Tempo: 150.0

Marker 01

On today's podcast:

1) Democrats win New York's special election to replace George Santos.

2) The House votes to impeach Homeland Security Secretary Alejandro Mayorkas.

3) Defense Secretary Lloyd Austin is released from the hospital

On today's podcast:
1) Democrats win New York's special election to replace George Santos.
2) The House votes to impeach Homeland Security Secretary Alejandro Mayorkas.
3) Defense Secretary Lloyd Austin is released from the hospital

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: US Edition

Democrats Win Special Election; House Votes to Impeach Mayorkas

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b1348934-9801-48ca-a3cc-b11600ad3de4/transcript

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to earnings from Tesla and some of the biggest names in tech.
In the UK – a look ahead to the UK Prime Minister’s visit to China.
In Asia – a look ahead to Apple’s earnings and why business in Asia is a key focal point.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US &ndash; a look ahead to earnings from Tesla and some of the biggest names in tech.</li>
<li>In the UK &ndash; a look ahead to the UK Prime Minister&rsquo;s visit to China.</li>
<li>In Asia &ndash; a look ahead to Apple&rsquo;s earnings and why business in Asia is a key focal point.</li>
</ul>

Daybreak Weekend: US Tech, UK PM Visits China, Apple Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0ffca222-dfdd-43b5-aae6-b3db0134ca7d/transcript

On today's podcast:
1) New York City is poised to get pummeled with more than a foot of snow this weekend, a test for new Mayor Zohran Mamdani, as a massive weather system lands on the region threatening power outages, airline delays and transit system problems. New York’s Central Park may get dumped with as much as 16 inches (41 centimeters) of snow starting Sunday morning, the heaviest of the season. That comes as the storm that will hit Southern states with ice moves into the Northeast, said Brian Hurley, a senior branch forecaster with the US Weather Prediction Center. Washington, Philadelphia and Boston are also expected to see snowfall. If the forecast holds, it would be the biggest snowstorm to hit Manhattan since 2021, based on snowfall records at Central Park.
2) The US wants to rewrite its defense agreement with Denmark to remove any limits on its military presence in Greenland, people familiar with the matter said, in what’s become a focal point for negotiators looking to meet President Trump’s demand for control over the territory. The original agreement, signed in 1951 and amended in 2004, says the US must “consult with and inform” Denmark and Greenland before it makes “any significant changes to United States military operations or facilities in Greenland.” The people familiar with the matter, who asked not to be identified discussing private deliberations, said American negotiators want to rework that language to make sure the US faces no restrictions at all as it makes its plans.
3) The Kremlin said the “territorial issue” remains unresolved after President Vladimir Putin held late-night talks with US envoys Steve Witkoff and Jared Kushner on the latest peace plan for ending Russia’s war on Ukraine. There’s “no hope of achieving a long-term settlement” to the war until Russia’s demands for territory in Ukraine are accepted, Putin’s foreign policy aide, Yuri Ushakov, said in an audio recording on Telegram early Friday. That’s even as he characterized the almost four hours of negotiations in the Kremlin as “exceptionally substantive, constructive.” Talks will continue between US, Russian and Ukrainian representatives in the United Arab Emirates on Friday and Saturday. Separately, Witkoff and Putin’s envoy, Kirill Dmitriev, will discuss bilateral Russia-US economic matters in Abu Dhabi.

On today's podcast: 1) New York City is poised to get pummeled with more than a foot of snow this weekend, a test for new Mayor&nbsp;Zohran Mamdani, as a massive weather system lands on the region threatening power outages, airline delays and transit system problems. New York&rsquo;s Central Park may get dumped with as much as 16 inches (41 centimeters) of snow starting Sunday morning, the heaviest of the season. That comes as the storm that will hit Southern states with ice moves into the Northeast, said Brian Hurley, a senior branch forecaster with the US Weather Prediction Center. Washington, Philadelphia and Boston are also expected to see snowfall.&nbsp;If the forecast holds, it would be the biggest snowstorm to hit Manhattan since 2021, based on snowfall records at Central Park. 2) The US wants to rewrite its defense agreement with Denmark to remove any limits on its military presence in Greenland, people familiar with the matter said, in what&rsquo;s become a focal point for negotiators looking to meet President&nbsp;Trump&rsquo;s demand for control over the territory. The original agreement, signed in 1951 and amended in 2004, says the US must &ldquo;consult with and inform&rdquo; Denmark and Greenland before it makes &ldquo;any significant changes to United States military operations or facilities in Greenland.&rdquo; The people familiar with the matter, who asked not to be identified discussing private deliberations, said American negotiators want to rework that language to make sure the US faces no restrictions at all as it makes its plans. 3) The Kremlin said the &ldquo;territorial issue&rdquo; remains unresolved after President Vladimir Putin held late-night talks with US envoys Steve Witkoff and Jared Kushner on the latest peace plan for ending Russia&rsquo;s war on Ukraine. There&rsquo;s &ldquo;no hope of achieving a long-term settlement&rdquo; to the war until Russia&rsquo;s demands for territory in Ukraine are accepted, Putin&rsquo;s foreign policy aide,&nbsp;Yuri Ushakov, said in an audio recording on Telegram early Friday. That&rsquo;s even as he characterized the almost four hours of negotiations in the Kremlin as &ldquo;exceptionally substantive, constructive.&rdquo; Talks will continue between US, Russian and Ukrainian representatives in the United Arab Emirates on Friday and Saturday. Separately, Witkoff and Putin&rsquo;s envoy,&nbsp;Kirill Dmitriev, will discuss bilateral Russia-US economic matters in Abu Dhabi.

Powerful Winter Storm Threatens East Coast; Russia Sees No Breakthrough After Ukraine Talks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3c033fe5-7efa-4890-a25a-b3db00ab8cfb/transcript

On today's podcast:
1) President Trump said he would refrain from imposing tariffs on goods from European nations opposing his effort to take possession of Greenland, citing a “framework of a future deal” he said was reached regarding the island. The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has repeatedly attempted to coerce Europe over Greenland. It came after a meeting with North Atlantic Treaty Organization Secretary General Mark Rutte at the World Economic Forum in Davos, Switzerland. Still, Trump did not detail the parameters of the so-called “framework” and it was unclear what the agreement entails, especially since Denmark earlier Wednesday ruled out negotiations over ceding the semi-autonomous island to the US.
2) Russia’s President Vladimir Putin said he is ready to commit Russian assets that remain frozen in the US to rebuild Ukrainian regions damaged during the war after a peace treaty is concluded. Putin also said he could give $1 billion from the US-based assets - frozen to punish Putin for his 2022 full-scale invasion of Ukraine - to President Trump’s proposed Board of Peace. The offer has been discussed with the US, Putin said, and he plans to talk about it more Thursday during a meeting with Trump envoys Steve Witkoff and Jared Kushner in Moscow.
3) US Supreme Court justices suggested they are wary of President Trump’s effort to fire Federal Reserve Governor Lisa Cook over unproven mortgage-fraud allegations, saying the move could upend the Fed’s independence and rattle markets. Hearing arguments in Washington Wednesday, conservative and liberal justices alike sharply questioned US Solicitor General D. John Sauer, who urged the court to let Trump oust Cook for the time being while her lawsuit goes forward. Trump’s own appointees were among the skeptics. Justice Brett Kavanaugh said the president’s position would “weaken if not shatter the independence of the Federal Reserve.” Justice Amy Coney Barrett asked whether the risk to financial markets was reason for “caution on our part,” though she also suggested she wasn’t ready to fully embrace Cook’s position.

On today's podcast: 1) President&nbsp;Trump&nbsp;said he would refrain from imposing tariffs on goods from European nations opposing his effort to take possession of Greenland, citing a &ldquo;framework of a future deal&rdquo; he said was reached regarding the island. The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has repeatedly attempted to coerce Europe over Greenland. It came after a meeting with North Atlantic Treaty Organization Secretary General&nbsp;Mark Rutte&nbsp;at the World Economic Forum in Davos, Switzerland.&nbsp;Still, Trump did not detail the parameters of the so-called &ldquo;framework&rdquo; and it was unclear what the agreement entails, especially since Denmark earlier Wednesday ruled out negotiations over ceding the semi-autonomous island to the US. 2) Russia&rsquo;s President Vladimir Putin said he is ready to commit Russian assets that remain frozen in the US to rebuild Ukrainian regions damaged during the war after a peace treaty is concluded. Putin also said he could give $1 billion from the US-based assets - frozen to punish Putin for his 2022 full-scale invasion of Ukraine - to President Trump&rsquo;s proposed Board of Peace. The offer has been discussed with the US, Putin said, and he plans to talk about it more Thursday during a meeting with Trump envoys Steve Witkoff and Jared Kushner in Moscow. 3) US Supreme Court justices suggested they are wary of President Trump&rsquo;s effort to fire Federal Reserve Governor Lisa Cook over unproven mortgage-fraud allegations, saying the move could upend the Fed&rsquo;s independence and rattle markets. Hearing arguments in Washington Wednesday, conservative and liberal justices alike sharply questioned US Solicitor General D. John Sauer, who urged the court to let Trump oust Cook for the time being while her lawsuit goes forward. Trump&rsquo;s own appointees were among the skeptics. Justice Brett Kavanaugh said the president&rsquo;s position would &ldquo;weaken if not shatter the independence of the Federal Reserve.&rdquo; Justice Amy Coney Barrett asked whether the risk to financial markets was reason for &ldquo;caution on our part,&rdquo; though she also suggested she wasn&rsquo;t ready to fully embrace Cook&rsquo;s position.

Trump Drops Tariff Threat After ‘Framework’ Greenland Deal; Supreme Court Appears Wary of Bid to Fire Fed’s Cook

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/37b18d5d-3243-464b-9b00-b3da00afc588/transcript

Democrats Win Special Election; House Votes to Impeach Mayorkas

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