1
00:00:01,400 --> 00:00:04,560
Speaker 1: News when you wanted. With Bloomberg News Now, I'm Tom Busby.

2
00:00:05,120 --> 00:00:07,960
Speaker 1: We begin tonight with the latest news on Israel's war

3
00:00:08,000 --> 00:00:11,400
Speaker 1: with Hamas. US and Israeli officials looking to the future

4
00:00:11,480 --> 00:00:16,239
Speaker 1: of the Gaza Strip after defeating Hamas have begun discussing possibilities,

5
00:00:16,239 --> 00:00:19,800
Speaker 1: including potentially installing an interim government backed by the United

6
00:00:19,880 --> 00:00:24,080
Speaker 1: Nations with the involvement of Arab governments. Sources tell Bloomberg

7
00:00:24,120 --> 00:00:26,799
Speaker 1: the discussions are at an early stage and hinge on

8
00:00:26,920 --> 00:00:30,360
Speaker 1: developments still yet to happen, including the success of a

9
00:00:30,480 --> 00:00:34,240
Speaker 1: possible Israeli ground assault into Gaza, and any such plan

10
00:00:34,280 --> 00:00:36,960
Speaker 1: would need the approval and participation of Arab nations in

11
00:00:37,000 --> 00:00:40,240
Speaker 1: the region, which is by no means a certainty. Speaking

12
00:00:40,320 --> 00:00:43,239
Speaker 1: at a campaign fundraising stop in Washington on Friday night,

13
00:00:43,280 --> 00:00:47,559
Speaker 1: President Biden said Hamas attacked Israel in part to steymy

14
00:00:47,800 --> 00:00:51,600
Speaker 1: its efforts to normalize relations with Saudi Arabia, which would,

15
00:00:51,680 --> 00:00:56,240
Speaker 1: the President said, unite the Middle East. Two American citizens,

16
00:00:56,240 --> 00:00:59,600
Speaker 1: a mother and daughter held captive in Gaza, released by

17
00:00:59,640 --> 00:01:02,680
Speaker 1: Hama late Friday. They are now safe and sound with

18
00:01:02,880 --> 00:01:05,760
Speaker 1: Israeli authorities. The two have already spoken by phone with

19
00:01:05,880 --> 00:01:09,679
Speaker 1: President Biden US Secretary of State Anthony Blincoln.

20
00:01:10,480 --> 00:01:14,080
Speaker 2: Over the coming hours, they'll receive any support and assistance

21
00:01:14,080 --> 00:01:16,319
Speaker 2: that they need, and of course we're very anxious to

22
00:01:16,319 --> 00:01:17,840
Speaker 2: be able to reunite them with their loved ones.

23
00:01:18,640 --> 00:01:19,559
Speaker 3: We welcome the release.

24
00:01:20,319 --> 00:01:24,000
Speaker 2: We share in the relief that their families, friends, and

25
00:01:24,000 --> 00:01:24,800
Speaker 2: loved ones are feeling.

26
00:01:25,200 --> 00:01:27,880
Speaker 1: The two have been identified as seventeen year old Natalie

27
00:01:28,040 --> 00:01:31,840
Speaker 1: Shoshana Ra'anan and her mother, Judith ra Anan, of the

28
00:01:31,920 --> 00:01:34,600
Speaker 1: Chicago area. They were in Israel to celebrate a relative's

29
00:01:34,600 --> 00:01:37,560
Speaker 1: birthday when they were taken by Hamas militants and the

30
00:01:37,600 --> 00:01:40,679
Speaker 1: initial attack on October seventh. The father of the girl

31
00:01:40,760 --> 00:01:44,240
Speaker 1: telling the AP she's doing well, but Blinken notes there

32
00:01:44,280 --> 00:01:47,400
Speaker 1: are more Americans and many more others still being held

33
00:01:47,800 --> 00:01:48,840
Speaker 1: in Gaza.

34
00:01:48,880 --> 00:01:52,400
Speaker 2: But there are still ten additional Americans who remain unaccounted

35
00:01:52,400 --> 00:01:56,440
Speaker 2: for in this conflict. We know that some of them

36
00:01:56,520 --> 00:01:59,360
Speaker 2: are being held hostage by Hamas, along with an estimated

37
00:01:59,360 --> 00:02:03,240
Speaker 2: two hundred their hostages held in Gaza now.

38
00:02:03,280 --> 00:02:05,920
Speaker 1: This release today comes after US and European officials have

39
00:02:05,960 --> 00:02:10,079
Speaker 1: been pressing Israel to delay an expected ground invasion into

40
00:02:10,120 --> 00:02:13,480
Speaker 1: the territory to allow time for talks and cutter aimed

41
00:02:13,480 --> 00:02:17,120
Speaker 1: at freeing hostages. Meantime, leaders from around the region, as

42
00:02:17,120 --> 00:02:19,800
Speaker 1: well as envoys from Germany and China heading to Cairo,

43
00:02:20,000 --> 00:02:23,320
Speaker 1: Egypt for a summit on the conflict taking place on

44
00:02:23,400 --> 00:02:28,079
Speaker 1: Saturday in Washington. More chaos in Congress after conservative firebrand

45
00:02:28,120 --> 00:02:32,320
Speaker 1: and election denier Jim Jordan losing three votes on the

46
00:02:32,320 --> 00:02:35,440
Speaker 1: House floor to become speaker is now no longer the

47
00:02:35,480 --> 00:02:39,200
Speaker 1: Republican nominee for the job. A secret caucus by Republican

48
00:02:39,280 --> 00:02:43,000
Speaker 1: leaders rescinded his nomination. That puts Republicans back at square one,

49
00:02:43,560 --> 00:02:46,320
Speaker 1: as Jordan urges his colleagues to find a nominee that

50
00:02:46,360 --> 00:02:48,040
Speaker 1: the whole party can support.

51
00:02:48,440 --> 00:02:50,160
Speaker 4: We need to come together and figure out who our

52
00:02:50,200 --> 00:02:51,200
Speaker 4: speaker is going to be.

53
00:02:51,960 --> 00:02:53,760
Speaker 1: I'm going to work as hard as I can to

54
00:02:53,800 --> 00:02:57,600
Speaker 1: help that individual. Now, Republicans will hold another candidate forum

55
00:02:57,600 --> 00:03:01,440
Speaker 1: on Monday, allowing some time to campaigns for the job.

56
00:03:02,720 --> 00:03:07,239
Speaker 1: Another defendant in the Georgia election interference case pleading guilty today.

57
00:03:07,280 --> 00:03:10,959
Speaker 1: Attorney Kenneth Chesbrow entered a last minute plea as jurors

58
00:03:11,000 --> 00:03:16,320
Speaker 1: were being questioned. Bloomberg News legal reporter David Volriakis has more.

59
00:03:16,600 --> 00:03:21,440
Speaker 3: Kenneth Chesbrow, who was an important lawyer in the Trump

60
00:03:21,680 --> 00:03:26,240
Speaker 3: election campaign in twenty twenty, pleaded guilty on Friday in

61
00:03:26,360 --> 00:03:30,160
Speaker 3: state court in Atlanta, and he admitted that he played

62
00:03:30,160 --> 00:03:33,799
Speaker 3: a key role in a plot to assemble so called

63
00:03:34,240 --> 00:03:38,640
Speaker 3: alternate or fake electors. And what they were trying to

64
00:03:38,680 --> 00:03:44,000
Speaker 3: do was have electors in seven different states that said

65
00:03:44,080 --> 00:03:48,600
Speaker 3: that their state had given the victory to Donald Trump,

66
00:03:48,640 --> 00:03:51,040
Speaker 3: when in fact it went to Joe Biden.

67
00:03:51,440 --> 00:03:54,720
Speaker 1: That's Bloomberg's David Voriakis, and he says, as part of

68
00:03:54,760 --> 00:03:58,480
Speaker 1: this deal, Chesbro will need to testify truthfully at any

69
00:03:58,680 --> 00:04:02,920
Speaker 1: related future trial. Another dismal day on Wall Street and

70
00:04:03,000 --> 00:04:05,840
Speaker 1: another losing week for stocks on worries about the possibility

71
00:04:05,880 --> 00:04:08,680
Speaker 1: of higher interest rates from the Federal Reserve and about

72
00:04:08,680 --> 00:04:11,800
Speaker 1: the crisis in Israel possibly spreading across the Middle East.

73
00:04:12,200 --> 00:04:14,480
Speaker 1: At the close, the Dow down two hundred and eighty

74
00:04:14,480 --> 00:04:17,520
Speaker 1: seven points, that's almost one percent, the NASDAC down two

75
00:04:17,680 --> 00:04:19,720
Speaker 1: two all one and a half percent drop, the SMP

76
00:04:19,880 --> 00:04:24,840
Speaker 1: down fifty four. No deal yet between the striking United Autoworkers'

77
00:04:24,880 --> 00:04:28,920
Speaker 1: Union and Detroit's Big three automakers. Though progress has been made,

78
00:04:29,200 --> 00:04:33,160
Speaker 1: jeep Maker stillantis raising its wage hike proposal to twenty

79
00:04:33,240 --> 00:04:36,559
Speaker 1: three percent that matches the offers from GM and Ford. Still,

80
00:04:36,640 --> 00:04:40,919
Speaker 1: UAW President Sean Fainlay today said it is just not enough.

81
00:04:41,560 --> 00:04:45,560
Speaker 4: We've looked at the company's proposals, we've costed their offer,

82
00:04:46,560 --> 00:04:49,280
Speaker 4: and in my opinion, and in the opinion of the

83
00:04:49,360 --> 00:04:53,400
Speaker 4: Vice presidents, and in the opinion of your national negotiators,

84
00:04:54,000 --> 00:04:55,479
Speaker 4: there is more to be one.

85
00:04:56,160 --> 00:04:59,000
Speaker 1: That UAW strike now entering its sixth week, and although

86
00:04:59,160 --> 00:05:02,520
Speaker 1: no new walk outs we're announced today, Fine says more

87
00:05:02,600 --> 00:05:04,840
Speaker 1: may be needed to reach what he calls the quote

88
00:05:04,920 --> 00:05:09,400
Speaker 1: last mile in negotiations. And A ninety six year old

89
00:05:09,400 --> 00:05:12,479
Speaker 1: bottle of single malt Scotch from McAllen is set to

90
00:05:12,520 --> 00:05:14,960
Speaker 1: go up for auction next month at Sotheby's in London.

91
00:05:14,960 --> 00:05:17,880
Speaker 1: It's expected to go for at least one point four

92
00:05:18,279 --> 00:05:22,320
Speaker 1: million dollars. That's news when you wanted with Bloomberg News.

93
00:05:22,320 --> 00:05:25,640
Speaker 1: Now I'm Tom Busby, sis is Bloomberg