Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec

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Hamas agreed to release all Israeli hostages captured in its Oct. 7 attack but said the rest of President Donald Trump’s 20-point peace plan would be subject to negotiation.
The statement was a positive step that still raised questions about whether the promise would be sufficient to end the fighting. It also didn’t address Trump’s demand that the group disarm
In a statement, Hamas said it agreed “to release all Israeli prisoners — both living and deceased — in accordance with the exchange formula outlined in President Trump’s proposal, and contingent upon the necessary field conditions for carrying out the exchange.”
Hamas also said the hostages would need to be released “in a manner that ensures the cessation of the war and the full withdrawal from the Gaza Strip,” a caveat that raised questions in Israel about whether the group would go through with the plan. Hamas also said it was ready to transfer administration of the Gaza Strip to “a Palestinian body composed of independent technocrats.”
The group also said other parts of Trump’s 20-point plan “require a unified national stance and must be addressed based on relevant international laws and resolutions.”
Today's show features:

• Bloomberg Intelligence Senior Defense Analyst Wayne Sanders on Hamas agreeing to release remaining Israeli hostages
• Bloomberg TV & Radio International Economics & Policy Correspondent Mike McKee on his conversation with Federal Reserve Governor Stephen Miran
• Karin Kimbrough, Chief Economist at LinkedIn, on the health of the US labor market
• Dr. Iman Abuzeid, Co-Founder and CEO of Incredible Health, on building the largest career marketplace for permanent healthcare workers

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Drawing from decades leading New York City’s health department after 9/11, directing the CDC during the Ebola epidemic, and fighting tuberculosis and other lethal threats in India and around the world, Thomas Friedman wants you to protect your own health, safeguard your community, or solve seemingly impossible health challenges.

In his book, Thomas Frieden combines compelling stories with insider knowledge to show you how to win the battle for health. He also bridges the lethal gap between scientific knowledge and life-saving action. Dr. Frieden speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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After years getting shunned by major banks, Donald Trump’s money has found another place to call home: Citigroup Inc.

The president’s son, Eric Trump, signed up as a client of the third-largest US lender and established a trust there that holds some of his father’s money, according to people with direct knowledge of the matter, who asked not to be named discussing the confidential arrangements.
The relationship started after Chief Executive Officer Jane Fraser reached out to congratulate President Trump on his election win in November. The new trust is a sensitive topic inside the bank, which weighed how to limit access to information beyond key staff — such as wealth management chief Andy Sieg, who led talks with Eric Trump, and Kent Lucken, a Citigroup banker handling the relationship, some of the people said.

The unwillingness of many banks to safeguard Donald Trump’s wealth has irritated the president, who publicly lashed out this year at JPMorgan Chase & Co. and Bank of America Corp., claiming they refused his money. Both firms have said they don’t deny business on ideological grounds.
Traditional financial institutions “did everything they could to try and cancel us,” Eric Trump said in a Bloomberg Television interview last month. The president told CNBC he “ended up going to small banks all over the place.” A Citigroup spokesperson declined to comment. There was no response to a request for comment from the Trump Organization, the family’s real estate business where Eric Trump is a top executive.

Today's show features:

• Bloomberg News Banking Reporter Todd Gillespie on Trump’s Wealth, Once Spurned by Banks, Gets New Home at Citi
• Scott Wisniewski, President of AST SpaceMobile, on the market for cellular broadband in space and competing with Starlink
• Bloomberg News Managing Editor, Media & Entertainment, Lucas Shaw on the Bloomberg Businessweek cover story profiling Mr. Beast
• Drive to the Close with Adrianne Yamaki, Founder and Managing Partner of Strategic Wealth Capital

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Katie Kirkpatrick, President and CEO, at the Metro Atlanta Chamber, discusses how Atlanta is balancing its explosive growth and global event visibility with forward-thinking economic and real estate development

The Metro Atlanta Chamber (MAC) is a 165-year-old organization representing businesses, colleges and universities, and nonprofits across the 29-county region that makes up the nation’s sixth-largest market. Member companies invest in MAC’s work to attract and retain business, ensure a business-friendly climate through public policy efforts and market the region as a great place to live, work and play

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White House Budget Director Russell Vought is planning to swiftly dismiss federal workers, a sign that Republicans will lean into hardball tactics to pressure Democrats to cave to end a government shutdown.
Vought told House lawmakers Wednesday that some federal agencies will move to terminate workers within one to two days, according to people familiar with the remarks, who requested anonymity to discuss a private meeting.
White House Press Secretary Karoline Leavitt told reporters that layoffs would happen within “two days, imminent, very soon” but declined to give any details about what agencies or positions would be targeted.
President Donald Trump and his team have moved quickly to capitalize on the shutdown to shrink the size of the federal government.
The administration earlier Wednesday halted $18 billion in federal funding for infrastructure projects in New York City, including for the Second Avenue Subway project and Hudson Tunnel Project.
Today's show features:

• Bloomberg Intelligence Senior Policy Analyst Nathan Dean on the US Government Shutting Down
• Her Excellency Noor bint Ali Alkhulaif, CEO of Bahrain Economic Development Board and Kingdom of Bahrain’s Minister of Sustainable Development
• Angie Franks, CEO of Kalderos, and Bloomberg News Health Reporter Damian Garde on the Trump administration securing drug pricing deals with pharmaceutical companies
• Drive to the Close with Alexis Browne Roberts, COO & Portfolio Manager at Alexis Investment Partners

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April Rudin, CEO of the Rudin Group, and Nick Rice, Director at Brunswick Group, have co-authored a new book called Wealth Management with a Difference, which is set for global release in late October. The book delves into a generational change taking place in the global wealth management industry, offering actionable insights and strategies for financial professionals to seize emerging opportunities.

As younger generations and women accumulate and inherit massive wealth and technological advancements reshape the industry, Wealth Management with a Difference gives firms and advisors information they need to adapt and thrive. It covers client relationships, business strategies, marketing, and technology, with expert commentary from over 80 leaders globally.

April and Nick detail their findings with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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President Donald Trump threatened mass firings of federal workers as the US hurtles toward a shutdown with Democrats and Republicans at an impasse over funding the government.

“We may do a lot and that’s only because of the Democrats,” Trump said in response to a question about the number of government employees who could be dismissed during a shutdown. The White House last week directed agencies to draw up plans for widespread firings if the government closed down. So far, no agencies have explicitly called for terminations in their shutdown plans.

With just hours to go until a midnight deadline, the deadlock over spending threatens to paralyze many US government operations for the first time in nearly seven years, causing the suspension of services for Americans and paychecks for federal workers. As many as 750,000 federal workers could be temporarily furloughed, even if Trump doesn’t proceed with permanent dismissals, the nonpartisan Congressional Budget Office estimated.

Today's show features:

• Bloomberg Businessweek Senior Reporter Max Chafkin and Bloomberg Intelligence Senior Policy Analyst Nathan Dean on Wednesday's government shutdown deadline and Russell Vought’s influence on the negotiations
• Kevin Gordon, Senior Investment Strategist for Charles Schwab, on market concentration concerns
• Dr. Jenny Rooke, Founder and Managing Director of Genoa Ventures, on the funding environment for biotech
• Jan van Eck, CEO of VanEck, on the market for ETFs and mutual funds, and the boom in gold

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