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Bloomberg News Now

US/Iran Talks Productive, Jesse Jackson Dies at 84, More

17 Feb 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.031 - 28.266 Unknown

The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £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.

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29.09 - 47.429 Dan Schwartzman

News when you want it with Bloomberg News Now. I'm Dan Schwartzman. Iran says it has reached a, quote, general agreement with the U.S. on the basis of a potential nuclear deal that would lift sanctions on Tehran. Iran's foreign minister, though, cautioned that the next stage would be, quote, more difficult and detailed. Bloomberg's Oliver Crook with more.

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47.709 - 59.842 Unknown

What the United States would like to achieve is to get forward on a sort of framework for the sort of denuclearization, the sort of commitment against enriching uranium, those sorts of things. What the Iranians want in return is sort of sanction relief.

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59.862 - 76.702 Unknown

And given sort of how tall an order this is, we should say that these conversations with Iran, unlike the ones with Russia and Ukraine, these are still at the very sort of early stages here. But really upping the stakes here is the fact that there's a second aircraft carrier that's headed into the regions. We also had over the last couple of days the Iranians' Revolutionary Guard.

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76.722 - 83.751 Unknown

They're holding exercises, again, in potential preparation for some kind of conflict. And that really is the kind of stakes here that have been set for the stage.

83.731 - 101.824 Dan Schwartzman

Oil fell in the news of the positive negotiations to under $63 a barrel. The Reverend Jesse Jackson, one of the most prominent civil rights activists, as well as a two-time presidential candidate and the founder of the Rainbow Push Coalition, has died at the age of 84. Jackson had disclosed back in 2017 that he had Parkinson's disease.

101.804 - 120.218 Dan Schwartzman

A third round of U.S.-led negotiations on ending Russia's war on Ukraine began in Geneva today. There is little optimism that a breakthrough can be reached to stop the more than four years of fighting. The talks are expected to address a wide range of issues, including territory, military, political and economic matters, and will continue for a second day on Wednesday.

120.198 - 133.276 Dan Schwartzman

Warner Brothers Discovery will reopen negotiations with Paramount Skydance after Paramount proposed raising its bid and sweetened other terms of its offer. Netflix is, though, still considered Warner Brothers' preferred bidder. Bloomberg's Ed Ludlow with more details.

133.617 - 144.552 Unknown

It's a seven-day waiver through February 23rd. The waiver comes from Netflix to Warner Brothers Discovery so that they can review any updated Paramount bid.

Chapter 2: What recent developments have occurred in US/Iran talks?

191.512 - 207.11 Dan Schwartzman

The company still faces around 67,000 claims from plaintiffs who allege that long-term exposure to Roundup caused their cancer. The partial government shutdown is now in its fourth day, with no sign of compromise from the White House or lawmakers in regards to oversight of federal immigration officers.

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207.551 - 226.862 Dan Schwartzman

Funding for the Department of Homeland Security expired over the weekend, forcing federal workers such as TSA agents to now work without pay. Crypto exchange Gemini Space Station said three top executives have left the company in a leadership shakeup. The three are Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler Mead.

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227.243 - 246.552 Dan Schwartzman

The cuts come on the heels of Gemini earlier this month announcing plans to cut as much as 25% of its workforce and wind down operations in the UK, European Union, and Australia. We checked the markets all day long here at Bloomberg. The Dow is down around a tenth of a percent. S&P 500 down around six tenths of a percent, while the Nasdaq is down two tenths of one percent.

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246.933 - 269.567 Dan Schwartzman

The yield on the 10-year is currently at 4.046, while the two-year is at 3.43. Gold futures have dropped below $4,900 an ounce amid weaker Asian demand after surging above $5,000 on Friday, while Bitcoin is trading at under $68,000. Norway continues to dominate the medal count at the Milan Cortina Olympics with 30 total. The U.S. sits in third with 19, also behind Italy.

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Chapter 3: What are the implications of the US-Iran nuclear deal negotiations?

269.948 - 279.45 Dan Schwartzman

Norway also leads away with 13 gold medals, with the U.S. winning six. That's news when you want it with Bloomberg News Now. I'm Dan Schwartzman and this is Bloomberg.

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281.962 - 307.187 Unknown

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 £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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307.968 - 328.337 Unknown

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.

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328.537 - 333.004 Stephen Carroll

Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.

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333.505 - 337.873 Caroline Hepke

And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.

338.273 - 342.901 Stephen Carroll

We're up early every weekday, keeping an eye on what's happening across Europe and around the world.

343.302 - 349.532 Caroline Hepke

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

349.597 - 355.044 Stephen Carroll

From Brussels, I'm following the politics, policy and the people shaping the European Union right now.

355.584 - 360.53 Caroline Hepke

And from London, I'm looking at what all that means for markets, money and the wider economy.

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