Minnesota shooting, Big Tech earnings, the winter storm and more in Morning Squawk
AppleApple(US:AAPL) CNBC·2026-01-26 13:14

Group 1: Immigration and Law Enforcement - Tensions in Minnesota escalated following the fatal shooting of Alex Pretti, a U.S. citizen, by federal immigration agents, marking the second such incident since the deployment of ICE agents to the state [2][4] - Minnesota Governor Tim Walz has called for the cessation of federal operations in the state, urging President Trump to withdraw federal agents [4] - Corporate leaders from major Minnesota companies have expressed the need for de-escalation and collaboration among public officials, reflecting a trend of corporate caution in addressing government policies [4] Group 2: Weather Impact on Economy - A significant winter storm affected over 20 states, leading to emergency declarations, flight cancellations, and increased natural gas prices, with demand in Virginia exceeding expectations [5] - The storm's impact on power supply resulted in hundreds of thousands losing electricity, highlighting vulnerabilities in energy infrastructure during extreme weather [5] Group 3: Automotive Industry Challenges - U.S. automakers are facing ongoing challenges, including supply chain issues, fluctuating interest in electric vehicles, and rising consumer demand for affordability [10][11] - The industry is preparing for a transition towards a smaller and more expensive auto market, as indicated by Hyundai North America CEO Randy Parker's comments on planning for adverse conditions [11]

Apple-Minnesota shooting, Big Tech earnings, the winter storm and more in Morning Squawk - Reportify