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

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Speaker 1: Curtis in Hong Kong. Israeli troops took control of the

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Speaker 1: Rafa border crossing in Gaza on Tuesday morning. Bloomberg's Dan

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Speaker 1: Flatley tells us what that means for the ceasefire talks.

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Speaker 2: I don't know that it means that there won't be

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Speaker 2: a ceasefire agreement at some point, but it certainly is

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Speaker 2: a ratcheting up of the Israeli's position here. There was

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Speaker 2: a ceasefire proposed by Hamas that was essentially rejected by Israel.

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Speaker 2: Israel said that some of the concessions or some of

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Speaker 2: the things that were in that ceasefire agreement did not

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Speaker 2: meet what they had requested.

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Speaker 1: That's Bloombergg's Dan Flatley. International negotiators are at a delicate

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Speaker 1: phase in talks to pause or end the seven month war.

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Speaker 1: A deal would include the exchange of hostages for Palestinian

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Speaker 1: prisoners and an increase of humanitarian aid to the coastal

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Speaker 1: strip by Dan says filed a legal challenge in the

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Speaker 1: United State dates against the new TikTok divestor ban law.

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Speaker 1: The move suggests a prolonged legal battle, and it indicates

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Speaker 1: that by Dance is not planning to sell the app.

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Speaker 1: Bloomberg's Mike Shepard has more.

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Speaker 3: Since President Joe Biden signed the bill into law last month,

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Speaker 3: TikTok and its owners, Beijing based Byteedance have been preparing

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Speaker 3: this legal challenge, and they're doing so on First Amendment grounds.

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Speaker 3: They're laying the groundwork for serious constitutional challenge to this law,

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Speaker 3: saying that will infringe the free speech rights of one

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Speaker 3: hundred and seventy million TikTok users.

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Speaker 1: The lawsuit marks the first legal challenge since Congress passed

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Speaker 1: the law by Dance as selling TikTok as specified by

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Speaker 1: the law is commercially, technically, and legally unfeasible. The US

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Speaker 1: has revoked export licenses allowing Intel and Qualcomm to sell

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Speaker 1: semiconductors to Huawei Technology. We're told the withdrawal effects US

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Speaker 1: sales of chips for use in Huawei phones and laptops.

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Speaker 1: Disney shares have plunged nearly ten percent after the company

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Speaker 1: suggested challenges ahead. Second quarter profit beat estimates, but management

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Speaker 1: issued a soft forecast on the growth of streaming subscribers.

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Speaker 1: Disney CFO Hugh Johnston is bullish on the firm's international business.

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Speaker 4: We are definitely back on a growth trajectory. Not just China,

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Speaker 4: but all of Asia represent growth opportunities for us, both

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Speaker 4: in terms of the streaming service and select markets as

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Speaker 4: well as in terms of the parks and cruises business.

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Speaker 4: So we do see good growth opportunities there. Europe and

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Speaker 4: Latin America continue to be good growth opportunities, and make

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Speaker 4: no mistake, North America, we're not done growing yet. We

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Speaker 4: still think there are terrific opportunities here for us.

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Speaker 1: Right at home, shares of Disney were down nine point

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Speaker 1: five percent. While Donald Trump's criminal hush money trial continues

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Speaker 1: in Manhattan, his classified documents trial is postponed. Bloomberg's Amy

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Speaker 1: Morris has more.

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Speaker 5: US District Judge Eileen Cannon, who is overseeing the criminal

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Speaker 5: proceeding in Florida, has set a whole new schedule for

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Speaker 5: motions in the case and announced that a previously scheduled

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Speaker 5: May twentieth trial date is pushed back now indefinitely. Special

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Speaker 5: counsel Jack Smith wanted the judge to reschedule the trial

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Speaker 5: for July, but the judge's order suggests she's not likely

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Speaker 5: to even decide on a new date by then, it

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Speaker 5: is a blow to the Justice Department's efforts to get

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Speaker 5: a jury verdict in the case before the November presidential election.

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Speaker 5: Smith is also waiting on a ruling on presidential immunity

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Speaker 5: from the Supreme Court to determine if yet another case

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Speaker 5: can move forward this year. In Washington, Amy Morris Bloomberg Radio.

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Speaker 1: It's a thankless job when interest rates are high and

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Speaker 1: inflation is elevated, and that continues to be the case

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Speaker 1: for Fed Chair Jerome Powell, Bloomberg. Nathan Hager has more

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Speaker 1: from Washington.

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Speaker 6: The latest Gallup poll shows Powell struggling to shake his

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Speaker 6: status as the least popular federal Reserve chief in nearly

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Speaker 6: a quarter century. Just thirty nine percent of respondents say

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Speaker 6: they have at least a fair amount of confidence Powell

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Speaker 6: will do the right thing for the economy. That's up

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Speaker 6: only slightly from thirty six percent last year, when inflation

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Speaker 6: was rising even faster than it is now. Split by

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Speaker 6: party lines, it's just thirty percent of Republicans say they

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Speaker 6: have confidence in Powell. Fifty six percent of Democrats say

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Speaker 6: they do. In Washington, I'm Nathan Hager, Bloomberg Radio.

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Speaker 1: Well, he's best known for correctly calling the US housing

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Speaker 1: crisis in two thousand and seven in two thousand and eight.

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Speaker 1: Now Steve Eisman of Newburger Berman is making a call

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Speaker 1: on the twenty twenty four presidential race.

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Speaker 4: I think that it is completely inevitable at this point

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Speaker 4: that Donald Trump will win every single swing state and

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Speaker 4: we'll get elected.

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Speaker 1: Heisman says. The pro Palestinian campus protesters are becoming the

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Speaker 1: face of the Democratic Party. He's predicting they'll make a

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Speaker 1: repeat appearance at the Democratic convention in Chicago this summer.

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Speaker 1: That's news when you want it. With Bloomberg News Now,

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Speaker 1: I'm Brian Curtis. This is Bloomberg