Your Evening Briefing
President Donald Trump agreed to temporarily reopen the U.S. government Friday, giving in to Democrats and potentially ending a 35-day shutdown that drove thousands of federal workers to food banks and side-jobs. He folded without securing any money for his border wall, the last-minute demand the triggered the impasse. Congress must, of course, approve.
Special note: Please watch for the new Saturday version of this newsletter, Bloomberg's Weekend Reading, coming tomorrow!
Here are today's top stories
The FAA temporarily halted flights into New York's LaGuardia Airport because of a shortage of air-traffic control staff. Flights at other East Coast airports such as Washington’s Reagan National, Newark Liberty International and Philadelphia International were also delayed.
Roger Stone, the longtime Republican strategist and occasional Trump confidant, was arrested on charges of obstructing Special Counsel Robert Mueller’s probe of potential collusion with Russia. The arrest is a serious threat to the president..
In particular, the indictment alleges that a senior Trump campaign aide initiated those contacts with WikiLeaks. That aide is Steve Bannon, according to a person familiar with the matter.
At the heart of the powerful bond between Nicolas Maduro and the Venezuelan military is a criminal enterprise based on drug running, money laundering, fraud and illegal mining, according to the U.S. Treasury.
Starbucks now is training employees to treat anyone who walks in the door as a customer, whether they intend to make a purchase or not.
Democrats have plans to make the wealthy pay more in taxes. The wealthy have plans to dodge those taxes.
What's Luke Kawa thinking about? The Bloomberg cross-assets reporter is seeing boom times in the credit issuers market. Junk issuance, slow to start the year, is back with a vengeance.
What you'll need to know tomorrow
- U.S. warships sailed through the Taiwan Strait, irking China.
- A horrific snakebite became a viral hit for a medical journal.
- Credit Suisse lost about $60 million on Canada Goose.
- The Rothschilds sold their last piece of the Austrian empire.
- Those global elites partying in Davos are worried.
- Bitcoin is worth less than the cost to mine it, JPMorgan says.
- E-scooter injuries are piling up, but making the lawsuits stick is hard.
What you'll want to read tonight
Here's a simple definition of "bargain," at least when it comes to wine: It should taste at least twice as good as its price. Here are 20 of the best bargain bottles out there.
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