1 00:00:01,880 --> 00:00:04,320 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,360 --> 00:00:08,119 Speaker 1: Doug Prisner. White House National Security Advisor Jake Sullivan has 3 00:00:08,240 --> 00:00:11,320 Speaker 1: kicked off two days of meetings in Beijing with Chinese 4 00:00:11,320 --> 00:00:14,280 Speaker 1: Foreign Minister Wang Yi. It shows that US and China 5 00:00:14,320 --> 00:00:18,000 Speaker 1: are working to manage their rivalry through engagement and dialogue. 6 00:00:18,239 --> 00:00:20,639 Speaker 1: Here's Bloomberg's Jill Desis in Hong Kong. 7 00:00:21,320 --> 00:00:24,280 Speaker 2: We've certainly seen ways in which the US China relationship 8 00:00:24,320 --> 00:00:27,320 Speaker 2: has really struggled over the years, deteriorated in many ways, 9 00:00:27,640 --> 00:00:30,639 Speaker 2: you know. I mean, obviously Trump under the Trump administration 10 00:00:30,760 --> 00:00:33,680 Speaker 2: launch a trade war against China, but a lot of 11 00:00:33,760 --> 00:00:37,000 Speaker 2: those tensions have continued under the Biden administration. We've seen 12 00:00:37,240 --> 00:00:40,360 Speaker 2: a lot of you know, increased to tariff's other punitive measures, 13 00:00:40,360 --> 00:00:45,519 Speaker 2: specifically targeting advanced technology in China, manufacturing semiconductor industries, that 14 00:00:45,600 --> 00:00:46,080 Speaker 2: kind of thing. 15 00:00:46,200 --> 00:00:49,680 Speaker 1: That is Bloomberg's Jill Desis reporting from Hong Kong. The 16 00:00:49,720 --> 00:00:53,840 Speaker 1: Trump Special Council has filed an updated election indictment against 17 00:00:53,840 --> 00:00:56,920 Speaker 1: the former president. Here's Bloomberg's Nancy Lyons. 18 00:00:57,400 --> 00:01:00,280 Speaker 3: Special counsel Jack Smith is not giving up on his 19 00:01:00,400 --> 00:01:03,720 Speaker 3: prosecution of Donald Trump, even though he faced a setback 20 00:01:03,760 --> 00:01:07,560 Speaker 3: this summer before the Supreme Court, He's filed an updated 21 00:01:07,600 --> 00:01:10,679 Speaker 3: indictment following the court's ruling that Trump was at least 22 00:01:10,720 --> 00:01:15,080 Speaker 3: partially immune from prosecution related to his official access president. 23 00:01:15,520 --> 00:01:19,319 Speaker 3: The new indictment removes allegations related to Trump's communications with 24 00:01:19,400 --> 00:01:22,600 Speaker 3: government officials at the Department of Justice during his presidency, 25 00:01:22,920 --> 00:01:25,920 Speaker 3: but it keeps intact the same four charges against Trump, 26 00:01:26,160 --> 00:01:31,440 Speaker 3: which include accusations of conspiring to overturn election results. In Washington, 27 00:01:31,520 --> 00:01:33,679 Speaker 3: Nancy lyons Bloomberg Radio, and. 28 00:01:33,720 --> 00:01:36,839 Speaker 1: After some questions about whether he'll show up, Donald Trump 29 00:01:36,880 --> 00:01:40,399 Speaker 1: now says he will participate in a presidential debate with 30 00:01:40,520 --> 00:01:43,959 Speaker 1: Kamala Harris on September tenth. We have more from Bloomberg's 31 00:01:43,959 --> 00:01:45,160 Speaker 1: Amy Morris in Washington. 32 00:01:45,560 --> 00:01:48,040 Speaker 4: Trump says he has reached an agreement on the September 33 00:01:48,040 --> 00:01:51,000 Speaker 4: tenth debate, hosted by ABC News. That's according to a 34 00:01:51,040 --> 00:01:53,800 Speaker 4: post on truth Social Trump says the rules would be 35 00:01:53,840 --> 00:01:56,440 Speaker 4: the same as the last debate on CNN. He says 36 00:01:56,440 --> 00:01:59,960 Speaker 4: candidates can't be notes. He's implied the microphones will be muted. 37 00:02:00,320 --> 00:02:02,560 Speaker 4: The Harris campaign would like the microphones to stay on. 38 00:02:03,040 --> 00:02:05,880 Speaker 4: Trump also proposed a debate on September fourth on Fox, 39 00:02:05,920 --> 00:02:08,880 Speaker 4: but Democratic nominee Kamala Harris has not agreed to that one. 40 00:02:09,080 --> 00:02:12,240 Speaker 4: Trump also proposed a third debate on NBC that hasn't 41 00:02:12,240 --> 00:02:14,880 Speaker 4: been worked out yet either. In Washington, Amy Morris. 42 00:02:14,680 --> 00:02:19,000 Speaker 1: Bloomberg Radio, Ukrainian President Volodimir Zelensky says he'll bring his 43 00:02:19,080 --> 00:02:22,160 Speaker 1: plan to end Russia's invasion of his country with him 44 00:02:22,440 --> 00:02:25,519 Speaker 1: when he comes to the US next month. Bloomberg's Nathan 45 00:02:25,520 --> 00:02:27,000 Speaker 1: Hager has more from Washington. 46 00:02:27,560 --> 00:02:31,040 Speaker 5: Zelensky says he'll discuss his peace blueprint with President Biden 47 00:02:31,120 --> 00:02:33,560 Speaker 5: at the UN General Assembly meeting in New York. He 48 00:02:33,600 --> 00:02:36,280 Speaker 5: calls it a powerful package to force Russia to end 49 00:02:36,280 --> 00:02:39,760 Speaker 5: the war using diplomacy along with economic steps and Ukraine's 50 00:02:39,760 --> 00:02:43,480 Speaker 5: place in the global security architecture. Zelensky says he also 51 00:02:43,520 --> 00:02:46,800 Speaker 5: hopes to present his plan to both presidential candidates Kamala 52 00:02:46,840 --> 00:02:49,520 Speaker 5: Harris and Donald Trump. He also says he'll discuss the 53 00:02:49,560 --> 00:02:53,600 Speaker 5: recent incursion into Russia's Kersk region with President Biden. Ukraine's 54 00:02:53,680 --> 00:02:56,720 Speaker 5: army commander says his forces now controlled nearly five hundred 55 00:02:56,760 --> 00:03:01,760 Speaker 5: square miles of Russian territory. In Washington, Hagar Bloomberg Radio. 56 00:03:01,639 --> 00:03:04,920 Speaker 1: US consumer confidence rose in August to a six month high. 57 00:03:04,960 --> 00:03:07,960 Speaker 1: This is a reflection of upbeat views on both the 58 00:03:08,000 --> 00:03:12,840 Speaker 1: economy and inflation, and those positives helped to offset waning 59 00:03:12,840 --> 00:03:16,360 Speaker 1: optimism about the jobs market. The Conference Board's measure of 60 00:03:16,440 --> 00:03:19,200 Speaker 1: sentiment rose to a reading of one oh three point 61 00:03:19,200 --> 00:03:23,080 Speaker 1: three from an upwardly revised one oh one point nine 62 00:03:23,160 --> 00:03:27,080 Speaker 1: the month before. We got reaction from Stephanie Guchard, senior 63 00:03:27,120 --> 00:03:28,720 Speaker 1: economist at the Conference Board. 64 00:03:29,520 --> 00:03:33,080 Speaker 6: It's an improvement, but I wouldn't qualify it as a 65 00:03:33,080 --> 00:03:37,360 Speaker 6: strong improvement. The index is still in this narrow range 66 00:03:37,400 --> 00:03:40,000 Speaker 6: with right it has been for the past two years. 67 00:03:40,080 --> 00:03:42,560 Speaker 6: But if we go into the improvement, so what has 68 00:03:42,600 --> 00:03:47,160 Speaker 6: been driving the improvement is some more positive views by 69 00:03:47,240 --> 00:03:52,880 Speaker 6: consumers about business conditions right now and business conditions in the. 70 00:03:52,880 --> 00:03:57,720 Speaker 1: Future, Economist Stephanie Guchard of the Conference Board. A China 71 00:03:57,800 --> 00:04:01,640 Speaker 1: back hacking campaign already linked to attacks on US utilities 72 00:04:01,680 --> 00:04:05,640 Speaker 1: and intranet services, is now being accused in another series 73 00:04:05,680 --> 00:04:09,600 Speaker 1: of breaches. We have more from Bloomberg's Tracy Chonky in Washington. 74 00:04:10,240 --> 00:04:14,160 Speaker 7: US security agencies say the hacking group volt Typhoon has 75 00:04:14,200 --> 00:04:18,839 Speaker 7: targeted communications, energy, transportation, and water systems for at least 76 00:04:18,920 --> 00:04:22,359 Speaker 7: the past five years at the behest of Beijing, and 77 00:04:22,440 --> 00:04:26,960 Speaker 7: security researchers at Luhmann Technologies say Volts Typhoon is behind 78 00:04:27,040 --> 00:04:31,520 Speaker 7: yet another attack, this one targeting four unnamed US internet 79 00:04:31,520 --> 00:04:35,120 Speaker 7: firms and one in India. Luhmann says they found their 80 00:04:35,120 --> 00:04:38,479 Speaker 7: way in through a bug that network software provider Versa 81 00:04:38,560 --> 00:04:43,119 Speaker 7: Networks announced last week in Washington. I'm Tracy Jonki Bloomberg Radio. 82 00:04:43,360 --> 00:04:46,599 Speaker 1: NFL team owners have voted in favor of allowing private 83 00:04:46,640 --> 00:04:49,760 Speaker 1: equity firms to buy stakes in their franchises of up 84 00:04:49,839 --> 00:04:53,000 Speaker 1: to ten percent. The move is expected to attract billions 85 00:04:53,040 --> 00:04:56,919 Speaker 1: of dollars in fresh capital while boosting team valuations. We 86 00:04:56,960 --> 00:05:00,800 Speaker 1: got reaction from David Abram's founder in managing partner at 87 00:05:00,880 --> 00:05:02,440 Speaker 1: Velocity Capital Management. 88 00:05:03,160 --> 00:05:04,680 Speaker 8: A lot of the NFL teams have been all my 89 00:05:04,720 --> 00:05:07,359 Speaker 8: families for a long time, and so you know my 90 00:05:07,440 --> 00:05:10,000 Speaker 8: experience when you bring in third party investors with a 91 00:05:10,040 --> 00:05:12,960 Speaker 8: professional sports team, it really is a family business and 92 00:05:12,960 --> 00:05:15,760 Speaker 8: more importantly a community asset. So I think the NFL 93 00:05:15,800 --> 00:05:17,520 Speaker 8: did a lot of work on trying to figure out 94 00:05:17,680 --> 00:05:19,560 Speaker 8: if they were going to allow private equity and what 95 00:05:19,600 --> 00:05:22,280 Speaker 8: would be the governance around the capitol and the best 96 00:05:22,279 --> 00:05:24,599 Speaker 8: way to do with such that want. It helped increase 97 00:05:24,600 --> 00:05:27,120 Speaker 8: franchise values, but more importantly was good for the fans. 98 00:05:27,200 --> 00:05:31,000 Speaker 1: He is David Abrams of Velocity Capital Management, and that 99 00:05:31,120 --> 00:05:33,479 Speaker 1: is news when you want it with Bloomberg News. Now, 100 00:05:33,600 --> 00:05:36,039 Speaker 1: I'm Doug Krisner, and this is Bloomberg