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Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.

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Speaker 2: Good Morning, I'm Nathan Hager, and I'm Karen Moscow. Here

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Speaker 2: are the stories we're following today.

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Speaker 3: Well, Karen. After he was suspended for comments over the

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Speaker 3: murder of conservative activist Charlie Kirk, late night host Jimmy

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Speaker 3: Kimmel took a conciliatory tone in his return to TV

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Speaker 3: last night. Bloomberg's John Tucker's Here with More. Good Morning, John.

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Speaker 4: Man, Good Morning. Nathan Kimmel choked up several times during

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Speaker 4: his return to late night TV.

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Speaker 5: You understand that it was never my intention to make

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Speaker 5: light of the murder of a young man.

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Speaker 1: I don't well.

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Speaker 4: Kimmel's monologue last night was the first time he's spoken

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Speaker 4: publicly since ABC parent Walt Disney pulled the show off

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Speaker 4: the year September seventeenth.

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Speaker 5: I posted a message on Instagram when the Daves killed,

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Speaker 5: sending love to his family and asking him for compassion,

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Speaker 5: and I mentioned and I still do. Nor was it

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Speaker 5: my intention to blame any specific group for the actions

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Speaker 5: of what it was obviously a deeply disturbed individual.

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Speaker 4: Kim O personally negotiated his return with Disney CEO Bob

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Speaker 4: Iger Later in the show. Actor Robert de Niro was

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Speaker 4: showed up as a guest, playing the role of the

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Speaker 4: FCC chairman Brendan Carr, echoing the characterization of Carr's comments

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Speaker 4: last week about ABC and Kimmel, saying we can do

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Speaker 4: this the easy way or the hard way. Sinclair and

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Speaker 4: next to our media group, two of the largest local

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Speaker 4: ABC TV stations said they would continue to keep Kimmel's

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Speaker 4: show off the air, and that's until further notice.

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Speaker 3: And John, I guess President Trump is continuing to react

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Speaker 3: to Jimmy Kimmel's return.

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Speaker 6: Huh.

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Speaker 4: Yeah, this was a social media post and it was

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Speaker 4: just the minutes actually before Kimmel's show aired. Trump floated

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Speaker 4: the prospect of unspecified future legal challenges against ABC over

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Speaker 4: Kimmel's return, calling him an arm of the Democratic Party.

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Speaker 4: This is a direct quote. Last time it went after them,

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Speaker 4: they gave me sixteen million dollars, Trump wrote, And this

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Speaker 4: one sounds even more lucrative. In New York, I'm John

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Speaker 4: Tucker Bloomberg Radio.

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Speaker 2: Right, John, thank you. Now, let's get to the latest

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Speaker 2: from the UN General Assembly. President Trump is signaling more

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Speaker 2: support for NATO after recent Russian incursions into its airspace.

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Speaker 2: The President was asked about it during a meeting with

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Speaker 2: Ukrainian President Vladimir Zelenski. Mister President, do you think that

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Speaker 2: NATO countries should shoot down Russian aircraft if they enter

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Speaker 2: their airspace? Yes? I do. And the President also says

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Speaker 2: he thinks Ukraine is in a position to take back

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Speaker 2: all the territory it's lost to Russia with support from

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Speaker 2: the European Union. He says three and a half years

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Speaker 2: of war have devastated the Russian economy.

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Speaker 7: The terrible war should have ended, and Russia should have

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Speaker 7: stopped it. But they've been three and a half years

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Speaker 7: and they've gotten that so far. So we'll see what happens.

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Speaker 2: And President Trump says it's too soon to talk about

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Speaker 2: security guarantees for Ukraine, but he has been pushing European

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Speaker 2: allies to round economic pressure on Russia. President Zelenski is

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Speaker 2: calling President Trump's position on the war a quote big

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Speaker 2: shift and Karen.

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Speaker 3: President Trump's comments on Ukraine came after a speech before

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Speaker 3: the UN General Assembly where he criticized the world body

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Speaker 3: and many of its most cherished principles.

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Speaker 8: What is the purpose of the United Nations? The UN

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Speaker 8: has such tremendous potential. I've always said it. It has

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Speaker 8: such tremendous, tremendous potential.

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Speaker 3: President called climate change a con job. He said the

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Speaker 3: global body hasn't done enough to support his diplomatic efforts,

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Speaker 3: and he warned UN member states against uncontrolled migration.

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Speaker 8: It's time to end the failed experiment of open borders.

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Speaker 9: You have to end it now.

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Speaker 4: Let's see.

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Speaker 8: I can tell you I'm really good at this stuff.

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Speaker 8: You countries are going to hell.

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Speaker 3: And President Trump complained about a faulty teleprompter and an

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Speaker 3: escalator that broke down before his speech. He said the

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Speaker 3: two things he got from the United Nations were a

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Speaker 3: bad escalator and a bad teleprompter. It was election night

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Speaker 3: in one part of Arizona and a Democrat has won

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Speaker 3: the vote in the state's seventh district. Audalitok Rialva is

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Speaker 3: the choice to succeed her father, late Democratic Representative Raoul Grialva.

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Speaker 3: The win further narrows the already razor thin Republican majority

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Speaker 3: in the House, and it also sets the stage for

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Speaker 3: a forced floor vote to release government files on Jeffrey Epstein.

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Speaker 2: Well Nathan both the House and Senator on recess as

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Speaker 2: the clock takes toward a possible government shutdown on October first,

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Speaker 2: and Bloomberg's Amy Morris has the latest from Washington.

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Speaker 10: House Democrats are set to meet on Capitol Hill September

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Speaker 10: twenty ninth. House Minority Leader Hakim Jeffries sent a letter

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Speaker 10: to Democrats saying that they'll also have a virtual meeting

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Speaker 10: on the twenty sixth to find a path forward. Jeffrey

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Speaker 10: says they're ready.

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Speaker 5: To meet with anyone, any time, at any place.

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Speaker 10: He accused Trump of chickening out of the meeting they

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Speaker 10: were supposed to have with the president. This Thursday, Trump canceled,

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Speaker 10: saying that Democrats have to drop their demands for renewing

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Speaker 10: healthcare subsidies and ending dedicaide cuts before he'll agree to

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Speaker 10: negotiate with congressional leaders. Bloomberg Economics reports a government shutdown

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Speaker 10: is now more likely and may be harder to end

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Speaker 10: in Washington. Amy Morris, Bloomberg Radio.

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Speaker 3: All right, Amy, thank you. We have more economic news

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Speaker 3: this morning. New comments from Fed chair J.

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Speaker 6: Powell.

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Speaker 3: He says the outlooks for the labor market and inflation

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Speaker 3: both face risks. He's reiterating his view that policymakers have

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Speaker 3: a difficult road ahead as they weigh further interest rate cuts.

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Speaker 3: In remarks heard here on Bloomberg Radio, Powell spoke to

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Speaker 3: the Greater Providence Chamber of Commerce in Rhode Island.

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Speaker 11: Near term risks to inflation are tilted to the upside

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Speaker 11: and risks to employment are tilted to the downside, a

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Speaker 11: challenging situation. Two sided risks mean that there is no

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Speaker 11: risk free path.

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Speaker 3: FED shared Jay Powell offered no hints as to whether

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Speaker 3: he might support a rate cut at the fed's next

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Speaker 3: meeting next month.

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Speaker 2: Well Nathan Powell's outlook helped drive stocks down from all

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Speaker 2: time highs. Mag seven stocks led the declines, dropping one

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Speaker 2: and a half person this morning shares a micron. They

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Speaker 2: are higher. They're up about one in a third percent.

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Speaker 2: The largest US maker of computer memory chips gave an

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Speaker 2: upbeat forecast, help by demand for artificial intelligence equipment and

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Speaker 2: and Twanch. Caban is equity research analyst from New Street Research.

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Speaker 12: The key metrics for look at here are cogs, of course,

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Speaker 12: and pricing, you know, and that's driving you know. You

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Speaker 12: see cogs growing sequenity, You see gross margins expanding and

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Speaker 12: revenues growing more than twenty percent sequentcity on and that's

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Speaker 12: supporting very much, you know, our perspective here because memory

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Speaker 12: is a constraint that everybody's addressing at the moment.

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Speaker 2: And that's New Street Research, equity research analyst and tuanch

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Speaker 2: Caban and Micron shares them nearly double this year.

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Speaker 3: And shares of ali Baba traded in the US are

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Speaker 3: jumping this morning, Karen, They're up nearly nine percent. The

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Speaker 3: company has revealed plans to ramp up its AI spending

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Speaker 3: past an original fifty billion dollar plus target. Ali Baba

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Speaker 3: also says it's integrating Invidious suite of so called physical

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Speaker 3: AI tools It's to it's cloud software platform. It is

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Speaker 3: a notable collaboration between two of the leading AI names

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Speaker 3: in the US and China.

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Speaker 2: Time now for look at some of the other stories

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Speaker 2: making news in New York and around the world. For

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Speaker 2: that were joined by Blueber's Michael Barr Michael, good morning.

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Speaker 6: Good morning here, and Ryan Ruth has been found guilty

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Speaker 6: of attempting to assassinate Donald Trump at a Florida golf

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Speaker 6: course last year. After the verdict, Ruth tried to stab

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Speaker 6: himself in the neck with a pen, but was quickly

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Speaker 6: restrained by officers. The jury took about two hours to

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Speaker 6: reach their decision. Ruth, who represented himself in court, faces

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Speaker 6: life in prison, with sentencing scheduled for December eighteenth. President

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Speaker 6: Trump praising the verdict, saying justice was served.

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Speaker 7: I'm very appreciative of the justice that was given and

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Speaker 7: the way it was handled by Pam Bondi and Todd.

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Speaker 6: Blanche, prosecuted to say Ruth spent weeks plotting to kill

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Speaker 6: mister Trump, but did not fire his weapon. On the

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Speaker 6: Southern Chinese coast, rain and wind as typhoon Brigassa, one

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Speaker 6: of the strongest in years, slam waves taller than lampposts

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Speaker 6: onto Hong Kong promenades. Regassa left destruction in Taiwan and

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Speaker 6: the Philippines. Taiwan reported fourteen deaths in a flooded township,

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Speaker 6: and ten deaths occurred in the Philippines. An executive from

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Speaker 6: Hong Kong's airport authorities says the airport expects to handle

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Speaker 6: more than a thousand flights on Thursday. The suspect in

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Speaker 6: Long Island's infamous Gilgo Beach serial killings has lost his

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Speaker 6: bit to separate his cases into multiple trials. Rex Huerman

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Speaker 6: showed no emotion, learning he will face a single trial

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Speaker 6: for all seven alleged murders. Defense attorney Michael Brown said

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Speaker 6: he disagrees with the judge's decision, but is moving on.

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Speaker 13: We're not wasting people's time. We're not making motions for

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Speaker 13: the sake of making motions. We're making motions because we

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Speaker 13: are confident in the law and confident in our position.

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Speaker 6: Defense attorney Michael Brown said they wanted to split the cases,

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Speaker 6: arguing the moos differ and jurors wouldn't be able to

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Speaker 6: separate evidence. Global News twenty four hours a day and

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Speaker 6: whenever you want it with Bloomberg News Now. Michael Barrn,

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Speaker 6: this is Bloomberg Carry.

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Speaker 2: Thanks Michael. Time now for our Bloomberg Sports update, and

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Speaker 2: for that we bring in John Stashauer.

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Speaker 9: Thanks Darren. The Seattle Manners are heading to the postseason

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Speaker 9: and as baseball's hottest team. They rallied past Colorado four

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Speaker 9: to three, Josh Naylor a three run double in the

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Speaker 9: eighth inning. They'd won fifteen of their last sixteen the

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Speaker 9: Yankees with a walk off winn over. The White Sox

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Speaker 9: also clinched the playoff. Birth coaching change at Oklahoma State,

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Speaker 9: Mike Gundy out he'd been the Cowboys coach the last

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Speaker 9: twenty one seasons. A quarterback change on the Giants, Russell

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Speaker 9: Wilson heads to the bench. Rookie Jackson Dart makes the start.

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Speaker 9: On Sunday, That's your Bloomberg Sports Update.

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Speaker 2: Stay with us. More from Bloomberg day Break coming up

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Speaker 2: after this.

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Speaker 1: On Bloomberg Radio nationwide on Sirius XM, and around the

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Speaker 1: world on Bloomberg dot Com and the Bloomberg Business app.

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Speaker 1: This is Bloomberg Daybreak.

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Speaker 3: Good morning, I'm Nathan Hager. Jimmy Kimmel Live was live

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Speaker 3: once again last night on most ABC stations, in his

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Speaker 3: first show since Disney pulled him off the air over

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Speaker 3: comments about Charlie Kirk. Kimmel said he never intended to

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Speaker 3: make light of the conservative activist Burger, and he made

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Speaker 3: a point about free speech.

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Speaker 5: This show is not important. What is important is that

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Speaker 5: we get to live in a country that allows us

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Speaker 5: to have a.

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Speaker 6: Show like this.

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Speaker 3: That was Jimmy Kimmel in his first monologue since his suspension.

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Speaker 3: For more were joined by Bloomberg's Jill Desis and Joe

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Speaker 3: Really was an emotional return for Jimmy Kimmel to the

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Speaker 3: air really speaks to the stakes for him with the

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Speaker 3: future of his show not really of one hundred percent clear.

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Speaker 14: Good morning, Yes, Good morning, Nathan. Yeah. I mean, this

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Speaker 14: is a story that honestly still seems far from over.

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Speaker 14: You did have this very apologetic, conciliatory tone out of

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Speaker 14: Jimmykiml last night, but then you also do have some

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Speaker 14: of these concerns about whether or not he actually will

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Speaker 14: have this show in the long run, right, I mean,

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Speaker 14: while he was on air, he was not on air

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Speaker 14: for a significant number of broadcasters, particularly those run by

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Speaker 14: Saint Clair and Nexstar. Remember these are broadcasters that really

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Speaker 14: were kind of behind some of that initial push to

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Speaker 14: pull him from their airwaves in the first one. They

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Speaker 14: operate dozens of ABC affiliates, including in very large markets

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Speaker 14: like Seattle and Washington, d C. And you know, look,

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Speaker 14: Jimmy Kimmel made a point during his show of talking

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Speaker 14: about some of those free speech concerns. It also bring

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Speaker 14: up the fact that, as we were discussing earlier on

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Speaker 14: this program, Trump put out that statement talking about you know,

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Speaker 14: the idea of going after ABC said quote, last time

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Speaker 14: I went after them, they gave me sixteen million dollars,

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Speaker 14: you know, I believe he's referring to a defamation suit

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Speaker 14: that said Disney paid to settle in the case involving

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Speaker 14: one of their anchors, George Stephanopoulos, and kind of shows that,

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Speaker 14: you know, I mean, Trump is certainly willing to, you know,

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Speaker 14: go after certain types of speech, are other things that

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Speaker 14: he sort of seemed unacceptable in the courts, and so

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Speaker 14: you kind of wonder where exactly something like this goes

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Speaker 14: if the SEC continues to be involved. But yeah, I mean, certainly,

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Speaker 14: I don't think that the story is quite over yet.

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Speaker 6: Yeah.

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Speaker 3: Interesting to see that focus from the president following what

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Speaker 3: was a pretty multi layered visit to the UN General

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Speaker 3: Assembly yesterday, particularly what the Ukrainian President Voladimir Zelenski is

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Speaker 3: calling a pretty big shift when it comes to the

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Speaker 3: president's position on the war.

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Speaker 14: Well, it is a very big shift. I mean, I

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Speaker 14: think really notably, what you heard from the President of

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Speaker 14: the United States, who is in the past, just over

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Speaker 14: the past couple of months, said that, you know, perhaps

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Speaker 14: Ukraine should make some territorial concessions in Russia's war on

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Speaker 14: the country. Now he kind of took a completely different

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Speaker 14: tone here. I mean, he's talking about how potentially, you know,

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Speaker 14: with the support of the European Union, Ukraine is positioned

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Speaker 14: not only to fight back, but also to reclaim all

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Speaker 14: of the territory taken by Russi since it's invasion in

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Speaker 14: twenty twenty two. I think what this really does speak

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Speaker 14: too is the fact that, you know, ending Russia's war

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Speaker 14: in Ukraine was something that Trump had made a campaign promise,

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Speaker 14: something that he said that he wanted to get done

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Speaker 14: day one in office. He's obviously been very frustrated with

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Speaker 14: Vladimir Putin, increasingly frustrated with Russia over the past few months,

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Speaker 14: and now you've got him saying this. I do think

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Speaker 14: one thing that hasn't particularly changed about Trump's stance on

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Speaker 14: this war is that he is really pushing the EU

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Speaker 14: to take the front sort of seat here, maybe not

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Speaker 14: providing any sort of you know, boots on the ground

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Speaker 14: by the US, but really sort of pushing the EU

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Speaker 14: to get involved here. But I do think that those

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Speaker 14: particular notes, that territorial note involving Ukraine was a really

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Speaker 14: really interesting shift from the president here.

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Speaker 3: And in just thirty seconds, Jill, what about European Union support?

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Speaker 3: Does it look like they're behind what the President is

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Speaker 3: saying when it comes to boosting their level of support.

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Speaker 14: Well, I mean, I think that what we've seen over

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Speaker 14: the past several months is that you do see, you know,

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Speaker 14: them kind of come to the table a little bit more.

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Speaker 14: I mean, certainly Trump has kind of been banging this Trump.

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Speaker 14: I mean, you know how exactly this all ends up resulting,

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Speaker 14: I think obviously still remains me seen. I mean, it's

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Speaker 14: just a couple of weeks ago. You know, Trump was

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Speaker 14: hoping that something would end soon. I'm not sure that

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Speaker 14: we're quite there yet.

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