FBI Releases Video Clip of Suspect in Charlie Kirk Killing; President Trump Will Attend Funeral
1) The suspect in the killing of Charlie Kirk slipped behind a building, braced himself on the roof and swung off the edge, hitting the ground hard and leaving behind palm smudges and a shoe print. He bolted across a patch of grass, cut through a parking lot and vanished into the trees.
2) President Donald Trump said he intends to attend the funeral for conservative activist Charlie Kirk, who was shot and killed at an event on a college campus in Utah.
3) The shock Israeli strike against Hamas officials in Doha, followed by Russian drones piercing the airspace of NATO ally Poland, delivered twin blows to President Donald Trump’s longtime boast that friends and foes respect the US under his leadership like never before.
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Bloomberg Audio Studios, Podcasts, radio News. Good morning, I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. Karen, we begin with the latest on the search for conservative activist Charlie Kirk's killer. The founder of Turning Point USA, was shot Wednesday while speaking to a crowd at Utah Valley University. Last night, the FBI released surveillance video a suspect dressed in black darting across a rooftop on campus, swinging over the edge, then walking past a parking lot. Earlier, authority said they had recovered the rifle used in the killing and released photos of that person of interest. Utah Governor Spencer Cox says they have a mountain of evidence. The public has answered our call for action. So far, we've received more than seven thousand leads and tips. I just note that the FBI hasn't received this many digital media tips from the public since the Boston Earthon bombing. Utah Governor Spencer Cox is also accusing China, Russia and other adversaries of spreading disinformation about the case to encourage violence. He says the state will pursue the death penalty against Charlie Kirk's killer. Well Nathan. President Trump says he plans to attend Charlie Kirk's funeral next week in Arizona. He says he's heard investigators are making big progress in finding the killer. I'd rather not say, I think progress is being made. He's an animal, total animal, and hopefully they'll have him and they'll get him. What he did is disgracefully. President Trump says he's spoken with Kirk's wife, Erica. Earlier, he announced he plans to award Kirk a posthumous Presidential Medal of Freedom. The president spoke to reporters on his way to New York City, where he attended last night's Yankee Game, to mark twenty four years since he September eleventh attacks. And Karen Charlie Kirk's murders, adding to a record surge of political violence in the US. A Bloomberg Geoeconomics analysis shows there have been five assassinations or attempted assassination since twenty twenty one. That's the most of any five years going back to the nineteen sixties, and that number includes the two attempts on President Trump's life last year. In their research note Bloomberg economist Jennifer Welch and Martin Quick say intensifying political polarization seems to be contributing to the rise. They say the risk going forward is that violence may lead to more violence. Well, Nathan, let's turn to new developments this morning. In the Boston may oral race, Josh Kraft, the son of New England Patriots owner Robert Kraft, is dropping out after losing badly to incumbent Michelle Wu in this week's preliminary election. Kraft tells New Center five in Boston that he can make a better impact outside of the race. The countries at a poise now. We see it every day where the vitriol and the political arguing and fighting, it's not leading to anything but anger and negativity. And Joshkraft won just twenty three percent of the vote compared to Wu's seventy two percent. He shattered fundraising records and outspend Wu by millions, but his suspension leaves Wu all but assured of a second term. In November, no other challenger advanced beyond the preliminary contest. Turned out to the latest on the trade front, Karen Treasury Secretary Scott Bessett will meet with Chinese Vice Premier Holy Fang in Madrid next week. They plan to discuss. Trade, economic and national security issues, In another sign talks between the two sides are heating up. The discussions will also cover TikTok status and efforts to combat money laundering. A ninety day tariff truce between the US and China is set to expire in early November. Nathan, trade tensions between the US and India may be easing. President Trump's pick for ambassador, Sergio Gore, says the two countries are close to resolving differences over a trade deal. India's purchases of Russian oil remain a key source of tension, and it's unclear how that would be resolved. President Trump slapped India with fifty percent tariffs last month. And Karen. Tensions between President Trump and the Federal Reserve are intensifying now. The Trump administration is looking to fast track it's bid to oust FED Governor Lisa Cook. Let's get the latest from Bloomberg's John Tucker. John Yeah, Nathan. President Trump has acid Federal Appeals Court to immediately pause the lower court decision that blocked his attempt to fire Cook. It's an indication. He wants this to go to the Supreme Court for the final word as soon as possible, So the administration asks for a ruling by Monday, that's one day before the FED starts meeting to vote whether to lower interest rates. Well, Cook can attend the meeting as long as the ruling remains in place, the Cook's lawyer says in a court filing and administrative stay with threatened Governor Cook's participation in next week's FED meeting and potentially plunge the Federal Open Market Committee's vote into turmoil. You know, York, I'm John Tucker, Bloomberg Radio. All right, John, thank you. You want to turn to the markets now, and futures are lower following another record close on Wall Street, shares of a Microsoft or higher up one one and a half percent this morning. The company and open AI have reached an agreement about the structure of their partnership. Began more with a Bloomberg's and a Bell Roulers. A new public benefit corporation is going to be created. That's a PBC. It's important just to make some nuance here. It's not like a traditional corporation. A PBC still needs to balance making money with also more corporate social responsibility goals as well. But open ai is going to be investing one hundred billion dollars into this. PBC Bloomberg's Anabel Rulers says open ai is facing opposition to its restructuring from Elon Musk, who is accusing the startup of defrauding investors about its commitment to its charitable mission. Microsoft is the largest shareholder in open Ai. We have another note on Microsoft this morning, Karen. The software giant's avoiding a hefty antitrust penalty after the European Union accepted its commitments to settle a probe into alleged illegal bundling of its Microsoft Teams video conferencing app. EU regulators say Microsoft's promise to carve out Teams from its hugely popular office packages alays competition concerns. Nathan Cheers of Adobe are at more than four percent. The software maker gave a strong quarterly revenue outlook. Analysts say that suggests Adobe is seeing a payoff from its investment in AI features. And Karen Bloomberg News has learned the paramount Skydance is preparing a bid for rival Warner Brothers Discovery paramount is The Hollywood studio was just taken over last month by independent filmmaker David Ellison. The offer is being backed by Allison's family, with his father Larry Ellison, of course, the co founder of Oracle Late last earlier this year, Warner Brothers said it planned to restructure into two divisions, one focused on cable TV, the other on streaming in studios. And it's time now for a look at some of the other stories making news in New York and around the world. And for that we're joined by Bloomberg's Michael Barr Michael, good Morning. Good Morning, Karen. Poland's Prime Minister Donald Tusk said the drone attack by Russia that happened earlier this week was not a mistake. Tusk's comments on x came just a few hours after President Trump told reporters the incursion could have been a mistake. Meanwhile, some lawmakers in Congress want to pass a bill that formerly recognizes Russia as a state sponsor of terrorism. Republican Senator Lindsay Graham of South Carolina and Democratic Senator Richard Blumenthal of Connecticut say Russia is kidnapping Ukrainian children. Bloomenthal says Senate leadership should rush the bill to a vote, especially after Russian drones went into Polish airspace earlier this week. I call on the Majority leader to give us a vote on the sanctions bill. After this incursion in Poland, the time is now to show strength. Senator Blumenthal called Vladimir Putin a war criminal. The suspect who New York City police say tortured and killed an elderly couple in Queens before setting their home on fire has been charged with multiple counts of first degree murder. Among the charges, Jamil McGriff also faces two counts of robbery, kidnapped, abduction resulting in death. McGriff was denied bail. Police say McGriff said Frank and Maureen Olton, both in their seventies, on fire Monday after spending five hours inside their home. Brazil's former president Jayer Bolsonaro has been convicted of attempting a coup to stay in office after losing his reelection bid in twenty twenty two. As he left the White House for a New York Yankees game, President Trump was asked about Bolsonaro's case. Well, I watched that trial. I know him pretty well. Barn Leader who's a good I thought he was a good president of Brazil. Four of the five justices on the Supreme Court panel voted to convict Bolsonario Thursday and sentenced him to twenty seven years and three months in prison. Global News twenty four hours a day and whenever you want it with Bloomberg News Now Michael Barr, and this is Bloomberg Camen. Thanks Michael. Time now for our Bloomberg Sports update, and for that we bring in John Stashauer. Thanks Garrek Khy. The start to the NFL season for the Green Bay Packers. They beat Detroit twenty seven to thirteen and came back five nights later another home win, this time twenty seven to eighteen over Washington. So they've beaten two of the best teams from the NFC last year and are two another for the first time. This is twenty twenty. Big night for the Packers tight end Tucker Craft. He had one hundred and twenty four yards in receptions, Aaron Judge two home runs, and the Yankees win over Detroit. Now three hundred and sixty one career home runs, He's tied for fourth on the all time Yankee list. That's a Bloomberg Sports Update. Stay with us. More from Bloomberg day Break coming up after this. All right, Michael Barr, thank you. Coast to coast on Bloomberg Radio, nationwide on Sirius XM, and around the world on Bloomberg dot Com and the Bloomberg Business out This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. The search for conservative activist Charlie Kirk's killer is now heading into a third day. Authorities in Utah say they have more than seven thousand leads and tips, including photos and surveillance video, but Utah Governor Spencer Cox is warning that people should not be swayed by false leads. What we're seeing is our adversaries want violence. China. We have bots from Russia, China, all over the world that are trying to instill disinformation and encourage violence. I would encourage you to ignore those. That was Utah Governor Spencer Cox updating the media last night. This morning, we were joined by Bloomberg's David Gura, the host of The Big Take podcast. So David, let's get to actual information. Update us on where things stand in the investigation right now. Good morning, Good morning, Governor Cox. We just heard from there. I was part of a news conference last night giving an update on this investigation. He was there with Cash Betel, the director of the FBI, Dan Bongino, his deputy is in Utah as well as all of this unfolds, and at this point, Nathan, we still have precious little information. This man hunt continues. At the news conference last night, the FBI did release new footage that they have from the scene here showing a person of interest running across a roof, than at the edge of it, jumping down onto some grass and running into the woods. New photographs as well of this person of interest wearing a T shirt, a black T shirt hat with a triangle on it, that T shirt having an American flag on it, suggesting the person was wearing Converse shoes as well. So giving some information here to the public to help identify this person if they can. But as you said, three days into this, no indication of them having any very close leads of getting this person yet. And there was an interesting Q and a during that news conference last night, a reporter asking the DPS commissioner in Utah if they think this person of interest remains in Utah and bo Mason the commissioner saying he has no idea, so we'll see what happens today. But again we heard that entreaty from public safety officials, including the FBI director, that if people know more about this incident, they should tell the government. Offering one hundred thousand dollars reward and indicating they've gotten more than seven thousand leads the far comparable only to what we saw after that Boston Marathon palmmon. And in terms of this concern that Governor Cox raised about disinformation spreading online, David, how is that playing out? We've seen a lot of it, and unfortunately it was done rather acutely in the case of the FBI director who posted on social media shortly after the shooting that the FBI had in fact caught the suspect responsible and had to walk that back in a subsequent post. The FBI has brought in two individuals persons of interest for questioning, but those are not suspects in this case. So that's only kind of fueled the fires around all of it. Surrounding all of this, but yeah, as you say, it's spread a lot on social media. I think in part because of the position of influence that Charlie Kirk had as somebody who was very active on social media, somebody who's TikTok videos, Instagram videos really were incredibly popular. So he's somebody who very much lived online as well, talking about that position of influencer. Seeing that play out, particularly with President Trump saying he's going to attend the funeral next week while he's still scheduled to go for state visited the u u k next week as well, what kind of a shadow has the loss of Charlie Kirk cast over Washington, DC. We heard the President address this assassination twice yesterday. First was at that memorial for nine to eleven at the Pentagon, where he said that Charlie Kirk would receive the Presidential Medal of Freedom posthumously, and then as he made his way to New York for that Yankees Detroit game last night, talked about it once again and says he doesn't tend to attend the funeral, which is going to be in Arizona. But Charlie Kirk was a very close friend to the Trump family. Of course, he played an important role in the re election campaign, but knew the President and his sons very well. The whole family. We saw JD. Van's, the Vice President, the last minute cancel a trip to New York for a nine to eleven memorial service to make his way to Utah to be on the scene there and accompany the casket with Charlie Kirk two Arizona to his home state. So I think it kind of really shows here the important role that Charlie Kirk played, yes, in Republican politics, Trump family politics, but also just as a friend and a real ally of the family. And we're seeing the weight that that has on the Trump's here in the last three days. Just thirty seconds left, David, But we've seen a lot of reflection about where the discourse is in this country. This new analysis from Bloomberg Economics that political violence is at record levels in this country. What is the risk that this could lead to more tensions? Incredibly sobering facet of all of this is that uptick in political violence. That analysis that you mentioned highlighting the fact there have been five assassinations or attempted assassinations of politicians, including two of President Trump here in recent years. So really the trend is not heading in a good direction. If there's any kind of unified voice coming through all of this. It's that call for the temperature to cool down, and you played that clip of Governor Cox at the top. He also paraphrased Charlie Kirk and thuring that news conference yesterday suggesting we should all put our phones down more and spend more time with our family. So he hoping that a legacy here is that we begin to sort of wake up to the fact that this isn't how discourse is supposed to be in this country and move back to a place where we're all able to speak with one another without the threat of physical violence. This is Bloomberg Daybreak, your morning podcast on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed by six am Eastern each morning, on Apple, Spotify, or anywhere else you listen. You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in New York, Bloomberg in ninety nine to one in Washington, Bloomberg ninety two nine in Boston, and nationwide on serious XM Channel one twenty one. Plus listen coast to coast on the Bloomberg Business app. Now with Applecarplay and Android auto interfaces. And don't forget to subscribe to Bloomberg News Now. It's the latest news, whenever you want it in five minutes or less. Search Bloomberg News Now on your favorite podcast platform to stay informed all day long. I'm Karen Moscow and I'm Nathan Hager. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg. Dabray