News when you want it with Bloomberg News Now, I'm made Kleggy. A massive outage on trading in almost all CME futures and options at the Chicago Mercantile Exchange Thursday night and into Friday has people giving the data center behind the problem once over. We get more on this from Bloomberg's Denise Pellegrini.
The data center in Aurora, Illinois is probably best known for serving as the setting of the comedy film Wayne's World, but the overheating problem it experienced was no joke. The Cyrus one facility has at least twenty five quadrillion dollars of presumed trading volume passing through it every day, and now the incident at the company, owned by KKR and Global Infrastructure Partners, is raising questions about the design of
the cooling system and also its disaster recovery plans. That also has some wondering about the reliability of other data centers. Denise Pellegriney Bloomberg Radio.
Airbus caution that more than half of its active A three to twenty jetliner family fleet will need a software fix after a recent incident involving a Jet Blue airliner revealed that intense solar radiation could corrupt data that helps maintain functioning flight controls. The company said more than sixty five hundred jets in total may be impacted by the
required fix. The advisory follows an incident on October thirtieth involving a Jet Blue aircraft flying from Cancun to Newark that suffered a computer glitch, resulting in a sudden, unexpected downward pitch without pilot input. President Trump says he is terminating every document former President Joe Biden signed with an autopen. We get to tail some Bloomberg's Monica ricks.
President Trump says he's terminating every document former President Biden signed with an autopen. In a true social post, Trump accused Biden of signing approximately ninety two percent of documents through the use of an autopen, and threatened perjury charges against Biden if he claimed he consented to the use of the mechanical pen to sign papers. Trump claims Biden's staff used it illegally because the former president wasn't in
control of his own presidency. It's not clear, though, what lee pushback Trump could receive from trying to nix Biden's past orders, or how federal agencies that have been impacted by the former president's policies will respond. Monica Rix Bloomberg Radio.
The New York Times reports President Trump spoke with Venezuelan leader Nicholas Maduro last week and the two discussed a possible meeting as the US ramps up pressure on Caracas ahead of potential military strikes. The leaders still have not made plans for such a meeting, adding that US Secretary of State Marco Rubio joined the two presidents on the call.
The call comes as the US in recent months has been intensifying pressure on Venezuela, part of a counter narcotics operation targeting drug trafficking that the Trump administration says is being led by Maduro's regime. A Ukrainian delegation is heading to the US for further discussions over a peace plan pushed by President Trump. The group is expected to meet with US Special Envoy Steve Whitcoff and Trump's son in law, Jared Kushter in Florida. Whitcoff is said to lead a
US delegation for talks in Russia next week. A phone call last month between Whitcoff and a scene your Qumentlin official revealed how Trump's envoy suggested they work together on a plan for Ukraine. This according to a recording reviewed by Bloomberg, Ukrainian President Vlodimir Zelenski's powerful chief of staff resigned after becoming ensnared in a corruption investigation, Andrey Yermak
has been lead negotiator in peace talks. The move followed a search of Irmac's apartment by anti graft investigators early Friday. Well the the authorities didn't explain the raid, and followed news of a widening probe involving several ministers and one of Zelenski's former business partners. Irmac said he was cooperating fully with the investigation. President Trump has announced an immediate
pause and immigration from third world countries. Terry Haines, founder of Pangee Policy, talked about it in a Bloomberg interview.
The President, as he normally does, is taking an immediate position that's very action oriented. And remember that the administration already makes much out of the fact that illegal immigration of this country is basically stopped.
Terry Haynes, founder of Pangeo Policy, Expectations that the Federal Reserve will cut interest rates faster than initially anticipated, has fueled a late month rebound on Wall Street. Juliat Carnado is founder and president of Macro Policy Perspectives and says the possibilities are twofold with the market price for several rate cuts next year.
I think either we're going to get one and done because things are stabilizing and growth is going to be okay and the AI story has enough legs to power the economy, or we're really starting. You know, we're in the early game turning of the labor market and the Fed is going to have to cut not just to neutral, but through to neutral to an accommodate.
Interesting. Julia Carnado with Macro Policy Perspectives Friday on Bloomberg Surveillance. The Friday numbers on Wall Street the down game two eighty nine. NASDAC added one point fifty one. The S and P was up thirty six. The ten year treasury yield four point zero one percent, the two year is at three point four to nine percent. That's news when you want it with Bloomberg News. Now I made Koleggy. This is Bloomberg