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Speaker 1: News when you want it with Bloomberg News Now. I'm

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Speaker 1: Leslie Lado. US House Speaker Mike Johnson has come up

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Speaker 1: with a stop gap measure so we don't experience a

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Speaker 1: government shutdown next week. The House will take a vote

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Speaker 1: Tuesday on a way to fund some agencies through January

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Speaker 1: and others until the first part of February. It does

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Speaker 1: not include deep cuts as some hardliners in this party wanted,

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Speaker 1: so that could mean smooth sailing through the Senate, but

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Speaker 1: the end of the new speaker's honeymoon with this caucus.

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Speaker 1: A surgeon working at Gaza's Al Shifa Hospital says the

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Speaker 1: hospital and surrounding area have been hit with bombs. In

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Speaker 1: audio posted to social media by Doctors Without Borders, doctor

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Speaker 1: Mohammed Obeed says patients have died because the hospital didn't

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Speaker 1: have electricity to operate life support equipment. We want someone

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Speaker 1: to give us the guarantee that we can even uit

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Speaker 1: the patient because we have about six hundred datient.

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Speaker 2: Needed me to compare, and.

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Speaker 1: Doctors without Borders is calling for a ceasefire, the protection

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Speaker 1: of medical facilities and for those who want to leave

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Speaker 1: the hospital to be allowed to do so. Israel says

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Speaker 1: they are allowing peaceful exits from that hospital. The US

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Speaker 1: has been once again threatened with the loss of its

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Speaker 1: last top credit rating. Moody's Investors Service signaled it was

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Speaker 1: inclined to downgrade the nation because of wider budget deficits

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Speaker 1: and political polarization. The rating assessor lowered the outlook to

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Speaker 1: negative from stable, while affirming the nation's rating still at

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Speaker 1: triple A, the highest investment grade, Notch, but moody said,

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Speaker 1: while we still have higher interest rates, unless we see

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Speaker 1: measures to reduce spending or boost revenue, fiscal deficits will

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Speaker 1: likely quote remain very large, significantly weakening debt affordability. The

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Speaker 1: investigation continues after big headaches in the twenty six trillion

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Speaker 1: dollar treasury market after a cyber attack. We get that

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Speaker 1: story from Bloomberg's Denise Pellegrini.

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Speaker 2: The cyber attack on Industrial and Commercial Bank of China

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Speaker 2: caused major snags for traders Thursday, and then the Federal

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Speaker 2: Reserve set on its website Friday a quote service issue

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Speaker 2: was impacting the Fedwire Security Service, which handles settlements for

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Speaker 2: US treasuries. The Fed said it would continue its service

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Speaker 2: for bny melon customer until at least seven pm. Wall

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Speaker 2: Street Time, last night, Meantime, South China Morning Post and

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Speaker 2: others reporting that Industrial and Commercial Bank of China injected

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Speaker 2: capital into its US unit. The reports say that was

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Speaker 2: to help pay bny Mellon nine billion dollars for unsettled trades.

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Speaker 2: Lockbit is claiming responsibility for the ransomware attack on ICBC,

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Speaker 2: Denise Pellegreene Bloomberg Radio.

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Speaker 1: Trouble down under as a cyber attack against one of

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Speaker 1: the world's largest facilitators of global trade as limited access

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Speaker 1: to several ports. A mass closure in Australia threatens to

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Speaker 1: disrupt supply chains for days. DP World apparently detected a

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Speaker 1: hack Friday, forcing it to restrict access to four of

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Speaker 1: the nation's largest ports. The government convene a crisis meeting

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Speaker 1: Saturday to coordinate a response and continue their discussions with

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Speaker 1: the company to resume operations. Trow's Price Group says clients

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Speaker 1: will likely withdraw more than twenty six point three billion

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Speaker 1: in the fourth quarter. That story from Bloomberg's Charlipellett.

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Speaker 3: It extends a streak of redemptions by investors ditching actively

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Speaker 3: managed mutual funds for cheaper products or cash. Money market Holdings.

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Speaker 3: In a statement, the asset manager reported six point three

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Speaker 3: billion dollars in preliminary net outflows in October and expects

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Speaker 3: investors to pull more than twenty billion total in November

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Speaker 3: and December. The Baltimore based firm, which had one point

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Speaker 3: three trillion in client assets at the end of October,

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Speaker 3: attributed the elevated outflows in part to a few large

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Speaker 3: client withdrawals. Charlie Pellett Bloomberg.

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Speaker 1: Radio, and Honda's getting proactive giving US employees a pay

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Speaker 1: raise after the United Auto Workers weeks long strike. Eleven

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Speaker 1: percent bump not for all US employees, according to a

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Speaker 1: company memo seen by Bloomberg. The memo said Honda continuously

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Speaker 1: reviews its total rewards packages to ensure they stay competitive.

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Speaker 1: The memo from the company's human resources department for locations

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Speaker 1: including Ohio, Indiana, and Georgia. That's news when you want

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Speaker 1: it with Bloomberg News.

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Speaker 3: Now.

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Speaker 1: I'm Leslie Lado and this is Bloomberg