal agents this month alone, President Trump now says he is sending his border czar, Tom Holman, to oversee the immigration crackdown in Minneapolis. Bloomberg's Anne-Marie Hordern has the latest.
Chapter 2: Why is Trump sending Tom Holman to oversee immigration in Minneapolis?
There has been a lot of pushback from even Republicans on Congress about what is going on and the tragedy and the horrific scenes coming out of Minnesota. And there's been pushback as well, specifically from Democrats that want Secretary Noem gone and they want her impeached. So the president, I think, is trying to take a hands on approach, at least when it comes to Tom Holman.
Bloomberg's Anne-Marie Horton reports a growing number of Republicans are calling for a fuller investigation after ICU nurse Alex Preddy was shot and killed over the weekend. Bystander videos showed him holding a cell phone as he got between federal agents and a woman on the street.
The Trump administration initially said Preddy violently resisted agents who tried to disarm him before he was shot. The controversy has Democrats threatening to block a massive spending bill that would keep the government from shutting down at the end of the week. Bloomberg's Laura Davison explains...
Democrats have come out and said that they are not going to pass this bill unless this portion that funds Homeland Security is taken out and renegotiated. This is a very tricky, both political and process thing to go through this week. The Senate is in, the House has already passed this bill, they are home this week.
So if they're going to renegotiate a portion of this bill, the House will need to come back and it's not clear that they're going to do so
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Chapter 3: What are the Republican and Democratic responses to the immigration crackdown?
really increasing the odds that we head into a partial government shutdown over the weekend.
That's Bloomberg's Laura Davison reporting from Washington. Corporate leaders are appealing for calm. The incoming CEO of Target, Michael Fidelke, released a video to employees today acknowledging the, quote, incredibly painful violence in the company's home city of Minneapolis.
More than 60 Minnesota-based CEOs released a statement over the weekend calling for an immediate de-escalation of tensions. The major winter storm that swept across the country over the weekend is now blamed for several deaths. The Federal Aviation Administration says seven people were killed.
One crew member survived when their private business jet crashed after takeoff during the storm in Banger, Maine. The FAA and the National Transportation Safety Board have opened an investigation. But now that the storm's over, the cold will be the big issue for much of the country. Bloomberg meteorologist Rob Carolin has that.
Much of the country east of the Rockies covered by cold weather warnings or advisories. Dallas today is only going to be 28, only near 20 in Nashville. Western Carolinas are only in the 20s. So those areas that had significant icing, not going to thaw out today, not going to thaw out tomorrow. It looks like their temperatures stay below normal right through Friday.
Bloomberg meteorologist Rob Carolin reports that'll be a challenge for the grid. More than 800,000 homes and businesses are in the dark today. Natural gas prices are up 21 percent. About 12 percent of gas production is offline after the storm. And about 3,900 flights are canceled on top of the more than 11,000 that were scrubbed yesterday.
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Chapter 4: What details are emerging about the deadly shooting of ICU nurse Alex Preddy?
That was the most since the pandemic. Some breaking news in the tech space. Microsoft is rolling out a second-generation artificial intelligence chip to rival NVIDIA. Bloomberg's Matt Day has more on the Maya 200.
Well, for Microsoft, it's really important. They got a bit later jump than their biggest rivals, Amazon and Google, in building their own silicon. They see this as an important way to reduce costs, to find another source of availability. So this is going to be a really big test for their chips unit and for the cloud business.
Bloomberg's Matt Day reports the chips made by Taiwan Semiconductor, it's making its way to Microsoft data centers in Iowa, with more to come in the Phoenix area. Right now, Microsoft shares are up 1%. And this comes after NVIDIA announced another $2 billion investment in CoreWeave to boost that cloud provider's goal of more than 5 gigawatts of AI computing power by 2030.
Bloomberg Tech co-anchor Ed Ludlow has more on that.
When we spoke to NVIDIA CEO Jensen Wang last night in a Bloomberg interview, he said this is simply about confidence in CoreWeave, CoreWeave's plan, CoreWeave's management to build out capacity, accelerate data center capacity. But we asked him, well, isn't it circular financing? And his answer to that was very simply, it's not circular financing.
It would be ridiculous to call it that because it is a tiny portion of what we know CoreWeave is going to have to raise.
That's Bloomberg's Ed Ludlow, and this comes on top of $6 billion NVIDIA's already invested in CoreWeave. Right now, CoreWeave shares are higher by nearly 10%. The broader market is moving higher as well, led by the tech-heavy Nasdaq Composite. It's up 0.5%. The S&P 500 is 0.4% higher. The Dow Jones Industrial Average is up 0.2%. Super Bowl 60 is set. It's going to be a rematch of Super Bowl 49.
The New England Patriots will take on the Seattle Seahawks in less than two weeks. That's news when you want it. With Bloomberg News Now, I'm Nathan Hager. This is Bloomberg.
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