17 Burst results for "Trevor Bickford"
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"7 on Wall Street. Now 49° in Central Park. Apache fog this morning, it's going to stay cloudy and cooler today with highs in the low 50s. Maybe a shower tonight will get down to the low 40s, and Michael Barr is here now with what else is going on in New York and around the world. Good morning, Michael. Good morning, Nathan. Pope Francis delivered the homily at the funeral mass for former Pope Benedict. In Italian Pope Francis said Benedict may your joy be complete as you hear his voice. Mourners gathered in Saint Peter's square outside the Vatican today where Benedict is being laid to rest. George Mason university professor Helen Alvarez spoke about Benedict's legacy. I think he's a model of humility and modesty. He was definitely a servant of the church. He didn't want to come to Rome. He wanted to stay in Germany and remain a theologian. He didn't want to be head of the office of doctrine, but John Paul two really twisted his arm. And he really did not want to be Pope. He thought, you know, he was not great enough for it. Benedict would be buried in the crypt under St. Peter's Basilica. President Joe Biden says he intends to visit the U.S. Mexico border next week for a firsthand look at conditions as his administration contends with a surge in migration. Biden has already scheduled to travel to Mexico next week to meet with the presidents of Mexico and Canada. He wanted violence, that's what investigators in New York City say about Trevor bickford arrested for allegedly attacking three police officers near Times Square on New Year's Eve. The 19 year old from Maine was arraigned yesterday and charged in the machete attack. It's a war of words between New York City mayor Eric Adams and former mayor Bill de Blasio's administration. Adams is calling on his predecessor to stop his team from criticizing the current administration. I call Bill the other day. I said Bill, what's going on? What's going on? And then the bills comes guy who's probably the roast comms guy in the history of communication. Adams is talking about de Blasio's former spokesperson Bill nihart, who has been increasingly critical of atoms on Twitter. Adams said they had 8 years to do their job once they're gone, their experts
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Com. Air traffic is being slowed in Florida due to a huge computer malfunction. The FAA says air traffic control issues are triggering hours long flight delays to most of Florida's airports. Miami international, Fort Lauderdale Hollywood international and Orlando international airports are all reporting delays. The FAA says the commuter issues are being resolved. The man accused of stabbing and killing four university of Idaho students plans to wave extradition. Brian co burger's attorney said on Saturday that waving extradition to Idaho is a procedural issue. Co burger was arrested last week in Pennsylvania his home state, NBC News reports a big crack in the case came from DNA, specifically genetic genealogy, a 19 year old main man is being charged with attempted murder after allegedly attacking three New York City police officers and Times Square on New Year's Eve. The suspect Trevor bickford remains hospitalized after being shot in the shoulder, while the three officers have all been released from the hospital. I'm Tammy trujillo. Adam dived in these Pellegrini and the Bloomberg newsroom. They've closed the books on 2022. It's a new trading year and some including Michael purvis, CEO of tal Beck and capital adviser is probably glad to put the toughest year for the S&P 500 since the financial crisis behind them. From 2022, when I certainly got raw and coming into it, was the persistence of inflation, which I underestimated inflation, which means I underestimated rates, which means I overestimated the PE that the S&P 500 would maintain. And purpose with us there on Bloomberg radio, rebound for stocks in Europe, the German Dax gaining more than 1% and in Paris, the Kaka almost 1.9% London closed for the long weekend holiday in Asia, South Korea's Cosby slipped about a half a percent as a country limits travelers from China on COVID concerns travel stocks getting especially hard hit. Tesla's stock to watch as we head to the U.S. open tomorrow, the EV maker delivering a record number of vehicles last quarter, but still missed estimates. Investors in the U.S. on inflation alert, with the next fed meeting in February, and the monthly jobs data coming out this Friday. And then all the carnage on Wall Street in 2022, drug maker Merck actually had its best yearly gain in more than two decades, more from Bloomberg's Charlie pellet. Denise Merck was the top performing drug maker in the S&P 500 in 2022 as investors rewarded the company for strong earnings and upbeat clinical trial data, the stock gained 44% last year and is now trading at a record as the maker of the blockbuster cancer drug keytruda, an HPV vaccine gardasil got a boost from the companies solid earnings results. Denise? Thank you, Charlie. The fitness business bulking up for a fresh wave of business. Jim's across country, prepping for those new year's resolution memberships. West Jones has been managing gyms for over a decade. He says when people decide to pump up Jim's need to staff up. We have been taking the past couple of weeks to make sure that we're going to be properly staffed and that everybody's trained and ready for the influx. And John's manages a team at club four fit in Birmingham, Alabama
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"A main man is facing charges of attempted murder after allegedly attacking three New York City police officers with a knife in Times Square on New Year's Eve. All three officers are out of the hospital, the suspected attacker, 19 year old Trevor bickford, remains hospitalized after being shot in the shoulder. Sources tell the New York Post that wickford was already on the FBI's watch list after recently being radicalized. The man accused of stabbing and killing for university of Idaho students plans to waive extradition. Bryan co burger's attorney, chief public defender, Jason lebar, says co burger's parents are supporting their son. They're trying to stay off of the media. What they're hearing is not the Brian. They know and love. So it's really out of character. Labar said on Saturday that waving extradition to Idaho is a procedural issue. 28 year old coburger was arrested last week in Pennsylvania, his home state. Next extradition hearing is set for tomorrow. U.S. senator Richard blumenthal is calling for airline reform, after Southwest Airlines, canceled and delayed a huge number of flights. The Connecticut Democrat is proposing a passenger Bill of rights, which would require airlines to provide refunds and fair compensation after flight delays caused by the airline. Between 2020 and 2022, California's homeless population expanded more than in any other state. As according to the latest census data, which shows that the homeless population in the state grew by nearly 10,000 in that span, raising the total to over 170,000. California also accounted for nearly the entire national increase between 2020 and 2022. The Powerball jackpot continues to grow tonight's jackpot in the multi state lottery game will be worth at least 265 million, as for Tuesday's mega millions jackpot. That will be worth at least $785 million. Nearly all winners take the cash option which for tomorrow's drawing would be an estimated 395 million. I'm Tammy trejo. It's a new year, and that means a host of new laws in states and cities across the country are now in effect. Michael kasner reports. 27 states will see minimum wage increases in 2023, the minimum wage in Washington state will increase to $15, 74 cents. That's the highest rate in the U.S.. Meanwhile, California and Washington will now require employers to share information about their salaries to prospective employees beginning January 1st. And Maryland and Missouri will be the latest states to offer legalized recreational marijuana. On Michael castner. Daniel dry January challenge is underway. Psychologists and healthcare providers say dry January offers a reprieve a reset and a chance reflect on the influence alcohol can have on a person's life. It's a day for people to vow to trade the haze of a hangover for 31 days of mental clarity, doctors say the train can offer a range of health benefits, including feeling more alert and well rested. They say it's really about examining your relationship with alcohol. Former president Trump is blaming the issue of abortion for Republicans falling short of expectations in November's midterm elections. Mark Mayfield with the details. In a post on truth social Sunday, Trump noted that many in the GOP handled the issue poorly, especially those who firmly insisted on no exceptions to bans on the procedure. It also defended himself, saying he's not to blame for the party's performance. Exit polls showed abortion was among the most important issues for voters in the midterms, along with inflation. I'm Mark Mayfield. Several thousand New Yorkers are patting themselves on the back today. After they participated in Coney Island's annual polar bear plunge, they took to the Atlantic Ocean, New Year's Day, buoyed by balmy 50° weather. The water off Brooklyn's Luna park was just 43°, but polar bears said the icy dip was worth it. The annual plunge dates back 120 years, its annual fundraiser for charities, and it helps to usher in the new year. I'm Tammy trujillo. And dived in these Pellegrini and the Bloomberg newsroom. They've closed the books on 2022. It's a new trading year and some including Michael purvis, CEO of tal bec and capital adviser, is probably glad to put the toughest year for the S&P 500 since the financial crisis behind them. From 2022, what I certainly got wrong coming into it was the persistence of inflation, which I underestimated inflation, which means I underestimated underestimated rates, which means I overestimated the PE that the S&P 500 would maintain. And purpose with us there on Bloomberg radio, rebound first stocks in Europe, the German Dax gaining more than 1% and in Paris, the cat cup almost 1.9% London closed for the long weekend holiday. In Asia, South Korea's Cosby slipped about a half a percent as a country limits travelers from China on COVID concerns travel stocks getting especially hard hit. Tesla's stock to watch as we head to the U.S. open tomorrow, the EV maker delivering a record number of vehicles last quarter, but still missed estimates. Investors in the U.S. on inflation alert, with the next fed meeting in February, and the monthly jobs data coming out this Friday. And then all the carnage on Wall Street in 2022 drugmaker Merck actually had its best yearly gain in more than two decades, more from Bloomberg's Charlie pellet. Denise Merck was the top performing drug maker in the S&P 500 in 2022 as investors rewarded the company for strong earnings and upbeat clinical trial data, the stock gained 44% last year and is now trading at a record as the maker of the blockbuster cancer drug keytruda, an HPV vaccine gardasil got a boost from the companies solid earnings results. Denise? Thank you, Charlie. The fitness business bulking up for a fresh wave of business. Jim's
Bloomberg Radio New York - Recording Feed
"trevor bickford" Discussed on Bloomberg Radio New York - Recording Feed
"Always appreciate their thoughtful coverage and reporting. And that wraps up the first hour of the weekend edition of Bloomberg businessweek from Bloomberg radio, I'm Carol massar, to the back with me as we take a dive in the next hour down the big tech, rabbit hole. I had no next hour, Elon and Tesla, Mehta and Mark, Evie explosions and a museum in the desert for the lucky few. Tekken pursuits, they're coming up next in our holiday weekend edition of Bloomberg business week. This is Bloomberg. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. A main man is facing charges of attempted murder after allegedly attacking three New York City police officers with a knife in Times Square on New Year's Eve. All three officers are out of the hospital, the suspected attacker, 19 year old Trevor bickford, remains hospitalized after being shot in the shoulder. Sources tell the New York Post that bickford was already on the FBI's watch list after recently being radicalized. The man accused of stabbing and killing for university of Idaho students plans to waive extradition. Brian co burger's attorney, chief public defender, Jason lebar, says co burger's parents are supporting their son. They're trying to stay off of the media. What they're hearing is not the Brian. They know and love. So it's really out of character. Lebar said on Saturday that waving extradition to Idaho is a procedural issue. 28 year old coburger was arrested last week in Pennsylvania, his home state. Next tradition hearing is set for tomorrow. U.S. senator Richard blumenthal is calling for airline reform, after Southwest Airlines, canceled and delayed a huge number of flights. The Connecticut Democrat is proposing a passenger Bill of rights, which would require airlines to provide refunds and fair compensation after flight delays caused by the airline. Between 2020 and 2022,
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"York City police officers are now out of the hospital after being attacked in Times Square on New Year's Eve. Police say 19 year old Trevor bickford of Maine is in custody after he allegedly swung a large knife at the officers, leaving one with a skull fracture and another with a bad cut, investigator sabic Ford had terrorist related propaganda in his backpack, sources tell the New York Post bickford was already on the FBI's watch list. It's a new year and that means a host of new laws in states and cities across the country are now in effect. 27 states will see minimum wage increases in 2023, the minimum wage in Washington state will increase to $15 and 74 cents, the highest in the nation. Earth wind and fire drummer Fred white has died. White joined his siblings in the band in 1974 and contributed to breakout hits like shining star and Saturday night. He left earth wind and fire in the early 1980s, but returned for their induction into The Rock and Roll Hall of Fame in 2000. I'm Tammy trejo. And died to these Pellegrini in the Bloomberg newsroom. Tesla announcing it sold a record of more than 405,000 vehicles worldwide last quarter, but that is still way less than the expected more than 420,000. European stocks starting the new year are higher. In Germany, the Dax up more than 1% had in Paris, the cat cup almost 1.9%. European natural gas starting out the year lower on mild weather and ample supply. Europe continuing to seek alternatives for Russian natural gas. So that's a trend that will continue this year. And Rita sun is director of research at energy aspects. I do think your past made up its mind. It is no longer going to go back to Russian gas regardless of what happens with the war. It very much is now focusing on green energy and on alternative gas analyst sources for that matter. It's doing deals with the Middle East and Middle Eastern countries because you just can not rely on Russia after what has happened over the course of the ship. And San with us there on Bloomberg radio. Meantime as the inflation fighting continues in 2023, Israel has just raised its benchmark rate to an expected 3.75%. And speaking of inflation and rising prices, if you look at agricultural commodities, they actually notch the longest run of annual gains since at least the 1990s last year. More on that from Bloomberg's Charlie pellet. Denise drought and war cut production and eroded inventories keeping global food inflation simmering. The Bloomberg agriculture spot index which tracks 9 of the world's top selling corn products was up about 6 and a half percent, the fourth straight yearly increase. That's boosted the cost to bake bread, feed animals, and biofuels exacerbating world hunger and compounding the global cost of living crisis. Denise? Thank you, Charlie. And inflation pressures and focus on Wall Street this week, the December jobs report comes out Friday. We'll be tracking developments with the live here on Bloomberg radio Friday morning at 8 30 Wall Street time with headlines in a close up look at what the jobs report signals about the fed's rate hikes. And the business of education, U.S. news and World Report, revamping part of its law school rankings. That's after some schools started refusing to participate and that's all according to Dow Jones. And was what if your new year's resolutions to get out more? Because the 2022 outdoor travel boom well, it is expected to continue in the new year. More from Bloomberg's Tracy John key. U.S. and Canadian campsites hosted a record number of visitors last year. The owner of many of those campgrounds predicts 2023 will bring a fresh wave of outdoor adventurers. Many won't exactly be roughing it, KLA is expanding its upscale glamping brand called Tara more to more sites in the northeast and by next year, Tara Morris derive in the southwest. I'm Tracy John key, Bloomberg radio. Thank you, Tracy. And global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom, I'm Denise Pellegrini. This is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest edition of the balance of power podcast, a conversation with doctor Asha sha of Stanford health about what we can expect from COVID in the new year. Yeah, unfortunately, as each new to booster comes out and be recommendations come out, I think some of these things get a little bit more confusing, but the bottom line is now that there is only one booster available. It came out in September. It's changed from the original formulation of the COVID shot and that it covers the omicron variants that are circulating in the community. So it is recommended to get that updated booster to be up to date and to protect folks from getting severely ill from the COVID strains that are circulating right now. One of the things that we've seen some evidence of is shortage of some medications. I mean, internationally, antibiotics as I understand it are short. We also have some flu medications that are short. And maybe even some over the counter. Correct. So we have been hearing reports of local areas that have shortages of Tamiflu, which is the antiviral medication that is used to treat influenza. However, there's not nationally a shortage. What we do recommend for physicians and practitioners is to use those antiviral medications and reserve them for individuals who are at severe at risk for severe disease from influenza. So those that have other medical conditions, lung conditions for conditions, we also give Tamiflu to everyone that's hospitalized with influenza as well. There has been a shortage of amoxicillin, which is a common antibiotic use, especially in the pediatric population. Again, because of the increase in respiratory viruses that we've been seeing in children and then those children being prone to getting bacterial infections that we would
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Of killing four university of Idaho students plans to wave extradition. Brian kober's attorney, chief public defender Jason levar, said on Saturday that waving extradition to Idaho is a procedural issue. A former neighbor of coburger, who doesn't want to be identified, said he was polite and normal, but often made strange noises, cleaning, or using tools in the middle of the night. It suggests very loud sound. So we cut out weaker stuff and then sometimes I just think, okay, what is happening? 28 year old co burger is a Washington state university graduate student. Three New York City police officers are now out of the hospital after being attacked in Times Square on New Year's Eve. Scott Pringle reports. The officers are expected to make a full recovery. One of them suffering a skull fracture and another a bad gash to the head, sources tell the New York Post, the suspect 19 year old Trevor bickford of Maine was recently radicalized authorities found terrorist related propaganda in his backpack, police shot him in the shoulder after he allegedly attacked officers with a machete, not far from the security zone, set up for weapons screening for the times squared years eve celebration. Scott Pringle, New York. Part of the new $1.7 trillion federal budget will include $350 million for a new icebreaker to fight ice dams in the Great Lakes. The U.S. coast guard has just one heavy icebreaker called the mackinaw that is used primarily in the straits of mackinaw between the lakes, Michigan, and Huron, the ship not only breaks up ice jams that lead to flooding, but also provides necessary shipping lanes for Great Lakes freighters. Tennis great Martina Navratilova is battling two types of cancer. One is breast cancer a disease that threatened her life 13 years ago, the other is throat cancer. The 66 year old check native who won 18 Grand Slam singles titles during her tennis career says both cancers are considered early stage, Navratilova calls the diagnosis a double whammy, but says it's still fixable. She plans to begin treatment this month. I'm Tammy trujillo. Today is Patrick Leahy's final full day as a member of the U.S. Senate. The 82 Vermont Democrat did not seek reelection in November after serving 8 terms in the Senate. Congressman Peter Welch takes over for a Leahy tomorrow after he was elected to replace him in November, lay he was first elected to the Senate in 1974. He's been the most senior member of Congress since last march. Oscar nominated actor Jeremy Renner is reported to be in critical, but stable condition after a snow plow accident, Mark Mayfield has the story. Renner's rep says the 51 year old actor was involved in a weather related accident while plowing snow on Sunday at his home in the Sierra Nevada mountains west of Reno. His rep said renner's family is with him and he is receiving excellent care. Renner is best known for playing Hawkeye in the Marvel Cinematic Universe in Thor and The Avengers. It was nominated for Academy Awards for his performance in the hurt locker and the town. He's currently starring in the paramount plus series mayor of Kingstown. A mark Mayfield. A unique parade celebration was held in central Virginia yesterday, Richard stelling has more. An unusual New Year's Day tradition continues in Richmond, the 15th annual Cary town cone parade was held yesterday on Kerry street. Thus taking part put on Kong costumes while prizes were awarded for best design, parade Marshall Nick Glasgow says cones channeled the spiraling energy of nature. He also tells a news the parade doesn't make any logical sense, but at the time of fun and wild creativity, I am Richard stelling. Prince Harry is losing support among the British following the release of his Netflix docuseries, Harry and Meghan. A recent poll conducted by YouGov in the UK, found that almost half of the respondents think the Duke of Sussex should have his royal title taken away. According to the poll, 44% said it should be removed while 32% thought he should retain it, the public's opinion of Harry and Meghan slumped after the docuseries was released with 23%, saying they now think worse of the couple. Just 7% of the respondents said it made them think better of the two. I'm Tammy trujillo. Adam died in these Pellegrini and the Bloomberg newsroom. They close the books on 2022. It's a new trading year and some including Michael purvis, CEO of tile back in capital adviser is probably glad to put the toughest year for the S&P 500 since the financial crisis behind them. From 2022, when I certainly got raw and coming into it, was the persistence of inflation, which I underestimated inflation, which means I underestimated rates, which means I overestimated the PE that the S&P 500 would maintain. And purpose with us there on Bloomberg radio, rebound first stocks in Europe, the German Dax gaining more than 1% and in Paris, the Kaka almost 1.9% London closed for the long weekend holiday. In Asia, South Korea's Cosby slipped about a half a percent as a country limits travelers from China on COVID concerns travel stocks getting especially hard hit. Tesla is stock to watch as we head to the U.S. open tomorrow. The EV maker delivering a record number of vehicles last quarter, but still missed estimates. Investors in the U.S. on inflation alert, with the next fed meeting in February, and the monthly jobs data coming out this Friday. And then all the carnage on Wall Street in 2022, drug maker Merck actually had its best yearly gain in more than two decades, more from Bloomberg's Charlie pellet. Denise Merck was the top performing drug maker in the S&P 500 in 2022 as investors rewarded the company for strong earnings and upbeat clinical trial data, the stock gained 44% last year and is now trading at a record as the maker of the blockbuster cancer drug keytruda, an HPV vaccine gardasil got a boost from the companies solid earnings results. Denise? Thank you, Charlie. The fitness business bulking up for a fresh wave of business. Jim's
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Scott Pringle reports. Well, the officers are expected to make a full recovery. One of them suffering a skull fracture and another a bad gash to the head, sources tell the New York Post, the suspect 19 year old Trevor bickford of Maine was recently radicalized authorities found terrorist related propaganda in his backpack. Police shot him in the shoulder after he allegedly attacked officers with a machete, federal officials are investigating the weekend death on a grounds worker at an Alabama airport, the NTSB said the worker at Montgomery regional airport was killed after he was sucked into the engine of an airplane. It happened Sunday afternoon. And in previews for two interviews set to air Sunday, prince Harry says there's been absolutely no willingness to reconcile on the part of the royal family as well as accusations they refuse to speak privately to him. The interviews will appear on CBS 60 minutes and Britain's ITV X I'm Michael Cassidy. Adam died in these Pellegrini and the Bloomberg newsroom. They've closed the books on 2022. It's a new trading year and some including Michael purvis, CEO of tile back in capital adviser is probably glad to put the toughest year for the S&P 500 since the financial crisis behind them. From 2022, what I certainly got wrong coming into it, you know, what's the persistence of inflation, which I underestimated inflation, which means I underestimated rates, which means I overestimated the PE that the S&P 500 would maintain. And purvis with us there on Bloomberg radio. Rebound for stocks in Europe today, the German decks gaining just about 1% and in Paris. The cat getting almost 1.8% London closed for the long holiday weekend. In Asia, South Korea's Cosby is slipping about a half percent. The country limiting travelers from China on COVID concerns travel stocks got hard hit. Investors in the U.S. on inflation alert, with the next fed meeting in February, and the monthly jobs data coming out this Friday. The wage component could show average hourly wages jump 5% in December from a year ago. And then all the carnage on Wall Street in 2022, drug maker Merck actually had its best yearly gain in more than two decades, more from Bloomberg's Charlie pellet. Denise Merck was the top performing drug maker in the S&P 500 in 2022 as investors rewarded the company for strong earnings and upbeat clinical trial data, the stock gained 44% last year and is now trading at a record as the maker of the blockbuster cancer drug keytruda, an HPV vaccine gardasil got a boost from the companies solid earnings results. Denise? The fitness business bulking up for a fresh wave of business. Jim's across country, prepping for those new year's resolution memberships. Wes Jones has been managing gyms for over a decade. He says when people decide to pump up gyms, need to staff up. We have been taking the past couple of weeks to
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Really runs the gamut. Oh, there's something for everyone. I mean, I get on and look, I mean, Chris knows I've been a little bit obsessed with old Corvettes, like C three Corvettes. You can get on and find an old Corvette for 10,000 bucks. You can look for old Broncos, you can look for old BMW wagons, which actually are kind of going up in value. You could there's something for everyone again, and I think that's why it's so popular. Even if you're not actively fitting, you kind of think you could because not everything is that expensive. And it's really fun to get on and just live vicariously through whatever auction you're following at the moment. What's really cool is it sounds like that's why this individual, the founder of the company. The Bloomberg 50 on the list this year. Yeah, I am really happy that he has been on the list because the point of the Bloomberg 50 is to really highlight people who have upended their industries and Randy really did that, you know, he comes from he worked at a BMW dealership in Northern California and he and some friends were sort of just trading car listings back and forth to each other, which is kind of how this idea was born and he has really transformed the industry. Like I said, with something that is really accessible, easy, you get instant gratification and it has forced the other auction houses like RM Sotheby's bottoms to come up with their own ways of selling cars online. He really showed this is a lucrative endeavor and it's forced the other guys to kind of hurry up and follow suit. All right, wrap and around. Yes or no. How do you buy a car this year? This coming year? No, I can't. I already bought two. I bought one last year. Chris rouser? No, no. I just need a vehicle that can transport a toddler and I already have that. Tim? No way. All right, I'm happy with this. Will you? I don't know. I've got a 19 year old is like, I got my license. It's time for a car. So we'll see. TBD, TBD. Guys, thank you so much. Happy new year. Happy holidays. Our thanks to Bloomberg pursuits auto commas, Hannah Elliott, for all of our great work. We love reading our columns this year and we look forward to what's to come in 2023. Still to come on Bloomberg business week, Chris rouser sticking with us. We're gonna dive into the even and pricier world of fine art. This is Bloomberg. Mister favorite Bloomberg radio show, Bloomberg businessweek, masters in business, Bloomberg intelligence, and more are also available as podcasts. Listen today on Apple Spotify and anywhere else you get your podcast. The New York City police officers are recovering after being attacked in Times Square on New Year's Eve, police say 19 year old Trevor bickford of Maine is in custody after allegedly swung a large knife at the officers, leaving one a rookie cop just on duty since Friday with the skull fracture and another with a bad cut, Kathy park reports. Law enforcement officials sell NBC News, bickford arrived in New York City by Amtrak on Thursday, adding he had a backpack that included personal writings, terrorist propaganda, a pocket knife, and $200 in cash. From his hospital bed this weekend, authorities say he made a pro jihadi statement. The man accused of murdering four university of Idaho students plans to waive extradition, Brian coburger allegedly stabbed and killed the students in a house near the Moscow campus back in November. The 28 year old Washington state university grad student was arrested last week in his home state of Pennsylvania. U.S. markets will be closed today to mark the new year. I'm Michael Cassini. I'm dying to these Pellegrini in the Bloomberg newsroom. European stocks are higher on this first trading day of the year. In Germany, the Dax is up just about 1% and in Paris, the cac is up about 1.7%. China is the economy likely contracted last quarter. China beige book international saying the countries manufacturing services and property sectors all week in sharply because of COVID disruptions. And China beige book says metrics for property sectors plunge to close to an all time low. The report says this all means GDP likely contracted last quarter and for the entire year only expanded 2%. But this could also mean China can put these slowed down behind it faster early signs are as lockdown seeds. We could already be seeing a pickup. The head of Europe's Central Bank says more action is needed to curb price expectations. He says more monetary action is needed. In the U.S., rising concerns the fed could be taking inflation fighting too far. But on the other hand, some think the fed needs to keep it up, including David sowerby, portfolio manager at Cora advisers. Frankly, the fed still needs to do more work. There aren't enough monetarists at the Federal Reserve board that recognize that inflation is and always will be a monetary event. And so will be with us there on Bloomberg radio. The fed meets early February policymakers may be keeping a close eye on the December jobs report coming out Friday. Average hourly wage component of that job report is something to watch in particular. Those wages expected to have increased 5% from a year ago. It's getting tougher for automakers to put the pedal to the metal. Carmakers spent the last year fighting for a bigger share of a smaller overall vehicle, sales number, more from Bloomberg's Tracy John key. Cox automotive says that when the final new car sales of 2022 are tallied, General Motors will come out on top, sending the previous years top seller, Toyota, to second place. Both carmakers are on top of a smaller pile, Cox's estimating full year sales and just under 14 million in the U.S., down from 15 million in 2021, Tracy jonke, Bloomberg radio and Q Tracy. And in the air Southwest Airlines flights, returning to normal. The airline pledging and
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"App and Bloomberg dot com. The man accused of stabbing and killing four university of Idaho students plans to waive extradition. Brian kober's attorney, chief public defender Jason lebar says, co burger's parents are supporting their son. They're trying to stay off of the media. What they're hearing is not the Brian day know and love. So it's really out of character. Coburger was arrested last week in Pennsylvania, his home state. Three New York City police officers are now out of the hospital after being attacked in Times Square on New Year's Eve. Police say 19 year old Trevor bickford of Maine is in custody after he allegedly swung a large knife at the officers leaving one with a skull fracture, another with a bad cut, investigators say the suspect had terrorists related propaganda in his backpack and was known to police. Twitter is facing a lawsuit over unpaid rent for San Francisco office Bloomberg reports a landlord of the office filed a lawsuit late last week, the landlord claims that social media company owes over $136,000 on Michael castle. And died to these Pellegrini in the Bloomberg newsroom. European stocks jumping out of the gate on this first trading day of the year. In Germany, the Dax right now up almost 9 tenths of a percent and in Paris, the cac is up about one and a half percent. Investors also monitoring Ukraine's latest attacks on Russian positions in occupied towns. European natural gas starting out the year lower on mild weather and ample supply. Europe continuing to see alternatives for Russian natural gas. And that's a trend that will continue this year. And Rita sun is director of research at energy aspects. I do think your past made up its mind. It is no longer going to go back to Russian gas regardless of what happens with the war. It very much is now focusing on green energy and on alternative gas analyst sources for that matter. It's doing deals with the Middle East, a Middle Eastern country, because you just can not rely on Russia after what has happened over the course of this year. And San with us there on Bloomberg radio. Meantime as the inflation fighting continues in 2023, Israel has just raised its benchmark rate to an expected 3.75%. And speaking of inflation and rising prices, if you look at agricultural commodities, they actually notch the longest run of annual gains since at least the 1990s last year. More on that from Bloomberg's Charlie pellet. Denise drought and war cut production and eroded inventories keeping global food inflation simmering. The Bloomberg agriculture spot index, which tracks 9 of the world's top selling corn products, was up about 6 and a half percent, the fourth straight yearly increase. That's boosted the cost to bake bread, feed animals, and biofuels exacerbating world hunger and compounding the global cost of living crisis. Denise? Thank you, Charlie. An inflation pressures and focus on Wall Street this week, the December jobs report comes out Friday. We'll be tracking developments with the live here on Bloomberg radio Friday morning at 8 30 Wall Street time with headlines and a close up look at what the jobs report signals about the fed's rate hikes and the business of education, U.S. news and World Report revamping part of its law school rankings. That's after some schools started refusing to participate and that's all according to Dow Jones. And was what if your new year's resolutions to get out more? Because the 2022 outdoor travel boom, well, it is expected to continue in the new year. More from Bloomberg's Tracy John key. U.S. and Canadian campsites hosted a record number of visitors last year. The owner of many of those campgrounds predicts 2023 will bring a fresh wave of outdoor adventurers. Many won't exactly be roughing it. KLA is expanding its upscale glamping brand called Tara more to more sites in the northeast and by next year, Tara Morris arrive in the southwest. I'm Tracy John key, Bloomberg radio. Thank you, Tracy. And they'll do is 24 hours a day on air dumb Bloomberg quick take powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom, I'm Denise Pellegrini. This is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest edition of the tape podcast, a conversation with Ethan debit, chief investment officer at monetta. Ethan, talk to us about earnings risk that is certainly a risk that a lot of people are calling out as it relates to the 2023 outlook. How do you think about that? How do you quantify it? And how much is it kind of in your calculus? Once you get back to that telegraphing point I made earlier, what we saw very much in 2022 was actually earnings surprise on the upside because they'd been worked down so much in terms of expectations. So when a company gets the bad news out of the way, the expectations are low, when you're on the floor, it's not easy to surprise on the upside. And we still saw 75 to 80% of companies beat expectations. So the key is for expectations get set. So I actually am not that pessimistic about earnings, the prizes on the negative side coming in 2023, simply because companies know how to play this game now. There certainly will be a threat to margins though. Even talk to us about energy. We've been talking about commodities a lot today and energy has been such a great story for 2022, one of the few areas where investors equity investors can make real money this year. Is that trade kind of played out or do you think there's more room to go there? There will be a little bit of room to go. We're still seeing quite a bit of rhetoric around the energy complex and this energy terrorism. We're seeing some statements coming out of Russia. It does seem, though, however, that Europe is getting its supply in shape at least for this winter for sure and equally for next winter. We're hearing about stocks increasing and just finding alternative sources. We have this energy trilemma and a new security energy pricing energy sustainability that all policymakers are juggling right now. It has seen that the sustainability piece has been on the back burner this year as we've been focused on pricing and security. But however, the sustainability piece is going to continue to come to the fore. So I'm very optimistic about
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Bring New York City police officers are now out of the hospital after being attacked in Times Square on New Year's Eve. Police say 19 year old Trevor bickford of Maine is in custody after he allegedly swung a large knife at the officers, leaving one with a skull fracture and another with a bad cut, investigators say the suspect had terrorists related propaganda in his backpack, corresponding Kathy park says the NYPD's investigating a possible terror link in connection to the attacker's social media posts. He was known to law enforcement because of his social media postings and now they are taking a look at previous postings and possibly jihadist writings online. The FBI and joint terrorism task force are working to determine the motive for the attack. The man accused of stabbing and killing four university of Idaho students plans to waive extradition, Brian kober's attorney said on Saturday that waving extradition to Idaho as a procedural issue, coburger was arrested last week in Pennsylvania, his home state. Gas prices keep rising triple-A reports a national average price for regular is three 21 a gallon of any higher than yesterday. The national average is up 11 cents over the past week, but still 23 cents lower than a month ago, Georgia remains the low price leader with a statewide average of two 77 a gallon, the most expensive gas in the country is in Hawaii, where the statewide average is 5 O two a gallon. Twitter's CEO Elon Musk on Sunday teased that this week's Twitter files report will focus on now former national Institutes of health allergy and infectious diseases, director doctor Anthony Fauci, Fauci retired on Saturday after 38 years as a director, Twitter files are the work of journalist Musk has assigned to address controversies at the intersection of politics and media. The most recent Twitter files release focused on how both the Trump and Biden administrations leaned on Twitter to moderate content during the COVID-19 pandemic. I'm Michael kasner. President Biden will visit Kentucky this week to talk about how his economic plan is rebuilding the nation's infrastructure. The White House says he'll be joined by Senate minority leader Mitch McConnell, Ohio governor Mike dewine and Kentucky governor Andy beshear. Biden is expected to tout the plan success in creating jobs and revitalizing struggling communities. The president's trip on Wednesday will be coming the day after the new Republican House majority takes control in Congress. Kathy hochul is starting her first full term as governor of New York. Scott Pringle reports. The Democrat made history becoming the first woman to be elected governor of the state when she beat Republican Lee Zelda in this past November's election, hoku was sworn into office yesterday for her first four year term. Some fights we just have to take on. The affordability crisis in housing and energy and everything. It's making life just too damn hard for New Yorkers. Local is expected to detail our plans next week in the state of the state address. New York cardinal Timothy Dolan is headed to Rome for the funeral of former Pope emeritus Benedict the 16th funeral services are Thursday, Benedict visited New York in 2008 and made stops at ground zero to pray for victims of the 9 11 terror attacks and mass at Yankee Stadium, the former pontiff resigned as head of the Catholic Church in 2013 due to his failing health becoming the first Pope in 600 years to do so. James Cameron's follow-up to his 2009 blockbuster Avatar continues to rule North America's box offices. David folk Thomas reports. Ladies and gentlemen, you're not in Kansas anymore. You're on Pandora. The
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Now out of the hospital after being attacked in Times Square on New Year's Eve. Police say the 19 year old Trevor bickford of Maine is in custody after he allegedly swung large knife at the officers, leaving one with a skull fracture, and another with a bad cut. Investigators say the suspect had terrorists related propaganda in his backpack, sources tell the New York Post bickford was already on the FBI's watch list after being recently radicalized. People in Northern California are dealing with the aftermath of heavy rain that left at least one person dead over the weekend, the storm dumped more than 5 inches of rain over the San Francisco Bay Area on New Year's Eve, marking the region's second wettest day on record. Trailblazing broadcaster Barbara Walters has died or former view co host Elizabeth Hasselbeck called Walters her mentor. She cared deeply personally about the women in this industry. Walters broke the glass ceiling in broadcast news and was the first woman to co host both a morning and evening newscast. I'm Michael castner. And dive to these Pellegrini in the Bloomberg newsroom. We do have a higher start here for stocks in Europe right now, the Dax in Germany. It is up more than 1% and in Paris. The cac is up more than 1.6%. London's footsie is closed today. Euro area manufacturing PMI for December indicating contraction. Coming in at an expected 47.8 for December. In London, the FTSE is closed for the long new year holiday weekend. Stocks in many key financial markets in Asia are also closed. But South Korea's Cosby was open and it fell almost half a percent on its first day of trading in the new year. A country moving to limit Chinese travelers that don't have an impact on the economy there. The U.S. will start requiring negative COVID tests for travelers from China starting this Thursday. And Bloomberg's Jordan Fabian says the prospects of waves of people with COVID coming to the U.S. has health officials here skittish because what they're actually really worried about is the possibility that new variants are being created in China because of the level of infections and the possibility that that variant will be spread overseas including to the U.S.. So that's why they're imposing this testing requirement for travelers from China. And Fabian also says U.S. health officials are worried about a lack of reliable COVID data from Beijing. A lot of key economic data coming out this coming week in the U.S., especially for those trying to second guess on inflation. And the fed, we get more data from Bloomberg's Tracy junkie. Tomorrow, it's a report on construction spending. Economists we surveyed say that probably fell even more in November than in the previous month. Wednesday, the institute for supply management's manufacturing gauge for December is also expected to show more slippage. We'll also get the minutes from the last fed meeting that could give more hints about the size of the expected spread rate hike in early February. Then Friday we'll get the jobs report. It's expected to show a slowdown in the pace of hiring in December and an unemployment rate holding steady at 3.7%. In Washington, tracie jockey, Bloomberg radio. Thank you, Tracy. And consumers and retail, also in focus. Dana Telsey, chief research officer at Tulsi advisory group, says when it comes to consumers and retailers just about anything can happen. I think the positive surprise would be a consumer that's stronger than expected where you have look at the jobless rate and you have people going to work again. The labor costs are running higher so they can invest in discretionary goods, not just experiences. The negative part of it is you look at the retailers who are still going to have over inventory and are we going to have margin pressure in the first half of the year. It's up in the air right now. And of course all that consumer spending tells he's talking about can end up being inflationary. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom on Denise Pellegrini, this is Bloomberg. Bloomberg radio on demand and in your podcast deed. On the latest edition of the Bloomberg businessweek podcast, a conversation with morning consult economist Caleb Brown about the strength of the U.S. consumer headed into 2023. My big concern is that consumer budgets are just starting off 2023 in a much weaker position than they did in 2022. We've seen in our surveys that we collect from among consumers that it's been rising all year, the share who are saying that their monthly expenses, total more than their incomes. So they've been working away at their savings debt levels have been increasing and getting more expensive with interest rates. So all of those factors, I think are making the consumer a bit weaker. What's been surprising is how resilient spending has been so far, but the question now is kind of our income is going to close the gap enough with inflation to kind of allow them to keep spending or we're seeing more price sensitivity, the holidays were a big toll on many. So are they going to be able to sustain positive growth in 2023? Well, I'm curious, Kayla, when you look at the data that we've gotten so far, have any of those ratios given you concerned because when you point those out to certain people and you say, this could be bad. They say, well, you have to compare it to the financial crisis and other sort of recessionary periods that we went through. And they say, well, is that bad when you stack it up against that? What worries me is that, you know, you think about what do consumers use to spend, they have incomes, they have savings, they have debt. And where we are now is they worked their way through the savings through their savings to a larger degree than they did at the start of last year. Incomes are still not keeping up with prices. If that changes, that could help, but for now purchasing power is going down. And then debt levels is that final piece, which has not been a big concern in 2022. Get more of
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Identified as 19 year old Trevor bickford of wells Maine and his orders are saying that he doesn't have a criminal history, but he was known to law enforcement because of his social media postings. The NYPD is now investigating a possible terrorist link in connection to those social media posts, three officers were approached by the suspects Saturday night and attacked with a machete, one of the officers fired his weapon and struck the suspect in the shoulder. He was taken into custody and treated for non life threatening injuries at a hospital. The injured officers were also being treated for their injuries and are expected to recover The FBI and joint terrorism task force are working to determine the motive for the attack, the New York Post reports a suspect traveled to New York from Maine on an Amtrak train last week and carried the handwritten note in his backpack. Former president Donald Trump is blaming the issue of abortion for Republicans falling short of expectations in November's midterm elections. Mark Mayfield with more. In a post on truth social Sunday, Trump noted that many in the GOP handled the issue poorly, especially those who firmly insisted on no exceptions to bans on the procedure. Also defended himself, saying he's not to blame for the party's performance. Exit polls showed abortion was among the most important issues for voters in the midterms, along with inflation. I'm Michael kassner. Pope Francis is marking the beginning of the new year right after the death of his predecessor former Pope Benedict XVI. Dina kodiak with more. The Pope urged the faithful to use the new year to share God's love with everyone. The thousands who gathered in St. Peter's Basilica also prayed for the late Pope emeritus Benedict the 16th, he died on New Year's Eve at the age of 95. The Vatican says Pope Francis will preside over former Pope Benedict's funeral mass in Saint Peter's square on Thursday, January 5th. At least 14 people are dead after an attack on a Mexican prison in the border city of Juarez on Sunday the chihuahua state attorney general's office said in his statement that ten security guards and four prisoners were killed and 13 others were injured. At least two dozen prisoners escaped, authorities had the attack began around 9 a.m. Eastern Time when gunmen in armored vehicles rolled up to the prison in open fire, whereas is just across the border from El Paso, Texas, and in epicenter of drug cartel violence is considered one of the deadliest cities in Mexico. One of the members of the pointer sisters has died, more from Scott Carr. Anita pointer, the Grammy winning writer singer and founding member of the pointer sisters as dead at the age of 74, pointers publicist said she was surrounded
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Sent three officers to the hospital on New Year's Eve, authorities identified the suspect as a 19 year old main resident with no criminal history. Trevor bickford of wells Maine and his authorities are saying that he doesn't have a criminal history, but he was known to law enforcement because of his social media posting the FBI and joint terrorism task force are looking into a possible terrorist link based on the suspect's social media posts, three officers were approached by the suspect Saturday night and attacked with the machete, one of the officers fired his weapon and wounded the suspect in the shoulder, the injured officers were also being treated for their injuries and are expected to recover. The first Gen Z member elected to Congress is preparing to be sworn in, appearing on ABC's this week representative elect Maxwell frost talked about what he wants to accomplish. The Florida Democrat said he hopes to never lose sight of his north star and pointed causes like combating the climate crisis and ending gun violence. However, one thing the young Republican is struggling with is finding an affordable apartment in Washington, D.C., frost said he might have to couch surf for a little bit. National weather service officials are urging residents in the area of Wilton, California to evacuate due to record flooding, a local state of emergency also issued due to widespread flooding and levee overtopping. I'm Dina kodiak. MGM Resorts is selling the property where the deadliest mass shooting in U.S. history took place. Scott Carr has more. MGM said Friday it had closed on the sale of the 15 acres so called village property on the Vegas strip, wherein 2017 gunman Steven panic opened fire from a hotel room killing 58 people attending the route 91 harvest festival. Badly injuring scores of others.
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Radio. The New York City police department has identifying the suspect behind a New Year's Eve machete attack that landed two cops in the hospital. The suspect has been identified as 19 year old Trevor bickford of wells Maine and his orders are saying that he doesn't have a criminal history, but he was known to law enforcement because of his social media posting. Correspondent Kathy park reports that the NYPD is now investigating a possible terrorist link in connection to those social media posts, three officers were approached by the suspect Saturday night and attacked with a machete, one of the two officers fired his weapon and struck the suspect in the shoulder. He was taken into custody and treated for non life threatening injuries at a hospital, the injured officers were also being treated for their injuries and are expected to recover. The FBI and joint terrorism task force are working to determine the motive for the attack. A lawyer for the suspect in the university of Idaho stabbing murder says his client is looking forward to being exonerated. Monroe county public attorney Jason lebar told The Washington Post on Saturday that Brian coburger plans to waive extradition to get back to Idaho to face charges. The 28 year old Washington state university graduate student is facing four counts of first degree murder in the November killings. Prosecutors say he was arrested in Pennsylvania early Friday based on DNA evidence recovered at the crime scene. Pope Francis will preside over the funeral of his predecessor, former Pope Benedict XVI. The Vatican announced the 95 year old former pontiff died Saturday at his home in a former monastery in Vatican City. Officials say Benedict's body will be moved to St. Peter's Basilica Monday, so the faithful can pay their final respects ahead of his funeral on January 5th. The former pontiff became the first to resign as head of the Catholic Church in 6th centuries when he stepped down in 2013 due to failing health. Anita pointer, the Grammy winning writer singer and founding member of the pointer sisters is dead at the age of 74. Pointers publicist said she was surrounded by family at the time of her death on Saturday. I'm Dina kodiac. A man is recovering after being stabbed in the neck near Times Square. It happened near Bryant park at west 42nd street and 6th avenue at around 8 45, not far from where revelers packed the streets to see the ball drop and ring in 2023. Cop saved two men got into a fight before one of them stabbed the other in the neck with a sharp object possibly scissors. The victim was taken to a hospital and police arrested the attacker. It happened about an hour before multiple NYPD officers were attacked by a man with a machete near Times Square. A naked man jumps from a Bronx elevated subway station and survives as people watching shock. Lisa Salvador has more. The New York Post reports last Friday a passer by on the street below recorded a video of a naked man hanging onto the edge of the tracks with one arm. He was kicking his legs as a number 6 trained approach the park Chester station, the man lets go, drops about 20 feet to the street, and then lands on his stomach. The NYPD says the man in his 20s was conscious and alert when he was taken to Jacobi hospital. Tampa Bay Buccaneers, quarterback Blaine, gabbert, three fellow passengers and a pilot are okay after their helicopter crash near Davis islands Thursday. Local officials say the chopper and route back to Peter O night airport just after 5 p.m. when it experienced a malfunction and crashed about 300 feet from shore. Three jet ski enthusiasts reportedly helped to get the passengers to shore, a Tampa police marine unit and a boat from the hillsborough county sheriff's office assisted in the rescue. Two earthquakes early Saturday morning felt across parts of Southern California. Here's cliff Albert. A 4.2 magnitude quake struck just north of barago spring as at four 12 a.m. Saturday, the U.S. geological service of the quake struck ten miles north of the desert humidity, and was widely fell throughout parts of San Diego and imperial counties. About a half hour earlier, a smaller quake measuring 3.5 was set at about 8 miles northwest of big bear city. There was no immediate word of any injuries or damage from either of the two quakes. I'm clever Albert. And I'm Dina kodiak. And I'm Denise Pellegrini in the Bloomberg newsroom. The cleanup is underway after pre-pandemic style crowds celebrated the new year in Times Square and elsewhere. Marquise Drake says, new year's resolutions are, well, all about appreciating the present. You can wish for a
Bloomberg Radio New York - Recording Feed
"trevor bickford" Discussed on Bloomberg Radio New York - Recording Feed
"And Bloomberg news equality team leader Rebecca Greenfield always appreciate their thoughtful coverage and reporting. And that wraps up the first hour of the weekend edition of Bloomberg businessweek from Bloomberg radio. I'm Carol massar, to instead of back with me as we take a dive in the next hour down the big tech, rabbit hole. I had no next hour, Elon and Tesla, meta and Mark, EV explosions and a museum in the desert for the lucky few. Tekken pursuits, they're coming up next in our holiday weekend edition of Bloomberg businessweek. This is Bloomberg. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. The New York City police department has identifying the suspect behind a New Year's Eve machete attack that landed two cops in the hospital. The suspect has been identified as 19 year old Trevor bickford of wells Maine and his orders are saying that he doesn't have a criminal history, but he was known to law enforcement because of his social media postings. Correspondent Kathy park reports that the NYPD is now investigating a possible terrorist link in connection to those social media posts, three officers were approached by the suspect Saturday night and attacked with a machete, one of the two officers fired his weapon and struck the suspect in the shoulder. He was taken into custody and treated for non life threatening injuries at a hospital, the injured officers were also being treated for their injuries and are expected to recover the FBI and joint terrorism task force are working to determine the motive for the attack. A lawyer for the suspect in the university of Idaho stabbing murder says his client is looking forward to being exonerated. Monroe county public attorney Jason lebar told The Washington Post on Saturday that Brian coburger plans to waive extradition to get back to Idaho to face charges. The 28 year old Washington state university graduate student is facing four counts of first degree murder in the November killings. Prosecutors say he was arrested in Pennsylvania early Friday
Bloomberg Radio New York
"trevor bickford" Discussed on Bloomberg Radio New York
"Trevor bickford of wells Maine and his orders are saying that he doesn't have a criminal history, but he was known to law enforcement because of his social media postings correspondent Kathy park reports that the NYPD is now investigating a possible terrorist link in connection to those social media posts, three officers were approached by the suspect Saturday night and attacked with a machete, one of the officers fired his weapon and struck the suspect in the shoulder, he was taken into custody and treated for non life threatening injuries at the hospital, the injured officers were also being treated for their injuries and are expected to recover. The FBI and joint terrorism task force are working to determine the motive for the attack. A new COVID variant is rapidly spreading across the country, according to the Centers for Disease Control, the new omicron variant called ex BB .1 .5 accounts for over 40% of all confirmed COVID cases in the U.S., 7 days ago, the strain only amounted to 21% of cases, CDC officials expect the variant to increase across the country and become the dominant strain of COVID in the northeast. I'm Dina kodiak. A slew of new laws in states and cities across the country are going into effect in the new year 27 states will see minimum wage increases in 2023, the minimum wage in Washington state will increase to $15 and 74 cents. The highest rate in the U.S.. Meanwhile, California and Washington will now require employers to share information about their salaries to prospective employees beginning January 1st, and Maryland and Missouri will be the latest states to offer legalized recreational marijuana for adults over 21. In Texas, the Plano police department is investigating a possible hate crime after multiple homes and vehicles were spray painted with racial slurs, one resident found spray paint stolen from her shed several garage doors and vehicles parked in her subdivision were tagged with a variety of racial slurs and Bible references. Neighbors hope a camera outside one of the homes will lead police to a suspect. Police are on the lookout for a man who they say through a pair of scissors at an NYPD officer, Jonathan o'halloran reports. It happened the night of December 29th at the east 149th street and grand concourse subway station. Police say two officers approached a man acting erratically while holding metal scissors when the officers reached the individual he threw the scissors at one of the officers striking him in the face, the suspect then fled the scene on foot. The officer was transported to the hospital with lacerations to the face and is expected to be okay. Jonathan o'halleran, New York. I feel her. Avatar, the way of the water is continuing to dominate the box office. The mega sequel is on track to gross almost $90 million over the four day holiday weekend, bringing its domestic total to potentially $445 million. That number would make it the second highest grossing domestic release of 2022 overtaking Black Panther Wakanda forever. Top Gun: Maverick earned over 700 million to take the top spot, puss in boots the last wish is set to take second at the box office. I'm Gina kodiak. Adam died Denise Pellegrini in the Bloomberg newsroom, some good news if you're planning a road trip. After a tumultuous year for gasoline prices, some relief may finally be on the way. We get more from Bloomberg's Charlie pellet. According to gas buddies, 2023 fuel outlook, the yearly national average price of gasoline is forecast to drop nearly 50 cents per gallon from that of 2022 to $3 49 cents. Gas buddy says continuing improvement in refining capacity will help alleviate gasoline and diesel prices, though high levels of uncertainty remain amidst Russia's ongoing war on Ukraine. Charlie pellet Bloomberg radio. All right, thank you, Charlie. That could help ease inflation a bit investors is coming week. Also keeping a close eye on the December employment report coming out Friday. Bloomberg says Anna Palmer has more on that part of our inflation story. Economists surveyed by Bloomberg are forecasting 200,000 jobs will have been added to payrolls in December. That would be down from 263,000 added in November. While 200,000 wood bark are slow down from the prior month that pace of job growth still points to solid hiring and a pretty robust labor market overall. Economists are forecasting the unemployment rate will have stayed at 3.7%. All right, thank you, Susanna. And that report also likely to show hourly wages jump 5% in December from a year ago, showing inflationary forces are still with us. And Jeanette Garrett, chief economist at Robertson Stevens says, don't take your eye on those jobs reports for this entire quarter. Maybe the most interesting month is going to be January because that's when the decisions of businesses to cut labor force really will come into play. So we'll see. And Gary with us there on Bloomberg radio. The fed widely expected to hike rates a quarter point at its February open market committee meeting. As we've been reporting President Biden resolving to strike a bipartisan tone in 2023, the president will be in Kentucky this coming week with the Republican Senate minority leader, Mitch McConnell, promoting the president's new infrastructure law, and there will be announcing a new major project funded by that law. Overseas China's leader, Xi Jinping, warning of more challenges ahead as the country lifts COVID lockdowns, new data out of China over the weekend showing the economy weakening in December. At a North Korea, Kim Jong-un vowing to increase nuclear arsenal to deal with South Korea and the U.S. Kim also announcing a shake up, replacing his party's secretary and also defense minister. And Twitter facing a new lawsuit for failing to pay more than a $130,000 in rent in San Francisco. The New York Times says Twitter hasn't paid rent on its headquarters in weeks as it tries to renegotiate runs for its office space globally under new owner Elon Musk. A couple of news, 24 hours a day. On air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom, I'm Denise Pellegrini. This is Bloomberg. This is Bloomberg businessweek inside from the reporters and editors who bring you America's most trusted business magazine. Plus, global business finance and tech news as it happens. Bloomberg businessweek, with Caro mazur and Tim stenbeck on Bloomberg radio
Bloomberg Radio New York - Recording Feed
"trevor bickford" Discussed on Bloomberg Radio New York - Recording Feed
"Net. The supervising producer of the big take is Vicki berga. Our senior producer is Catherine Fink. Our producers are mobira and Michael falero. Hildegard is our engineer, original music by Leo sidron. I'm west Kosovo. Have a great weekend. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. Governor asa Hutchinson says former president Trump's role in 2020 ones capitol riots disqualifies him from gaining the GOP presidential nomination, appearing on ABC's this week, the Arkansas Republican said Trump had his opportunity, and it's time for new voices to be heard within the party. He also argued the former president is no longer new on the political scene, and that the chaos surrounding him could be a turn off to voters. President Biden will visit Kentucky this week to talk about how his economic plan is rebuilding the nation's infrastructure, The White House says he'll be joined by a Senate minority leader, Mitch McConnell, Ohio governor Mike dewine, and Kentucky governor Andy beshear. Biden is expected to tout the plan's success in creating good paying jobs and revitalizing struggling communities. The president's trip on Wednesday comes the day after the new Republican House majority takes control in Congress. The New York City police department is identifying the suspect behind a New Year's Eve machete attack that landed two cops in the hospital. 19 year old Trevor bickford of wells Maine and his orders are saying that he doesn't have a criminal history, but he was known to law enforcement because of his social media postings correspondent Kathy park reports that the NYPD is now investigating a possible terrorist link in connection to those social media posts, three officers were approached by the suspect