1
00:00:00,880 --> 00:00:05,040
Speaker 1: News when you wanted with Bloomberg News Now, I made KLEGGI.

2
00:00:05,400 --> 00:00:08,360
Speaker 1: A medical transport jet with a child patient, her mother,

3
00:00:08,440 --> 00:00:12,320
Speaker 1: and four others aboard, crashed into a Philadelphia neighborhood shortly

4
00:00:12,400 --> 00:00:16,160
Speaker 1: after takeoff Friday evening, exploding in a fireball that engulfed

5
00:00:16,200 --> 00:00:19,520
Speaker 1: several homes. All six people to board were from Mexico.

6
00:00:19,600 --> 00:00:22,439
Speaker 1: The child had been treated in Philadelphia for a life

7
00:00:22,480 --> 00:00:25,959
Speaker 1: threatening condition and was being transported home to Mexico. This

8
00:00:26,040 --> 00:00:30,120
Speaker 1: according to Shy Gold, Jet Rescue air Ambulance spokesperson, the

9
00:00:30,120 --> 00:00:33,840
Speaker 1: flight's final destination was Tijuana after a stop in Missouri.

10
00:00:33,960 --> 00:00:36,239
Speaker 1: The patient and her mother were on board, along with

11
00:00:36,320 --> 00:00:39,720
Speaker 1: four crew members. Gold said this was a seasoned crew

12
00:00:40,000 --> 00:00:43,680
Speaker 1: and that everyone involved in these flights goes through rigorous training.

13
00:00:43,960 --> 00:00:47,159
Speaker 1: Pennsylvania Governor Josh Shapiro said at a news conference late

14
00:00:47,200 --> 00:00:51,519
Speaker 1: Friday that officials expect fatalities in this awful aviation disaster.

15
00:00:51,920 --> 00:00:56,200
Speaker 1: A Philadelphia resident who identified himself as Jay, tells reporters

16
00:00:56,200 --> 00:00:57,440
Speaker 1: what he saw base.

17
00:00:57,520 --> 00:00:58,920
Speaker 2: I heard a loud roar.

18
00:01:00,440 --> 00:01:01,640
Speaker 1: That's all firebomb sky.

19
00:01:02,040 --> 00:01:04,080
Speaker 2: It was nose diving and.

20
00:01:06,000 --> 00:01:09,840
Speaker 1: Blew up right on block. Philadelphia Mayor Cherrell Parker asked

21
00:01:09,840 --> 00:01:12,120
Speaker 1: people to stay away from the scene.

22
00:01:12,160 --> 00:01:18,000
Speaker 3: Several dwellings and vehicles were impacted. So what are we

23
00:01:18,120 --> 00:01:21,559
Speaker 3: asking you to do for us right now, Philadelphia? We're

24
00:01:21,760 --> 00:01:26,040
Speaker 3: urging you to please stay away from the scene.

25
00:01:26,160 --> 00:01:29,600
Speaker 1: The plane was registered in Mexico. Jet Rescue is based

26
00:01:29,640 --> 00:01:33,160
Speaker 1: in Mexico and has operations both there and in the US.

27
00:01:33,520 --> 00:01:36,160
Speaker 1: The White House says President Donald Trump intends to move

28
00:01:36,240 --> 00:01:39,039
Speaker 1: ahead with plans on Saturday to impose twenty five percent

29
00:01:39,080 --> 00:01:42,040
Speaker 1: tariffs on Mexico and Canada at a ten percent levy

30
00:01:42,080 --> 00:01:44,639
Speaker 1: on China, denying a report that he planned to delay

31
00:01:44,680 --> 00:01:48,360
Speaker 1: the implementation by a month. Press Secretary Caroline Levitt made

32
00:01:48,400 --> 00:01:50,720
Speaker 1: the announcement at a Friday afternoon press.

33
00:01:50,480 --> 00:01:53,920
Speaker 2: Briefing the February first deadline that President Trump put into

34
00:01:53,920 --> 00:01:57,320
Speaker 2: place that a statement several weeks ago continues, the President

35
00:01:57,320 --> 00:02:01,720
Speaker 2: will be implementing tomorrow a twenty five tariffs on Mexico,

36
00:02:02,080 --> 00:02:05,800
Speaker 2: twenty five percent tariffs on Canada, and a ten percent

37
00:02:05,960 --> 00:02:09,240
Speaker 2: tariff on China for the illegal fetanol that they have

38
00:02:09,400 --> 00:02:12,880
Speaker 2: sourced and allowed to distribute into our country, which has

39
00:02:12,960 --> 00:02:15,399
Speaker 2: killed tens of millions of Americans.

40
00:02:15,480 --> 00:02:18,560
Speaker 1: The tariff decision has been closely anticipated by markets in

41
00:02:18,600 --> 00:02:22,240
Speaker 1: business and political leaders who have scrutinized Trump's every word

42
00:02:22,280 --> 00:02:24,760
Speaker 1: in action for any indication on whether he would follow

43
00:02:24,800 --> 00:02:27,240
Speaker 1: through on his threats or merely use them as a

44
00:02:27,280 --> 00:02:30,760
Speaker 1: starting point for trade negotiations. President Trump then said he

45
00:02:30,760 --> 00:02:33,160
Speaker 1: would impose tariffs on a wide range of imports in

46
00:02:33,200 --> 00:02:37,880
Speaker 1: the coming months, including on steel, aluminum, oil, and gas, pharmaceuticals,

47
00:02:37,880 --> 00:02:41,120
Speaker 1: as well as semiconductors, ramping up his threats to hit

48
00:02:41,160 --> 00:02:44,480
Speaker 1: training partners with new levies. It remarks Friday from the

49
00:02:44,520 --> 00:02:47,760
Speaker 1: Oval Office, where he was signing an executive order on degregulation.

50
00:02:48,040 --> 00:02:50,480
Speaker 1: The President also said that the US would be doing

51
00:02:50,520 --> 00:02:55,320
Speaker 1: something very substantial with tariffs targeting the European Union. A

52
00:02:55,360 --> 00:02:58,240
Speaker 1: broad swath of senior leaders and FBI agents left the

53
00:02:58,240 --> 00:03:01,240
Speaker 1: agency Friday, marking one of the biggest shakeups in years

54
00:03:01,520 --> 00:03:05,400
Speaker 1: at the pre eminent US law enforcement agency. Senior FBI

55
00:03:05,480 --> 00:03:08,800
Speaker 1: officials based in Washington who oversee agency branches, and top

56
00:03:08,800 --> 00:03:12,960
Speaker 1: agents leading field offices across the country were leaving their jobs. This,

57
00:03:13,040 --> 00:03:15,920
Speaker 1: according to people familiar with the moves. Some leaders were

58
00:03:15,960 --> 00:03:19,040
Speaker 1: pressured to leave the agency, with some choosing to retire,

59
00:03:19,080 --> 00:03:22,560
Speaker 1: while others resisted in face being fired. Among the departures

60
00:03:22,600 --> 00:03:25,679
Speaker 1: are two senior officials in Miami and Washington during part

61
00:03:25,680 --> 00:03:29,280
Speaker 1: of the investigations into President Donald Trump's conduct during his

62
00:03:29,440 --> 00:03:33,720
Speaker 1: twenty twenty election loss. Investigators are seeking clues into this

63
00:03:33,800 --> 00:03:37,720
Speaker 1: week's deadly mid air collision, the deadliest aviation disaster in

64
00:03:37,760 --> 00:03:40,800
Speaker 1: the US in almost a quarter century. The collision between

65
00:03:40,840 --> 00:03:44,240
Speaker 1: an American Airlines passenger jet and an army helicopter at

66
00:03:44,320 --> 00:03:48,240
Speaker 1: Ronald Reagan Washington National Airport near Washington late Wednesday killed

67
00:03:48,240 --> 00:03:51,800
Speaker 1: sixty seven people, including more than a dozen figure skaters.

68
00:03:52,160 --> 00:03:55,520
Speaker 1: More than forty bodies have been recovered. National Transportation Safety

69
00:03:55,520 --> 00:03:58,280
Speaker 1: Board member Todd Inman says there are now over one

70
00:03:58,360 --> 00:04:01,840
Speaker 1: hundred family members in the area receiving briefings and assistance.

71
00:04:02,200 --> 00:04:05,040
Speaker 1: And men said they are working on two distinct debris

72
00:04:05,200 --> 00:04:08,080
Speaker 1: areas and the cranes will be moved into place Saturday

73
00:04:08,120 --> 00:04:12,120
Speaker 1: to begin a larger recovery process. After two rounds of

74
00:04:12,120 --> 00:04:14,920
Speaker 1: the AT and t Pebble Beach pro am Seth Struka,

75
00:04:15,040 --> 00:04:18,200
Speaker 1: who shot seven under on Friday, heads into Saturday's third

76
00:04:18,279 --> 00:04:22,240
Speaker 1: round with a three shot lead. Whatever AI Sputnik moment

77
00:04:22,320 --> 00:04:25,400
Speaker 1: ultimately means for stocks, the boost to labor productivity may

78
00:04:25,400 --> 00:04:28,760
Speaker 1: come sooner than expected. Goldman knows deep seek effects the

79
00:04:28,800 --> 00:04:30,760
Speaker 1: future of work. You can read all about it in

80
00:04:30,800 --> 00:04:34,400
Speaker 1: Bloomberg's weekend edition, exploring the places where finance, life and

81
00:04:34,440 --> 00:04:37,719
Speaker 1: culture meet on bloomberg dot com and the Bloomberg Business App.

82
00:04:38,240 --> 00:04:41,360
Speaker 1: The daw Fell three thirty seven, nastak Shed fifty four,

83
00:04:41,600 --> 00:04:44,159
Speaker 1: The S and P Loss thirty. That's news when you

84
00:04:44,240 --> 00:04:47,400
Speaker 1: want it with Bloomberg News Now. I'm Mad Kleggi, and

85
00:04:47,560 --> 00:04:48,600
Speaker 1: this is Bloomberg