1 00:00:01,080 --> 00:00:03,040 Speaker 1: It was when you want it with Bloomberg News. Now, 2 00:00:03,080 --> 00:00:06,520 Speaker 1: I'm Doug Prisner. Israel is bracing for a possible attack 3 00:00:06,559 --> 00:00:10,200 Speaker 1: from Iran as well as regional militias. This would be 4 00:00:10,240 --> 00:00:15,280 Speaker 1: in retaliation for assassinations of Hezbollah and Hamas officials. Now 5 00:00:15,320 --> 00:00:18,959 Speaker 1: the US has sent defensive military reinforcements while at the 6 00:00:19,000 --> 00:00:24,280 Speaker 1: same time pressing for Agaza ceasefire. Here is Bloomberg's Michael Heath. 7 00:00:24,680 --> 00:00:27,680 Speaker 2: There's another report out just saying that the US has 8 00:00:27,720 --> 00:00:31,160 Speaker 2: said that Hesbola could attack Israel within twenty four hours. 9 00:00:31,160 --> 00:00:34,760 Speaker 2: Hesblas obviously based in Lebanon. That was during a conference 10 00:00:34,800 --> 00:00:37,760 Speaker 2: call with the US allies, and again it was trying 11 00:00:37,800 --> 00:00:41,720 Speaker 2: to put some diplomatic pressure on Lebanon on Hesbela to 12 00:00:41,760 --> 00:00:45,120 Speaker 2: minimize their retaliation, to keep it below that threshold where 13 00:00:45,120 --> 00:00:46,560 Speaker 2: this sort of escalates. 14 00:00:46,880 --> 00:00:50,559 Speaker 1: That's Bloomberg's Michael Heath. The US, the UK, Canada, and 15 00:00:50,720 --> 00:00:54,240 Speaker 1: other countries are now urging their citizens to leave Barut. 16 00:00:54,560 --> 00:00:57,600 Speaker 1: France has also told its citizens to get out of Iran. 17 00:00:57,840 --> 00:01:01,440 Speaker 1: Vice President Kamala Harris is reportedly in the final stretch 18 00:01:01,560 --> 00:01:04,160 Speaker 1: of choosing her running mate. We have more from Bloomberg's 19 00:01:04,280 --> 00:01:05,760 Speaker 1: Ed Baxter Three people. 20 00:01:05,480 --> 00:01:07,480 Speaker 3: On her short list met with her over the weekend. 21 00:01:07,520 --> 00:01:11,640 Speaker 3: Arizona Senator Mark Kelly, Pennsylvania Governor Josh Shapiro and Minnesota 22 00:01:11,640 --> 00:01:17,119 Speaker 3: Governor Tim Walls. Kentucky Governor Andy Basher, Transportation Secretary Pete Budachic, 23 00:01:17,480 --> 00:01:21,400 Speaker 3: and Illinois Governor J. B. Pritzker also are names that 24 00:01:21,440 --> 00:01:24,639 Speaker 3: are still being floated now. The Democratic Party is planning 25 00:01:24,680 --> 00:01:29,360 Speaker 3: the virtually nominated ticket by August seventh, and Harris has 26 00:01:29,400 --> 00:01:31,560 Speaker 3: said that she plans to at the campaign trail with 27 00:01:31,640 --> 00:01:35,040 Speaker 3: her running mate tomorrow ed Baxter Bloomberg. 28 00:01:35,120 --> 00:01:40,080 Speaker 1: Radio Venezuelan opposition leader Maria Corina Machado emerged from hiding 29 00:01:40,120 --> 00:01:42,959 Speaker 1: on Saturday to lead it a rally in Caracas. She 30 00:01:43,080 --> 00:01:46,200 Speaker 1: did so in defiance of the government's threat to imprison her. 31 00:01:46,640 --> 00:01:50,000 Speaker 1: Opposition leaders think the July twenty eighth election was a 32 00:01:50,120 --> 00:01:54,520 Speaker 1: theft by President Nicholas Maduro. On Friday, Maduro alleged the 33 00:01:54,560 --> 00:01:57,880 Speaker 1: opposition was planning an attack with grenades less than two 34 00:01:57,880 --> 00:02:02,400 Speaker 1: miles away from the planned protest site. Machado's standing candidate 35 00:02:02,560 --> 00:02:06,920 Speaker 1: is ed Mundo Gonzalez. Detailed election results provided by the 36 00:02:06,960 --> 00:02:10,440 Speaker 1: opposition show he took nearly seventy percent of the vote, 37 00:02:10,560 --> 00:02:14,680 Speaker 1: nearly twice Maduro share. US Secretary of State Antony Blinkin 38 00:02:14,800 --> 00:02:18,600 Speaker 1: earlier recognized Gonzales as the winner. We're seeing a sell 39 00:02:18,680 --> 00:02:21,320 Speaker 1: off in equities across the Asia Pacific. 40 00:02:21,639 --> 00:02:21,880 Speaker 2: Now. 41 00:02:21,960 --> 00:02:24,720 Speaker 1: A portion of this selling is tied to a very 42 00:02:24,760 --> 00:02:28,000 Speaker 1: weak jobs report in the US and concern about a 43 00:02:28,080 --> 00:02:31,600 Speaker 1: hard landing. We have the Japanese yen rallying at this 44 00:02:31,680 --> 00:02:34,200 Speaker 1: hour against the dollar. Much of this has to do 45 00:02:34,280 --> 00:02:38,600 Speaker 1: with the yen carry trade being unwound aggressively, and as 46 00:02:38,639 --> 00:02:41,640 Speaker 1: a result of the end strength, Japanese equities are plunging 47 00:02:41,800 --> 00:02:44,880 Speaker 1: for a third day. The Nike is down by more 48 00:02:44,880 --> 00:02:48,799 Speaker 1: than six percent. Details in a moment, Berkshire Hathaway has 49 00:02:48,840 --> 00:02:52,000 Speaker 1: slashed its stake in Apple by nearly half. This is 50 00:02:52,040 --> 00:02:54,800 Speaker 1: part of a massive second quarter selling spree. We have 51 00:02:54,919 --> 00:02:56,720 Speaker 1: more from Bloomberg's Denise Pellegrini. 52 00:02:57,040 --> 00:03:00,480 Speaker 4: Berkshire sold seventy five and a half billion dollars worth 53 00:03:00,480 --> 00:03:03,200 Speaker 4: of stock on a net basis in the period. That 54 00:03:03,320 --> 00:03:06,280 Speaker 4: is way more than somewhere expecting, and that sent the 55 00:03:06,280 --> 00:03:09,680 Speaker 4: cash pile at billionaire Warren Buffett's conglomerate to a record 56 00:03:09,760 --> 00:03:14,119 Speaker 4: two hundred seventy six point nine billion dollars. Meantime, Berkshire 57 00:03:14,120 --> 00:03:17,040 Speaker 4: did repurchase about three hundred and forty five million dollars 58 00:03:17,040 --> 00:03:19,800 Speaker 4: of its own shares during the quarter, but that's the 59 00:03:19,880 --> 00:03:23,320 Speaker 4: least since the company changed its buyback policy in twenty eighteen. 60 00:03:23,639 --> 00:03:27,000 Speaker 4: Operating earnings at Berkshire rose to eleven point six billion 61 00:03:27,040 --> 00:03:29,799 Speaker 4: dollars in the quarter, up from ten billion dollars from 62 00:03:29,800 --> 00:03:33,079 Speaker 4: the same period a year ago. Denise Pellgrity, Bloomberg Radio. 63 00:03:33,000 --> 00:03:35,920 Speaker 1: TikTok, and its Chinese parent byte Dance are now facing 64 00:03:36,000 --> 00:03:38,400 Speaker 1: more legal trouble in the US. We have more from 65 00:03:38,400 --> 00:03:39,880 Speaker 1: Bloomberg's Nancy Lyons. 66 00:03:39,920 --> 00:03:43,360 Speaker 5: In Washington, TikTok is being sued by the US for 67 00:03:43,440 --> 00:03:47,120 Speaker 5: allegedly collecting data on children in violation of an online 68 00:03:47,160 --> 00:03:50,520 Speaker 5: Privacy Act. The Justice Department says the app that's owned 69 00:03:50,520 --> 00:03:53,600 Speaker 5: by the Chinese company by Dance, has allowed millions of 70 00:03:53,720 --> 00:03:56,680 Speaker 5: children under the age of thirteen to create accounts without 71 00:03:56,720 --> 00:04:00,160 Speaker 5: their parents' knowledge or consent, and official state TikTok made 72 00:04:00,200 --> 00:04:02,960 Speaker 5: it hard for parents to request deletion of a child's account. 73 00:04:03,240 --> 00:04:06,280 Speaker 5: TikTok says many of the claims are inaccurate or have 74 00:04:06,360 --> 00:04:09,800 Speaker 5: been addressed. In Washington, Nancy Lyons Bloomberg Radio. 75 00:04:10,080 --> 00:04:13,240 Speaker 1: In the Paris game, Scottis Shchffler delivered his best performance 76 00:04:13,280 --> 00:04:16,080 Speaker 1: of the year. He rallied from four shots behind on 77 00:04:16,160 --> 00:04:19,560 Speaker 1: Sunday with a nine under par sixty two to win 78 00:04:19,600 --> 00:04:22,719 Speaker 1: the Olympic gold medal in men's golf in a thriller. 79 00:04:23,120 --> 00:04:26,160 Speaker 1: Scheffler is already a six time winner on the PGA 80 00:04:26,279 --> 00:04:30,400 Speaker 1: Tour this year, including his second Master's title, and in tennis, 81 00:04:30,480 --> 00:04:33,920 Speaker 1: Novak Djokovic won his first Olympic gold medal by beating 82 00:04:34,160 --> 00:04:38,000 Speaker 1: Carlos Alcarez in the men's tennis final. The medal count 83 00:04:38,000 --> 00:04:41,560 Speaker 1: as it stands the US seventy one, China forty five, 84 00:04:41,800 --> 00:04:45,480 Speaker 1: France forty four, and in terms of gold the US 85 00:04:45,680 --> 00:04:48,680 Speaker 1: and China e f nineteen. That is news when you 86 00:04:48,720 --> 00:04:51,240 Speaker 1: want it with Bloomberg News. Now, I'm Doug Chrisner and 87 00:04:51,320 --> 00:04:52,080 Speaker 1: this is Bloomberg