1 00:00:00,200 --> 00:00:07,240 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,320 --> 00:00:11,840 Speaker 2: News when you want it with Bloomberg News Now I'm 3 00:00:11,840 --> 00:00:15,960 Speaker 2: in Kleggy. The Justice Department has opened a criminal investigation 4 00:00:16,040 --> 00:00:19,840 Speaker 2: into that scary Boeing seven thirty seven Max Alaska Airlines 5 00:00:19,880 --> 00:00:22,480 Speaker 2: flight where a piece of the door plug fell out. 6 00:00:22,520 --> 00:00:24,840 Speaker 2: We get more from Bloomberg's Denise Pellegrini. 7 00:00:25,160 --> 00:00:28,639 Speaker 1: Investigators have already contacted some passengers and crew on the 8 00:00:28,680 --> 00:00:32,800 Speaker 1: early January flight, and investigators have already interviewed pilots and 9 00:00:32,880 --> 00:00:37,000 Speaker 1: flight attendants. Alaska Airline says it's fully cooperating with the probe. 10 00:00:37,200 --> 00:00:39,639 Speaker 1: One thing Justice is looking at is whether Boeing has 11 00:00:39,640 --> 00:00:43,160 Speaker 1: been complying with an earlier settlement after those fatal seven 12 00:00:43,240 --> 00:00:46,479 Speaker 1: thirty seven Max crashes in twenty eighteen and twenty nineteen. 13 00:00:46,880 --> 00:00:49,279 Speaker 1: If Boeing violated the terms of the twenty twenty one 14 00:00:49,360 --> 00:00:52,600 Speaker 1: deal over those crashes, it could face charges of defrauding 15 00:00:52,640 --> 00:00:55,080 Speaker 1: the US. Denise Pellegrine Bloomberg Radio. 16 00:00:55,280 --> 00:00:59,160 Speaker 2: President Joe Biden's reelection campaign is launching a new television 17 00:00:59,200 --> 00:01:01,520 Speaker 2: add It's Poke Fun at His Age, part of a 18 00:01:01,600 --> 00:01:05,319 Speaker 2: thirty million dollar battleground state advertising by following the state 19 00:01:05,360 --> 00:01:08,319 Speaker 2: of the Union speech. The spot, which opens with the 20 00:01:08,319 --> 00:01:11,440 Speaker 2: President conceding with a grin that he's not a young guy, 21 00:01:11,959 --> 00:01:15,360 Speaker 2: appears as the President, who is eighty one, is seeking 22 00:01:15,400 --> 00:01:18,720 Speaker 2: to assuage voter concerns over his age that have threatened 23 00:01:18,720 --> 00:01:22,560 Speaker 2: his re election campaign. A Bloomberg News Morning Console poll 24 00:01:22,640 --> 00:01:26,000 Speaker 2: released last month found that more than eighty percent of 25 00:01:26,040 --> 00:01:28,840 Speaker 2: those surveying key swing states are worried that Biden is 26 00:01:29,080 --> 00:01:32,560 Speaker 2: just too old. At the end of the sixty second spot, 27 00:01:32,640 --> 00:01:36,360 Speaker 2: which also features footage of former President Donald Trump struggling 28 00:01:36,360 --> 00:01:39,520 Speaker 2: to flip through a binder, Biden returns to the age 29 00:01:39,560 --> 00:01:42,959 Speaker 2: issue with a stage outtake. He equips, quote, look, I'm 30 00:01:43,040 --> 00:01:45,960 Speaker 2: very young, energetic, and handsome. What the hell am I 31 00:01:46,040 --> 00:01:51,400 Speaker 2: doing this for? Unquote? General Electrics Aerospace Division sets plans 32 00:01:51,440 --> 00:01:54,880 Speaker 2: to return more of its profits to shareholders, including restoration 33 00:01:54,960 --> 00:01:58,640 Speaker 2: of a significant dividend as it accelerates earnings as an 34 00:01:58,640 --> 00:02:02,960 Speaker 2: independent company. GE CEO Larry Culp sat down with Wall 35 00:02:03,000 --> 00:02:06,240 Speaker 2: Street Week's David Weston to discuss the future of the division. 36 00:02:06,360 --> 00:02:09,320 Speaker 3: Now, obviously there's a little bit of political dysfunction relative 37 00:02:09,320 --> 00:02:12,760 Speaker 3: to the budget currently in Washington, but what we shared 38 00:02:12,800 --> 00:02:17,200 Speaker 3: with investors was very much that same geopolitical backdrop. Unfortunately 39 00:02:17,280 --> 00:02:21,680 Speaker 3: that may not get better before it gets more tense. 40 00:02:22,840 --> 00:02:26,720 Speaker 3: And again, both here in the US and around the world, 41 00:02:27,400 --> 00:02:32,920 Speaker 3: our business supports the warfighter, both in both configurations, and 42 00:02:32,960 --> 00:02:36,600 Speaker 3: we know that there are advanced technologies that governments want 43 00:02:36,639 --> 00:02:39,440 Speaker 3: to deploy or be ready to deploy over time, and 44 00:02:39,480 --> 00:02:42,840 Speaker 3: that's where we're investing from an R and D perspective. 45 00:02:42,919 --> 00:02:45,560 Speaker 2: You can hear David's interview with Larry Culp this weekend 46 00:02:45,600 --> 00:02:50,280 Speaker 2: on Bloomberg Radio and TV. Tesla's support among Wall Street 47 00:02:50,280 --> 00:02:53,680 Speaker 2: bulls is weakening, with the lowest percentage of analysts since 48 00:02:53,760 --> 00:02:57,680 Speaker 2: April twenty twenty one recommending that investors by the stock. 49 00:02:57,880 --> 00:03:00,520 Speaker 2: Bloomberg's Karen Moscow has more yeaht. 50 00:03:00,320 --> 00:03:03,399 Speaker 4: Look for Elon Musk's electric car maker has been darkening 51 00:03:03,520 --> 00:03:06,680 Speaker 4: rapidly this year as demand for evs continued to deccelerate. 52 00:03:06,919 --> 00:03:09,600 Speaker 4: Over the last week, the backdrop worsen further as data 53 00:03:09,600 --> 00:03:12,519 Speaker 4: showed competition from other car companies in China is getting 54 00:03:12,560 --> 00:03:16,120 Speaker 4: fiercer and its production at Tesla's Germany factory was halted 55 00:03:16,160 --> 00:03:18,760 Speaker 4: amid a disruption. As a result, just twenty of the 56 00:03:18,800 --> 00:03:22,440 Speaker 4: fifty nine analysts covering Tesla have buy ratings on the stock, 57 00:03:22,720 --> 00:03:25,720 Speaker 4: and one long term bull. Morgan Stanley analyst Adam Jonas 58 00:03:25,760 --> 00:03:28,280 Speaker 4: thinks the company could even lose money in its auto 59 00:03:28,320 --> 00:03:31,240 Speaker 4: business this year. Karen Moscow Bloomberg Radio. 60 00:03:31,360 --> 00:03:33,520 Speaker 2: A Delaware judge won't stand in the way of a 61 00:03:33,560 --> 00:03:36,800 Speaker 2: March twenty second shareholder vote on a merger involving Trump 62 00:03:36,880 --> 00:03:40,000 Speaker 2: Media and Technology group that may provide a four billion 63 00:03:40,040 --> 00:03:44,800 Speaker 2: dollar windfall for former President Donald Trump. Delaware Chancery Court 64 00:03:44,880 --> 00:03:48,200 Speaker 2: Judge Sam Glascock the Third said Saturday he would not 65 00:03:48,280 --> 00:03:50,760 Speaker 2: hold up the vote because of complaints by Trump Media 66 00:03:50,800 --> 00:03:54,200 Speaker 2: co founders Andy Litinski and Wes Moss that the former 67 00:03:54,240 --> 00:03:57,400 Speaker 2: president seeks to dilute their eight point six percent stake 68 00:03:57,440 --> 00:04:00,320 Speaker 2: in the business as part of the merger. Key and 69 00:04:00,400 --> 00:04:04,040 Speaker 2: Moss ex contestants on Trump's TV show The Apprentice Remember 70 00:04:04,080 --> 00:04:07,720 Speaker 2: That allege the former president wants to increase the amount 71 00:04:07,760 --> 00:04:10,680 Speaker 2: of shares in Trump Media to water down their stake 72 00:04:10,720 --> 00:04:14,920 Speaker 2: and potentially generate billions to pay off. Legal judgments in 73 00:04:14,960 --> 00:04:19,160 Speaker 2: Europe's digital markets act as forcing tech giants to make changes. 74 00:04:19,279 --> 00:04:21,640 Speaker 2: Bloomberg's Amy Morris reports. 75 00:04:21,360 --> 00:04:24,440 Speaker 5: Europeans scrolling their phones and computers this past week got 76 00:04:24,480 --> 00:04:27,680 Speaker 5: some new choices for default browsers and search engines, where 77 00:04:27,720 --> 00:04:30,679 Speaker 5: to download iPhone apps, and how their personal online data 78 00:04:30,760 --> 00:04:33,440 Speaker 5: is used. It's all part of changes required under the 79 00:04:33,480 --> 00:04:40,120 Speaker 5: New Digital Markets Act European Union regulations that tech companies Amazon, Apple, Alphabet, Meta, 80 00:04:40,279 --> 00:04:44,520 Speaker 5: Microsoft and ByteDance must now follow amymore as Bloomberg Radio. 81 00:04:44,440 --> 00:04:47,040 Speaker 2: And that's news when you want it with Bloomberg News. Now, 82 00:04:47,200 --> 00:04:50,640 Speaker 2: I'm d Kleggi and this is Bloomberg