Speaker 1: Bloomberg Audio Studios, Podcasts, radio news. Good morning, I'm Nathan
Speaker 1: Hager and I'm Karen Moscow. Here are the stories we're
Speaker 1: following today.
Speaker 2: We begin with demonstrations on college campuses across the country
Speaker 2: tied to the Israel Hamas conflict in Gaza. More than
Speaker 2: one hundred students were arrested last week for trespassing at
Speaker 2: a pro Palestinian rally at Columbia University. Now similar protests
Speaker 2: are cropping up at other elite institutions. Early yesterday, police
Speaker 2: at Yale arrested sixty people, including forty seven students. Protesters
Speaker 2: established an encampment as well at a central building on
Speaker 2: the campus of MIT. Some of these demonstrations have featured
Speaker 2: anti Semitic and intimidating chants and posters. President Biden responded
Speaker 2: yesterday as he left an Earth Day event in Virginia.
Speaker 3: I condemn that a protests.
Speaker 4: That's why I've set up I programmed to do with that.
Speaker 5: I also condemned those who don't understand what's going on
Speaker 5: with the Palestinians ya pisident.
Speaker 2: Biden is expressing concerns about anti Semitic violence during this
Speaker 2: week's Passover holiday. The protesters say their goal is to
Speaker 2: draw attention to the humanitarian concerns in.
Speaker 4: Gaza, Well Nathan.
Speaker 1: The protests have drawn condemnation from not only the White House,
Speaker 1: but billionaire university donors are speaking out as well. New
Speaker 1: England Patriots owner Robert Kraft is pulling his support for
Speaker 1: Columbia University over the treatment of Jewish students and faculty
Speaker 1: during the protests. He tells Fox News, this is unacceptable.
Speaker 6: I just can't believe in New York City, at Columbia University,
Speaker 6: Jewish students are afraid to go to classes. It's just
Speaker 6: in the United States of America in twenty twenty four.
Speaker 4: It's amazing to me.
Speaker 1: And the horrible and the announcement from Bob Kraft, a
Speaker 1: former Columbia student and major donor, adds to pressure on
Speaker 1: the university, whose president is facing calls by members of
Speaker 1: Congress to resign. Billionaire Leon Cooperman is also weighing his
Speaker 1: support for Columbia, calling the protesters quote crazy and saying
Speaker 1: they need to be controlled and Karen.
Speaker 2: These protests come as Israel returns its focus to the
Speaker 2: city of Rafa. Israel wants to eliminate what it says
Speaker 2: is the last remaining Hamas stronghold in Gaza. A potential
Speaker 2: invasion of that Egyptian border city is reviving international concerns
Speaker 2: about the fate of about a million civilians sheltering there.
Speaker 2: The US has strongly urged Israel not to invade the
Speaker 2: densely populated city.
Speaker 1: Meanwhile, Nathan the US Secretary of State, is denying a
Speaker 1: human rights double standard for Israel. Anthony Blenkin told reporters
Speaker 1: in Washington yesterday that the US is examining allegations of
Speaker 1: human rights and international law violations in Gaza by both
Speaker 1: Israel and Tomas.
Speaker 7: We are looking into reports incidents that are brought to
Speaker 7: our attention, and we have a process to do that,
Speaker 7: particularly if there are questions about whether US arms have
Speaker 7: been involved.
Speaker 1: And Secretary of State Anthony Lincoln's comments follow the State
Speaker 1: Department's release of its twenty twenty three country reports on
Speaker 1: human rights practices.
Speaker 4: And turning the focus to China.
Speaker 2: Now, Karen Apple's iPhone sales in the country have seen
Speaker 2: their worst performance since twenty twenty. That's according to data
Speaker 2: from the independent research firm Counterpoint. It says sales in
Speaker 2: China fell nineteen percent in the first quarter. In contrast,
Speaker 2: Huawei saw its sales climb by almost seventy percent over
Speaker 2: the same period. Bloomberg's edwin Chan has more details from
Speaker 2: Hong Kong.
Speaker 8: This is the first kind of real snapshot of what's
Speaker 8: happening in China. What it is is Apple's popularity has
Speaker 8: been steadily declining, I think around the time, but certainly
Speaker 8: not just off the Huawei released it's now infamous sixtiespotful
Speaker 8: into one fifty advanced made in China Chip. I think
Speaker 8: what that was was kind of a wake up call
Speaker 8: to many of humus within the country that local brands
Speaker 8: can all perform.
Speaker 2: And Blueberg's edwin Chen notes China remains one of Apple's
Speaker 2: biggest markets, but sales there have struggled after Beijing escalated
Speaker 2: a ban on foreign devices in state backed firms and
Speaker 2: government agencies.
Speaker 1: Well Nathan focusing on politics in the US, it's a
Speaker 1: Senate's turn to vote on four and eight on Capitol Hill,
Speaker 1: and Bloomberg's Amy Morris has a preview from Washington.
Speaker 9: Senators had planned to spend this week taking part in
Speaker 9: congressional delegations around the world or meeting with constituents back
Speaker 9: in their home states. Instead, They're back on Capitol Hill
Speaker 9: for the first votes on a ninety five billion dollar
Speaker 9: four and aid package. They'll start with a key test
Speaker 9: vote cloture to limit debate before a final vote to
Speaker 9: pass the bill. Now, this bill includes nearly sixty one
Speaker 9: billion dollars in eight for Ukraine, more than twenty six
Speaker 9: billion dollars for Israel, and more than eight billion dollars
Speaker 9: for the Indo Pacific. It also includes measures to seize
Speaker 9: Russian assets, require TikTok's Chinese owner to divest the app,
Speaker 9: and impose sanctions on Iran. The votes are set to
Speaker 9: take place this afternoon in Washington. Amy Moore as Bloomberg Radio.
Speaker 2: All right, Amy, thank you. Speaking of TikTok, the company's
Speaker 2: gearing up to fight any US ban or order to divest.
Speaker 2: Bloomberg's Ed Baxter has that part of the story.
Speaker 10: TikTok says it will move to the courts for a
Speaker 10: legal challenge. It sets up a water shed battle that
Speaker 10: could set a path for Chinese business in the US.
Speaker 10: Four years ago, when the Trump administration threatened the ban,
Speaker 10: Byte Dance worked out a preliminary deal to sell it
Speaker 10: will not happen this time. Its sizzling growth makes it
Speaker 10: hard to part ways China's moves on Huawei and is
Speaker 10: afraid it won't end with TikTok. It feels it may
Speaker 10: be able to leverage support from users up to one
Speaker 10: hundred and seventy million now ed Baxter, Bloomberg Radio.
Speaker 1: All right, and thanks so. Paulitaics are also front and
Speaker 1: center in Manhattan, with more testimony on the way in
Speaker 1: a hush money trial of former President Trump and Bloomberg's doing.
Speaker 1: Grosso has a preview.
Speaker 3: Before testimony resumes this morning, Judge Wan Mrshawn will hold
Speaker 3: a hearing on the prosecution's request to hold the former
Speaker 3: president in contempt of court over social media posts that
Speaker 3: prosecutors contend violated a gag order prohibiting Trump from attacking
Speaker 3: key witnesses in the case. Then David Pecker, the former
Speaker 3: publisher of The National Inquirer, will retake the witness stand
Speaker 3: in New York. June Grosso Bloomberg Radio.
Speaker 4: Okay, June. Thanks.
Speaker 2: Now, we turn to the key earnings report due out
Speaker 2: after the closing bell. Tesla reports its quarterly results this afternoon,
Speaker 2: and Bloomberg's Doug Krisner says this report will be crucial
Speaker 2: for the electric vehicle giant.
Speaker 5: So far this year, Tesla stock is down nearly forty
Speaker 5: three percent. Sales have been slumping, inventories are high, there
Speaker 5: have been confusing product decisions, and let's not forget those
Speaker 5: price cuts in China. After the bell, Tesla is expected
Speaker 5: to report a forty percent plunge in operating profit. Revenue
Speaker 5: is expected to show its first decline in four years,
Speaker 5: and gross profit margin is expected to be the lowest
Speaker 5: in more than six years. Analyst Dan Ives of Webbush
Speaker 5: calls it a moment of truth for Tesla. Ives recently
Speaker 5: said the conference call and commentary will likely have a
Speaker 5: huge impact in New York. I'm Doug Prisner, Bloomberg Radio.
Speaker 1: All Right, Doug, thank you, and taking a look at
Speaker 1: the earnings calendar today. We'll also hear from Consumer Bell, weathers, PepsiCo,
Speaker 1: and Ups. Tech giants Meta, Microsoft, and Alphabet report Wednesday
Speaker 1: and Thursday. This week. We'll also hear from exun Mobile
Speaker 1: and Chevron Friday. About one hundred and eighty companies report
Speaker 1: this week, representing over forty percent of the S and
Speaker 1: P market value. And it's time now for a look
Speaker 1: at some of the other stories making news in New
Speaker 1: York and around the world, and for that we're joined
Speaker 1: by Bloomberg's Michael Barr Michael, good Morning, Good.
Speaker 11: Morning, Karen. Columbia University went to remote learning, and police
Speaker 11: arrested dozens of students at Yale and New York University
Speaker 11: as tensions over Israel's war with Moss continued to grow
Speaker 11: on US college campuses.
Speaker 7: You have been warned by New York University to leave
Speaker 7: the area.
Speaker 11: The moves at the Ivy League schools came hours before
Speaker 11: last evening start of the Jewish holiday of Passover. New
Speaker 11: York Governor Cathy Hockel says she met with the president
Speaker 11: of Columbia University and NYPD officials to discuss public safety
Speaker 11: initiatives as student protests continue on the New York City campus,
Speaker 11: and a message posted to social media, Governor Hockle said
Speaker 11: protests have reached a point where students are afraid to
Speaker 11: walk on campus.
Speaker 4: People need to find their humanity.
Speaker 3: Have the conversations, talked to each other, understand different points
Speaker 3: of view, because that's what college students should be doing.
Speaker 11: N MYPD Deputy Commissioner or Operations, Caz Dauntry.
Speaker 12: We haven't received any reports of any physical harm against
Speaker 12: any student. However, if there's any student Jewish or whoever
Speaker 12: that's been assaulted or wants to make a police fort
Speaker 12: or wants to talk to the police, we encourage them
Speaker 12: to Court nine.
Speaker 11: We work I knew Haven, Connecticut police spokesperson who said
Speaker 11: about forty five protesters were arrested at Yale yesterday in
Speaker 11: charged with misdemeanor trespassing. President Biden is heading to Tampa today,
Speaker 11: where he is set to talk about reproductive freedom. The
Speaker 11: President is expected to address Florida six week abortion ban
Speaker 11: that goes into effect May first. Meanwhile, Vice President Harris
Speaker 11: spoke at an event in Lacrosse, Wisconsin for reproductive Freedoms.
Speaker 4: More and more people will openly agree that one does.
Speaker 7: Not have to abandon their faith or deeply held beliefs
Speaker 7: to agree the government should not be telling her what
Speaker 7: to do with her.
Speaker 11: By without mentioning Donald Trump by name, Vice President Harris
Speaker 11: said he appointed Supreme Court justices with the intent of
Speaker 11: overturning Roe v.
Speaker 4: Wade.
Speaker 11: Finally, it looks like that two point seven billion dollar
Speaker 11: renovation paid off at Newark Airport's terminal A. Skytrak named
Speaker 11: it the world's best new airport terminal, glob News twenty
Speaker 11: four hours a day and whenever you want it with
Speaker 11: the Bloomberg News. Now, I'm Michael Barr, and this is
Speaker 11: Bloomberg Karen.
Speaker 1: Sorry, Michael Barr, thank you, and it's time now for
Speaker 1: the Bloomberg Spores Update with John Stashower.
Speaker 4: John, Good morning, Good morning, Carreen.
Speaker 13: Rememberable night at the garden when it was over Knicks
Speaker 13: fans didn't want to leave Game two with Philadelphia Knicks
Speaker 13: trailed at the half, but led by eight in the
Speaker 13: fourth quarter, and then trailed by six with a half
Speaker 13: minute remaining, they were down by five.
Speaker 4: It was time for an unforgettable sequence.
Speaker 13: Stavid Chenz over to the corner, bruntson with six pulls
Speaker 13: for three off the rim and come the bounce, two
Speaker 13: point game still loose.
Speaker 6: I don't hear a whistle.
Speaker 4: Heart took it away to David Chenz over for three,
Speaker 4: missed it.
Speaker 13: Hart and Stein graps the offensive rebound and the Knicks
Speaker 13: another shot. Stevid Chenz over three of the lead, thirteen
Speaker 13: seconds to go. If be on the call, Nicks one
Speaker 13: one oh four one on one brunts and hit that three,
Speaker 13: but shot eight of twenty nine after going eight of
Speaker 13: twenty six in Game one. Even with his struggles, Knicks
Speaker 13: are up to nothing heading to Philly for Game three Thursday.
Speaker 4: Home teams are eleven to zero.
Speaker 13: When the NBA Playoffs, Cleveland Bea Orlando, Denver came from
Speaker 13: twenty down in the second half beat the Lakers on
Speaker 13: a Jamal Murray shot at the buzzer. Heartbreak for the
Speaker 13: Islanders in Raley, they had a three nothing lead with
Speaker 13: seven minutes left in the second period. The Hurricanes tied
Speaker 13: the game with two fifteen remainting that scored again nine
Speaker 13: seconds later.
Speaker 4: They won five to three.
Speaker 13: Lead the series two nothing Toronto, and on Austin Matthews
Speaker 13: goal won three two at Boston to tie the series.
Speaker 13: That won the hat trick for Zach Hyman in Edmonton
Speaker 13: series opening seven to four win over La Vegas.
Speaker 4: Took the opener in Dallas four to three.
Speaker 13: The Yankees sleepwalk through a Monday matt and a two
Speaker 13: nothing lost at the Stadium to the lowly Oakland A's.
Speaker 13: They had only three hits. The Mets had four hits.
Speaker 13: Lost in San Francisco five to two. The Jets found
Speaker 13: a team to take Zach Wilson. He's going to Denver
Speaker 13: with a seventh round pick. Jets get a sixth rounder.
Speaker 13: In the twenty twenty one draft, five quarterbacks were taken
Speaker 13: to the first fifth team picks. Just three years later,
Speaker 13: for them no longer with the team they were drafted
Speaker 13: by John Stashewer Bloomberg Sports Jar.
Speaker 1: Nathan all Right, John, thank you.
Speaker 11: Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
Speaker 11: and around the.
Speaker 10: World on Bloomberg dot Com and the Bloomberg Business app.
Speaker 4: This is Bloomberg Daybreak. Good morning, I'm Nathan Hager.
Speaker 2: Some of the country's most elite college campuses are once
Speaker 2: again a flashpoint in the debate over the Israel Hamas War.
Speaker 2: But that debate has now turned into a crackdown, with
Speaker 2: police arresting dozens, if not hundreds, of pro Palestinian demonstrators,
Speaker 2: including students at Columbia, Yale and NYU, since last week.
Speaker 2: For more, we are joined by Julie Norman, the professor
Speaker 2: of Politics and International Relations at University College London. Julie,
Speaker 2: it's good to speak with you once again.
Speaker 4: Good morning.
Speaker 2: I'd really be curious to get your perspective as an
Speaker 2: academic yourself on these protests happening in the IVY leagues,
Speaker 2: and the response that we're seeing from campus administration years
Speaker 2: and police in many cases.
Speaker 14: Yeah, well, thanks and good morning, Nathan. I think what
Speaker 14: we're seeing play out obviously just underscores the deep passions
Speaker 14: the emotions that have surrounded this conflict for years and
Speaker 14: often come out on college campuses and in other public
Speaker 14: places as well. This is something it's a conflict that
Speaker 14: is political and seems very far away in many places,
Speaker 14: but also is very personal and very personal for many
Speaker 14: students on campuses. I think it's particularly tricky because we
Speaker 14: see campus administrators trying to balance between ensuring that the
Speaker 14: campus feels safe for students, that students don't feel harassed
Speaker 14: or discriminated against, while also at the same time trying
Speaker 14: to protect free speech rights and the rights to protest
Speaker 14: and demonstrate. And we see those two duties and obligations
Speaker 14: essentially coming into conflict this week at these campuses.
Speaker 2: Yeah, it's a balance that we've seen these campuses really
Speaker 2: struggle with since the early days of the war in Gaza,
Speaker 2: when we saw the testimony on Capitol Hill from the
Speaker 2: now former president of Harvard and m I T and
Speaker 2: pen As.
Speaker 4: Well, and how that was received.
Speaker 2: Is there a risk that the response that we're seeing
Speaker 2: now might have the pendulum swinging too far the other way?
Speaker 14: Well, I think that's certainly the way it's being perceived
Speaker 14: by many, that this attempt to crack down on many
Speaker 14: see work blatant disregard for student safety is maybe going,
Speaker 14: as you said, too far in terms of trying to
Speaker 14: crack down with police presence, with arrests, with suspensions, even
Speaker 14: for students who you know, were simply engaged in peaceful protests.
Speaker 14: And I would say it's again challenging for administrators in
Speaker 14: protest situations when there are some in the protest mics
Speaker 14: who are you saying, very saying messages that would not
Speaker 14: be allowed on campus, even if the majority of those
Speaker 14: are not, And how do you police that?
Speaker 4: How do you deal with that?
Speaker 14: They resorted to this method of simply trying to clear
Speaker 14: the encampments, and as we've seen, that I think has
Speaker 14: just increased the blowback and if anything, has just galvanized
Speaker 14: the encampment movement on these campuses and on other campuses
Speaker 14: as well.
Speaker 2: And it's a blowback that the President Biden has had
Speaker 2: to confront as well. He was talking about it yesterday
Speaker 2: in Virginia, saying he condemns the protest as anti Semitic,
Speaker 2: saying that a lot of the students don't understand the
Speaker 2: situation when it comes to the Palestinians. I wonder what
Speaker 2: you make of the President's response in our last minute.
Speaker 14: Yeah, so you know, Biden has weighed in on this.
Speaker 14: He's condemned the anti semitism. It's obviously becoming an increasingly
Speaker 14: difficult path for him to walk in terms of campaigning
Speaker 14: either on or near college campuses without having these calls
Speaker 14: against his positions on Gaza. So I think he feels
Speaker 14: this very directly. In terms of the protests themselves, again,
Speaker 14: there's a lot of different messages in them. Some, I
Speaker 14: would say, you know, the President do see very blatant
Speaker 14: anti semitism. I think many involved in them think they
Speaker 14: are just being critical of Israel. But I think the
Speaker 14: President is right that there's a lot of different different
Speaker 14: levels of knowledge and different levels of engagement with the
Speaker 14: conflict from those who are at protesting, and that makes
Speaker 14: any kind of response to them very difficult.
Speaker 2: This is Bloomberg day Break Today, your morning brief on
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