Michigan Primary Results; Apple Ditches Self-Driving Car

Bloomberg Audio Studios, Podcasts, radio News. 0:00:11.000 --> 0:00:11.559 Good morning. 0:00:11.600 --> 0:00:14.400 I'm Nathan Hager and I'm Karen Moscow. Here are the 0:00:14.440 --> 0:00:15.920 stories we're following today. 0:00:16.280 --> 0:00:19.120 There are lots to talk about this morning in politics, 0:00:19.280 --> 0:00:22.720 starting in Michigan, where voters took to the polls yesterday 0:00:22.760 --> 0:00:25.360 and brought the nation closer to a twenty twenty four 0:00:25.480 --> 0:00:29.560 rematch between President Biden and former President Donald Trump. But 0:00:29.720 --> 0:00:32.360 the Democratic primary may have been trying to send the 0:00:32.400 --> 0:00:36.280 president a message in his victory. With ninety eight percent 0:00:36.320 --> 0:00:39.360 of votes counted, President Biden one with eighty one point 0:00:39.360 --> 0:00:43.960 one percent, while thirteen point three percent voted uncommitted. A 0:00:44.000 --> 0:00:47.280 campaign called Listen to Michigan had urged Democrats to cast 0:00:47.280 --> 0:00:50.440 a protest, voted, and hope to gather ten thousand votes. 0:00:50.880 --> 0:00:54.480 More than one hundred thousand answered the call. Dearborn resident 0:00:54.560 --> 0:00:56.200 Lexi Zaidan was one of them. 0:00:56.480 --> 0:00:58.680 As you see a number of individuals getting behind a 0:00:58.720 --> 0:01:01.680 protest full through are power to vote to be able 0:01:01.720 --> 0:01:04.000 to tell President Biden that we are uncommitted to him 0:01:04.280 --> 0:01:07.000 and his administration as they continue to aid in a 0:01:07.040 --> 0:01:08.319 bet in the ongoing genocide and. 0:01:08.360 --> 0:01:11.920 RASA dearborn voter, Lexi z Aidan there and as for 0:01:11.959 --> 0:01:15.680 the Republican primary, former President Trump defeated Nikki Haley there 0:01:15.720 --> 0:01:18.600 by a vote of sixty eight point two percent to 0:01:18.680 --> 0:01:20.800 Haley's twenty six and a half percent. 0:01:21.240 --> 0:01:24.039 Well, Nathan. Back in Washington, there are new signs of 0:01:24.080 --> 0:01:27.320 optimism that Congress can avoid a partial government shut down 0:01:27.319 --> 0:01:29.520 at the end of the week. Here's what House Speaker 0:01:29.600 --> 0:01:32.400 Mike Johnson had to say after meeting with President Biden 0:01:32.440 --> 0:01:34.199 and other leaders at the White House. 0:01:34.440 --> 0:01:37.320 We're very optimistic. I hope that the other leaders came 0:01:37.319 --> 0:01:38.360 out here and told you the same. 0:01:38.680 --> 0:01:40.679 We believe that we can get to agreement on these 0:01:40.680 --> 0:01:42.280 issues and prevent a government shutdown. 0:01:42.600 --> 0:01:45.120 But Speaker Mike Johnson and other leaders are still far 0:01:45.160 --> 0:01:48.440 apart on approving billions of dollars for Ukraine and Israel, 0:01:48.480 --> 0:01:52.080 as well as the US Mexico border. Democratic Senator Elizabeth 0:01:52.120 --> 0:01:54.800 Warren says this standoff does not make sense. 0:01:55.080 --> 0:01:58.360 This is the craziest kind of negotiation you would ever see, 0:01:58.960 --> 0:02:01.840 and that is that, as far as I can tell, 0:02:01.920 --> 0:02:04.120 everybody wants to deal keep the government open. We've all 0:02:04.160 --> 0:02:07.320 agreed on what the numbers are as budget deal, right, 0:02:07.400 --> 0:02:11.360 and everyone's agreed on it, and the Republicans in the 0:02:11.440 --> 0:02:12.560 House are just saying no. 0:02:13.120 --> 0:02:16.160 Senator Elizabeth Warren appeared on Bloomberg's Balance of Power with 0:02:16.240 --> 0:02:19.160 Joe Matthew and Kaylee Lines. Catch more of that conversation 0:02:19.320 --> 0:02:21.040 on the Balance of Power podcast. 0:02:21.280 --> 0:02:23.880 Turning to Wall Street, Karen the biggest name in banking, 0:02:24.000 --> 0:02:27.280 sounds like he's warming to red state Texas over the 0:02:27.320 --> 0:02:30.240 Big Apple. More from Bloomberg's John Tucker. 0:02:30.280 --> 0:02:33.240 And Jamie Diamond, praising the lack of an income tax 0:02:33.320 --> 0:02:36.880 in Texas and its light regulatory touch. After touring a 0:02:36.960 --> 0:02:40.280 worker training facility in Houston, the CEO of New York 0:02:40.320 --> 0:02:43.480 based JP Morgan Chase also criticized some New York elected 0:02:43.600 --> 0:02:46.480 officials as being anti business. He said they were the 0:02:46.520 --> 0:02:49.359 reason Amazon chose not to build a second headquarters here. 0:02:49.400 --> 0:02:53.239 For instance, on JP Morgan's workforce in Texas has now 0:02:53.440 --> 0:02:57.280 surpassed thirty thousand in recent years, while New York's total 0:02:57.320 --> 0:03:00.799 has slipped to less than twenty nine thousand. Companies think 0:03:00.840 --> 0:03:03.600 Texas is the place to be In recent years. Tesla 0:03:03.680 --> 0:03:06.959 and Shns Schwab have moved their headquarters to Texas from California, 0:03:07.280 --> 0:03:11.840 while Caterpillar relocated from Illinois. John Tucker Bloomberg. 0:03:11.400 --> 0:03:14.919 Radio, all right, John, thanks, Well, having five million dollars 0:03:14.960 --> 0:03:18.480 does not crack the top one percent in the US anymore, 0:03:18.520 --> 0:03:20.920 and Bloomberg's Ed Baxter explains. 0:03:20.919 --> 0:03:23.959 It's a moving target upward. It now takes five point 0:03:24.040 --> 0:03:27.240 eight million to join the magic circle of rich. How 0:03:27.360 --> 0:03:31.760 fast is it moving, Well, it's almost fifteen percent more 0:03:31.800 --> 0:03:34.920 than twelve months ago. This according to research from Knight Frank. 0:03:35.520 --> 0:03:39.160 Monaco retains the top spot of the highest threshold worldwide 0:03:39.560 --> 0:03:43.800 at twelve point eight million, Luxembourg and Switzerland. Well one 0:03:43.800 --> 0:03:46.360 needs more than eight million to make the cut. The 0:03:46.440 --> 0:03:49.880 findings underscore how rebounding markets in the US and other 0:03:49.920 --> 0:03:54.600 Western nations are widening the gap between rich and poor countries. 0:03:55.240 --> 0:03:57.560 Ed Baxter, Bloomberg Radio, Okay, and thanks. 0:03:57.840 --> 0:04:01.480 In Company News, Apple is canceling it's decade long effort 0:04:01.520 --> 0:04:04.640 to build an electric car. The multi billion dollar project 0:04:04.640 --> 0:04:07.040 began in twenty fourteen. It would have vaulted Apple into 0:04:07.040 --> 0:04:11.160 a whole new industry. Bloomberg Mark German broke the story. 0:04:11.560 --> 0:04:15.120 This is a bombshell development. This is a very rare 0:04:15.400 --> 0:04:18.800 retreat for Apple. This is a project that they've invested 0:04:19.320 --> 0:04:22.440 over ten billion dollars in They've worked on it for 0:04:22.520 --> 0:04:25.800 over ten years. It's had many fits and starts, It's 0:04:25.800 --> 0:04:27.360 had many directional changes. 0:04:27.600 --> 0:04:31.840 Bloomberg's Mark German reports many of the two thousand employees 0:04:31.960 --> 0:04:35.080 we're currently working on the electric car project are going 0:04:35.120 --> 0:04:38.159 to be shifted to Apple's artificial intelligence division. 0:04:38.680 --> 0:04:42.040 Meanwhile, Nathan Apple is also making news on the legal front. 0:04:42.080 --> 0:04:45.400 Company representatives met last week with the Justice Department, and 0:04:45.480 --> 0:04:47.600 we get more with Bloomberg's Doug Chrisner. 0:04:47.839 --> 0:04:50.000 We're told it was the final bid to persuade the 0:04:50.040 --> 0:04:53.479 DOJ not to file an anti trust lawsuit, and forcer's 0:04:53.520 --> 0:04:57.120 allege Apple has imposed limitations on its iPhones and iPads 0:04:57.320 --> 0:05:00.840 to impede rivals from effectively competing, and the app store 0:05:00.839 --> 0:05:04.680 has come under heavy criticism from both app developers and lawmakers. 0:05:04.960 --> 0:05:08.039 Earlier this month, California ag Rob Bonta said the state 0:05:08.200 --> 0:05:11.239 was in touch with the DOJ about the potential case 0:05:11.360 --> 0:05:14.360 and could join on an eventual complaint. We are told 0:05:14.360 --> 0:05:16.720 the suit is expected in the coming weeks, likely by 0:05:16.760 --> 0:05:17.480 the end of March. 0:05:17.839 --> 0:05:18.360 In New York. 0:05:18.360 --> 0:05:19.839 I'm Doug Krisner, Bloomberg Radio. 0:05:20.160 --> 0:05:22.680 Doug Gapple's not the only company in the Justice Department's 0:05:22.720 --> 0:05:25.760 cross hairs. Bloomberg News has learned the DOJS initiated an 0:05:25.760 --> 0:05:30.400 antitrust investigation into United Health Group. Sources say the problem 0:05:30.480 --> 0:05:33.680 merged out of concerns about United Health's acquisitions of healthcare 0:05:33.720 --> 0:05:37.799 providers and data companies. The company and DOJ both declined 0:05:37.800 --> 0:05:38.280 to comment. 0:05:38.720 --> 0:05:41.239 Well checking some stocks on the move this morning, Nathan 0:05:41.320 --> 0:05:45.080 Shares a Beyond Meat surging fifty five percent. The alternative 0:05:45.080 --> 0:05:49.320 protein maker reported fourth quarter sales that surpassed expectations. The 0:05:49.360 --> 0:05:51.640 company says it'll take a number of actions to find 0:05:51.680 --> 0:05:57.039 a pathway to profitability, including reducing operating expenses, adjusting prices, 0:05:57.080 --> 0:06:00.320 and releasing a new healthier Beyond Burger Care. 0:06:00.240 --> 0:06:02.360 And Shares of eBay are up more than three percent 0:06:02.560 --> 0:06:05.159 in early trading. The company posted a strong holiday quarter. 0:06:05.279 --> 0:06:07.239 We get the story from Bloomberg's Charlie Pellett. 0:06:07.440 --> 0:06:10.320 The company also added two billion dollars to an existing 0:06:10.400 --> 0:06:15.119 stock buyback program, increasing the total repurchase authorization to three 0:06:15.200 --> 0:06:19.839 point four billion dollars. Once an industry pioneer, the San Jose, 0:06:19.960 --> 0:06:23.200 California based company who's been losing US market share for 0:06:23.360 --> 0:06:27.240 years to the likes of Amazon and Walmart, and in 0:06:27.279 --> 0:06:30.360 an effort to be more nimble, eBay announced last month 0:06:30.400 --> 0:06:33.159 that it was cutting one thousand jobs, or about nine 0:06:33.240 --> 0:06:37.159 percent of its full time workforce. In New York, Charlie 0:06:37.160 --> 0:06:39.200 Pellett Bloomberg Radio, all Right. 0:06:39.160 --> 0:06:42.720 Charlie, thanks so, Meta CEO Mark Zuckerberg is in Asia 0:06:42.839 --> 0:06:46.320 making stops from Soul to Tokyo. The billionaire discussed ways 0:06:46.320 --> 0:06:50.440 to deepen metas strategic alliance on extended reality technology with 0:06:50.680 --> 0:06:51.800 LG Electronics. 0:06:52.320 --> 0:06:56.000 We had a good productive conversation about AI and the 0:06:56.000 --> 0:07:00.480 future of technology, and I'm really excited for the work 0:07:00.560 --> 0:07:02.719 that is happening here in Japan. 0:07:03.360 --> 0:07:06.480 Mark Zuckerberg's next stop is India, where he is slated 0:07:06.520 --> 0:07:09.320 to attend the pre wedding celebrations at billionaire Mukash and 0:07:09.360 --> 0:07:10.520 Bonnie's youngest son. 0:07:13.760 --> 0:07:14.880 Time and not to take a look at some of 0:07:14.920 --> 0:07:17.000 the other stories making news in New York and around 0:07:17.040 --> 0:07:19.520 the world with Bloomberg's Michael Barr, Good morning, Michael. 0:07:19.360 --> 0:07:22.600 Good morning. Nathan. Israel animas appear to be inching toward 0:07:22.640 --> 0:07:25.360 a new deal that would freeze some of the roughly 0:07:25.400 --> 0:07:27.960 one hundred and thirty hostages held in the Gaza Strip 0:07:28.280 --> 0:07:31.360 in exchange for a week's long pause in the war. 0:07:31.880 --> 0:07:34.760 President Joe Biden says a deal could go into effect 0:07:34.760 --> 0:07:38.440 as early as Monday. Meanwhile, the UN says a quarter 0:07:38.560 --> 0:07:42.240 of Gaza's population is one step from famine and a 0:07:42.520 --> 0:07:46.000 trucks are being looted by hungry people. The UN Envoy 0:07:46.120 --> 0:07:50.720 for the Observed State of Palestine, Riad Mansour, accused Israel 0:07:50.760 --> 0:07:52.720 of using famine as a weapon of war. 0:07:53.040 --> 0:07:58.160 Sorelli's use of starvation as a method of warfare has 0:07:58.240 --> 0:08:03.000 become one of the main tools and es genocidal arsenal 0:08:03.080 --> 0:08:07.440 against the Palacinian people. This is a fact that cannot 0:08:07.480 --> 0:08:12.200 be ignored and for which there must be immediate accountability. 0:08:12.520 --> 0:08:16.080 US Representative Robert Wood also spoke at the UN Security 0:08:16.080 --> 0:08:16.760 Council meeting. 0:08:17.040 --> 0:08:20.920 It is unconscionable that Hamas fighters continue to embed themselves 0:08:20.960 --> 0:08:25.440 among civilians and civilian infrastructure, including in hospitals and schools. 0:08:25.920 --> 0:08:29.480 We caution that a major ground offensive should not proceed 0:08:29.520 --> 0:08:31.560 in Rafa under the current circumstances. 0:08:32.120 --> 0:08:35.120 US Representative Wood is also calling for the protection of 0:08:35.280 --> 0:08:39.439 UN and humanitarian workers. President Biden will sign an executive 0:08:39.559 --> 0:08:43.920 order today designed to prevent foreign entities from accessing troves 0:08:43.960 --> 0:08:47.960 of Americans' personal data amid worries it could be exploited 0:08:48.000 --> 0:08:52.520 for commercial and military advantage, particularly by China and Russia. 0:08:52.760 --> 0:08:56.120 It appears New York Mayor Eric Adams is behind modifying 0:08:56.160 --> 0:09:00.760 sanctuary city laws. Adams said migrants who commits US crimes 0:09:00.960 --> 0:09:03.240 should be deported and the city should be able to 0:09:03.240 --> 0:09:07.560 communicate with federal ICE agents. However, Adams also supports the 0:09:07.600 --> 0:09:10.000 city's stance on how it treats migrants. 0:09:10.240 --> 0:09:13.440 We met when national leaders who came here and walked 0:09:13.440 --> 0:09:17.240 through what we're doing, and they stated, no one is 0:09:17.320 --> 0:09:19.600 doing what the City of New York is doing. 0:09:19.960 --> 0:09:20.360 No one. 0:09:20.840 --> 0:09:24.000 And they said, you are treating people with the humanitarian 0:09:24.120 --> 0:09:29.600 response and dignity that should be duplicated across the entire country. 0:09:29.640 --> 0:09:32.720 Adams made its comments after forty migrants were found yesterday 0:09:32.760 --> 0:09:36.960 sleeping in a queen's basement behind a furniture store. It 0:09:37.040 --> 0:09:39.600 came after a tip about e bike batteries and a 0:09:39.640 --> 0:09:43.719 potential fire hazard. Voters in Bridgeport, Connecticut elected to keep 0:09:43.800 --> 0:09:46.800 Joe Gadam as mayor. It comes after a judge throughout 0:09:46.840 --> 0:09:51.280 earlier results because of allegations of absentee ballot box stuffing 0:09:51.360 --> 0:09:55.440 during a Democratic primary Gadam defeated a former aide, fellow Democrat, 0:09:55.520 --> 0:09:58.960 John Gomes fifty six percent to forty three percent. Global 0:09:58.960 --> 0:10:01.040 in the English twenty four hours at and whenever you 0:10:01.080 --> 0:10:03.720 want it with Bloomberg News Now, I'm Michael Barr. This 0:10:03.760 --> 0:10:04.720 is Bloomberg NEKTA now. 0:10:04.760 --> 0:10:08.080 Funny mention Bloomberg News Now, Michael, because of course we 0:10:08.120 --> 0:10:10.400 do bring you news throughout the day here on Bloomberg Radio. 0:10:10.480 --> 0:10:12.480 But now you can get the latest news on demand 0:10:12.520 --> 0:10:15.880 whenever you want it by subscribing to Bloomberg News Now. 0:10:15.920 --> 0:10:17.640 It gives you the latest headlines of the click of 0:10:17.679 --> 0:10:19.960 a button, so you can be informed on your schedule. 0:10:20.080 --> 0:10:23.559 Listen and subscribe to Bloomberg News Now on the Bloomberg 0:10:23.600 --> 0:10:27.400 Business App. Listen right on the homepage at Bloomberg dot com, 0:10:27.679 --> 0:10:30.400 or find it on Apple, Spotify or anywhere you get 0:10:30.440 --> 0:10:37.720 your podcasts. Bout time now for the Bloomberg Sports Update, 0:10:37.760 --> 0:10:39.880 brought to you by Tri State out he Here's John 0:10:39.920 --> 0:10:40.880 stash Hour, Thanks. 0:10:40.800 --> 0:10:42.400 Naith, and the next that we're on the floor at 0:10:42.440 --> 0:10:44.720 the Garden. Not the lineup they hoped to have come 0:10:44.760 --> 0:10:47.760 playoff time, but for now, the two All Stars didn't play, 0:10:47.840 --> 0:10:51.240 nor did the top two centers, both starting forward Jamaine injured. 0:10:51.600 --> 0:10:54.120 The depleted next lost of the Pelicans one fifteen to 0:10:54.160 --> 0:10:56.400 ninety two. They shot just thirty seven percent. Since that 0:10:56.520 --> 0:10:59.120 nine game winning stree, Knicks are just three and seven. 0:10:59.160 --> 0:11:01.520 I hos Golden State tomorrow. The Warriors got Chris Paul 0:11:01.600 --> 0:11:04.160 back from injury. They won in Washington. They've won nine 0:11:04.160 --> 0:11:06.280 of the last eleven. The Celtics have won all of 0:11:06.320 --> 0:11:09.720 their last nine, one seventeen ninety nine over Philadelphia, who's 0:11:09.720 --> 0:11:12.600 struggling without Joe LMB for the six Ers twelve losses 0:11:12.920 --> 0:11:15.679 the last sixteen games. Net's got blown out in Orlando. 0:11:15.720 --> 0:11:18.760 They lost one O eight to eighty one Dallas. In Cleveland, 0:11:19.040 --> 0:11:22.480 the MAVs led by a point, quite a fine. Chev's 0:11:22.520 --> 0:11:25.320 out of timeout strew send them mobly back to Max 0:11:25.559 --> 0:11:26.359 half court. 0:11:26.120 --> 0:11:35.599 Shot God, God, Jeff Win, this place is Golledge. 0:11:35.360 --> 0:11:39.760 Crazy, etam the call of Max Struce's game winning sixty 0:11:39.800 --> 0:11:42.680 foot shot. Devils and San Jose scored seven on answer 0:11:42.720 --> 0:11:45.520 and four goals in a fan of four minutes sixteen 0:11:45.600 --> 0:11:47.840 seconds the third period. New Jersey won seven to two. 0:11:48.240 --> 0:11:50.320 Capitol's lost in Detroit eight to three. I went for 0:11:50.360 --> 0:11:52.880 Colorado and Nathan McKinnon. He's got at least one point 0:11:52.880 --> 0:11:55.480 in every ABS home game this season. Rangers look to 0:11:55.520 --> 0:11:57.160 start a new winning streak tonight at the Garden. They 0:11:57.160 --> 0:12:00.320 faced the same Columbus team that beat them Sunday and 0:12:00.520 --> 0:12:03.560 the Rangers club record tying ten game win stream. Two 0:12:03.640 --> 0:12:06.880 college basketball games last night were delayed at Indiana fire 0:12:06.920 --> 0:12:09.160 alarms went off they had to evacuate the arena. In 0:12:09.200 --> 0:12:12.360 a Texas Tech fans through bottles onto the court after 0:12:12.400 --> 0:12:14.280 a hard foul by a Texas player. And in the 0:12:14.360 --> 0:12:17.360 Cactus League, first time Shoeo Tommy played the Dodgers and 0:12:17.440 --> 0:12:20.720 sure enough he's seven hundred million dollar man hit a 0:12:20.720 --> 0:12:21.120 home ruck. 0:12:21.200 --> 0:12:24.880 John Stashaware, Bloomberg Sports DEEPA okay, John, Thanks, Let's get 0:12:24.960 --> 0:12:27.480 right back now to our top stories this morning. President 0:12:27.480 --> 0:12:30.040 Biden and former President Trump are inch and closer to 0:12:30.080 --> 0:12:32.960 a twenty twenty four rematch after the Michigan primary, and 0:12:33.120 --> 0:12:35.520 Congress maybe inch and closer to a voting a partial 0:12:35.559 --> 0:12:39.080 government shutdown following a leader's meeting at the White House. 0:12:39.160 --> 0:12:41.200 For more on all this, we're joined by Laura Davison, 0:12:41.280 --> 0:12:45.040 Deputy Politics editor for Bloomberg News. So it was runaway 0:12:45.120 --> 0:12:48.480 victories for both presidents Biden and Trump in Michigan. But 0:12:48.559 --> 0:12:51.360 there's been a lot of focus, Laura on this uncommitted 0:12:51.480 --> 0:12:55.760 vote on the Democratic side, This protest vote seems pretty 0:12:55.840 --> 0:12:57.880 significant after the results last night. 0:12:58.559 --> 0:13:00.640 Yeah, about thirteen percent of the vote that came in 0:13:01.040 --> 0:13:04.200 was uncommitted, you know, not choosing Joe Biden nor any 0:13:04.240 --> 0:13:07.280 of the alternatives Dean Phillips or Mary and Williamson on 0:13:07.320 --> 0:13:10.640 the ballot. So this is a warning sign for the 0:13:10.640 --> 0:13:13.520 Biden campaign. It doesn't you know, affect the primary, it 0:13:13.520 --> 0:13:16.600 doesn't affect the delegates, but what it can do is, 0:13:17.000 --> 0:13:19.160 you know, really show Biden where his weaknesses are in 0:13:19.200 --> 0:13:23.000 a very key swing state going into twenty twenty four. 0:13:23.320 --> 0:13:25.640 This is a state that Biden won in twenty twenty 0:13:26.280 --> 0:13:30.000 and Trump won in twenty sixteen, and so Michigan as 0:13:30.000 --> 0:13:33.600 well as sort of Pennsylvania and Wisconsin, those states all 0:13:33.640 --> 0:13:35.680 there in the Upper Midwest are seen as sort of 0:13:35.679 --> 0:13:39.119 critical to twenty twenty four. And having this relatively significant 0:13:39.120 --> 0:13:42.000 portion of the vote, you know, kind of lodged this 0:13:42.120 --> 0:13:45.160 protest vote against Joe Biden, you know, is a worrying side. 0:13:44.920 --> 0:13:48.200 For his campaign and the campaign behind this. Listen to 0:13:48.240 --> 0:13:53.040 Michigan was focused specifically on President Biden's stand on the 0:13:53.080 --> 0:13:56.880 war in Gaza. Could that point to a potential vulnerability 0:13:57.240 --> 0:13:59.760 in a likely rematch with President Trump in November. 0:14:00.760 --> 0:14:03.439 Yeah, this has been you know, an issue for both 0:14:03.520 --> 0:14:06.600 Arab American voters, which there's a sizable population in Michigan, 0:14:06.880 --> 0:14:09.160 as well as a lot of young voters. You know, 0:14:09.200 --> 0:14:12.320 it's unclear exactly how big of a deal this will play, 0:14:12.640 --> 0:14:16.000 you know, looking down eight months down the road. In November, 0:14:17.080 --> 0:14:21.000 typically voters have voted more on domestic issues, things like immigration, 0:14:21.160 --> 0:14:24.640 the economy, rather than foreign policy. But because of the 0:14:24.640 --> 0:14:27.480 personal nature of this issue for many Americans as well 0:14:27.520 --> 0:14:30.280 as just the amount of the response and how you know, 0:14:30.360 --> 0:14:32.400 top of mind, this has been this could be an 0:14:32.400 --> 0:14:34.680 issue or for President Biden in the fall. 0:14:35.040 --> 0:14:37.560 And as for former President Trump, he did defeat Nikki 0:14:37.600 --> 0:14:40.520 Haley by more than forty percentage points, I think, but 0:14:41.120 --> 0:14:44.400 there's still a fairly significant vote for Nikki Haley. What 0:14:44.440 --> 0:14:47.040 does that say about his potential in November. 0:14:48.200 --> 0:14:50.320 Yeah, So Haley you know, only got a little bit 0:14:50.320 --> 0:14:52.480 over a quarner of the vote in Michigan, and that's 0:14:52.560 --> 0:14:55.160 less well than she has done both in New Hampshire 0:14:55.160 --> 0:14:58.320 and South Carolina before this, But as you noted, it's 0:14:58.320 --> 0:15:00.960 still a significant portion of the vote. You know, it's 0:15:01.000 --> 0:15:03.800 not enough to win. It's not enough, you know, to 0:15:04.160 --> 0:15:06.000 show that she sort of has momentum to beat Trump 0:15:06.080 --> 0:15:07.760 at this point, but it shows that there's you know, 0:15:07.840 --> 0:15:11.000 about one in four Republicans are not happy with Trump 0:15:11.560 --> 0:15:13.560 and are you know, worried about you know, the variety 0:15:13.560 --> 0:15:15.800 of risks he brings to the ticket. You know when 0:15:15.800 --> 0:15:19.400 those legal his policies, and you know, this is really 0:15:19.560 --> 0:15:21.160 you know where you saw the Haley vote come in 0:15:21.240 --> 0:15:22.920 or some of these key areas that that you know, 0:15:23.000 --> 0:15:26.480 may decide the twenty twenty four election, places like the suburbs, 0:15:26.560 --> 0:15:29.000 women as well as college educated voters. 0:15:29.600 --> 0:15:31.720 Our last minute, Laura, what can we say about the 0:15:31.960 --> 0:15:34.160 odds of a potential government shutdown at the end of 0:15:34.200 --> 0:15:37.680 the week. Following that White House meeting with the congressional 0:15:37.720 --> 0:15:40.200 leaders yesterday, Those. 0:15:39.960 --> 0:15:42.200 Are ticking down slightly. There was a meeting with the 0:15:42.200 --> 0:15:45.040 top congressional leaders yesterday at the White House. You know, 0:15:45.080 --> 0:15:47.800 they don't have a deal yet, though there are is 0:15:47.920 --> 0:15:50.960 talk of some sort of short term continuing resolution as 0:15:51.000 --> 0:15:53.440 would basically kick the can down the road. So instead 0:15:53.440 --> 0:15:56.320 of having a deadline on Friday and next Friday, those 0:15:56.400 --> 0:15:58.600 deadlines would be moved to next Friday and then later 0:15:58.600 --> 0:16:01.400 in March. So we you know, will a Burg a 0:16:01.440 --> 0:16:03.080 shutdown for right now? That would mean that, you know, 0:16:03.160 --> 0:16:04.920 we would be on that cliff, you know, just a 0:16:04.920 --> 0:16:05.880 couple of days down the road. 0:16:07.840 --> 0:16:10.880 This is Bloomberg Daybreak Today, your morning brief on the 0:16:10.920 --> 0:16:14.360 stories making news from Wall Street to Washington and beyond. 0:16:14.640 --> 0:16:17.400 Look for us on your podcast feed at six am 0:16:17.480 --> 0:16:21.120 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:21.200 --> 0:16:22.360 get your podcasts. 0:16:22.480 --> 0:16:25.200 You can also listen live each morning starting at five 0:16:25.240 --> 0:16:27.880 am Wall Street time on Bloomberg eleven three to zero 0:16:27.880 --> 0:16:30.680 in New York, Bloomberg ninety nine to one in Washington, 0:16:30.840 --> 0:16:33.720 Bloomberg one oh six to one in Boston, and Bloomberg 0:16:33.800 --> 0:16:35.480 nine sixty in San Francisco. 0:16:35.840 --> 0:16:39.000 Our flagship New York station is also available on your 0:16:39.040 --> 0:16:44.480 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. 0:16:44.520 --> 0:16:48.080 Listen coast to coast on the Bloomberg Business app, SERIUSXMVI 0:16:48.240 --> 0:16:52.320 iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager. 0:16:52.080 --> 0:16:55.200 And I'm Karen Moscow. Join us again tomorrow morning for 0:16:55.360 --> 0:16:57.840 all the news you need to start your day right 0:16:57.880 --> 0:17:03.520 here on Bloomberg Daybreak. He