Netanyahu Says No Cease-Fire; New Apple Macs and PC Chips
On today's podcast:
1) Israel's Netanyahu Says there will be no cease-fire. Israel struck more targets in Lebanon and Syria overnight, while stepping up its ground operations in Gaza.
2) GOP House members are breaking with President Biden on a $14 Billion Israeli aid plan. The package separates the Israel aid from a broader Biden emergency funding request that includes assistance for Ukraine and Taiwan. It also leaves out humanitarian assistance for civilians in Gaza and Israel that the White House requested.
3) Apple is unveiling new laptops, iMacs and more powerful chips. The iPhone maker is rolling out a first-of-its-kind M3 chip that boosts performance and graphics horsepower.
4) The Detroit Lions beat the Las Vegas Raiders on Monday Night Football after a weak performance from wide receiver Davante Adams.
FULL TRANSCRIPT:
Good morning. I maybe Morris and I'm Karen Moscow. Here are the stories we're following today. We begin with the latest on the war in the Middle East. Israel has struck targets in Lebanon, stepping up its ground operations in Gaza. This latest military action comes as Prime Minister Benjamin Netanyahu rules out a cease fire and dismissed calls for him to resign over security failures that led to the October seventh Thamas attack. The only thing that I intend to have resign is Kamas. We're going to resign them to the dust benef history. That's my goal, that's my responsibility, and that's what I'm leading the country to do. Prime Minister Benjamin Netanyah, who says more than fourteen hundred Israelis were killed in that attack, the largest loss of Jewish life since the Holocaust. Well Amy Netanyah, who made his evening address in English Bloomberg's Oliver Crook is in Tel Aviv and has more on Netanyahu's message to the international community. The point that he was making was one that we've heard many times for the Prime Minister, a question of moral clarity in making the distinction between the deliberate murder of innocent and the unintentional casualties that accompany any war is what he says. And of course those casualties have exceeded now, according to the Gazen authorities, more than eight thousand people. And that is the big question internationally, where is the limit to self defense? On the question of ceasefires, he says, you wouldn't have asked for a ceasefire after Pearl Harbor or nine to eleven. That a ceasefire is a call for surrender for Israel is what he said. And regardless of who stands with Israel, he says, he's going to continue on this battle. And bloombergs Oliver Kuik, reporting from Tel Aviv, says authorities in Hamas run Gaza say the death toll since the war erupted has surpassed eighty three hundred and back here at Home, Defense Secretary Lloyd to Austin and Secretary of State Antony Blincoln will make the case that the United States should immediately send aid to both Israel and Ukraine. They'll testify at a Senate hearing. As House Republicans are taking their own path on aid to Israel. Bloomberg's Ed Baxter has that story. The Republicans introducing a fourteen point three billion dollar aid plan. The package separate it's Israel aid from a broader Biden emergency funding request that include Ukraine and Taiwan aid. We'll have to see what the Speaker will do now. It pays for the Israel Aid by cutting the Biden Inflation Reduction Act calling for a fourteen point three billion dollar reduction in funding for the IRS. This complicates the process to get anything done on this, as Democrats in the Senate and the President himself feel very strongly about that funding. Ad Baxter, Bloomberg Radio. All right, and thank you well. Turning to the markets now, the yen is falling the most in two months after the Bank of Japan made only minor changes to its policy settings, and that's disappointing some in the market who had expected more. The central Bank kept its camp on long term yields at one percent and left its negative interest rate untouched. Staying in Asia, China's factory activity fell back into contraction in October. Bloomberg Daybreak Asia anchor Brian Curtis has more from Hong Kong. The official PMI fill to forty nine point five in October, the estimate at fifty point two. In addition, an expansion of the services sector unexpectedly eased. The reading suggests the economy remains fragile and needs further support. The non manufacturing gauge declined to fifty point six from fifty one point seven in September, also lower than forecast. The numbers are skewed due to an eight day holiday at the beginning of the month, but let's not quibble. Demand remains weak. In On Kong, Brian Curtis, Bloomberg Radio, All right, Brian, thank you well. In corporate news, Apple has unveiled new iMac and laptop of models and the third generation of its in house processor line. The tech giant says the new chip will make its MacBooks more powerful and retain their battery life. Begain more from Bloomberg's executive Global Technology editor Tom Giles in San Francisco. What they're trying to show is that the new line of chips that they've just unveiled, the M three, is a kind of chips that's faster, more powerful, and at the same time more energy efficient. So what they're trying to do is they're using this new chip to breathe life into their their Mac product line, and Bloomberry's Tom Giles says Mac sales or forecast to climb about five percent in the holiday quarter, and staying on the tech theme, X, the platform formerly known as Twitter, is worth less than half of what Elon Musk paid for a year ago. More from Bloomberg's Charlie Pellett. The source tells Bloomberg restricted stock units awarded to employees value the company at nineteen billion dollars or forty five dollars a share a year ago. Musk bought Twitter for forty four billion dollars. Since the takeover, most of Twitter's staff was laid off or resigned. Musk renamed the company X, changed some of its content rules, and has since lost more than half of its AD revenue in New York. Charlie Pellett Bloomberg Radio. All right, Charlie, thanks now to the latest on the Sam Bankman freed fraud trial. The co founder of f TX took the stand again yesterday, telling a New York court he was aware Alimeter Research did not take steps to properly hedge risks. He is charged with approving the transfer of billions of FTX customer dollars into Alameter for investments, political donations, and real estate before both companies collapsed. Turning to earnings, thirty companies in the S and P five hundred will report today. Heading the list Pfizer, Caterpillar, and Amgen. Shares of Pinterest are up more than sixteen percent. In early trading, the social networking company reported third quarter results that beat estimates, and in Europe Amy shares a BP are falling there down more than five percent. Profitfel short of estimates as weak results in gas marketing offset a strong performance in oil trading. Like its big oil peers, BP's earnings were well below last year's record levels high by which were high by historical standards, as geopolitical tensions kept energy prices elevated. Ten time Now for look at some of the other stories making news around the world. For that, we're joined by Bloomberg's John Tucker. John, good morning and good morning, Karen. The White House says there's been a rise in anti Semitic incidents at schools and on college campuses nationwide following the Israel Hamas war. Among the latest officials at Cornell University, heay the FBI has been notified about online threats of violence directed at the university's Jewish Center. White House Press Secretary Cringe Jean Pierre, There's no place for hate in America, and we condemn any anti Semitic threat or incident in the strongest in the strongest terms, she says. The administration is monitoring those threats and others closely. Vice President Harris poised to announce an investment more than two hundred million dollars from philanthropic foundations to finance artificial intelligence advancements. That story in this report this morning from Bloomberg's Jeff Bellinger. The investment aligns with the Biden administration's broader goals of promoting AI innovation that x consumers and supports international rules for the nascent technology. The funders are also prioritizing initiatives focused on safeguarding democracy, assisting workers facing AI driven changes, and improving the transparency around AI. The announcement comes as Harris is scheduled to travel to London this week to meet with industry and foreign government leaders at a summit on AI. Risks Jeff Bellinger, Bloomberg Radio. The testimony of former President Trump's daughter Avanka in his ongoing civil fraud trial has been delayed. She was scheduled to take the stand Friday, but will now appear November eighth instead in order to provide sufficient time for her to be questioned. She'll testified the same day as the third Republican presidential primary debate, which your father has chosen to skip. In Colorado, trials begun that has a group ongoing. Former President Trump's role on January sixth disqualifies him from holding office and he should be kept off the ballot there. A similar case is going to be heard this week in Minnesota. There's another one in Michigan and another sent for New Hampshire. Ultimately, they may be destined for the US Supreme Court. Global news twenty four hours a day and whenever you want it with Bloomberg News Now. I'm John Tucker, and this is Bloomberg Radio. Karen all right, John, thanks well. We bring you news throughout the day right here on Bloomberg Radio. But now, as John said, you can get the latest news on demand whenever you want it. Subscribe to Bloomberg News Now to get the latest headlines at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News now on the Bloomberg Business app, Bloomberg dot com, plus Apple, Spotify, and anywhere else you get your podcasts. It is time now for the Bloomberg Sports Update. Here's John stash Hour, John Karen. The Texas Rangers are now nine to zero in this postseason in road games. They won Game three in the World Series at Arizona three to one's going all three runs in the third and aint Corey Seeger hit a two run homer. Max Schurzer pitched the first three innings, left with a back injury, but John Gray followed with three innings and then three relievers followed after that. Rangers now lead the series two games to one, with Game four in Phoenix tonight. Frank Howard has passed away at the age of eighty seven. A Major leaguer for sixteen years, he was the Rookie of the Year playing for the Dodgers in nineteen sixty, won a World Series in LA a few years later, then a four time All Star plane for the Washington Senators. The Mother Night Football game was in Detroit and the Lions were coming off a thirty eight to six loss last week at Baltimore, they rebounded and beat the Raiders twenty six to fourteen, and Detroit is now six and two. The rookie running back Jamier Gibbs twenty six carries one hundred and fifty two yards. The Celtics are three and oh. They got thirty six points from Jalen Brown in a one twenty six to one oh seven win at Washington. The Warriors are three and oh on the road and Steph Curry scored forty two. Golden State won at New Orleans won thirty to one oh two. The Bruins were facing the team that mos to them from the playoffs last year. Boston was down Tune up in Pavel Zaka scored in overtime, and the Bruins beat Florida three to two, Bruins improving to eighth and one on the season. The NFL trade deadline is today at four o'clock Eastern. Buffalo Bills have signed veteran running back Leonard Fournette. John stash Our Bloomberg Sports from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on SiriusXM, The Bloomberg Business app in Bloomberg dot Com. This is Bloomberg Daybreak. Good morning. I'm Amy Morris. Israel struck targets in Lebanon and stepped up its ground operations in Gaza. The latest military action comes as Prime Minister Benjamin Netanyah, who rules out a ceasefire. We're joined now by Bloomberg's Ross Matheson in London Rods. There was a defiant presser from Benjamin Nettnjah who despite those calls for a ceasefire. What was the main message, Well, it seemed to be a twofold message from Benjamin naw who in that press conference yesterday. The first one, as you say, was to make clear that he's not interested in a ceasefire right now with Hamas. He just said the stakes are too high for Israel and the imperative to strike back is too large. But it was also about him sort of resetting the narrative a bit potentially about his own leadership in this minute, as you were noting, he's been under pressure since the October seventh attack by Hamas. But the failure of Israel's intelligence services security services to see this coming, or certainly at least to ward it off from coming. And he has blamed others for that and was forced to apologize and retract a tweet that he did on it. And he was out there yesterday saying I'm here, I'm leading, I'm still in charge. In fact, he said I had to cool an end to the press conference so he could go off and, as he said, lead in this minute very much about sending a message that he's nowhere near resigning. In fact, he was asked in the press conference if he would resign. The answer was a resounding no. He was not going to resign. So it's about also his own personal leadership, and this minute is his popularity diminishing, however it is, and it seems to be there's sort of popular opinion on that. You can certainly see the tide on social media and some of the local media, also the opposition, but also more importantly senior figures in his so called unity government. Of course, he brought in other parties, other political figures in that moment, including Benny Gantz. He's been a key figure previously, and he's been quite critical of Nahu publicly overall of this, So it's not just sort of the public spirits. Also we're hearing senior figures in the security establishment, in the military, and in BB's own current Unity government, who are quite upset about some of the comments that he's made. Whether that leads to anything in the short term is unlikely. Right now, Israel is more focused on the war in Gaza, the war against Hamas, But in the longer term it is raising those further questions about his longevity as political leader. How much is this conflict spilling into other parts of the Middle East. What are more signs that you're seeing. Well, we're not saying that broad obviously, that the broad worry is that it becomes a Middle East wide conflict, but we are seeing seepitch in a way into other areas. So we're seeing Israel heating targets in Lebanon and Syria overnight. We're seeing Lebanon warning a short time ago that things could be escalating. Of course, Lebanon itself doesn't have a lot of control over Hesbella, that's the Iranian Bat militia that's operating there. It doesn't really have the ability to rain hesbelar In, but certainly Lebanon is worried about it and the knock on effect on its own country and the fact that things also seem to be spilling into Syria, where you've got a lot of Arani back malicious operating also does suggest that those concerns are real about the conflict escalating. And we know they've being attacked to and fro involving militia in Syria. They're also striking US soldiers at bases in places like Syria and Iraq. So you're seeing that escalation in activity involving Syria and Lebanon, at least those groups that are operating there. Thankfully now for now that you're still not seeing the sense that it's turning into a full scale regional conflict. Has there been more progress with increased humanitarian aid? It's been very limited. Again, a lot of calls obviously for aid to increase, many expressions of concern about the situation there, but still the trucks are only trickling in despite all those conversations and efforts that Israel's pledged to try and increase the aid flow, but there's no tangibles sign that that's really picking up. Meanwhile, the casualty rate inside Gaza is rising. The Hamas led administration there is now saying that eight three hundred people have been killed in Gaza, many of them children, and things are in a desperate state, including in the hospitals, So a lot of conversations around, a lots of conversations around. Can there be a pause in the fighting, But as of this morning, the flow of humanitarian health into Gaza is still very small. You're listening to Bloomberg Daybreak to day, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one sixty one in Boston, and Bloomberg nine sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, Sirius XM Channel one nineteen, the iHeartRadio app, and on Bloomberg dot Com. I'm Amy Morris and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day, right here on Bloomberg day Break
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Good morning. I maybe Morris and I'm Karen Moscow. Here 0:00:05.680 --> 0:00:07.440 are the stories we're following today. 0:00:08.560 --> 0:00:10.280 We begin with the latest on the war in the 0:00:10.320 --> 0:00:13.600 Middle East. Israel has struck targets in Lebanon, stepping up 0:00:13.600 --> 0:00:17.400 its ground operations in Gaza. This latest military action comes 0:00:17.440 --> 0:00:20.840 as Prime Minister Benjamin Netanyahu rules out a cease fire 0:00:21.239 --> 0:00:24.759 and dismissed calls for him to resign over security failures 0:00:24.760 --> 0:00:26.960 that led to the October seventh Thamas attack. 0:00:27.320 --> 0:00:30.560 The only thing that I intend to have resign is Kamas. 0:00:30.880 --> 0:00:33.360 We're going to resign them to the dust benef history. 0:00:33.520 --> 0:00:36.199 That's my goal, that's my responsibility, and that's what I'm 0:00:36.280 --> 0:00:37.159 leading the country to do. 0:00:37.479 --> 0:00:40.360 Prime Minister Benjamin Netanyah, who says more than fourteen hundred 0:00:40.440 --> 0:00:43.239 Israelis were killed in that attack, the largest loss of 0:00:43.320 --> 0:00:45.520 Jewish life since the Holocaust. 0:00:45.840 --> 0:00:48.800 Well Amy Netanyah, who made his evening address in English 0:00:48.840 --> 0:00:51.520 Bloomberg's Oliver Crook is in Tel Aviv and has more 0:00:51.560 --> 0:00:54.320 on Netanyahu's message to the international community. 0:00:54.600 --> 0:00:56.200 The point that he was making was one that we've 0:00:56.200 --> 0:00:58.200 heard many times for the Prime Minister, a question of 0:00:58.240 --> 0:01:01.160 moral clarity in making the distinction between the deliberate murder 0:01:01.200 --> 0:01:05.319 of innocent and the unintentional casualties that accompany any war is. 0:01:05.319 --> 0:01:05.920 What he says. 0:01:05.959 --> 0:01:08.520 And of course those casualties have exceeded now, according to 0:01:08.520 --> 0:01:10.920 the Gazen authorities, more than eight thousand people. And that 0:01:11.000 --> 0:01:14.080 is the big question internationally, where is the limit to 0:01:14.160 --> 0:01:16.720 self defense? On the question of ceasefires, he says, you 0:01:16.760 --> 0:01:19.000 wouldn't have asked for a ceasefire after Pearl Harbor or 0:01:19.080 --> 0:01:21.360 nine to eleven. That a ceasefire is a call for 0:01:21.400 --> 0:01:24.160 surrender for Israel is what he said. And regardless of 0:01:24.160 --> 0:01:26.080 who stands with Israel, he says, he's going to continue 0:01:26.120 --> 0:01:26.880 on this battle. 0:01:27.440 --> 0:01:30.720 And bloombergs Oliver Kuik, reporting from Tel Aviv, says authorities 0:01:30.760 --> 0:01:33.240 in Hamas run Gaza say the death toll since the 0:01:33.280 --> 0:01:36.039 war erupted has surpassed eighty three hundred. 0:01:36.080 --> 0:01:38.840 And back here at Home, Defense Secretary Lloyd to Austin 0:01:38.880 --> 0:01:41.679 and Secretary of State Antony Blincoln will make the case 0:01:41.720 --> 0:01:44.600 that the United States should immediately send aid to both 0:01:44.720 --> 0:01:48.640 Israel and Ukraine. They'll testify at a Senate hearing. As 0:01:48.760 --> 0:01:52.120 House Republicans are taking their own path on aid to Israel. 0:01:52.320 --> 0:01:54.360 Bloomberg's Ed Baxter has that story. 0:01:54.880 --> 0:01:58.600 The Republicans introducing a fourteen point three billion dollar aid plan. 0:01:59.120 --> 0:02:02.400 The package separate it's Israel aid from a broader Biden 0:02:02.440 --> 0:02:07.040 emergency funding request that include Ukraine and Taiwan aid. We'll 0:02:07.040 --> 0:02:09.520 have to see what the Speaker will do now. It 0:02:09.560 --> 0:02:12.400 pays for the Israel Aid by cutting the Biden Inflation 0:02:12.520 --> 0:02:16.000 Reduction Act calling for a fourteen point three billion dollar 0:02:16.160 --> 0:02:20.800 reduction in funding for the IRS. This complicates the process 0:02:20.840 --> 0:02:23.160 to get anything done on this, as Democrats in the 0:02:23.200 --> 0:02:27.600 Senate and the President himself feel very strongly about that funding. 0:02:28.200 --> 0:02:29.720 Ad Baxter, Bloomberg Radio. 0:02:30.000 --> 0:02:32.000 All right, and thank you well. Turning to the markets now, 0:02:32.040 --> 0:02:34.280 the yen is falling the most in two months after 0:02:34.280 --> 0:02:36.799 the Bank of Japan made only minor changes to its 0:02:36.800 --> 0:02:40.080 policy settings, and that's disappointing some in the market who 0:02:40.160 --> 0:02:42.920 had expected more. The central Bank kept its camp on 0:02:42.960 --> 0:02:45.960 long term yields at one percent and left its negative 0:02:46.000 --> 0:02:47.359 interest rate untouched. 0:02:47.880 --> 0:02:51.440 Staying in Asia, China's factory activity fell back into contraction 0:02:51.560 --> 0:02:55.239 in October. Bloomberg Daybreak Asia anchor Brian Curtis has more 0:02:55.280 --> 0:02:55.960 from Hong Kong. 0:02:56.120 --> 0:02:59.400 The official PMI fill to forty nine point five in October, 0:02:59.520 --> 0:03:03.079 the estimate at fifty point two. In addition, an expansion 0:03:03.120 --> 0:03:07.040 of the services sector unexpectedly eased. The reading suggests the 0:03:07.080 --> 0:03:11.240 economy remains fragile and needs further support. The non manufacturing 0:03:11.320 --> 0:03:14.640 gauge declined to fifty point six from fifty one point 0:03:14.760 --> 0:03:18.400 seven in September, also lower than forecast. The numbers are 0:03:18.440 --> 0:03:21.080 skewed due to an eight day holiday at the beginning 0:03:21.120 --> 0:03:24.360 of the month, but let's not quibble. Demand remains weak. 0:03:24.800 --> 0:03:26.960 In On Kong, Brian Curtis, Bloomberg. 0:03:26.560 --> 0:03:28.920 Radio, All right, Brian, thank you well. In corporate news, 0:03:28.960 --> 0:03:32.360 Apple has unveiled new iMac and laptop of models and 0:03:32.400 --> 0:03:36.120 the third generation of its in house processor line. The 0:03:36.160 --> 0:03:38.600 tech giant says the new chip will make its MacBooks 0:03:38.640 --> 0:03:41.839 more powerful and retain their battery life. Begain more from 0:03:41.880 --> 0:03:46.280 Bloomberg's executive Global Technology editor Tom Giles in San Francisco. 0:03:46.680 --> 0:03:50.760 What they're trying to show is that the new line 0:03:50.800 --> 0:03:55.040 of chips that they've just unveiled, the M three, is 0:03:55.480 --> 0:03:59.640 a kind of chips that's faster, more powerful, and at 0:03:59.680 --> 0:04:03.080 the same time more energy efficient. So what they're trying 0:04:03.120 --> 0:04:05.880 to do is they're using this new chip to breathe 0:04:06.000 --> 0:04:10.000 life into their their Mac product line. 0:04:09.600 --> 0:04:12.360 And Bloomberry's Tom Giles says Mac sales or forecast to 0:04:12.400 --> 0:04:15.120 climb about five percent in the holiday quarter. 0:04:15.360 --> 0:04:18.680 And staying on the tech theme, X, the platform formerly 0:04:18.720 --> 0:04:21.720 known as Twitter, is worth less than half of what 0:04:21.760 --> 0:04:24.880 Elon Musk paid for a year ago. More from Bloomberg's 0:04:24.920 --> 0:04:25.640 Charlie Pellett. 0:04:25.960 --> 0:04:30.400 The source tells Bloomberg restricted stock units awarded to employees 0:04:30.560 --> 0:04:34.240 value the company at nineteen billion dollars or forty five 0:04:34.360 --> 0:04:37.719 dollars a share a year ago. Musk bought Twitter for 0:04:37.720 --> 0:04:41.640 forty four billion dollars. Since the takeover, most of Twitter's 0:04:41.640 --> 0:04:45.800 staff was laid off or resigned. Musk renamed the company X, 0:04:46.120 --> 0:04:49.680 changed some of its content rules, and has since lost 0:04:49.720 --> 0:04:52.840 more than half of its AD revenue in New York. 0:04:53.000 --> 0:04:54.640 Charlie Pellett Bloomberg Radio. 0:04:54.960 --> 0:04:57.159 All right, Charlie, thanks now to the latest on the 0:04:57.200 --> 0:04:59.840 Sam Bankman freed fraud trial. The co founder of f 0:05:00.000 --> 0:05:03.200 TX took the stand again yesterday, telling a New York 0:05:03.240 --> 0:05:07.000 court he was aware Alimeter Research did not take steps 0:05:07.000 --> 0:05:10.159 to properly hedge risks. He is charged with approving the 0:05:10.240 --> 0:05:14.560 transfer of billions of FTX customer dollars into Alameter for investments, 0:05:14.600 --> 0:05:18.440 political donations, and real estate before both companies collapsed. 0:05:19.040 --> 0:05:21.200 Turning to earnings, thirty companies in the S and P 0:05:21.320 --> 0:05:25.240 five hundred will report today. Heading the list Pfizer, Caterpillar, 0:05:25.279 --> 0:05:28.719 and Amgen. Shares of Pinterest are up more than sixteen percent. 0:05:28.720 --> 0:05:32.000 In early trading, the social networking company reported third quarter 0:05:32.080 --> 0:05:33.919 results that beat estimates. 0:05:34.000 --> 0:05:36.880 And in Europe Amy shares a BP are falling there 0:05:36.920 --> 0:05:40.240 down more than five percent. Profitfel short of estimates as 0:05:40.240 --> 0:05:43.719 weak results in gas marketing offset a strong performance in 0:05:43.760 --> 0:05:47.680 oil trading. Like its big oil peers, BP's earnings were 0:05:47.720 --> 0:05:51.880 well below last year's record levels high by which were 0:05:51.920 --> 0:05:56.520 high by historical standards, as geopolitical tensions kept energy prices elevated. 0:06:00.880 --> 0:06:02.240 Ten time Now for look at some of the other 0:06:02.320 --> 0:06:04.440 stories making news around the world. For that, we're joined 0:06:04.480 --> 0:06:07.599 by Bloomberg's John Tucker. John, good morning and good. 0:06:07.400 --> 0:06:09.560 Morning, Karen. The White House says there's been a rise 0:06:09.600 --> 0:06:13.440 in anti Semitic incidents at schools and on college campuses 0:06:13.560 --> 0:06:17.839 nationwide following the Israel Hamas war. Among the latest officials 0:06:17.880 --> 0:06:21.320 at Cornell University, heay the FBI has been notified about 0:06:21.360 --> 0:06:25.080 online threats of violence directed at the university's Jewish Center. 0:06:25.440 --> 0:06:28.840 White House Press Secretary Cringe Jean Pierre. 0:06:28.839 --> 0:06:31.919 There's no place for hate in America, and we condemn 0:06:31.960 --> 0:06:35.440 any anti Semitic threat or incident in the strongest in 0:06:35.480 --> 0:06:36.720 the strongest. 0:06:36.200 --> 0:06:37.320 Terms, she says. 0:06:37.320 --> 0:06:41.240 The administration is monitoring those threats and others closely. Vice 0:06:41.279 --> 0:06:44.800 President Harris poised to announce an investment more than two 0:06:44.839 --> 0:06:50.479 hundred million dollars from philanthropic foundations to finance artificial intelligence advancements. 0:06:50.720 --> 0:06:53.600 That story in this report this morning from Bloomberg's Jeff Bellinger. 0:06:53.839 --> 0:06:57.560 The investment aligns with the Biden administration's broader goals of 0:06:57.640 --> 0:07:03.040 promoting AI innovation that x consumers and supports international rules 0:07:03.080 --> 0:07:07.760 for the nascent technology. The funders are also prioritizing initiatives 0:07:07.760 --> 0:07:12.560 focused on safeguarding democracy, assisting workers facing AI driven changes, 0:07:12.800 --> 0:07:17.480 and improving the transparency around AI. The announcement comes as 0:07:17.480 --> 0:07:20.520 Harris is scheduled to travel to London this week to 0:07:20.520 --> 0:07:23.680 meet with industry and foreign government leaders at a summit 0:07:23.760 --> 0:07:27.440 on AI. Risks Jeff Bellinger, Bloomberg Radio. 0:07:27.640 --> 0:07:31.240 The testimony of former President Trump's daughter Avanka in his 0:07:31.320 --> 0:07:34.560 ongoing civil fraud trial has been delayed. She was scheduled 0:07:34.600 --> 0:07:37.560 to take the stand Friday, but will now appear November 0:07:37.600 --> 0:07:40.320 eighth instead in order to provide sufficient time for her 0:07:40.320 --> 0:07:43.320 to be questioned. She'll testified the same day as the 0:07:43.360 --> 0:07:47.400 third Republican presidential primary debate, which your father has chosen 0:07:47.440 --> 0:07:51.360 to skip. In Colorado, trials begun that has a group ongoing. 0:07:51.400 --> 0:07:55.480 Former President Trump's role on January sixth disqualifies him from 0:07:55.480 --> 0:07:58.440 holding office and he should be kept off the ballot there. 0:07:58.600 --> 0:08:00.480 A similar case is going to be heard this week 0:08:00.480 --> 0:08:03.760 in Minnesota. There's another one in Michigan and another sent 0:08:03.800 --> 0:08:07.080 for New Hampshire. Ultimately, they may be destined for the 0:08:07.200 --> 0:08:10.760 US Supreme Court. Global news twenty four hours a day 0:08:10.920 --> 0:08:13.720 and whenever you want it with Bloomberg News Now. I'm 0:08:13.760 --> 0:08:16.440 John Tucker, and this is Bloomberg Radio. 0:08:16.640 --> 0:08:18.280 Karen all right, John, thanks well. 0:08:18.320 --> 0:08:20.680 We bring you news throughout the day right here on 0:08:20.760 --> 0:08:23.880 Bloomberg Radio. But now, as John said, you can get 0:08:23.920 --> 0:08:27.400 the latest news on demand whenever you want it. Subscribe 0:08:27.400 --> 0:08:30.080 to Bloomberg News Now to get the latest headlines at 0:08:30.080 --> 0:08:33.160 the click of a button. Get informed on your schedule. 0:08:33.240 --> 0:08:35.920 You can listen and subscribe to Bloomberg News now on 0:08:35.920 --> 0:08:39.920 the Bloomberg Business app, Bloomberg dot com, plus Apple, Spotify, 0:08:40.080 --> 0:08:47.320 and anywhere else you get your podcasts. It is time 0:08:47.320 --> 0:08:50.480 now for the Bloomberg Sports Update. Here's John stash Hour, 0:08:50.720 --> 0:08:51.880 John Karen. 0:08:51.920 --> 0:08:54.400 The Texas Rangers are now nine to zero in this 0:08:54.559 --> 0:08:57.439 postseason in road games. They won Game three in the 0:08:57.440 --> 0:09:00.000 World Series at Arizona three to one's going all three 0:09:00.240 --> 0:09:02.560 runs in the third and aint Corey Seeger hit a 0:09:02.600 --> 0:09:05.320 two run homer. Max Schurzer pitched the first three innings, 0:09:05.360 --> 0:09:07.920 left with a back injury, but John Gray followed with 0:09:07.960 --> 0:09:11.559 three innings and then three relievers followed after that. Rangers 0:09:11.559 --> 0:09:13.680 now lead the series two games to one, with Game 0:09:13.720 --> 0:09:16.720 four in Phoenix tonight. Frank Howard has passed away at 0:09:16.720 --> 0:09:19.839 the age of eighty seven. A Major leaguer for sixteen years, 0:09:19.840 --> 0:09:21.200 he was the Rookie of the Year playing for the 0:09:21.240 --> 0:09:24.199 Dodgers in nineteen sixty, won a World Series in LA 0:09:24.360 --> 0:09:26.560 a few years later, then a four time All Star 0:09:26.640 --> 0:09:30.680 plane for the Washington Senators. The Mother Night Football game 0:09:30.720 --> 0:09:32.640 was in Detroit and the Lions were coming off a 0:09:32.760 --> 0:09:35.720 thirty eight to six loss last week at Baltimore, they 0:09:35.760 --> 0:09:38.680 rebounded and beat the Raiders twenty six to fourteen, and 0:09:38.679 --> 0:09:40.880 Detroit is now six and two. The rookie running back 0:09:40.960 --> 0:09:44.680 Jamier Gibbs twenty six carries one hundred and fifty two yards. 0:09:44.880 --> 0:09:46.800 The Celtics are three and oh. They got thirty six 0:09:46.840 --> 0:09:49.440 points from Jalen Brown in a one twenty six to 0:09:49.480 --> 0:09:52.560 one oh seven win at Washington. The Warriors are three 0:09:52.559 --> 0:09:54.719 and oh on the road and Steph Curry scored forty two. 0:09:55.080 --> 0:09:57.719 Golden State won at New Orleans won thirty to one 0:09:57.760 --> 0:10:00.160 oh two. The Bruins were facing the team that mos 0:10:00.200 --> 0:10:03.040 to them from the playoffs last year. Boston was down 0:10:03.080 --> 0:10:05.920 Tune up in Pavel Zaka scored in overtime, and the 0:10:05.960 --> 0:10:09.320 Bruins beat Florida three to two, Bruins improving to eighth 0:10:09.559 --> 0:10:13.719 and one on the season. The NFL trade deadline is 0:10:13.800 --> 0:10:17.880 today at four o'clock Eastern. Buffalo Bills have signed veteran 0:10:17.920 --> 0:10:19.480 running back Leonard Fournette. 0:10:19.600 --> 0:10:21.400 John stash Our Bloomberg. 0:10:20.960 --> 0:10:26.880 Sports from coast to coast, from New York to San Francisco, 0:10:27.200 --> 0:10:32.200 Boston to Washington, DC, nationwide on SiriusXM, The Bloomberg Business 0:10:32.240 --> 0:10:36.040 app in Bloomberg dot Com. This is Bloomberg Daybreak. 0:10:37.600 --> 0:10:38.079 Good morning. 0:10:38.080 --> 0:10:41.320 I'm Amy Morris. Israel struck targets in Lebanon and stepped 0:10:41.360 --> 0:10:44.640 up its ground operations in Gaza. The latest military action 0:10:44.760 --> 0:10:48.000 comes as Prime Minister Benjamin Netanyah, who rules out a ceasefire. 0:10:48.200 --> 0:10:52.240 We're joined now by Bloomberg's Ross Matheson in London Rods. 0:10:52.320 --> 0:10:56.120 There was a defiant presser from Benjamin Nettnjah who despite 0:10:56.120 --> 0:11:01.439 those calls for a ceasefire. What was the main message. 0:11:00.320 --> 0:11:03.640 Well, it seemed to be a twofold message from Benjamin 0:11:03.840 --> 0:11:06.840 naw who in that press conference yesterday. The first one, 0:11:06.880 --> 0:11:09.280 as you say, was to make clear that he's not 0:11:09.360 --> 0:11:13.360 interested in a ceasefire right now with Hamas. He just 0:11:13.400 --> 0:11:16.400 said the stakes are too high for Israel and the 0:11:16.400 --> 0:11:19.400 imperative to strike back is too large. But it was 0:11:19.480 --> 0:11:22.520 also about him sort of resetting the narrative a bit 0:11:23.000 --> 0:11:27.040 potentially about his own leadership in this minute, as you 0:11:27.040 --> 0:11:30.600 were noting, he's been under pressure since the October seventh 0:11:30.720 --> 0:11:35.200 attack by Hamas. But the failure of Israel's intelligence services 0:11:35.240 --> 0:11:38.320 security services to see this coming, or certainly at least 0:11:38.320 --> 0:11:42.760 to ward it off from coming. And he has blamed 0:11:43.400 --> 0:11:46.679 others for that and was forced to apologize and retract 0:11:46.679 --> 0:11:48.920 a tweet that he did on it. And he was 0:11:49.040 --> 0:11:52.520 out there yesterday saying I'm here, I'm leading, I'm still 0:11:52.520 --> 0:11:54.800 in charge. In fact, he said I had to cool 0:11:55.160 --> 0:11:57.160 an end to the press conference so he could go 0:11:57.200 --> 0:12:00.480 off and, as he said, lead in this minute very 0:12:00.559 --> 0:12:04.320 much about sending a message that he's nowhere near resigning. 0:12:04.360 --> 0:12:06.240 In fact, he was asked in the press conference if 0:12:06.240 --> 0:12:08.640 he would resign. The answer was a resounding no. He 0:12:08.760 --> 0:12:11.520 was not going to resign. So it's about also his 0:12:11.559 --> 0:12:14.120 own personal leadership, and this minute. 0:12:14.040 --> 0:12:16.680 Is his popularity diminishing, however. 0:12:18.320 --> 0:12:20.400 It is, and it seems to be there's sort of 0:12:20.400 --> 0:12:23.640 popular opinion on that. You can certainly see the tide 0:12:23.679 --> 0:12:27.280 on social media and some of the local media, also 0:12:27.320 --> 0:12:31.080 the opposition, but also more importantly senior figures in his 0:12:31.200 --> 0:12:35.160 so called unity government. Of course, he brought in other parties, 0:12:35.280 --> 0:12:39.120 other political figures in that moment, including Benny Gantz. He's 0:12:39.120 --> 0:12:43.040 been a key figure previously, and he's been quite critical 0:12:43.200 --> 0:12:47.320 of Nahu publicly overall of this, So it's not just 0:12:47.800 --> 0:12:50.960 sort of the public spirits. Also we're hearing senior figures 0:12:51.000 --> 0:12:55.280 in the security establishment, in the military, and in BB's 0:12:55.320 --> 0:12:58.960 own current Unity government, who are quite upset about some 0:12:59.080 --> 0:13:01.760 of the comments that he's made. Whether that leads to 0:13:01.760 --> 0:13:04.880 anything in the short term is unlikely. Right now, Israel 0:13:05.000 --> 0:13:08.760 is more focused on the war in Gaza, the war 0:13:08.800 --> 0:13:11.880 against Hamas, But in the longer term it is raising 0:13:11.960 --> 0:13:16.400 those further questions about his longevity as political leader. 0:13:17.360 --> 0:13:21.040 How much is this conflict spilling into other parts of 0:13:21.120 --> 0:13:23.200 the Middle East. What are more signs that you're seeing. 0:13:24.200 --> 0:13:27.040 Well, we're not saying that broad obviously, that the broad 0:13:27.040 --> 0:13:30.400 worry is that it becomes a Middle East wide conflict, 0:13:30.440 --> 0:13:34.000 but we are seeing seepitch in a way into other areas. 0:13:34.000 --> 0:13:38.319 So we're seeing Israel heating targets in Lebanon and Syria overnight. 0:13:38.559 --> 0:13:41.640 We're seeing Lebanon warning a short time ago that things 0:13:41.640 --> 0:13:44.920 could be escalating. Of course, Lebanon itself doesn't have a 0:13:44.920 --> 0:13:48.319 lot of control over Hesbella, that's the Iranian Bat militia 0:13:48.320 --> 0:13:52.080 that's operating there. It doesn't really have the ability to 0:13:52.200 --> 0:13:55.679 rain hesbelar In, but certainly Lebanon is worried about it 0:13:55.720 --> 0:13:58.840 and the knock on effect on its own country and 0:13:58.880 --> 0:14:02.160 the fact that things also seem to be spilling into Syria, 0:14:02.200 --> 0:14:04.840 where you've got a lot of Arani back malicious operating 0:14:04.960 --> 0:14:08.880 also does suggest that those concerns are real about the 0:14:08.920 --> 0:14:11.800 conflict escalating. And we know they've being attacked to and 0:14:11.840 --> 0:14:16.880 fro involving militia in Syria. They're also striking US soldiers 0:14:17.280 --> 0:14:20.840 at bases in places like Syria and Iraq. So you're 0:14:20.880 --> 0:14:25.800 seeing that escalation in activity involving Syria and Lebanon, at 0:14:25.880 --> 0:14:29.520 least those groups that are operating there. Thankfully now for 0:14:29.600 --> 0:14:32.160 now that you're still not seeing the sense that it's 0:14:32.200 --> 0:14:34.360 turning into a full scale regional conflict. 0:14:35.160 --> 0:14:38.160 Has there been more progress with increased humanitarian aid? 0:14:39.480 --> 0:14:43.000 It's been very limited. Again, a lot of calls obviously 0:14:43.120 --> 0:14:47.720 for aid to increase, many expressions of concern about the 0:14:47.800 --> 0:14:51.480 situation there, but still the trucks are only trickling in 0:14:52.400 --> 0:14:56.840 despite all those conversations and efforts that Israel's pledged to 0:14:56.920 --> 0:15:00.000 try and increase the aid flow, but there's no tangibles 0:15:00.080 --> 0:15:03.960 sign that that's really picking up. Meanwhile, the casualty rate 0:15:04.040 --> 0:15:08.480 inside Gaza is rising. The Hamas led administration there is 0:15:08.480 --> 0:15:12.040 now saying that eight three hundred people have been killed 0:15:12.080 --> 0:15:15.160 in Gaza, many of them children, and things are in 0:15:15.200 --> 0:15:18.800 a desperate state, including in the hospitals, So a lot 0:15:18.800 --> 0:15:22.160 of conversations around, a lots of conversations around. Can there 0:15:22.200 --> 0:15:25.760 be a pause in the fighting, But as of this morning, 0:15:26.160 --> 0:15:31.560 the flow of humanitarian health into Gaza is still very small. 0:15:31.680 --> 0:15:34.960 You're listening to Bloomberg Daybreak to day, your morning brief 0:15:35.000 --> 0:15:38.200 on the stories making news from Wall Street to Washington 0:15:38.360 --> 0:15:38.960 and beyond. 0:15:39.280 --> 0:15:42.080 Look for us on your podcast feed at six am 0:15:42.160 --> 0:15:45.800 Eastern each morning, on Apple, Spotify, and anywhere else you 0:15:45.880 --> 0:15:47.000 get your podcasts. 0:15:47.120 --> 0:15:50.360 You can also listen live each morning starting at five 0:15:50.400 --> 0:15:53.560 am Wall Street time on Bloomberg eleven three to zero 0:15:53.600 --> 0:15:56.800 in New York, Bloomberg ninety nine to one in Washington, 0:15:57.160 --> 0:16:01.200 Bloomberg one sixty one in Boston, and Bloomberg nine sixty 0:16:01.360 --> 0:16:02.359 in San Francisco. 0:16:02.680 --> 0:16:05.840 Our flagship New York station is also available on your 0:16:05.880 --> 0:16:11.560 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. 0:16:11.800 --> 0:16:15.280 Listen coast to coast on the Bloomberg Business app, Sirius 0:16:15.440 --> 0:16:19.800 XM Channel one nineteen, the iHeartRadio app, and on Bloomberg 0:16:19.840 --> 0:16:21.960 dot Com. I'm Amy Morris. 0:16:21.840 --> 0:16:23.040 And I'm Karen Moscow. 0:16:23.240 --> 0:16:26.000 Join us again tomorrow morning for all the news you 0:16:26.120 --> 0:16:29.000 need to start your day, right here on Bloomberg day 0:16:29.000 --> 0:16:29.240 Break