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Speaker 1: News when you want it with Bloomberg News Now I'm

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Speaker 1: made Kalki and up Friday. But a down week with

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Speaker 1: the Nasdaq one hundred briefly breaching the threshold of a correction.

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Speaker 1: We get more from Bloomberg's Charlie Pellett.

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Speaker 2: It came as investors continued to sour on the megacapp

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Speaker 2: tech stocks that led the market rally over the past

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Speaker 2: two years. It was a whirlwind week for markets, as

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Speaker 2: Tariff said a fever pitch, sending the S and P

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Speaker 2: five hundred into a tailspin that briefly drove it below

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Speaker 2: a closely watched technical level, its two hundred day moving average.

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Speaker 2: While the gauge saw a late day rebound, it still

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Speaker 2: ended with its worst weekly sell off since September. On

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Speaker 2: the week, the S and P five hundred was down

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Speaker 2: three point one percent in New York Charlie Pellett Bloomberg Radio.

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Speaker 1: President Trump said he may soon implement reciprocal tariffs on

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Speaker 1: Canadian lumber and dairy products, threatening again to disrupt trade

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Speaker 1: with a major US partner and reigniting a fight over

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Speaker 1: two industries that have longed be the center of cross

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Speaker 1: border disputes.

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Speaker 3: Canada has been ripping us off for years on tariffs

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Speaker 3: for lumber and for dairy products two hundred and fifty percent.

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Speaker 3: Nobody ever talks about that two hundred and fifty percent tariff,

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Speaker 3: which has taken advantage of our farmers. So that's not

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Speaker 3: going to happen anymore.

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Speaker 1: Trump's comments capp a tumultuous week that saw him impose

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Speaker 1: twenty five percent tariffs on the largest US trading partners,

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Speaker 1: Mexico and Canada, and double levies against the world's second

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Speaker 1: largest economy, China to twenty percent. The Department of Homeland

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Speaker 1: Security said Friday that it is ending the collective bargaining

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Speaker 1: agreement with the tens of thousands of frontline employees at

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Speaker 1: the Transportation Safety Administration, marking a major effort to dismantle

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Speaker 1: union protections under the Trump administration. The TSA union called

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Speaker 1: it an unprovoked attack and vowed to fight it. Officials

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Speaker 1: said that poor performers were being allowed to stay on

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Speaker 1: the job and that the agreement was hindering the ability

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Speaker 1: of the organization to safeguard our transportation systems and keep

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Speaker 1: Americans safe. A former US Solicitor general brought into help

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Speaker 1: a federal judge decide whether to accept a Justice Department

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Speaker 1: request to drop corruption charges against New York City Mayor

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Speaker 1: Eric Adams recommended Freddie that the charges be dropped, but

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Speaker 1: that the government not be allowed to refile them at

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Speaker 1: a later date. Judge Dale E. Ho in Manhattan appointed

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Speaker 1: Paul Clement to a Solicitor General under President George W.

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Speaker 1: Bush two weeks ago to present arguments on the government's request.

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Speaker 1: In a written submission, Clement told Hoe that there was

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Speaker 1: ample reason to dismiss the prosecution without allowing the Justice

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Speaker 1: Department to refile them after this year's mayoral election. Russia

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Speaker 1: is ready to discuss a temporary truce in Ukraine as

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Speaker 1: long as there is progress to a final peace steal.

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Speaker 1: That is what sources are telling Bloomberg News, and we

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Speaker 1: get more from Bloomberg's Kelly Lines in Washington.

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Speaker 4: This is something that Russia apparently presented to the US

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Speaker 4: at talks in Saudi Arabia that happened last month, a

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Speaker 4: suggestion that yes, they are willing to agree to a

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Speaker 4: temporary truce provided that there is an effort toward a

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Speaker 4: peace deal that Russia likes. Specifically, what Russia has asty

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Speaker 4: United States is clear guidance on what the parameters of

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Speaker 4: peace would look like, specifically, what a peacekeeping mission in

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Speaker 4: Ukraine would constitute, as Russia has rejected the presence of

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Speaker 4: NATO troops on Ukrainian.

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Speaker 1: Soil Bloomberg's Kaylee lines, and this comes ahead of talks

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Speaker 1: between US and Ukrainian officials in Saudi Arabia next week.

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Speaker 1: Authorities have revealed actor Gene Heckman's cause of death.

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Speaker 5: The cause of death for mister Gene Hackman, aged ninety

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Speaker 5: five years is hypertensive and atherosclerotic cardiovascular disease, with Alzheimer's

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Speaker 5: disease as a significant contributory factor.

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Speaker 1: That's Chief Medical Examiner doctor Heather Jarrell making the announcement Friday.

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Speaker 1: She also revealed the cause of death of Hackman's wife,

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Speaker 1: Betsy Arkalla.

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Speaker 5: The cause of death for Miss Betsy Hakman, aged sixty

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Speaker 5: five years is hantavirus pulmonary syndrome.

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Speaker 1: Haunt of virus is a rare but potentially fatal disease

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Speaker 1: spread by infected rodent droppings. Apple's Turmoil and its a

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Speaker 1: My division reached new heights Friday, with the company delaying

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Speaker 1: promised updates to the Serie Digital Assistant for the foreseeable future.

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Speaker 1: Apple said features introduced last June, including series ability to

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Speaker 1: tap into a user's personal information to answer queries and

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Speaker 1: have more precise control over w apps, will now be

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Speaker 1: released sometime at the coming year. The iPhone maker hadn't

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Speaker 1: previously set a public deadline for the capabilities, but they

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Speaker 1: were initially planned for the iOS eighteen to four software

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Speaker 1: update this April. After two rounds of the Arnold Palmer

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Speaker 1: Invitational with bay Hill, Shane Lowry five hundred for the day.

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Speaker 1: He heads into Saturday's third round with a two shot lead.

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Speaker 1: Friday numbers on Wall Street the Dow gain two twenty two,

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Speaker 1: Nasdaq rose one twenty six, the S and P up

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Speaker 1: thirty one. The ten year Treasury yield at four point

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Speaker 1: three percent, the two year yield at four percent. That's

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Speaker 1: news when you want it with Bloomberg News. Now I

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Speaker 1: made Kaleggy.

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Speaker 3: This is Bloomberg