Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: Good Morning, I'm Nathan Hager and I'm Karen Moscow. Here
Speaker 2: are the stories we're following today.
Speaker 3: Karen, we begin this morning with the passing of a
Speaker 3: civil rights icon, The Reverend Jesse Jackson.
Speaker 4: Has died at the age of eighty four.
Speaker 3: Bloomberg's Alexis Christoffers joins us with more. Good morning, Alexis,
Speaker 3: Good morning.
Speaker 5: The famed civil rights leader who marched alongside Martin Luther
Speaker 5: King Junior and later ran for president twice, died peacefully
Speaker 5: this morning, surrounded by his loved ones. According to his family,
Speaker 5: a cause of death was not immediately given. Jackson revealed
Speaker 5: he had Parkinson's in twenty seventeen and had been hospitalized
Speaker 5: since November after being diagnosed with a degenerative condition. Jackson's
Speaker 5: activism spanned decades, including two runs for the Democratic presidential
Speaker 5: nomination in nineteen eighty four and eighty eight. In two thousand,
Speaker 5: President Clinton awarded Jackson the country's highest honor, the Presidential
Speaker 5: Medal of Freedom, citing his decades of work to make
Speaker 5: the world a better place. Jesse Jackson has survived by
Speaker 5: his six children and his wife of sixty years in
Speaker 5: New York. Alexis Christophers Bloomberg Radio.
Speaker 2: All right, Alexis, thank you. We now turned to a
Speaker 2: couple of high profile talks in Geneva. The US and
Speaker 2: Irun are sent to me for a second round of
Speaker 2: nuclear talks as they seek to avoid renewed conflict in
Speaker 2: the Middle East. On Air Force One, President Trump said
Speaker 2: he will be following the talks closely, so.
Speaker 6: I'll be involved in those talks indirectly, and they'll be
Speaker 6: very important, and we'll see what can happen. Specifically, Rants
Speaker 6: are very tough negotiate with it.
Speaker 4: I think they want to make a deal.
Speaker 6: I don't think they want the consequences of not making
Speaker 6: a deal.
Speaker 3: They want to make a deal, and along with President Trump,
Speaker 3: Secretary of State Marco Rubio says he's hopeful Tehran and
Speaker 3: Washington broker in agreement. Rubio spoke with Bloomberg News editor
Speaker 3: in chief John Micklethwaite on the sidelines of the Munich
Speaker 3: Security Conference.
Speaker 7: I think it's pretty clear that Aron will never be
Speaker 7: allowed to have a nuclear weapon, and that that poses
Speaker 7: a threat not just to the United States, to Europe,
Speaker 7: to world security and to the region. There's no doubt
Speaker 7: about it. The second is, we obviously want to have
Speaker 7: forces in the region because Iran has shown the willingness
Speaker 7: and the capability to lash and strike out at the
Speaker 7: United States presence in the region. You know, we have
Speaker 7: bases because of our alliances in the region, and Iran
Speaker 7: has shown in the past that they're willing to attack
Speaker 7: us and or threat in our basis. So we have
Speaker 7: to have sufficient firepower in the region to ensure that
Speaker 7: they don't make a mistake and come after us and
Speaker 7: trigger something larger.
Speaker 3: Secretary of State Marco Rubio speaking with Bloomberg editor in
Speaker 3: chief John mckelthwaite, Iranian officials have expressed willingness to discuss
Speaker 3: their nuclear enrichment activities, but they've tied any concessions to
Speaker 3: the potential easing of US sanctions.
Speaker 4: Well, Nathan.
Speaker 2: President Trump is reaping high praise on Vice President Jdvans
Speaker 2: and Secretary of State Marco Rubio, but fell short of
Speaker 2: saying if he would support either one of them to
Speaker 2: lead the Republican presidential ticket in the twenty twenty eight election.
Speaker 6: Something I don't have to worry about now. I've got
Speaker 6: three years to go, so it's something I don't have
Speaker 6: to burn JD's fantastic at markers at both.
Speaker 2: Granted, President Trump made the comments to reporters on board
Speaker 2: Air Force One.
Speaker 3: And as we approach the fourth anniversary of Russia's full
Speaker 3: scale invasion of Ukraine Careen, there will also be US
Speaker 3: broker talks between Ukrainian and Russian officials in Geneva. Bloomberg's
Speaker 3: Hugo Miller has the latest from Switzerland.
Speaker 8: It's going to be up to whether the lead US envoys,
Speaker 8: Steve Whitcoff and Jared Kushner can really kind of bring
Speaker 8: the sides together, knock some heads together. They've also brought
Speaker 8: their own idea of a US free economic zone. But
Speaker 8: that's interesting, and that's one thing that both the Russians
Speaker 8: and the Ukrainians agree on. They're both rather cool on
Speaker 8: the idea of a kind of neutral free economic zone.
Speaker 8: So there's really going to be a full day, perhaps
Speaker 8: two days of discussions here in Geneva, but no one
Speaker 8: is too optimistic that a lot of headways going to
Speaker 8: get made.
Speaker 3: Bloomberg's Hugo Miller says the intensity of military strikes has
Speaker 3: risen sharply on both sides this month, despite US efforts
Speaker 3: to end the war.
Speaker 2: Well back here in the nation's capital, Nathan, the Department
Speaker 2: of Homeland Security is still shut down amid a congressional
Speaker 2: funding impass. According to an aid to send it Minority
Speaker 2: Leader Chuck Schumer, the Democrats have sent a counter offer
Speaker 2: on limits their demanding on immigration enforcement activities to the
Speaker 2: Republicans and the White House. The lapse in funding could
Speaker 2: last for weeks with Congress on a recess.
Speaker 3: And there's yet more fallout from the Jeffrey Epstein files.
Speaker 3: Karen billionaire Tom Pritzker says he is stepping down as
Speaker 3: executive chairman of Hyatt Hotels, citing his association with the
Speaker 3: disgraced financier. In a news release, Pritzker says he exercised
Speaker 3: terrible judgment in maintaining contact with Epstein Angelaine Maxwell. He
Speaker 3: says there's no excuse for failing to distance himself sooner. Meanwhile,
Speaker 3: Republican Congressman Thomas Massey is taking aim at Attorney General
Speaker 3: Pam Bondi for the Justice Department's handling of the files.
Speaker 9: Ultimately, it's her who is responsible for the document production.
Speaker 9: According to our law, the Attorney General, it's not Todd Blanche.
Speaker 4: It's not the people below.
Speaker 9: Then you can assign asks to people, but you can't
Speaker 9: assign your responsibility.
Speaker 3: Republican Thomas Massey appeared on ABC's This Week Heard Sundays
Speaker 3: on Bloomberg Radio. The latest trunch of Justice Department documents,
Speaker 3: as well as a cash of emails from Epstein's Yahoo
Speaker 3: account show he also worked behind the scenes at the
Speaker 3: World Economic Forum to help his friends score accommodations and
Speaker 3: meetings with billionaires and government officials at the event. The
Speaker 3: DOJ files include messages between Epstein and World Economic Forum
Speaker 3: President Borga Brenda. Brenda says he had been completely unaware
Speaker 3: of Epstein's criminal activities.
Speaker 2: Nathan authorities are saying a shooting during a Rhode Island
Speaker 2: youth hockey game has left three people dead, including the shooter.
Speaker 2: Authorities say they believe the shooting was a targeted attack
Speaker 2: stemming from a family dispute. And here's Potucket Police Chief
Speaker 2: Tina Gonsalves. We probably had about one hundred people within
Speaker 2: the station that we talked to.
Speaker 4: We can also tell you.
Speaker 6: That a good Samaritan stepped in and interjected in this scene,
Speaker 6: and that's probably what led to a swift end of
Speaker 6: this tragic event.
Speaker 2: And that's paw Tucket Police Chief TENA. Gunsalvis, who says
Speaker 2: the shooter died from an apparent self inflicted gun to
Speaker 2: shot wound. Gun Salvis identify the shooter as Robert Dorgan,
Speaker 2: who said she also went by the name ROBERTA.
Speaker 4: Esposito.
Speaker 3: Well, Karen, let's get to the latest on Nancy Guthrie's disappearance.
Speaker 3: The search for Today's show hosts Savannah Guthrie's mother is
Speaker 3: now into a third week. Investigators are consulting with management
Speaker 3: at Walmart to develop leads. The Ozark Trail Hiker pack
Speaker 3: backpack that the suspect was wearing in surveillance video from
Speaker 3: Nancy Guthries's porch is sold exclusively at Walmart. Investigators also
Speaker 3: say a glove found near the home was sent for
Speaker 3: DNA testing. Steven Jensen is a former investigator from the
Speaker 3: FBI's Washington Field office.
Speaker 10: Descriptors like the clothing, the globe, the unique culture that
Speaker 10: he was wearing.
Speaker 4: Can we identify where this was purchased?
Speaker 10: And it sounds like Walmart is a prime retailer for
Speaker 10: many of these items, and then you're looking for patterns
Speaker 10: inside of the retail data.
Speaker 3: It's former FBI investigator Stephen Jensen. P mc County Sheriff
Speaker 3: Chris Nanos also says members of Guthrie's family, including siblings
Speaker 3: and spouses, have been ruled out as suspects. President Trump
Speaker 3: told The New York Post he would ask the Justice
Speaker 3: Department to seek the death penalty if Nancy Guthrie is
Speaker 3: not returned alive.
Speaker 2: Nathan, Let's turn to the markets now. Futures are lower
Speaker 2: as Wall Street returns to a holiday shortened trading week,
Speaker 2: and it will once again be a busy week for earning.
Speaker 2: To get a preview with Bloomberg's Charlie.
Speaker 11: Pellett, Investors are looking beyond the headline and guidance numbers
Speaker 11: for clarity on AI capital investments. Mark Lushini is chief
Speaker 11: investment strategist at Jenny Montgomery Scott. He's watching revenue.
Speaker 10: I mean, right now we're seeing not only estimates obviously,
Speaker 10: as we're closing out confessions. He's in for the first
Speaker 10: for the fourth quarter, continue to beat expectations. That's a
Speaker 10: pretty heavy pace, not only on earnings but revenues.
Speaker 11: Among this week's most closely watched reports will be Walmart,
Speaker 11: also reporting tech names, Palo Alto Networks, analog devices and
Speaker 11: Cadence Design Systems in New York.
Speaker 3: Charlie Pellett, Bloomberg Radio, all right, Charlie, thank you. May
Speaker 3: have some deal news on this day observed. I think
Speaker 3: we could say the Financial Times is are putting the
Speaker 3: Danahers near a ten billion dollar deal to acquire medical
Speaker 3: technology for Massimo. The purchase of Mark Danahers largest acquisition
Speaker 3: since it's twenty one billion dollar takeover of Sitiva in
Speaker 3: twenty twenty. Masimo shares up thirty eight percent in early trading.
Speaker 2: Hey then shares a bhp. They are at more than
Speaker 2: one percent in Europe. The world's largest minor posted earnings
Speaker 2: at the upper end of analyst expectations. A year's long
Speaker 2: effort to shore up copper production, combined with a historic
Speaker 2: metals rally, offset a lackluster period for its giant iron
Speaker 2: ore business time now for a look at some of
Speaker 2: the other stories making news in New York and around
Speaker 2: the world, and for that we're joined by Bloomberg's and
Speaker 2: Michael Barr.
Speaker 4: Michael, good morning, Good morning, Karen.
Speaker 12: It is a tragic day for an Indianapolis community. Authorities,
Speaker 12: say a beech Grove officer was shot and killed Monday
Speaker 12: while responding to a domestic incident, and another officer was wounded.
Speaker 12: Thirty three year old officer Brian La was killed at
Speaker 12: the scene and the suspect fled. Sergeant John Perne with
Speaker 12: Indiana State Police said the suspect was caught.
Speaker 13: An alert community member flagged down a police officer and said, hey,
Speaker 13: something's not right, and they were correct. They pointed us
Speaker 13: in the direction of where we they believe the suspect
Speaker 13: was hiding. An impd Swatt was able to move in
Speaker 13: within minutes of that tip.
Speaker 12: Sergeant Pernes says officer Elliot had been with the department
Speaker 12: a little over the year. The second officer is expected
Speaker 12: to survive. A federal judge has ordered and exhibit about
Speaker 12: nine people enslaved by George Washington to be restored at
Speaker 12: his former home in Philadelphia after President Donald Trump's administration
Speaker 12: took it down last month. The order came on President's Day.
Speaker 12: The City of Philadelphia sued last month after the National
Speaker 12: Parks Service removed the panels from Independence National Historical Park.
Speaker 12: Tributes continued to come in for actor Robert Duvall. His
Speaker 12: family confirmed he died Monday at his Virginia Farm. Dval
Speaker 12: sat his most quotable line. It came from The Apocalypse.
Speaker 4: Now Hello, the Spill.
Speaker 1: Of Black Pup of the Morning.
Speaker 12: Among his many films, Duval is also remembered for his
Speaker 12: role as Tom Hagen and The Godfather and The Godfather
Speaker 12: Part two.
Speaker 6: Nobody has ever gone down a New York police captain.
Speaker 12: Never.
Speaker 4: It would be disastrous.
Speaker 3: All the five families would come after you, Sonny, the
Speaker 3: Corleone family would be outcast. Even the old nice political
Speaker 3: protection would run for COVID.
Speaker 12: He also wrote, directed, and starred in the acclaim movie
Speaker 12: The Apostle, and was hailed for his performance in the
Speaker 12: TV mini series Lonesome Dove. Robert Devall was ninety five
Speaker 12: Global News twenty four hours a day and whenever you
Speaker 12: want it with Bloomberg News. Now Michael Barr and this
Speaker 12: is Bloomberg Herron.
Speaker 4: Well, thanks Michael all the time.
Speaker 2: Now for our Bloomberg Sports update, and for that we
Speaker 2: bring in John stash Hour Menks.
Speaker 14: Darren do College basketball Michigan for the first time since
Speaker 14: twenty thirteen. Houston is now ranked second, but the Cougars
Speaker 14: lost at sixth ranked Iowa State seventy to sixty seven.
Speaker 14: Duke is now ranked third easy win over Syracuse one
Speaker 14: oh one to sixty four. Speaking of easy wins, US
Speaker 14: five nothing over Sweden and the women's hockey semifinals, the
Speaker 14: US team is six and zero by a cumulative score
Speaker 14: of thirty one to one. Play Canada for the gold
Speaker 14: medal Thursday. A gold medal in the bobs led for
Speaker 14: America and Lena Myers Taylor. That's a Bloomberg Sports update.
Speaker 4: Stay with us.
Speaker 2: More from Bloomberg day Break coming up after this.
Speaker 1: Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
Speaker 1: and around the world on Bloomberg dot Com and the
Speaker 1: Bloomberg Business opp This is Bloomberg Daybreak.
Speaker 4: Good morning on Nathan Hager.
Speaker 3: Geneva is the epicenter of diplomacy today, with the US
Speaker 3: holding high level talks both on Iran's nuclear program and
Speaker 3: the war in Ukraine. President Trump says he will be
Speaker 3: involved in the Iran discussion indirectly.
Speaker 6: Typically, Rans are very tough negotiator and good negotiators, or
Speaker 6: band I would say they bad negotiators because we could
Speaker 6: have had a deal instead of sending the V twos
Speaker 6: into knockout their nuclear potential.
Speaker 3: I was President Trump of Board Air Force one last night.
Speaker 3: This morning, were joined by Bloomberg Chief Europe correspondent Oliver
Speaker 3: Crook ollie, Good morning. What are we expecting from this
Speaker 3: next round of Iran talks?
Speaker 15: Yeah, well, listen in a very tall order for the
Speaker 15: Trump administration trying to resolve or at least make progress
Speaker 15: on two of the most sort of complicated geopolitical crises
Speaker 15: and situations that we've got, both Russia and Ukraine, and
Speaker 15: of course Iran and the United States, which are now
Speaker 15: in open dialogue about kind of what the future of
Speaker 15: that relationship looks like. What the United States would like
Speaker 15: to achieve is to get forward on a sort of
Speaker 15: framework for the sort of denuclearization, the sort of commitment
Speaker 15: against enriching uranium, those sorts of things with the Iranians
Speaker 15: want in return is sort of sanctioned relief. And given
Speaker 15: sort of how tall an order this is, we should
Speaker 15: say that these conversations with Iran, unlike the ones with
Speaker 15: Russia and Ukraine, these are still at the very sort
Speaker 15: of early stages here. But really upping the stakes here
Speaker 15: is the fact that there's a second aircraft carrier that's
Speaker 15: headed into the regions. We also had over the last
Speaker 15: couple of days the Iranians Revolutionary Guard. They're holding exercises
Speaker 15: again in potential preparation for some kind of conflict. And
Speaker 15: that really is the kind of stakes here that have
Speaker 15: been set for the stage, whether it's President Trump, whether
Speaker 15: it's Mark or Rubio for the last couple of days,
Speaker 15: basically all saying that they prefer a diplomatic resolution to
Speaker 15: this issue, but making very clear that forrest is certainly
Speaker 15: an option that is on the table.
Speaker 4: So we'll be watching very closely.
Speaker 15: In Geneva, they've been speaking for about about two hours
Speaker 15: now so far this morning, so we see if we
Speaker 15: get anything out of that. And as far as the
Speaker 15: markets are concerned, as we take as a sort of
Speaker 15: barometer for how worried they are, you know, the oil
Speaker 15: market looking pretty sedate this morning, so we're watching very
Speaker 15: closely what we get on that, certainly.
Speaker 3: But with those two aircraft carriers in the region, does
Speaker 3: that suggest something about the timing that the US is
Speaker 3: looking for in terms of hammering out a final deal here.
Speaker 15: Well, I think that that's sort of a very sort
Speaker 15: of interesting side of it, right, because this is something
Speaker 15: that is obviously intended to escalatet the pressure on the Iranians.
Speaker 15: But given how complicated any kind of deal between the
Speaker 15: two sides is going to have to be. You know,
Speaker 15: I don't imagine that this is something you can just
Speaker 15: hammer out in a couple of summits. The first round
Speaker 15: of talks was on February the sixth. This is only
Speaker 15: the second round of talks. When you think about the
Speaker 15: difficulty and the diplomacy here required in order to strike
Speaker 15: a deal, this is not something that is likely to
Speaker 15: happen overnight. That being said, we have been surprised in
Speaker 15: the past by Trump foreign policy efforts that have yielded
Speaker 15: something that was completely unexpected. We think, of course, of
Speaker 15: the truce or the ceasefire that was arrived at between
Speaker 15: the Israelis and Hamas, which really is something that at
Speaker 15: first I think there was very little optimism could really
Speaker 15: be achieved and then suddenly sort of came into fruition
Speaker 15: rather quickly.
Speaker 3: And in terms of the Russia Ukraine discussions, I've kind
Speaker 3: of lost track of which round we're on there. But
Speaker 3: are we expecting any breakthroughs in Geneva today?
Speaker 15: Yeah, I think that the sort of expectations are fairly
Speaker 15: low from the sort of renewed effort with the trilateral
Speaker 15: talks that involve the United States, the Ukrainians, and the
Speaker 15: Russians were basically this is the third meeting in about
Speaker 15: three weeks, so there certainly has been an increase of
Speaker 15: the cadence of these sort of negotiations. That being said, again,
Speaker 15: you listen to Marco Rubio while he's been in Munich,
Speaker 15: while he's been in Budapest over the last couple of days,
Speaker 15: he's basically saying, some days I feel better about it
Speaker 15: than others, but at the end of the day, you know,
Speaker 15: I'm not really in a position to say whether or
Speaker 15: not we're any we're any closer to a resolution for
Speaker 15: this war. What we did hear, interestingly from Zelenski at
Speaker 15: the Munich Security conference over the weekend was basically saying
Speaker 15: that if we can negotiate a ceasefire for two months,
Speaker 15: then the Ukrainians are willing to hold an election in Ukraine,
Speaker 15: which is, you know, a sort of meaningful step from
Speaker 15: the President of Ukraine, particularly since the Trump administration in
Speaker 15: Trump himself has put some pressure on the Ukrainians to
Speaker 15: do that. That being said, we should also say that
Speaker 15: the Russians have been absolutely hammering the energy infrastructure over
Speaker 15: in Ukraine, and we should just say, just to give
Speaker 15: people a reminder here, the temperature in Kiev right now
Speaker 15: is seventeen degrees fahrenheit with a low of ten degrees
Speaker 15: without about hundreds of thousands of people across the country
Speaker 15: periodically without electricity and without heat.
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