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

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Speaker 1: made Kalengi. President Donald Trump said Saturday that the Panama

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Speaker 1: Canal is charging exorbitant prices and rates of passage on

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Speaker 1: US naval and merchant ships, and he has demanded that

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Speaker 1: fees be lowered or else Panama should return the canal

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Speaker 1: to the US.

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Speaker 2: Quote.

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Speaker 1: The fees being charged by Panama are ridiculous, especially knowing

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Speaker 1: the extraordinary generosity that has been bestowed to Panama by

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Speaker 1: the US. Trump said this in a post on his

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Speaker 1: Truth social platform. He continued, this complete ripoff of our

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Speaker 1: country will immediately stop. The US is the canal's biggest customer,

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Speaker 1: responsible for about three quarters of the cargo transitting through

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Speaker 1: each year. A prolonged drout, however, has hampered the canal's

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Speaker 1: ability to move ships between the Atlantic and Pacific oceans.

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Speaker 1: President Dela like Trump, has named Mark Burnett, the man

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Speaker 1: who created the television showed The Apprentice, which helped catapult

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Speaker 1: Trump to the presidency, as a Special Envoy to the

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Speaker 1: U S. Quote. With a distinguished career in television production

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Speaker 1: and business, Mark brings a unique blend of diplomatic acumen

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Speaker 1: and international recognition to this important role. Trump said this

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Speaker 1: on a post on truth Social The position of Special

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Speaker 1: Envoy to the UK doesn't currently exist. Trump is already

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Speaker 1: named investment banker Warren Stevens as his ambassador to the

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Speaker 1: Court of Saint James, a highly coveted diplomatic post that

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Speaker 1: usually goes to top campaign donors. Amazon workers at the

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Speaker 1: company's sole unionized warehouse in the US have joined a

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Speaker 1: broader strike by the International Brotherhood of Teamsters. We get

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Speaker 1: more from Bloomberg's Denise Pellegrini O.

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Speaker 3: The Teamsters affiliated Amazon Labor Union, which represents workers at

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Speaker 3: the JFK warehouse in New York City, Staten Island, is

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Speaker 3: asking members to walk off the job. Video on x

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Speaker 3: shows people already marching from the union's office to the

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Speaker 3: warehouse through the snow. They want Amazon to hold talks

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Speaker 3: with workers there and in other facilities where Amazon employees

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Speaker 3: or our drivers have sought to be represented by the Teamsters.

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Speaker 3: The Teamsters earlier this week asked workers at seven Last

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Speaker 3: Mile delivery warehouses in California, Georgia, Illinois, and New York

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Speaker 3: to strike beginning Thursday. It's the biggest test yet of

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Speaker 3: the union's organizing campaign. Company spokesperson says so far the

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Speaker 3: strike has not impacted deliveries. Denise pelgreny Bloomberg Radio.

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Speaker 1: The top uniformed police officer in the New York City

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Speaker 1: Police Department, has resigned amid allegations he demanded sex from

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Speaker 1: a subordinate in exchange for opportunities to earn extra pay.

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Speaker 1: Police Commissioner Jessica Tish except for the resignation of Chief

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Speaker 1: of Department Jeffrey Madrii friday night, effective immediately. John Schell,

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Speaker 1: the department's chief of Patrol, will take over as interim

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Speaker 1: chief of Department, and Philip Rivera will assume Shell's duties

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Speaker 1: as the head of the Patrol Division. The department declined

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Speaker 1: to comment on the allegations against Matri other than just

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Speaker 1: saying it takes all allegations of sexual misconduct seriously and

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Speaker 1: will thoroughly investigate this matter. A lawyer for his accuser,

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Speaker 1: Lieutenant Quotisha Epps, said the move was over us. It's

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Speaker 1: looking like another record for holiday travel. We get that

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Speaker 1: story from Bloomberg's Charlie Pellett.

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Speaker 2: The Auto Club Triple A is predicting that more than

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Speaker 2: one hundred and nineteen million people will travel at least

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Speaker 2: fifty miles from home through New Year's Day, which would

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Speaker 2: top the previous holiday season high set in twenty nineteen.

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Speaker 2: The two weekends on either side of Christmas look to

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Speaker 2: be some of the most crowded times on the road

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Speaker 2: and at airports. The trade group Airlines from America also

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Speaker 2: four seas Record travel, saying it expects airlines to carry

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Speaker 2: fifty four million passengers during a nineteen day period that

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Speaker 2: began last Thursday and will end Monday, January sixth That

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Speaker 2: number would represent a six percent increase over last year.

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Speaker 2: In New York, Charlie Pellette Bloomberg Radio.

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Speaker 1: Remember the speck craze, that wave of companies that win

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Speaker 1: public through blank check deals during the pandemic. Well they're

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Speaker 1: making a comeback. As we hear from Bloomberg's Nathan Hager.

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Speaker 4: Fifty companies have gone public through deals with special purpose

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Speaker 4: acquisition companies since April. That's according to data from SPAC Research,

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Speaker 4: which says they've raised about eight point seven billion dollars.

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Speaker 4: That's more than twice as much as in all of

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Speaker 4: last year. Spack deals were all the rage until twenty

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Speaker 4: twenty two, when rising interest rates sent many of them crashing.

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Speaker 4: Of the more than four hundred and fifty former SPACs

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Speaker 4: that are still in business, nearly half have wiped out

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Speaker 4: more than ninety percent of their value. Nathan Hager, Bloomberg Radio.

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Speaker 1: Sad news from the baseball world as all time stolen

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Speaker 1: base leader and Hall of Famer Rickey Henderson has passed away.

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Speaker 1: He was sixty five. In the college football Playoffs first

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Speaker 1: round action, Penn State defeated SMU thirty eight ten Texas

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Speaker 1: beak Clemson thirty eight twenty four. That's news when you

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Speaker 1: want it with Bloomberg News. Now, I made Kalengi and

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Speaker 1: this is Bloomberg