WEBVTT - Deadly NYC Office Shooting; US and China Talks Optimism

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>Good morning, I'm Nathan Hager and I'm Karen Moscow. Here

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<v Speaker 2>are the stories we're following today.

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<v Speaker 3>Karen, we'll have more on the markets in a minute,

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<v Speaker 3>but we begin with the latest on the deadly shooting

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<v Speaker 3>spree in New York City. A gunman shot and killed

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<v Speaker 3>four people before turning the gun on himself at the

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<v Speaker 3>epicenter of American Finance, in a building that houses the

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<v Speaker 3>offices of the National Football League. Bloomberg's John Tucker joins

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<v Speaker 3>us from Manhattan with the very latest.

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<v Speaker 4>John and Nathan's security camera footage at three forty five

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<v Speaker 4>Park Cabinue who shows the shooter double Park is black.

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<v Speaker 4>BMW enter the lobby of the forty four story dark

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<v Speaker 4>glass tower with an assault rifle. He turns right and

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<v Speaker 4>immediately opens fire on an NYPD officer. He then shoots

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<v Speaker 4>a woman who took cover behind a pillar, and proceeds

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<v Speaker 4>through the lobby, spring it with gunfire. He makes his

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<v Speaker 4>way to the elevator bank, where he shoots a security

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<v Speaker 4>guard who is taking cover behind a desk. NYPD Commissioner

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<v Speaker 4>Jessica Tish goes up.

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<v Speaker 5>To the thirty third floor, which is Roodent Management and

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<v Speaker 5>begins to walk the floor, firing rounds as he traveled.

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<v Speaker 4>Mayor Eric Adams identifies the murdered police officer, who was

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<v Speaker 4>in uniform working security, as thirty six year old dar

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<v Speaker 4>Adel Islam, married with two young boys and a pregnant wife.

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<v Speaker 6>He's an immigrant from Bangladesh and he loved this city,

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<v Speaker 6>and everyone we spoke with stated he was in person

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<v Speaker 6>of faith.

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<v Speaker 4>Jessica Chen was attending a presentation on the second floor

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<v Speaker 4>with over one hundred colleagues when they heard the commotion.

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<v Speaker 4>Her first instinct was to text her loved ones.

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<v Speaker 7>Testing my parents that I love them.

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<v Speaker 8>I tested people good in.

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<v Speaker 7>My life that I love them. We were honestly, really

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<v Speaker 7>really scared.

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<v Speaker 4>Three forty five Park is home to Rudent Management, the

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<v Speaker 4>investment company blacks Stone KPMG, and the National Football League.

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<v Speaker 4>A Blackstone employee was among those killed. At ESPN reports

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<v Speaker 4>one NFL employee was seriously injured, and now law enforcement

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<v Speaker 4>officials are telling Bloomberg the gunman was targeting the NFL

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<v Speaker 4>but ended up on a Rootent Management floor by mistake.

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<v Speaker 4>The shooters identified as Las Vegas resident Shane Devon Tamara.

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<v Speaker 4>He was found dead from what's believed to be a

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<v Speaker 4>self inflicted gunshot wound, and his social media feed showed

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<v Speaker 4>he had a football career that ended after a head injury,

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<v Speaker 4>and he wrote that the NFL didn't do enough. He

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<v Speaker 4>has a documented history of mental health problems. He previously

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<v Speaker 4>worked as a security guard at a Las Vegas casino

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<v Speaker 4>and did hold a concealed Carrie permit for Nevada. In

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<v Speaker 4>New York Time, John Socker Bloomberg Radio.

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<v Speaker 2>Nathan, we want to turn out to the trade talks,

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<v Speaker 2>and Commerce Secretary Howard Lutnik is sounding optimistic that the

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<v Speaker 2>US and China will be able to extend their trade

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<v Speaker 2>truths in other ninety days.

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<v Speaker 9>They're talking right now. The decision maker, of course, with

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<v Speaker 9>President Trump. I'm sure the people with who are speaking

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<v Speaker 9>with China.

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<v Speaker 8>We're going to go discuss with.

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<v Speaker 9>President Trump how he wants to play it. He's got

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<v Speaker 9>an excellent relationship with President She and I think we'll

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<v Speaker 9>leave that to Donald Trump to decide how he wants

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<v Speaker 9>to do it. Is that a lively outcome, Sure it

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<v Speaker 9>seems that way, but let's leave it to President Trump

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<v Speaker 9>to decide.

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<v Speaker 2>Commer Secretary Howard Lutnek spoke on Fox News. Treasury Secretary

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<v Speaker 2>Scott Bessend is leading a delegation and a third round

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<v Speaker 2>of talks with Chinese officials that's said to wrap up

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<v Speaker 2>today in Sweden. Meantime, the President Taiwan appears to have

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<v Speaker 2>canceled an overseas trip next week after the Trump administration

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<v Speaker 2>failed to approve his stopover in the US. Sources to

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<v Speaker 2>say there is growing concern that Lei Ching does visit

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<v Speaker 2>could derail the China talks. In a possible summit between

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<v Speaker 2>President Trump and Xieshin Ping on Truth's Social President Trump

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<v Speaker 2>denied he's seeking a meeting with she that we said

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<v Speaker 2>he could go to China if the President invites him well.

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<v Speaker 3>Meanwhile, Karen, the trade agreement that the European Union just

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<v Speaker 3>reats with the US is facing outing criticism. The deal

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<v Speaker 3>would slap fifteen percent tariffs on most EU exports, while

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<v Speaker 3>the average duty on US goods should drop below one

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<v Speaker 3>percent once the agreement goes into effect. We get more

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<v Speaker 3>from Bloomberg News executive editor Paul Dobson.

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<v Speaker 10>It does seem like as people considered this deal, they

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<v Speaker 10>detected that there were some weaknesses within what the European

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<v Speaker 10>Union had conceded in order to get it done. So, yes,

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<v Speaker 10>having some sort of a deal removes that risk of escalation,

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<v Speaker 10>but it also sort of takes away the bargaining ships

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<v Speaker 10>that the authorities had to try to drive better deal.

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<v Speaker 10>In some parts of the business.

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<v Speaker 3>World, Bloomberg's Paul Dobson reports the US and EU are

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<v Speaker 3>working on a non legally binding joint statement by this Friday,

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<v Speaker 3>and then we'll start working on a legally binding text.

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<v Speaker 3>An EU official says that could take time. These kinds

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<v Speaker 3>of trade accords usually take years of negotiations.

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<v Speaker 2>Nathan, there may be a mega rail deal in the works.

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<v Speaker 2>Bloomberg News has learned United Union Pacific is near an

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<v Speaker 2>agreement for a stock and cash dealed by Norfolk Southern

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<v Speaker 2>would value the small Arrival at about three hundred and

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<v Speaker 2>twenty dollars a share. That price would represent a roughly

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<v Speaker 2>twenty three percent premium to Norfolk Southern stock price before

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<v Speaker 2>the first reports of a potential deal this month. If kimpleted,

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<v Speaker 2>this would be the rail industry's biggest ever tie up.

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<v Speaker 3>Certain of the equity markets now, Karen futures are pointed

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<v Speaker 3>higher as we enter the Tuesday session.

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<v Speaker 8>The SMP five hundred.

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<v Speaker 3>Eek got a gain yesterday to nach it's sixth consecutive

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<v Speaker 3>record close. Cameron Dawson is chief investment officer at New

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<v Speaker 3>Edge Wealth.

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<v Speaker 5>We've been thinking that the one risk to the upside

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<v Speaker 5>in the US is that we were calling it the

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<v Speaker 5>prints market, where we could sing, let's go crazy and

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<v Speaker 5>party like it's nineteen ninety nine. And there are certainly

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<v Speaker 5>aspects of this market that are starting to look very frothy.

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<v Speaker 5>We're starting to see huge rallies in the most speculative

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<v Speaker 5>portions of the market. You see a lot of options

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<v Speaker 5>activity that is only betting on the upside. All this

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<v Speaker 5>speculative fervor shows that there are investors that are absolutely

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<v Speaker 5>clamoring for risk and have zero for any potential downside.

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<v Speaker 3>New Edge welths Cameron Dawson thinks earnings will be the

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<v Speaker 3>key driver for markets going forward.

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<v Speaker 2>Well, speaking of earnings, Nathan, it'll be another busy day

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<v Speaker 2>with nearly three dozen companies in the S and P

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<v Speaker 2>five hundred reporting, and they include Boeing. We get a

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<v Speaker 2>preview with Bloomberg's Tom Busby.

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<v Speaker 8>Boeing is back.

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<v Speaker 11>Look for strong improvement in Boeing's cash burn and its

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<v Speaker 11>operations after it delivered a healthy one hundred and fifty

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<v Speaker 11>jets in the second quarter, more than expected and sixty

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<v Speaker 11>three percent more than the same period one year ago.

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<v Speaker 11>A potential strike by Machinist at its defense unit, the

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<v Speaker 11>maker of the F fifteen and FA eighteen fighter jets,

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<v Speaker 11>could weigh on its outlook, though Bloomberg consensus calls for

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<v Speaker 11>total revenue of twenty one point six to eight billion

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<v Speaker 11>dollars on a core loss per share of one dollar

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<v Speaker 11>forty cents on a negative cash flow of one point

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<v Speaker 11>seventy nine billion dollars.

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<v Speaker 8>Tom buzzby Bloomberg Radio.

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<v Speaker 3>All right, Tom, thanks, it's also a busy day for

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<v Speaker 3>earnings in Europe. Let's go to London check in with

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<v Speaker 3>Bloomberg's Ewan Pots for the very latest.

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<v Speaker 8>Good morning you and.

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<v Speaker 12>Nathan and Karen Treys. British bank Barclays have turned in

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<v Speaker 12>their best second quarter performance in three years, the twenty

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<v Speaker 12>six percent game recorded in the fixed income business, driven

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<v Speaker 12>by tariff induced volatility in markets. Tariff's also in focus

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<v Speaker 12>for carmakers. Dalantis, the Italian company behind Chrysler and Jeep,

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<v Speaker 12>says it expects to take a one point two billion

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<v Speaker 12>Euro hit in the second half following the EU's trade

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<v Speaker 12>deal with the United States, and we also had earnings

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<v Speaker 12>from the most valuable listed company in London, drug maker

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<v Speaker 12>AstraZeneca reporting better than expected sales and rising profit for

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<v Speaker 12>the second quarter, spurred by its stable of cancer medicines

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<v Speaker 12>and growth in the United States. In London. I'm un

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<v Speaker 12>pots Bloomberg Radio.

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<v Speaker 2>A right you and thank you. Another major bank once

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<v Speaker 2>its employees back in the office, HSBC is asking our

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<v Speaker 2>managing directors to return to their desks at least four

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<v Speaker 2>days a week starting in October. Five years after the

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<v Speaker 2>global pandemic field and unprecedented boom in remote work, bank

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<v Speaker 2>executives have become more volgal and insisting networker's return to

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<v Speaker 2>the office. Back in January, JP Morgan Chase told its

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<v Speaker 2>employees to come back five days a week.

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<v Speaker 8>And Karen the gold bull rush may not be over.

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<v Speaker 3>Fidelity says the commodity could hit four thousand dollars an

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<v Speaker 3>ounce by the end of next year. The firm sites

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<v Speaker 3>the Federal Reserve likely to cut rates to cushion the economy,

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<v Speaker 3>the falling dollar, and central banks adding to their holdings.

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<v Speaker 3>Checking gold prices right now, Comix golds up three tenths

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<v Speaker 3>of one percent, trading at thirty three hundred and seventy

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<v Speaker 3>seven dollars and fifty cents per ounce.

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<v Speaker 2>Time now for a look at some of the other

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<v Speaker 2>stories making news in New York and around the world,

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<v Speaker 2>and for that we're joined by Bloomberg's Michael Barr.

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<v Speaker 8>Michael, Good morning, Good morning Karen.

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<v Speaker 13>This week, two hundred million Americans are under heat alerts

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<v Speaker 13>from South Dakota to the Northeast. In New York City,

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<v Speaker 13>temperatures could reach as high as one hundred degrees today.

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<v Speaker 13>In Boston, the highest forecast to hit ninety seven. The

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<v Speaker 13>temperature will be in the mid nineties in the nation's capital.

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<v Speaker 13>President Trump is putting pressure on Russia to make a

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<v Speaker 13>piece deal with the Ukraine. The President had given Vladimir

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<v Speaker 13>Putin fifty days until early September to make a peace

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<v Speaker 13>deal with Ukraine. Speaking in Scotland, the President now says

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<v Speaker 13>he's moving up that deadline.

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<v Speaker 14>I'm going to make a new deadline of about ten,

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<v Speaker 14>ten or twelve days from today.

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<v Speaker 8>There's no reason in waiting.

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<v Speaker 13>The President has threatened to hit Russia with quote very

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<v Speaker 13>severe tariffs. Former Russian president Dmitri Medvedev Warren that President

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<v Speaker 13>Trump's ultimatum is quote a step towards war between Russia

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<v Speaker 13>and the US. Israeli Prime Minister Benjamin at Nahu says

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<v Speaker 13>no one in Gaza is starving. President Trump disagrees and

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<v Speaker 13>notes the images emerging of emaciated people. The World Health

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<v Speaker 13>Organization says sixty three of the seventy four malnutrition related

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<v Speaker 13>deaths in Gaza this year have occurred this month. Those

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<v Speaker 13>included twenty four children under the age of five. UNICEF

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<v Speaker 13>spokesman Ricardo is in Gaza.

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<v Speaker 15>More part theers need to be open. More humanitarian aid

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<v Speaker 15>needs to flow is through the sky. It's again very welcome,

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<v Speaker 15>but it cannot replace the efficiency of trucks that actually

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<v Speaker 15>go to communities and do not put them at risk.

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<v Speaker 13>Israel has agreed to a temporary halt in the fighting

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<v Speaker 13>in Gaza while air drops of food and medical supplies

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<v Speaker 13>are being sent in. President Trump asked a judge to

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<v Speaker 13>order Rupert Murdoch to set for a deposition within fifteen

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<v Speaker 13>days in mister Trump's ten billion dollar libel lawsuit against

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<v Speaker 13>the Wall Street Journal over a story about Jeffrey Epstein.

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<v Speaker 13>The President argued and expedited schedule is justified due to

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<v Speaker 13>the executive's advanced age. Meanwhile, Epstein's accomplice Kallay Maxwell, asked

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<v Speaker 13>the Supreme Court to consider an appeal to overturn her

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<v Speaker 13>sex trafficking conviction. Global News twenty four hours a day

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<v Speaker 13>and whenever you want it with Bloomberg News. Now.

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<v Speaker 8>I'm Michael Barn.

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<v Speaker 13>This is Bloomberg Karen.

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<v Speaker 2>All right, Michael Barr, thank you time now for the

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<v Speaker 2>Bloomberg Scores update, brought to you by Flushing Bank. And

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<v Speaker 2>here's John stash Hour. John, good morning.

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<v Speaker 16>You want to care. The Mets took their seven game

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<v Speaker 16>winning streak to San Diego, got a Markiento's grand slam

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<v Speaker 16>of the fifth inning, only to have the Padres came

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<v Speaker 16>right back with five runs in the bottom of the fifth.

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<v Speaker 16>The Mets trailed six to five in the top of

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<v Speaker 16>the nine, and he hits one of the air the tap,

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<v Speaker 16>bright cutter, black coast.

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<v Speaker 17>Tatis takes a.

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<v Speaker 13>Look and this game is tied.

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<v Speaker 17>Joddy Maarisio for the second straight night.

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<v Speaker 16>What tight home on the top of the ninth.

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<v Speaker 2>I have a Mets of cutting.

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<v Speaker 8>Back even six to six?

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<v Speaker 16>Yes, and why Maratio had that four hit nine total

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<v Speaker 16>base game in Sundays win in San Francisco.

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<v Speaker 8>The Padres, however.

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<v Speaker 16>Scored bottom of the ninth off new met reliever Gregory Soto,

0:11:55.280 --> 0:11:58.160
<v Speaker 16>who hurt himself with an error. Padres won seven to

0:11:58.200 --> 0:11:59.840
<v Speaker 16>six Mets Day game and a half head of the Phillies,

0:11:59.840 --> 0:12:01.520
<v Speaker 16>who lost with the White Sox at the Stadium. The

0:12:01.600 --> 0:12:04.240
<v Speaker 16>Yankees had three hits in the first inning, score twice,

0:12:04.280 --> 0:12:06.120
<v Speaker 16>and then did nothing in the rest of the game.

0:12:06.200 --> 0:12:08.280
<v Speaker 16>Lost to Tampa Bay four to two. Lost a chance

0:12:08.280 --> 0:12:11.520
<v Speaker 16>to gain ground on Toronto, who lost in Baltimore. The

0:12:11.600 --> 0:12:14.360
<v Speaker 16>Jay's Day five and a half ahead. Red Sox lost

0:12:14.480 --> 0:12:17.120
<v Speaker 16>in Minnesota five to four. Nationals won two to one

0:12:17.120 --> 0:12:20.120
<v Speaker 16>in Houston the day after the inductions in Cooperstown. A

0:12:20.160 --> 0:12:23.160
<v Speaker 16>Hall of Famer has passed away. Ryan Sandberg was sixty five,

0:12:23.240 --> 0:12:25.160
<v Speaker 16>had battled kin through the past year and a half.

0:12:25.160 --> 0:12:28.440
<v Speaker 16>Played fifteen years for the Cubs, a ten time All Star,

0:12:28.640 --> 0:12:31.920
<v Speaker 16>nine Gold Gloves, the NLMVP in nineteen eighty four. There

0:12:31.920 --> 0:12:36.000
<v Speaker 16>it's a statue of Sandburg outside Wrigby Field. Dean Sanders

0:12:36.000 --> 0:12:39.839
<v Speaker 16>revealed that he's been battling ladder cancer. The NFL Hall

0:12:39.920 --> 0:12:43.680
<v Speaker 16>of Famer current Colorado coach made his first comments with.

0:12:43.880 --> 0:12:46.800
<v Speaker 14>Now wonderful people like this, I probably wouldn't be sitting

0:12:47.200 --> 0:12:52.320
<v Speaker 14>here today because it grew so expeditiously. I could say, man,

0:12:53.720 --> 0:12:58.520
<v Speaker 14>everybody get checked out, because I've been one for me

0:12:58.679 --> 0:13:01.560
<v Speaker 14>getting tested for something else. They wouldn't have stumbled up

0:13:01.559 --> 0:13:05.360
<v Speaker 14>on this. And make sure you go to the get

0:13:05.400 --> 0:13:06.000
<v Speaker 14>the right care.

0:13:06.200 --> 0:13:09.200
<v Speaker 16>Jon had successful surgeries, doctor said Sanders is healed.

0:13:09.400 --> 0:13:11.199
<v Speaker 8>Johns Dashey or Bloomberg Sports.

0:13:10.920 --> 0:13:13.640
<v Speaker 2>Karenamathan, all right, John, thank you, and Bloomberg Daybreak is

0:13:13.640 --> 0:13:16.280
<v Speaker 2>brought to you by Flushing Bank. Life's more rewarding with

0:13:16.360 --> 0:13:20.040
<v Speaker 2>Flushing Banks complete cash rewards program for personal and business

0:13:20.080 --> 0:13:23.160
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0:13:23.200 --> 0:13:27.360
<v Speaker 2>nothing more rewarding. Visit Flushingbank dot com member FDIC.

0:13:29.240 --> 0:13:33.400
<v Speaker 1>Coast to coast on Bloomberg Radio, nationwide on Sirius XM,

0:13:33.559 --> 0:13:36.400
<v Speaker 1>and around the world on Bloomberg dot Com and the

0:13:36.400 --> 0:13:39.520
<v Speaker 1>Bloomberg Business app. This is Bloomberg Daybreak.

0:13:39.640 --> 0:13:40.960
<v Speaker 8>Good morning. I'm Nathan Hager.

0:13:41.360 --> 0:13:43.920
<v Speaker 3>The heart of New York City's financial district is reeling

0:13:44.040 --> 0:13:46.840
<v Speaker 3>this morning after a deadly mass shooting inside the building

0:13:46.840 --> 0:13:50.119
<v Speaker 3>that houses Blackstone, the NFL and many other businesses.

0:13:50.440 --> 0:13:52.520
<v Speaker 8>New York City Mayor Eric Adams no.

0:13:52.679 --> 0:13:58.200
<v Speaker 6>Hearts to heavy. Five innocent people shot tonight. We lost

0:13:58.320 --> 0:14:02.960
<v Speaker 6>four souls to know the senseless act of gun violence.

0:14:03.360 --> 0:14:06.199
<v Speaker 3>Mayor Adam spoke last night after the gunfire inside three

0:14:06.200 --> 0:14:09.640
<v Speaker 3>p forty five Park Avenue. Joining us this morning, Bloomberg's

0:14:09.640 --> 0:14:12.560
<v Speaker 3>Miles Miller, who's covered New York City for decades. Miles,

0:14:12.679 --> 0:14:14.960
<v Speaker 3>good morning, what's the latest that we know about this shooting?

0:14:15.320 --> 0:14:15.840
<v Speaker 8>Good morning.

0:14:15.880 --> 0:14:18.360
<v Speaker 17>What we know now is that the suspect in this

0:14:18.480 --> 0:14:23.560
<v Speaker 17>incident happened to have been targeting the National Football League

0:14:23.760 --> 0:14:27.560
<v Speaker 17>in this building that houses not only the National Football League,

0:14:27.600 --> 0:14:33.960
<v Speaker 17>but also Blackstone and KPMG. The National Football League occupies

0:14:34.000 --> 0:14:38.080
<v Speaker 17>the fifth floor. We're told that the suspect in his

0:14:38.280 --> 0:14:42.280
<v Speaker 17>back pocket had a note that made reference to a

0:14:42.400 --> 0:14:45.520
<v Speaker 17>chronic condition that a lot of football players have, known

0:14:45.560 --> 0:14:49.280
<v Speaker 17>as CTE. It's a condition that only is really studied

0:14:49.320 --> 0:14:53.720
<v Speaker 17>after a person who has it dies and they study

0:14:54.040 --> 0:14:57.800
<v Speaker 17>their brain, and it appears as though he was a

0:14:57.880 --> 0:15:03.280
<v Speaker 17>football player from Nevada, had played in high school, and

0:15:03.480 --> 0:15:07.320
<v Speaker 17>based off of those hits, he believes he had that condition,

0:15:07.440 --> 0:15:11.240
<v Speaker 17>and so that's why police believe he took this cross

0:15:11.280 --> 0:15:16.400
<v Speaker 17>country trip from Nevada, making stops in Colorado and then

0:15:16.480 --> 0:15:20.800
<v Speaker 17>most recently New Jersey, before carrying that M four rifle

0:15:20.960 --> 0:15:25.040
<v Speaker 17>into that building on Park Avenue and opening fire, killing

0:15:25.080 --> 0:15:25.760
<v Speaker 17>scores of people.

0:15:27.080 --> 0:15:29.840
<v Speaker 3>You said that the NFL headquarters is on the fifth floor,

0:15:29.880 --> 0:15:32.960
<v Speaker 3>but from what we understand, the gunman in this case

0:15:33.240 --> 0:15:35.680
<v Speaker 3>wound up on the thirty third floor.

0:15:36.800 --> 0:15:37.640
<v Speaker 8>How did that happen?

0:15:38.040 --> 0:15:43.200
<v Speaker 17>Yeah, the suspect in this incident walks in to the

0:15:43.240 --> 0:15:47.760
<v Speaker 17>building and the first person he encounters is a police

0:15:47.760 --> 0:15:51.360
<v Speaker 17>officer in uniform who's doing what's called a paid detail,

0:15:51.520 --> 0:15:54.320
<v Speaker 17>meaning it's his day off, but he's in uniform working

0:15:54.440 --> 0:15:58.320
<v Speaker 17>private security for an approved company. He shoots that police

0:15:58.320 --> 0:16:00.960
<v Speaker 17>officer in the back and then can kin use firing

0:16:01.080 --> 0:16:03.760
<v Speaker 17>in that lobby and gets into the first elevator bank

0:16:03.800 --> 0:16:06.600
<v Speaker 17>he sees. When he gets in that elevator bank there's

0:16:06.600 --> 0:16:09.680
<v Speaker 17>a woman already inside. She runs out. He doesn't shoot her.

0:16:10.320 --> 0:16:12.960
<v Speaker 17>But it's the elevator banks that have that are in

0:16:13.040 --> 0:16:16.720
<v Speaker 17>most corporate buildings now here in New York, where the

0:16:16.760 --> 0:16:20.120
<v Speaker 17>floor is picked outside. So he didn't pick the floor.

0:16:20.600 --> 0:16:24.160
<v Speaker 17>He got in, he got out, and when he reached

0:16:24.160 --> 0:16:28.720
<v Speaker 17>that floor, the thirty four that floor. He wound up

0:16:28.720 --> 0:16:31.480
<v Speaker 17>on the floor that is occupied by Rudin, a big

0:16:31.640 --> 0:16:34.960
<v Speaker 17>property management company here in New York. And it's there

0:16:35.120 --> 0:16:38.960
<v Speaker 17>where he is walking down the hallway firing left and right,

0:16:39.040 --> 0:16:43.520
<v Speaker 17>strikes a woman who works for that firm, and then

0:16:43.600 --> 0:16:45.240
<v Speaker 17>ultimately turns the gun on himself.

0:16:45.400 --> 0:16:48.440
<v Speaker 3>Now, obviously, Miles, this is raising a lot of memories

0:16:48.520 --> 0:16:51.480
<v Speaker 3>just a few months ago of what happened outside the

0:16:52.480 --> 0:16:55.720
<v Speaker 3>meeting where the United Health CEO was killed. This has

0:16:55.800 --> 0:17:01.280
<v Speaker 3>got to raise questions about security inside bill things in Midtown.

0:17:02.480 --> 0:17:03.520
<v Speaker 8>What's being done about that?

0:17:03.920 --> 0:17:04.080
<v Speaker 13>Right?

0:17:04.359 --> 0:17:08.000
<v Speaker 17>If you know anything about Rudin, the one thing that

0:17:08.080 --> 0:17:11.320
<v Speaker 17>Rudin spends, you know, a lot of money on is

0:17:11.359 --> 0:17:13.399
<v Speaker 17>the security of their buildings. They are one of the

0:17:13.480 --> 0:17:16.880
<v Speaker 17>largest contributors to the Police Foundation here in New York.

0:17:16.880 --> 0:17:19.080
<v Speaker 17>In fact, I was at their gala a few months

0:17:19.080 --> 0:17:24.080
<v Speaker 17>ago and Rudin was honored because of their work with

0:17:24.160 --> 0:17:27.480
<v Speaker 17>this plate paid Detail unit. It has a lot of

0:17:27.600 --> 0:17:30.560
<v Speaker 17>folks who are both in property management but also just

0:17:30.760 --> 0:17:34.840
<v Speaker 17>generally in corporate In the corporate world, frightened because this

0:17:34.960 --> 0:17:40.040
<v Speaker 17>appears to be another targeting of an organization and potentially

0:17:40.240 --> 0:17:45.000
<v Speaker 17>its executives as it relates to a specific cause. And

0:17:45.040 --> 0:17:46.800
<v Speaker 17>you know that was the same thing that happened with

0:17:46.880 --> 0:17:51.200
<v Speaker 17>Luis Jimangion, right, a guy who had issues with United Healthcare,

0:17:51.240 --> 0:17:55.040
<v Speaker 17>who had back pain, who had that debilitating surgery and

0:17:55.119 --> 0:17:57.600
<v Speaker 17>was having issues with United Healthcare. We're seeing the same

0:17:57.640 --> 0:18:00.880
<v Speaker 17>thing happening here with Shane tomorre Or, a twenty seven

0:18:00.960 --> 0:18:04.600
<v Speaker 17>year old who you know, in his note that he

0:18:04.680 --> 0:18:08.520
<v Speaker 17>left in his pocket, has said he experienced significant pain

0:18:09.160 --> 0:18:13.720
<v Speaker 17>from his football career and he felt the NFL wasn't

0:18:13.760 --> 0:18:16.080
<v Speaker 17>doing anything about it. This is something that has been

0:18:16.200 --> 0:18:19.160
<v Speaker 17>on the mines of corporate America for the last couple

0:18:19.200 --> 0:18:21.320
<v Speaker 17>of months, and here it is rearing its ugli head.

0:18:21.359 --> 0:18:23.800
<v Speaker 3>Yet again, has there been any reaction as far as

0:18:23.840 --> 0:18:27.000
<v Speaker 3>we know from the NFL, not just in regards to

0:18:27.160 --> 0:18:30.120
<v Speaker 3>what this gunman had to say in this apparent manifesto,

0:18:30.280 --> 0:18:32.840
<v Speaker 3>but about what they're going to do in terms of

0:18:33.440 --> 0:18:34.800
<v Speaker 3>ramping up their own security.

0:18:34.920 --> 0:18:35.120
<v Speaker 13>Yeah.

0:18:35.160 --> 0:18:37.960
<v Speaker 17>So this this came out overnight, but you know, we're

0:18:38.080 --> 0:18:42.199
<v Speaker 17>worth mentioning that the NFL's head of security is the

0:18:42.440 --> 0:18:48.080
<v Speaker 17>former head of DC's Metropolitan Police Department, you know, and

0:18:48.520 --> 0:18:51.800
<v Speaker 17>so they will definitely be taking a look at what

0:18:51.840 --> 0:18:54.919
<v Speaker 17>they can do in terms of security of their facilities

0:18:54.960 --> 0:18:58.480
<v Speaker 17>and also security of the clubs around the country. Right,

0:18:58.480 --> 0:19:01.640
<v Speaker 17>this is not just narrowly focused on New York. It's

0:19:01.680 --> 0:19:03.919
<v Speaker 17>going to be something they look at around the country

0:19:04.119 --> 0:19:06.160
<v Speaker 17>at miles. What do we know at this point about

0:19:06.160 --> 0:19:08.240
<v Speaker 17>the victims. Of course, there's been a lot of attention,

0:19:08.960 --> 0:19:11.680
<v Speaker 17>at least at the outset on this officer who put

0:19:11.760 --> 0:19:14.639
<v Speaker 17>himself in harm's way last night. Right, we know that

0:19:14.720 --> 0:19:17.920
<v Speaker 17>at least one of the victims was an employee at Rudin.

0:19:18.520 --> 0:19:21.399
<v Speaker 17>We know that a Blackstone employee was among one of

0:19:21.400 --> 0:19:24.439
<v Speaker 17>those killed. And then we also know that this police

0:19:24.480 --> 0:19:27.879
<v Speaker 17>officer who was the first person shot was expecting a

0:19:27.960 --> 0:19:31.080
<v Speaker 17>baby in just about two months or about a month

0:19:31.119 --> 0:19:34.040
<v Speaker 17>and a half. His wife is currently pregnant. You know,

0:19:34.160 --> 0:19:37.840
<v Speaker 17>he had, you know, worked towards the American Dream, had

0:19:37.880 --> 0:19:41.440
<v Speaker 17>worked as a traffic agent before he joined the NYPD,

0:19:41.600 --> 0:19:43.400
<v Speaker 17>worked his way up to being a cop. He's a cop.

0:19:43.560 --> 0:19:46.000
<v Speaker 17>He was a cop in the Bronx and was working

0:19:46.040 --> 0:19:49.640
<v Speaker 17>to make ends meet. Now you know, they're live shattered,

0:19:49.640 --> 0:19:53.280
<v Speaker 17>the family's live shattered forever by what was truly a

0:19:53.400 --> 0:19:57.080
<v Speaker 17>senseless shooting and an alarming shooting in the middle of

0:19:57.080 --> 0:19:58.400
<v Speaker 17>midtown Manhattan.

0:19:58.200 --> 0:20:00.000
<v Speaker 8>And given that alarm miles.

0:20:00.000 --> 0:20:03.040
<v Speaker 3>So you have to wonder whether these businesses, so many

0:20:03.080 --> 0:20:05.600
<v Speaker 3>businesses housed the three forty five park, are going to

0:20:05.640 --> 0:20:07.720
<v Speaker 3>be able to even operate today. What have we heard

0:20:07.720 --> 0:20:08.119
<v Speaker 3>about that?

0:20:08.640 --> 0:20:08.840
<v Speaker 13>Right?

0:20:09.040 --> 0:20:12.320
<v Speaker 17>A number of the companies that are based there have

0:20:12.400 --> 0:20:15.720
<v Speaker 17>told their employees that they're able to be working from home.

0:20:16.280 --> 0:20:18.800
<v Speaker 17>You know, it's worth noting that this is an area

0:20:18.920 --> 0:20:23.000
<v Speaker 17>that is filled with finance firms. Right, we're talking about

0:20:23.119 --> 0:20:27.160
<v Speaker 17>Citadel in the neighborhood. Obviously, we know JP Morgan has

0:20:27.200 --> 0:20:30.440
<v Speaker 17>a huge building that they're building there, but also it's

0:20:30.440 --> 0:20:33.320
<v Speaker 17>a major campus for them. It's their headquarters out of there.

0:20:33.400 --> 0:20:35.480
<v Speaker 17>We know that they're going to be stepping up their security.

0:20:35.560 --> 0:20:35.639
<v Speaker 2>Right.

0:20:35.720 --> 0:20:38.480
<v Speaker 17>Jeffries is based in a neighborhood as well. My friend

0:20:38.600 --> 0:20:41.520
<v Speaker 17>just took a job chief of security at B and

0:20:41.680 --> 0:20:45.320
<v Speaker 17>Y formerly B and Y Melon, and you know, second

0:20:45.359 --> 0:20:46.720
<v Speaker 17>day on the job, he's going to have to be

0:20:46.760 --> 0:20:49.639
<v Speaker 17>meeting with folks to figure out how they're going to

0:20:49.720 --> 0:20:52.919
<v Speaker 17>keep their employees safe. You know, it's going to be

0:20:53.000 --> 0:20:55.520
<v Speaker 17>a look at Okay, if we have police on the perimeter,

0:20:55.920 --> 0:20:58.920
<v Speaker 17>you know, is that enough to stop a threat? I mean,

0:20:58.920 --> 0:21:01.840
<v Speaker 17>this guy walked in to this building toting an M

0:21:01.920 --> 0:21:04.280
<v Speaker 17>four in the middle of Manhattan, double parked his car.

0:21:04.560 --> 0:21:08.640
<v Speaker 17>Will the NYPD supplement their units and bring back their

0:21:08.680 --> 0:21:11.600
<v Speaker 17>counter terrorism and Strategic Response group so that they can

0:21:11.680 --> 0:21:15.040
<v Speaker 17>quickly mobilize to things like this happening? And you saw

0:21:15.119 --> 0:21:19.840
<v Speaker 17>yesterday the mobilization from the NYPD was immediate and really

0:21:19.840 --> 0:21:22.440
<v Speaker 17>trying to sweep that building to make sure that everybody

0:21:22.520 --> 0:21:24.480
<v Speaker 17>was okay once the threat was neutralized.

0:21:24.760 --> 0:21:26.080
<v Speaker 8>All right, Myles, thank you for this.

0:21:26.160 --> 0:21:29.159
<v Speaker 3>That's veteran Bloomberg New York City reporter Miles Miller with

0:21:29.240 --> 0:21:30.879
<v Speaker 3>us this morning. We're going to be checking back with

0:21:30.960 --> 0:21:34.439
<v Speaker 3>Miles for updates throughout the morning. It's just about five

0:21:34.440 --> 0:21:36.440
<v Speaker 3>point twenty four on Wall Street. Let's get to the

0:21:36.520 --> 0:21:38.880
<v Speaker 3>latest now on some of those trade discussions. A second

0:21:38.960 --> 0:21:41.719
<v Speaker 3>day of talks between Treasury Secretary Scott Bessant and his

0:21:41.840 --> 0:21:45.000
<v Speaker 3>Chinese counterparts is underway in Stockholm, Sweden, where we find

0:21:45.040 --> 0:21:47.919
<v Speaker 3>Bloomberg's Oliver Crook this morning. Oliver, great to have you

0:21:48.040 --> 0:21:50.720
<v Speaker 3>with us, walk us through what we know so far.

0:21:50.760 --> 0:21:53.640
<v Speaker 3>It sounded like everybody was kind of mum coming out

0:21:53.640 --> 0:21:55.280
<v Speaker 3>of talks on day one yesterday.

0:21:55.280 --> 0:21:56.680
<v Speaker 8>Good morning, Yeah, that's.

0:21:56.560 --> 0:21:59.280
<v Speaker 7>Right, good morning, they said, about five hours speaking yesterday

0:21:59.440 --> 0:22:02.000
<v Speaker 7>here in sweet they've been inhabiting the Prime Minister of

0:22:02.040 --> 0:22:04.320
<v Speaker 7>Sweden's offices, which is very kindly lent out for these

0:22:04.320 --> 0:22:07.399
<v Speaker 7>trade negotiations between the Chinese Vice Premiere at Scott Fessant

0:22:07.880 --> 0:22:10.840
<v Speaker 7>and Jamison Greer. Five hours of discussions yesterday. We've just

0:22:10.920 --> 0:22:13.320
<v Speaker 7>watched them walk in about thirty or forty five minutes ago,

0:22:13.359 --> 0:22:15.000
<v Speaker 7>So we have to imagine that the meeting is now

0:22:15.080 --> 0:22:16.960
<v Speaker 7>underway and we'd hope to hear from them at some

0:22:17.000 --> 0:22:19.840
<v Speaker 7>point later in the afternoon. The real deliverable here, what

0:22:19.840 --> 0:22:21.800
<v Speaker 7>we're expecting to get and hoping to get from the

0:22:21.960 --> 0:22:24.840
<v Speaker 7>Chinese and the United States is another extension to that

0:22:24.920 --> 0:22:28.119
<v Speaker 7>truce that was struck after that trade war escalated between

0:22:28.200 --> 0:22:30.680
<v Speaker 7>China and the United States. You'll recall that tariff rates

0:22:30.680 --> 0:22:33.560
<v Speaker 7>reached one hundred and twenty five percent at one point,

0:22:33.640 --> 0:22:36.679
<v Speaker 7>basically precluding any trade between the two largest economies in

0:22:36.680 --> 0:22:39.240
<v Speaker 7>the world. That has now come down, But that trade

0:22:39.480 --> 0:22:41.919
<v Speaker 7>truce has is set to expire on August of twelfth.

0:22:42.000 --> 0:22:44.159
<v Speaker 7>So the ambition here is trying to make some forward

0:22:44.160 --> 0:22:47.080
<v Speaker 7>progress on a getting that truce forward, but then also

0:22:47.160 --> 0:22:49.960
<v Speaker 7>laying the groundwork for potentially a longer term trade deal

0:22:50.000 --> 0:22:51.440
<v Speaker 7>with China, and of course there's been a lot of

0:22:51.480 --> 0:22:55.240
<v Speaker 7>discussion potentially about Trump traveling to China meeting directly with Shijiping,

0:22:55.400 --> 0:22:56.480
<v Speaker 7>and so those are going to be the things that

0:22:56.480 --> 0:22:57.400
<v Speaker 7>are circulating in the air.

0:22:57.720 --> 0:22:57.920
<v Speaker 8>Yeah.

0:22:57.960 --> 0:23:01.000
<v Speaker 3>We heard some measured optimism from Commerce Secretary of Howard

0:23:01.080 --> 0:23:03.560
<v Speaker 3>Ludnik on Fox News yesterday saying that there probably is

0:23:03.600 --> 0:23:06.199
<v Speaker 3>going to be an extension of that trade truce. And

0:23:06.240 --> 0:23:09.879
<v Speaker 3>there's been a little bit of ranker I guess you

0:23:09.880 --> 0:23:14.119
<v Speaker 3>could say, around the lead up to a potential meeting

0:23:14.119 --> 0:23:16.679
<v Speaker 3>between Presidents Trump and She, particularly when it comes to

0:23:17.400 --> 0:23:18.680
<v Speaker 3>Taiwan's president.

0:23:20.040 --> 0:23:24.080
<v Speaker 7>Yeah, so we understand that the US administration has basically forbidden,

0:23:24.160 --> 0:23:26.359
<v Speaker 7>or at least sort of encouraged the Chaiwanese bresdent not

0:23:26.440 --> 0:23:28.600
<v Speaker 7>to pass through the United States, and that comes at

0:23:28.640 --> 0:23:31.440
<v Speaker 7>a time when the administration here on the United States

0:23:31.440 --> 0:23:33.639
<v Speaker 7>has been taken a sort of softer tone with China.

0:23:33.840 --> 0:23:35.880
<v Speaker 7>What I think is really interesting is to think about

0:23:35.880 --> 0:23:38.399
<v Speaker 7>the contrast that we're seeing between the negotiations we had

0:23:38.400 --> 0:23:40.360
<v Speaker 7>with the European Union and the ones that we're having

0:23:40.440 --> 0:23:43.320
<v Speaker 7>with China and the United States. The Europeans are much

0:23:43.359 --> 0:23:46.440
<v Speaker 7>more willing to accept concessions and to potentially go the

0:23:46.520 --> 0:23:49.400
<v Speaker 7>root of pragmatism a trade deal that's not really that good,

0:23:49.560 --> 0:23:52.199
<v Speaker 7>but are not willing to retaliate. For the Chinese, it's

0:23:52.280 --> 0:23:54.520
<v Speaker 7>a very different story. The Chinese have been spending the

0:23:54.600 --> 0:23:58.440
<v Speaker 7>last few decades boosting their status economically, boosting their status

0:23:58.440 --> 0:24:01.400
<v Speaker 7>on the global stage. They are going to put pride

0:24:01.440 --> 0:24:04.480
<v Speaker 7>and the ability to not even theatrically bow as many

0:24:04.520 --> 0:24:06.280
<v Speaker 7>of the European countries have and many of the US

0:24:06.359 --> 0:24:08.840
<v Speaker 7>trading partners have. They're much more unwilling to do that,

0:24:08.880 --> 0:24:10.359
<v Speaker 7>which is why it's going to be a much tougher

0:24:10.400 --> 0:24:12.600
<v Speaker 7>negotiation for the United States, and we're going to have

0:24:12.600 --> 0:24:14.320
<v Speaker 7>to see how much appetite there is from the Trump

0:24:14.359 --> 0:24:17.359
<v Speaker 7>administration to really fight very hard, because of course, this

0:24:17.400 --> 0:24:19.720
<v Speaker 7>has been one of the great campaign pledges of Donald Trump,

0:24:19.760 --> 0:24:22.600
<v Speaker 7>which is to fix the relationship, the trading relationship with China,

0:24:22.640 --> 0:24:25.080
<v Speaker 7>which he says has continuously ripped off the United States

0:24:25.080 --> 0:24:25.880
<v Speaker 7>for many decades.

0:24:26.119 --> 0:24:29.520
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