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Speaker 1: News when you want it. With Bloomberg News Now, I'm

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Speaker 1: Brian Curtis in Hong Kong. Russia is mourning the loss

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Speaker 1: of one hundred and thirty seven people killed in its

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Speaker 1: worst attack in decades. Bloomberg's head Baxter has the story.

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Speaker 2: Search crews continue to go through the rubble of what

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Speaker 2: was Moscow's concert hall. Vladimir Putin says four people are

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Speaker 2: in custody. They were on their way to Ukraine. Ukrainian

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Speaker 2: President of Vladimir Zelenski says Ukraine is not responsible. ISIS

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Speaker 2: k out of Afghanistan has claimed responsibility, and Senator Marco

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Speaker 2: Rubio on ABC has heard on Bloomberg says this group

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Speaker 2: is a threat to more than just Russia, that Europe,

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Speaker 2: Asia and the US should be worried. There is a

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Speaker 2: trafficking network out there that specializes in moving people.

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Speaker 3: They do it for profit, moving people and migrants around

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Speaker 3: the world, including across our southern border, who have links

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Speaker 3: to ISIS.

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Speaker 2: Rubio says, another reason that the southern border needs to

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Speaker 2: be closed ed Baxter Bloomberg Radio.

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Speaker 1: Chinese Premier Lee Chong has downplayed China's economic concerns. Bloomberg's

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Speaker 1: Join Wong has more or from Hong Kong.

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Speaker 4: Lisays China is stepping up policy support to spur growth

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Speaker 4: and that risks are being addressed. He says some issues

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Speaker 4: in China's property sector are not as serious as people think.

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Speaker 4: The premier gave the keynote speech at the China Development

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Speaker 4: Forum on Sunday. Li says there are still plenty of

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Speaker 4: space for policies to be expanded. China has reported a

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Speaker 4: solid start to twenty twenty four. Growth in exports, industrial production,

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Speaker 4: and investment have beaten expectations, but economists say more support

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Speaker 4: is needed to reach the five percent growth target this year.

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Speaker 4: Lead that not elaborate on how policies can be stepped

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Speaker 4: up in Hong Kong Juan Wong, Bloomberg Radio.

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Speaker 1: Meantime, China has reportedly adopted new guidance to limit the

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Speaker 1: use of US microprocessors in government computers. The FT says

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Speaker 1: the rules mean chips made by Intel and Advanced micro

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Speaker 1: Devices will gradually be replaced with local alternatives. The FT

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Speaker 1: report also said that software from companies like Microsoft would

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Speaker 1: be replaced. We'll get ready for a read on the

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Speaker 1: Fed's preferred measure of underlying US inflation. A story from

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Speaker 1: Bloomberg's Denise Pellegrini.

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Speaker 3: The government's PCE deflator for February comes out Friday. It

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Speaker 3: is expected to show inflation is running high. The core

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Speaker 3: Personal Consumption Expenditures price index excluding food and energy seen

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Speaker 3: rising three tenths of a percent. The overall measure forecasts

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Speaker 3: to climb four tenths of a percent, the most in September.

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Speaker 3: This will put the three month annualized core price growth

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Speaker 3: at the fastest since May. And on top of all this,

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Speaker 3: some economists expect the January numbers to be revised higher.

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Speaker 3: So put it all together and big difference potentially from

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Speaker 3: the end of last year when inflationary pressures. We're showing

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Speaker 3: signs of settling down back toward the Fed's two percent goal.

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Speaker 3: Denise Pellgrene, Bloomberg.

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Speaker 1: Radio Apple CEO Tim Cook says AI is an essential

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Speaker 1: tool for helping businesses reduce their carbon footprint. Cook spoke

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Speaker 1: at the China Development Forum in Beijing.

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Speaker 5: We would not be able to recover the level of

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Speaker 5: material that we do today for recycling without AI. I mean,

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Speaker 5: it's already fundamental in our calculation, and I think it

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Speaker 5: provides an enormous tool and the toolkit for every company

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Speaker 5: that's wishing to be carbon neutral or to lower their

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Speaker 5: emissions by substantial amount.

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Speaker 1: Cook returned to the CDF at a time when Beijing

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Speaker 1: wants to show it's open for business. The environmental theme

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Speaker 1: to Cook's trip may have been chosen to avoid geopolitical sensitivities.

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Speaker 1: Kok also made an appearance at the new Apple store

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Speaker 1: that opened in Shanghai last week. Potential new issues have

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Speaker 1: popped up for United Airlines, problems that may make it

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Speaker 1: a stock worth watching when trading resumes. The story from

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Speaker 1: Bloomberg's Denise Pellegrini.

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Speaker 3: We are hearing the US aviation authorities are considering some

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Speaker 3: drastic measures to curb growth at United, including blocking the

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Speaker 3: carrier from adding new routes following a series of safety incidents.

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Speaker 3: Sources say the Federal Aviation Administration has discussed the potential

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Speaker 3: actions with airline leadership, and they also say United may

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Speaker 3: be barred from flying paid customers on newly delivered aircraft.

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Speaker 3: The FAA is already suspending United's ability to approve and

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Speaker 3: promote pilots to fly different aircraft models, and among the

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Speaker 3: recent mishaps, a plane in Houston that ran off the

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Speaker 3: taxiway flight out of San Francisco that lost a tire

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Speaker 3: and of Houston to Florida flight that made an emergency

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Speaker 3: landing after one of its engines began spewing flames. Denise

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Speaker 3: Pelligritty Bloomberg Radio.

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Speaker 1: That's news when you want it with Bloomberg News Now.

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Speaker 1: I'm Brian Curtis. This is Bloomberg