1 00:00:02,080 --> 00:00:04,320 Speaker 1: News when you want it. With Bloomberg News Now, I'm 2 00:00:04,400 --> 00:00:07,800 Speaker 1: Doug Krisner. We begin with a war in Ukraine. Neighbors 3 00:00:07,920 --> 00:00:12,480 Speaker 1: Latvia and Romania are each reporting incidents involving Russian drones 4 00:00:12,520 --> 00:00:15,640 Speaker 1: over the weekend. We have more from Bloomberg's Ed Kalegi. 5 00:00:15,920 --> 00:00:20,200 Speaker 2: Latvia and Romania have each reported incidents involving Russian drones 6 00:00:20,280 --> 00:00:24,000 Speaker 2: during another UAV barrage fired at Ukraine over the weekend, 7 00:00:24,120 --> 00:00:27,080 Speaker 2: a sign of increasing aerial threats posed to countries in 8 00:00:27,120 --> 00:00:31,400 Speaker 2: the region. Latvian President Edgar's Rinkovik says a Russian military 9 00:00:31,480 --> 00:00:36,080 Speaker 2: drone crashed in eastern Latvia Saturday. On Sunday, Romania's foreign 10 00:00:36,159 --> 00:00:39,720 Speaker 2: ministry issued a statement urging Russia to abide by international 11 00:00:39,880 --> 00:00:43,480 Speaker 2: law after a drone violated ants airspace the previous night. 12 00:00:43,800 --> 00:00:45,520 Speaker 2: Ed Kalleggi Bloomberg Radio. 13 00:00:45,840 --> 00:00:49,440 Speaker 1: Former President Donald Trump leads Vice President Kamala Harris by 14 00:00:49,479 --> 00:00:52,479 Speaker 1: a single point in a new poll conducted by The 15 00:00:52,479 --> 00:00:55,960 Speaker 1: New York Times and Siena College. The poll also shows 16 00:00:56,000 --> 00:01:00,040 Speaker 1: half of voter's rate current economic conditions as poor. A 17 00:01:00,200 --> 00:01:03,720 Speaker 1: reference our own Bloomberg Morning Consule poll from August twenty 18 00:01:03,800 --> 00:01:07,000 Speaker 1: ninth shows Harris holding a two point lead over Trump 19 00:01:07,080 --> 00:01:10,720 Speaker 1: among seven key swing states. Tune into Bloomberg Television and 20 00:01:10,800 --> 00:01:14,720 Speaker 1: Radio for a special simulcast of the ABC presidential debate 21 00:01:15,080 --> 00:01:19,400 Speaker 1: Tuesday night, starting at eight pm Wall Street Time. Japan's 22 00:01:19,440 --> 00:01:22,399 Speaker 1: economy expanded in the second quarter at a pace slightly 23 00:01:22,520 --> 00:01:26,520 Speaker 1: slower than the government's initial estimate GDP, growing at an 24 00:01:26,560 --> 00:01:29,760 Speaker 1: annualized rate of two point nine percent. Now, growth is 25 00:01:29,800 --> 00:01:32,400 Speaker 1: still advancing enough to keep the Bank of Japan on 26 00:01:32,520 --> 00:01:36,119 Speaker 1: track to raise interest rates later this year. China says 27 00:01:36,200 --> 00:01:40,120 Speaker 1: it will fully open its manufacturing sector to foreign investments. 28 00:01:40,520 --> 00:01:44,080 Speaker 1: These are the last remaining limits on investments from other countries. 29 00:01:44,440 --> 00:01:47,880 Speaker 1: They will be removed beginning November one. The number of 30 00:01:47,920 --> 00:01:51,680 Speaker 1: areas that are restricted for foreign investors will also be reduced. 31 00:01:52,200 --> 00:01:54,720 Speaker 1: Boeing and its largest unions say they have reached a 32 00:01:54,760 --> 00:01:58,800 Speaker 1: deal that could potentially avoid a strike. The offerer includes 33 00:01:58,920 --> 00:02:01,160 Speaker 1: raises and promises of job security. 34 00:02:01,200 --> 00:02:01,360 Speaker 3: Now. 35 00:02:01,400 --> 00:02:04,600 Speaker 1: The union will still need to vote on this deal Thursday, 36 00:02:04,720 --> 00:02:09,480 Speaker 1: before the current contract expires. The Biden administration is crafting 37 00:02:09,560 --> 00:02:13,280 Speaker 1: a proposal to create a sovereign wealth fund. It would 38 00:02:13,320 --> 00:02:16,920 Speaker 1: allow the US to invest in national security interest. We 39 00:02:17,000 --> 00:02:19,280 Speaker 1: have more from Bloomberg's Charlie Pellett. 40 00:02:19,000 --> 00:02:23,000 Speaker 3: A sources whose interests include technology, energy, and critical links 41 00:02:23,040 --> 00:02:26,320 Speaker 3: in the supply chain. The behind the scenes work by 42 00:02:26,400 --> 00:02:30,960 Speaker 3: National Security Advisor Jake Sullivan and his deputy Dalib Singh mirrors, 43 00:02:31,000 --> 00:02:34,920 Speaker 3: at least in spirit, a proposal floated Thursday by Republican 44 00:02:34,960 --> 00:02:38,600 Speaker 3: presidential candidate Donald Trump, who called for a government owned 45 00:02:38,680 --> 00:02:42,960 Speaker 3: investment fund to finance quote great national endeavors during a 46 00:02:43,000 --> 00:02:46,079 Speaker 3: speech to the Economic Club of New York. Sullivan and 47 00:02:46,120 --> 00:02:48,680 Speaker 3: Singh have been working on the project for months across 48 00:02:48,720 --> 00:02:52,400 Speaker 3: a series of weekly brainstorming efforts in New York. Charlie 49 00:02:52,400 --> 00:02:53,720 Speaker 3: Pellett Bloomberg Radio. 50 00:02:53,880 --> 00:02:56,720 Speaker 1: Apple's most important event of the year will take place 51 00:02:56,800 --> 00:02:59,359 Speaker 1: on Monday. That's when the company will roll out its 52 00:02:59,440 --> 00:03:03,920 Speaker 1: latest eye iPhones along with its new artificial intelligence platform. 53 00:03:04,000 --> 00:03:06,360 Speaker 1: We have a preview from Bloomberg's Karen Moscow. 54 00:03:06,680 --> 00:03:09,959 Speaker 4: The event kicks off from Apple's headquarters in Kupertino, California, 55 00:03:09,960 --> 00:03:13,120 Speaker 4: at ten am local time. The most significant product announcement 56 00:03:13,160 --> 00:03:15,720 Speaker 4: will be the iPhone sixteen line, but the company is 57 00:03:15,760 --> 00:03:18,600 Speaker 4: also preparing major updates to both the Apple Watch and 58 00:03:18,800 --> 00:03:22,360 Speaker 4: air pods. Apple Intelligence a new suite of AI tools 59 00:03:22,360 --> 00:03:26,040 Speaker 4: that includes an updated Serie Digital Assistant will also feature 60 00:03:26,120 --> 00:03:29,359 Speaker 4: prominently the theme of the event. Its glow time is 61 00:03:29,400 --> 00:03:33,520 Speaker 4: a reference to series new interface. Karen Moscow, Bloomberg Radio. 62 00:03:33,680 --> 00:03:36,320 Speaker 1: How do you know when AI is powerful enough to 63 00:03:36,360 --> 00:03:38,880 Speaker 1: be dangerous? Here's Bloomberg's Amy Morris. 64 00:03:39,200 --> 00:03:41,560 Speaker 5: Regulators are trying to do the math to figure out 65 00:03:41,560 --> 00:03:44,480 Speaker 5: how to tell what an artificial intelligence system is so 66 00:03:44,680 --> 00:03:48,160 Speaker 5: powerful it poses a security danger and should not be 67 00:03:48,240 --> 00:03:53,119 Speaker 5: unleashed without careful oversight. Specifically, an aimodel trained on ten 68 00:03:53,160 --> 00:03:56,280 Speaker 5: to the twenty six floating point operations must now be 69 00:03:56,400 --> 00:04:01,320 Speaker 5: reported to the US government. That's one hundred septill calculations. 70 00:04:01,640 --> 00:04:04,760 Speaker 5: That signals to some lawmakers and AI safety advocates that 71 00:04:04,760 --> 00:04:07,520 Speaker 5: that would be a level of computing power to create 72 00:04:07,600 --> 00:04:11,680 Speaker 5: or proliferate weapons of mass destruction or even conduct catastrophic 73 00:04:11,720 --> 00:04:14,240 Speaker 5: cyber attacks. Amy Moore as Bloomberg Radio. 74 00:04:14,520 --> 00:04:17,960 Speaker 1: Companies that have dialed back on their diversity efforts under 75 00:04:17,960 --> 00:04:22,560 Speaker 1: conservative pressure may be facing a counter attack from activist investors. 76 00:04:22,839 --> 00:04:24,720 Speaker 1: We have more from Bloomberg's Nathan Hager. 77 00:04:24,920 --> 00:04:28,200 Speaker 6: Investors. At at least seven public companies are considering their 78 00:04:28,240 --> 00:04:32,480 Speaker 6: options against the campaign led by conservative influencer Robbie Starbuck, 79 00:04:32,560 --> 00:04:36,120 Speaker 6: the shareholder advocacy group as You So tells Bloomberg Law. 80 00:04:36,360 --> 00:04:40,520 Speaker 6: Those options include helping investors with proxy ballot proposals or 81 00:04:40,600 --> 00:04:43,640 Speaker 6: pushing to replace board members at companies that have reversed 82 00:04:43,640 --> 00:04:48,760 Speaker 6: course on DEI, including John Deere and Low's Nathan Hager 83 00:04:48,800 --> 00:04:50,040 Speaker 6: Bloomberg Radio. 84 00:04:50,000 --> 00:04:52,400 Speaker 1: And that is news when you want it with Bloomberg News. 85 00:04:52,440 --> 00:04:55,000 Speaker 1: Now I'm Doug Prisoner and this is Bloomberg