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

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Speaker 1: Dan Schwartzman. Wall Street will get to keep those non competes.

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Speaker 1: Employees don't exactly love. As New York Governor Kathy Hochel

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Speaker 1: veto the bill that would have banned non competes in

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Speaker 1: the state as she faced intense pressure from Wall Street

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Speaker 1: as well as hospitals and other business groups. The governor, though,

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Speaker 1: says she wants to restrict non compete agreements for middle

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Speaker 1: class and lowage workers and is open to future legislation

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Speaker 1: to achieve the right balance. Labour groups had argued that

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Speaker 1: non competes hurt workers and also hold back economic growth.

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Speaker 1: We're hearing OpenAI is in early discussions to raise a

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Speaker 1: fresh massive round of funding more info from Bloomberg's than

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Speaker 1: Ease Pellegrini.

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Speaker 2: Sources say this funding round would be at evaluation at

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Speaker 2: or above one hundred billion dollars, and investors potentially involved

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Speaker 2: in the fundraising round have already been included in preliminary discussions. Terms,

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Speaker 2: valuation and timing of the funding round haven't been finalized

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Speaker 2: and all still could change, but if it goes as planned,

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Speaker 2: it would make the creator of chat GPT the second

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Speaker 2: most valuable startup in the US, behind only Elon Musk's SpaceX.

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Speaker 2: Ording to CB insights, OpenAI is already set to complete

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Speaker 2: a separate tender offer next month that would allow employees

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Speaker 2: to sell shares at a valuation of eighty six billion dollars.

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Speaker 2: That's being led by Thrive Capital, and sources say the

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Speaker 2: tender offer is seeing more demand from investors than there

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Speaker 2: was availability. Denise Peligreeney Bloomberg Radio.

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Speaker 1: Thanks Denise. The New York Times reports that Russian President

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Speaker 1: Vladimir Putin is quietly signaling he is open to a

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Speaker 1: ceasefire in Ukraine. The paper site's two former senior Russian

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Speaker 1: officials close to the Kremlin, as well as American and

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Speaker 1: international officials who have received the message from mister Putin's

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Speaker 1: envoys since at least September. Putin has reportedly been open

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Speaker 1: to a ceasefire, freezing the fighting along the current front lines.

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Speaker 1: Reports say that Ukrainian officials, though, have shown no evidence

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Speaker 1: they would be willing to accept a deal that does

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Speaker 1: not include a return of all their territory. Iran's foreign

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Speaker 1: minister denies that his country is helping Houthi rebels attack

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Speaker 1: commercial ships transiting the Red Sea. The White House had

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Speaker 1: set on Friday that intelligence indicated that Iran was quote

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Speaker 1: deeply involved in the planning of the attacks by the

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Speaker 1: yem And terror organization and had supplied it with weapons,

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Speaker 1: training and financial support. The Minister, Hosain Amir abdu la

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Speaker 1: Hyan says that there isn't a need for an international

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Speaker 1: coalition to protect naval traffic and if the US stop

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Speaker 1: supporting Israel, the region would be safer. A quiet week

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Speaker 1: coming up ahead on the economic calendar, Bloomberg' Karen Moscow

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Speaker 1: has more.

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Speaker 3: Markets are closed Monday and observance of the Christmas holiday. Tuesday,

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Speaker 3: we get two reports on housing prices, one from the

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Speaker 3: Federal Housing Finance Agency and another form SNP core Logic

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Speaker 3: Case Shiller. Thursday is a weekly report on initial jobless

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Speaker 3: claims as well as wholesale inventories and pending home sales.

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Speaker 3: Things will pick up again after the new year, with

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Speaker 3: a December payrolls report out in the first week of

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Speaker 3: twenty twenty four. Karen Moscow Bloomberg Radio.

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Speaker 1: Thanks Karen Nanodimensions of Israel has submitted an all cash

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Speaker 1: proposal to buy rival three D printer maker Minnesota based

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Speaker 1: Stratasists for sixteen dollars and fifty cents a share. That's

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Speaker 1: about twenty six percent more than Stratusus's closing price on Friday. Nano,

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Speaker 1: which is already the largest stockholder in the company, says

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Speaker 1: they have gone public with their own buffer because they

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Speaker 1: have not heard from anyone at Stratasis. Nano withdrew an

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Speaker 1: earlier twenty five dollars per share special tender offer for

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Speaker 1: Stratasists over the summer after being rebuffed. The Wall Street

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Speaker 1: Journal says that billionaire investor Nelson Peltz has stepped down

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Speaker 1: from his position at the Simon Weisenthal Center as a

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Speaker 1: chair of the center's board of governors. The move comes

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Speaker 1: on the heels of the Jewish organization urging people not

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Speaker 1: to buy Ben and Jerry's ice cream after its chairwoman

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Speaker 1: denounced Israel's actions in Gaza under private ex account. The

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Speaker 1: ice cream maker had angered some back in twenty twenty

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Speaker 1: one after saying they would stop selling their product in

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Speaker 1: Israeli settlements in the West Bank and East Jerusalem. Peltz

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Speaker 1: is a board member at Ben and Jerry's pairing company, Unilever,

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Speaker 1: while his firm Try and Fund Management is a shareholder

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Speaker 1: in the company. Chinese electric carmaker Neo unveiled the flagship

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Speaker 1: Executive sedan at its annual customer events Saturday, with the

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Speaker 1: vehicles set to take on Porsche's Panamera series and Mercedes

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Speaker 1: Benz's Luxury s range. The four seater will start at

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Speaker 1: around one hundred and twelve thousand dollars, which is significantly

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Speaker 1: more expensive than Tesla's model S. Neo has been considering

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Speaker 1: further job cuts after cutting ten percent of its workforce

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Speaker 1: last month after falling short of its sales targets and

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Speaker 1: continuing to post losses. That's news when you want it

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Speaker 1: with Bloomberg News. Now, I'm Dan Schwartzman, and this is

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Speaker 1: Bloomberg