I think what's really at stake most of all is whether or not the president has violated the constitution because again we have to go all the way back to the founding of our country. You know, no taxation without representation is on that license plate on everybody in the District of Columbia. And what it really is saying is the Constitution gives to the Congress, not to the president, the power to impose taxes or tariffs. the Constitution gives to the Congress, not to the president, the right to regulate fo ...

Market Position & Growth - Series, a Chinese EV upstart, rapidly rose to the top of China's luxury EV segment [1] - Series' flagship M9 SUV was the number one seller in the luxury segment in China last year, surpassing Mercedes and BMW [2] - Series remains profitable and avoids price wars, selling its itel M9 for $70,000 [5] Production & Technology - Series built a million square meter Chongqing plant in just one year [1] - The factory utilizes over 3,000 robots to produce a car every 30 seconds [6] - Series cars feature Harmony OS, developed in partnership with Huawei [1] Competitive Advantages - Series benefits from its partnership with Huawei, especially in the Chinese market [5][6] - Series focuses on R&D in safety, automation, and connectivity, leveraging China's supply chains and homegrown tech [3] - Series' vehicles offer advanced features like automated parking [4] Future Trends & Challenges - The Chinese EV market is highly competitive, posing challenges for foreign players [3] - The industry anticipates advancements in assisted driving and potentially humanoid assistants [7][8] - Authorities are cautious about full autonomy until safety is guaranteed [7]

>> THIS IS "BALANCE OF POWER" LIVE FROM WASHINGTON DC JOE: FROM BLOOMBERG WASHINGTON, D.C.'S TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO "BALANCE OF POWER. " ALONGSIDE TYLER KENDALL, I AM JOE MATHIEU. THE DISRUPTIONS BEGAN. THE IMPACTED AIRPORTS ACROSS THE COUNTRY AFTER FLIGHTS ARE REDUCED IN 40 MAJOR CITIES AND IT ALL COMES BACK TO THE ONGOING GOVERNMENT SHUTDOWN. WITH PRESIDENT TRUMP SAYING MOMENTS AGO THE SENATE SHOULD NOT LEAVE TOWN UNTIL THEY HAVE A DEAL. WE WILL SPEAK TO OUR REPORTERS IN WASHI ...

What was behind this exemption, if nothing more than a personal relationship. Well, good evening to you and to Tyler. Thank you for having me back.Oh, it's just it's more of the same with this administration and with this president. Sanctions are on. You are exempted. Tariffs are on will reduce it for you. Tariffs are off.It is this erratic behavior by the president, by the administration. And we're talking about Russia here. We're talking about a country at war three and a half years now at war with Ukrain ...

Industry Impact of Government Shutdown - The reckless government shutdown is making the job of ensuring passenger safety and security more difficult and dangerous [2] - The aviation industry's morale is low due to tragedies, poor decisions, and problematic policies since the beginning of the year [4] - Capacity cuts are tasking carriers with creating a new jigsaw puzzle for routes and crew placement, leading to inconsistency and logistical concerns [7][8] - Flight attendants are experiencing schedule changes at the last minute, impacting their ability to plan for the future [10] - The industry expresses solidarity with TSA agents and air traffic controllers who are not being paid during the shutdown [2][11] Safety and Security Concerns - The primary responsibility of crew members is to ensure the safety and security of passengers [1] - Aviation travel is still the safest form of travel in the United States, but this reality may be eroded [6] - Flights are operating at 98% capacity on average, highlighting safety and security concerns [12] - Incidents of conflict on flights are increasing, though not yet at COVID levels, due to cascading delays [15] Advocacy and Congressional Relations - The Association of Professional Flight Attendants represents 28,000 colleagues [1] - The industry is urging lawmakers to reopen the government, emphasizing safety and security concerns [12] - There is hope for a bipartisan resolution that does not strip away access to affordable healthcare [14]

George. There you are. You just flew in, right.Hi. Yeah, I just came in. Hello.I just came in from Miami. How did it go. Yeah, it was. It was pretty smooth.Like I would. I would expect when they knocked down, you know. The initial call was 10% or normal, and they said maybe less than that of flights to the 40 most important airports.I'd expect that things would run a little easier. I feel bad for people that had their flights cancelled, but I think if you're going to a core market for an airline and I was c ...

What a time for you to start this job. Are you sure you want to do this. I tell you, it's been great.Yeah. I love working for the industry in that it is obviously a challenge. It's a challenge on a normal day.But I effectively work for the nine CEOs of the nine largest air carriers in America, and they're trying to reopen the government. Oh, yeah. Well, they're not trying to reopen the government.Yeah, they're crying. Oh, no. Absolutely.And it's everything from being on the phones to, you know, talking to f ...

We are about 2 minutes away from the end of this trading day and trading week. Scarlet Fu and Kristine Aquino here in for Romaine Bostick and Katie Greifeld adhere to take us through the closing bell. We've got a global simulcast, which means Carol Massar and Tim Stanovec are on board and together we bring all of our audiences across Bloomberg Television, Bloomberg Radio and YouTube worldwide to parse through the most crucial moments of the trading day.Maybe it was in the last hour when we have turned posit ...

A lot of people are asking, why didn't we just do this floor speech and make this offer a month ago. Tim I don't know. I applaud you for carrying that floor speech because it might end up being a seminal moment here.And maybe this is, in fact, the offer that unlocks a shutdown. But I've got to say, everyone seems kind of upset in Washington today. The president's appearing angry about affordability.John Thune, the Republican leader in the Senate, was upset about the way this was handled by Chuck Schumer. Bu ...

Political Influence & Business Strategy - Large companies are investing significantly in the East Wing ballroom project [1] - Companies want to maintain a business-friendly image, supporting policies beneficial to them while opposing those that are detrimental [2] - Companies aim to uphold the rule of law and American liberalism, resisting potential bribery attempts [3] Political Landscape & Potential Shifts - There is anticipation of hearings regarding donations to the West Wing and the Trump Crypto Fund [2] - A shift in political power is expected, with Hakeem Jeffries favored to become the next Speaker of the House [1] - The perceived "Trump bubble" is expected to burst, similar to the anticipated decline of other hyped movements [3]