Transcript
NPR Reporter (0:00)
This message comes from Carvana, who makes buying and financing your next car easy. Thousands of vehicles, terms up front and 100% online. Even get it delivered to your door. Buy your car the easy way with Carvana. Delivery fee may apply.
Lakshmi Singh (0:16)
Live from NPR News, I'm Lakshmi Singh. President Trump's insistence the United States acquire Greenland is overshadowing the annual World Economic Forum meeting in Davos, Switzerland, this Week. NPR's Danielle Kurtzleben reports Trump is threatening new tariffs on any nation that stands opposed.
Danielle Kurtzleben (0:37)
Trump recently threatened to tariff eight European nations, all of them NATO members, if a deal is not reached for the US to purchase Greenland, part of the Kingdom of Denmark. Trump also texted the prime minister of Norway that the fact he didn't win the Nobel Peace Prize is weighing on his decision making. Overnight, Trump posted that French President Emmanuel Macron texted him, quote, I do not understand what you are doing on Greenland. Treasury Secretary Scott Besant spoke already at Davos today defending Trump's tariffs. Tomorrow Trump will speak and Thursday will be an event for the Board of Peace that the president created to oversee the reconstruction of Gaza, where Trump has attempted to end the conflict between Israel and Hamas. Danielle Kurtzleben, NPR News.
Lakshmi Singh (1:22)
President Trump is expected to have more to say this week about his plan to reduce home prices in the U.S. it may include a ban on corporate landlords owning single family homes. NPR's Jennifer Ludden tells us such a ban is popular with many, but it can be difficult to enact.
NPR Reporter (1:40)
One cap on investor landlords did just take effect in Fishers, Indiana. Mayor Scott Fadness says the idea is to protect local home ownership.
Nate Rott (1:49)
It's been a source of generational wealth in our country, particularly in the middle class, and I hate to see that go away.
NPR Reporter (1:56)
But in state after state, such proposals have failed. Failed. Economist Lori Goodman at the Urban Institute says the main driver of high prices is a housing shortage, and some investors are actually helping that by building homes to rent out. The best way to make housing affordable is to increase supply. Trump has said Congress would need to ban corporate home buying, and it's not clear that would pass either. Jennifer Lutton, NPR News, Washington.
Lakshmi Singh (2:25)
More than 100 vehicles are involved in a string of highway collisions during a snowstorm in Michigan this week. Grand Valley towing manager Jeff Westfeldt says yesterday's Pileup on Interstate 196 just southwest of Grand Rapids is one of the worst that his company's worked. Full blown accidents to winch outs, jackknife semis. State police report a lot of injuries, but no lives lost. Netflix says it is revising its $82.7 billion offer to acquire key parts of Warner Bros. Discovery. It says it's making it an all cash transaction instead of cash and stock. At last check on Wall street, the Dow is down more than 500 points. S&P is off 78. Nasdaq's lost 313 points. It's nice. The Supreme Court hears oral arguments tomorrow in a case involving the Trump administration's attempt to fire Fed Governor Lisa Cook. The high court will weigh arguments over whether President Trump has the authority to dismiss Cook or whether it's presidential overreach. Remains to be seen if Fed Chair Jerome Powell will be there. He has frequently been a target of criticism by Trump for resisting interest rate cuts, has recently come under federal investigation. Using a tool to accomplish a thing pretty common among humans and other species. But Austrian scientists say they've never seen a cow do it until now. NPR's Nate Rott brings us Veronica's story.
