Bloomberg Daybreak: US Edition LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats
7 snips
Jan 8, 2025 Los Angeles faces severe wildfires, triggering mass evacuations and widespread destruction. The discussions highlight the implications of Donald Trump’s controversial threats regarding Panama and Greenland, signaling potential diplomatic shifts. In parallel, advancements in transportation technology, including electric vertical takeoff aircraft, are examined. Insights into corporate strategies, as companies like JPMorgan plan to reintegrate staff, add another layer to the unfolding narrative.
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LA Wildfires
- Wildfires rage in Los Angeles, forcing tens of thousands to evacuate.
- Strong winds and embers hinder firefighting efforts, causing widespread destruction.
Trump's News Conference
- President-elect Trump held a news conference at Mar-a-Lago, announcing a $20 billion data center investment.
- He also made threats towards Canada, Greenland, and the Panama Canal.
Tax Cut Meeting
- House Republicans will meet with Trump to discuss extending the 2017 tax cuts.
- They aim to address the $10,000 cap on state and local tax (SALT) deductions.