1 00:00:00,880 --> 00:00:04,760 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,840 --> 00:00:08,600 Speaker 1: in Kalki. Israel's military says it has located a number 3 00:00:08,600 --> 00:00:11,920 Speaker 1: of bodies in the Gaza Strip, opening the possibility that 4 00:00:12,000 --> 00:00:14,720 Speaker 1: some of the roughly one hundred hostages still held there 5 00:00:14,800 --> 00:00:18,520 Speaker 1: have been found dead. Daniel Hagari, spokesman for the Israel 6 00:00:18,560 --> 00:00:21,480 Speaker 1: Defense Forces, said in a post on x that troops 7 00:00:21,520 --> 00:00:25,239 Speaker 1: were working to extract and identify the remains, a process 8 00:00:25,280 --> 00:00:28,120 Speaker 1: that would take several hours. He asked the public not 9 00:00:28,200 --> 00:00:32,320 Speaker 1: to speculate about their identities. President Joe Biden, leaving church 10 00:00:32,320 --> 00:00:36,879 Speaker 1: in Rehobeth Beach, Delaware, on Saturday, said Israel had discovered bodies, 11 00:00:36,880 --> 00:00:39,800 Speaker 1: but he didn't know how many. He didn't indicate whether 12 00:00:39,880 --> 00:00:44,040 Speaker 1: the bodies were those of hostages. Elon Musk's ex began 13 00:00:44,120 --> 00:00:46,559 Speaker 1: to go dark Saturday in Brazil at the order of 14 00:00:46,600 --> 00:00:49,800 Speaker 1: the nation's top court after the buillionaire refused to name 15 00:00:49,880 --> 00:00:53,160 Speaker 1: a legal representative for the social network in Latin America's 16 00:00:53,200 --> 00:00:56,720 Speaker 1: largest nation. As the site went down, politicians hurried to 17 00:00:56,760 --> 00:01:00,880 Speaker 1: share reactions to judicial efforts to police content before they 18 00:01:00,920 --> 00:01:05,880 Speaker 1: lost access. Celebrities fired off posts directing fans to other networks, 19 00:01:06,200 --> 00:01:11,320 Speaker 1: while experts in Internet law opined on the long term ramifications. 20 00:01:11,720 --> 00:01:14,760 Speaker 1: Many of Ex's twenty million users in Brazil, the world's 21 00:01:14,760 --> 00:01:18,880 Speaker 1: fifth most online nation, were left to scour rival platforms 22 00:01:18,920 --> 00:01:22,360 Speaker 1: after the Supreme Court ordered the immediate suspension late Friday. 23 00:01:22,840 --> 00:01:27,039 Speaker 1: American steel executives say they are optimistic that demand for 24 00:01:27,080 --> 00:01:30,600 Speaker 1: the industrial material will rebound next year. We get more 25 00:01:30,600 --> 00:01:32,400 Speaker 1: from Bloomberg's Denise Pellegriny. 26 00:01:32,640 --> 00:01:36,720 Speaker 2: Many industry leaders in the SMU Steel Summit in Atlanta 27 00:01:36,920 --> 00:01:39,959 Speaker 2: earlier this week said they have high hopes for twenty 28 00:01:40,120 --> 00:01:44,400 Speaker 2: twenty five, with turnaround in steel fueled by an improving 29 00:01:44,520 --> 00:01:48,560 Speaker 2: US economy as large infrastructure projects get built and interest 30 00:01:48,640 --> 00:01:53,160 Speaker 2: rate cuts encourage consumer spending. Mike Barnett, president of Grand 31 00:01:53,200 --> 00:01:57,240 Speaker 2: Steel Products, and Kevin Dempsey, president of the American Iron 32 00:01:57,320 --> 00:02:00,800 Speaker 2: and Steel Institute, among those giving the pow positive comments. 33 00:02:01,000 --> 00:02:05,800 Speaker 2: Lackluster demand and low prices have hobbled the industry this year. 34 00:02:06,200 --> 00:02:08,120 Speaker 2: Denise Pelgrity Bloomberg Radio. 35 00:02:08,000 --> 00:02:11,320 Speaker 1: A senior member of Crowdstrikes operations team, is scheduled to 36 00:02:11,360 --> 00:02:14,640 Speaker 1: appear before Congress to answer questions on the company's global 37 00:02:14,680 --> 00:02:18,800 Speaker 1: IT outage in July that disrupted industries around the world. 38 00:02:19,000 --> 00:02:21,200 Speaker 1: Bloomberg's Karen Moscow has more. 39 00:02:21,520 --> 00:02:25,160 Speaker 3: Adam Meyer, Senior vice president of Counter Adversary Operations, is 40 00:02:25,160 --> 00:02:28,639 Speaker 3: set to testify in a subcommittee hearing on September twenty fourth. 41 00:02:28,840 --> 00:02:31,760 Speaker 3: The July nineteenth Crown Strike outage was caused by a 42 00:02:31,800 --> 00:02:35,840 Speaker 3: flawed content update a paralyzed air, travel, banking systems, and 43 00:02:35,880 --> 00:02:40,440 Speaker 3: other businesses. Globally Representative Andrew Garbarino, a New York Republican 44 00:02:40,480 --> 00:02:44,079 Speaker 3: and the chairman of the Subcommittee on Cybersecurity and Infrastructure Protection, 45 00:02:44,520 --> 00:02:46,560 Speaker 3: so the hearing would be an opportunity to see what 46 00:02:46,680 --> 00:02:50,600 Speaker 3: steps CrowdStrike is taken to prevent a similar situation from occurring. 47 00:02:51,000 --> 00:02:54,000 Speaker 3: Since the incident, the company has announced wide ranging changes 48 00:02:54,040 --> 00:02:57,720 Speaker 3: to how it tests and deploys content updates. Karen Moscow, 49 00:02:57,720 --> 00:02:58,560 Speaker 3: Bloomberg Radio. 50 00:02:58,720 --> 00:03:02,840 Speaker 1: The committee in July invited Crown Strike CEO George Kurtz 51 00:03:02,880 --> 00:03:06,360 Speaker 1: to testify. It wasn't immediately clear why Kurtz is not 52 00:03:06,440 --> 00:03:10,720 Speaker 1: scheduled to speak at the hearing. Holiday weekend shocker from 53 00:03:10,760 --> 00:03:13,639 Speaker 1: one of Wall Street's biggest banks. We get more from 54 00:03:13,639 --> 00:03:15,280 Speaker 1: Bloomberg's Tom Busby. 55 00:03:15,120 --> 00:03:18,840 Speaker 4: Goldman Sachs planning to slash more than thirteen hundred employees 56 00:03:18,919 --> 00:03:21,799 Speaker 4: Opers a four percent of its global workforce as part 57 00:03:21,840 --> 00:03:24,120 Speaker 4: of an annual review process aimed to getting rid of 58 00:03:24,200 --> 00:03:26,919 Speaker 4: the lowest performers. That's according to The Wall Street Journal. 59 00:03:27,200 --> 00:03:30,079 Speaker 4: The layoffs will likely impact several of the bank's divisions, 60 00:03:30,080 --> 00:03:33,960 Speaker 4: some impacted more than others. Goldman typically aims to trim 61 00:03:34,000 --> 00:03:36,280 Speaker 4: between two and seven percent of its staff every year 62 00:03:36,760 --> 00:03:41,000 Speaker 4: based on various performance metrics. Tom Busby, Bloomberg Radio. 63 00:03:41,480 --> 00:03:43,680 Speaker 1: As we sit in the middle of Labor Day weekend, 64 00:03:43,760 --> 00:03:47,320 Speaker 1: the presidential election is in sharp focus, but there are 65 00:03:47,360 --> 00:03:50,320 Speaker 1: a lot of other questions in the ballot two. Bloomberg's 66 00:03:50,360 --> 00:03:52,560 Speaker 1: Amy Morris reports from Washington. 67 00:03:52,600 --> 00:03:55,160 Speaker 5: Ballot measures in forty one states will give voters a 68 00:03:55,280 --> 00:03:58,960 Speaker 5: say on issues regarding live health, crime, and taxes. More 69 00:03:58,960 --> 00:04:01,600 Speaker 5: than one hundred and forty measures are going before voters 70 00:04:01,600 --> 00:04:05,280 Speaker 5: in the general election, including constitutional amendments in at least 71 00:04:05,400 --> 00:04:09,280 Speaker 5: nine states to enshrine abortion rights, numerous proposals to change 72 00:04:09,360 --> 00:04:13,200 Speaker 5: voting procedures. Several states have questions on raising their minimum wage, 73 00:04:13,400 --> 00:04:18,080 Speaker 5: cutting property taxes, legalizing marijuana. Other measures seek to toughen 74 00:04:18,160 --> 00:04:22,239 Speaker 5: state enforcement of immigration and crime laws. Amy Morris, Bloomberg Radio. 75 00:04:22,400 --> 00:04:25,360 Speaker 1: After three rounds of the tour, Championship at East Lake 76 00:04:25,400 --> 00:04:29,960 Speaker 1: in Atlanta. Scottie Scheffler five under for Saturday, twenty six 77 00:04:30,240 --> 00:04:33,160 Speaker 1: under for the tournaments. He heads into Sunday's final round 78 00:04:33,240 --> 00:04:36,279 Speaker 1: with a five shot lead. And that's news when you 79 00:04:36,360 --> 00:04:40,120 Speaker 1: want it with Bloomberg News Now, I made Koleggi and 80 00:04:40,279 --> 00:04:42,240 Speaker 1: this is Bloomberg