Evening Briefing

Wuhan, the Chinese city at the center of a widening respiratory-virus outbreak, suspended outbound flights and rail service as China ramps up efforts to contain an illness that’s killed at least 17 people and infected hundreds. Citizens shouldn’t leave the city without special reasons, according to a report by state broadcaster CCTV. —Josh Petri

Bloomberg’s Green Daily is where climate science meets the future of energy, technology and finance. Sign up for our daily newsletter to get the smartest takes from our team of 10 climate columnists. Sign up here.

Here are today’s top stories

The U.S. Senate impeachment trial of President Donald Trump entered its second day as Democratic House managers began presenting their case on why the Republican should be removed from office.

United Nations experts accused the Saudi Crown Prince Mohammed bin Salman of possible involvement in hacking Amazon founder Jeff Bezos’s phone in an effort to “influence, if not silence” reporting on Saudi Arabia by his newspaper, the Washington Post.

The Pentagon made $35 trillion in accounting adjustments last year alone. That’s larger than the entire U.S. economy, and underscores the Defense Department’s continuing difficulty in balancing its books.

Boris Johnson’s Brexit deal cleared its final hurdles in Parliament, possibly bringing to a close the crisis that’s paralyzed British politics since the U.K. voted to leave the European Union almost four years ago.

Apple suppliers plan to begin assembling a new low-cost iPhone in February as the company looks to address a broader swath of the global smartphone market.

These billionaires made their fortunes trying to stop climate change. While they’re among the first to profit from climate solutions, they won’t be the last.

What’s Joe Weisenthal thinking about? The Bloomberg news director says he understands what makes Tesla’s story so captivating: It’s the world’s most visible highwire act. There’s Elon Musk, up there on a tightrope for all the world to see. Even if you’re not invested in the outcome, you can’t look away. You want to see whether he’ll make it. At the moment, he seems to be doing just fine: Tesla just surged past $100 billion in market value.

What you’ll need to know tomorrow

Sponsored Content by Betterment

Earn more on the money you save with Betterment Everydayᵀᴹ Cash Reserve, a high yield cash management account. No minimum balance and you can start saving with as little as $10.
"Cash Reserve is provided by Betterment LLC, which is not a bank, and cash transfers to program banks are facilitated by Betterment Securities. Click for details."

What you’ll want to read tonight in Businessweek

The Tesla Skeptics Who Bet Against Elon Musk

These shorts consider Elon Musk to be “the Jar Jar Binks of technology” despite Tesla’s $100 billion market cap. An informal yet obsessive global fraternity, these accountants, lawyers, hedge fund managers and former Tesla employees just love trolling. For a few years, they’ve been posting sick burns and negative indicators in equal measure with a $TSLAQ hashtag. They research executive departures, lawsuits, customer complaints, and accidents, adding the occasional allegation of financial chicanery. Meet the Tesla skeptics.

Like Bloomberg’s Evening Briefing? Subscribe to Bloomberg.com. You’ll get our unmatched global news coverage and two premium daily newsletters, The Bloomberg Open and The Bloomberg Close, and much, much more. See our limited-time introductory offer.

The best in-depth reporting from Asia Pacific and beyond, delivered to your inbox every Friday. Sign up here for The Reading List.

Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.