1 00:00:00,960 --> 00:00:03,560 Speaker 1: News when you want it with Bloomberg News Now. I'm 2 00:00:03,560 --> 00:00:07,440 Speaker 1: Monica Ricks. A Ukrainian delegation has arrived in the US 3 00:00:07,440 --> 00:00:10,119 Speaker 1: for more peace talks to end its war with Russia, 4 00:00:10,440 --> 00:00:14,080 Speaker 1: even as the Kremlin steps up attacks targeting Ukraine's power grid. 5 00:00:14,480 --> 00:00:18,000 Speaker 1: Keep says Russia's weaponizing winter, leaving people in more than 6 00:00:18,040 --> 00:00:22,320 Speaker 1: twenty settlements without power. The delegations working to finalize documents 7 00:00:22,360 --> 00:00:28,560 Speaker 1: now that include recovery and security guarantees from the US 8 00:00:28,680 --> 00:00:31,880 Speaker 1: Rallies are underway in Denmark and Greenland now to protest 9 00:00:31,920 --> 00:00:35,120 Speaker 1: President Trump's threats to take over the territory, as a 10 00:00:35,159 --> 00:00:39,560 Speaker 1: bipartisan congressional delegation continues talks today in Copenhagen in hopes 11 00:00:39,600 --> 00:00:44,440 Speaker 1: of de escalating tensions. Republican Alaska Senator Lisa Murkowski. 12 00:00:43,880 --> 00:00:47,440 Speaker 2: Greenland needs to be viewed as our ally, not as 13 00:00:47,479 --> 00:00:48,120 Speaker 2: an asset. 14 00:00:48,400 --> 00:00:50,879 Speaker 1: Denmark is part of NATO, and these talks come as 15 00:00:50,920 --> 00:00:54,400 Speaker 1: other countries within the Alliance, including France and Germany, send 16 00:00:54,440 --> 00:00:59,440 Speaker 1: military support to help secure the territory. Delaware Senator Chris Coons. 17 00:00:59,280 --> 00:01:01,880 Speaker 3: I think I speak for every Senator and House member 18 00:01:01,960 --> 00:01:04,959 Speaker 3: here and that we deeply value NATO and that this 19 00:01:05,040 --> 00:01:09,920 Speaker 3: eighty year old alliance. This partnership has been absolutely critical 20 00:01:10,280 --> 00:01:13,080 Speaker 3: to the United States security and prosperity and success. 21 00:01:13,280 --> 00:01:16,400 Speaker 1: President Trump has threatened to impose tariffs against countries that 22 00:01:16,520 --> 00:01:20,679 Speaker 1: don't support a US takeover. The Justice Department has launched 23 00:01:20,680 --> 00:01:24,160 Speaker 1: a criminal investigation into whether Minnesota Governor Tim Wallas and 24 00:01:24,240 --> 00:01:29,480 Speaker 1: Minneapolis Mayor Jacob Frye obstructed federal Immigration Enforcement. Attorney General 25 00:01:29,520 --> 00:01:32,520 Speaker 1: Pam Bondi issued a brief statement on social media last night, 26 00:01:32,760 --> 00:01:35,679 Speaker 1: saying no one is above the law, but both Walls 27 00:01:35,720 --> 00:01:39,200 Speaker 1: and fry are pushing back, calling it a bullying tactic. 28 00:01:39,560 --> 00:01:42,680 Speaker 1: Minnesota's Attorney General, Keith Ellison, agrees and says the Trump 29 00:01:42,720 --> 00:01:45,080 Speaker 1: administration is weaponizing the DOJ. 30 00:01:45,440 --> 00:01:48,600 Speaker 3: When powerful leaders use it against people who are just 31 00:01:48,680 --> 00:01:51,920 Speaker 3: doing their jobs as their voters elected them to do, 32 00:01:52,640 --> 00:01:54,320 Speaker 3: that's a very sad day in America. 33 00:01:54,720 --> 00:02:00,640 Speaker 1: Who meantime, a win for protesters in Minneapolis, federal judge 34 00:02:00,640 --> 00:02:05,120 Speaker 1: has ordered immigration officers not to arrest, detain, pepper spray, 35 00:02:05,360 --> 00:02:09,240 Speaker 1: or otherwise retaliate against peaceful protesters in the city following 36 00:02:09,320 --> 00:02:13,000 Speaker 1: weeks of violent clashes. The Justice Department will likely appeal 37 00:02:13,040 --> 00:02:16,120 Speaker 1: that ruling. It was a quiet end to a volatile 38 00:02:16,160 --> 00:02:19,000 Speaker 1: week for investors with the new earning season kicking off. 39 00:02:19,160 --> 00:02:22,360 Speaker 1: Bloomberg's Charlie Pellett has details stocks moves. 40 00:02:22,200 --> 00:02:25,040 Speaker 4: Lawa on concern that President Trump is cooling on his 41 00:02:25,200 --> 00:02:28,240 Speaker 4: dubbish front runner Kevin Hassett to head the Federal Reserve. 42 00:02:28,560 --> 00:02:31,440 Speaker 4: The sm P five hundred struggle to gain traction and 43 00:02:31,520 --> 00:02:34,480 Speaker 4: finish law for the week down point four percent, while 44 00:02:34,480 --> 00:02:37,280 Speaker 4: the Russell two thousand index of small cap shares kept 45 00:02:37,400 --> 00:02:40,919 Speaker 4: rising and beat the SMP five hundred four and eleventh 46 00:02:40,960 --> 00:02:45,280 Speaker 4: straight session for the week down. Industrials down point three percent. 47 00:02:45,600 --> 00:02:49,080 Speaker 4: NESDAK on the week down point seven percent. Charlie Pellett 48 00:02:49,080 --> 00:02:50,000 Speaker 4: Bloomberg Radio. 49 00:02:50,240 --> 00:02:53,000 Speaker 1: The White House is considering executive action to en act 50 00:02:53,120 --> 00:02:56,239 Speaker 1: President Trump's call for a cap on credit card interest rates. 51 00:02:56,480 --> 00:03:01,000 Speaker 1: Administration officials say they're still discussing terms with industrially and Congress, 52 00:03:01,280 --> 00:03:04,120 Speaker 1: but say it's designed to reduce costs for Americans and 53 00:03:04,240 --> 00:03:09,040 Speaker 1: aid in affordability challenges. White House Economic advisor Kevin Hassett 54 00:03:09,080 --> 00:03:12,240 Speaker 1: says he's headed to Davos, Switzerland, with President Trump next week, 55 00:03:12,440 --> 00:03:14,519 Speaker 1: where the President's set to unveil a plan to ban 56 00:03:14,680 --> 00:03:18,079 Speaker 1: institutional investors from buying single family homes. 57 00:03:18,360 --> 00:03:20,400 Speaker 4: When that comes out, there'll be a clear guidance to 58 00:03:20,440 --> 00:03:23,600 Speaker 4: people about when they can feel free that they're playing 59 00:03:23,639 --> 00:03:25,760 Speaker 4: on a level playing fields when they're competing for a. 60 00:03:25,760 --> 00:03:28,560 Speaker 1: Home that's hasst on Fox Business. Trump also wants to 61 00:03:28,600 --> 00:03:30,760 Speaker 1: allow Americans to use some of their four oh one 62 00:03:30,880 --> 00:03:34,160 Speaker 1: case savings towards a down payment on new home purchases. 63 00:03:35,120 --> 00:03:37,480 Speaker 1: Bayer is getting a High Court hearing hoping to get 64 00:03:37,520 --> 00:03:41,040 Speaker 1: more lawsuits against its round Up weed killer tossed. Here's 65 00:03:41,080 --> 00:03:42,160 Speaker 1: Bloomberg's ed Kleggi. 66 00:03:42,480 --> 00:03:45,400 Speaker 2: The Supreme Court has agreed to hear Bayer's appeal, taking 67 00:03:45,440 --> 00:03:48,480 Speaker 2: aim at thousands of lawsuits targeting its top selling round 68 00:03:48,560 --> 00:03:51,560 Speaker 2: Up weed killer for causing cancer. The High Court agreed 69 00:03:51,600 --> 00:03:54,320 Speaker 2: Friday to hear Bear's challenge to a one point twenty 70 00:03:54,400 --> 00:03:58,400 Speaker 2: five million dollar Missouri jury verdict against the company's Monsanto 71 00:03:58,520 --> 00:04:00,560 Speaker 2: unit over round Up, on the ground some of the 72 00:04:00,640 --> 00:04:04,360 Speaker 2: claims were preempted by federal law. The company already has 73 00:04:04,400 --> 00:04:07,200 Speaker 2: paid more than ten billion in verdicts and settlements, and 74 00:04:07,240 --> 00:04:10,560 Speaker 2: has set aside another six billion to deal with a litigation. 75 00:04:11,200 --> 00:04:13,320 Speaker 2: Ed Kaleggy Bloomberg Radio. 76 00:04:13,280 --> 00:04:17,320 Speaker 1: Elon Musk wants OpenAI and Microsoft to pay him damages 77 00:04:17,440 --> 00:04:20,680 Speaker 1: up to one hundred and thirty four billion dollars overclaims 78 00:04:20,680 --> 00:04:24,640 Speaker 1: that OpenAI defrauded him by abandoning its non profit roots 79 00:04:24,800 --> 00:04:27,960 Speaker 1: and partnering with the software giant. Open Ai calls the 80 00:04:28,000 --> 00:04:32,839 Speaker 1: lawsuit baseless and the demand for damages unseirious. The CDC 81 00:04:32,960 --> 00:04:35,719 Speaker 1: says cases of flu keep surging in the US, with 82 00:04:35,839 --> 00:04:39,240 Speaker 1: those dying from it up twenty five percent from last week. 83 00:04:39,680 --> 00:04:42,680 Speaker 1: Experts estimate at least eighteen million people have now caught 84 00:04:42,720 --> 00:04:45,719 Speaker 1: the flu this season, with at least fourteen states seeing 85 00:04:45,920 --> 00:04:49,600 Speaker 1: very high levels of infection. Doctors are still urging Americans 86 00:04:49,640 --> 00:04:53,640 Speaker 1: to get vaccinated. Measles also keeps spreading in South Carolina. 87 00:04:53,800 --> 00:04:56,839 Speaker 1: Health officials there have reported hundreds more cases over the 88 00:04:56,880 --> 00:05:00,800 Speaker 1: last ten days. They're also pushing vaccines. Measles is one 89 00:05:00,839 --> 00:05:04,080 Speaker 1: of the most contagious and preventable diseases in the world, 90 00:05:04,920 --> 00:05:08,440 Speaker 1: and disagreements over pesticide policy are now threatening to slow 91 00:05:08,520 --> 00:05:11,760 Speaker 1: down and already delayed farm bill in Congress this year. 92 00:05:11,960 --> 00:05:14,320 Speaker 1: Bloomberg's Amy Morris reports from Washington. 93 00:05:14,560 --> 00:05:17,960 Speaker 5: House Agriculture Chair G. T. Thompson still plans to include 94 00:05:18,040 --> 00:05:20,960 Speaker 5: language in a farm policy package that would limit state 95 00:05:21,000 --> 00:05:24,880 Speaker 5: and local regulation of pesticides. Despite renewed opposition to the 96 00:05:24,920 --> 00:05:29,719 Speaker 5: proposal from Democrats, some Republicans, and health activists. Now Thompson's 97 00:05:29,760 --> 00:05:32,039 Speaker 5: reasoning is that it'll drive up the cost of food 98 00:05:32,080 --> 00:05:36,359 Speaker 5: to have fifty different states using different pesticide regulations. Thompson 99 00:05:36,400 --> 00:05:40,159 Speaker 5: brushed aside opposition, pointing out that House Agriculture Committee members, 100 00:05:40,360 --> 00:05:44,320 Speaker 5: including four Democrats, already voted to advance the proposal, but 101 00:05:44,440 --> 00:05:47,799 Speaker 5: that package never came up for a floor vote in Washington. 102 00:05:47,839 --> 00:05:50,120 Speaker 5: Amy Morris, Bloomberg Radio, and that's. 103 00:05:50,000 --> 00:05:52,479 Speaker 1: News when you want it with Bloomberg News. Now, I'm 104 00:05:52,480 --> 00:05:54,520 Speaker 1: Monica Rix, and this is Bloomberg