Politics News

Thai and Cambodian troops exchanged artillery fire overnight, with Bangkok accusing its neighbor of firing rockets into civilian areas as the long-simmering border dispute flared into its most serious violence in months.

The Philippines has frozen the assets of two lawmakers allegedly tied to a widening graft scandal, President Ferdinand Marcos Jr. said, adding to thousands of bank accounts and hundreds of other assets already immobilized as the state moves to recover public money.

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Gigi Sohn, Consumer Advocate in Broadcast Marketplace, discusses Netflix's & Paramount's bids for Warner Bros., and if either deal will benefit the consumer. Senator Jerry Moran (R-Kansas) shares his initial reaction to hearing President Trump allowing Nvidia to export H200 chips to China. Former US Ambassador to NATO, Julianne Smith, talks the latest on Ukraine & Russia. (Source: Bloomberg)

A dozen FBI agents sued the Trump administration over their firing in September for having taken a knee during a 2020 demonstration in Washington following the police killing of George Floyd.

As relations with China continue to deteriorate, Japan is embarking on its biggest military buildup in at least four decades.

Black Friday discounts failed to prevent a slowdown in UK retail sales as the Labour government’s budget damaged consumer confidence, according to a report by the British Retail Consortium.

Former US Ambassador to NATO, Julianne Smith, states she doesn't feel like the US is moving any closer to achieving peace in Ukraine. She talks about President Trump voicing his disappointment that President Zelenskiy hasn't read the latest deal, and that the President needs to put extra pressure on President Putin. Julianne speaks with Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)

Senator Jerry Moran (R-Kansas) states "this has huge consequences" when sharing his initial reaction to hearing President Trump allowing Nvidia to export H200 chips to China. Senator Moran talks about this decision being a huge issue for national security, but also the United States needing to be a superpower in AI. He also talks about the President's decision to pay US farmers $12B and if this farm aid signifies that tariffs are harming US farmers. Senator Moran speaks with Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)

US growers say the Trump administration’s $12 billion aid package brings temporary relief, but is unlikely to kickstart a lasting recovery for the American farm economy.

Mexico’s Congress is set to vote this week on President Claudia Sheinbaum’s proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the US. The move is fueling expectations that it could soon make room for US tariff relief on Mexican steel and aluminum.

Just hours before Paramount Skydance Corp. Chief Executive Officer David Ellison launched a hostile bid for Warner Bros. Discovery Inc., he hobnobbed in Washington with some of the federal government’s heaviest hitters.

President Donald Trump threatened to impose an additional 5% tariff on imports from Mexico if the country did not release water that his administration says must be allowed to flow under a treaty, escalating a fight with a major trading partner.

Bank of America Corp. chief executive officer Brian Moynihan, Citigroup Inc. CEO Jane Fraser and Wells Fargo & Co. CEO Charlie Scharf are scheduled to meet with senators in both parties on Thursday to discuss crypto market legislation that could soon come to a vote, according to a person familiar with the plans.

US lawmakers are trying to compel Defense Secretary Pete Hegseth to submit all unedited videos and to brief on strikes targeting alleged drug-running boats off the coast of Venezuela by targeting part of his travel budget if he doesn’t comply.

The Baltic countries are fortifying their frontier regions as a deterrent to Russian aggression. Close to the border, communities now have to reckon with the price of peace.

The president wants to limit state regulation of the technology.

Texas Congresswoman Jasmine Crockett is launching a bid for the US Senate, aiming to parlay her large social media following and fundraising prowess with Democratic donors into a seat representing the Republican-dominated state.

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Matt Miller discuss Paramount Skydance launching a hostile takeover bid for Warner Bros. Discovery valued at $30 a share in cash. Bloomberg's Felix Gillette and Geetha Ranganathan of Bloomberg Intelligence join the show to break it down. Also on today's show, Bloomberg's Alexandre Rajbhandari and Sri Natarajan on JPMorgan hiring Berkshire’s Todd Combs for a prominent investing role, and CSIS Critical Minerals Security Program Director Gracelin Baskaran weighs in on the ongoing global race to dominate rare earths imports for trade, tech, and more. (Source: Bloomberg)

President Trump answers questions from reporters in the cabinet room after announcing $12 billion in aid to American farmers. The president spoke about the health care fight, the EU's fine on Elon Musk's social media site X and said that he is waiting to see Paramount's market percentage before weighing in further on the bid for Warner Bros. (Source: Bloomberg)

President Donald Trump signaled he could impose fresh tariffs on agricultural products, including Canadian fertilizer and Indian rice, the latest sign that protracted negotiations with two US trading partners could drag on.