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Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.

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Speaker 2: Good morning.

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Speaker 3: I'm Nathan Hager and I'm Karen Moscow. Here are the

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Speaker 3: stories we're following today.

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Speaker 2: Karen, we begin with a day of mourning and political

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Speaker 2: energy for Charlie Kirk.

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Speaker 4: You will live in.

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Speaker 2: Tens of thousands of supporters packed State Farm Stadium in Glendale, Arizona,

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Speaker 2: to honor the murdered conservative activist and founder of Turning

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Speaker 2: Point USA. Charlie Kirk's wife, Erica says she will work

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Speaker 2: to create thousands more Turning Point chapters on college campuses

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Speaker 2: in her husband's memory. And she said this of his

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Speaker 2: accused killer, that man.

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Speaker 4: That young man, I forgive him.

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Speaker 2: Along with Erica Kirk, many of President Trump's cabinet members

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Speaker 2: paid tribute to Charlie Kirk. At the more than five

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Speaker 2: hour service, President Trump delivered the closing eulogy. He said

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Speaker 2: he had one difference with Charlie Kirk. He did not

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Speaker 2: hate his opponents.

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Speaker 5: He wanted.

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Speaker 4: The best for them.

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Speaker 6: That's where I disagreed with Charlie.

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Speaker 7: I hate my opponent and I don't want the best

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Speaker 7: for them.

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Speaker 6: I'm sorry, I am sorry, Erica.

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Speaker 2: President Trump called Charlie Kirk a martyr and said his

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Speaker 2: murder was not just an attack on one man or one movement,

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Speaker 2: but on the entire nation.

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Speaker 3: Well Nathan, their new rules in effect for those seeking

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Speaker 3: high skilled US visas. On Friday, the Trump administration imposed

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Speaker 3: a new one hundred thousand dollars application fee for the

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Speaker 3: widely used H one B program. The new rules are

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Speaker 3: expected to have a significant impact on Indian and nationals,

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Speaker 3: who account for more than seventy percent of all H

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Speaker 3: one B visas. Bloombergs Del Lisa says the policy is

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Speaker 3: a major change.

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Speaker 8: Trump His slapped this one hundred thousand dollars application fee

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Speaker 8: on this visa program is part of the idea of

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Speaker 8: trying to make sure that more of these jobs are

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Speaker 8: held by US workers rather than foreign workers that are

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Speaker 8: flown in. Just as a comparison, I mean most visa programs,

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Speaker 8: you're really looking at a cost of about five to

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Speaker 8: ten thousand US dollars, So, I mean this is a massive,

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Speaker 8: massive increase in how much it actually costs just to

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Speaker 8: put it in application for this visa.

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Speaker 3: And Bloomberg's Gil Lisa says the new policy has caused

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Speaker 3: chaos among companies that rely on the H one B

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Speaker 3: program to bring in global talent Microsoft, Amazon, and Alphabet.

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Speaker 3: Some of the biggest beneficiaries of the H one B

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Speaker 3: program are warning employees against foreign travel.

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Speaker 7: Thank Karen.

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Speaker 2: President Trump is making more tech news. He's indicating the

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Speaker 2: Murdoch family could be involved in the takeover of TikTok's

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Speaker 2: US operations, and we get more on that from Bloomberg's

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Speaker 2: Denise Pellegrini.

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Speaker 9: After the White House announced that under a pending deal

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Speaker 9: with China, TikTok will be majority owned and controlled by

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Speaker 9: American investors, including Oracle Andreason Horowitz and silver Lake Management.

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Speaker 9: President trumplett this one drop on Fox News.

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Speaker 3: Hey to tell you this, But a man named Lachlan

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Speaker 3: is involved.

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Speaker 7: You know, Lachlan is that's a very unusual name. Lachlan Murdock,

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Speaker 7: mister murder, I believe, and you call him and Rupert

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Speaker 7: is probably going to be in the group.

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Speaker 9: The Murdoch family controls Fox News. Afterwards, a source told

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Speaker 9: Bloomberg Fox will be involved in the TikTok deal as

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Speaker 9: opposed to the Murdochs individually. The White House says a

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Speaker 9: deal to get the US operations of TikTok out from

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Speaker 9: under control of China's bidens, as required by US law,

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Speaker 9: will be signed in the coming days. Denise Pelgrity Bloomberg Radio.

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Speaker 3: A Denise, thank you. A part of New York City

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Speaker 3: will be on security lockdown this week as more than

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Speaker 3: one hundred and fifty world leaders gathered for the United

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Speaker 3: Nations General Assembly in Manhattan. Bloomberg's Monica Ricks reports from

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Speaker 3: New York.

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Speaker 10: The Secret Service has spent all year planning security for

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Speaker 10: the UN General Assembly, from motorcades to screening protocols, booking

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Speaker 10: the equivalent of thirty thousand hotel nights for its agents,

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Speaker 10: and they'll have reinforcements including thousands of New York Police

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Speaker 10: Office officers, Federal Air marshals, Coastguard cutters, and counter sniper teams.

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Speaker 10: The event has been designated a national Special Security Event,

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Speaker 10: the same classification as a presidential inauguration, and those city

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Speaker 10: officials confirm there are no credible threats against this year's session.

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Speaker 10: The backdrop will be tense following the assassination of conservative

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Speaker 10: activists Charlie Kirk and wars in Ukraine and Gaza. Monica

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Speaker 10: Ris Bloomberg Radio, All.

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Speaker 9: Right, Monica, thank you about.

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Speaker 3: Stay with Bloomberg for complete coverage of the UN General Assembly.

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Speaker 3: We'll be there broadcasting live from the bloomberg A Global

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Speaker 3: Business Forum on Wednesday and on.

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Speaker 2: The backdrop of the UN meetings in New York, Karen,

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Speaker 2: the UK, Canada and Australia have formally recognized Palestine as

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Speaker 2: a sovereign state and a sign of the growing international

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Speaker 2: condemnation of Israel. Those through US allies announced the shift yesterday.

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Speaker 2: Here's UK Prime Minister Keir Starmer.

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Speaker 6: In the face of the growing horror in the Middle East,

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Speaker 6: we are acting to keep alive the possible ability of

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Speaker 6: peace and a two state solution that means a safe

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Speaker 6: and secure Israel alongside a vible Palestinian state.

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Speaker 2: That was UK Prime Minister Kre Starmer.

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Speaker 11: Now.

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Speaker 2: US officials are criticized in the move. They warn it

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Speaker 2: will incentivize some US to prolong the war with Israel.

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Speaker 10: Well.

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Speaker 3: The Trump administration, Nathan is reportedly going to make major

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Speaker 3: changes when it comes to autism research. The Washington Post

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Speaker 3: is reporting officials planned to tie autism to aceda metafine,

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Speaker 3: the active ingredient in thailan all. The paper says officials

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Speaker 3: plan to warn pregnant women against using the medication. What

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Speaker 3: are the world's most common over the counter pain relievers

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Speaker 3: unless they have a fever. At the same time, The

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Speaker 3: Washington Post says officials planted a touta drug called Lukavorin

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Speaker 3: as a potential autism treatment. The paper says Lucavorin is

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Speaker 3: typically prescribed to counteract these side effects of some medication

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Speaker 3: and to treat vitamin B nine deficiency.

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Speaker 2: Turn markets now, Karen futures are lower following another record

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Speaker 2: Clothes on Wall Street and gold is trading at an

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Speaker 2: all time high above thirty seven hundred dollars an ounce,

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Speaker 2: and we have some possible deal news as we begin

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Speaker 2: the trading week. The Financial Times is reporting Pfizer's closing

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Speaker 2: in on a potential seven point three billion dollar takeover

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Speaker 2: of obesity startup met Sarah. The paper says the drug

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Speaker 2: giants look into bolster its pipeline after the recent failure

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Speaker 2: of its closely watched weight loss pill. And shares of

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Speaker 2: Met Sarah and the pre market are up more than

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Speaker 2: thirty percent.

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Speaker 3: And Nathan Sachs Global, the owner of storied retailer Sax

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Speaker 3: fifth Avenue, is reportedly exploring selling forty nine percent of

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Speaker 3: Bergdorf Goodman for about one billion dollars. The Wall Street

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Speaker 3: Journal is reporting there are at least four potential bidders,

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Speaker 3: including Middle Easter and sovereign wealth funds that were not named.

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Speaker 3: A nice time now for a look at some many

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Speaker 3: other stories making news in New York and around the world.

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Speaker 3: For that, we're joined by Bloomberg's and Michael Barr or Michael.

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Speaker 5: Good morning, Good morning, Karen. It was debate night in

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Speaker 5: New Jersey's high stakes governor's race last nine. In their

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Speaker 5: opening debate, Democrat Mikey Cheryl and Republican Jack Chittarelli sparred

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Speaker 5: over several issues, including the economy. Cheryl, a former Navy

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Speaker 5: helicopter pilot, was asked about rising energy costs.

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Speaker 9: I'm going to declare a state of emergency on day one,

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Speaker 9: freezing your rate hikes.

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Speaker 5: Chittarelli blames rising energy costs on closing energy plants in

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Speaker 5: favor of wind farms.

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Speaker 11: I'll reopen and repurpose the plants. We'll expand our nuclear

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Speaker 11: footprint in Cell Jersey. We will accelerate solar on the

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Speaker 11: rooftops of our warehouses, and we're pulling out the regional

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Speaker 11: greenhouse gas initiative. That carbon tax initiative has been a failure.

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Speaker 5: Audio courtesy of ABC seven. According to the latest Winnipia poll,

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Speaker 5: Cheryl leads Chittarelli forty nine percent to forty one percent.

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Speaker 5: Authority say patrons at a restaurant acted quickly and selflessly

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Speaker 5: to stop a gunman who opened fire while a wedding

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Speaker 5: was taking place at a New Hampshire country club, averting

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Speaker 5: a worse tragedy. They say one person was killed and

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Speaker 5: two others were wounded by the gunfire over the weekend

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Speaker 5: before the suspect was taken into custody in a nearby neighborhood.

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Speaker 5: Authorities say gunfire killed a fifty nine year old man

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Speaker 5: at Sky Middle country Club in Nashua. Hong Kong International

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Speaker 5: Airport expects flights to be cut starting Tuesday as the

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Speaker 5: Asian financial hub races for one of the strongest super

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Speaker 5: typhoons in years. Ragasa Bloomberg's Mary Way was asked, how

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Speaker 5: is this storm different.

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Speaker 12: It's been a particularly busy storm season. We've had eleven

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Speaker 12: tropical cyclones affect Hong Kong since January this year, and

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Speaker 12: that's the highest number since nineteen forty six, so eight decades, right,

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Speaker 12: that's a pretty high record, and it just speaks to

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Speaker 12: the warm sea surface temperatures really fueling these storms and

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Speaker 12: then sending them away, which as they've picked up additional

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Speaker 12: energy through the waters as it tracks across the waters.

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Speaker 12: It really just wraps up that.

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Speaker 5: Bloomberg's Mary Way Global News twenty four hours a day

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Speaker 5: and whenever you want it with Bloomberg News Now now

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Speaker 5: Michael Barr and this is Bloomberg Karen.

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Speaker 9: Thanks Michael.

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Speaker 3: Time now for our Bloomberg Sports updating. For that, we

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Speaker 3: bring in John stash Hour.

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Speaker 7: Thanks Karen wag Three in the NFL included a big

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Speaker 7: comeback by defending Super Bowl champion in Philadelphia. The Eagles

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Speaker 7: are three and oh. The Rams scored twenty six straight

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Speaker 7: points that led by nineteen in the third quarter. The

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Speaker 7: Eagles came back to take the lead and then seal

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Speaker 7: the win on a block field goal was a return

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Speaker 7: for a touchdown. The big upset was in Cleveland. The

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Speaker 7: Browns shutout for fifty six minutes, rallied to beat Green

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Speaker 7: Bay on a fifty five yard field goal. Kansas City

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Speaker 7: finally got its first win. The Chiefs beat the Giants

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Speaker 7: twenty two to nine. That's a Bloomberg Sports update.

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Speaker 3: Stay with us more from Bloomberg day Break coming up

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Speaker 3: after this.

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Speaker 1: Coast to coast on Bloomberg Radio, nationwide on Sirius XM,

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Speaker 1: and around the world on Bloomberg Dot and the Bloomberg

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Speaker 1: Business album. This is Bloomberg Daybreak.

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Speaker 7: Good morning.

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Speaker 2: I'm Nathan Hager. Tens of thousands packed a football stadium

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Speaker 2: in Arizona to mourn and pay tribute to conservative activist

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Speaker 2: Charlie Kirk nearly two weeks after his murder. Some of

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Speaker 2: the highest ranking Republicans were there, including President Trump, who

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Speaker 2: called the Turning Point USA founder a martyr for American freedom.

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Speaker 8: Charlie's message has not been silenced.

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Speaker 6: It now is bigger and better and stronger than ever before,

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Speaker 6: and it's not even close.

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Speaker 2: I was President Trump delivering the closing eulogy for Charlie

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Speaker 2: Kirk at State Farms Stadium in Glendale, Arizona. Joining us

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Speaker 2: this morning is Bloomberg's Jill Desis and Jill just to

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Speaker 2: see the huge amount of people who came out. The

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Speaker 2: fact that just about every member of President Trump's cabinet

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Speaker 2: was there to pay tribute to Charlie Kirk really speaks

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Speaker 2: to just how much of an impact this man had

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Speaker 2: on where the Republican Party stands right now.

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Speaker 8: Good morning, Yes, Good morning, Karen and Nathan. Look, I

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Speaker 8: think what you have in an event like this is

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Speaker 8: really it was really interesting to see kind of two

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Speaker 8: different schools of thought here. Obviously, you had, you know,

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Speaker 8: this really heartfelt monologue from Erica Kirk, the wife of

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Speaker 8: Charlie Kirk, where she was talking about, you know, forgiving

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Speaker 8: the person who you know, LEDs to have assassinated her husband.

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Speaker 8: But then on the other hand, you have this really

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Speaker 8: fiery rhetoric that's coming out of Donald Trump. And then

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Speaker 8: obviously this at this event is attended by you know,

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Speaker 8: as you mentioned, like you know, his many members of

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Speaker 8: his administration. Really kind of shows you how much political

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Speaker 8: anger has intensified over this particular assassination. I mean, you know,

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Speaker 8: in addition to obviously the remarks that we heard from

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Speaker 8: Donald Trump, which you played earlier in this program, you

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Speaker 8: also have you know, this this assassination really uniting a

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Speaker 8: lot of Republicans in investigating liberal groups that they claim

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Speaker 8: fermant violence, clapping down a negative coverage of the Trump administration,

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Speaker 8: and really driving a lot of state redistricting efforts in

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Speaker 8: particular aimed at securing more GEOP seats in Congress. So

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Speaker 8: you really kind of see that the dichotomy again of

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Speaker 8: this really emotional response that you have at an event

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Speaker 8: like this, but then also a lot of the ways

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Speaker 8: in which this has you know, created a lot of

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Speaker 8: political anger.

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Speaker 2: And in terms of that political anger, I mean, is

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Speaker 2: this the kind of thing. Could you see this, you know,

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Speaker 2: pouring out into the mid term elections next year?

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Speaker 8: Yeah, And I really do think that one of the

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Speaker 8: big concerning things here is, you know, what potential political

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Speaker 8: violence could still be to come. I mean when you're

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Speaker 8: looking at the United States over the past year and

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Speaker 8: a half in particular, I mean, look at the other

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Speaker 8: instances that we've had. There was the assassination attempt on

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Speaker 8: Donald Trump himself, you know, just over a year ago

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Speaker 8: when he was still campaigning for president. You've also had

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Speaker 8: you know, various targets, you know, including you know, those

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Speaker 8: who have targeted some prominent democracratic politicians. And so you're

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Speaker 8: looking at an environment that has become increasingly violent over

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Speaker 8: the past couple of years, obviously headed into the midterm elections.

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Speaker 8: I think that that's a pretty significant concern as to

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Speaker 8: whether there's still more violence to come.

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Speaker 2: Well, we have to wonder whether the concern in the

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Speaker 2: markets right now is on what the ramifications are for

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Speaker 2: immigration with this new one hundred thousand dollars fee for

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Speaker 2: H one B visas for highly skilled workers, I mean,

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Speaker 2: this could be a major disruption for the tech sector

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Speaker 2: in particular.

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Speaker 8: Yes, it really could. I mean when we're looking at

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Speaker 8: companies like Microsoft, like Google owner Alphabet Amazon, I mean

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Speaker 8: Amazon alone is really the single most biggest user of

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Speaker 8: this type of H one B visa program. I think

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Speaker 8: there's some pretty significant impacts that this could ultimately have

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Speaker 8: on the sector at large. What we already know is

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Speaker 8: that those companies that I've just mentioned, along with others,

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Speaker 8: actually sent messages to affected employees telling them to return

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Speaker 8: to the US and Saturday canceling any plans that they

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Speaker 8: had to depart the country because there's some concerns about this. Now,

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Speaker 8: what we have learned over the weekend was that, you know,

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Speaker 8: the new one hundred thousand dollars US dollar application fee

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Speaker 8: won't apply apply to existing visas or visa renewals, but

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Speaker 8: will apply to future ones. And you do have to

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Speaker 8: wonder how much that's going to impact a lot of

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Speaker 8: companies that do rely on these visas to import foreign

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Speaker 8: workers as skilled talent, particularly for these tech companies.

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