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

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Speaker 1: at Kaleggi. The US launched large scale airstrikes on more

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Speaker 1: than seventy targets across Syria Friday, fulfilling President Trump's vow

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Speaker 1: to strike back after the killing of two US soldiers.

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Speaker 1: Defense Secretary Pete Hegsith said in a post on x

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Speaker 1: this is not the beginning of a war. It is

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Speaker 1: a declaration of vengeance. Today we hunted and we killed

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Speaker 1: our enemies, lots of them, and we will continue. The

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Speaker 1: US Central Command said that fighter jets, attack helicopters, and

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Speaker 1: artillery targeted ISIS infrastructure and weapon sites. Trump wrote in

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Speaker 1: a social media post, all terrorists who are evil enough

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Speaker 1: to attack Americans are hereby warned. You will be hit

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Speaker 1: harder than you have ever been hit before if you

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Speaker 1: in any way attack or threaten the USA, adding that

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Speaker 1: the Syrian government is fully in support of the US operation.

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Speaker 1: The US Justice Department released thousands of pages of pictures,

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Speaker 1: phone records, and notes from investigations into notorious Sex of

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Speaker 1: Fifes enter Jeffrey Epstein, revealing new details about the late financiers'

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Speaker 1: relationships with prominent business leaders and politicians. But the Justice

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Speaker 1: Department's actions did not mark the end of the saga.

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Speaker 1: The Department said more files will be released in coming

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Speaker 1: weeks because the volume of material was too much to

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Speaker 1: process by the Friday deadline set by Congress, sparking rebukes

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Speaker 1: and many Democrats. The tranch included heavy redactions, a step

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Speaker 1: intended to comply with the provisions of the law, including

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Speaker 1: protections for survivors and accommodations for ongoing investigations. An up

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Speaker 1: week for the US stock market we get more from

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Speaker 1: Bloomberg's Charlie Pellett.

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Speaker 2: For the week, the S and P five hundred index

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Speaker 2: was up one tenth of one percent, Naztack up five tenths,

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Speaker 2: while the Dow was down seven tenths of one percent.

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Speaker 2: Stocks advanced for a second day while traders faced the

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Speaker 2: expiration of a record pile of options. The back to

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Speaker 2: back advance in the S and P five hundred wiped

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Speaker 2: out its loss for the week. More than twenty six

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Speaker 2: billion shares changeans on US exchanges. That's about fifty percent

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Speaker 2: above the twelve month average. In New York. Charlie Pellet

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Speaker 2: Bloomberg Radio.

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Speaker 1: President Trump has announced deals with nine pharmaceutical companies, the

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Speaker 1: latest in a series of packs designed to lower drug

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Speaker 1: prices for some Americans in exchange for a three year

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Speaker 1: reprieve from threatened tariffs.

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Speaker 3: Fourteen out of the seventeen largest pharmaceutical companies but they've

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Speaker 3: all agreed, have now agreed to drastically lower drug prices for.

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Speaker 1: Their American patients. For the American people and patients, the

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Speaker 1: most recent pledges mean fourteen of the seventeen drug makers

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Speaker 1: targeted by Trump this past summer have agreed to lower

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Speaker 1: prices for the Medicaid program for low income and disabled people,

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Speaker 1: sell discounted drugs directly to consumers, and launched new medicines

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Speaker 1: for the same prices in the US as they do abroad.

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Speaker 1: Republican Congresswomen at Lease Stefanics says she's suspending her campaign

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Speaker 1: to run for New York governor and will not seek

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Speaker 1: reelection to Congress. A long time ally of President Trump's,

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Speaker 1: Stefanic was widely expected to be the Republican nominee until

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Speaker 1: Bruce Blakeman, the county executive of Nassau County, entered the

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Speaker 1: race this month. Trump declined to take a side and

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Speaker 1: instead praised both Stefannic and Blakeman Elon Musk won reinstatement

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Speaker 1: of his twenty eighteen pay package as chief executive of

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Speaker 1: Tesla after the Delaware Supreme Court reversed the finding of

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Speaker 1: a judge who said the billionaire had improperly influenced board

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Speaker 1: members who came up with a compensation plan. The High

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Speaker 1: Court on Friday concluded the world's richest persons entitled to

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Speaker 1: a stock based compensation plan, now valued it about one

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Speaker 1: hundred and forty billion dollars. Ukraine's president is calling it

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Speaker 1: an important victory for his country. The European Union has

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Speaker 1: agreed to a two year, one hundred and six billion

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Speaker 1: dollar loan for Ukraine after marathon talks in Brussels. Bloomberg's

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Speaker 1: Oliver Crook is there.

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Speaker 4: After sixteen hours of negotiations at about three or am

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Speaker 4: this morning, they came to a conclusion on how to

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Speaker 4: actually deal with this. And the headline is, and this

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Speaker 4: is kind of the most important point there's going to

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Speaker 4: be alone to the Ukrainians, it's zero interest for ninety

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Speaker 4: billion euros for the next two years. That funds basically

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Speaker 4: two thirds of all of Ukraine's needs militarily in budget.

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Speaker 4: Otherwise for the next two years, so that is sort

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Speaker 4: of the crucial point.

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Speaker 1: Bloomberg's Oliver Crook reports EU leaders agreed to back the

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Speaker 1: loan with joint debt rays through the capital markets, not

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Speaker 1: through frozen Russian assets. He says Ukraine would not need

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Speaker 1: to repay the loan if it receives reparations from Russia,

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Speaker 1: Otherwise the frozen assets would come back into play. In

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Speaker 1: a marathon year end news conference, Secretary of State Mark

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Speaker 1: Rubio says the United States, which is the only country

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Speaker 1: they can deal with both sides at war, is not

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Speaker 1: trying to impose a peace deal on Ukraine.

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Speaker 3: The negotiated settlement requires two things, both sides to get

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Speaker 3: something out of it and both sides to give something.

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Speaker 3: And we're trying to figure out what can Russia give

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Speaker 3: and what do they expect to get, What can Ukraine give,

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Speaker 3: and what can Ukraine expect to get. In the end,

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Speaker 3: the decision will be up to Ukraine.

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Speaker 2: And up to Russia.

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Speaker 3: This is not about imposing a deal on anybody.

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Speaker 1: Secretary of State Mark Rubio. The Friday numbers on Wall Street,

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Speaker 1: the Dow gain three kree, Nasdaq was up three oh one,

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Speaker 1: The S and P gained fifty nine, the ten year

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Speaker 1: Treasury yield has had four point one four percent, the

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Speaker 1: two year at three point four eight percent. That's news

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Speaker 1: when you want it with Bloomberg News now I made Kalleggi.

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Speaker 2: This is Bloomberg