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Speaker 1: News when you want it. With Bloomberg News Now, I'm

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Speaker 1: Doug Chrisner. Senate negotiators are closing in on a deal

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Speaker 1: to address migration to the US as well as aid

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Speaker 1: to Israel and Ukraine. Bloomberg's Nancy Lyons has more.

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Speaker 2: Senate Majority leader Chuck Schumer sounded optimistic during a speech

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Speaker 2: on the Senate floor.

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Speaker 1: Conversations are ongoing.

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Speaker 3: Some issues still need resolution, but we are getting very

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Speaker 3: close on the National Security supplemental.

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Speaker 2: Schumer says the text of the proposal will be ready

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Speaker 2: no later than Sunday, with the vote planned for midweek.

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Speaker 2: It's expected to provide money for more border agents, as

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Speaker 2: well as grant the president new powers to expedite the

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Speaker 2: deportation of undocumented migrants, and also titan criteria for applying

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Speaker 2: for asylum in Washington. Nancy Lyons Bloomberg Radio.

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Speaker 1: President Biden has signed an executive order to crack down

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Speaker 1: on Israeli settlers who attack Palestinians. Here's White House National

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Speaker 1: Security Council spokesperson John Kirby speaking to reporters aboard Air

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Speaker 1: Force One.

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Speaker 4: Allow the United States to issue financial sanctions against those

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Speaker 4: directing or participating in certain actions, including acts or threats

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Speaker 4: of violence against civilians, intimidating civilians to cause them to

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Speaker 4: lead their homes, destroying or seizing property, or engaging in

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Speaker 4: terrorist activity in the West Bank.

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Speaker 1: That is White House National Security Council spokesman John Kirby.

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Speaker 3: Now.

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Speaker 1: Kirby went on to say the State Department imposed sanctions

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Speaker 1: on four people accused of being directly involved in attacks

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Speaker 1: against Palestinians in the West Bank. US Defense Secretary Lloyd

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Speaker 1: Austin is giving a maya kulpa for not being candid

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Speaker 1: with Congress and the White House about his recent hospital stay.

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Speaker 3: We did not handle this right, and I did not

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Speaker 3: handle this right. I should have told the President about

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Speaker 3: my cancer diagnosis. I should have also told my team

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Speaker 3: in the American public, and I take full responsibility. I

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Speaker 3: apologize to my teammates and to the American people.

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Speaker 1: That is US Defense Secretary Lloyd Austin. He went on

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Speaker 1: to say there were no gaps in authority at the

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Speaker 1: time the Pentagon during his absence. In Sporting news, the

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Speaker 1: Associated Press reports the Washington Commanders will hire Dan Quinn

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Speaker 1: as their next head coach. The fifty three year old

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Speaker 1: Quinn has spent the past three seasons as defensive coordinator

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Speaker 1: for the Dallas Cowboys. He previously spent five years as

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Speaker 1: head coach of the Atlanta Falcons. After the bell, Apple

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Speaker 1: reported a deepening slump in China. During the holiday quarter,

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Speaker 1: sales in China fell thirteen percent total revenue twenty point

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Speaker 1: eight billion. That was roughly three billion below the estimate earlier.

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Speaker 1: Bloomberg's Emily Chang spoke with Apple CFO Luka Maestri regarding

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Speaker 1: the Chinese market.

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Speaker 5: He said that there, you know, we stay saw a

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Speaker 5: record number, a record install base. They're still seeing strong

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Speaker 5: growth in upgraders. But again, you know, you know, this

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Speaker 5: is a market that folks have been very concerned about,

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Speaker 5: based on replacement cycles, based on you know, bands, on

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Speaker 5: foreign technology in the workplace. There you know, reports that

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Speaker 5: Apple is cutting the price of the iPhone in China.

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Speaker 5: So definitely a market to watch as always.

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Speaker 1: That is Bloomberg's Emily Chang. By the way, Apple's overall

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Speaker 1: iPhone sales were stronger than expected and the company did

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Speaker 1: return to revenue growth. Nonetheless, Apple shares were down about

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Speaker 1: three percent in the late US session. Also after the bell,

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Speaker 1: Meta Platforms boosted its stock buyback plan by fifty billion dollars.

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Speaker 1: The company also announced its first dividend of fifty cents

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Speaker 1: a share, and for the fourth quarter, Meta said sales

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Speaker 1: jumped twenty five percent and profits tripled. Here's David Kirkpatrick,

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Speaker 1: editor in chief at Technomy Media.

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Speaker 6: Nothing matters more to Zuckerberg than his image. He was

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Speaker 6: deeply humiliated yesterday in the Senate. I wouldn't be at

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Speaker 6: all surprised if they were not sure whether they were

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Speaker 6: going to announce a dividend and or a big buyback

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Speaker 6: today until they saw how he was treated in the Senate,

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Speaker 6: and he was treated very badly, so they had to

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Speaker 6: put all their wood behind the era.

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Speaker 1: That is David Kirkpatrick, the editor and chief ed Economy Media.

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Speaker 1: Meta shares and late trading were up fifteen percent. Amazon

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Speaker 1: reported strong sales and the company gave an outlook for

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Speaker 1: operating income above estimates. Amazon CEO Andy Jassey has been,

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Speaker 1: as we know, cutting cost and focusing on services that

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Speaker 1: make money. Those efforts appear to be paying off. Amazon

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Speaker 1: shares were up seven percent in the late US session,

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Speaker 1: and that is news when you want it with Bloomberg News. Now,

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Speaker 1: I'm Doug Krisner, and this is Bloomberg,