1
00:00:00,520 --> 00:00:03,200
Speaker 1: News when you want it with Bloomberg News Now, I'm

2
00:00:03,279 --> 00:00:06,840
Speaker 1: Charlie Pellett. Oil is declining on a report that the

3
00:00:06,960 --> 00:00:09,640
Speaker 1: US is said to have sent Iran a plan to

4
00:00:09,880 --> 00:00:12,280
Speaker 1: end the Middle East War. The New York Times is

5
00:00:12,360 --> 00:00:15,760
Speaker 1: reporting that the US and Iran a fifteen point plan.

6
00:00:15,960 --> 00:00:20,040
Speaker 1: The Times also reporting that plan was delivered by Pakistan. BARBERA.

7
00:00:20,079 --> 00:00:24,200
Speaker 1: Leief is a distinguished diplomatic fellow at the Middle East Institute.

8
00:00:24,239 --> 00:00:26,599
Speaker 2: It's been clear to some of us who've been watching

9
00:00:26,640 --> 00:00:30,360
Speaker 2: and talking to people in the region that these channels

10
00:00:30,640 --> 00:00:33,400
Speaker 2: were opened up some days ago. That is to say,

11
00:00:33,400 --> 00:00:38,440
Speaker 2: the pakistanis, the Turks and to some degree the Egyptians.

12
00:00:39,280 --> 00:00:43,159
Speaker 2: I don't think the negotiations as such have started. And

13
00:00:43,560 --> 00:00:47,720
Speaker 2: what you hear from the Iranians that sort of semantic wordsmithing.

14
00:00:48,760 --> 00:00:51,760
Speaker 2: They are talking to those who would be mediators.

15
00:00:51,840 --> 00:00:56,200
Speaker 1: Barbara Leief, Distinguished Diplomatic Fellow at the Middle East Institute.

16
00:00:56,360 --> 00:00:59,680
Speaker 1: The US meanwhile is planning to deploy about three thousand

17
00:00:59,680 --> 00:01:03,320
Speaker 1: truths from the eighty second Airborne Division to the Middle

18
00:01:03,360 --> 00:01:05,760
Speaker 1: East a according to The Wall Street Journal, As the

19
00:01:05,760 --> 00:01:09,399
Speaker 1: White House weighs options to ease Iran's chokehold on the

20
00:01:09,440 --> 00:01:13,319
Speaker 1: strait of horror moves. President Trump is singling that Iran

21
00:01:13,520 --> 00:01:16,440
Speaker 1: has offered a present as a show of good faith

22
00:01:16,440 --> 00:01:20,160
Speaker 1: in negotiations he's claimed are ongoing to end a twenty

23
00:01:20,200 --> 00:01:24,160
Speaker 1: five day conflict that has upended global markets, even as

24
00:01:24,200 --> 00:01:27,160
Speaker 1: he deploys more troops to the Middle East. The President,

25
00:01:27,240 --> 00:01:29,800
Speaker 1: the gift they made to us was very significant, and

26
00:01:30,280 --> 00:01:32,080
Speaker 1: they said they were going to do it, and it happened.

27
00:01:32,240 --> 00:01:36,119
Speaker 1: A Democrat, Emily Gregory, is poised to represent President Trump

28
00:01:36,160 --> 00:01:39,399
Speaker 1: and his Mari Lago residents in the Florida State House

29
00:01:39,400 --> 00:01:43,360
Speaker 1: of Representatives after winning a special election. The win is

30
00:01:43,400 --> 00:01:47,039
Speaker 1: a symbolic victory for Democrats and a warning sign for

31
00:01:47,120 --> 00:01:52,200
Speaker 1: Republicans ahead of the November congressional midterms. A system designed

32
00:01:52,200 --> 00:01:55,800
Speaker 1: to help air traffic controllers monitor vehicles and airplanes on

33
00:01:55,840 --> 00:01:59,480
Speaker 1: the ground failed to alert personnel at LaGuardia. Before that,

34
00:01:59,680 --> 00:02:03,800
Speaker 1: Air Canada ExpressJet collided with a fire truck late Sunday evening,

35
00:02:04,120 --> 00:02:08,519
Speaker 1: killing the two pilots. Here's US National Transportation Safety Board

36
00:02:08,600 --> 00:02:10,040
Speaker 1: Chair Jennifer.

37
00:02:09,600 --> 00:02:13,440
Speaker 3: Hammandy We also asked the Tech Center for as the

38
00:02:13,520 --> 00:02:20,400
Speaker 3: analysis of ASD. Their analysis shows that the ASDX system

39
00:02:20,520 --> 00:02:24,919
Speaker 3: did not alert. The analysis and I'm going to quote

40
00:02:25,080 --> 00:02:31,120
Speaker 3: the analysis here ASDX did not generate an alert due

41
00:02:31,120 --> 00:02:36,119
Speaker 3: to the close proximity of vehicles merging and unmerging near

42
00:02:36,200 --> 00:02:40,040
Speaker 3: the runway, resulting in the inability to create a track

43
00:02:40,240 --> 00:02:41,000
Speaker 3: of high.

44
00:02:40,720 --> 00:02:44,720
Speaker 1: Confidence in business. SpaceX is aiming to file its IPO

45
00:02:44,880 --> 00:02:48,959
Speaker 1: prospectus with regulators later this week or next week, targeting

46
00:02:49,040 --> 00:02:52,800
Speaker 1: a June public listing. That's according to the information, the

47
00:02:52,840 --> 00:02:55,960
Speaker 1: company could try to raise more than seventy five billion

48
00:02:56,080 --> 00:02:59,560
Speaker 1: in the IPO, with evaluation of one point two five

49
00:02:59,639 --> 00:03:03,880
Speaker 1: trillion and JP Morgan Chase Chairman and CEO Jamie diamond

50
00:03:03,919 --> 00:03:06,560
Speaker 1: says the US needs to look at its own shortcomings

51
00:03:06,560 --> 00:03:09,280
Speaker 1: in respect to China. He made the comments at the

52
00:03:09,360 --> 00:03:11,560
Speaker 1: Hill and Valley Forum in Washington.

53
00:03:11,880 --> 00:03:15,799
Speaker 4: Our gdpaper pursus eighty eighty five thousand dollars, this is fifteen.

54
00:03:16,240 --> 00:03:22,120
Speaker 4: We should acknowledge they've done some things magnificently well, batteries, cars, drones,

55
00:03:22,320 --> 00:03:24,639
Speaker 4: building up their ship you know we have. They've built

56
00:03:24,639 --> 00:03:26,519
Speaker 4: more ships in the last twenty years than we built.

57
00:03:27,120 --> 00:03:29,079
Speaker 4: You know, they built more ship last year than we

58
00:03:29,160 --> 00:03:32,200
Speaker 4: built the last twenty. Okay, so we should look at

59
00:03:32,200 --> 00:03:35,120
Speaker 4: our own shortcomings then and then be prepared. Have they

60
00:03:35,160 --> 00:03:38,400
Speaker 4: ever become an adversary to you know, to face off aguys.

61
00:03:38,120 --> 00:03:42,040
Speaker 1: JP Morgan chases Jamie Diamond. Chevron is planning to buy

62
00:03:42,120 --> 00:03:45,320
Speaker 1: some of the first shipments of crude from Sable offshores

63
00:03:45,440 --> 00:03:48,520
Speaker 1: platforms off the coast of Santa Barbara and with more.

64
00:03:48,640 --> 00:03:50,400
Speaker 1: Here's Bloomberg's Dan Schwartzman.

65
00:03:50,720 --> 00:03:54,000
Speaker 5: Word comes weeks after the Trump administration greenlit the restart

66
00:03:54,000 --> 00:03:57,040
Speaker 5: a production. The intention by Chevron to buy an initial

67
00:03:57,080 --> 00:03:59,600
Speaker 5: twenty thousand barrels a day of oil is another boost

68
00:03:59,640 --> 00:04:03,040
Speaker 5: for Safe, which has faced concerted environmental opposition to its

69
00:04:03,040 --> 00:04:07,040
Speaker 5: attempt to revive operations in California in water Sables plans

70
00:04:07,080 --> 00:04:09,880
Speaker 5: have also become politicized amid the debate over how to

71
00:04:09,880 --> 00:04:13,200
Speaker 5: address fast rising fuel prices in the state. In New

72
00:04:13,280 --> 00:04:15,480
Speaker 5: York im Dan Schwarzman Bloomberg.

73
00:04:15,080 --> 00:04:18,520
Speaker 1: Radio, Chevron shares up today by eight tenths of warm percent.

74
00:04:19,000 --> 00:04:24,120
Speaker 1: Shares of Sable Offshore rallied six point three percent. US

75
00:04:24,160 --> 00:04:27,640
Speaker 1: stocks did decline on Tuesday, with the SMP five hundred

76
00:04:27,680 --> 00:04:31,000
Speaker 1: index down twenty four points to sixty five fifty six,

77
00:04:31,080 --> 00:04:34,280
Speaker 1: a drop of four tenths of warm percent down. Industrials

78
00:04:34,360 --> 00:04:37,480
Speaker 1: down eighty four down two tenths of warm percent, nazdak

79
00:04:37,600 --> 00:04:40,960
Speaker 1: lore by eight tenths of one percent. And that's news

80
00:04:41,040 --> 00:04:43,760
Speaker 1: when you want it. With Bloomberg News Now, I'm Charlie

81
00:04:43,800 --> 00:04:45,560
Speaker 1: Palatan kiss Is Boomberg