1 00:00:00,800 --> 00:00:04,200 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,200 --> 00:00:08,440 Speaker 1: med Kalegi. The devastating Palisades fire has pushed to the northeast, 3 00:00:08,760 --> 00:00:12,879 Speaker 1: prompting new evacuations and the ultra affluent southern California neighborhoods 4 00:00:12,920 --> 00:00:15,480 Speaker 1: of Brentwood and bel Air as the threat of more 5 00:00:15,560 --> 00:00:19,160 Speaker 1: dry winds raised risks after a brief respite. The expanded 6 00:00:19,200 --> 00:00:24,200 Speaker 1: evacuation area covers some of Los Angeles' most important cultural institutions, 7 00:00:24,239 --> 00:00:27,960 Speaker 1: including the Getty Center, an architectural landmark at the campus 8 00:00:28,000 --> 00:00:31,120 Speaker 1: of UCLA. New areas of bel Air east of the 9 00:00:31,280 --> 00:00:34,880 Speaker 1: four H five Freeway are now also on evacuation warning. 10 00:00:35,080 --> 00:00:38,040 Speaker 1: UCLA has announced there will be no in person classes 11 00:00:38,120 --> 00:00:42,519 Speaker 1: next week. Ukraine is interrogating two North Korean soldiers captured 12 00:00:42,520 --> 00:00:45,240 Speaker 1: while they were fighting for Russia in the Kursk region. 13 00:00:45,520 --> 00:00:48,960 Speaker 1: This according to President Vladimir Zelenski. Selenski set at a 14 00:00:48,960 --> 00:00:52,560 Speaker 1: post on x that included photos of the alleged soldiers 15 00:00:52,600 --> 00:00:56,200 Speaker 1: that the pair, though wounded, survived and were transported to Kiev, 16 00:00:56,560 --> 00:00:59,960 Speaker 1: where they are now communicating with the Security Service of Ukraine. 17 00:01:00,360 --> 00:01:04,880 Speaker 1: Zelenski said he would instruct Ukraine's security service to grant journalists' 18 00:01:05,000 --> 00:01:08,120 Speaker 1: access to the prisoners. Jack Smith has resigned as the 19 00:01:08,280 --> 00:01:13,640 Speaker 1: Special Council overseeing federal criminal investigations into President Alank Donald 20 00:01:13,680 --> 00:01:17,640 Speaker 1: Trump and has separated from the US Justice Department. This 21 00:01:17,720 --> 00:01:20,800 Speaker 1: according to a Saturday court filing from the government. The 22 00:01:20,840 --> 00:01:23,840 Speaker 1: confirmation of Smith's departure as of Friday, came as the 23 00:01:23,920 --> 00:01:26,880 Speaker 1: department is fighting an effort by two of Trump's former 24 00:01:26,920 --> 00:01:30,959 Speaker 1: co defendants to stop Smith's final report on investigations from 25 00:01:31,000 --> 00:01:35,360 Speaker 1: being released. Top Israeli negotiators will join Katari hosted talks 26 00:01:35,360 --> 00:01:38,800 Speaker 1: in a proposed Gaza truce and hostage released by Hamas. 27 00:01:39,160 --> 00:01:42,759 Speaker 1: Prime Minister of Benjamin Natanyahu's office said this. The inclusion 28 00:01:42,800 --> 00:01:47,160 Speaker 1: of MASSAD Chief David BARNEYA Shinbet, Domestic Security chief Ronan Bar, 29 00:01:47,560 --> 00:01:52,240 Speaker 1: General Nitzan Alan, and Netanyahu advisor Ofir Falk represents an 30 00:01:52,320 --> 00:01:55,760 Speaker 1: upgrade of the working level delegation already in Doha. While 31 00:01:55,800 --> 00:01:58,800 Speaker 1: the development may signal progress, there has been no formal 32 00:01:58,840 --> 00:02:02,520 Speaker 1: pause in fighting since no member of twenty twenty three 33 00:02:02,600 --> 00:02:06,120 Speaker 1: Hershey CEO Michelle Buck, will step down from her role 34 00:02:06,160 --> 00:02:08,320 Speaker 1: next year, and the company has started a search for 35 00:02:08,400 --> 00:02:11,840 Speaker 1: her successor. We get more from Bloomberg's Charlie Pellett. 36 00:02:12,120 --> 00:02:14,520 Speaker 2: The sixty three year old Buck told the board she 37 00:02:14,600 --> 00:02:18,320 Speaker 2: intends to retire on June thirtieth of twenty twenty six. 38 00:02:18,720 --> 00:02:21,600 Speaker 2: Hershey says she will stay on as CEO and as 39 00:02:21,639 --> 00:02:25,160 Speaker 2: a board member until a new leader is found. Buck 40 00:02:25,200 --> 00:02:29,200 Speaker 2: has led Hershey since twenty seventeen. The transition follows a 41 00:02:29,240 --> 00:02:32,880 Speaker 2: sustained rise in cocoa prices that has put pressure on 42 00:02:32,919 --> 00:02:36,760 Speaker 2: the maker of Reese's Peanut buttercups and Almond Joy Treats 43 00:02:37,120 --> 00:02:39,560 Speaker 2: in New York. Charlie Pellett Bloomberg. 44 00:02:39,160 --> 00:02:43,800 Speaker 1: Radio outgoing SEC chair Gary Ginsler is warning against weakening 45 00:02:43,840 --> 00:02:46,720 Speaker 1: guardrails for retail traders. We get more on that from 46 00:02:46,720 --> 00:02:48,359 Speaker 1: Bloomberg's Denise Pellegrini. 47 00:02:48,600 --> 00:02:52,840 Speaker 3: Gensler is warning against rolling back disclosure requirements are broadening 48 00:02:52,880 --> 00:02:57,400 Speaker 3: the definition of accredited investor. He emphasizes the importance of 49 00:02:57,480 --> 00:03:01,600 Speaker 3: disclosures for investor confidence in markets. Staceability Project twenty five, 50 00:03:01,680 --> 00:03:05,360 Speaker 3: an initiative intended as a policy blueprint for the Trump administration, 51 00:03:05,760 --> 00:03:08,720 Speaker 3: calls for financial regulators to broaden the definition of an 52 00:03:08,720 --> 00:03:14,040 Speaker 3: accredited investor or, eliminate the restrictions altogether, and Presidentallecdonald Trump's 53 00:03:14,080 --> 00:03:17,919 Speaker 3: pick to replace Gensler, Paul Atkins has repeatedly spoken out 54 00:03:17,919 --> 00:03:22,240 Speaker 3: against corporate disclosures and how it can hinder investment opportunities. 55 00:03:22,440 --> 00:03:24,120 Speaker 3: Denise Pelgriny Bloomberg Radio. 56 00:03:24,400 --> 00:03:27,000 Speaker 1: More and more of us are giving up alcohol for 57 00:03:27,120 --> 00:03:30,000 Speaker 1: the month. Bloomberg's Nancy Lions has the tales. 58 00:03:30,440 --> 00:03:34,520 Speaker 4: Twenty two percent of Americans are participating in dry January. 59 00:03:34,600 --> 00:03:38,160 Speaker 4: That's five percent higher than previous years. That's according to 60 00:03:38,200 --> 00:03:41,320 Speaker 4: a new report for Mourning consult that also found most 61 00:03:41,360 --> 00:03:44,160 Speaker 4: are opting to give up alcohol for the health benefits, 62 00:03:44,640 --> 00:03:47,680 Speaker 4: especially in light of the recent Surgeon General's report warning 63 00:03:47,720 --> 00:03:51,560 Speaker 4: even small amounts can cause cancer. The savings for giving 64 00:03:51,600 --> 00:03:54,920 Speaker 4: up alcohol for a month range between three hundred and 65 00:03:55,000 --> 00:03:58,400 Speaker 4: one thousand dollars. I'm Nancy Lions, Bloomberg Radio. 66 00:03:58,760 --> 00:04:02,200 Speaker 1: Wild Card Weekend in the NFL. In a final from Houston, 67 00:04:02,280 --> 00:04:06,040 Speaker 1: the Houston Texans defeated the Los Angeles Chargers thirty two 68 00:04:06,200 --> 00:04:10,320 Speaker 1: to twelve. The news business is facing its next enormous challenge. 69 00:04:10,360 --> 00:04:13,480 Speaker 1: Eight reasons to be both optimistic and paranoid. How journalism 70 00:04:13,560 --> 00:04:15,800 Speaker 1: will adapt in the age of AI. You can read 71 00:04:15,840 --> 00:04:19,240 Speaker 1: all about it in Bloomberg's weekend edition, exploring the places 72 00:04:19,240 --> 00:04:21,880 Speaker 1: where finance, life and culture meet. Find it now on 73 00:04:21,920 --> 00:04:25,320 Speaker 1: bloomberg dot com in the Bloomberg Business app. That's news 74 00:04:25,320 --> 00:04:28,560 Speaker 1: when you want it with Bloomberg News Now. I'm Mad Kleggi, 75 00:04:28,839 --> 00:04:30,719 Speaker 1: and this is Bloomberg