Democratic presidential candidates made their closing arguments Tuesday as New Hampshire voters cast their ballots in the state’s primary. A new national poll showed a reshaped race, with Senator Bernie Sanders opening a 10-point lead over former Vice President Joe Biden. Sanders is favored to win the Granite State, though he is closely trailed by former Mayor Pete Buttigieg and Senator Amy Klobuchar. —David E. Rovella

Here are today’s top stories

Climate change is spurring a new, deep dive into a complex, little-studied weather system blamed for creating billions of dollars in flood damage across the western U.S.

One prosecutor said he will quit his job and others stepped down from the case of Roger Stone, an ally of President Donald Trump convicted of lying to Congress and witness tampering. The Justice Department cut in half a nine year sentence recommendation for Stone after Trump criticized the longer term. One former federal prosecutor called any White House interference in the case “extraordinary and frightening.”

How much is $12 billion? Last year, it was a little more than what JPMorgan paid all 56,000 of its investment bank employees and almost twice as much as gamblers lost in Las Vegas. But it was also what 15 hedge fund managers collectively took home.

Americans increased their borrowing for the 22nd straight quarter as more households took out loans to buy homes or refinance mortgages.

Samsung is leaning into its semiconductor advantage to overwhelm consumers with unmatched specs on its latest Galaxy devices.

What’s Luke Kawa thinking about? The Bloomberg cross-asset reporter contends that Microsoft is the new Tesla. Luke says the software company’s 5% jump so far in February can be attributed to it being the new stock for retail investors chasing get-rich-quick schemes.

What you’ll need to know tomorrow

• A ship is running out of food as coronavirus fears keep it at sea.
• Ray Dalio says the market impact of the epidemic is exaggerated.
• KKR undercut Wall Street with a last minute $1 billion loan.
• Bloomberg Opinion: Things are falling apart for the euro.
• Trump downplayed head injuries suffered by 109 U.S. soldiers.
• Spotify pays $200 million for the Ringer.
• Businessweek: There’s an app that can lower your car insurance.

What you’ll want to read in Bloomberg Pursuits

‘Parasite’ Gets Oscar Bump Thanks to Theaters

“Parasite,” the South Korean comic thriller that took home the Oscar for best picture Sunday, is cashing in on its newfound fame. U.S. and Canadian theaters are doubling the number of locations showing the film to 2,000, and online ticket sales have jumped 443% from last week on box-office website Fandango, the service said. 

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