1 00:00:01,160 --> 00:00:03,200 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,240 --> 00:00:06,120 Speaker 1: Doug Chrisner. First, an update on the push for peace 3 00:00:06,160 --> 00:00:10,119 Speaker 1: in Ukraine. More details are emerging from last Friday's summit 4 00:00:10,160 --> 00:00:14,560 Speaker 1: between President Trump and Russian President Vladimir Putin. President Trump' 5 00:00:14,560 --> 00:00:17,799 Speaker 1: Special envoice, Steve Whitkoff, says the US would be able 6 00:00:17,880 --> 00:00:22,400 Speaker 1: to offer security guarantees to Ukraine. Here is Witkov speaking 7 00:00:22,440 --> 00:00:24,640 Speaker 1: earlier on CNN's State of the Union. 8 00:00:25,079 --> 00:00:28,120 Speaker 2: We were there as a mediator, so we were obviously 9 00:00:28,160 --> 00:00:32,120 Speaker 2: advancing the Ukrainian view. The one thing that the President 10 00:00:32,400 --> 00:00:35,880 Speaker 2: cannot agree to on behalf of the Ukrainians is any 11 00:00:35,920 --> 00:00:39,360 Speaker 2: sort of land swap that is for the Ukrainians said, 12 00:00:39,440 --> 00:00:44,400 Speaker 2: They've asked us what stated that to us, and the 13 00:00:44,440 --> 00:00:47,240 Speaker 2: President is respectful of it. But that's why we're moving 14 00:00:47,280 --> 00:00:50,160 Speaker 2: so quickly to a meeting on Monday at the Oval 15 00:00:50,200 --> 00:00:52,279 Speaker 2: Office with President Zelenski. 16 00:00:52,440 --> 00:00:56,280 Speaker 1: Steve Whitkoff there, White House Special Envoy, speaking on CNN's 17 00:00:56,320 --> 00:00:59,280 Speaker 1: State of the Union now, Witkoff says the agreement stops 18 00:00:59,280 --> 00:01:01,840 Speaker 1: short of a lot allowing Ukraine to achieve its goal 19 00:01:02,240 --> 00:01:06,800 Speaker 1: of NATO membership, something Vladimir Putin has objected to. Meantime, 20 00:01:06,840 --> 00:01:10,640 Speaker 1: Secretary of State Marco Rubio says the US is holding 21 00:01:10,680 --> 00:01:13,920 Speaker 1: out hope for a ceasefire in Ukraine. Here is Rubio 22 00:01:14,000 --> 00:01:16,119 Speaker 1: speaking on NBC's Meet the Press. 23 00:01:16,600 --> 00:01:19,080 Speaker 3: It was agreed to by all that the best way 24 00:01:19,560 --> 00:01:21,600 Speaker 3: to end this conflict is through a full peace deal. 25 00:01:21,640 --> 00:01:23,360 Speaker 3: There's no doubt about that. I mean, who would be 26 00:01:23,400 --> 00:01:25,240 Speaker 3: against the fact if tomorrow we came to you and 27 00:01:25,280 --> 00:01:27,840 Speaker 3: said we have a full piece deal and it's done. 28 00:01:28,000 --> 00:01:29,679 Speaker 3: I think that's the best way to end the war. Now, 29 00:01:29,680 --> 00:01:31,839 Speaker 3: whether there needs to be a ceasefire on the way there, 30 00:01:31,880 --> 00:01:34,920 Speaker 3: well we've advocated for that. Unfortunately the Russians as of 31 00:01:34,959 --> 00:01:36,080 Speaker 3: now have not agreed to that. 32 00:01:36,200 --> 00:01:40,000 Speaker 1: Secretary of State Marco Rubio, speaking on NBC's Meet the Press. 33 00:01:40,040 --> 00:01:43,600 Speaker 1: He went on to say additional sanctions against Russia would 34 00:01:43,600 --> 00:01:46,920 Speaker 1: not help the situation. By the way, tomorrow in Washington, 35 00:01:47,240 --> 00:01:51,440 Speaker 1: Ukrainian President Volodimir Zolenski will be joined by European leaders 36 00:01:51,720 --> 00:01:55,520 Speaker 1: for follow up talks with the Trump administration. Eric Canada 37 00:01:55,600 --> 00:01:58,880 Speaker 1: says it's delaying the resumption of flights by a day. 38 00:01:59,200 --> 00:02:02,440 Speaker 1: This move come after a flight attendance union defied in 39 00:02:02,600 --> 00:02:05,920 Speaker 1: order to end it strike by Sunday afternoon. Now, Air 40 00:02:06,000 --> 00:02:08,679 Speaker 1: Canada says about two hundred and forty flight scheduled for 41 00:02:08,800 --> 00:02:13,440 Speaker 1: Sunday afternoon we're canceled and service will now restart Monday evening. 42 00:02:13,760 --> 00:02:17,080 Speaker 1: Bloomberg's Thomas Sial is at an airport in Vancouver. He 43 00:02:17,200 --> 00:02:21,360 Speaker 1: says the mood among workers is defiant and some public 44 00:02:21,400 --> 00:02:24,680 Speaker 1: opinion appears to be on the side of flight attendants. 45 00:02:25,000 --> 00:02:28,919 Speaker 4: It's very loud, it's pretty broucus. A lot of cars 46 00:02:28,960 --> 00:02:31,120 Speaker 4: are driving in and out because we're in I think 47 00:02:31,160 --> 00:02:33,639 Speaker 4: the arrivals area. Few of them are honking their horns 48 00:02:33,639 --> 00:02:36,960 Speaker 4: and sympathy taxes as well. That They've had a lineup 49 00:02:36,960 --> 00:02:40,880 Speaker 4: of speakers, including the leader of the federal New Democrat Party, 50 00:02:40,960 --> 00:02:44,880 Speaker 4: who which is the the left wing party historically aligned 51 00:02:44,880 --> 00:02:46,200 Speaker 4: with the Union. They're not moving. 52 00:02:46,240 --> 00:02:50,120 Speaker 1: Bloomberg's Thomas Sial in Vancouver. Over the weekend, leaders of 53 00:02:50,200 --> 00:02:54,720 Speaker 1: several Republican led states said additional National Guard troops will 54 00:02:54,760 --> 00:02:57,880 Speaker 1: deploy to Washington, d C. They will be there to 55 00:02:57,919 --> 00:03:01,160 Speaker 1: support President Trump's deployment of God Guard members in the 56 00:03:01,200 --> 00:03:05,680 Speaker 1: district given concerns about crime and homelessness. Here is Maryland 57 00:03:05,760 --> 00:03:09,480 Speaker 1: Democratic Senator Chris Van Holland speaking on ABC's This Week. 58 00:03:09,720 --> 00:03:12,679 Speaker 5: All of this is a total abuse of power. It's 59 00:03:12,720 --> 00:03:16,320 Speaker 5: a manufactured emergency. If you want to see an emergency 60 00:03:16,320 --> 00:03:19,680 Speaker 5: in Washington, d C. That was back on January sixth, 61 00:03:19,680 --> 00:03:24,680 Speaker 5: twenty twenty one, when President Trump did nothing to deploy 62 00:03:24,720 --> 00:03:26,359 Speaker 5: the National Guard on time. 63 00:03:26,520 --> 00:03:30,279 Speaker 1: Maryland Democratic Senator Chris van Holland there speaking to ABC's 64 00:03:30,360 --> 00:03:33,600 Speaker 1: This Week. We go to Israel next, where hundreds of 65 00:03:33,639 --> 00:03:37,760 Speaker 1: thousands of protesters gathered around Hostage Square in Tel Aviv. 66 00:03:38,160 --> 00:03:41,720 Speaker 1: This comes as the IDF prepares for a major assault 67 00:03:41,760 --> 00:03:45,440 Speaker 1: on Gaza City. Bloomberg's Ethan Brawner says this is sparking 68 00:03:45,760 --> 00:03:47,560 Speaker 1: new humanitarian concerns. 69 00:03:47,920 --> 00:03:50,640 Speaker 6: People are living on the edge already in Gaza and 70 00:03:50,800 --> 00:03:55,400 Speaker 6: tense without proper water, enough food, medical attention, and to 71 00:03:55,480 --> 00:03:59,960 Speaker 6: move between five hundred thousand and a million people into 72 00:04:00,080 --> 00:04:03,520 Speaker 6: so called safe areas now in these coming weeks, in 73 00:04:03,560 --> 00:04:06,600 Speaker 6: the middle of this August heat is going to be 74 00:04:07,080 --> 00:04:09,400 Speaker 6: very difficult for many people yet. 75 00:04:09,240 --> 00:04:13,160 Speaker 1: That is Bloomberg's Ethan Bronner in Tel Aviv. For financial 76 00:04:13,200 --> 00:04:16,159 Speaker 1: markets this week, retail earnings will be front and center. 77 00:04:16,279 --> 00:04:18,880 Speaker 1: We have a preview from Bloomberg's Charlie Pellett. 78 00:04:18,680 --> 00:04:21,760 Speaker 7: Walmart, Home Depot, and Low's companies are set to post 79 00:04:21,800 --> 00:04:25,480 Speaker 7: improve sales, but retailers are bracing for growing fallout from 80 00:04:25,560 --> 00:04:29,760 Speaker 7: President Trump's tariffs. Marie Shore Is, senior equity research analyst 81 00:04:29,839 --> 00:04:31,120 Speaker 7: at Columbia Management. 82 00:04:31,279 --> 00:04:34,640 Speaker 8: A lot of the stocks of reacting negatively given a 83 00:04:34,720 --> 00:04:38,560 Speaker 8: weaker revenue outlook into the back half the year with 84 00:04:38,920 --> 00:04:44,360 Speaker 8: higher inflation and potentially weakening jobs, and also a greater 85 00:04:44,760 --> 00:04:47,280 Speaker 8: gross margin hit from tariffs. 86 00:04:47,320 --> 00:04:51,320 Speaker 7: Other retailers this week will include Target, TJX, and Ross Stores. 87 00:04:51,640 --> 00:04:54,520 Speaker 7: Among tech names, we'll hear from Palo Alto Networks and 88 00:04:54,839 --> 00:04:58,240 Speaker 7: Into It in New York, Charlie Pellett, Bloomberg Radio. 89 00:04:58,440 --> 00:05:02,479 Speaker 1: In sports, Scottish Scheffler is adding another victory to his resume. 90 00:05:02,600 --> 00:05:06,520 Speaker 1: Scheffler has won the BMW Championship from Caves Valley Golf 91 00:05:06,560 --> 00:05:10,960 Speaker 1: Club in Owings Mills, Maryland, finishing atop the leaderboard at 92 00:05:11,040 --> 00:05:14,200 Speaker 1: fifteen under par. And that is news when you want 93 00:05:14,200 --> 00:05:16,839 Speaker 1: it with Bloomberg News. Now, I'm Doug Chrisner and this 94 00:05:16,960 --> 00:05:17,600 Speaker 1: is Bloomberg