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

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Speaker 1: Doug Prisner. The US Senate has passed a temporary stopgap

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Speaker 1: funding bill. It's aimed at reopening the government and ending

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Speaker 1: the shutdown, the longest in history. This bill will now

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Speaker 1: need to be passed by the House of Representatives and

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Speaker 1: then signed into law by President Trump before the government

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Speaker 1: can reopen. Now. The House is expected to vote on

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Speaker 1: the Senate passed bill on Wednesday, and according to a

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Speaker 1: statement from the office of House Majority Whip Tom Emmer,

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Speaker 1: the first votes may occur as early as four pm

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Speaker 1: Eastern time. Here is Senate Majority Leader John Thune.

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Speaker 2: This has been a very long road, quite literally the

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Speaker 2: longest shutdown in history. I am very very happy to

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Speaker 2: be able to say that we are coming to the end.

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Speaker 1: That was Senate Majority Leader John Thune. Importantly, this bill

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Speaker 1: does not include provisions to extend tax subsidies under the

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Speaker 1: Affordable Care Act, and as a result, it's been widely

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Speaker 1: criticized by many Democrats, including Senator Elizabeth Warren and House

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Speaker 1: Democratic Leader Jakim Jeffreys. They have said the party should

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Speaker 1: have stood firm and fought for healthcare. We moved to

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Speaker 1: earnings News. Next, Paramount's Guidance reported its first results under

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Speaker 1: the leadership of CEO David Ellison. Third quarter revenue missed estimates,

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Speaker 1: however the outlook was better than expected. Paramounts Guidance is

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Speaker 1: planning to cut an additional sixteen hundred jobs to achieve

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Speaker 1: cost savings of three billion dollars this year and next.

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Speaker 1: We got reaction from Bloomberg's Chris Palmery.

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Speaker 3: This is the definition of mixed results. You see. You know,

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Speaker 3: the quarterly revenue was a disappointment compared to what Wall

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Speaker 3: Street wanted, but their fourth quarter guidance looks high. But

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Speaker 3: then again, their twenty twenty six revenue for the annual

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Speaker 3: revenue looks all just about in line. So there's all

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Speaker 3: kinds of lot of mixed signals here, that.

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Speaker 1: Is Bloomberg's Chris Palmery. Now, Paramount's Guidance has been trying

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Speaker 1: to buy rival Warner Brothers Discovery. However, it's multiple bids

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Speaker 1: have been rejected for being too low. Other companies, including

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Speaker 1: Netflix and Comcast, have also been interested in acquiring all

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Speaker 1: or part of Warner Brothers. After the Bellcore We've reported

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Speaker 1: revenue for the latest quarter above estimates, but the company

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Speaker 1: also reported narrower profit margins. The weak spot in otherwise

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Speaker 1: upbeat results. We got reaction from Sarah Kunst, founder and

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Speaker 1: managing director at Cleo Capital.

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Speaker 4: You don't normally see this kind of sort of investing

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Speaker 4: for growth in an infrastructure company. It doesn't take that

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Speaker 4: long to get these things online, and so you know,

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Speaker 4: I think that when you look at the capex of

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Speaker 4: this company, when you look at things like you know

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Speaker 4: the rate at which the CEO is selling, you say, Okay,

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Speaker 4: it feels like this is expensive and I don't know

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Speaker 4: if the value is going to be there in a

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Speaker 4: few years. And I think that the street is reacting

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Speaker 4: that way too.

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Speaker 1: That is Sarah Kunst from Cleo Capital. Apple is reportedly

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Speaker 1: delaying the release of next year's version of the company's

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Speaker 1: thinnest smartphone, the iPhone Air. The Information reports the move

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Speaker 1: comes after the first model sold below expectations. Apple is

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Speaker 1: already sharply scaled back production of the first version, and

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Speaker 1: Fox COHNN, one of two companies that assembles the iPhone Air,

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Speaker 1: has dismantled most production lines for the first version, and

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Speaker 1: Fox Cohn is expecting to halt all production of the

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Speaker 1: first version by the end of the month, the US

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Speaker 1: says it's halting some sanctions on Syria. This comes after

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Speaker 1: Syrian President Ahmed al Shara met with President Trump today

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Speaker 1: at the White House and according to a multi agency statement,

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Speaker 1: comprehensive US sanctions on Syria have been suspended for one

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Speaker 1: hundred and eighty days as of Monday. Here is Bloomberg's

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Speaker 1: Michelle jem Risco.

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Speaker 5: This is a remarkable turn of events, and it all

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Speaker 5: kind of speaks to the President's effort, of course, in

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Speaker 5: the Middle East and in a lot of these conflict

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Speaker 5: situations to try to be the peacemaker and to bring

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Speaker 5: some sort of deal to the situation.

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Speaker 1: That is Bloomberg's Michelle jem Risco. Now, President Ala Shara

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Speaker 1: has pledged to join a US led coalition to defeat

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Speaker 1: the Islamic State. So the relief of sanctions, combined with

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Speaker 1: cooperation on counter terrorism suggests improved ties between Washington and Damascus.

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Speaker 1: The Food and Drug Administration will remove a boxed warning

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Speaker 1: from hormone based menopause drugs about stroke, heart attack, dementia,

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Speaker 1: and other serious risk The change has been supported by

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Speaker 1: some doctors, including FDA Commissioner Marty McCarey. And he called

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Speaker 1: the current labeling outdated and unnecessary. Here is Health and

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Speaker 1: Human Services Secretary Robert F. Kennedy Junior making the announcement.

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Speaker 6: After a thorough, evidence based review of decades of scientific data,

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Speaker 6: an expert ban, and public testimony, the FDA is announcing

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Speaker 6: today that it will remove the misleading black box warnings

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Speaker 6: from all HRT products.

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Speaker 1: That was HHS Secretary Robert F. Kennedy Junior. Now, other

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Speaker 1: doctors have expressed concerns that the process leading to this

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Speaker 1: decision was flawed and it lacked transparency. And that is

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

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Speaker 1: Doug Prisner, and this is Bloomberg