Ukraine Peace Talks, DOJ Investigation, and Market Updates on Bloomberg News Now

Ukraine Conflict and Peace Talks

• 🇺🇦 A Ukrainian delegation has arrived in the US for peace talks aimed at ending the war with Russia.
• ⚡ Russia is accused of weaponizing winter by targeting Ukraine's power grid, leaving over 20 settlements without power.
• 🤝 The delegation is working to finalize documents that include recovery and security guarantees from the U.S.

DOJ Investigation and Legal Battles

• ⚖️ The Justice Department has launched a criminal investigation into Minnesota Governor Tim Walz and Minneapolis Mayor Jacob Frey for allegedly obstructing federal immigration enforcement.
• 🗣️ Both Walz and Frey are pushing back, calling the investigation a bullying tactic, with Minnesota's Attorney General Keith Ellison agreeing and calling it a "sad day in America."
• 🚫 A federal judge ordered immigration officers not to retaliate against peaceful protesters in Minneapolis, a ruling the DOJ is likely to appeal.
• 🧑‍⚖️ Bayer is seeking a high court hearing to dismiss lawsuits against its Roundup weed killer, having already paid over $10 billion in verdicts and settlements.
• 🚀 Elon Musk is suing OpenAI and Microsoft for up to $34 billion, alleging OpenAI defrauded him by abandoning its non-profit roots.

Market and Economic Updates

• 📉 Stocks moved lower amid concerns about President Trump potentially appointing Kevin Hassett to head the Federal Reserve.
• 📊 The S&P 500 finished the week down 0.4%, the Dow Industrials down 0.3%, and the Nasdaq down 0.7%, while the Russell 2000 small-cap index continued to rise.
• 💳 The White House is considering executive action to cap credit card interest rates to reduce costs for Americans.

Agricultural Policy and Health Concerns

• 🌾 Disagreements over pesticide policy are threatening to slow down the farm bill in Congress, with House Agriculture Chair G.T. Thompson aiming to limit state and local pesticide regulations.
• 🤧 Cases of the flu are surging in the U.S., with deaths up 25% from last week and an estimated 8 million people infected this season.