News when you want it with Bloomberg News Now, I'm Charlie Pellett. A federal judge has ruled that Alphabet's Google does not have to sell its popular Chrome web browser.
It is surprising because Judge Matter was in favor of divesting Chrome, which is the key asset here that everyone is looking at, and in this case, I think the ruling clearly states that they're not required to divest Chrome. At the same time, there won't be any exclusive contracts, so that means the Google Apple thing won't be at least allowed anymore.
Bloomberg's man Deep Singh. The ruling came in the Justice departments landmark antitrust case against the search engine. Treasury Secretary Scott Besant is reportedly planning to start interviews on Friday in search of a candidate to be the next chair of the Federal Reserve. The Wall Street Journal says the interview process will continue next week, adding that Besant will be talking to candidates either in person or by video conference.
Robert Kaplan is vice chair at Goldman Sachs. He's a former Dallas Fed chief, and he spoke to Bloomberg from the sidelines of the Goldman Sachs Asia Leaders Conference.
Jaypal's term as chairman ends in May, and so it makes sense that they should start the interview process. I think the main thing for the leader, the next leader of the FED has to be somebody who has strong grounding and economics and can make independent judgments about the economy.
Robert Kaplan, former Dallas FED chief, speaking to Bloomberg following the interviews, Bestent plans to recommend a finalist of candidates to President Trump. FED Governor Lisa Cook's lawyer say President Trump's move to Ouster is based on quote cut and paced allegations relating to mortgage fraud. The House Oversight Committee has released more than thirty three thousand pages of files related to Jeffrey Epstein. CBS reports many of the documents
were already in the public domain. The release came as lawmakers pressed the Trump administration to disclose more information on the criminal probe into Epstein. Republican Congressman Thomas Massey of Kentucky says tomorrow some of those victims will speak publicly.
I haven't had time to look at all the documents that have been released by the Oversight Committee, but I think the scope of their investigation is such that the things they requested aren't even going to include all the things that we need, and the few documents that we have been able to view are heavily redacted to the degree that they wouldn't show us anything new.
Republican Congressman Thomas Massey of Kentucky. President Trump says his administration will ask the US Supreme Court for an expedited ruling to overturn a federal appeals court ruling that found many of his tariffs are illegal.
We are leading very substantially with AI. We're leading because of tariffs. We're leading because of talent, and this is where they'd like to be. But without the tariffs, we wouldn't have a chance because we wouldn't be able to protect those investments of the companies coming in. So if you took away tariffs, we could end up being a third world country.
Republican Senator Joni Earnst of Iowa says she will not seek reelection, officially opening a key Senate battleground ahead of twenty twenty six midterms. She made the announcement in a video message.
Having been raised in a family who has given me so much love and support. Now as our family ages and grows. It's my time for me to give back to them. After a tremendous amount of prayer and reflection, I will not be seeking reelection in twenty twenty six. This was no easy decision. I love my state and country.
Apple's lead AI researcher for robotics has left the company to join me a platform's competing effort, part of an exodus of AI talent from the iPhone maker. Bloomberg's Mark Grumman says there are a few reasons for these departures, including.
Apple has been seriously contemplating moving away from in house model technology for some of its products and using more from companies like Google or Anthropic or open Ai, and the LM researchers at Apple some of them think they're seeing the writing on the wall and maybe it's time to get out of there before Apple really reduces the use of their technologies. Of course, internally, Apple has denied the idea that they're going to move.
Away, Bloomberg's Mark Grumman. A jury in Los Angeles finds rapper Cardi B not liable for assault, battery or emotional distress, awarding zero damages to the security guard who filed a civil lawsuit against the artists. Immani Ellis alleges that Carti assaulted her at a Beverly Hills medical building in twenty eighteen. Cardi always maintained her innocence and spoke to reporters outside the courthouse this.
Time around, I'm gonna be nice. The next person to try to do a frivolous lawsuit against me. I'm going to counter soon and I'm gonna make you pay.
Cardi b speaking outside the courthouse. And that's news when you want it. With Bloomberg News now, I'm Charlie Peltank. This is Bloomberg