1 00:00:00,760 --> 00:00:03,880 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,880 --> 00:00:07,640 Speaker 1: mad Canigi. Senate Majority leader John Thune says the Democrat's 3 00:00:07,720 --> 00:00:11,239 Speaker 1: one year Affordable Care Act subsidy extension offer to end 4 00:00:11,240 --> 00:00:13,640 Speaker 1: the government shutdown is a non starter. 5 00:00:13,880 --> 00:00:17,640 Speaker 2: Republicans are not about to further burden taxpayers by blindly 6 00:00:17,720 --> 00:00:22,120 Speaker 2: extending a flawed program. The Democrat's proposal is just more 7 00:00:22,120 --> 00:00:27,600 Speaker 2: of the same, masking rising premiums and padding insurance companies 8 00:00:27,640 --> 00:00:29,360 Speaker 2: profits with more taxpayer dollars. 9 00:00:29,480 --> 00:00:32,800 Speaker 1: Punch Bowl News is now reporting that the Senate Gpeak 10 00:00:32,800 --> 00:00:35,360 Speaker 1: Conference will meet at twelve thirty pm Sunday. The Senate 11 00:00:35,360 --> 00:00:38,800 Speaker 1: will convene at noon for a rare Sunday session as 12 00:00:38,840 --> 00:00:41,160 Speaker 1: they try to find a way out of the shutdown. 13 00:00:41,760 --> 00:00:45,400 Speaker 1: Airlines canceled hundreds more flights this weekend, causing delays at 14 00:00:45,440 --> 00:00:48,080 Speaker 1: major airports in New York City and elsewhere as federal 15 00:00:48,120 --> 00:00:52,080 Speaker 1: authorities curtail air traffic because of the government shutdown. Out 16 00:00:52,080 --> 00:00:55,200 Speaker 1: of over twenty one thousand flights scheduled Saturday, about three 17 00:00:55,240 --> 00:00:58,680 Speaker 1: point seven percent had already been canceled as of Saturday morning. 18 00:00:58,720 --> 00:01:02,920 Speaker 1: This according to data compiled by aviation analytics company Serrium. 19 00:01:03,240 --> 00:01:06,759 Speaker 1: American United and Delta Airlines were the most affected. Many 20 00:01:06,800 --> 00:01:09,720 Speaker 1: flights that did eventually take off were delayed by hours. 21 00:01:10,480 --> 00:01:13,640 Speaker 1: UPS and FedEx are grounding part of its fleet following 22 00:01:13,680 --> 00:01:17,640 Speaker 1: a deadly plane crash earlier this week. Bloomberg's Monica Rix 23 00:01:17,640 --> 00:01:18,360 Speaker 1: has details. 24 00:01:18,520 --> 00:01:22,080 Speaker 3: Both UPS and FedEx are grounding their MD eleven fleets 25 00:01:22,080 --> 00:01:25,319 Speaker 3: on Boeing's recommendations as the company helps the FAA reveal 26 00:01:25,440 --> 00:01:27,959 Speaker 3: cargo plane crash that killed more than a dozen people 27 00:01:28,000 --> 00:01:31,479 Speaker 3: this week in Louisville, Kentucky. The groundings affect nine percent 28 00:01:31,480 --> 00:01:34,840 Speaker 3: of UPS's fleet and about four percent for FedEx. The 29 00:01:35,000 --> 00:01:38,640 Speaker 3: MD eleven was manufactured by McDonald Douglas, which Boeing took 30 00:01:38,720 --> 00:01:41,679 Speaker 3: over in nineteen ninety seven. The companies working on an 31 00:01:41,680 --> 00:01:44,720 Speaker 3: engineering analysis on the MD eleven that went down, and 32 00:01:44,760 --> 00:01:47,600 Speaker 3: the FEDS are using recovered cockpit voice and flight data 33 00:01:47,600 --> 00:01:51,480 Speaker 3: recorders to determine a cause. Monica Ricks Bloomberg Radio. 34 00:01:51,640 --> 00:01:55,160 Speaker 1: President Trump's plan to deploy the National Guard to Portland, Oregon, 35 00:01:55,200 --> 00:01:59,360 Speaker 1: to quell protests against his immigration crackdown was permanently blocked 36 00:01:59,400 --> 00:02:02,040 Speaker 1: by a US judge, handing him a major loss in 37 00:02:02,080 --> 00:02:05,000 Speaker 1: his bid to send troops to democratic led cities. A 38 00:02:05,120 --> 00:02:07,840 Speaker 1: judge who oversaw a trial last month, agreed with city 39 00:02:07,880 --> 00:02:11,080 Speaker 1: and state officials Friday that the protests have been largely 40 00:02:11,120 --> 00:02:13,800 Speaker 1: peaceful since a spate of violence in early June and 41 00:02:13,919 --> 00:02:17,400 Speaker 1: did not require the intervention of troops. The US Supreme 42 00:02:17,400 --> 00:02:20,280 Speaker 1: Court let the Trump administration for now withhold four billion 43 00:02:20,360 --> 00:02:22,919 Speaker 1: dollars in snap food aid that a judge had ordered 44 00:02:22,960 --> 00:02:26,280 Speaker 1: distributed Friday to fully fund November benefits for forty two 45 00:02:26,280 --> 00:02:29,840 Speaker 1: million people. The administrative stay, issued Friday night by Justice 46 00:02:29,880 --> 00:02:33,200 Speaker 1: Katanji Brown Jackson, is designed to give a federal appeals 47 00:02:33,200 --> 00:02:36,520 Speaker 1: court more time to consider the government's request for a 48 00:02:36,600 --> 00:02:40,800 Speaker 1: longer term order, letting it avoid making the payment. Pfizer 49 00:02:40,880 --> 00:02:43,440 Speaker 1: agreed to buy Metsara for up to ten billion dollars, 50 00:02:43,520 --> 00:02:46,919 Speaker 1: prevailing over Novo Nordisk in a tumultuous bidding war. After 51 00:02:47,080 --> 00:02:50,880 Speaker 1: US regulatory opposition thwarted the Danish drug maker's rival bid 52 00:02:51,080 --> 00:02:54,640 Speaker 1: for the obesity drug startup, Pfiser raised it'saw offered to 53 00:02:54,880 --> 00:02:57,680 Speaker 1: as much as eighty six dollars twenty five cents a share, 54 00:02:58,080 --> 00:03:01,240 Speaker 1: matching a revised bid from Novo. On November sixth, the 55 00:03:01,360 --> 00:03:03,679 Speaker 1: US company agreed to pay sixty five to sixty a 56 00:03:03,760 --> 00:03:06,120 Speaker 1: share in cash and up to twenty sixty five a 57 00:03:06,160 --> 00:03:10,000 Speaker 1: share contingent on certain milestones. In a statement Saturday, Novo 58 00:03:10,080 --> 00:03:13,320 Speaker 1: said that after careful consideration, it does not intend to 59 00:03:13,360 --> 00:03:16,600 Speaker 1: increase its offerre, adding that it believes that the structure 60 00:03:16,600 --> 00:03:20,919 Speaker 1: of its merger deal was compliant with antitrust laws. Farm 61 00:03:20,919 --> 00:03:23,240 Speaker 1: Maid is still on the table even after trade wins 62 00:03:23,240 --> 00:03:27,160 Speaker 1: and the Trump administration. Bloomberg's Amy Morris explains. 63 00:03:26,760 --> 00:03:30,120 Speaker 4: New international soybean sales are a boon for farmers, but 64 00:03:30,200 --> 00:03:33,680 Speaker 4: farmers also lost an estimated five point seven billion dollars 65 00:03:33,680 --> 00:03:36,680 Speaker 4: worth of soybean exports to China alone this year, and 66 00:03:36,800 --> 00:03:40,119 Speaker 4: Republicans from farm states say the Trump administration still needs 67 00:03:40,160 --> 00:03:44,240 Speaker 4: to send producers economic bailouts. The Agriculture Department can send 68 00:03:44,320 --> 00:03:47,480 Speaker 4: direct payments to farmers affected by the Trump tariffs. Senate 69 00:03:47,480 --> 00:03:51,400 Speaker 4: Agriculture Share Republican John Boozman says he's also working closely 70 00:03:51,440 --> 00:03:54,760 Speaker 4: with the USDA to decide who qualifies, but a multi 71 00:03:54,800 --> 00:03:57,400 Speaker 4: billion dollar farm maide package has been held up by 72 00:03:57,440 --> 00:04:01,200 Speaker 4: the government shutdown in Washington. Amy Moore as Bloomberg Radio. 73 00:04:01,200 --> 00:04:04,840 Speaker 1: Baby formula manufacturer by Heart has agreed to a recall 74 00:04:04,920 --> 00:04:08,160 Speaker 1: of some of its powdered formula. After thirteen infants were 75 00:04:08,160 --> 00:04:11,960 Speaker 1: diagnosed with bochuism after consuming the product, The Centers for 76 00:04:12,120 --> 00:04:15,920 Speaker 1: Disease Control in the FDA are investigating thirteen reported cases 77 00:04:16,120 --> 00:04:19,880 Speaker 1: of infant bochoism and hospitalizations in ten states. All the 78 00:04:19,920 --> 00:04:23,800 Speaker 1: babies affected had consumed by heart Brand powdered infant formula. 79 00:04:24,120 --> 00:04:26,880 Speaker 1: Although it can be fatal, there are treatments for the toxin. 80 00:04:27,120 --> 00:04:31,120 Speaker 1: There are no reported deaths of this specific outbreak. An 81 00:04:31,160 --> 00:04:34,560 Speaker 1: unusually large massive cold air is headed across parts of 82 00:04:34,600 --> 00:04:37,520 Speaker 1: the US soon. Here's meteorologist Craig Allen. 83 00:04:37,920 --> 00:04:40,640 Speaker 5: We have a very unusual drop in the jet stream 84 00:04:40,680 --> 00:04:42,719 Speaker 5: for so early in the season. It's going to occur 85 00:04:42,839 --> 00:04:45,720 Speaker 5: over the next three days and bring a very rare 86 00:04:45,960 --> 00:04:50,279 Speaker 5: cold outbreak of temperatures well below average along with some snow. 87 00:04:50,720 --> 00:04:53,040 Speaker 5: This displacement of the jet stream is going to send 88 00:04:53,040 --> 00:04:55,920 Speaker 5: record low temperatures down into the central US and then 89 00:04:56,000 --> 00:04:59,640 Speaker 5: the southern US first before heading east over towards the 90 00:04:59,640 --> 00:05:02,159 Speaker 5: eastern seaboard, So it goes all the way down to 91 00:05:02,200 --> 00:05:05,839 Speaker 5: the Gulf Coast Georgia, Texas, Florida, and temperatures could be 92 00:05:05,880 --> 00:05:08,719 Speaker 5: in the thirties and forties with windchills even colder than that, 93 00:05:08,960 --> 00:05:11,279 Speaker 5: And as for snowfall, there could be six inches or 94 00:05:11,320 --> 00:05:13,520 Speaker 5: more downwind of the Great. 95 00:05:13,320 --> 00:05:17,400 Speaker 1: Lakes meteorologist Craig Allen. That's news when you want it 96 00:05:17,400 --> 00:05:21,800 Speaker 1: with Bloomberg News Now, I'm made Kleggi. This is Bloomberg