1 00:00:00,840 --> 00:00:04,280 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,280 --> 00:00:08,440 Speaker 1: ind Kleggi. President Trump's Saturday evening posted on Truth's social 3 00:00:08,480 --> 00:00:11,119 Speaker 1: that Iran has forty eight hours to fully open the 4 00:00:11,160 --> 00:00:14,760 Speaker 1: Strait of Hormuz. He posted quote, If Iran doesn't fully 5 00:00:14,800 --> 00:00:17,800 Speaker 1: open without threat the Strait of Hormuz within forty eight 6 00:00:17,840 --> 00:00:20,960 Speaker 1: hours from this exact point in time, the United States 7 00:00:21,000 --> 00:00:24,279 Speaker 1: of America will hit and obliterate their various power plants, 8 00:00:24,520 --> 00:00:28,240 Speaker 1: starting with the biggest one first. The US military says 9 00:00:28,240 --> 00:00:30,920 Speaker 1: it has been able to degrade Iran's ability to target 10 00:00:30,960 --> 00:00:33,920 Speaker 1: ships moving through the Strait of Hormuz. As President Trump 11 00:00:34,000 --> 00:00:37,120 Speaker 1: Friday flirted the idea of winding down military efforts in 12 00:00:37,159 --> 00:00:39,880 Speaker 1: the Persian Gulf, more than one hundred people were injured 13 00:00:39,920 --> 00:00:42,760 Speaker 1: Saturday evening in Israel by multiple Iranian strikes in the 14 00:00:42,760 --> 00:00:46,080 Speaker 1: country south, as Tehran sought to retaliate for an earlier 15 00:00:46,159 --> 00:00:50,040 Speaker 1: attack on its own nuclear facility. The president's comments hinting 16 00:00:50,040 --> 00:00:52,639 Speaker 1: at a de escalation came shortly after he ruled out 17 00:00:52,680 --> 00:00:55,560 Speaker 1: a ceasefire and kept the door open to deploying ground troops, 18 00:00:55,600 --> 00:00:59,760 Speaker 1: highlighting how the president continues to send wildly diversion signals 19 00:00:59,800 --> 00:01:02,480 Speaker 1: of his objectives and plans for the US and Israeli 20 00:01:02,520 --> 00:01:05,560 Speaker 1: war on Iran. President Trump says he is ready to 21 00:01:05,600 --> 00:01:08,840 Speaker 1: deploy ICE agents to US airports as soon as Monday 22 00:01:08,880 --> 00:01:12,080 Speaker 1: if Congressional Democrats don't agree to a plan for funding 23 00:01:12,120 --> 00:01:15,320 Speaker 1: parts of the Department of Homeland Security. Trump said Saturday 24 00:01:15,319 --> 00:01:17,720 Speaker 1: in a social media post that the ICE agents would 25 00:01:17,720 --> 00:01:21,440 Speaker 1: not only assist the tessay in handling normal airport security, 26 00:01:21,680 --> 00:01:24,400 Speaker 1: but added he would direct them to arrest anyone suspected 27 00:01:24,400 --> 00:01:28,200 Speaker 1: of immigrating illegally to the US. The president posted quote, 28 00:01:28,319 --> 00:01:31,160 Speaker 1: I will move our brilliant and patriotic ICE agents to 29 00:01:31,240 --> 00:01:33,679 Speaker 1: the airports, where they will do security like no one 30 00:01:33,720 --> 00:01:37,000 Speaker 1: has ever seen before, including the immediate arrest of all 31 00:01:37,040 --> 00:01:40,000 Speaker 1: illegal immigrants who have come to our country, with heavy 32 00:01:40,000 --> 00:01:43,000 Speaker 1: emphasis on those from Somalia. And a later post, he 33 00:01:43,080 --> 00:01:46,120 Speaker 1: updated his plan to say that he looked quote forward 34 00:01:46,200 --> 00:01:48,760 Speaker 1: to moving ICE in on Monday, and have already told 35 00:01:48,800 --> 00:01:51,800 Speaker 1: him to get ready. No more waiting, no more games. 36 00:01:52,440 --> 00:01:56,600 Speaker 1: Senate Majority leader John Thune says negotiations have been productive. 37 00:01:56,680 --> 00:01:58,600 Speaker 2: At some point the Democrats are going to have to 38 00:01:58,640 --> 00:02:00,920 Speaker 2: take yes for an answer. I know they think this 39 00:02:01,040 --> 00:02:04,440 Speaker 2: is politically good for them. It's not it's not politically 40 00:02:04,440 --> 00:02:08,080 Speaker 2: good for anybody. They have literally tens of thousands and 41 00:02:08,160 --> 00:02:11,160 Speaker 2: hundreds of thousands of people out of work, and important 42 00:02:11,240 --> 00:02:14,239 Speaker 2: functions of our government not being carried out on a 43 00:02:14,320 --> 00:02:17,720 Speaker 2: daily basis, and functions that are important to our homeland 44 00:02:17,720 --> 00:02:19,760 Speaker 2: security and our national security. 45 00:02:20,120 --> 00:02:22,960 Speaker 1: ICE reforms have been a sticking point for Democrats. This 46 00:02:23,040 --> 00:02:25,680 Speaker 1: is Virginia, Senator Mark Warner. This needs to be result. 47 00:02:25,760 --> 00:02:29,560 Speaker 1: I mean, they're genuine spewed about ICE reflamps. I think 48 00:02:29,639 --> 00:02:31,960 Speaker 1: no one wants to see a return of comunity what 49 00:02:32,000 --> 00:02:35,239 Speaker 1: we saw in Minneapolis, New Jersey Senator Corey Booker. There's 50 00:02:35,280 --> 00:02:39,040 Speaker 1: still massed agents jumping out of unmarked cars, violating the 51 00:02:39,080 --> 00:02:43,799 Speaker 1: dignity of our communities, taking actions that are violating people's 52 00:02:43,800 --> 00:02:46,560 Speaker 1: civil rights. Senators hope to hammer out a deal before 53 00:02:46,600 --> 00:02:49,320 Speaker 1: going on Easter holiday recess on the thirtieth. Until then, 54 00:02:49,400 --> 00:02:54,120 Speaker 1: thousands of TSA employees will keep working without pay. Robert Muller, 55 00:02:54,200 --> 00:02:57,560 Speaker 1: the FBI director who transformed the nation's premier law enforcement 56 00:02:57,600 --> 00:03:01,120 Speaker 1: agency into a terrorism fighting force after the September eleventh, 57 00:03:01,200 --> 00:03:04,240 Speaker 1: twenty one attacks, and who later became Special counsel in 58 00:03:04,320 --> 00:03:08,120 Speaker 1: charge of investigating ties between Russia and Donald Trump's presidential 59 00:03:08,160 --> 00:03:11,880 Speaker 1: campaign has died. He was eighty one. President Trump on Saturday, 60 00:03:11,919 --> 00:03:15,480 Speaker 1: after learning the news, posted on truth Social Robert Muller 61 00:03:15,639 --> 00:03:18,080 Speaker 1: just died. Good. I'm glad he's dead. He can no 62 00:03:18,160 --> 00:03:21,520 Speaker 1: longer hurt innocent people. The US has allowed the sale 63 00:03:21,560 --> 00:03:24,560 Speaker 1: of Iranian oil and petrochemical products that have been loaded 64 00:03:24,600 --> 00:03:27,160 Speaker 1: onto tankers to counter rising oil prices due to the 65 00:03:27,200 --> 00:03:29,240 Speaker 1: war in the Middle East in an effort to ease 66 00:03:29,280 --> 00:03:32,160 Speaker 1: a fuel supply crunch that's led to a search in prices, 67 00:03:32,320 --> 00:03:36,360 Speaker 1: But Bloomberg senior commodity strategist Mike mcgloone says crude could 68 00:03:36,480 --> 00:03:38,760 Speaker 1: spike again come Monday. I think the key thing is 69 00:03:38,760 --> 00:03:41,200 Speaker 1: when we wake up Monday morning or Sunday night, and 70 00:03:41,200 --> 00:03:43,120 Speaker 1: again if we have another day with the lack of 71 00:03:43,120 --> 00:03:45,960 Speaker 1: Iran to have offensive capabilities, this is the beginning of 72 00:03:45,960 --> 00:03:48,240 Speaker 1: the end. Crudell's probably peaked at one twenty. And here's 73 00:03:48,240 --> 00:03:50,800 Speaker 1: a key thing. By the time we get to the midterms, 74 00:03:50,960 --> 00:03:53,280 Speaker 1: the December crude oil contract is one going to mean 75 00:03:53,320 --> 00:03:55,320 Speaker 1: Its matters that one right now is at seventy eight 76 00:03:55,360 --> 00:03:57,560 Speaker 1: dollars a barrel. I fully get expected to be down 77 00:03:57,640 --> 00:04:00,360 Speaker 1: by fifty. By the time we get to midterms, Burgs 78 00:04:00,400 --> 00:04:03,200 Speaker 1: might be glown on Bloomberg this weekend. Brent closed on 79 00:04:03,240 --> 00:04:05,360 Speaker 1: Friday above one hundred and twelve dollars a barrel, the 80 00:04:05,440 --> 00:04:09,320 Speaker 1: highest since mid twenty twenty two. United Airlines CEO Scott 81 00:04:09,400 --> 00:04:11,640 Speaker 1: Kirby ward of one hundred and seventy five dollars oil 82 00:04:11,680 --> 00:04:15,320 Speaker 1: prices that would dramatically drive up jet fuel expenses, outlining 83 00:04:15,360 --> 00:04:18,680 Speaker 1: worst case scenarios even as the aviation industry benefits from 84 00:04:18,680 --> 00:04:22,359 Speaker 1: current record travel demand. Kirby told staff and a memo Friday, 85 00:04:22,520 --> 00:04:26,000 Speaker 1: the already elevated price of jet fuel is prompting the 86 00:04:26,040 --> 00:04:29,039 Speaker 1: airline to cut five percentage points of capacity in the 87 00:04:29,080 --> 00:04:32,479 Speaker 1: near term, where routes are temporarily unprofitable. At the same time, 88 00:04:32,520 --> 00:04:34,560 Speaker 1: he said the carrier is strong enough to weather a 89 00:04:34,640 --> 00:04:38,520 Speaker 1: crisis and won't defer investments or furlough workers. The Senate 90 00:04:38,560 --> 00:04:41,400 Speaker 1: on Saturday blocked and amendment that would ban transgender athletes 91 00:04:41,400 --> 00:04:44,280 Speaker 1: from playing in women's sports. It marks the rejection of 92 00:04:44,279 --> 00:04:47,320 Speaker 1: one of President Trump's priorities as he pressures Congress to 93 00:04:47,360 --> 00:04:50,080 Speaker 1: act in a broad voting bill. Senators were holding a 94 00:04:50,160 --> 00:04:53,400 Speaker 1: rare weekend session to debate the voting legislation, which would 95 00:04:53,400 --> 00:04:56,800 Speaker 1: put in place strict new requirements for voter registration and 96 00:04:56,920 --> 00:04:59,120 Speaker 1: require photo IDs at the polls in an effort to 97 00:04:59,120 --> 00:05:02,919 Speaker 1: prevent people in the country illegally from casting ballots. The 98 00:05:02,960 --> 00:05:05,560 Speaker 1: House passed the bill earlier this year, but the President 99 00:05:05,600 --> 00:05:09,120 Speaker 1: has since said he wants additional priorities added to the legislation, 100 00:05:09,520 --> 00:05:12,880 Speaker 1: including the sports ban for transgender athletes and a ban 101 00:05:13,080 --> 00:05:16,560 Speaker 1: on all mail in voting. The Financial Times reports open 102 00:05:16,600 --> 00:05:19,800 Speaker 1: ai plans to expand its workforce this year. Bloomberg's Monica 103 00:05:19,880 --> 00:05:21,279 Speaker 1: Ris has details. 104 00:05:20,880 --> 00:05:23,960 Speaker 3: OpenAI plans to almost double its headcount by the end 105 00:05:24,000 --> 00:05:26,680 Speaker 3: of the year to about eight thousand workers as it 106 00:05:26,720 --> 00:05:29,680 Speaker 3: works to fend off competition from companies such as Anthropic 107 00:05:29,839 --> 00:05:34,960 Speaker 3: and Google. The new hires will largely work across product development, engineering, research, 108 00:05:35,000 --> 00:05:38,520 Speaker 3: and sales, mostly in San Francisco, where OpenAI just leased 109 00:05:38,560 --> 00:05:41,880 Speaker 3: new office space to accommodate its growing staff. The chad 110 00:05:41,880 --> 00:05:44,599 Speaker 3: GPT makers in a race with competitors to will more 111 00:05:44,720 --> 00:05:48,360 Speaker 3: corporate customers, with Bloomberg reporting last week that the firms 112 00:05:48,360 --> 00:05:51,080 Speaker 3: and talks to form a joint venture with private equity 113 00:05:51,120 --> 00:05:56,279 Speaker 3: firms focused on adopting its AI software Monica Rix, Bloomberg Radio. 114 00:05:56,480 --> 00:05:59,200 Speaker 1: That's news when you want it with Bloomberg News Now, 115 00:05:59,440 --> 00:06:02,160 Speaker 1: I made color, Leggy, this is Bluebird.