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Speaker 1: News when you want it With Bloomberg News Now, I'm

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Speaker 1: Brian Curtis in Los Angeles. Democrats are coming together for

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Speaker 1: their convention in Chicago, but in fighting over the Israel

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Speaker 1: Hamas war is threatening to pull them apart. Bloomberg's Amy

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Speaker 1: Morris as a preview.

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Speaker 2: The backdrop of the Democratic National Convention this week is

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Speaker 2: made up of pro Palestinian protests, incumbents ousted for criticizing Israel,

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Speaker 2: and warnings from the left over rising anti Semitism. Now,

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Speaker 2: as the party tries to pull together in a show

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Speaker 2: of unity, Democrats remain split over Israel's war in Gaza.

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Speaker 2: Pro Palestinian and pro Israeli groups say they'll be there,

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Speaker 2: which means security is tight. Chicago and the DNC expect

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Speaker 2: fifty thousand visitors, twenty thousand members of the press, and

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Speaker 2: fifty five hundred delegates and more. President Biden speaks tonight,

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Speaker 2: former President Obama speaks tomorrow night, Former President Bill Clinton

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Speaker 2: speaks on Wednesday, and Vice President Harris takes the stage

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Speaker 2: on Thursday. Amy Morris, Bloomberg Radio.

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Speaker 1: The election may not be decided yet, but former President

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Speaker 1: Trump is already looking ahead to his transition Bloomberg's Nathan

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Speaker 1: Hager reports from Washington.

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Speaker 3: Trump has named billionaire Canter Fitzgerald, CEO Howard Lutnik and

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Speaker 3: World Wrestling Entertainment co founder Linda McMahon co chairs of

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Speaker 3: his transition. Vice presidential nominee j D. Vance and Trump's

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Speaker 3: sons Don Junior and Eric will be honorary co chairs.

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Speaker 3: The former president has a history of chaotic transitions. He

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Speaker 3: fired former New Jersey Governor Chris Christi days after winning

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Speaker 3: the twenty sixteen election, and the Biden transition says Trump's

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Speaker 3: staff didn't cooperate with them in twenty twenty, as the

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Speaker 3: former president insisted he won that election. In Washington, I'm

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Speaker 3: Nathan Hager, Bloomberg Radio.

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Speaker 1: In other news, a new strain of m pox led

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Speaker 1: the WHO to declare a global health emergency last week.

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Speaker 1: The bulk of the cases are centered in the Democratic

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Speaker 1: Republic of Congo, but like COVID, the strain is mutating

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Speaker 1: that in turn is complicating efforts to contain it. Bloomberg's

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Speaker 1: Janus Q reports there are signs the WHO is taking

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Speaker 1: lessons learned from COVID.

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Speaker 4: In the early days of COVID. For example, when asked

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Speaker 4: whether this was aborne. They said no, and yet dat

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Speaker 4: to backtrack on that this week when I asked that

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Speaker 4: question on their press conferences, they didn't say it was aborn,

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Speaker 4: but they also didn't write it all completely.

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Speaker 1: Bloomberg's jenis Q reporting from Johannesburg Elsewhere. Former US Representative

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Speaker 1: George Santos is expected to plead guilty to multiple counts

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Speaker 1: in his federal fraud case this week. That story from

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Speaker 1: Bloomberg's Denise Pealagerni.

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Speaker 5: A source tells the Associated Press the Republican from New

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Speaker 5: York is expected to enter the plea at a court

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Speaker 5: hearing planned for Monday on Long Island. The court hearing

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Speaker 5: was scheduled for Monday afternoon after prosecutors and Santos lawyers

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Speaker 5: jointly requested one on Friday. Santos has previously pleaded not

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Speaker 5: guilty to arrange at financial crimes, including lying to Congress

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Speaker 5: about his wealth, collecting unemployment benefits will actually work, and

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Speaker 5: using campaign contributions to pay for personal expenses such as

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Speaker 5: designer clothing. The New York Republican was expelled from Congress

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Speaker 5: in December. Denise Pelgritty Bloomberg Radio.

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Speaker 1: Wall Street's biggest names will be converging this week on

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Speaker 1: a small town in Wyoming as they look for hints

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Speaker 1: on the direction of monetary policy. Let's get more here

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Speaker 1: from Bloomberg's Michael McKee, This is the week all Wall

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Speaker 1: Street has been waiting for. The Kansas City FEDCE annual

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Speaker 1: Jackson Hole Symposium is actually an academic conference about economic theory,

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Speaker 1: not current monetary policy. Except for the Federal Reserve Chairman's

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Speaker 1: opening remarks on Friday morning, j Powell isn't expected to

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Speaker 1: give investors a lot of detail about the Central Bank's

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Speaker 1: plans for rate cuts. He is expected to say cuts

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Speaker 1: remain on track as inflation keeps coming down. The tone

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Speaker 1: he sets will set market expectations for the next month.

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Speaker 1: Until the next policy meeting September eighteenth, Wall Street can

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Speaker 1: decide whether the reality of Jackson Hole lives up to

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Speaker 1: the hype. Michael McKee, Bloomberg Radio. Open AI says it

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Speaker 1: has shut down a foreign influence operation. Bloomberg's Nancy Lyons

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Speaker 1: has details.

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Speaker 6: Open AI says it's removed a network of Iranian accounts

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Speaker 6: that used its chat GPT to try waging a foreign

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Speaker 6: influence campaign targeting the US presidential election. The accounts used

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Speaker 6: fake news articles in comments that masqueraded as coming from

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Speaker 6: both liberal and conservative users. The influence campaign made up

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Speaker 6: fanciful stories about the candidates and also posted about the

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Speaker 6: Warren Gaza and the Paris Olympics on Nancy Lyons, Bloomberg Radio.

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Speaker 1: And also Disney Fox and Warner Brothers. Discovery have been

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Speaker 1: blocked by a judge from launching their streaming sports service,

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Speaker 1: the decision coming just a week before the rollout of

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Speaker 1: Venue Sports. We get more from Bloomberg's Charlie Pillett.

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Speaker 7: It is a big win for small arrival Fubo TV.

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Speaker 7: US District Judge Margaret Garnett issued a preliminary injunction blocking

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Speaker 7: the forty two dollars ninety nine cent a month service

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Speaker 7: Venue Sports from going forward while foub lawsuit against the

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Speaker 7: three companies proceeds. In her ruling, the judge said the

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Speaker 7: three companies quote exercise near monopolistic control over the ability

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Speaker 7: for a different live sports only streaming service to exist

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Speaker 7: and compete with them. The ruling in Manhattan Federal Court

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Speaker 7: is a setback for the big media companies and a

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Speaker 7: victory for Fubo in New York. Charlie Pellet Bloomberg Radio.

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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