1 00:00:01,280 --> 00:00:04,280 Speaker 1: News when you want it with Bloomberg News Now I'm 2 00:00:04,360 --> 00:00:07,480 Speaker 1: in Kalgi. President Biden signed a short term spending bill 3 00:00:07,520 --> 00:00:10,799 Speaker 1: Friday to avert a government shutdown. During a White House briefing, 4 00:00:10,840 --> 00:00:14,200 Speaker 1: Press Secretary Karin John Pierre pressed Republicans to work on 5 00:00:14,240 --> 00:00:15,840 Speaker 1: a long term spending plan. 6 00:00:16,120 --> 00:00:19,480 Speaker 2: House Republicans must finally do their jobs and work across 7 00:00:19,520 --> 00:00:22,800 Speaker 2: the aisle to pass full year funding bills that deliver 8 00:00:22,920 --> 00:00:26,600 Speaker 2: for the American people and address urgent domestic and national 9 00:00:26,600 --> 00:00:30,920 Speaker 2: security priorities by passing the president's supplemental request. 10 00:00:31,240 --> 00:00:34,240 Speaker 1: That's White House Press Secretary Karin Jean Pierre. The bill 11 00:00:34,280 --> 00:00:37,440 Speaker 1: will fund the government into March. At a rounding Friday 12 00:00:37,479 --> 00:00:41,000 Speaker 1: night in New Hampshire, former Republican presidential candidate Tim Scott, 13 00:00:41,080 --> 00:00:44,560 Speaker 1: Senator from South Carolina, endorsed former President Donald Trump of 14 00:00:44,640 --> 00:00:48,680 Speaker 1: the party's nomination. Scott joins vivek Ramaswami and North Dakota 15 00:00:48,720 --> 00:00:52,239 Speaker 1: Governor Doug Bergaman, becoming the third former Republican candidate to 16 00:00:52,360 --> 00:00:56,000 Speaker 1: endorse Trump this week. A grand jury has indicted Alec 17 00:00:56,080 --> 00:00:59,680 Speaker 1: Baldwin on Friday on an involuntary manslaughter charge in e 18 00:00:59,720 --> 00:01:02,200 Speaker 1: T one T twenty one fatal shooting during a rehearsal 19 00:01:02,200 --> 00:01:05,440 Speaker 1: on a movie set in New Mexico. Special prosecutors brought 20 00:01:05,440 --> 00:01:07,600 Speaker 1: the case before a grand jury and Santa Fe this week, 21 00:01:07,640 --> 00:01:10,080 Speaker 1: months after receiving a new analysis of the gun that 22 00:01:10,240 --> 00:01:13,160 Speaker 1: was used. Baldwin, the lead actor and a co producer 23 00:01:13,200 --> 00:01:15,720 Speaker 1: on the western movie Rust, was pointing a gun at 24 00:01:15,760 --> 00:01:19,160 Speaker 1: cinematographer Helena Hutchins during a rehearsal on the movie set 25 00:01:19,440 --> 00:01:22,520 Speaker 1: outside Santa Fe in October twenty one, when the gun 26 00:01:22,560 --> 00:01:26,480 Speaker 1: went off, killing her and wounding director Joel Souza. Baldwin 27 00:01:26,560 --> 00:01:28,920 Speaker 1: has said he pulled back the hammer but not the trigger, 28 00:01:29,120 --> 00:01:32,680 Speaker 1: and the gun fired. President Biden is making another move 29 00:01:32,720 --> 00:01:35,880 Speaker 1: to forgive student debt asy ramps up his re election campaign. 30 00:01:36,120 --> 00:01:38,680 Speaker 1: Bloomberg's Nathan Hager reports from Washington. 31 00:01:38,920 --> 00:01:42,400 Speaker 3: The Biden administration has announced another nearly five billion dollars 32 00:01:42,440 --> 00:01:45,880 Speaker 3: in debt relief, covering nearly seventy four thousand student borrowers. 33 00:01:46,080 --> 00:01:48,760 Speaker 3: The move comes a day after nearly seventy groups wrote 34 00:01:48,760 --> 00:01:52,559 Speaker 3: to Education Secretary Miguel Cardona calling for more targeted relief 35 00:01:52,600 --> 00:01:55,559 Speaker 3: for low income borrowers, people of color, and those who've 36 00:01:55,600 --> 00:01:59,760 Speaker 3: experienced hardship. Poll's show President Biden's support has weakened, among 37 00:01:59,800 --> 00:02:03,160 Speaker 3: them black, Hispanic and young voters. He'll need to secure 38 00:02:03,160 --> 00:02:06,960 Speaker 3: a second term in Washington. I'm Nathan Hager Bloomberg Radio. 39 00:02:06,920 --> 00:02:10,080 Speaker 1: Jet Blues air Wings and Spirit Airlines fighting appeal to 40 00:02:10,120 --> 00:02:13,080 Speaker 1: federal judges ruling blocking their plan three point eight billion 41 00:02:13,160 --> 00:02:15,520 Speaker 1: dollar merger. In a last ditch effort to save a 42 00:02:15,520 --> 00:02:18,800 Speaker 1: deal that many analysts believe is dead, the carriers filed 43 00:02:18,840 --> 00:02:21,920 Speaker 1: the one sentence appeal that didn't specify any reasons for 44 00:02:22,000 --> 00:02:26,200 Speaker 1: the decision. The airlines earlier said US District Judge William G. 45 00:02:26,320 --> 00:02:28,880 Speaker 1: Young aired in siding with the federal government of the case, 46 00:02:29,240 --> 00:02:31,600 Speaker 1: and that the merger won't lead to higher ticket prices 47 00:02:31,680 --> 00:02:35,280 Speaker 1: or fewer choices for customers. Spirit had previously said the 48 00:02:35,280 --> 00:02:37,640 Speaker 1: deal was still in effect as it explores way to 49 00:02:37,680 --> 00:02:40,840 Speaker 1: shore up its liquidity. The News Guild said Friding in 50 00:02:40,840 --> 00:02:43,240 Speaker 1: a post on social media that the publisher of Sports 51 00:02:43,280 --> 00:02:47,440 Speaker 1: Illustrated magazine is planning to fire a significant number of employees, 52 00:02:47,480 --> 00:02:51,080 Speaker 1: including possibly all of its unionized staff. The layoffs are 53 00:02:51,120 --> 00:02:54,440 Speaker 1: tied to mounting financial problems at the company, Arena Group Holdings, 54 00:02:54,840 --> 00:02:57,160 Speaker 1: which is in default on a note from lenders and 55 00:02:57,200 --> 00:03:01,080 Speaker 1: on payments to Sports Illustrated owner Authentic Brands Group. Earlier 56 00:03:01,120 --> 00:03:03,360 Speaker 1: this month, Arena said it failed to make a quarterly 57 00:03:03,440 --> 00:03:06,640 Speaker 1: payment to Authentic. On Thursday, Arena set at a filing that 58 00:03:06,760 --> 00:03:11,840 Speaker 1: Authentic had terminated the Sports Illustrated licensing agreement effective immediately. 59 00:03:12,639 --> 00:03:16,160 Speaker 1: Microsoft set a Russian link hacking group attacked its corporate systems, 60 00:03:16,160 --> 00:03:19,440 Speaker 1: getting into a small number of email accounts, including those 61 00:03:19,440 --> 00:03:23,000 Speaker 1: of senior leadership and employees who work in cybersecurity and legal. 62 00:03:23,600 --> 00:03:26,639 Speaker 1: The company said it's acting immediately to fix older systems, 63 00:03:26,680 --> 00:03:29,840 Speaker 1: which will probably cause some disruption. The hacking group doesn't 64 00:03:29,840 --> 00:03:32,880 Speaker 1: appear to have access to customer systems or Microsoft servers 65 00:03:33,120 --> 00:03:36,720 Speaker 1: that run outward facing products, the software giant said this 66 00:03:36,760 --> 00:03:40,080 Speaker 1: Friday night blog post. Microsoft also has no evidence the 67 00:03:40,080 --> 00:03:43,800 Speaker 1: group named Midnight Blizzard got into source code or artificial 68 00:03:43,840 --> 00:03:47,560 Speaker 1: intelligence systems. And Madonna is being sued by a pair 69 00:03:47,600 --> 00:03:50,440 Speaker 1: of her fans who claimed the material Girl is falsely 70 00:03:50,520 --> 00:03:53,840 Speaker 1: promising a concert start time that she has repeatedly failed 71 00:03:53,880 --> 00:03:56,760 Speaker 1: to meet. The New York City residents accused Madonna, the 72 00:03:56,760 --> 00:03:59,680 Speaker 1: Barclays Center and Live Nation because all three of Madonna's 73 00:03:59,720 --> 00:04:03,440 Speaker 1: New York concerts started two hours late last month. The 74 00:04:03,600 --> 00:04:08,160 Speaker 1: suit accuses the defendants of unconscionable, unfair, endoor deceptive trade 75 00:04:08,200 --> 00:04:12,440 Speaker 1: practices in a lawsuit filed in Brooklyn Federal Court on Wednesday. 76 00:04:12,760 --> 00:04:16,000 Speaker 1: And you thought you had problems, that's news when you 77 00:04:16,040 --> 00:04:19,160 Speaker 1: want it with Bloomberg News. Now I made Keleggi and 78 00:04:19,360 --> 00:04:20,880 Speaker 1: this is Bloomberg