1 00:00:01,880 --> 00:00:04,680 Speaker 1: News when you want it. With Bloomberg News Now, I'm 2 00:00:04,680 --> 00:00:08,400 Speaker 1: Brian Curtis in Los Angeles. Main Secretary of State has 3 00:00:08,480 --> 00:00:12,559 Speaker 1: removed Donald Trump from the Republican primary ballot. Bloomberg's Ed 4 00:00:12,600 --> 00:00:13,440 Speaker 1: Baxter has the. 5 00:00:13,400 --> 00:00:17,840 Speaker 2: Story Secretary of State Shenna Bellows is using the insurrection 6 00:00:18,000 --> 00:00:22,640 Speaker 2: clause to become the first election official to take unilateral action. 7 00:00:23,239 --> 00:00:26,479 Speaker 2: Bello says insurrection for his activities in the January sixth 8 00:00:26,560 --> 00:00:30,680 Speaker 2: election overturned riots. The Trump campaign says it will appeal in. 9 00:00:30,760 --> 00:00:34,120 Speaker 2: Former Congressman John Katko says it should go to the top. 10 00:00:34,280 --> 00:00:36,640 Speaker 3: It's got to go to Supreme Court. Several states and 11 00:00:36,720 --> 00:00:39,360 Speaker 3: now I had this ruined. So the Supreme Court's going 12 00:00:39,400 --> 00:00:42,480 Speaker 3: to set the parameters of what we do in situationally 13 00:00:42,640 --> 00:00:43,560 Speaker 3: like this going forward. 14 00:00:43,680 --> 00:00:45,800 Speaker 2: Yeah, So the US Supreme Court should have a number 15 00:00:45,840 --> 00:00:48,320 Speaker 2: of cases now from which to choose on the issue 16 00:00:48,520 --> 00:00:50,000 Speaker 2: at Baxter Bloomberg Radio. 17 00:00:50,640 --> 00:00:55,480 Speaker 1: Meantime, Republican presidential candidate Nikki Hayley is doing some damage control. 18 00:00:55,800 --> 00:00:58,760 Speaker 1: That's after she failed to mention slavery as the cause 19 00:00:58,800 --> 00:01:01,280 Speaker 1: of the Civil War when she was quizzed at a 20 00:01:01,280 --> 00:01:04,560 Speaker 1: forum in New Hampshire last night. This morning, she appeared 21 00:01:04,560 --> 00:01:07,240 Speaker 1: on the radio program The Pulse of New Hampshire and 22 00:01:07,280 --> 00:01:10,760 Speaker 1: addressed what some see as a gaff. Haley admits on 23 00:01:10,800 --> 00:01:13,600 Speaker 1: the Pulse of New Hampshire radio show that the Civil 24 00:01:13,640 --> 00:01:15,399 Speaker 1: War was about slavery. 25 00:01:15,840 --> 00:01:17,400 Speaker 4: Yes, I know it was about slavery. 26 00:01:17,400 --> 00:01:19,880 Speaker 2: I'm from the South, of course, you know it's about slavery. 27 00:01:20,200 --> 00:01:22,080 Speaker 3: But let's go to the second point of this. 28 00:01:22,480 --> 00:01:25,640 Speaker 4: The second point of this is why did this happen? 29 00:01:26,520 --> 00:01:30,560 Speaker 1: That's Nikki Haley. Physicians groups are pushing Congress to reverse 30 00:01:30,600 --> 00:01:33,920 Speaker 1: impending cuts to their Medicare pay in the new year. 31 00:01:34,319 --> 00:01:36,520 Speaker 1: Bloomberg's Amy Morris with details. 32 00:01:37,200 --> 00:01:40,319 Speaker 4: Healthcare providers have urged Congress to prevent cuts that go 33 00:01:40,360 --> 00:01:44,440 Speaker 4: into effect January first, which they say will eventually limit 34 00:01:44,520 --> 00:01:48,920 Speaker 4: everyone's access to doctors, particularly the elderly. Hospitals are worried 35 00:01:48,960 --> 00:01:51,000 Speaker 4: they won't be able to hire more doctors in twenty 36 00:01:51,040 --> 00:01:54,240 Speaker 4: twenty four, which means they'll have to rely more on staff. 37 00:01:54,600 --> 00:01:58,800 Speaker 4: The American Medical Association and other organizations have made reversing 38 00:01:58,800 --> 00:02:02,320 Speaker 4: these cuts a major price. Some are advocating for a 39 00:02:02,400 --> 00:02:07,240 Speaker 4: long term solution, comprehensive Medicare physician payment reform. Amymore as 40 00:02:07,280 --> 00:02:08,400 Speaker 4: Bloomberg Radio. 41 00:02:08,440 --> 00:02:12,639 Speaker 1: SpaceX's powerful Falcon heavy rocket has lofted a secretive spaceplane 42 00:02:12,639 --> 00:02:15,679 Speaker 1: for the US Space Force from Florida. It's the first 43 00:02:15,760 --> 00:02:18,120 Speaker 1: time the rocket has been used to send the Boeing 44 00:02:18,200 --> 00:02:22,520 Speaker 1: built experimental spacecraft into orbit. The launch also marked the 45 00:02:22,560 --> 00:02:26,280 Speaker 1: start of the seventh mission for the Space Force's secretive spaceplane, 46 00:02:26,560 --> 00:02:30,000 Speaker 1: the X thirty seven B. It's not fully clear yet 47 00:02:30,120 --> 00:02:32,919 Speaker 1: what the X thirty seven B actually does while in orbit, 48 00:02:33,320 --> 00:02:36,440 Speaker 1: but the Space Force says it will expand the USSF's 49 00:02:36,560 --> 00:02:41,680 Speaker 1: knowledge of the space environment for future space domain awareness technologies. 50 00:02:42,480 --> 00:02:45,400 Speaker 1: Nvidia is selling a less advanced version of a gaming 51 00:02:45,520 --> 00:02:48,919 Speaker 1: chip to its China customers. The version for the China 52 00:02:48,960 --> 00:02:53,639 Speaker 1: market has about ten percent fewer processing cores than sold elsewhere. 53 00:02:53,840 --> 00:02:56,920 Speaker 1: That's after the government the US government tightened restrictions on 54 00:02:56,960 --> 00:02:58,560 Speaker 1: what the company can market there. 55 00:02:58,720 --> 00:03:04,200 Speaker 3: Here's Bloomberg's ian K the DX forty ninety that was 56 00:03:04,320 --> 00:03:06,639 Speaker 3: the top of the range there actually fell a foul 57 00:03:06,800 --> 00:03:09,600 Speaker 3: of the general rules that the US has put in 58 00:03:09,639 --> 00:03:11,680 Speaker 3: place for what in Video has done to try to 59 00:03:11,680 --> 00:03:15,160 Speaker 3: poltate them has come up with a different version of 60 00:03:15,200 --> 00:03:18,160 Speaker 3: that top of the range gaming chip. The rules are 61 00:03:18,160 --> 00:03:21,840 Speaker 3: intended to hurt this AI market, but that's had the 62 00:03:21,919 --> 00:03:25,320 Speaker 3: sort of an unintended consequence of influence in the gamers' tips. 63 00:03:26,320 --> 00:03:29,880 Speaker 1: Nvidia CEO Jensen Huang says in video will conform with 64 00:03:30,120 --> 00:03:34,280 Speaker 1: US export curves. Huawei has reported revenue of nearly one 65 00:03:34,360 --> 00:03:37,760 Speaker 1: hundred billion dollars. That's the fastest pace of growth in years, 66 00:03:38,200 --> 00:03:41,920 Speaker 1: and it's thanks to a resurgent smartphone business and robust 67 00:03:42,080 --> 00:03:45,920 Speaker 1: five G equipment sales. But Huawei is warning of the 68 00:03:46,040 --> 00:03:50,480 Speaker 1: dangers that Washington and a volatile global economy might pose. 69 00:03:50,680 --> 00:03:55,200 Speaker 1: In twenty twenty four, initial applications for US unemployment benefits 70 00:03:55,280 --> 00:03:57,840 Speaker 1: ticked up in the week leading up to Christmas. First 71 00:03:57,920 --> 00:04:01,000 Speaker 1: time claims rose by twelve thousand to two hundred and 72 00:04:01,040 --> 00:04:04,400 Speaker 1: eighteen thousand. That's still at a level consistent with a 73 00:04:04,480 --> 00:04:08,840 Speaker 1: resilient labor market. Here's Laura Raim, chief US economist at 74 00:04:09,000 --> 00:04:09,920 Speaker 1: FS Investments. 75 00:04:10,640 --> 00:04:14,600 Speaker 5: While they are concerns about the labor market renormalizing, or 76 00:04:14,720 --> 00:04:17,320 Speaker 5: people are starting to talk about tracks in the labor market, 77 00:04:17,640 --> 00:04:20,720 Speaker 5: when I look at this indicator, I see companies still 78 00:04:21,240 --> 00:04:23,360 Speaker 5: really eager to hold on to workers. 79 00:04:23,839 --> 00:04:27,159 Speaker 1: First time claim figures tend to be volatile around the holidays. 80 00:04:27,560 --> 00:04:30,920 Speaker 1: The four week moving average was little changed at two 81 00:04:31,000 --> 00:04:34,280 Speaker 1: hundred twelve thousand last week. And that's news when you 82 00:04:34,400 --> 00:04:37,720 Speaker 1: want it. With Bloomberg News Now, I Brian Curtis, This 83 00:04:38,120 --> 00:04:38,719 Speaker 1: is Bloomberg