1 00:00:01,480 --> 00:00:03,720 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,760 --> 00:00:07,280 Speaker 1: Doug Krisner, and we begin in Arizona, where an individual 3 00:00:07,400 --> 00:00:10,559 Speaker 1: described by authorities as a person of interest is being 4 00:00:10,640 --> 00:00:14,319 Speaker 1: questioned regarding the disappearance of Nancy Guthrie. We are told 5 00:00:14,320 --> 00:00:18,480 Speaker 1: the individual was apprehended near Rio Rico, Arizona. It lies 6 00:00:18,520 --> 00:00:21,840 Speaker 1: on the Mexican border south of Tucson. Now, this case 7 00:00:21,920 --> 00:00:24,760 Speaker 1: took a dramatic turn earlier in the day when the 8 00:00:24,840 --> 00:00:28,600 Speaker 1: FBI released photo and video images of the possible suspect 9 00:00:28,840 --> 00:00:32,839 Speaker 1: outside Nancy Guthrie's home near Tucson. A video posted on 10 00:00:33,080 --> 00:00:36,880 Speaker 1: x shows a masked individual wearing gloves approaching the front 11 00:00:36,960 --> 00:00:39,519 Speaker 1: door with what appears to be a handgun in a holster, 12 00:00:40,000 --> 00:00:43,640 Speaker 1: as well as a large backpack. We go to Canada next, 13 00:00:43,680 --> 00:00:47,600 Speaker 1: where at least eight individuals, including the suspected shooter, are 14 00:00:47,640 --> 00:00:50,760 Speaker 1: dead in a shooting at the tumbler Ridge Secondary School 15 00:00:51,080 --> 00:00:54,920 Speaker 1: in British Columbia. The Royal Canadian Mounted Police also said 16 00:00:55,080 --> 00:00:59,840 Speaker 1: twenty seven have been injured. Separately, investigators identified a secondary 17 00:00:59,840 --> 00:01:03,400 Speaker 1: residents believed to be connected to the shooting incident at 18 00:01:03,400 --> 00:01:07,560 Speaker 1: the school, where an additional two individuals were found deceased. 19 00:01:08,040 --> 00:01:10,960 Speaker 1: House lawmakers could vote as soon as later this week 20 00:01:11,040 --> 00:01:14,280 Speaker 1: on whether to reject some of President Trump's tariff policies. 21 00:01:14,600 --> 00:01:17,400 Speaker 1: The votes are set to come after the House rejected 22 00:01:17,520 --> 00:01:20,920 Speaker 1: a last ditch effort from Speaker Mike Johnson to prevent them. 23 00:01:21,319 --> 00:01:25,240 Speaker 1: Democrats and a trio of Republicans oppose the attempt at 24 00:01:25,280 --> 00:01:28,440 Speaker 1: another delay. We go next to the latest fallout from 25 00:01:28,480 --> 00:01:32,640 Speaker 1: the dojay's release of the Epstein files. Commerce Secretary Howard 26 00:01:32,720 --> 00:01:35,840 Speaker 1: Lutnick has come under fire for his appearance in the files. 27 00:01:36,200 --> 00:01:39,880 Speaker 1: Lutnick said he did visit Epstein's private island in twenty twelve, 28 00:01:39,959 --> 00:01:43,960 Speaker 1: after Epstein was convicted as a sex offender. Here's an 29 00:01:44,000 --> 00:01:48,680 Speaker 1: exchange between Maryland Senator Chris van Holland and Lutnick. Did 30 00:01:48,680 --> 00:01:52,720 Speaker 1: you in fact make the visit to Jeffrey Epstein's private island. 31 00:01:54,280 --> 00:01:56,840 Speaker 2: I did have lunch with him, as I was on 32 00:01:56,920 --> 00:02:00,800 Speaker 2: a boat going across on a family vacation. My wife 33 00:02:01,080 --> 00:02:04,840 Speaker 2: was with me, as were my four children and nanny's 34 00:02:05,080 --> 00:02:09,480 Speaker 2: I had another couple. They were there as well with 35 00:02:09,600 --> 00:02:13,400 Speaker 2: their children, and we had lunch on the island. 36 00:02:13,480 --> 00:02:17,120 Speaker 1: Now Lutnik is facing calls to resign over his relationship 37 00:02:17,160 --> 00:02:20,880 Speaker 1: with Epstein, since the file show the relationship was more 38 00:02:20,880 --> 00:02:24,800 Speaker 1: extensive than Lutnik previously revealed. The White House said today 39 00:02:24,800 --> 00:02:27,840 Speaker 1: that President Trump has no plans to remove Lutnik from 40 00:02:27,840 --> 00:02:32,239 Speaker 1: his post. The brother of Elon Musk, Kimball, was connected 41 00:02:32,280 --> 00:02:36,280 Speaker 1: with at least two women through Jeffrey Epstein. Emails released 42 00:02:36,280 --> 00:02:39,440 Speaker 1: by the Department of Justice show an easy rapport between 43 00:02:39,520 --> 00:02:44,400 Speaker 1: Kimball Musk and Epstein as they discussed party plans, relationships, 44 00:02:44,400 --> 00:02:47,240 Speaker 1: and whether Musk would be able to visit Epstein's island. 45 00:02:47,760 --> 00:02:50,320 Speaker 1: In a statement, Kimball Musk said his only meeting with 46 00:02:50,360 --> 00:02:53,480 Speaker 1: Epstein was in his New York office during the day. 47 00:02:54,160 --> 00:02:56,840 Speaker 1: We moved to Business News next after the bell. Ford 48 00:02:56,919 --> 00:03:00,240 Speaker 1: said it's expecting profit to jump this year after the 49 00:03:00,280 --> 00:03:03,360 Speaker 1: company was saddled with a surprise tariff bill at the 50 00:03:03,440 --> 00:03:06,799 Speaker 1: end of last year. More from Bloomberg's Charlie Pellett. 51 00:03:06,639 --> 00:03:11,280 Speaker 3: CFO Sherry House told reporters an unexpected change in tariff 52 00:03:11,320 --> 00:03:15,519 Speaker 3: provisions cost Ford about nine hundred million in savings that 53 00:03:15,639 --> 00:03:19,560 Speaker 3: expected last year. But looking ahead, Stephanie Valdi Streety, the 54 00:03:19,639 --> 00:03:23,480 Speaker 3: director of industry Insights at Cox Automotive, says Ford is 55 00:03:23,520 --> 00:03:24,440 Speaker 3: in good shape. 56 00:03:24,520 --> 00:03:26,680 Speaker 4: I think they're going to be well positioned. They're going 57 00:03:26,720 --> 00:03:29,680 Speaker 4: to recover from the novelle's fire. They have a lot 58 00:03:29,680 --> 00:03:31,840 Speaker 4: of hybrids in place, and if you look at twenty 59 00:03:31,880 --> 00:03:34,640 Speaker 4: twenty five sales, they are up six percent. 60 00:03:34,920 --> 00:03:38,360 Speaker 3: Ford expects profit will rise even as it contends with 61 00:03:38,440 --> 00:03:42,200 Speaker 3: ongoing turmoil tied to tariffs and its money losing ev 62 00:03:42,440 --> 00:03:46,000 Speaker 3: business in New York. Charlie Pellett, Bloomberg Radio. 63 00:03:46,160 --> 00:03:50,160 Speaker 1: Paramount skuid Dance has enhanced its hostile takeover offer for 64 00:03:50,360 --> 00:03:54,040 Speaker 1: Warner Brothers Discovery. In a statement, Paramount said it will 65 00:03:54,040 --> 00:03:56,680 Speaker 1: cover the termination fee that Warner will have to pay 66 00:03:56,800 --> 00:04:01,040 Speaker 1: Netflix if it were to end that already agreed upon deal, 67 00:04:01,240 --> 00:04:05,119 Speaker 1: and Paramount will also backstop a Warner Brothers debt financing. 68 00:04:05,320 --> 00:04:07,680 Speaker 1: Here is Bloomberg analyst Geeta Roganathan. 69 00:04:08,000 --> 00:04:10,880 Speaker 5: I think this is just Paramount exhausting all of its 70 00:04:10,880 --> 00:04:14,200 Speaker 5: options before you know, they actually raise the bid. But 71 00:04:14,280 --> 00:04:16,480 Speaker 5: in my mind, what this signals is, yes, they did 72 00:04:16,480 --> 00:04:18,800 Speaker 5: stop short of actually raising that thirty dollars bid, but 73 00:04:18,960 --> 00:04:21,960 Speaker 5: I do think that the signals that they are willing 74 00:04:22,040 --> 00:04:24,760 Speaker 5: to kind of go back to the table and probably 75 00:04:24,880 --> 00:04:28,520 Speaker 5: raise that bid. As you know, kind of this thing 76 00:04:28,640 --> 00:04:29,400 Speaker 5: keeps dragging on. 77 00:04:29,440 --> 00:04:33,240 Speaker 1: That is Bloomberg analyst Geeta Raganathan. Incidentally, Warner Brothers said 78 00:04:33,240 --> 00:04:35,960 Speaker 1: it will review the amended tender offer and make a 79 00:04:36,000 --> 00:04:39,920 Speaker 1: recommendation to a shareholders afterward. At the same time, the 80 00:04:39,960 --> 00:04:43,160 Speaker 1: activist investor and Cora has reportedly built a roughly two 81 00:04:43,279 --> 00:04:46,440 Speaker 1: hundred million dollar steak in Warner Brothers. The Wall Street 82 00:04:46,520 --> 00:04:50,080 Speaker 1: Journal reports and Coorra is planning to oppose Warner's deal 83 00:04:50,200 --> 00:04:53,360 Speaker 1: to sell its movie and TV studios, as well as 84 00:04:53,440 --> 00:04:57,400 Speaker 1: its HBO Max streaming service to Netflix. The Journal reports 85 00:04:57,480 --> 00:05:00,919 Speaker 1: and Cora believes that Warner failed to adequate engage with 86 00:05:01,040 --> 00:05:05,240 Speaker 1: paramount Skydance after it made a rival all cash offer 87 00:05:05,440 --> 00:05:08,960 Speaker 1: for Warner's entire business. And that is news when you 88 00:05:08,960 --> 00:05:11,600 Speaker 1: want it with Bloomberg News. Now, I'm Doug Prisoner, and 89 00:05:11,680 --> 00:05:12,520 Speaker 1: this is Bloomberg