News when you want it with Bloomberg News Now. I'm Monica Ricks. A Ukrainian delegation has arrived in the US for more peace talks to end its war with Russia, even as the Kremlin steps up attacks targeting Ukraine's power grid. Keep says Russia's weaponizing winter, leaving people in more than
twenty settlements without power. The delegations working to finalize documents now that include recovery and security guarantees from the US Rallies are underway in Denmark and Greenland now to protest President Trump's threats to take over the territory, as a bipartisan congressional delegation continues talks today in Copenhagen in hopes of de escalating tensions. Republican Alaska Senator Lisa Murkowski.
Greenland needs to be viewed as our ally, not as an asset.
Denmark is part of NATO, and these talks come as other countries within the Alliance, including France and Germany, send military support to help secure the territory. Delaware Senator Chris Coons.
I think I speak for every Senator and House member here and that we deeply value NATO and that this eighty year old alliance. This partnership has been absolutely critical to the United States security and prosperity and success.
President Trump has threatened to impose tariffs against countries that don't support a US takeover. The Justice Department has launched a criminal investigation into whether Minnesota Governor Tim Wallas and Minneapolis Mayor Jacob Frye obstructed federal Immigration Enforcement. Attorney General Pam Bondi issued a brief statement on social media last night, saying no one is above the law, but both Walls and fry are pushing back, calling it a bullying tactic.
Minnesota's Attorney General, Keith Ellison, agrees and says the Trump administration is weaponizing the DOJ.
When powerful leaders use it against people who are just doing their jobs as their voters elected them to do, that's a very sad day in America.
Who meantime, a win for protesters in Minneapolis, federal judge has ordered immigration officers not to arrest, detain, pepper spray, or otherwise retaliate against peaceful protesters in the city following weeks of violent clashes. The Justice Department will likely appeal that ruling. It was a quiet end to a volatile week for investors with the new earning season kicking off. Bloomberg's Charlie Pellett has details stocks moves.
Lawa on concern that President Trump is cooling on his dubbish front runner Kevin Hassett to head the Federal Reserve. The sm P five hundred struggle to gain traction and finish law for the week down point four percent, while the Russell two thousand index of small cap shares kept rising and beat the SMP five hundred four and eleventh straight session for the week down. Industrials down point three percent. NESDAK on the week down point seven percent. Charlie Pellett Bloomberg Radio.
The White House is considering executive action to en act President Trump's call for a cap on credit card interest rates. Administration officials say they're still discussing terms with industrially and Congress, but say it's designed to reduce costs for Americans and
aid in affordability challenges. White House Economic advisor Kevin Hassett says he's headed to Davos, Switzerland, with President Trump next week, where the President's set to unveil a plan to ban institutional investors from buying single family homes.
When that comes out, there'll be a clear guidance to people about when they can feel free that they're playing on a level playing fields when they're competing for a.
Home that's hasst on Fox Business. Trump also wants to allow Americans to use some of their four oh one case savings towards a down payment on new home purchases. Bayer is getting a High Court hearing hoping to get more lawsuits against its round Up weed killer tossed. Here's Bloomberg's ed Kleggi.
The Supreme Court has agreed to hear Bayer's appeal, taking aim at thousands of lawsuits targeting its top selling round Up weed killer for causing cancer. The High Court agreed Friday to hear Bear's challenge to a one point twenty five million dollar Missouri jury verdict against the company's Monsanto unit over round Up, on the ground some of the
claims were preempted by federal law. The company already has paid more than ten billion in verdicts and settlements, and has set aside another six billion to deal with a litigation. Ed Kaleggy Bloomberg Radio.
Elon Musk wants OpenAI and Microsoft to pay him damages up to one hundred and thirty four billion dollars overclaims that OpenAI defrauded him by abandoning its non profit roots and partnering with the software giant. Open Ai calls the lawsuit baseless and the demand for damages unseirious. The CDC says cases of flu keep surging in the US, with those dying from it up twenty five percent from last week.
Experts estimate at least eighteen million people have now caught the flu this season, with at least fourteen states seeing very high levels of infection. Doctors are still urging Americans to get vaccinated. Measles also keeps spreading in South Carolina. Health officials there have reported hundreds more cases over the
last ten days. They're also pushing vaccines. Measles is one of the most contagious and preventable diseases in the world, and disagreements over pesticide policy are now threatening to slow down and already delayed farm bill in Congress this year. Bloomberg's Amy Morris reports from Washington.
House Agriculture Chair G. T. Thompson still plans to include language in a farm policy package that would limit state and local regulation of pesticides. Despite renewed opposition to the proposal from Democrats, some Republicans, and health activists. Now Thompson's reasoning is that it'll drive up the cost of food
to have fifty different states using different pesticide regulations. Thompson brushed aside opposition, pointing out that House Agriculture Committee members, including four Democrats, already voted to advance the proposal, but that package never came up for a floor vote in Washington. Amy Morris, Bloomberg Radio, and that's.
News when you want it with Bloomberg News. Now, I'm Monica Rix, and this is Bloomberg