1 00:00:02,400 --> 00:00:10,080 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. Good morning. 2 00:00:10,080 --> 00:00:13,040 Speaker 2: I'm Nathan Hager and I'm Amy Morris. Here are the 3 00:00:13,080 --> 00:00:14,680 Speaker 2: stories we're following today. 4 00:00:15,040 --> 00:00:18,040 Speaker 3: We begin in Washington, where the federal government is less 5 00:00:18,040 --> 00:00:22,400 Speaker 3: than five days away from another partial government shut down deadline. Now, 6 00:00:22,440 --> 00:00:24,280 Speaker 3: the White House has set up a meeting to try 7 00:00:24,320 --> 00:00:27,120 Speaker 3: to raise the pressure. Not a major sticking point billions 8 00:00:27,120 --> 00:00:30,120 Speaker 3: of dollars in aid to Ukraine. Bloomberg z Ed Baxter 9 00:00:30,240 --> 00:00:30,920 Speaker 3: has the story. 10 00:00:31,120 --> 00:00:33,760 Speaker 4: On the list of attendees a number of key congressional 11 00:00:33,800 --> 00:00:37,840 Speaker 4: leaders like House Speaker Mike Johnson, House Minority Leader Hakim Jeffreys, 12 00:00:38,240 --> 00:00:41,360 Speaker 4: Senate leaders Chuck Schumer and Mitch McConnell. Now, the White 13 00:00:41,360 --> 00:00:45,000 Speaker 4: House says Biden wants to discuss the urgency of passing 14 00:00:45,080 --> 00:00:48,320 Speaker 4: the sixty billion dollar request for US emergency Ukraine aid, 15 00:00:48,720 --> 00:00:51,839 Speaker 4: as well as the looming deadline to fund the government. 16 00:00:52,240 --> 00:00:55,800 Speaker 4: Speaker Johnson's grasp on the speakership is tenuous. Part of 17 00:00:55,840 --> 00:00:58,640 Speaker 4: his dilemma is he could lose it if he pushes 18 00:00:58,680 --> 00:01:02,360 Speaker 4: for Ukraine aid without border. The meeting is set for tomorrow. 19 00:01:02,720 --> 00:01:04,560 Speaker 4: Aad Baxter Bloomberg Radio. 20 00:01:04,480 --> 00:01:06,240 Speaker 2: All right, thank you, Ed. Now to the latest in 21 00:01:06,280 --> 00:01:09,399 Speaker 2: the Middle East Israeli Prime Minister Benjamin Netanyah, who says 22 00:01:09,440 --> 00:01:12,160 Speaker 2: he'll have a plan to move civilians out of the 23 00:01:12,200 --> 00:01:15,800 Speaker 2: southern Gaza city of Rafa before going into dismantle remaining 24 00:01:15,840 --> 00:01:19,880 Speaker 2: Hamaspitalians in the city. Netanyah, who says there's no disagreement 25 00:01:19,920 --> 00:01:22,360 Speaker 2: between Israel and the US on this point. 26 00:01:22,560 --> 00:01:24,200 Speaker 5: We agree on this. I mean, we don't have to 27 00:01:24,240 --> 00:01:27,119 Speaker 5: be prodded. We're on the same page with the US 28 00:01:27,120 --> 00:01:29,440 Speaker 5: on this because that's how we do it. 29 00:01:29,880 --> 00:01:32,760 Speaker 2: Prime Minister Netanyah, who was on CBS's Face the Nation. 30 00:01:33,040 --> 00:01:35,800 Speaker 2: We get more on this from Bloomberg Senior editor Bill Ferries. 31 00:01:36,200 --> 00:01:38,319 Speaker 6: The big deadline we have to keep in mind is 32 00:01:38,360 --> 00:01:43,240 Speaker 6: March tenth. That's when Israel says, if the remaining hostages 33 00:01:43,280 --> 00:01:46,679 Speaker 6: haven't been released, they will go forward with that ground 34 00:01:46,680 --> 00:01:50,800 Speaker 6: offensive in Rafa, and March tenth also coincides with the 35 00:01:50,840 --> 00:01:53,960 Speaker 6: start of Ramanan, so that would raise a lot of criticism, 36 00:01:54,120 --> 00:01:57,760 Speaker 6: additional criticism of Israel from much of the Muslim world 37 00:01:57,800 --> 00:01:59,240 Speaker 6: and the wider world as well. 38 00:02:00,000 --> 00:02:04,200 Speaker 2: Burg's Bill Ferries. Meantime, the Prime Minister of the Palestinian Authority, 39 00:02:04,480 --> 00:02:08,240 Speaker 2: Mohammad Stea, says he and his government will resign, but 40 00:02:08,280 --> 00:02:11,960 Speaker 2: it's not clear if Palestinian President Matmouda Bass will accept that. 41 00:02:12,280 --> 00:02:15,280 Speaker 3: Turning to politics back home, Amy, first, Wall Street considered 42 00:02:15,320 --> 00:02:17,960 Speaker 3: Ron DeSantis, then it went for Nikki Haley. Now the 43 00:02:18,000 --> 00:02:21,560 Speaker 3: Republican donor class is confronting a reality. It's wealthy members 44 00:02:21,560 --> 00:02:24,440 Speaker 3: that hoped to avoid being limited to exerting their clout 45 00:02:24,480 --> 00:02:28,000 Speaker 3: in the election cycle only through state level races. Donald 46 00:02:28,000 --> 00:02:31,359 Speaker 3: Trump's victory in the South Carolina Republican primary has moved 47 00:02:31,360 --> 00:02:34,640 Speaker 3: the former president closer to claiming his party's nomination, and 48 00:02:34,680 --> 00:02:37,040 Speaker 3: now the powerful Coke network has announced it will no 49 00:02:37,080 --> 00:02:40,639 Speaker 3: longer fund Haley's campaign. This is a major reversal that 50 00:02:40,800 --> 00:02:45,040 Speaker 3: underscores traditional donors inability to slow Donald Trump's momentum. 51 00:02:45,280 --> 00:02:48,560 Speaker 2: Adding to that momentum for Donald Trump, another key endorsement, 52 00:02:48,960 --> 00:02:51,920 Speaker 2: John Thune, the second ranking Republican in the Senate, is 53 00:02:52,000 --> 00:02:54,720 Speaker 2: backing the former president in his bid for the White House. 54 00:02:55,000 --> 00:02:59,360 Speaker 2: The South Dakota senator had resisted joining Trump's allies until now. 55 00:03:00,080 --> 00:03:03,760 Speaker 2: This questioned Trump's strength as a general election candidate. 56 00:03:04,000 --> 00:03:06,360 Speaker 3: All right, let's get back to markets now, Amy, Futures, 57 00:03:06,400 --> 00:03:08,480 Speaker 3: as you mentioned, are lower as we begin a new 58 00:03:08,520 --> 00:03:10,200 Speaker 3: trading week. Both the Dow and the S and P 59 00:03:10,280 --> 00:03:13,240 Speaker 3: five hundred ended last week at records, while the Nasdaq 60 00:03:13,320 --> 00:03:16,480 Speaker 3: slipped from its all time high. Katerina Siminetti, Senior vice 61 00:03:16,520 --> 00:03:19,519 Speaker 3: president at Morgan Stanley Private Wealth Management, says investors have 62 00:03:19,560 --> 00:03:21,400 Speaker 3: a tough dilemma during this market rally. 63 00:03:21,639 --> 00:03:24,600 Speaker 7: What we're seeing as the biggest trap to try to 64 00:03:24,680 --> 00:03:29,680 Speaker 7: avoid is when investors are starting to doubt their diversified portfolios, 65 00:03:29,919 --> 00:03:32,760 Speaker 7: starting to dowb asset allocation and are kind of saying like, 66 00:03:32,800 --> 00:03:36,120 Speaker 7: should we stay with blue chip stocks, should we stay diversified, 67 00:03:36,360 --> 00:03:39,440 Speaker 7: or should we switch direction into this highest growing stocks. 68 00:03:39,920 --> 00:03:42,520 Speaker 7: And that's what you know, These are the type of 69 00:03:42,520 --> 00:03:45,280 Speaker 7: conversations that we're having, you know, the beginning of this year. 70 00:03:45,480 --> 00:03:48,800 Speaker 3: Katerina Seminetti of Morgan Stanley Private Wealth says investors will 71 00:03:48,840 --> 00:03:51,400 Speaker 3: be focusing on a busy week of data, including the 72 00:03:51,400 --> 00:03:54,240 Speaker 3: federal reserves, preferred measure of inflation. 73 00:03:54,360 --> 00:03:57,120 Speaker 2: And stock markets may be hitting records, but Warren Buffett's 74 00:03:57,120 --> 00:04:00,920 Speaker 2: Berkshire Hathaway is having some trouble finding places to invest. 75 00:04:01,240 --> 00:04:04,480 Speaker 2: Bloomberg's John Tucker joins us with those details. 76 00:04:04,280 --> 00:04:06,720 Speaker 8: And Amy Buffett says there are no deals out there 77 00:04:06,840 --> 00:04:10,960 Speaker 8: that could deliver eye popping performance soul. He's keeping Berksher's 78 00:04:10,960 --> 00:04:13,640 Speaker 8: cash close at hand, and that pile of cash has 79 00:04:13,640 --> 00:04:15,960 Speaker 8: grown to a record one hundred and sixty seven point 80 00:04:16,000 --> 00:04:19,600 Speaker 8: six billion dollars. In his annual shareholder letter, the ninety 81 00:04:19,600 --> 00:04:22,159 Speaker 8: three year old Bumfitt says there remain only a handful 82 00:04:22,200 --> 00:04:24,800 Speaker 8: of companies in this country capable of truly moving the 83 00:04:24,839 --> 00:04:28,000 Speaker 8: needle at Berkshire, and they have been endlessly picked over. 84 00:04:28,480 --> 00:04:31,400 Speaker 8: The company also reported fourth quarter operating earnings of eight 85 00:04:31,480 --> 00:04:34,600 Speaker 8: point four eight billion dollars that was held by an 86 00:04:34,600 --> 00:04:38,880 Speaker 8: increase in insurance underwriting earnings and investment income. Berkser shares 87 00:04:38,920 --> 00:04:42,159 Speaker 8: are up seventeen percent so far this year. They've touched 88 00:04:42,160 --> 00:04:45,520 Speaker 8: a record in each of the past seven trading days. 89 00:04:45,720 --> 00:04:47,400 Speaker 8: I'm John Tucker, Bloomberg Radio. 90 00:04:47,520 --> 00:04:50,039 Speaker 3: All right, John, thanks on The most actively traded stock 91 00:04:50,080 --> 00:04:53,240 Speaker 3: this morning is Intuitive Machines. We told you about the 92 00:04:53,279 --> 00:04:57,520 Speaker 3: moonshot the company's shares had on Friday following its lunar landing. 93 00:04:57,760 --> 00:05:00,680 Speaker 3: The stock surged as much as forty three percent before 94 00:05:00,760 --> 00:05:04,680 Speaker 3: ending Friday nearly sixteen percent higher. This morning, though Intuitive 95 00:05:04,720 --> 00:05:07,760 Speaker 3: Machines is crashing back to earth. The stock is plunging 96 00:05:07,760 --> 00:05:10,839 Speaker 3: more than thirty four percent. Officials now say that lander 97 00:05:10,920 --> 00:05:15,760 Speaker 3: nicknamed Odysseus likely landed on its side. 98 00:05:15,200 --> 00:05:17,839 Speaker 2: And we do have some deal news this morning. Alcoa 99 00:05:17,880 --> 00:05:19,960 Speaker 2: has made a two point two billion dollar offer to 100 00:05:20,000 --> 00:05:24,280 Speaker 2: acquire its Australian joint venture partner Alumina. The deal would 101 00:05:24,320 --> 00:05:27,599 Speaker 2: give the US aluminum giant full control of Alcohol World 102 00:05:27,640 --> 00:05:30,839 Speaker 2: Alumina and Chemicals, one of the world's largest producers of 103 00:05:30,839 --> 00:05:33,279 Speaker 2: the semi processed form of that metal. 104 00:05:33,560 --> 00:05:36,919 Speaker 3: In Asia, Ant Group is said to have outbid Citadel 105 00:05:37,080 --> 00:05:40,839 Speaker 3: for Credit Suee's investment bank in China. Bloomberg Daybreak Asia 106 00:05:40,880 --> 00:05:43,440 Speaker 3: anchor Brian Curtis has the details from Hong Kong. 107 00:05:43,520 --> 00:05:47,159 Speaker 9: A big surprise. Sources say Ant made a stronger bid 108 00:05:47,200 --> 00:05:50,280 Speaker 9: than what Citadel offered back in December. The bid by 109 00:05:50,320 --> 00:05:53,400 Speaker 9: Ant to build a securities business using the Swiss Bank's 110 00:05:53,440 --> 00:05:57,200 Speaker 9: operations will face a serious review. In the past, China 111 00:05:57,240 --> 00:05:59,599 Speaker 9: said had favored a foreign buyer to open up the 112 00:05:59,640 --> 00:06:03,760 Speaker 9: sector to more foreign competition. UBS, which owns Credit Sueese, 113 00:06:04,080 --> 00:06:06,960 Speaker 9: we then have to decide, not knowing if regulators would 114 00:06:07,000 --> 00:06:10,640 Speaker 9: greenlight the local offer, and other players may enter the 115 00:06:10,680 --> 00:06:14,039 Speaker 9: fray as well. In On Kong, Brian Curtis, Bloomberg Radio. 116 00:06:14,440 --> 00:06:16,680 Speaker 2: All right, thanks Brian, and Bloomberg News has learned the 117 00:06:16,680 --> 00:06:20,200 Speaker 2: Walt Disney Company has signed a binding pack with Reliance 118 00:06:20,279 --> 00:06:24,160 Speaker 2: Industries to merge their media operations in India. Disney's been 119 00:06:24,200 --> 00:06:28,240 Speaker 2: grappling with challenges in India like retaining subscribers and securing 120 00:06:28,360 --> 00:06:32,120 Speaker 2: media assets. Together, the two companies will make a formidable 121 00:06:32,320 --> 00:06:36,800 Speaker 2: media behemoth in one of the world's fastest growing entertainment markets. 122 00:06:40,200 --> 00:06:41,440 Speaker 3: Now it's time to take a look at some of 123 00:06:41,480 --> 00:06:43,559 Speaker 3: the other stories making news in New York and around 124 00:06:43,600 --> 00:06:45,760 Speaker 3: the world, and for that we bring in Bloomberg's Michael Barer. 125 00:06:45,800 --> 00:06:48,640 Speaker 5: Good morning, Michael, Good morning, Nathan. New York Governor Cathy 126 00:06:48,680 --> 00:06:53,240 Speaker 5: hokals mandate that state moves to zero emission school buses 127 00:06:53,360 --> 00:06:56,800 Speaker 5: is getting pushed back by some state Senate Republicans and 128 00:06:56,920 --> 00:07:01,240 Speaker 5: local officials. They believe the entire transition scheduled for twenty 129 00:07:01,320 --> 00:07:05,520 Speaker 5: thirty five, is not affordable on its current timeline. State 130 00:07:05,560 --> 00:07:09,400 Speaker 5: Senator Stephen Rhodes spoke with other officials at gathering in 131 00:07:09,440 --> 00:07:10,760 Speaker 5: Elevittown yesterday. 132 00:07:11,240 --> 00:07:14,520 Speaker 10: Some of the reasons why we're here encouraging the governor, 133 00:07:14,920 --> 00:07:18,480 Speaker 10: encouraging the state legislature to pump the brakes on this 134 00:07:18,560 --> 00:07:22,560 Speaker 10: electric bus mandate until the technology catches up and. 135 00:07:22,600 --> 00:07:25,680 Speaker 11: Until we have an actual plan to be able to 136 00:07:25,760 --> 00:07:26,360 Speaker 11: implement this. 137 00:07:26,760 --> 00:07:29,160 Speaker 5: The measure, which passed in the twenty twenty two to 138 00:07:29,200 --> 00:07:32,640 Speaker 5: twenty three New York State budget, would also bar school 139 00:07:32,640 --> 00:07:36,320 Speaker 5: districts from purchasing diesel fueled buses. At the end of 140 00:07:36,400 --> 00:07:39,600 Speaker 5: June of twenty twenty seven, we're learning more details about 141 00:07:39,600 --> 00:07:41,760 Speaker 5: a deadly fire in New York City that left one 142 00:07:41,760 --> 00:07:46,280 Speaker 5: person dead and required firefighters to rescue trapped residents. The 143 00:07:46,320 --> 00:07:50,840 Speaker 5: two alarm blaze erupting in the Harlem neighborhood Friday also 144 00:07:51,000 --> 00:07:54,960 Speaker 5: left seventeen people hurt. Investigators in New York City a 145 00:07:55,000 --> 00:07:58,920 Speaker 5: lithium ion battery is to blame. Reaction continues after the 146 00:07:58,960 --> 00:08:02,880 Speaker 5: Alabama Supreme Court ort's decision that frozen embryos should be 147 00:08:02,960 --> 00:08:07,080 Speaker 5: considered people. The state's Republican governor now says she's working 148 00:08:07,120 --> 00:08:12,120 Speaker 5: on a solution with GOP lawmakers to protect IVF access 149 00:08:12,160 --> 00:08:15,240 Speaker 5: in the state. As of now, families in Alabama have 150 00:08:15,320 --> 00:08:18,720 Speaker 5: been left waiting as the implications of the court decision 151 00:08:18,760 --> 00:08:22,160 Speaker 5: of being felt across the country. Senator Tammy Duckworth of 152 00:08:22,200 --> 00:08:24,880 Speaker 5: Illinois is a past user of IVF. 153 00:08:25,320 --> 00:08:27,880 Speaker 11: In my case, when we have five fertilized eggs and 154 00:08:28,120 --> 00:08:30,800 Speaker 11: three were non viable when my doctor discarded those with 155 00:08:30,920 --> 00:08:36,160 Speaker 11: my consent, that woul could be considered potentially manslaughter or murder. Basically, 156 00:08:36,240 --> 00:08:39,800 Speaker 11: Republicans have put the rights of a fertilized egg over 157 00:08:39,840 --> 00:08:42,240 Speaker 11: the rights of the woman, and that is not something 158 00:08:42,240 --> 00:08:44,400 Speaker 11: that I think the American people agree with. 159 00:08:44,920 --> 00:08:49,040 Speaker 5: Senator Duckworth spoke on ABC's This Week Heard Sundays on Bloomberg. 160 00:08:49,600 --> 00:08:52,959 Speaker 5: There are more details on what killed beloved Flacco. The 161 00:08:53,080 --> 00:08:56,160 Speaker 5: owl mourners in New York are now leaving flowers and 162 00:08:56,280 --> 00:08:59,240 Speaker 5: letters for the Eurasian eagl aal at his favorite tree 163 00:08:59,280 --> 00:09:03,400 Speaker 5: in Central Park. Flacco's flight stardom again in February of 164 00:09:03,480 --> 00:09:06,240 Speaker 5: last year when someone broke into the Central Park Zoo 165 00:09:06,640 --> 00:09:10,439 Speaker 5: and freedom. He spent the last year out of captivity 166 00:09:10,720 --> 00:09:13,360 Speaker 5: and became part of the talk of not just New York, 167 00:09:13,440 --> 00:09:17,000 Speaker 5: but the nation's believe Flacco flew into the window of 168 00:09:17,040 --> 00:09:20,680 Speaker 5: a building and suffered fatal injuries Friday. Emily Einhorn is 169 00:09:20,720 --> 00:09:22,640 Speaker 5: with the Wild Bird Fund. 170 00:09:23,120 --> 00:09:27,080 Speaker 3: He suffered a double concussion, first from colliding with the 171 00:09:27,080 --> 00:09:31,400 Speaker 3: window and then he actually, unfortunately faceplanted onto the pavement. 172 00:09:31,640 --> 00:09:34,520 Speaker 5: One member of an animal rights group, Sat Flacco captured 173 00:09:34,520 --> 00:09:38,079 Speaker 5: the world's attention. Everybody was rooting for him. Global News 174 00:09:38,120 --> 00:09:40,240 Speaker 5: twenty four hours a day and whenever you want it 175 00:09:40,280 --> 00:09:41,160 Speaker 5: with Bloomberg News. 176 00:09:41,160 --> 00:09:41,280 Speaker 10: Now. 177 00:09:41,360 --> 00:09:43,080 Speaker 5: I'm Michael Barr. This is Bloomberg Nathan. 178 00:09:43,160 --> 00:09:50,439 Speaker 3: Okay, Michael, thank you time now for the Bloomberg Sports Update, 179 00:09:50,480 --> 00:09:52,960 Speaker 3: brought to you by Trice State OUTI. Here's John Stashau, 180 00:09:53,120 --> 00:09:53,640 Speaker 3: It's Nathan. 181 00:09:53,720 --> 00:09:55,960 Speaker 12: The Rangers lost to the Garden of Vegas back on 182 00:09:56,080 --> 00:10:00,720 Speaker 12: January twenty sixth. Family lost February twenty fifth, Columbus. In 183 00:10:00,760 --> 00:10:03,040 Speaker 12: between the play ten games and won all ten. The 184 00:10:03,160 --> 00:10:05,720 Speaker 12: wins Saturday in Philadelphia tied the club record for longest 185 00:10:05,720 --> 00:10:07,240 Speaker 12: win streak. But then they had to travel play a 186 00:10:07,280 --> 00:10:10,160 Speaker 12: game last night and the Blue Jackets scored three times 187 00:10:10,200 --> 00:10:12,680 Speaker 12: second period of one, four to two. Ranger coach Peter 188 00:10:12,800 --> 00:10:14,920 Speaker 12: Lobiolett asked about playing back to back. 189 00:10:15,280 --> 00:10:18,040 Speaker 13: We needed to win a game tonight. There's no there's 190 00:10:18,080 --> 00:10:20,760 Speaker 13: no excuses with the schedule, the schedules, the schedule. Everybody 191 00:10:20,760 --> 00:10:23,640 Speaker 13: catches back to the backs. We're expected to be able 192 00:10:23,679 --> 00:10:26,720 Speaker 13: to handle that and tonight it wasn't wasn't our best. 193 00:10:26,800 --> 00:10:29,880 Speaker 13: We'll learn from it. We played the same MEAs opponent 194 00:10:30,080 --> 00:10:33,400 Speaker 13: on the solo. We'll look to fix some things and 195 00:10:33,679 --> 00:10:34,560 Speaker 13: get back at it. 196 00:10:34,840 --> 00:10:37,960 Speaker 12: Majors and Blue Jackets play again Wednesday at MSG where 197 00:10:38,040 --> 00:10:41,839 Speaker 12: yesterday Saint John's upset fifteenth rank Creighton eighty to sixty six. 198 00:10:41,920 --> 00:10:44,959 Speaker 12: The same Creighton team that had just beaten Yukon, the 199 00:10:45,040 --> 00:10:47,280 Speaker 12: unanimous number one team in the nation by nineteen. The 200 00:10:47,320 --> 00:10:50,480 Speaker 12: same Saint John's team, then last Sunday blew a nineteen 201 00:10:50,520 --> 00:10:52,960 Speaker 12: point late to Seaton Hall, their eight loss in ten games. 202 00:10:52,960 --> 00:10:55,280 Speaker 12: That's the game that led our coach Rick Patino to 203 00:10:55,280 --> 00:10:59,000 Speaker 12: call the Saint John's players unathletic. Patino said then that 204 00:10:59,080 --> 00:11:02,320 Speaker 12: this was the most un enjoyable experience of his life. Yesterday, 205 00:11:02,360 --> 00:11:05,640 Speaker 12: Patino wore a white suit seemed to enjoy the win. NBA, 206 00:11:05,679 --> 00:11:08,280 Speaker 12: the Warriors lost to Denver. The Wizards lost to Cleveland 207 00:11:08,280 --> 00:11:11,760 Speaker 12: and Tampa. Juan Soto in Penstrive for the first time, 208 00:11:12,080 --> 00:11:14,800 Speaker 12: hit a three run opposite field, home or off the scoreboard. 209 00:11:14,840 --> 00:11:16,720 Speaker 12: Aaron Judge two hits at his two at bats. He 210 00:11:16,760 --> 00:11:20,359 Speaker 12: played center field and was then replaced by Top prospects 211 00:11:20,400 --> 00:11:23,240 Speaker 12: six foot six in Spencer Jones. He went two for two. 212 00:11:23,720 --> 00:11:26,520 Speaker 12: He went three for three on Saturday. That top free 213 00:11:26,520 --> 00:11:28,760 Speaker 12: agent that was still on side has his deal. Cody 214 00:11:28,800 --> 00:11:32,360 Speaker 12: Ballinger stayed with the Cubs three years eighty million NLMVP 215 00:11:32,480 --> 00:11:34,680 Speaker 12: for the Dodgers in twenty nineteen. He then had some 216 00:11:34,760 --> 00:11:37,920 Speaker 12: rough seasons, but last season in Chicago, Bellinger hit over 217 00:11:37,960 --> 00:11:38,520 Speaker 12: three hundred and. 218 00:11:38,480 --> 00:11:39,360 Speaker 5: Twenty six home runs. 219 00:11:39,440 --> 00:11:42,480 Speaker 12: Jake Knapp, twenty nine year old PGA Tour rookie, won 220 00:11:42,520 --> 00:11:46,000 Speaker 12: the golf in Mexico. He qualifies to play the upcoming Masters. 221 00:11:46,200 --> 00:11:48,640 Speaker 12: John stash Away En Broot Sports Sneathan. 222 00:11:48,480 --> 00:11:50,440 Speaker 3: Okay, John, thank you. Now let's get back to what's 223 00:11:50,440 --> 00:11:53,320 Speaker 3: happening in the nation's capital. The US is now a 224 00:11:53,320 --> 00:11:55,520 Speaker 3: little bit more than four days away from its next 225 00:11:55,559 --> 00:11:59,760 Speaker 3: partial shutdown deadline, and now President Biden is calling Congressional 226 00:11:59,800 --> 00:12:01,920 Speaker 3: leader to the White House tomorrow to try to head 227 00:12:01,920 --> 00:12:04,040 Speaker 3: that off and to free up more than sixty billion 228 00:12:04,080 --> 00:12:06,480 Speaker 3: dollars in eight to Ukraine that remains locked in a 229 00:12:06,559 --> 00:12:09,800 Speaker 3: border dispute on Capitol Hill. For that and more, that's 230 00:12:09,840 --> 00:12:12,520 Speaker 3: happening in Washington, d C. We're joined by Bloomberg, new 231 00:12:12,600 --> 00:12:16,079 Speaker 3: Senior Editor, Bill Ferries. So, Bill, it seems as though 232 00:12:16,080 --> 00:12:19,479 Speaker 3: the White House was hoping that the two year anniversary 233 00:12:19,520 --> 00:12:23,440 Speaker 3: of Russia's invasion and the death of dissident leader Alexi 234 00:12:23,520 --> 00:12:27,840 Speaker 3: Navalny would add some more momentum to the Ukraine Aid. 235 00:12:28,080 --> 00:12:31,000 Speaker 3: Is there any evidence that it has that now? 236 00:12:32,360 --> 00:12:35,560 Speaker 6: Well, not really. You know, this is this Ukraine Aid 237 00:12:35,640 --> 00:12:38,720 Speaker 6: is something that we've now been talking about since late 238 00:12:38,840 --> 00:12:42,840 Speaker 6: last fall. Really at one point the President was pushing 239 00:12:42,880 --> 00:12:45,280 Speaker 6: for it to be taken care of before the end 240 00:12:45,280 --> 00:12:48,440 Speaker 6: of year holidays, and here we are now heading into March, 241 00:12:48,559 --> 00:12:51,679 Speaker 6: and there's still no sign of a political breakthrough that 242 00:12:51,720 --> 00:12:55,839 Speaker 6: would free up the sixty billion dollars that Ukraine supporters 243 00:12:55,880 --> 00:13:01,520 Speaker 6: here and President Boltimore Zelenski say he needs by really 244 00:13:01,600 --> 00:13:04,480 Speaker 6: the within a month if he's going to keep fending 245 00:13:04,520 --> 00:13:09,600 Speaker 6: off these Russian offensives on this twelve hundred kilometer border 246 00:13:09,640 --> 00:13:13,679 Speaker 6: that he shares with Russia. Now, so it's it's a 247 00:13:13,720 --> 00:13:16,440 Speaker 6: pretty dire time. But as you mentioned, there's a lot 248 00:13:16,520 --> 00:13:21,040 Speaker 6: going on in Washington with the possible possible partial shutdown, 249 00:13:21,400 --> 00:13:23,559 Speaker 6: and it's not clear that this breakthrough will be able 250 00:13:23,600 --> 00:13:25,600 Speaker 6: to happen with all that going on. 251 00:13:26,080 --> 00:13:28,320 Speaker 3: Does that raise the risk then that we could see 252 00:13:28,320 --> 00:13:30,240 Speaker 3: a partial government shut down by the end of the 253 00:13:30,240 --> 00:13:31,959 Speaker 3: week if they don't come to some kind of agreement 254 00:13:32,000 --> 00:13:32,680 Speaker 3: on the foreign aid. 255 00:13:33,920 --> 00:13:34,160 Speaker 5: Yeah. 256 00:13:34,200 --> 00:13:37,080 Speaker 6: Absolutely, I think you know you've got this. It's you know, 257 00:13:37,400 --> 00:13:39,960 Speaker 6: let's say about half a dozen agencies that are involved 258 00:13:40,200 --> 00:13:42,440 Speaker 6: that would run out of funding this week, and then 259 00:13:42,559 --> 00:13:46,920 Speaker 6: additional a whole other slew of departments that would face 260 00:13:46,960 --> 00:13:50,400 Speaker 6: the same fate just a week from now. So those 261 00:13:50,440 --> 00:13:53,679 Speaker 6: talks have always been contentious. This is I think I'll 262 00:13:53,960 --> 00:13:55,959 Speaker 6: probably get this wrong, but it's at least the third 263 00:13:56,000 --> 00:14:01,880 Speaker 6: extension on the budget for these agencies, and with an 264 00:14:01,920 --> 00:14:04,880 Speaker 6: April deadline, a kind of a last minute deadline, there's 265 00:14:04,920 --> 00:14:08,560 Speaker 6: not a lot of time for people to find the 266 00:14:08,600 --> 00:14:10,200 Speaker 6: compromise that they need at this point. 267 00:14:10,559 --> 00:14:13,400 Speaker 3: That April thirtieth deadline, I believe, is when automatic cuts 268 00:14:13,520 --> 00:14:16,400 Speaker 3: kick in. So time, as they say, is of the 269 00:14:16,559 --> 00:14:21,080 Speaker 3: essence in the meantime bill. We're watching and waiting for 270 00:14:21,360 --> 00:14:25,480 Speaker 3: Israel to potentially carry out this offensive against the last 271 00:14:25,480 --> 00:14:29,080 Speaker 3: Hamas battalions in the southern city of Rafa. We've heard 272 00:14:29,160 --> 00:14:32,400 Speaker 3: Prime Minister Nintayaho promised that he's going to have a 273 00:14:32,440 --> 00:14:34,680 Speaker 3: plan to get civilians out of the way have we 274 00:14:34,720 --> 00:14:38,040 Speaker 3: gotten any further signs that that plan is actually going 275 00:14:38,120 --> 00:14:39,200 Speaker 3: to be put into fruition. 276 00:14:40,240 --> 00:14:44,640 Speaker 6: Well as of yesterday on Sunday, the Biden administration said 277 00:14:44,640 --> 00:14:47,360 Speaker 6: that they still hadn't seen any details of what that 278 00:14:47,440 --> 00:14:51,040 Speaker 6: plan would be in terms of evacuating or moving more 279 00:14:51,080 --> 00:14:54,800 Speaker 6: than a million Palestinians out of Rafa ahead of that offensive. 280 00:14:55,440 --> 00:14:59,760 Speaker 6: There's still some optimism that talks and Paris might produce 281 00:14:59,800 --> 00:15:03,760 Speaker 6: some kind of a temporary cease fire, but President or 282 00:15:04,080 --> 00:15:07,480 Speaker 6: Prime Minister Nenyaho has made clear he intends to send 283 00:15:07,520 --> 00:15:11,920 Speaker 6: his forces into Rafa either before or after that ceasefire 284 00:15:11,960 --> 00:15:15,240 Speaker 6: has reached. He said it's a critical part of destroying 285 00:15:15,240 --> 00:15:19,400 Speaker 6: Hamas and insuring peace, and whether it happens before or afterwards, 286 00:15:19,440 --> 00:15:20,240 Speaker 6: it's going to happen. 287 00:15:20,880 --> 00:15:23,080 Speaker 3: And just to close things out. With a lot of 288 00:15:23,080 --> 00:15:27,320 Speaker 3: developments now in the presidential race, we've heard the Coke 289 00:15:27,440 --> 00:15:30,360 Speaker 3: Network Americans for Prosperity Action now saying they're going to 290 00:15:30,440 --> 00:15:34,400 Speaker 3: divert their resources from supporting Nikki Haley to down ballot races, 291 00:15:34,440 --> 00:15:38,360 Speaker 3: and now multiple reports that Ronald McDaniel, the chair of 292 00:15:38,400 --> 00:15:41,720 Speaker 3: the Republican National Committee, is making plans to step down 293 00:15:41,720 --> 00:15:45,360 Speaker 3: a couple days after Super Tuesday, it seems as though 294 00:15:45,360 --> 00:15:49,800 Speaker 3: there's even more consolidation around a former President Trump's candidacy. 295 00:15:50,760 --> 00:15:50,960 Speaker 5: Yeah. 296 00:15:51,000 --> 00:15:54,560 Speaker 6: I think after the South Carolina primary, the stars are 297 00:15:55,120 --> 00:15:59,280 Speaker 6: increasingly aligning for Donald Trump to be the de facto nominee. 298 00:16:00,120 --> 00:16:03,240 Speaker 6: You know, it was a big defeat for Haley in 299 00:16:03,280 --> 00:16:06,520 Speaker 6: her home state, and there's really been no polling that 300 00:16:06,880 --> 00:16:10,120 Speaker 6: suggests the results will be any different on Super Tuesday. 301 00:16:10,360 --> 00:16:13,040 Speaker 6: There's still time. She does still have donors with her, 302 00:16:13,120 --> 00:16:16,800 Speaker 6: she still has some money, but the odds are getting 303 00:16:17,240 --> 00:16:19,840 Speaker 6: appearing longer and longer for her to have any kind 304 00:16:19,880 --> 00:16:23,040 Speaker 6: of an upset that she can claim to help justify 305 00:16:23,120 --> 00:16:24,760 Speaker 6: staying in the race even longer. 306 00:16:27,160 --> 00:16:30,080 Speaker 1: This is Bloomberg day Break Today, your morning brief on 307 00:16:30,120 --> 00:16:33,680 Speaker 1: the story's making news from Wall Street to Washington and beyond. 308 00:16:33,880 --> 00:16:36,880 Speaker 2: Look for us on your podcast feed by six am 309 00:16:37,000 --> 00:16:41,200 Speaker 2: Eastern each morning on Apple, Spotify, and anywhere else you 310 00:16:41,240 --> 00:16:42,360 Speaker 2: get your podcasts. 311 00:16:42,600 --> 00:16:45,320 Speaker 1: You can also listen live each morning starting at five 312 00:16:45,360 --> 00:16:48,000 Speaker 1: am Wall Street time on Bloomberg eleven three to zero 313 00:16:48,000 --> 00:16:50,880 Speaker 1: in New York, Bloomberg ninety nine to one in Washington, 314 00:16:50,960 --> 00:16:54,160 Speaker 1: Bloomberg one six to one in Boston, and Bloomberg ninety 315 00:16:54,200 --> 00:16:55,560 Speaker 1: sixty in San Francisco. 316 00:16:55,760 --> 00:16:59,280 Speaker 2: Our flagship New York station is also available on your 317 00:16:59,360 --> 00:17:04,840 Speaker 2: Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. 318 00:17:04,960 --> 00:17:08,359 Speaker 1: Listen coast to coast on the Bloomberg Business app, Sirius XM, 319 00:17:08,480 --> 00:17:12,760 Speaker 1: the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager. 320 00:17:12,640 --> 00:17:16,159 Speaker 2: And I'm Maybe Morris. Join us again tomorrow morning for 321 00:17:16,359 --> 00:17:19,040 Speaker 2: all the news you need to start your day right 322 00:17:19,080 --> 00:17:20,760 Speaker 2: here on Bloomberg Daybreak