Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

On today's podcast:
1) An appeals court blocked the White House from removing Federal Reserve Governor Lisa Cook from her post for now, allowing her to continue working while her lawsuit challenging President Trump’s move to dismiss her proceeds. The court's 2-1 ruling came just hours before the start of the Fed's meeting to vote on interest rates, and President Donald Trump could still ask the Supreme Court to step in.
2) President Trump is bringing a $15 billion defamation and libel lawsuit against The New York Times, according to a post on Truth Social. The suit is being brought in Florida, Trump says. The president accuses the publication of becoming a “mouthpiece” for the Democratic Party, citing its endorsement of former presidential candidate Kamala Harris among other concerns.
3) The Securities and Exchange Commission is "prioritizing" a proposal to reduce the frequency of corporate earnings reports after President Trump called for an end to quarterly reports. Trump said companies should report on a "Six (6) Month Basis" instead of quarterly, which he claims will save money and allow managers to focus on running their companies. Critics argue that shifting away from quarterly reporting could be a "gigantic step backward" and increase uncertainty and volatility on earnings results.

See omnystudio.com/listener for privacy information.

Avsnitt(1597)

LA Faces High Winds as Fire Battle Continues; SEC Sues Elon Musk

LA Faces High Winds as Fire Battle Continues; SEC Sues Elon Musk

On today's podcast: 1) LA Faces High Winds and No Sign of Rain After Week of Flames 2) Musk Accused by SEC of Cheating Twitter Holders Out of Millions 3) Big Bank Earnings BeginSee omnystudio.com/list...

15 Jan 202516min

Fire Scarred LA Braces for More Wind; DOJ Trump Election Case Report Released

Fire Scarred LA Braces for More Wind; DOJ Trump Election Case Report Released

On today's podcast: 1) Fire-Scarred Los Angeles Braces for More Extreme Wind 2) DOJ Report Says Trump Would Have Been Convicted in Election Case 3) China Weighs Sale of TikTok US to Musk as a Possible...

14 Jan 202516min

Los Angeles Fires Rage; Blue Origin Launch Delayed

Los Angeles Fires Rage; Blue Origin Launch Delayed

On today's podcast: 1) Los Angeles Fires Rage as High Winds Set to Return This Week 2) Trudeau Says Canada Tariffs Ready If Trump Starts Trade War 3) Bezos’ Blue Origin Delays Debut Mission of New Gle...

13 Jan 202516min

Daybreak Weekend: Bank Earnings, UK Asset Slump, Nippon Steel

Daybreak Weekend: Bank Earnings, UK Asset Slump, Nippon Steel

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look at U.S eco data and bank earnings next week. In the UK – a focus...

11 Jan 202538min

Deadly LA Fires Rage On; Supreme Court Allows Trump Sentencing

Deadly LA Fires Rage On; Supreme Court Allows Trump Sentencing

On today's podcast: 1) Firefighters begin to make progress as the death toll rises in the Los Angeles wildfires 2) The Supreme Court refuses to stand in the way of Donald Trump's hush money sentencing...

10 Jan 202516min

Instant Reaction: Supreme Court Allows Trump Sentencing

Instant Reaction: Supreme Court Allows Trump Sentencing

A divided US Supreme Court cleared the way for President-elect Donald Trump’s sentencing in his hush money criminal case, dealing him a setback as he prepares to begin his second term in office. For r...

10 Jan 20259min

LA Under Siege as New Fire Burns; Remembering Jimmy Carter

LA Under Siege as New Fire Burns; Remembering Jimmy Carter

On today's podcast: 1) Los Angeles Under Siege as New Fire Burns in Hollywood Hills 2) Wall Street Job Losses May Top 200,000 as AI Replaces Roles 3) Remembering Jimmy CarterSee omnystudio.com/listene...

9 Jan 202517min

LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats

LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats

On today's podcast: 1) Los Angeles Ramps Up Evacuations as Palisades Fire Grows 2) Trump’s Panama, Greenland Threats Signal Unchained Second Term 3) JPMorgan Planning to Bring Staff to Office Five Day...

8 Jan 202516min

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