1 00:00:01,000 --> 00:00:03,080 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,120 --> 00:00:06,840 Speaker 1: Doug Chrisner. The Justice Department has received a million more 3 00:00:06,960 --> 00:00:10,600 Speaker 1: documents on Jeffrey Epstein, and now the DOJ says it 4 00:00:10,640 --> 00:00:13,040 Speaker 1: may need a few more weeks to release all of 5 00:00:13,080 --> 00:00:16,320 Speaker 1: its records. In a post today on x, the Department 6 00:00:16,360 --> 00:00:19,079 Speaker 1: of Justice said it has received the documents from the 7 00:00:19,120 --> 00:00:23,120 Speaker 1: Manhattan US Attorney's Office and the FBI. Now lately there 8 00:00:23,160 --> 00:00:27,080 Speaker 1: has been increased scrutiny of the staggered release of Epstein 9 00:00:27,160 --> 00:00:31,320 Speaker 1: related records, including from his victims and members of Congress. 10 00:00:31,680 --> 00:00:33,320 Speaker 1: Here is Bloomberg's Laura Davison. 11 00:00:33,479 --> 00:00:37,560 Speaker 2: Because this is still an incomplete picture. You know, folks 12 00:00:37,560 --> 00:00:39,479 Speaker 2: who are pouring through this haven't really been able to 13 00:00:39,479 --> 00:00:44,480 Speaker 2: put together a comprehensive view on exactly what Jeffrey Epstein's 14 00:00:44,520 --> 00:00:47,840 Speaker 2: empire and sphere look like, who was involved, who knew 15 00:00:47,880 --> 00:00:51,800 Speaker 2: what when, and so that these documents really haven't provided 16 00:00:51,840 --> 00:00:55,560 Speaker 2: the clarity and transparency around Jeffrey Epstein the people were 17 00:00:55,560 --> 00:00:56,920 Speaker 2: hoping to find, at least so far. 18 00:00:57,120 --> 00:01:00,600 Speaker 1: That is Bloomberg's Laura Davison. Now, the Department of Justice 19 00:01:00,640 --> 00:01:03,720 Speaker 1: saying today its lawyers are working around the clock to 20 00:01:03,760 --> 00:01:08,000 Speaker 1: review the documents and remove victims' names and other sensitive information. 21 00:01:08,600 --> 00:01:12,000 Speaker 1: Federal auto safety regulators have opened a probe into the 22 00:01:12,040 --> 00:01:16,560 Speaker 1: emergency door releases in certain Tesla Model three vehicles. More 23 00:01:16,600 --> 00:01:18,399 Speaker 1: from Bloomberg's Erka Herskowitz. 24 00:01:18,640 --> 00:01:22,520 Speaker 3: The National Highway Traffic Safety Administration is evaluating claims that 25 00:01:22,600 --> 00:01:26,240 Speaker 3: the door releases, specifically on twenty twenty two Tesla Model 26 00:01:26,280 --> 00:01:30,200 Speaker 3: three sedans, are in its words, hidden, unlabeled, and not 27 00:01:30,360 --> 00:01:33,800 Speaker 3: intuitive to locate during an emergency. This adds to the 28 00:01:33,840 --> 00:01:37,680 Speaker 3: agency's investigation into weather doors are defective on certain model 29 00:01:37,840 --> 00:01:42,080 Speaker 3: ysuv's amid reports of children becoming trapped in vehicles when 30 00:01:42,120 --> 00:01:45,520 Speaker 3: the twelve volte battery dies. The Model three and Model 31 00:01:45,680 --> 00:01:49,400 Speaker 3: y are by far Tesla's top selling vehicles. Erica Herskowitz, 32 00:01:49,400 --> 00:01:50,080 Speaker 3: Bloomberg Radio. 33 00:01:50,360 --> 00:01:54,160 Speaker 1: In Honduras, a conservative candidate backed by Donald Trump is 34 00:01:54,200 --> 00:01:57,400 Speaker 1: the winner of the country's presidential election. After a long 35 00:01:57,440 --> 00:02:02,640 Speaker 1: and chaotic vote count. Naceres Uura has narrowly beaten Salvador 36 00:02:02,840 --> 00:02:06,520 Speaker 1: No Sorea, Asfura has pledged to cut ties with Beijing 37 00:02:06,680 --> 00:02:10,960 Speaker 1: and Venezuela and forge a close relationship with the US, 38 00:02:11,120 --> 00:02:14,760 Speaker 1: as well as Taiwan and Israel. A powerful winter storm 39 00:02:14,840 --> 00:02:18,840 Speaker 1: is lashing southern California, and coastal communities are bracing for 40 00:02:18,960 --> 00:02:23,239 Speaker 1: record rainfall over the next few days. Severe widespread flash 41 00:02:23,280 --> 00:02:27,600 Speaker 1: flooding is expected, and areas charred by wildfires are at 42 00:02:27,680 --> 00:02:32,040 Speaker 1: risk of monthslides. The US Weather Prediction Center says lives 43 00:02:32,040 --> 00:02:35,760 Speaker 1: and property are in great danger. Here is La County 44 00:02:35,760 --> 00:02:37,000 Speaker 1: Sheriff Robert Luna. 45 00:02:37,639 --> 00:02:39,800 Speaker 4: The last thing we want to do is ruin anybody's 46 00:02:39,880 --> 00:02:43,840 Speaker 4: Christmas plans. But we have an obligation as a county 47 00:02:43,880 --> 00:02:47,600 Speaker 4: family to say to wave the flag and say there's 48 00:02:47,600 --> 00:02:49,320 Speaker 4: a threat, a real thread out there. 49 00:02:49,480 --> 00:02:52,399 Speaker 1: La County Sheriff Robert Luna. There now, this storm will 50 00:02:52,440 --> 00:02:56,399 Speaker 1: pummel the region over the Christmas holiday until Friday. It's 51 00:02:56,440 --> 00:03:00,560 Speaker 1: already prompted some evacuations in La County, and it's likely 52 00:03:00,600 --> 00:03:05,800 Speaker 1: to bring road closures, airport delays, and flight cancelations. Meantime, 53 00:03:05,800 --> 00:03:09,480 Speaker 1: the US government is extending an emergency trucking waiver in 54 00:03:09,560 --> 00:03:13,120 Speaker 1: the Northeast as a winter storm approaches. The aim is 55 00:03:13,160 --> 00:03:17,040 Speaker 1: to make sure there's enough propane, natural gas, and heating oil. 56 00:03:17,440 --> 00:03:20,720 Speaker 1: This waiver will allow drivers transporting those fuels to work 57 00:03:20,760 --> 00:03:24,080 Speaker 1: without adhering to regulations on how long they can be 58 00:03:24,200 --> 00:03:27,960 Speaker 1: at the wheel without rest. Ukraine is ready to withdraw 59 00:03:28,120 --> 00:03:31,040 Speaker 1: heavy forces from the parts of the Donbas region it 60 00:03:31,120 --> 00:03:35,160 Speaker 1: still controls if Russia mirrors the pullback as part of 61 00:03:35,160 --> 00:03:39,680 Speaker 1: a piece deal. Ukrainian President Volodimir Zelensky outlined details of 62 00:03:39,840 --> 00:03:45,080 Speaker 1: potential demilitarized zones, and he emphasized any troop pullback would 63 00:03:45,120 --> 00:03:49,160 Speaker 1: require direct talks with the US and any final agreement 64 00:03:49,160 --> 00:03:53,200 Speaker 1: would be put to a nationwide referendum. In Ukraine. Meantime, 65 00:03:53,200 --> 00:03:55,840 Speaker 1: we are told that Russia will seek key changes in 66 00:03:55,880 --> 00:03:59,200 Speaker 1: the latest USP's plan. We are told they include more 67 00:03:59,240 --> 00:04:04,160 Speaker 1: restrictions on Ukraine's military. North Korean leader Kim John Un 68 00:04:04,200 --> 00:04:07,240 Speaker 1: reportedly oversaw the testing of a new type of high 69 00:04:07,280 --> 00:04:11,360 Speaker 1: altitude long range missile. State media in North Korea is 70 00:04:11,400 --> 00:04:15,280 Speaker 1: reporting the launched missile accurately hit a mock target at 71 00:04:15,320 --> 00:04:17,760 Speaker 1: an altitude of one hundred and twenty four miles. 72 00:04:18,120 --> 00:04:18,280 Speaker 5: Now. 73 00:04:18,320 --> 00:04:21,920 Speaker 1: This launch comes after a US nuclear submarine arrived at 74 00:04:21,960 --> 00:04:25,400 Speaker 1: the South Korean port of Busan a day earlier. The 75 00:04:25,440 --> 00:04:28,919 Speaker 1: stock market set records in a holiday shortened session. We 76 00:04:28,960 --> 00:04:31,200 Speaker 1: had the S and P five hundred rising three tenths 77 00:04:31,240 --> 00:04:34,040 Speaker 1: of one percent to an all time high. Sixty nine 78 00:04:34,160 --> 00:04:38,080 Speaker 1: thirty two breadth was solid trading thin, not surprising given 79 00:04:38,120 --> 00:04:41,320 Speaker 1: the fact it was Christmas Eve. The Dow also closed 80 00:04:41,320 --> 00:04:43,480 Speaker 1: at a record, picking up six tens of one percent 81 00:04:43,520 --> 00:04:46,760 Speaker 1: to forty eight thousy seven hundred thirty one. More from 82 00:04:46,800 --> 00:04:48,159 Speaker 1: Bloomberg's Charlie Pellet. 83 00:04:48,279 --> 00:04:51,760 Speaker 5: It's all about the Santa Claus rally, which typically encompasses 84 00:04:51,920 --> 00:04:54,680 Speaker 5: the last five trading days of the year and the 85 00:04:54,720 --> 00:04:58,159 Speaker 5: first two of the new one. So far this year, 86 00:04:58,440 --> 00:05:00,840 Speaker 5: the S and P five hundred and deck has advanced 87 00:05:00,880 --> 00:05:05,120 Speaker 5: seventeen point nine percent, the Dow by comparison, up fourteen 88 00:05:05,200 --> 00:05:09,200 Speaker 5: point five percent, while Nestak has surged twenty two point 89 00:05:09,240 --> 00:05:13,000 Speaker 5: three percent. Earlier this year, you recall the equity market 90 00:05:13,040 --> 00:05:16,000 Speaker 5: was on the brink of a bear market. Since then, 91 00:05:16,279 --> 00:05:19,120 Speaker 5: stocks have surged, with every dip being bought at a 92 00:05:19,200 --> 00:05:22,800 Speaker 5: record pace, and the fear of missing out dominating sentiment 93 00:05:23,160 --> 00:05:25,680 Speaker 5: in New York. Charlie Pellett Bloomberg. 94 00:05:25,279 --> 00:05:27,479 Speaker 1: Radio, and that is news when you want it with 95 00:05:27,520 --> 00:05:31,239 Speaker 1: Bloomberg News. Now, I'm Doug Chrisner, and this is Bloomberg