February 5, 2025 • 17 mins
On today's podcast:
1) President Trump calls for US to take over the Gaza Strip
2) Apple caught in cross hairs of US-China trade tensions
3) Tech shares lower on disappointing earnings from Alphabet and AMD
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Bloomberg Audio Studios, Podcasts, radio news.
Speaker 2 (00:10):
Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
are the stories we're following today. Karen, we begin with
controversy in the Middle East. President Trump says the US
should take control of the Gaza Strip. The President spoke
during a White House news conference alongside Israeli Prime Minister
Benjamin NATANYAHUO the.
Speaker 3 (00:28):
US will take over the Gaza Strip, and we will
do a job with it too. We'll own it and
be responsible for dismantling all of the dangerous unexploded bombs
and other weapons on the site.
Speaker 4 (00:39):
The reaction has been swift to President Trump's Kaza proposal.
Former NATO Supreme Allied Commander in Europe Wesley Clark warrens
it would be exceptionally challenging to deliver.
Speaker 5 (00:49):
There are huge problems at the bottom, not to mention
strategic consent at the top. So look, he's the President
of the United States, better listen to him. But I've
done these things. I can tell you how difficult this is.
This is unimaginability difficult.
Speaker 4 (01:06):
Former NATO's Supreme Allied Commander in Europe, Wesley Clark, spoke
as Saudi Arabia reiterated its support for a Palestinian state
with East Jerusalem as its capital. The Saudis are rejecting
any infringement on the legitimate rights of the Palestinian people.
Speaker 2 (01:19):
Well Nathan new Development's new developments this morning. Involving Trump's
trade war, the US Postal Service has temporarily suspended the
acceptance of inbound parcels from China and Hong Kong. According
to its website, letters and flat packages from the region
will not be impacted. The move comes after President Trump
and post ten percent tariff increases on Chinese goods.
Speaker 4 (01:40):
Karen China may be looking at ways to fire back.
Bloomberg News has learned Beijing's antitrust watchdog is laying the
groundwork for a potential probe into Apple. We get more
from Bloomberg News Global Tech editor Peter Elstrom.
Speaker 6 (01:52):
We see these tensions between the two countries rising. The
US of course imposed the ten percent terra off Sunshina,
and in response, we're seeing some measure responses from Beijing.
Right now, we have the investigation into Google, and just
to be clear, the Apple investigation was not announced. This
is a sources based story where we're reporting that We
understand the regulators at SAMR are taking a look at Apple.
(02:15):
They've informed the Apple executives in the country that they're
concerned about some of these practices that they have in
the app store. These have been issues globally. Really it's
not just in China, but they're taking a thirty percent
cut of revenue from the app store in certain cases,
and they're also limiting your payment options so that you
run through the Apple Store.
Speaker 4 (02:30):
Bloomberg's Peter Elstrom says if Apple resists making changes, the
Chinese government may launch a formal investigation on.
Speaker 2 (02:37):
Nathan Donald Trump and Elon Musk's efforts to slash the
federal workforce have taken a new turn Bloomberg. John Tucker
is here with more. John.
Speaker 7 (02:44):
What's the latest, Well, Karen, Most employees of the US
Agency for International Development they're going to be placed on
administrative leave. This starts Friday. The staff members stationed overseas
they have to return within thirty days, with exceptions to
be considered on a case by case basis. This all
comes after Trump ally Elon Musk signaled out USAID repeatedly
(03:06):
on X and even Trump described the agency as run
by a bunch of radical lunatics. Secretary of State Marco
Rubio said he's now in charge of USA and Warren
US lawmakers the agency might be abolished altogether, and it
doesn't stop there. The CIA has ordered staff buyouts. That
move comes after two million federal workers were given similar offers.
(03:28):
That move initially excluded national security agencies in New York.
IM John Tucker Bloomberg Radio.
Speaker 4 (03:34):
All right, John, thank you, and his controversy swirls around
Elawn Musk's role and power in the Trump administration. The
Treasury Department says Musk's Government Efficiency Team has been given
read only access to coded data of the government's payments system.
Democratic lawmakers had raised concerns about that system's integrity stemming
from the Musk team's access.
Speaker 2 (03:55):
Well Nathan, President Trump's cabinet continues to take Shaye pam
Bondy has won a full Senate vote to be the
next Attorney General.
Speaker 8 (04:02):
On this vote, the yaser fifty four, the nays are
forty six.
Speaker 9 (04:06):
The nomination is confirmed.
Speaker 2 (04:09):
And that was the final tally for Pama Bondi in
the US Senate. The new Attorney General now get a
chance to reshape the one hundred and fifteen thousand member
Justice Department head of her confirmation. Interim leaders forced out
or reassigned many officials who investigated the January sixth attack
at the US Capitol, including career prosecutors and FBI officials.
Speaker 4 (04:27):
I Meanwhile, Karen Moore cabinet nominees are moving closer to
their confirmations. Both Robert F. Kennedy, Junior and Tulsea Gabbert
have advanced through Senate committees on party line votes. Kennedy
faced questions about his past efforts to link vaccines to
autism at his hearing to leave the Department of Health
and Human Services. Gabbard drew criticism for meeting with then
Syrian President Bashar al Assad and refused to call NSA
(04:48):
leaker Edward Snowden a trader in her bid to be
Director of National Intelligence.
Speaker 2 (04:53):
On Nathan, Now, we want to turn to the latest
on the plane crash investigation in Washington, d C. The
remains of all sixty FI seven victims have been recovered
from the collision between the American Airlines flight and the
Army helicopter. The National Transportation Safety Board says the latest
data show the black Hawk was flying at about three
hundred feet at the time of the accident. That's about
one hundred feet higher than the preliminary RATEAR indicated. Investigators
(05:18):
say they need more data from the Blackhawk itself. They
expect to recover it from the Potomac River later this week.
Speaker 4 (05:24):
Turning the markets now, Karen futures are lower, led by
tech shares following some disappointing earnings after the bell. Shares
of Google parent Alphabet are down seven and a half
percent after missing earning's estimate. Sales from its cloud business slowed.
On the company conference call, Alphabet CEO Soon darp Shi
downplayed competition from China's Deep Seek.
Speaker 10 (05:45):
There's been a lot of observations on Deep Seek. First
of all, you know, I think tremendous team. I think
they've done very very good work. I would say both
are two point zero flash models or two point oho
flash thinking models. You know, they are some of the
most efficient models out there, including comparing two deep seeks.
Speaker 4 (06:04):
Alphabet CEO Sun Darbishi also announced seventy five billion dollars
in twenty twenty five capital expenditures that far exceeds the
fifty seven point nine billion that analysts expected.
Speaker 2 (06:14):
Nathan Chairs of AMD also taking it on the chin.
This morning, they're down more than eight and a half percent.
Is it struggled to catch up with AI computing leader Nvidia.
The chip maker's fourth quarter revenue topped estimates, but its
data center divisions revenue was below analyst projections.
Speaker 4 (06:29):
And shares of Chipotle Mexican Grill are down more than
six percent. The fast food retailer sales rose less than expected.
Chipotle had stood out as one of the few chains
that managed to bring in more customers over the past
year to time. When competition or when competitors, I should say,
we're losing traffic.
Speaker 2 (06:46):
Well for season. Nathan Nissan is reportedly pulling out of
plans to combine with Honda. The NYK newspapers reporting talks
between the two car makers have stalled since tie up
plans were first announced in December. Without Honta is backing,
Nissan's future is unclear, with the company facing chronic issues
such as an outdated product lineup and bloated dealership incentives.
(07:10):
Time now, if we look at some of the other
stories making news in New York and around the world,
and for that we're joined by Bloomberg's Michael Barr Michael,
Good morning.
Speaker 9 (07:16):
Good morning Karen. In New Orleans, security preparations are underway
ahead of Super Bowl Sunday. The US Department of Homeland
Security Special Agent in Charge for New Orleans, Eric Delonde,
is the lead federal coordinator for Super Bowl fifty nine.
He says visitors to the city are going to see
a heavy police presence this weekend.
Speaker 2 (07:36):
This is going to be the safest city in America
for the Super Bowl.
Speaker 4 (07:40):
We will have more federal assets, more federal law enforcement,
more state local law enforcement, probably than any other Fruit
Bowl ever played.
Speaker 9 (07:49):
Delan's comments come after the January first Bourbon Street terrorist
attack that killed fifteen people. Sweden's worst mass shooting has
left at least eleven people dead, including the gunman, at
an adult education center, as officials warned that the death
toll could rise. Police believe the perpetrator acted alone, but
have not said if he was a student or what
(08:10):
his motive may have been. Tuesday's violence occurred at a
school west of Stockholm and offers primary and second educational
classes for adults. Police say one person is dead. Five
people have been wounded in a shooting at a cosmetics
warehouse in New Albany. Ohio. A spokesperson says the subject
is no longer believed to be at the warehouse, which
(08:30):
belongs to a company that makes products including toiletries. New
Albany Police Chief Greg Jones. We believe we may know
their location.
Speaker 5 (08:39):
We don't have any reason to believe that they are
a general threat to society more than this was.
Speaker 2 (08:46):
It appears at this point to be a targeted type
of attack.
Speaker 9 (08:49):
Chief Jones did not immediately provide the tales of the
circumstances surrounding the shooting. Global News twenty four hours a
day and whenever you want it with the Bloomberg News. Now,
I'm Michael Barr, and this Isloomberg Kearn.
Speaker 2 (09:00):
All right, Michael Barr, thank you time now for the
Bloomberg Sports Update, brought to you by Tri State Audi.
Here's John Stshower.
Speaker 8 (09:12):
John, Good morning, Yim morning, Karen. Busy Tuesday for New
York area teams. The Knicks, Nets, Devils, Islanders, and Saint
John's all played. They all won. The Knicks in Toronto
saw a twenty three point league get cut to one
was just over three minutes remaining, but the Knicks held
on one twenty one to one fifteen as Karl Anthony
Towns had twenty seven points and twenty rebounds. Nicks had
won seven of their last eight games and eight in
(09:33):
a row. Versus the Raptors. The Nets had and won
a home game in two months. Didn't look like they'd
beat Houston down four with nine seconds left. A Keon
Johnson three point or a steal on the inbounds passing
at D'Angelo Russell three six points in six seconds. The
Nets beat the Rockets ninety seven, ninety three, top two
in the East. Met in Cleveland, Celtics beat the Cavs
and LA The Lakers beat the Clippers by twenty five
(09:55):
with Luca don Said's sitting on the Laker bench. He
hasn't played since Christmas with a calf injury. But for
the the first time since the trade, Luca gave his
reaction to it.
Speaker 10 (10:04):
But like this last forty dollars just one month, Like
two days ago was one month ago.
Speaker 2 (10:10):
So emotionally it was really hard.
Speaker 11 (10:13):
But very day that I like today was much better.
You know, I'm just very happy to be here.
Speaker 8 (10:21):
Anthony Davis also hurt, didn't play for Dallas and a
two point loss at Philadelphia, and you have yes, aerena.
The Islanders made it eight wins in the last nine games,
two to one over Vegas. Devils won three two in
a shootout at Pittsburgh get the Guarden. Saint John's's twentieth
win of the season. It's so far been a terrific one.
The Red Storm atop the Big East. They beat Marquette
seventy to sixty four. The Yankees have re signed lefty
(10:41):
reliever Tim Hill. John Stashan. We're Bloomberg Sports Kenona.
Speaker 1 (10:47):
Coast to coast on Bloomberg Radio, nationwide on Sirius Exam
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak.
Speaker 9 (10:58):
Good morning.
Speaker 4 (10:58):
I'm Nathan Hager. And it could be a dramatic shift
in the Middle East. President Trump says the US should
take over the Gaza Strip and develop it into what
he calls a riviera. And he says it's not an
idea he comes too lightly.
Speaker 12 (11:12):
Everybody I've spoken to loves the idea of the United
States owning that piece of land, developing and creating thousands
of jobs with something that will be magnificent in a
really magnificent area that nobody would know. Nobody could look
because all they see is death and destruction and rubble.
Speaker 4 (11:28):
And that was President Trump speaking alongside Israeli Prime Minister
Benjamin Netan Yahoo at the White House, joining us now
as Bloomberg News Managing editor Derek Wallbank and Derek to say,
this would up end Middle East policy. May be just
scratching the surface. What do you make of this?
Speaker 11 (11:46):
Yeah, Nathan, it was really interesting watching that press conference
because when Donald Trump started going into this, you know,
I think that they're The initial reaction was, hold on,
did he just say what we think he said? And
then Trump went on to, as you noted, make very
clear that not only did he say it, he meant it.
(12:08):
You know, there are infinite questions that it raises. There
has been a pretty stiff pushback, unanimous among Democrats over
you know, overwhelming out of the out of the Arab world.
Not so much from Republicans. We have heard a couple
of congressional Republicans, Lindsey Graham being one, suggests that maybe
(12:30):
this was, you know, that this was a little bit
of a bad idea. But other than that, Republicans have
been pretty well supportive of the idea of doing something different.
Speaker 9 (12:44):
Now.
Speaker 11 (12:44):
Trump went out and said a whole range of things
about what he would want to do with Gazaf. The
US got heavily, heavily involved and effectively took it over,
not least of which redeveloping the entire place. He compared
it at one point to a potential Middle Eastern riviera.
You know, as I say, it was bombshell comments from
(13:06):
the US President. I think, Nathan, you and I've been
following this along so long. The Middle East is really
one of those areas, especially issues related to Israel and
the Palestinians, where US presidents have had to choose their
words exceptionally carefully, and it's sort of like every single
word and phrase is litigated. Trump went and smashed through
(13:30):
all of that. And I think that there will be
there will be effects of this for a very very
long time.
Speaker 4 (13:37):
We if this idea is a sort of a bull
in the China shop of diplomacy from President Trump. Was
very interesting to see Prime Minister Netsan Yahoo alongside President
Trump not necessarily dismissing this idea out of hand.
Speaker 11 (13:53):
No, not necessarily dismissing, but you know it, it's hard
to know exactly how red he is and how much
he wanted, you know, that level of a statement, you know,
Netnya who was making, you know, statements that were generally
positive towards Trump's ideas, more I would say flattering of
(14:16):
Trump than endorsing necessarily exactly specific prescriptions. But I think
that this is one of those things that, look, the
White House does not appear to have given a lot
of people a heads up that this kind of titanic
policy shift was coming, right. It took a lot of
people by surprise, you know. But this is also something
(14:40):
that Trump is leaning into in his first days. And
you could say this across a range of different policies
and foreign policies where he sees an advantage to surprise,
and he sees an advantage to volatility, many times the
volatility he himself is creating.
Speaker 4 (14:58):
Oh well, we think through this potential volatile and Middle
East policy, Derek. There are new developments in the trade
tensions between the US and China after the ten percent tariffs.
Now this word from Bloomberg News that China is considering
an antitrust probe into Apple's app store. Where could this go?
Speaker 11 (15:19):
Yeah, this one's an interesting one, Nathan, and it's and
it's a very it's very much a breaking news story,
so there's a lot to digest here. But the short
version of it is that China's antitrust watchdog is laying
the groundwork for a potential probe into Apple's policies and
the fees its charges app developers. Now, the idea of
(15:40):
scrutiny over Apple's app store not necessarily new, but at
the same point, we have to consider what moment we're
in and all of the things going on between the
US and China, and the potential that this could sort
of stack up on top of that. There's a lot
to sort of follow through here. One thing I we'll
say as well though, as we were talking to a
(16:03):
lot of analysts yesterday after ahead of this story coming out,
but after the United States Postal Service said it was
going to freeze taking in small packages from from China
and from Hong Kong for temporarily freeze, and one of
the things that stood out to me was there was
(16:24):
one analyst who noted that essentially you have a macro
risk from all of these micro things going on, and
they do stack up, and there is that sort of
you know, complication risk going out.
Speaker 2 (16:38):
This is Bloomberg Day Break, your morning podcast and the
stories making news from Wall Street to Washington and beyond.
Speaker 4 (16:45):
Look for us on your podcast feed by six am
Eastern each morning, on Apple, Spotify, or anywhere else you listen.
Speaker 2 (16:51):
You can also listen live each morning starting at five
am Wall Street Time on Bloomberg eleven three to zero
in New York, Bloomberg in ninety nine to one in
washing Bloomberg ninety two nine in Boston, and nationwide on
serious XM Channel one twenty one.
Speaker 4 (17:06):
Plus listen coast to coast on the Bloomberg Business app
Now with Apple CarPlay and Android Atto interfaces.
Speaker 2 (17:12):
And don't forget to subscribe to Bloomberg News Now. It's
the latest news whenever you want it in five minutes
or less. Search Bloomberg News Now and your favorite podcast
platform to stay informed all day long. I'm Karen Moscow.
Speaker 4 (17:25):
And I'm Nathan Hager. Join us again tomorrow morning for
all the news you need to start your day right
here on Bloomberg Debreak
Bloomberg Audio Studios, Podcasts, radio news.
Speaker 2 (00:10):
Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
are the stories we're following today. Karen, we begin with
controversy in the Middle East. President Trump says the US
should take control of the Gaza Strip. The President spoke
during a White House news conference alongside Israeli Prime Minister
Benjamin NATANYAHUO the.
Speaker 3 (00:28):
US will take over the Gaza Strip, and we will
do a job with it too. We'll own it and
be responsible for dismantling all of the dangerous unexploded bombs
and other weapons on the site.
Speaker 4 (00:39):
The reaction has been swift to President Trump's Kaza proposal.
Former NATO Supreme Allied Commander in Europe Wesley Clark warrens
it would be exceptionally challenging to deliver.
Speaker 5 (00:49):
There are huge problems at the bottom, not to mention
strategic consent at the top. So look, he's the President
of the United States, better listen to him. But I've
done these things. I can tell you how difficult this is.
This is unimaginability difficult.
Speaker 4 (01:06):
Former NATO's Supreme Allied Commander in Europe, Wesley Clark, spoke
as Saudi Arabia reiterated its support for a Palestinian state
with East Jerusalem as its capital. The Saudis are rejecting
any infringement on the legitimate rights of the Palestinian people.
Speaker 2 (01:19):
Well Nathan new Development's new developments this morning. Involving Trump's
trade war, the US Postal Service has temporarily suspended the
acceptance of inbound parcels from China and Hong Kong. According
to its website, letters and flat packages from the region
will not be impacted. The move comes after President Trump
and post ten percent tariff increases on Chinese goods.
Speaker 4 (01:40):
Karen China may be looking at ways to fire back.
Bloomberg News has learned Beijing's antitrust watchdog is laying the
groundwork for a potential probe into Apple. We get more
from Bloomberg News Global Tech editor Peter Elstrom.
Speaker 6 (01:52):
We see these tensions between the two countries rising. The
US of course imposed the ten percent terra off Sunshina,
and in response, we're seeing some measure responses from Beijing.
Right now, we have the investigation into Google, and just
to be clear, the Apple investigation was not announced. This
is a sources based story where we're reporting that We
understand the regulators at SAMR are taking a look at Apple.
(02:15):
They've informed the Apple executives in the country that they're
concerned about some of these practices that they have in
the app store. These have been issues globally. Really it's
not just in China, but they're taking a thirty percent
cut of revenue from the app store in certain cases,
and they're also limiting your payment options so that you
run through the Apple Store.
Speaker 4 (02:30):
Bloomberg's Peter Elstrom says if Apple resists making changes, the
Chinese government may launch a formal investigation on.
Speaker 2 (02:37):
Nathan Donald Trump and Elon Musk's efforts to slash the
federal workforce have taken a new turn Bloomberg. John Tucker
is here with more. John.
Speaker 7 (02:44):
What's the latest, Well, Karen, Most employees of the US
Agency for International Development they're going to be placed on
administrative leave. This starts Friday. The staff members stationed overseas
they have to return within thirty days, with exceptions to
be considered on a case by case basis. This all
comes after Trump ally Elon Musk signaled out USAID repeatedly
(03:06):
on X and even Trump described the agency as run
by a bunch of radical lunatics. Secretary of State Marco
Rubio said he's now in charge of USA and Warren
US lawmakers the agency might be abolished altogether, and it
doesn't stop there. The CIA has ordered staff buyouts. That
move comes after two million federal workers were given similar offers.
(03:28):
That move initially excluded national security agencies in New York.
IM John Tucker Bloomberg Radio.
Speaker 4 (03:34):
All right, John, thank you, and his controversy swirls around
Elawn Musk's role and power in the Trump administration. The
Treasury Department says Musk's Government Efficiency Team has been given
read only access to coded data of the government's payments system.
Democratic lawmakers had raised concerns about that system's integrity stemming
from the Musk team's access.
Speaker 2 (03:55):
Well Nathan, President Trump's cabinet continues to take Shaye pam
Bondy has won a full Senate vote to be the
next Attorney General.
Speaker 8 (04:02):
On this vote, the yaser fifty four, the nays are
forty six.
Speaker 9 (04:06):
The nomination is confirmed.
Speaker 2 (04:09):
And that was the final tally for Pama Bondi in
the US Senate. The new Attorney General now get a
chance to reshape the one hundred and fifteen thousand member
Justice Department head of her confirmation. Interim leaders forced out
or reassigned many officials who investigated the January sixth attack
at the US Capitol, including career prosecutors and FBI officials.
Speaker 4 (04:27):
I Meanwhile, Karen Moore cabinet nominees are moving closer to
their confirmations. Both Robert F. Kennedy, Junior and Tulsea Gabbert
have advanced through Senate committees on party line votes. Kennedy
faced questions about his past efforts to link vaccines to
autism at his hearing to leave the Department of Health
and Human Services. Gabbard drew criticism for meeting with then
Syrian President Bashar al Assad and refused to call NSA
(04:48):
leaker Edward Snowden a trader in her bid to be
Director of National Intelligence.
Speaker 2 (04:53):
On Nathan, Now, we want to turn to the latest
on the plane crash investigation in Washington, d C. The
remains of all sixty FI seven victims have been recovered
from the collision between the American Airlines flight and the
Army helicopter. The National Transportation Safety Board says the latest
data show the black Hawk was flying at about three
hundred feet at the time of the accident. That's about
one hundred feet higher than the preliminary RATEAR indicated. Investigators
(05:18):
say they need more data from the Blackhawk itself. They
expect to recover it from the Potomac River later this week.
Speaker 4 (05:24):
Turning the markets now, Karen futures are lower, led by
tech shares following some disappointing earnings after the bell. Shares
of Google parent Alphabet are down seven and a half
percent after missing earning's estimate. Sales from its cloud business slowed.
On the company conference call, Alphabet CEO Soon darp Shi
downplayed competition from China's Deep Seek.
Speaker 10 (05:45):
There's been a lot of observations on Deep Seek. First
of all, you know, I think tremendous team. I think
they've done very very good work. I would say both
are two point zero flash models or two point oho
flash thinking models. You know, they are some of the
most efficient models out there, including comparing two deep seeks.
Speaker 4 (06:04):
Alphabet CEO Sun Darbishi also announced seventy five billion dollars
in twenty twenty five capital expenditures that far exceeds the
fifty seven point nine billion that analysts expected.
Speaker 2 (06:14):
Nathan Chairs of AMD also taking it on the chin.
This morning, they're down more than eight and a half percent.
Is it struggled to catch up with AI computing leader Nvidia.
The chip maker's fourth quarter revenue topped estimates, but its
data center divisions revenue was below analyst projections.
Speaker 4 (06:29):
And shares of Chipotle Mexican Grill are down more than
six percent. The fast food retailer sales rose less than expected.
Chipotle had stood out as one of the few chains
that managed to bring in more customers over the past
year to time. When competition or when competitors, I should say,
we're losing traffic.
Speaker 2 (06:46):
Well for season. Nathan Nissan is reportedly pulling out of
plans to combine with Honda. The NYK newspapers reporting talks
between the two car makers have stalled since tie up
plans were first announced in December. Without Honta is backing,
Nissan's future is unclear, with the company facing chronic issues
such as an outdated product lineup and bloated dealership incentives.
(07:10):
Time now, if we look at some of the other
stories making news in New York and around the world,
and for that we're joined by Bloomberg's Michael Barr Michael,
Good morning.
Speaker 9 (07:16):
Good morning Karen. In New Orleans, security preparations are underway
ahead of Super Bowl Sunday. The US Department of Homeland
Security Special Agent in Charge for New Orleans, Eric Delonde,
is the lead federal coordinator for Super Bowl fifty nine.
He says visitors to the city are going to see
a heavy police presence this weekend.
Speaker 2 (07:36):
This is going to be the safest city in America
for the Super Bowl.
Speaker 4 (07:40):
We will have more federal assets, more federal law enforcement,
more state local law enforcement, probably than any other Fruit
Bowl ever played.
Speaker 9 (07:49):
Delan's comments come after the January first Bourbon Street terrorist
attack that killed fifteen people. Sweden's worst mass shooting has
left at least eleven people dead, including the gunman, at
an adult education center, as officials warned that the death
toll could rise. Police believe the perpetrator acted alone, but
have not said if he was a student or what
(08:10):
his motive may have been. Tuesday's violence occurred at a
school west of Stockholm and offers primary and second educational
classes for adults. Police say one person is dead. Five
people have been wounded in a shooting at a cosmetics
warehouse in New Albany. Ohio. A spokesperson says the subject
is no longer believed to be at the warehouse, which
(08:30):
belongs to a company that makes products including toiletries. New
Albany Police Chief Greg Jones. We believe we may know
their location.
Speaker 5 (08:39):
We don't have any reason to believe that they are
a general threat to society more than this was.
Speaker 2 (08:46):
It appears at this point to be a targeted type
of attack.
Speaker 9 (08:49):
Chief Jones did not immediately provide the tales of the
circumstances surrounding the shooting. Global News twenty four hours a
day and whenever you want it with the Bloomberg News. Now,
I'm Michael Barr, and this Isloomberg Kearn.
Speaker 2 (09:00):
All right, Michael Barr, thank you time now for the
Bloomberg Sports Update, brought to you by Tri State Audi.
Here's John Stshower.
Speaker 8 (09:12):
John, Good morning, Yim morning, Karen. Busy Tuesday for New
York area teams. The Knicks, Nets, Devils, Islanders, and Saint
John's all played. They all won. The Knicks in Toronto
saw a twenty three point league get cut to one
was just over three minutes remaining, but the Knicks held
on one twenty one to one fifteen as Karl Anthony
Towns had twenty seven points and twenty rebounds. Nicks had
won seven of their last eight games and eight in
(09:33):
a row. Versus the Raptors. The Nets had and won
a home game in two months. Didn't look like they'd
beat Houston down four with nine seconds left. A Keon
Johnson three point or a steal on the inbounds passing
at D'Angelo Russell three six points in six seconds. The
Nets beat the Rockets ninety seven, ninety three, top two
in the East. Met in Cleveland, Celtics beat the Cavs
and LA The Lakers beat the Clippers by twenty five
(09:55):
with Luca don Said's sitting on the Laker bench. He
hasn't played since Christmas with a calf injury. But for
the the first time since the trade, Luca gave his
reaction to it.
Speaker 10 (10:04):
But like this last forty dollars just one month, Like
two days ago was one month ago.
Speaker 2 (10:10):
So emotionally it was really hard.
Speaker 11 (10:13):
But very day that I like today was much better.
You know, I'm just very happy to be here.
Speaker 8 (10:21):
Anthony Davis also hurt, didn't play for Dallas and a
two point loss at Philadelphia, and you have yes, aerena.
The Islanders made it eight wins in the last nine games,
two to one over Vegas. Devils won three two in
a shootout at Pittsburgh get the Guarden. Saint John's's twentieth
win of the season. It's so far been a terrific one.
The Red Storm atop the Big East. They beat Marquette
seventy to sixty four. The Yankees have re signed lefty
(10:41):
reliever Tim Hill. John Stashan. We're Bloomberg Sports Kenona.
Speaker 1 (10:47):
Coast to coast on Bloomberg Radio, nationwide on Sirius Exam
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak.
Speaker 9 (10:58):
Good morning.
Speaker 4 (10:58):
I'm Nathan Hager. And it could be a dramatic shift
in the Middle East. President Trump says the US should
take over the Gaza Strip and develop it into what
he calls a riviera. And he says it's not an
idea he comes too lightly.
Speaker 12 (11:12):
Everybody I've spoken to loves the idea of the United
States owning that piece of land, developing and creating thousands
of jobs with something that will be magnificent in a
really magnificent area that nobody would know. Nobody could look
because all they see is death and destruction and rubble.
Speaker 4 (11:28):
And that was President Trump speaking alongside Israeli Prime Minister
Benjamin Netan Yahoo at the White House, joining us now
as Bloomberg News Managing editor Derek Wallbank and Derek to say,
this would up end Middle East policy. May be just
scratching the surface. What do you make of this?
Speaker 11 (11:46):
Yeah, Nathan, it was really interesting watching that press conference
because when Donald Trump started going into this, you know,
I think that they're The initial reaction was, hold on,
did he just say what we think he said? And
then Trump went on to, as you noted, make very
clear that not only did he say it, he meant it.
(12:08):
You know, there are infinite questions that it raises. There
has been a pretty stiff pushback, unanimous among Democrats over
you know, overwhelming out of the out of the Arab world.
Not so much from Republicans. We have heard a couple
of congressional Republicans, Lindsey Graham being one, suggests that maybe
(12:30):
this was, you know, that this was a little bit
of a bad idea. But other than that, Republicans have
been pretty well supportive of the idea of doing something different.
Speaker 9 (12:44):
Now.
Speaker 11 (12:44):
Trump went out and said a whole range of things
about what he would want to do with Gazaf. The
US got heavily, heavily involved and effectively took it over,
not least of which redeveloping the entire place. He compared
it at one point to a potential Middle Eastern riviera.
You know, as I say, it was bombshell comments from
(13:06):
the US President. I think, Nathan, you and I've been
following this along so long. The Middle East is really
one of those areas, especially issues related to Israel and
the Palestinians, where US presidents have had to choose their
words exceptionally carefully, and it's sort of like every single
word and phrase is litigated. Trump went and smashed through
(13:30):
all of that. And I think that there will be
there will be effects of this for a very very
long time.
Speaker 4 (13:37):
We if this idea is a sort of a bull
in the China shop of diplomacy from President Trump. Was
very interesting to see Prime Minister Netsan Yahoo alongside President
Trump not necessarily dismissing this idea out of hand.
Speaker 11 (13:53):
No, not necessarily dismissing, but you know it, it's hard
to know exactly how red he is and how much
he wanted, you know, that level of a statement, you know,
Netnya who was making, you know, statements that were generally
positive towards Trump's ideas, more I would say flattering of
(14:16):
Trump than endorsing necessarily exactly specific prescriptions. But I think
that this is one of those things that, look, the
White House does not appear to have given a lot
of people a heads up that this kind of titanic
policy shift was coming, right. It took a lot of
people by surprise, you know. But this is also something
(14:40):
that Trump is leaning into in his first days. And
you could say this across a range of different policies
and foreign policies where he sees an advantage to surprise,
and he sees an advantage to volatility, many times the
volatility he himself is creating.
Speaker 4 (14:58):
Oh well, we think through this potential volatile and Middle
East policy, Derek. There are new developments in the trade
tensions between the US and China after the ten percent tariffs.
Now this word from Bloomberg News that China is considering
an antitrust probe into Apple's app store. Where could this go?
Speaker 11 (15:19):
Yeah, this one's an interesting one, Nathan, and it's and
it's a very it's very much a breaking news story,
so there's a lot to digest here. But the short
version of it is that China's antitrust watchdog is laying
the groundwork for a potential probe into Apple's policies and
the fees its charges app developers. Now, the idea of
(15:40):
scrutiny over Apple's app store not necessarily new, but at
the same point, we have to consider what moment we're
in and all of the things going on between the
US and China, and the potential that this could sort
of stack up on top of that. There's a lot
to sort of follow through here. One thing I we'll
say as well though, as we were talking to a
(16:03):
lot of analysts yesterday after ahead of this story coming out,
but after the United States Postal Service said it was
going to freeze taking in small packages from from China
and from Hong Kong for temporarily freeze, and one of
the things that stood out to me was there was
(16:24):
one analyst who noted that essentially you have a macro
risk from all of these micro things going on, and
they do stack up, and there is that sort of
you know, complication risk going out.
Speaker 2 (16:38):
This is Bloomberg Day Break, your morning podcast and the
stories making news from Wall Street to Washington and beyond.
Speaker 4 (16:45):
Look for us on your podcast feed by six am
Eastern each morning, on Apple, Spotify, or anywhere else you listen.
Speaker 2 (16:51):
You can also listen live each morning starting at five
am Wall Street Time on Bloomberg eleven three to zero
in New York, Bloomberg in ninety nine to one in
washing Bloomberg ninety two nine in Boston, and nationwide on
serious XM Channel one twenty one.
Speaker 4 (17:06):
Plus listen coast to coast on the Bloomberg Business app
Now with Apple CarPlay and Android Atto interfaces.
Speaker 2 (17:12):
And don't forget to subscribe to Bloomberg News Now. It's
the latest news whenever you want it in five minutes
or less. Search Bloomberg News Now and your favorite podcast
platform to stay informed all day long. I'm Karen Moscow.
Speaker 4 (17:25):
And I'm Nathan Hager. Join us again tomorrow morning for
all the news you need to start your day right
here on Bloomberg Debreak
Popular Podcasts
40s and Free Agents: NFL Draft Season
Daniel Jeremiah of Move the Sticks and Gregg Rosenthal of NFL Daily join forces to break down every team's needs this offseason.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.