1 00:00:00,840 --> 00:00:04,160 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,160 --> 00:00:08,280 Speaker 1: mid Coleggy. Savannah Guthrie told the potential kidnappers of her mother, 3 00:00:08,440 --> 00:00:11,200 Speaker 1: Nancy on Saturday that the family is prepared to pay 4 00:00:11,240 --> 00:00:14,280 Speaker 1: for her safe return, as the frantic search for the 5 00:00:14,360 --> 00:00:17,840 Speaker 1: eighty four year old Arizona resident has entered a seventh day. 6 00:00:18,239 --> 00:00:21,200 Speaker 2: We beg you now to return our mother to us 7 00:00:21,280 --> 00:00:23,440 Speaker 2: so that we can celebrate with her. This is the 8 00:00:23,480 --> 00:00:26,440 Speaker 2: only way we will have peace. This is very valuable 9 00:00:26,480 --> 00:00:28,639 Speaker 2: to us, and we will pay. 10 00:00:29,160 --> 00:00:31,840 Speaker 1: Guthrie was referencing a message that was sent to the 11 00:00:31,840 --> 00:00:36,840 Speaker 1: Tucson based television station KOLD on Friday afternoon. KOLD said 12 00:00:36,840 --> 00:00:39,720 Speaker 1: it received an email related to the Guthrie case on 13 00:00:39,760 --> 00:00:43,400 Speaker 1: social media Friday, but declined to share specific details about 14 00:00:43,440 --> 00:00:47,840 Speaker 1: its contents as the FBI conducted its review. President Trump 15 00:00:47,880 --> 00:00:51,840 Speaker 1: is backing a big broadcast merger. Bloomberg's Monica Ricks reports. 16 00:00:52,080 --> 00:00:55,200 Speaker 3: President Trump says he supports Next Star three point five 17 00:00:55,240 --> 00:00:57,920 Speaker 3: billion dollar bid to buy Techna because it'd be good 18 00:00:57,920 --> 00:01:01,120 Speaker 3: for competition. He posted about the post merger on True 19 00:01:01,160 --> 00:01:04,160 Speaker 3: social The deal would still need approval by the FCC, 20 00:01:04,400 --> 00:01:06,280 Speaker 3: but it's set to be discussed at a Senate hearing 21 00:01:06,319 --> 00:01:10,080 Speaker 3: on Tuesday about easing the thirty nine percent US ownership 22 00:01:10,160 --> 00:01:13,959 Speaker 3: cap on TV stations. Trump's nod, though, means Republican senators 23 00:01:13,959 --> 00:01:16,560 Speaker 3: are more likely to vote for that cap to be removed, 24 00:01:16,800 --> 00:01:19,039 Speaker 3: and it would need to be Nexstar has said the 25 00:01:19,080 --> 00:01:23,640 Speaker 3: combined entity would reach eighty percent of US households. Monica Rix, 26 00:01:23,840 --> 00:01:25,320 Speaker 3: Bloomberg Radio is retly. 27 00:01:25,360 --> 00:01:28,520 Speaker 1: Prime Minister Benjamin D'ataiyahu said he will discuss the US 28 00:01:28,520 --> 00:01:32,040 Speaker 1: Iran negotiations with President Trump in person next week. The 29 00:01:32,120 --> 00:01:35,360 Speaker 1: leader's February eleventh meeting in Washington will follow the launch 30 00:01:35,360 --> 00:01:38,759 Speaker 1: of indirect talks between Trump's envoys and the Iranian foreign 31 00:01:38,800 --> 00:01:42,039 Speaker 1: minister in Oman, which the US Administration said were focused 32 00:01:42,319 --> 00:01:46,880 Speaker 1: on capping Tehran's nuclear program. Israel, with US reinforcement, bombed 33 00:01:46,880 --> 00:01:49,240 Speaker 1: Irani and nuclear sites during a twelve day war in 34 00:01:49,320 --> 00:01:52,360 Speaker 1: June and favors further action to deny its arch foe 35 00:01:52,400 --> 00:01:55,880 Speaker 1: the means to threaten its existence. Trump spoke with reporters 36 00:01:55,920 --> 00:01:58,200 Speaker 1: on Air Force one Friday evening. 37 00:01:58,200 --> 00:02:01,000 Speaker 4: One thing right up front, nuclear weapons. 38 00:02:02,520 --> 00:02:04,480 Speaker 1: If we could have made that deal two years ago, 39 00:02:04,520 --> 00:02:06,640 Speaker 1: we would have made that deal, but they weren't willing 40 00:02:06,680 --> 00:02:07,880 Speaker 1: to do that now they are. 41 00:02:07,840 --> 00:02:08,600 Speaker 4: Willing to do it. 42 00:02:09,040 --> 00:02:12,280 Speaker 1: Israel sees the current diplomacy, launched after Trump threatened Iran's 43 00:02:12,320 --> 00:02:15,640 Speaker 1: leaders over their bloody crackdown on domestic protests, as a 44 00:02:15,720 --> 00:02:20,600 Speaker 1: chance for more sweeping countermeasures and even regime change. Ukraine's 45 00:02:20,600 --> 00:02:24,280 Speaker 1: President Vladimir Zelenski says the US is proposing to finish 46 00:02:24,320 --> 00:02:28,519 Speaker 1: all necessary negotiations to end Russia's invasion of Ukraine. In June, 47 00:02:28,880 --> 00:02:31,519 Speaker 1: Selenski said that the next round of peace talks aimed 48 00:02:31,520 --> 00:02:34,119 Speaker 1: at ending Russia's four year invasion may happen in about 49 00:02:34,160 --> 00:02:38,200 Speaker 1: a week, amid another proposed energy truce. Selenski says the 50 00:02:38,280 --> 00:02:42,640 Speaker 1: Ukrainian team has already accepted the invitation. The US plans 51 00:02:42,680 --> 00:02:45,519 Speaker 1: to convene the first formal meeting of President Trump's Board 52 00:02:45,560 --> 00:02:48,919 Speaker 1: of Peace in Washington on February nineteenth. The Board was 53 00:02:48,960 --> 00:02:51,519 Speaker 1: a core element of Trump's twenty point plan that helped 54 00:02:51,520 --> 00:02:54,799 Speaker 1: broker a ceasefire in the war between Israel and Hamas 55 00:02:54,880 --> 00:02:58,200 Speaker 1: in October. Trump led the initial gathering of the group's 56 00:02:58,200 --> 00:03:02,920 Speaker 1: members about twenty nations, including Belarus, Azerbaijan, and Hungary, in Davos, 57 00:03:02,960 --> 00:03:07,440 Speaker 1: Switzerland in January, on the sidelines of the World Economic Forum. Initially, 58 00:03:07,480 --> 00:03:10,480 Speaker 1: the White House described it as a narrow oversight body 59 00:03:10,720 --> 00:03:14,160 Speaker 1: to help guide Gaza through disarmament and a technocratic transition, 60 00:03:14,480 --> 00:03:17,240 Speaker 1: and it won UN support along with a broader peace process. 61 00:03:17,240 --> 00:03:21,239 Speaker 1: In November, however, US allies in Europe, leaders of international 62 00:03:21,320 --> 00:03:25,400 Speaker 1: organizations and experts expressed confusion about the Board's true intent 63 00:03:25,480 --> 00:03:29,040 Speaker 1: as it outlines have taken shape. HIMS and Hers Health 64 00:03:29,080 --> 00:03:31,480 Speaker 1: says it will stop selling its knockoff weight loss pill 65 00:03:31,600 --> 00:03:35,080 Speaker 1: just days after initially offering it, following an announcement by 66 00:03:35,120 --> 00:03:38,360 Speaker 1: federal regulators that they were launching an investigation into the 67 00:03:38,440 --> 00:03:42,120 Speaker 1: telehealth company. On February sixth, the Food and Drug Administration 68 00:03:42,280 --> 00:03:44,880 Speaker 1: said it would crack down on copycat weight loss drugs 69 00:03:44,920 --> 00:03:47,800 Speaker 1: like those marketed by Hymns. The company, heads at Thursday 70 00:03:47,880 --> 00:03:50,880 Speaker 1: would sell a cheaper version of Novo Nordisk's new Agobe 71 00:03:50,960 --> 00:03:55,200 Speaker 1: weight loss pill. More than nine hundred employees at Alphabet's 72 00:03:55,200 --> 00:03:57,760 Speaker 1: Google have signed a petition demanding that the company severed 73 00:03:57,760 --> 00:04:00,520 Speaker 1: ties with the US Department of Homelands Accurity in the 74 00:04:00,520 --> 00:04:04,200 Speaker 1: wake of the Trump administration's mass deportation efforts. The petition 75 00:04:04,320 --> 00:04:07,960 Speaker 1: sites Google contracts with Immigration and Customs enforcement and Customs 76 00:04:07,960 --> 00:04:11,119 Speaker 1: and Border Protection, the two DHS agencies that have led 77 00:04:11,120 --> 00:04:14,640 Speaker 1: the deportation effort. Fatal shootings of two US citizens in 78 00:04:14,640 --> 00:04:18,560 Speaker 1: Minneapolis in recent weeks have accelerated opposition to the administration's 79 00:04:18,600 --> 00:04:22,960 Speaker 1: push to deport undocumented immigrants. Wall Street wrapped up a 80 00:04:23,080 --> 00:04:25,840 Speaker 1: down week with a powerful Friday surge. We get more 81 00:04:25,839 --> 00:04:27,920 Speaker 1: from Bloomberg's Charlie Pellett. 82 00:04:27,600 --> 00:04:31,039 Speaker 4: First close ever for the Dow Jones Industrial Average above 83 00:04:31,360 --> 00:04:34,400 Speaker 4: fifty thousand. It was the biggest advance for the S 84 00:04:34,440 --> 00:04:37,640 Speaker 4: and P five hundred index since May, But on the week, 85 00:04:37,920 --> 00:04:41,640 Speaker 4: the SMP dropped one tenth of one percent. A renewed 86 00:04:41,680 --> 00:04:44,279 Speaker 4: wave of dip buying lifted stocks in the wake of 87 00:04:44,320 --> 00:04:47,960 Speaker 4: a tech route Thursday, fueled by worries over the billions 88 00:04:47,960 --> 00:04:52,440 Speaker 4: of dollars those firms are throwing at artificial intelligence development. 89 00:04:52,800 --> 00:04:58,080 Speaker 4: Bitcoin rebounded, gold and silver jumped after Thursday's decline. On 90 00:04:58,160 --> 00:05:00,640 Speaker 4: the week, down industrials up to and an half percent. 91 00:05:00,800 --> 00:05:03,599 Speaker 4: Net stack down for a fourth week, down one point 92 00:05:03,600 --> 00:05:07,160 Speaker 4: eight percent in New York. Charlie Pellock Bloomberg Radio. 93 00:05:07,040 --> 00:05:10,080 Speaker 1: Wells Fargo's break up with Built took another chaotic turn 94 00:05:10,120 --> 00:05:12,640 Speaker 1: this week when the startups customers who opted to close 95 00:05:12,680 --> 00:05:15,440 Speaker 1: their bank accounts were surprised to receive credit cards anyway. 96 00:05:15,760 --> 00:05:19,360 Speaker 1: Wells Fargo officially rids itself of its money, losing partnership 97 00:05:19,360 --> 00:05:22,640 Speaker 1: with Built on Saturday after nearly four years. Built, which 98 00:05:22,720 --> 00:05:26,039 Speaker 1: launched a set of revamped offerings with new partners last month, 99 00:05:26,400 --> 00:05:29,160 Speaker 1: had told nearly one million card holders to pick one 100 00:05:29,200 --> 00:05:32,159 Speaker 1: by February first or automatically get a Wells Fargo card. 101 00:05:32,560 --> 00:05:35,040 Speaker 1: Then scores of customers who opted to close their Wells 102 00:05:35,080 --> 00:05:38,039 Speaker 1: Fargo accounts started getting the bank's autograph card of the mail. 103 00:05:38,480 --> 00:05:41,920 Speaker 1: Social media forums buzzed this week with surprised users. As 104 00:05:41,960 --> 00:05:45,000 Speaker 1: one wrote, asked Built to cancel my autograph card, don't 105 00:05:45,000 --> 00:05:48,200 Speaker 1: really need it. Fast forward today both cards got delivered. 106 00:05:48,360 --> 00:05:51,159 Speaker 1: Japanese voters head to the polls Sunday to deliver a 107 00:05:51,240 --> 00:05:55,320 Speaker 1: verdict on Prime Minister Sine Takaichi's government as she seeks 108 00:05:55,320 --> 00:05:57,279 Speaker 1: to sure up her grip on power and gain a 109 00:05:57,360 --> 00:06:01,080 Speaker 1: clear mandate for spending and investment plans that have unsettled 110 00:06:01,120 --> 00:06:04,839 Speaker 1: some investors. Takeichi has staked her job on the outcome 111 00:06:04,880 --> 00:06:07,280 Speaker 1: of the election, saying she will step down if her 112 00:06:07,320 --> 00:06:10,120 Speaker 1: ruling coalition fails to win a majority in the more 113 00:06:10,200 --> 00:06:13,320 Speaker 1: powerful lower house she currently holds, or raise her with 114 00:06:13,320 --> 00:06:15,719 Speaker 1: thin majority of two thirty three out of the four 115 00:06:15,800 --> 00:06:19,200 Speaker 1: sixty five seats in the Chamber. And checking the medal 116 00:06:19,279 --> 00:06:23,080 Speaker 1: count for the Winter Olympics right now, Italy, Japan, Norway 117 00:06:23,200 --> 00:06:26,360 Speaker 1: each have three medals and each nation has a gold, 118 00:06:26,520 --> 00:06:29,720 Speaker 1: a silver, and a bronze. That's news when you want 119 00:06:29,720 --> 00:06:32,520 Speaker 1: it with Bloomberg News. Now, I made Koleggi. 120 00:06:33,040 --> 00:06:34,680 Speaker 2: This is Bloomberg