Plus: Trump administration to take stake in rare-earth metal company. And quantum-computing company IonQ to acquire chip maker SkyWater Technology. Julie Chang hosts.
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Plus: Trump administration to take stake in rare-earth metal company. And quantum-computing company IonQ to acquire chip maker SkyWater Technology. Julie Chang hosts.
Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Secretary of Defense Pete Hegseth says he is taking a “sledgehammer” to a federal program that many tribes and tribal businesses rely on. He is referring to the Small Business Administration’s 8(a) Business Development Program that extends contract priorities to disadvantaged business owners. Hegseth uses words like “fraud” and “scheme” to describe what he says is an outdated diversity, equity, and inclusion (DEI) initiative. His is part of an overall scrutiny of the program by the federal government. Hundreds of Native small businesses have accessed the program over the past 60 years, and some Alaska Native corporations have multi-million dollar contracts.
GUESTS
Jon Panamaroff (Native Village of Afognak), co-chair of the Native American Contractors Association and CEO of Command Holdings
Kevin Allis (Forest County Potawatomi), founder and president of Thunderbird Strategic and former CEO of the National Congress of American Indians
Nick Grube, investigative reporter at Honolulu Civil Beat
Break 1 Music: Shawnee Stomp Dance (song) Little Axe Singers (artist) Traditional Voices: Historic Recordings of Traditional Native American Music (album)
Break 2 Music: Mahaha: Tickling Demon (song) PIQSIQ (artist) Legends (album)
Millions of Americans get snowed and iced in. Maine plane crash. The weekend shooting death of a Minneapolis man by federal agents. CBS News Correspondent Cami McCormick has those stories and more on the World News Roundup podcast.
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Following yet another deadly shooting by ICE agents in Minnesota, more than 60 CEOs there have now signed a letter calling on federal, state, and local officials to de-escalate. Some smaller businesses across the state have temporarily closed or reduced hours as employees and customers worry about being stopped or profiled by ICE. Also: Surging precious metal prices hint at investor anxieties, and we look at the economic impact of the 2026 Winter Olympics.
From the BBC World Service: A group of European countries has signed a clean energy pact, committing to build an offshore wind power grid in the North Sea. The agreement is in contrast to the U.S. and President Donald Trump's strong opposition to wind power. Then, gold hit another high. Plus, Peru’s Chinese-funded “mega port” has ambitious plans to become a local and regional hub for Latin America, but is it delivering?
Plus: A hearing is scheduled for today in Minnesota federal court that seeks to bar Homeland Security and Justice Department officials from destroying or concealing evidence related to this weekend’s shooting. And gold has surged past 5000 dollars for the first time ever - adding to its historic rally. Luke Vargas hosts.
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A.M. Edition for Jan. 26. Saturday’s fatal shooting of Alex Pretti marks the second time federal agents killed a U.S. citizen in Minneapolis in two weeks. In an interview with the Wall Street Journal, President Trump declined to say whether the officer who shot Pretti acted appropriately and said his administration was investigating. Plus, we’ll bring you a massive scandal at the very top of China's military leadership. And WSJ’s Joe Wallace explains why gold just can’t seem to lose its lustre. Luke Vargas hosts.
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Billions of dollars has been poured into the AI economy in recent years. As part of a new series about what the AI economy means for you, Marketplace Tech is looking at the infrastructure build-out behind the AI boom, starting with a visit to an Amazon Web Service lab in Cupertino, California, where AWS developers are squeezing as much networking efficiency out of their servers as possible for their AI ambitions.
Hundreds of businesses across Minnesota are expected to close on Friday as part of a general strike against the tactics and actions of ICE. New York Times columnist Lydia Polgreen described what she saw in Minneapolis as a "civil war." And after decades of debate, Metro's board unanimously approved plans for a multibillion-dollar underground rail line through the Sepulveda Pass in Los Angeles. Meanwhile, more than 175 million Americans are facing winter weather warnings with a massive storm barreling across the country. And before Ernest Hemingway was discharged in 1961 from St. Marys Hospital in Minnesota, he gave Sister Immaculata his novella "The Old Man and the Sea," inscribing a personal note in it; that book is now in the hands of the Nobel Prize Museum in Sweden for the world to see. In business, an L.A. startup is using SpaceX rocket-engine technology to cool data centers, and the historic Radford Studio Center defaults on its mortgage due to Hollywood's production slowdown. Read more at LATimes.com.
Today’s episode of Up First was edited by Eric Westervelt, Krishnadev Calamur, Alfredo Carbajal, Mohamad ElBardicy and Adam Bearne.
It was produced by Ziad Buchh, Nia Dumas, Ava Pukatch and Christopher Thomas.
We get engineering support from Simon-Laslo Janssen. And our technical director is David Greenburg.
(0:00) Introduction
(01:55) Minnesota ICE Shooting Aftermath
(05:44) Senate DHS Funding Vote
(09:26) Icy Weather
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