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Speaker 1: News when you wanted With Bloomberg News Now, I'm Brian

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Speaker 1: Curtis in Hong Kong. Anticipation is building for tomorrow's doubleheader

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Speaker 1: of CPI and the FED. More from Bloomberg's Michael McKee.

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Speaker 2: The CPI is not expected to move a whole lot.

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Speaker 2: The month over months headline is expected to come down,

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Speaker 2: and the year over year core is expected to come down,

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Speaker 2: but only just a little bit, which isn't going to

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Speaker 2: give the FED a lot of direction.

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Speaker 1: Bloomberg's Michael McKee in Corporate News, Sherry Redstone and National

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Speaker 1: Amusements have ended merger talks with sky Dance Media. Paramount

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Speaker 1: shares were down eight percent. Meantime, General Motors authorized a

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Speaker 1: new six billion dollars share buy back. We get more

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Speaker 1: from Bloomberg's Abigail Doolittle, the.

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Speaker 3: Green business, the EV business. They're citing growth there, so

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Speaker 3: they really are able to do that financial engineering and

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Speaker 3: return money to investors at thirty three percent dividend that

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Speaker 3: was boosted by thirty three percent in the first quarter,

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Speaker 3: and then this six billion dollar buyback. Investors really like it.

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Speaker 1: GM shares rose one point four percent. Elon Musk has

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Speaker 1: dropped a lawsuit against open Ai and its CEO Sam Altman. Initially,

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Speaker 1: Musk had alleged open ai breach to founding promise prioritizing

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Speaker 1: profits over humanity. However, without providing a reason, Musk withdrew

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Speaker 1: the complaint. That came a day before a California judge

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Speaker 1: was set to hear a request for dismissal. A Delaware

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Speaker 1: jury has convicted Hunter Biden on three federal counts of

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Speaker 1: lying about his drug use when he purchased a firearm.

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Speaker 1: He's the first child of a sitting president to be

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Speaker 1: convicted of crimes. This comes less than two weeks after

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Speaker 1: Donald Trump became the first former president to be found

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Speaker 1: guilty of felonies. We got reaction from Bloomberg Politics contributor

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Speaker 1: Genie Schianzano.

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Speaker 4: We have seen some polling on this. For instance, Emerson

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Speaker 4: did a poll and they found, similar to the reaction

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Speaker 4: to Trump's conviction, that vote six or seven out of

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Speaker 4: ten American voters that it wouldn't impact their vote whatsoever.

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Speaker 4: But that left about a quarter of Americans saying it

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Speaker 4: might impact them, and in this case, about eleven percent

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Speaker 4: of those were Democrats.

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Speaker 1: Genie shen Zeno, Secretary of State Anthony Blincoln says, Israeli

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Speaker 1: Prime Minister Benjamin Netanyahu has reaffirmed support for a ceasefire

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Speaker 1: proposal announced by President Biden. B. Lincoln is in Israel

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Speaker 1: for another round of diplomacy. It's his eighth visit since

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Speaker 1: the war with Hamas began back on October seventh. B.

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Speaker 1: Lincoln says Somas's response to UN Security Council resolution that

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Speaker 1: backs the seas fire is a hopeful sign. More from

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Speaker 1: Bloomberg's Jumana Bressecci.

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Speaker 5: Tier Hamas are saying that they're not going to sign

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Speaker 5: on to a permanent seasefire unless Israel provides some sort

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Speaker 5: of guidance or commitments that they're going to stick to it.

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Speaker 5: Israeli saying that they are not going to sign on

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Speaker 5: to a permanent seasfire unless they've secured the release of

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Speaker 5: all hostages and completed their military objectives. Still some daylight

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Speaker 5: between the two sides, but the fact that Blincoln is

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Speaker 5: here shows that some progress has been made.

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Speaker 1: Bloomberg's juman and Bursecchi reporting from Dubai, NATO's Secretary General

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Speaker 1: Jen Stoltenberg has left open the possibility for Hungary to

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Speaker 1: opt out of an aid package for Ukraine. This comes

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Speaker 1: after Budapest signaled that it would abstain from deepening support

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Speaker 1: for Kiev. Stoltenberg says he's hoping to seek a compromise.

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Speaker 6: I am aware that Hungry has some reservations. I'm going

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Speaker 6: to build Upasta. Tomorrow. I will sit down with a

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Speaker 6: promised Victor will won't discuss those reservations, and then I

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Speaker 6: can hopefully be able to say more exactly how we

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Speaker 6: will be able to address those reservations.

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Speaker 1: That was NATO's Secretary General Jen Stoltenberg. Hungarian President Victor

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Speaker 1: Urban's call for an opt out a future military aid

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Speaker 1: for Ukraine has raised concern among NATO allies about the

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Speaker 1: president that could set its primary night. In the United States,

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Speaker 1: Grisner has more with the results.

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Speaker 7: In South Carolina, Republican Representative Nancy Mace defeated a well

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Speaker 7: funded primary challenger, and these results will put her on

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Speaker 7: track to win a third term. This is a blow

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Speaker 7: to former House Speaker Kevin McCarthy's efforts to extract political

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Speaker 7: retribution against Mace for voting to oust him. And in Maine,

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Speaker 7: state representative and former NASCAR driver Austin Thielt won the

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Speaker 7: GOP primary race for the second congressional district.

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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