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Speaker 1: News when you wanted With Boomberg News Now, I'm Brian Curtis.

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Speaker 1: In Hong Kong. Tesla CEO Elon Musk has just unveiled

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Speaker 1: a robotaxi without a steering wheel and pedals. The unveiling

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Speaker 1: came at an event in Burbank, California. Musk says the

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Speaker 1: robotaxi is called Cybercab. Musk says production may start in

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Speaker 1: twenty twenty six and that the vehicle could cost less

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Speaker 1: than thirty thousand dollars. To show off the vehicle, Musk

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Speaker 1: hitched a ride in one of the prototypes on his

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Speaker 1: way to a stage at the event. Tesla also showcased

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Speaker 1: a robovan concept that Musk said could transport twenty people

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Speaker 1: at a time. Investors and analysts are expecting China to

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Speaker 1: deploy more than two hundred and eighty billion dollars worth

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Speaker 1: of fresh fiscal stimulus. The country's finance minister will announce

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Speaker 1: details tomorrow morning in Beijing. Respondents in a Bloomberg survey

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Speaker 1: expect the funding to come in the form of government bonds.

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Speaker 1: The market is acting a little skeptical this morning. The

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Speaker 1: CSI three hundred has traded down about two percent. Hurricane

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Speaker 1: Milton killed at least ten people after it roared ashore

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Speaker 1: in Florida. Millions were left without power and widespread flooding

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Speaker 1: was caused. President Joe Biden says FEMA is ready to

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Speaker 1: provide the resources needed for residents affected by the storm.

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Speaker 2: FEMA is going to open disaster recovery centers all across

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Speaker 2: the impacted communities right away, so there's one stop the

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Speaker 2: residents could go to to learn about the support they

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Speaker 2: might need, and that will be advertised where those places are.

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Speaker 1: President Biden added that Congress should come back to pass

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Speaker 1: emergency relief. Biden also said the most immediate need is

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Speaker 1: funding for a Small Business Administration program. The program would

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Speaker 1: provide assistance to victims of natural disasters. TD Bank will

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Speaker 1: pay approximately three billion dollars in a historic settlement with

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Speaker 1: US authorities. The bank pleaded guilty to have a lot

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Speaker 1: significant money laundering, and this happened over multiple years with

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Speaker 1: its lacks practices. Attorney General Merrick Garland said there is

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Speaker 1: something terribly wrong with the bank that allows criminals to

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Speaker 1: have their own way.

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Speaker 3: Pdbank created an environment that allowed financial crime to flourish

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Speaker 3: by making its services convenient for criminals, it became.

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Speaker 1: One, Attorney General Merrick Garland. The settlement concludes a month's

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Speaker 1: long saga and multiple probes into the lenders' failures to

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Speaker 1: catch financial crimes. Israel's security cabinet has met to discuss

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Speaker 1: how to retaliate against Iran for its missile attack last week.

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Speaker 1: That's after Prime Minister Benjamin Nittanyahu held his first call

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Speaker 1: in nearly two months with President Biden. Bloomberg's Jomana Bressecchi

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Speaker 1: has more on a US statement reiterating support for Israel's defense.

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Speaker 4: What was not discussed a lot, or at least there

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Speaker 4: wasn't a lot of detail disclosed, was vis a vis

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Speaker 4: the potential Israeli reprisaled those Iranian ballistic missile attacks. And

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Speaker 4: you've got to think there that that is on back

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Speaker 4: of some security concerns heading into what could possibly be

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Speaker 4: quite an imminent attack, but also due to the complexity

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Speaker 4: of the operation.

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Speaker 1: Bloomberg's Jumana Bressecchi, Biden has warned Israel against attacking Iran's nucleosytes,

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Speaker 1: which Tehran would view as especially provocative. The US is

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Speaker 1: pressing Israel to limit its response against Iran to military targets.

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Speaker 1: It's also proposing a new round of economic sanctions on

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Speaker 1: the Islamic Republic. A mainstay of one of America's best

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Speaker 1: known in star crossed political dynasties has died. Bloomberg Nathan

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Speaker 1: Hager has more on the life of Ethel Kennedy.

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Speaker 3: Ethel Kennedy was born Ethel Skaekeel. Her husband, Robert F. Kennedy,

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Speaker 3: served as Attorney General, New York senator and a presidential

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Speaker 3: hopeful until his assassination in nineteen sixty eight. Following his death,

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Speaker 3: Ethel Kennedy raised their seven sons and four daughters at

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Speaker 3: the Hickory Hill estate in McLean, Virginia, outside Washington, and

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Speaker 3: built a reputation as a socialite while dedicating herself to

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Speaker 3: social causes. Ethel Kennedy died today of complications from a

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Speaker 3: stroke she suffered last week. She was ninety six years

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Speaker 3: old in Washington. I'm Nathan Hager, Bloomberg Radio.

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Speaker 1: In Major League Baseball results, the Guardians beat the Tigers

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Speaker 1: five four to even up that series at two games apiece,

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Speaker 1: and the Yankees have beaten the Royals three to one

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Speaker 1: to move on in the American League. That's news when

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Speaker 1: you want it with Bloomberg News now. I'm Brion Curtis.

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Speaker 1: This is Bloomberg