1 00:00:01,080 --> 00:00:03,600 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,640 --> 00:00:06,880 Speaker 1: Dan Schwartzman. The Israeli army has been focusing airstrikes on 3 00:00:06,920 --> 00:00:09,760 Speaker 1: southern Gaza as further ceasefire talks have been ruled out 4 00:00:09,960 --> 00:00:12,879 Speaker 1: by both sides, with Israel having recalled its negotiating team 5 00:00:12,920 --> 00:00:16,400 Speaker 1: from Cutter. The temporary truce, where Israeli hostages were traded 6 00:00:16,440 --> 00:00:19,640 Speaker 1: for Palestinian prisoners and humanitarian aid, came to an end 7 00:00:19,680 --> 00:00:23,000 Speaker 1: after seven days. Israel has blamed Hamas for the truce ending, 8 00:00:23,079 --> 00:00:25,640 Speaker 1: saying that they did not uphold their part of the agreement, 9 00:00:25,800 --> 00:00:28,280 Speaker 1: which included releasing all women and children who were on 10 00:00:28,320 --> 00:00:30,600 Speaker 1: a list that was given to an approved by Hamas. 11 00:00:30,960 --> 00:00:33,559 Speaker 1: A senior Hamas official says there will be no more 12 00:00:33,560 --> 00:00:37,240 Speaker 1: hostage exchanges till after the war ends. Meanwhile, Vice President 13 00:00:37,360 --> 00:00:40,640 Speaker 1: Kamala Harris says too many Palaestaindian civilians have died, while 14 00:00:40,640 --> 00:00:44,000 Speaker 1: also calling images of the suffering in Gaza quote devastating. 15 00:00:44,400 --> 00:00:47,520 Speaker 1: Government data being released on Friday is projected to show 16 00:00:47,680 --> 00:00:50,480 Speaker 1: that payrolls increased by one hundred and eighty thousand after 17 00:00:50,520 --> 00:00:53,479 Speaker 1: gaining one hundred and fifty thousand in October. The pickup 18 00:00:53,560 --> 00:00:56,280 Speaker 1: and payrolls is attributed to the return of striking United 19 00:00:56,360 --> 00:00:59,720 Speaker 1: Auto Workers back to assembly lines. The uaw led walkouts 20 00:00:59,720 --> 00:01:03,160 Speaker 1: effect to the Big three Detroit Automakers, Ford General Motors 21 00:01:03,200 --> 00:01:06,680 Speaker 1: in stillantes another data, the unemployment rate is expected to 22 00:01:06,680 --> 00:01:09,160 Speaker 1: hold at three point nine percent, while the average hourly 23 00:01:09,200 --> 00:01:11,840 Speaker 1: earnings increase by four percent from a year ago, the 24 00:01:11,880 --> 00:01:15,959 Speaker 1: smallest annual advanced since mid twenty twenty one. Amtrak wants 25 00:01:16,000 --> 00:01:19,480 Speaker 1: to bring its ridership back to twenty nineteen, pre pandemic levels, 26 00:01:19,720 --> 00:01:21,560 Speaker 1: the story from Bloomberg's Charlie Pellett. 27 00:01:21,800 --> 00:01:25,080 Speaker 2: After a sluggish rebound from the pandemic, the rail company's 28 00:01:25,080 --> 00:01:28,279 Speaker 2: top executives are setting a goal this year of drawing 29 00:01:28,319 --> 00:01:30,840 Speaker 2: in about thirty two point eight million riders to the 30 00:01:30,920 --> 00:01:34,160 Speaker 2: rail network. That is roughly three hundred thousand more trips 31 00:01:34,400 --> 00:01:37,720 Speaker 2: than the record set back in twenty nineteen and almost 32 00:01:37,800 --> 00:01:41,040 Speaker 2: triple the twelve point two million riders that use the 33 00:01:41,120 --> 00:01:44,720 Speaker 2: network during twenty twenty one. The rail system's leaders hope 34 00:01:44,760 --> 00:01:47,440 Speaker 2: to keep on track for the goal of doubling ridership 35 00:01:47,480 --> 00:01:50,680 Speaker 2: by twenty forty. Charlie Pellett, Bloomberg Radio. 36 00:01:51,000 --> 00:01:54,160 Speaker 1: Thanks Charlie, the world's most indebted developer faces a Hong 37 00:01:54,240 --> 00:01:57,160 Speaker 1: Kong court hearing on Monday over a creditor's request to 38 00:01:57,200 --> 00:02:00,560 Speaker 1: liquidate the company China. Evergrand must convince the judge that 39 00:02:00,600 --> 00:02:03,320 Speaker 1: it has a concrete restructuring plan, and if it doesn't, 40 00:02:03,360 --> 00:02:06,440 Speaker 1: it's likely facing a winding up order. Evergrand, which has 41 00:02:06,520 --> 00:02:09,480 Speaker 1: liabilities of about three hundred and twenty seven billion dollars, 42 00:02:09,680 --> 00:02:12,920 Speaker 1: defaulted back in December of twenty twenty one. A remaining 43 00:02:13,000 --> 00:02:16,160 Speaker 1: question is whether a liquidation decision by Hong Kong judge 44 00:02:16,240 --> 00:02:19,600 Speaker 1: would be acknowledging carried out in mainland China. While speaking 45 00:02:19,639 --> 00:02:22,679 Speaker 1: at the Reagan National Defense Forum in Semi Valley, California, 46 00:02:22,800 --> 00:02:26,320 Speaker 1: Commerce Secretary Gina Raimondo says that her department's Bureau of 47 00:02:26,320 --> 00:02:29,120 Speaker 1: Industry and Security needs more money to stop China from 48 00:02:29,200 --> 00:02:32,160 Speaker 1: catching up to the US on cutting edge semiconductor technology. 49 00:02:32,520 --> 00:02:35,160 Speaker 1: The secretary says that currently her budget is two hundred 50 00:02:35,160 --> 00:02:38,160 Speaker 1: million dollars, which is not enough to deny China the tech. 51 00:02:38,480 --> 00:02:41,240 Speaker 1: The Commerce Department has been placing new export controls on 52 00:02:41,320 --> 00:02:45,840 Speaker 1: semiconductors since October of twenty twenty two. Meanwhile, the NBA's 53 00:02:45,919 --> 00:02:49,040 Speaker 1: moved to copy European tournaments is bringing in viewers. More 54 00:02:49,040 --> 00:02:50,640 Speaker 1: from Bloomberg's Denise Pellegrini. 55 00:02:51,000 --> 00:02:54,040 Speaker 3: This year's new in season tournament is modeled after cup 56 00:02:54,080 --> 00:02:58,320 Speaker 3: competitions in European Football AKA soccer, and early indications are 57 00:02:58,360 --> 00:03:01,760 Speaker 3: the NBA is scoring with the move. The tournament's Tuesday 58 00:03:01,840 --> 00:03:04,280 Speaker 3: night games on TNT well, they averaged one and a 59 00:03:04,320 --> 00:03:07,080 Speaker 3: half million viewers during the group stage. That is up 60 00:03:07,160 --> 00:03:10,520 Speaker 3: sixteen percent from a year ago, and ESPN says it's 61 00:03:10,639 --> 00:03:13,640 Speaker 3: new Friday night games also averaged one and a half 62 00:03:13,680 --> 00:03:17,440 Speaker 3: million views, and William Moule, media consultant at Octagon, says 63 00:03:17,440 --> 00:03:19,560 Speaker 3: the question now is whether the excitement takes some of 64 00:03:19,600 --> 00:03:22,280 Speaker 3: the shine off the remainder of the regular season or 65 00:03:22,360 --> 00:03:24,720 Speaker 3: adds to it. The tournament is part of an effort 66 00:03:24,760 --> 00:03:27,160 Speaker 3: by the NBA to shore up its appeal ahead of 67 00:03:27,200 --> 00:03:29,960 Speaker 3: the next round of national TV deals, and the new 68 00:03:30,000 --> 00:03:33,600 Speaker 3: in season tournament will culminate in a Las Vegas championship 69 00:03:33,760 --> 00:03:37,720 Speaker 3: on December ninth. Denise pellgreny Bloomberg Radio Thanks Denise. 70 00:03:37,840 --> 00:03:39,560 Speaker 1: Uber has been added to the S and P five 71 00:03:39,640 --> 00:03:43,080 Speaker 1: hundred index after reporting two straight quarters of operating profits 72 00:03:43,280 --> 00:03:45,560 Speaker 1: that fueled a big rally in the ride sharing company 73 00:03:45,560 --> 00:03:48,200 Speaker 1: this year. Shares of Uber were up seven point three 74 00:03:48,240 --> 00:03:50,840 Speaker 1: percent in after hours trading and has gained one hundred 75 00:03:50,840 --> 00:03:53,520 Speaker 1: and thirty two percent just this year. The company will 76 00:03:53,520 --> 00:03:56,240 Speaker 1: officially join the index prior to the market opening on 77 00:03:56,280 --> 00:03:59,400 Speaker 1: December eighteenth. That's news when you want it with Bloomberg 78 00:03:59,440 --> 00:04:02,640 Speaker 1: News Now. I'm Dan Schwartzman, and this is Bloombergs