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Speaker 1: News when you wanted. With Bloomberg News Now, I'm Brian Curtis.

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Speaker 1: In Hong Kong dock workers have reached a tentative agreement

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Speaker 1: on wages with the US Maritime Alliance. The strike will

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Speaker 1: be suspended until January fifteenth, with the dock workers set

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Speaker 1: to return to work immediately. Bloomberg's Kate Davidson has more

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Speaker 1: on the agreement.

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Speaker 2: One of the things that they wanted, we're greater protections

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Speaker 2: against the kind of automation that we've seen at ports

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Speaker 2: on the West coast, and so that was a real

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Speaker 2: sticking point. This tentative agreement doesn't address that, but it

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Speaker 2: does go some way toward addressing some of the wage demands.

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Speaker 2: So they've agreed, as you said, to a temporary deal

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Speaker 2: that would at least allow them to start moving cargo again,

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Speaker 2: and that was under some fairly intense pressure from the

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Speaker 2: White House, I think over the past few days, and

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Speaker 2: so in the meantime between now and January fifteenth, I

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Speaker 2: have to keep working on that broader contract agreement.

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Speaker 1: Acting Secretary of Labor Julie Sue says the deal shows

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Speaker 1: that collective bargaining works. The agreement will give the two

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Speaker 1: sides time to negotiate a new contract. Israel has once

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Speaker 1: again bombed Hesbelat targets in Lebanon. That's even as G

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Speaker 1: seven nations worn against an uncontrolled cycle of escalation in

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Speaker 1: the Middle East. Bloomberg's Amy Morris reports from Washington.

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Speaker 3: Israel's Prime minister has promised a swift response to Iran's

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Speaker 3: missile attack, but it's still not clear when and to

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Speaker 3: what extent. Deputy Pentagon Press Secretary Sabrina Singh says US

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Speaker 3: officials are in touch with their Israeli counterparts.

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Speaker 2: Any response from Israel to Iran, we will be part

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Speaker 2: of those discussions.

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Speaker 3: The US and its allies have been working to shape

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Speaker 3: Israel's reaction. The G seven issued a statement calling on

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Speaker 3: regional countries to quote act responsibly and with restraint. It

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Speaker 3: urged an immediacy spire in the Gaza Strip voiced concerns

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Speaker 3: about the situation in Lebanon and cites the need for

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Speaker 3: a cessation of hostilities as soon as possible. In Washington,

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Speaker 3: Amy Morris Bloomberg Radio.

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Speaker 1: Oil surged as markets braced for possible Israe Raley strikes

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Speaker 1: on Iran's oil industry. Comments from President Biden appeared to

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Speaker 1: suggest that the US is considering support for Israeli attacks.

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Speaker 1: WTI soared about five percent to around seventy three dollars

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Speaker 1: seventy cents a barrel. In other news, Hurricane Helene's death

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Speaker 1: toll has reached two hundred after Georgia and North Carolina

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Speaker 1: reported more fatalities. North Carolina Republican Congressman Greg Murphy says

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Speaker 1: hurricane damage in the mountains is different from the coastal areas.

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Speaker 1: North Carolina Republican Congressman Greg Murphy in.

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Speaker 4: The mountains, it's an entirely different issue because fifty acres

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Speaker 4: of land out here is flat. Fifty acres of land

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Speaker 4: in the mountains gives you a V shape. The water

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Speaker 4: comes down very very quickly and with great velocity, comes

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Speaker 4: and pushes things through. So while we have damage that sustained,

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Speaker 4: theirs is immedia. And you know, from the air you

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Speaker 4: see one side of a mountain okay, other side where

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Speaker 4: there's landslide and literally houses, businesses, anything that was anywhere

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Speaker 4: near a creek or a gone.

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Speaker 1: In other news, the NFL is said to be in

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Speaker 1: talks with Skydance Media and one of its major investors,

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Speaker 1: Redbird Capital, sources say that talks could include a sale

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Speaker 1: of NFL Media and its NFL Network cable channel, or

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Speaker 1: perhaps an acquisition by Paramount Global of the league's interest

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Speaker 1: in Skydance Sports. Meantime, Paramount holds rights to broadcast NFL games.

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Speaker 1: It's in the process of merging with Skydance and is

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Speaker 1: expected to close next year. Toyota Motor will refocus DEI

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Speaker 1: programs and halt sponsorship of LGBTQ events. It said that

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Speaker 1: it will narrow the company's community activities to align with

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Speaker 1: STEM education and workforce readiness. The note comes a week

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Speaker 1: after anti DEI activist Robbie Starbuck started a social media

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Speaker 1: campaign against the company. He called for customer boycotts because

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Speaker 1: of support for LGBTQ events and other initiatives. Toyota is

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Speaker 1: a ung a handful of companies that Starbuck has targeted

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Speaker 1: in recent months for their woke policies. Harley Davidson, Loewe's Companies,

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Speaker 1: and Ford Motor said that they would curb their DEI efforts,

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Speaker 1: including scaling back programs directed at LGBTQ groups. That's news

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

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Speaker 1: This is Bloomberg