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Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Krisner,

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Speaker 1: and we begin with the latest on today's meeting at

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Speaker 1: the White House regarding peace in Ukraine. Earlier this evening,

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Speaker 1: President Trump outlined plans for a bilateral meeting between Russian

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Speaker 1: President Putin and Ukrainian President Zelenski. Now, according to Trump,

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Speaker 1: that will be followed by a trilateral summit involving Putin,

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Speaker 1: Zolensky and Trump. Here is Zelenski speaking to reporters after

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Speaker 1: the meeting.

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Speaker 2: We don't have any day. We just conformed after this

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Speaker 2: productive meeting with President and then with all our colleagues,

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Speaker 2: the partners who conformed that we are ready for trilateral meeting.

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Speaker 1: That is Ukrainian President Vladimir Zolenski speaking there now. According

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Speaker 1: to German Chancellor Friedrich murr Is, a possible summit between

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Speaker 1: Zolensky and Putin could take place within two weeks. SoftBank

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Speaker 1: Group says it will invest two billion dollars in Intel

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Speaker 1: through the purchase of common stock. Now, this investment comes

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Speaker 1: as Intel and softa Bank deep in their commitment to

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Speaker 1: investing in advanced technology and semiconductor innovation in the US,

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Speaker 1: and it follows our reporting of the Trump administration considering

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Speaker 1: taking a ten percent stake in Intel. Where total, the

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Speaker 1: administration may convert some or all of Intel's grants from

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Speaker 1: the US Chips and Science Act into equity. Here is

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Speaker 1: Bloomberg's Anabel Jewelers.

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Speaker 3: It is important to note that Intel was already looking

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Speaker 3: to get funding from the US government. Converting it, though

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Speaker 3: into equity, speeds at that timeline because grant funding would

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Speaker 3: have been dispersed over a much longer period of time.

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Speaker 1: That is Bloomberg's Annabel Jewelers. Shares in Intel jumped about

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Speaker 1: five percent in lay trading on news of the soft

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Speaker 1: Bank announcement. Air Canada flights remained grounded after flight attendants

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Speaker 1: defied a back to work order from Canada's labor board.

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Speaker 1: The union representing over ten thousand staff said members will

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Speaker 1: not return until their demands for higher pay and boarding

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Speaker 1: time compensation are met. Now the strike has stranded hundreds

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Speaker 1: of thousands of travelers since Saturday. Eric Canada CEO Michael

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Speaker 1: Rousseau spoke earlier to Bloomberg.

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Speaker 4: We could go to the courts and seek an injunction,

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Speaker 4: which we may do. I mean, we're also very very

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Speaker 4: disappointed with the actions of the QP leadership team. They're

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Speaker 4: violating law and it's the impacting Negavey impacting hundreds of

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Speaker 4: thousands of our customers right now.

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Speaker 1: Eric Canada CEO Michael Rousseau, speaking earlier to Bloomberg. Meantime,

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Speaker 1: Eric Canada has suspended its financial outlook, with analyst estimating

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Speaker 1: losses at over fifty four million dollars a day. The

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Speaker 1: airline is now hoping to resume flights on Tuesday. Home

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Speaker 1: Depot's outlook on home improvement demand will be in focus

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Speaker 1: when the retailer reports quarterly earnings before the opening bell Tuesday.

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Speaker 1: The company is expected to post positive comp sales for

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Speaker 1: the quarter. Greg Melick is senior managing director at Evercore Isi.

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Speaker 1: He spoke earlier to Bloomberg.

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Speaker 5: We do think that the second half this year there's

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Speaker 5: as to retail sales, not a recession, not a disaster,

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Speaker 5: but a deceleration from the four and a half percent

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Speaker 5: growth earlier this year to maybe three and a half

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Speaker 5: and as that plays out into next year, though, once

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Speaker 5: we get the carrots of the One Big Beautiful Bill Act,

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Speaker 5: that stimulus is going to come and hit pretty hard

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Speaker 5: in a positive way. In the first quarter next year.

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Speaker 1: That is Greg Mellick from Evercore Isi. President Trump says

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Speaker 1: he will sign an executive order targeting mail in ballots

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Speaker 1: and voting machines. Now needless to say, this move could

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Speaker 1: dramatically change how Americans cast their ballots. More from Bloomberg's

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Speaker 1: Amy Morris in.

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Speaker 6: Washington, President Trump claims voting machines are inaccurate, expensive and controversial,

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Speaker 6: and that mail in ballots should not be allowed.

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Speaker 3: Mail in ballots are corrupt.

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Speaker 2: Mail in ballots.

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Speaker 3: You can never have a real democracy with mail in ballots.

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Speaker 6: Trump provided no evidence to back up his claims and

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Speaker 6: no insight into how people would vote if they're deployed

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Speaker 6: overseas or disabled or elderly. Congress sets voting regulations, but

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Speaker 6: it's state governments that set the time, place, and manner

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Speaker 6: of holding federal elections under the US Constitution. In Washington,

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Speaker 6: Amy Morris Bloomberg Radio.

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Speaker 1: The interim US Attorney for Manhattan, J. Clayton was approved

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Speaker 1: by a group of judges to remain in the post

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Speaker 1: pending confirmation as a permanent prosecutor by the US Senate. Now,

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Speaker 1: Clayton's temporary term was set to expire within one hundred

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Speaker 1: and twenty days under federal law. However, the judge's decision

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Speaker 1: will allow him to stay in the post until he

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Speaker 1: or someone else appointed by President Trump wins Senate confirmation.

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Speaker 1: And that is news when you want it with Bloomberg News. Now,

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Speaker 1: I'm Doug prisoner, and this is Bloomberg