1
00:00:01,000 --> 00:00:03,880
Speaker 1: News when you want it. With Bloomberg News Now, I'm

2
00:00:03,880 --> 00:00:07,440
Speaker 1: Brian Curtis in Hong Kong. Russian President Vladimir Putin has

3
00:00:07,520 --> 00:00:10,400
Speaker 1: arrived for his first visit to North Korea in twenty

4
00:00:10,440 --> 00:00:13,520
Speaker 1: four years. Bloomberg's John Herskovitz has more.

5
00:00:13,520 --> 00:00:16,639
Speaker 2: He's probably going to ask Kim Jong lun for more

6
00:00:16,760 --> 00:00:21,279
Speaker 2: artillery shells, more ballistic missiles, more material to fight the

7
00:00:21,320 --> 00:00:22,200
Speaker 2: war in Ukraine.

8
00:00:22,360 --> 00:00:22,439
Speaker 3: Now.

9
00:00:22,520 --> 00:00:27,240
Speaker 2: The thing is like North Korea has huge stores of

10
00:00:28,640 --> 00:00:32,559
Speaker 2: weapons that are interoperable with Soviet era systems that have

11
00:00:32,560 --> 00:00:35,080
Speaker 2: been dragged out to the front lines of Ukraine. It's

12
00:00:35,159 --> 00:00:37,920
Speaker 2: one of the places that has the most of the

13
00:00:37,960 --> 00:00:42,400
Speaker 2: stuff that Putin needs to fight a grinding war and

14
00:00:42,760 --> 00:00:44,680
Speaker 2: continue his bombardment of his neighbor.

15
00:00:45,280 --> 00:00:49,640
Speaker 1: John Herskovitz. Putin's trip comes after Kim traveled to Russia

16
00:00:49,720 --> 00:00:53,680
Speaker 1: back in September of last year. Satellite imagery later showed

17
00:00:53,720 --> 00:00:56,720
Speaker 1: his visit was followed by a surge in arms transfers.

18
00:00:57,680 --> 00:01:01,240
Speaker 1: Well Boeing CEO Dave Calhoun has faced fierce criticism before

19
00:01:01,280 --> 00:01:04,679
Speaker 1: a Senate subcommittee. Bloomberg's Ed Baxter has the story.

20
00:01:05,000 --> 00:01:07,560
Speaker 4: Senator Richard Blumenthal went as far as to say the

21
00:01:07,600 --> 00:01:10,679
Speaker 4: DOJ should file criminal charges against Boeing.

22
00:01:10,959 --> 00:01:16,319
Speaker 5: We learned those strategies were caused by intentional decisions to

23
00:01:16,400 --> 00:01:21,280
Speaker 5: put production speed over safety and profits.

24
00:01:21,319 --> 00:01:25,640
Speaker 4: And while Calhoun admitted to shortcomings and retaliation against whistleblowers,

25
00:01:25,920 --> 00:01:29,000
Speaker 4: he says safety is now job one.

26
00:01:28,920 --> 00:01:33,959
Speaker 2: So listen to every airplane every day, every second as

27
00:01:34,000 --> 00:01:34,880
Speaker 2: one takes off.

28
00:01:35,080 --> 00:01:38,600
Speaker 4: Calhoun also apologized to the families who've suffered because of

29
00:01:38,959 --> 00:01:42,120
Speaker 4: past failures. Ed Baxter Bloomberg Radio.

30
00:01:42,680 --> 00:01:46,720
Speaker 1: President Biden will sign an executive order on illegal immigrants.

31
00:01:47,080 --> 00:01:51,520
Speaker 1: The order offers legal residency to undocumented spouses or children

32
00:01:51,520 --> 00:01:54,520
Speaker 1: of US citizens citizens who've been in the country for

33
00:01:54,680 --> 00:01:57,800
Speaker 1: at least a decade. The EO will do so without

34
00:01:57,840 --> 00:02:01,440
Speaker 1: requiring them to leave the country first. Bloomberg's Jody Schneider

35
00:02:01,440 --> 00:02:02,640
Speaker 1: has more from Washington.

36
00:02:02,760 --> 00:02:06,640
Speaker 6: That's a big change because currently the situation is they

37
00:02:06,720 --> 00:02:09,960
Speaker 6: must depart the US, sometimes for years before they can

38
00:02:10,000 --> 00:02:13,120
Speaker 6: be eligible to apply for permanent residency as well as

39
00:02:13,160 --> 00:02:16,080
Speaker 6: work permits. So this is something that has been discussed

40
00:02:16,120 --> 00:02:19,200
Speaker 6: for years, was discussed in the Obama administration, and now

41
00:02:19,600 --> 00:02:22,520
Speaker 6: President Biden plans to roll this out at a White

42
00:02:22,520 --> 00:02:26,880
Speaker 6: House event today that's commemorating the anniversary of the Obama

43
00:02:26,919 --> 00:02:31,320
Speaker 6: era DOCA program Deferred Action for Childhood Rivals program.

44
00:02:31,120 --> 00:02:35,160
Speaker 1: Bloomberg's Jody Schneider. The order comes two weeks after President

45
00:02:35,240 --> 00:02:39,560
Speaker 1: Biden's executive action to limit asylum claims at the Southern border.

46
00:02:40,320 --> 00:02:42,880
Speaker 1: The US is said to be asking allies for help

47
00:02:43,040 --> 00:02:46,920
Speaker 1: in curbing China's access to high end chip making. Bloomberg's

48
00:02:47,000 --> 00:02:48,880
Speaker 1: Juan Wong has more from Hong Kong.

49
00:02:49,200 --> 00:02:51,679
Speaker 7: A senior US official is set to visit Japan and

50
00:02:51,720 --> 00:02:54,600
Speaker 7: the Netherlands to ask them to put new restrictions on

51
00:02:54,680 --> 00:02:59,120
Speaker 7: China's semiconductor sector. Sources say Commerce Under Secretary Alan Svs

52
00:02:59,320 --> 00:03:02,359
Speaker 7: the last leader there to put more limits on ASML

53
00:03:02,440 --> 00:03:06,680
Speaker 7: and Tokyo Electron. Meantime, US lawmakers want to prevent companies

54
00:03:06,680 --> 00:03:10,320
Speaker 7: that win US chip grants from using Chinese made equipment.

55
00:03:10,600 --> 00:03:14,040
Speaker 7: A bipartisan bill was introduced today. It states that companies

56
00:03:14,080 --> 00:03:16,480
Speaker 7: would be barred from buying chip making gear from firms

57
00:03:16,520 --> 00:03:20,640
Speaker 7: owned or controlled by China, Russia, North Korea, and Iran.

58
00:03:20,960 --> 00:03:23,560
Speaker 7: The band would apply only to US facilities that get

59
00:03:23,600 --> 00:03:26,920
Speaker 7: funds from the Chips Act, and not to manufacturers overseas

60
00:03:26,960 --> 00:03:30,160
Speaker 7: operations in Hong Kong joined Wan Bloomberg radio.

61
00:03:30,560 --> 00:03:33,839
Speaker 1: Separately, the US and India are moving forward in their

62
00:03:33,840 --> 00:03:38,800
Speaker 1: cooperation on chips and artificial intelligence. US National Security Advisor

63
00:03:38,920 --> 00:03:43,240
Speaker 1: Jake Sullivan met with his Indian counterpart Ajit Duval in India.

64
00:03:43,760 --> 00:03:48,760
Speaker 1: They discussed a number of strategic issues, including chips, artificial intelligence,

65
00:03:49,160 --> 00:03:55,160
Speaker 1: and space. In US congressional primary races, in Virginia's fifth district,

66
00:03:55,440 --> 00:03:58,320
Speaker 1: House Freedom Caucus leader Bob good is neck and neck

67
00:03:58,360 --> 00:04:02,960
Speaker 1: with Republican state Senator John McGuire. In Georgia's second district,

68
00:04:03,240 --> 00:04:08,080
Speaker 1: former Education Department official Wayne Johnson beat convicted January sixth,

69
00:04:08,160 --> 00:04:12,640
Speaker 1: rioter Chuck Hand it'll take on sixteen term Democratic incumbent

70
00:04:13,040 --> 00:04:18,040
Speaker 1: Sanford Bishop meantime, eleven term Oklahoma Congressman Tom Cole has

71
00:04:18,080 --> 00:04:22,440
Speaker 1: won that state's Republican primary. While one of baseball's most

72
00:04:22,480 --> 00:04:26,800
Speaker 1: beloved players has died. San Francisco Giants legend Willie Mays

73
00:04:26,920 --> 00:04:31,040
Speaker 1: passed away Tuesday afternoon. His family and the San Francisco

74
00:04:31,120 --> 00:04:34,720
Speaker 1: Giants announced his passing in a joint statement. Mays at

75
00:04:34,760 --> 00:04:37,680
Speaker 1: six hundred sixty home runs over twenty two Major League

76
00:04:37,680 --> 00:04:42,520
Speaker 1: Baseball seasons. He racked up twelve Gold Gloves, two MVP Awards,

77
00:04:42,800 --> 00:04:45,040
Speaker 1: and a Rookie of the Year nod along the way.

78
00:04:45,560 --> 00:04:48,720
Speaker 1: The center fielder was baseball's oldest living Hall of Famer

79
00:04:49,080 --> 00:04:52,040
Speaker 1: Willie Mays was ninety three.

80
00:04:52,040 --> 00:04:52,240
Speaker 7: Well.

81
00:04:52,240 --> 00:04:56,039
Speaker 1: Wednesday Mark's Juneteenth in the United States. It became a

82
00:04:56,080 --> 00:04:59,479
Speaker 1: federal holiday three years ago to commemorate the end of

83
00:04:59,560 --> 00:05:04,040
Speaker 1: slavery in America. We heard earlier from Hillary Shelton, National

84
00:05:04,040 --> 00:05:08,280
Speaker 1: Advisor for Governance and Policy at the NUBACP.

85
00:05:07,800 --> 00:05:10,880
Speaker 3: The even as we recognized the nineteenth as the June teenth,

86
00:05:10,920 --> 00:05:16,120
Speaker 3: we know that the Emancipation's Proclamation, so to speak, was

87
00:05:16,160 --> 00:05:18,160
Speaker 3: actually something they had to roll out and work its

88
00:05:18,160 --> 00:05:20,640
Speaker 3: way to Texas, and it wasn't until it got there

89
00:05:20,680 --> 00:05:23,599
Speaker 3: that we were actually able to fully recognize, with support

90
00:05:23,640 --> 00:05:26,479
Speaker 3: of the new government of our country, that much more

91
00:05:26,839 --> 00:05:29,200
Speaker 3: needs to be done. But we've accomplished an awful lot

92
00:05:29,400 --> 00:05:33,040
Speaker 3: by being able to eradicate and recognize how awful slavery was.

93
00:05:33,360 --> 00:05:37,280
Speaker 1: That was Hillary Shelton at the NAACP. Markets will be

94
00:05:37,320 --> 00:05:40,360
Speaker 1: closed in the United States and observance of June teenth.

95
00:05:40,600 --> 00:05:43,440
Speaker 1: That's news when you want it. With Bloomberg News Now,

96
00:05:43,760 --> 00:05:45,599
Speaker 1: I'm Brian Curtis. This is Bloomberg