December 1, 2024: POTUS Pardons Hunter Biden, Conflict in Syria Escalates, More

Published Dec 2, 2024, 4:45 AM

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News when you want it with Bloomberg News Now, I'm Charlie Pellet. President Biden has signed a pardon for his son Hunter Biden, reversing his previous stance that he would not use his executive powers to aid a family member. Laurie Levinson is a former federal prosecutor and professor at Loyola Law School.

The entire process of this prosecution by a special counsel had become very politicized, and at this point President Biden really has nothing to lose, at least not politically.

Laurie Levinson a former federal prosecutor and professor at Loyola Law School. The Syrian military is rushing reinforcements to the northwest part of the country, and it has launched airstrikes in an attempt to push back insurgents. Who sees the country's largest city of Aleppo. National security advisor Jake Sullivan tells NBCs Meet the Press that the main players backing Siria's government have been weakened by other conflicts.

Keep in mind that from many years, the Syrian government has been engaged in the civil war backed by three main players Iran, Russia, and Hisboa. All three of those players have been distracted and weakened by conflicts elsewhere, so it's no surprise that you see actors in Syria, including the rebels, try to take advantage of that, and that's exactly what they've done over the last several days.

National Security Advisor Jake Sullivan, speaking on NBC's Meet the Press, President elect Donald Trump is named. Massad Bullas, a Lebanese American businessman who is the father in law of Trump's daughter Tiffany. As a senior adviser on Arab and Middle Eastern affairs, Bullas has been Trump's conduit to Mahmoudabas, the leader of the Palestinian Authority. About two hundred nations could not agree on a treaty to curb plastic pollution after two years of divisive negotiations, but they say they did make some progress and will reconvene the talks next year. Oars Kathy Woods says she welcomes the expected era of regulation once Donald Trump is inaugurated as president, most notably in the areas of tech, crypto, and digital assets. She spoke to CNN's Inside Politics.

Those are all technology platforms that the US must seize and harness really and lead the way, much like we did in the Internet. We were about to lose that given our regulatory system, and I think a change in the regulatory system with both crypto and AI as prime focuses is going to be quite meaningful.

Marks Kathy Wood, speaking to CNN's Inside Politics. Stalanta's CEO Carlos Tavaris is stepping down more from Bloomberg's thanis Pellegrini.

Tavaris is quitting after profit swamped and US sales weekened at the maker of gpsuvs and Fiat cars, and temporarily the automaker will be run by an interim committee headed by Chairman John L. Ken. Stillentis says a new CEO will be named in the first half of this coming year. Company also says tavaris views on the carmaker's future differed from those of the board and some shareholders, and Stillentis is confirming its financial guidance for the year. Bloomberg News reported in October Elken had begun a process to find a successor to Tavaris, but Tavars later told reporters he would stay on until the end of his mandate in early twenty twenty six. Denise pellgreny Bloomberg Radio.

Christmas came early at the box offices. Yere Moana II brought in a tidal wave of moviegoers over the Thanksgiving Day weekend, setting records with two one hundred and twenty one million dollars in ticket sales. According to Studio Estimates.

This is a call from the ancestors.

Is sale to new skies.

And reconnect our people across the entire ocean.

That, combined with Wicket and Gladiator two, made for an unprecedented weekend in cinemas and a confluence of blockbusters. More line, what's often found in late December, and that's news when you want it with Bloomberg News. Now, I'm Charlie Pellett and this is Bloomberg