WEBVTT - New Orleans Attack, Cybertruck Explosion Raise Security Fears    

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>Good morning, I'm Nathan Hager and I'm Karen Moscow. Here

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<v Speaker 2>are the stories we're following today.

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<v Speaker 3>Karen, we begin with a pair of incidents that are

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<v Speaker 3>putting national security back in the spotlight at the start

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<v Speaker 3>of the year. First in New Orleans, where a man

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<v Speaker 3>drove a rented pickup truck into a crowd of New

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<v Speaker 3>Year's revelers in the French Quarter. At least fifteen people

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<v Speaker 3>were killed, dozens more wounded. This man says he witnessed

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<v Speaker 3>the rampage trek.

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<v Speaker 2>Hates the corner and comes barreling through people, throwing people

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<v Speaker 2>like like a movie scene, like real.

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<v Speaker 4>Life, throwing people into the air, they falling.

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<v Speaker 5>Under the car.

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<v Speaker 3>The driver was killed in a shootout with police. He's

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<v Speaker 3>been identified as shamsudn Jabbar, a forty two year old

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<v Speaker 3>Army veteran from Texas. Alithia Duncan is the Assistant Special

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<v Speaker 3>Agent in charge of the FBI's New Orleans Field Office.

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<v Speaker 4>We do not believe the.

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<v Speaker 3>Javar was slowly responsible.

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<v Speaker 1>We're aggressively running down every lead, including those of his

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<v Speaker 1>known associates.

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<v Speaker 3>FBI Special Agent Aalithia Duncan says authorities found an Islamic

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<v Speaker 3>state flag in the pickup truck, along with two improvised

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<v Speaker 3>explosive devices. She says more potential IEDs were found in

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<v Speaker 3>the French quarter. This attack happened hours before the Sugar

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<v Speaker 3>Bowl was set to kick off at the Caesars super

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<v Speaker 3>Dome in New Orleans. That game has been postponed to

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<v Speaker 3>today well Nathan.

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<v Speaker 2>Hours after the New Orleans attack, an incident in Las

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<v Speaker 2>Vegas piled onto the security concerns. A Tesla cyber truck

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<v Speaker 2>pulled up to the Trump Las Vegas Hotel and exploded,

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<v Speaker 2>killing the driver and injuring seven others. Kevin mcmayhill as

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<v Speaker 2>the Las Vegas sheriff.

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<v Speaker 6>It pulled right up to the glass entrance doors of

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<v Speaker 6>the hotel. We saw that smoke start showing from the

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<v Speaker 6>vehicle and then a large explosion from the truck occurs.

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<v Speaker 2>Sheriff mcmayhill says fuel canisters and fireworks more are found

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<v Speaker 2>inside the cyberg truck. Tesla CEO Elon Musk says the

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<v Speaker 2>company has confirmed the blast was not caused by the

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<v Speaker 2>vehicle itself, and he's suggesting it could be linked to

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<v Speaker 2>the New Orleans attack. President Biden says law enforcement is

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<v Speaker 2>probing both incidents, and he sent a message to the

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<v Speaker 2>people of New Orleans.

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<v Speaker 7>To all the families of those are killed, to all

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<v Speaker 7>those are injured, to all the people of New Leans.

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<v Speaker 7>We're grieving today. I want you to know I agrieve

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<v Speaker 7>with you. Our nation grieves with you.

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<v Speaker 2>President Biden addressed the nation last night from Camp David

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<v Speaker 2>think Care.

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<v Speaker 3>And both incidents come less than three weeks before Donald

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<v Speaker 3>Trump is sworn in as president. We get more on

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<v Speaker 3>the President elect's reaction from Bloomberg Television Managing editor Miles Miller.

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<v Speaker 4>President, like Donald Trump, who takes office on January twentieth,

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<v Speaker 4>Calby's attacks an urgent reminder of the need for robust

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<v Speaker 4>national security. Of course, the FBI is probing both of

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<v Speaker 4>these crime scenes, and Donald Trump has pledged to replace

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<v Speaker 4>the FBI director, who's already nominated someone to be Homeland

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<v Speaker 4>Security chief. But this highlights the need for robust domestic security.

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<v Speaker 4>When we talk about everything from homegrown terrorism to attacks

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<v Speaker 4>from ISIS and the like. This threat of homegrown terrorism

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<v Speaker 4>is not new.

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<v Speaker 3>Bloomberg Television Managing editor Miles Miller says President elect Trump

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<v Speaker 3>also used the incident to a sale crime and border security,

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<v Speaker 3>suggesting before the suspect was identified as an American Army vet,

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<v Speaker 3>that he may have been a migrant.

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<v Speaker 2>Well, we turned to the markets now, Nathan, and it

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<v Speaker 2>wasn't such a great beginning for stocks in Asia. In fact,

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<v Speaker 2>Chinese stocks say their worse start to a year and

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<v Speaker 2>nearly a decade. We get more from Bloomberg Markets reporter

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<v Speaker 2>Mark Cranfield in Singapore.

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<v Speaker 8>A little surprising in some respects when all the effort

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<v Speaker 8>the Chinese authorities were making towards the end of last

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<v Speaker 8>year to remind investors about all the stimulus they're doing

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<v Speaker 8>and all the positive aspects in terms of trying to

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<v Speaker 8>promote growth in twenty twenty five, and yet here we

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<v Speaker 8>are with little sign that they're doing anything today, and

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<v Speaker 8>even a speech from President Seaging Ping at the end

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<v Speaker 8>of last year doesn't seem to have rallied the market

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<v Speaker 8>at all.

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<v Speaker 2>And Bloomberg's Mark Cranfield says stocks in China plunged two

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<v Speaker 2>point nine percent in Hong Kong's Hang Sing Index led

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<v Speaker 2>two point two percent.

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<v Speaker 3>Nice for US markets, Karen futures are higher as we

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<v Speaker 3>kick off the new year following gains of twenty four

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<v Speaker 3>percent for the S and P five hundred and twenty

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<v Speaker 3>twenty four for more. Let's bring in Bloomberg's John Tucker. Though, John,

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<v Speaker 3>we did end the year on something of a sour no,

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<v Speaker 3>didn't we?

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<v Speaker 9>Yeah, good morning, Nathan. A four day slump in fact

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<v Speaker 9>marked the end of twenty twenty four. But keep in mind, Nathan,

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<v Speaker 9>the period known for the so called Santa Claus rallies

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<v Speaker 9>also includes the first two trading days of the year,

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<v Speaker 9>So not over just yet. Now, last year did mark

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<v Speaker 9>the best two year run for the S and P

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<v Speaker 9>five hundred since the late nineteen nineties. The magnificent seven

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<v Speaker 9>megacaps power to surge of more than fifty percent of

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<v Speaker 9>the benchmark index since the start of twenty twenty three.

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<v Speaker 9>That was amid enthusiasm, of course, around artificial intelligence at

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<v Speaker 9>AI arling in Vidia was up for the year one

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<v Speaker 9>hundred seventy nine percent. So what's ahead? Looking forward? There's

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<v Speaker 9>at least one key for portfolio manager Matt Stuckey at

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<v Speaker 9>Northwestern Mutual.

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<v Speaker 10>The path of interest rates and the level of interest

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<v Speaker 10>rates has really dictated winners and losers in the economy

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<v Speaker 10>as well as in the markets.

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<v Speaker 9>And investor is also waiting to see if the AI

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<v Speaker 9>story is going to broaden out to the rest of

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<v Speaker 9>the market. That would mean that earnings growth would be

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<v Speaker 9>supported not just by the mag seven but also other

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<v Speaker 9>sectors of the S and P five hundred. You know

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<v Speaker 9>yourcom John Tucker, Bloomberg.

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<v Speaker 2>Radio, All right, John, thank you. About twenty twenty four

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<v Speaker 2>was one of the best years for cryptocurrencies on record,

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<v Speaker 2>led by regulatory approval for spot bitcoin ETF and President

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<v Speaker 2>Elect Trump's win. In fact, bitcoin rallied one hundred and

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<v Speaker 2>twenty percent last year. We're checking bitcoin right now it

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<v Speaker 2>is higher, up one point nine percent at ninety six

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<v Speaker 2>five hundred dollars.

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<v Speaker 3>And gold's edging higher as well, Karen, after notching its

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<v Speaker 3>biggest annual gain since twenty ten. It searched twenty seven

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<v Speaker 3>percent in twenty two twenty four Traders assessing prospects for

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<v Speaker 3>a slower pace of monetary easing by the Fed in

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<v Speaker 3>twenty twenty five, and checking gold right now, it is

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<v Speaker 3>hired by about two tenths of one percent at twenty

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<v Speaker 3>six hundred and forty five dollars and ninety cents pronounce,

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<v Speaker 3>and it's time.

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<v Speaker 2>Now for a look at some of their stories making

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<v Speaker 2>news in New York and around the world. And for

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<v Speaker 2>that we're joined by Bloomberg's Michael Barr. Happy New Year, Michael.

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<v Speaker 11>Happy New Year to you, Karen. The New York Police

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<v Speaker 11>Department says that it was not a terrorist attack after

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<v Speaker 11>ten people were shot outside of Jamaica Queen's nightclub on

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<v Speaker 11>New Year's Day. It was believed to be a private

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<v Speaker 11>event with dozens inside. Police said several males walk toward

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<v Speaker 11>the venue and opened fire in the direction of a

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<v Speaker 11>group standing in line outside the event. In my PD,

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<v Speaker 11>Chief of Patrol Philip Rivera spoke to ABC seven, there's.

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<v Speaker 6>Zero tolerance for these senseless shootings, these horrible acts of

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<v Speaker 6>violence on our streets.

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<v Speaker 3>As old responsible for this crime will be apprehended.

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<v Speaker 11>And brought to justice. Chief Rivera says the victims were

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<v Speaker 11>between the ages of sixteen and twenty and are expected

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<v Speaker 11>to survive. A forty five year old man remains hospitalized

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<v Speaker 11>after being shoved onto the path of an oncoming subway

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<v Speaker 11>train in Manhattan. The victim remains in stable condition with

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<v Speaker 11>broken ribs and a fractured skull. This woman was in

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<v Speaker 11>the subway station and saw the incident. Unfold.

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<v Speaker 10>Something needs to be done. I don't know if it's

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<v Speaker 10>enhanced security in the subways, help for mentally ill people

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<v Speaker 10>in the streets. It was terrifying.

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<v Speaker 11>A twenty three year old from Brooklyn, Kamil Hawkins, has

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<v Speaker 11>been charged in the attack. At least three people were

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<v Speaker 11>killed in a fireworks explosion in a Honolulu area neighborhood

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<v Speaker 11>just before midnight on New Year's Eve. At least twenty

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<v Speaker 11>others were injured. Hawaii Governor Josh Green described the explosion

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<v Speaker 11>area as gruesome.

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<v Speaker 3>There's organic material from our loved ones on the windows

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<v Speaker 3>of the building, across the street and the cars. I mean,

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<v Speaker 3>that's what our first responders had to deal with.

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<v Speaker 11>Governor Green said that they will take steps to crack

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<v Speaker 11>down on the use of illegal fireworks. President Joe Biden

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<v Speaker 11>will give the second highest civilian award to Liz Cheney

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<v Speaker 11>and Benny Thompson, the lawmakers who led the congressional investigation

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<v Speaker 11>into the violent January sixth Capitol riot by Donald Trump supporters.

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<v Speaker 11>Trump has said both should be jailed. Biden will award

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<v Speaker 11>the Presidential Citizens Medal to twenty people today, including Americans

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<v Speaker 11>who fought for marriage equality. Former New York City Mayor

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<v Speaker 11>Rudy Giuliani is fighting to keep one gleaming set of

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<v Speaker 11>sports memorabilia in the family, Yankees World Series rings, bestowed

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<v Speaker 11>to him by the team's late owner, George Steinbrenner. It

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<v Speaker 11>comes as Giuliani has to satisfy at one hundred and

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<v Speaker 11>forty eight million dollar defamation verdict. Global News twenty four

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<v Speaker 11>hours a day and whenever you want it for the

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<v Speaker 11>Bloomberg News Now, Michael Barrn, this is Bloomberg. Karen.

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<v Speaker 2>All right, Michael barr thank you time now for the

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<v Speaker 2>Bloomberg Sports Update, brought to you by Tri State out

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<v Speaker 2>you and we bring in John stash Hour and a

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<v Speaker 2>happy New Year to you as well.

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<v Speaker 5>John, and to you Karen as well, thanks to New

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<v Speaker 5>Year's Day. College football playoff quarterfinals had an epic thriller,

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<v Speaker 5>a blowout, and a postponed with a Sugar Bowl Georgia

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<v Speaker 5>Notre Dame. Instead, we played today starting at four, postponed

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<v Speaker 5>after the tragedy that took place in New Orleans. Today

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<v Speaker 5>began with the Peach Bowl in Atlanta. Furious comeback by

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<v Speaker 5>Arizona State Sun Devils trailed heavily favorite Texas by sixteen

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<v Speaker 5>points with six and happiness to go. Regulation ended with

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<v Speaker 5>two Arizona State touchdowns, two two point conversions, and two

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<v Speaker 5>Texas missed field goals.

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<v Speaker 11>Won on the last play that went off.

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<v Speaker 5>The upright in Arizona State was looking good at overtime,

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<v Speaker 5>having scored and having forced Texas into a fourth and long.

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<v Speaker 9>Ready to take the snap. Has the snap four to

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<v Speaker 9>thirteen yours looking fires. He's got golden opening peak on

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<v Speaker 9>touchdowns exist two golden strikes again tonight forty.

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<v Speaker 8>Down fourteen to the love one scoring.

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<v Speaker 5>Touchdowns Miirfield Radio. Then they scored on the first play

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<v Speaker 5>of the second ot and an interception sealed the Texas

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<v Speaker 5>win thirty nine thirty one. At the Rose Bowl, Ohio

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<v Speaker 5>State scored a min and a and led thirty four

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<v Speaker 5>to nothing. Went on to wall up top seat at

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<v Speaker 5>Oregon forty one twenty one. So it'll be Texas against

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<v Speaker 5>Ohio State in the semifinals a week from tomorrow in Dallas.

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<v Speaker 5>The next back of the Guard, they beat Utah one

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<v Speaker 5>nineteen one oh three. They've now won nine in a row.

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<v Speaker 5>Jalen Brunson set out with an injured calf, so Karl

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<v Speaker 5>Anthony Town stepped up thirty one points, twenty one rebounds.

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<v Speaker 5>Then that's lost in Toronto, won thirty to one thirteen.

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<v Speaker 5>The Devil's got shut out in La three nothing. When

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<v Speaker 5>the Giants closed out the season Sunday in Philadelphia, they

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<v Speaker 5>will not face their old friend Saquon Barkley. The Eagles

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<v Speaker 5>don't want to risk an injury before the playoffs, so

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<v Speaker 5>Barkley will fall one hundred and one yards short of

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<v Speaker 5>the all time single season rushing records still held by

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<v Speaker 5>Eric Dickerson back in nineteen eighty four. John stashewa Bloomberg

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<v Speaker 5>Sports Karen and Nathan.

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<v Speaker 1>Coast to coast on Bloomberg Radio nationwide on Sirius XM,

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<v Speaker 1>and around the world on Bloomberg dot Com and the

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<v Speaker 1>Bloomberg Business app. This is Bloomberg Daybreak.

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<v Speaker 3>Good morning, I'm Nathan Hager. The new year is beginning

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<v Speaker 3>with new concerns about national security after a truck attack

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<v Speaker 3>in New Orleans and a cyber truck explosion outside the

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<v Speaker 3>Trump Hotel in Las Vegas within hours of each other.

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<v Speaker 3>On New Year's Day, President Biden is urging Americans not

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<v Speaker 3>to jump to conclusions, but he does say this, I know.

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<v Speaker 7>I can speak for all Americans, and I say our

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<v Speaker 7>hearts were the people in New Orleans after despicable attack

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<v Speaker 7>that occurred in early morning hours.

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<v Speaker 3>I'm President Biden, addressed the nation last night from Camp David.

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<v Speaker 3>This morning, were joined by Bloomberg News Senior editor Bill

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<v Speaker 3>Ferries for the latest on both these incidents. And first off, Bill,

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<v Speaker 3>the question that I think a lot of Americans are

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<v Speaker 3>asking you this morning is whether there's any indication that

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<v Speaker 3>these two incidents could be related.

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<v Speaker 9>Good morning, Hey.

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<v Speaker 10>Good morning, Nathan, Thanks for having me. Yeah, that is

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<v Speaker 10>one key area of investigation now. So far, authorities have

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<v Speaker 10>given us a lot more details about what happened in

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<v Speaker 10>New Orleans versus what took place in Las Vegas. It's

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<v Speaker 10>not clear at all if there is a connection. There

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<v Speaker 10>is one thing that we do know, and that the

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<v Speaker 10>vehicles in both of these attacks were rented from the

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<v Speaker 10>same app, Turo, which a lot of people use to

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<v Speaker 10>do short and long term car rentals directly from owners.

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<v Speaker 10>That may or may not really mean anything. At this point.

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<v Speaker 10>What investigators are saying is that the suspect in the

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<v Speaker 10>attack in New Orleans, he was a forty two year

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<v Speaker 10>old Army veteran and American. He did appear to have

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<v Speaker 10>some explosive devices in his vehicle. There are also reports

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<v Speaker 10>from officials that there were potential explosive devices found elsewhere

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<v Speaker 10>in the French quarter there in New Orleans. The suspect

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<v Speaker 10>also had a flag showing support for Islamic State. President

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<v Speaker 10>Biden said he had recorded that the suspect had recorded

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<v Speaker 10>a video showing support for Islamic State as well before

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<v Speaker 10>the attack. But we don't know if there's really any

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<v Speaker 10>connection to what we saw happen outside that Trump hotel

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<v Speaker 10>in Las Vegas just a few hours later.

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<v Speaker 3>Well, let's talk a little bit more about what we

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<v Speaker 3>do know about this suspect. You mentioned the Islamic State

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<v Speaker 3>flag and improvised explosive devices found in his truck, But interestingly,

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<v Speaker 3>he was also an American Army veteran. I mean, what

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<v Speaker 3>does that tell you.

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<v Speaker 10>Yeah, there was a post from you know, President elect

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<v Speaker 10>Donald Trump soon after the attack saying that, you know,

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<v Speaker 10>suggesting that maybe this was someone who had come into

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<v Speaker 10>the country illegally. What we do know so far, as

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<v Speaker 10>you said, forty two year old Army veteran from Texas

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<v Speaker 10>who died at the sea, possibly in a shootout with

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<v Speaker 10>police there. It sounds like there is a report of

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<v Speaker 10>the New York Times that that the suspect, Shampsu den Jabbar,

0:14:10.520 --> 0:14:14.520
<v Speaker 10>did some did a tour of with with the military

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<v Speaker 10>in Afghanistan. We don't have a lot of other details.

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<v Speaker 10>In particular, officials have said that there he may have

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<v Speaker 10>had some help. We don't know that for sure yet.

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<v Speaker 10>They're talking to acquaintances, They've gone taken the investigation back

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<v Speaker 10>to Houston to look to see if there are any

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<v Speaker 10>leads there, and they're calling on the public for any

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<v Speaker 10>any help the public can provide in terms of what

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<v Speaker 10>may have been going on in this person's life, what

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<v Speaker 10>they may have been talking about recently, what led up

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<v Speaker 10>to all of this tragic evening.

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<v Speaker 3>And in terms of the cyber truck explosion in Las Vegas,

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<v Speaker 3>you mentioned that there's a lot more detail that we

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<v Speaker 3>seem to know about the New Orleans incident. But what's

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<v Speaker 3>the latest of what investigators have learned in Las Vegas.

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<v Speaker 10>Well, inves they're tracking some of the closed circuit TV

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<v Speaker 10>from around the area. There's reports that the cyber truck

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<v Speaker 10>may have driven by the Trump Hotel about an hour

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<v Speaker 10>before it pulled up right in front. Video that police

0:15:14.680 --> 0:15:19.360
<v Speaker 10>released from that attack or incident. Show smoke coming out

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<v Speaker 10>of the cyber truck ahead of an explosion, and then

0:15:22.920 --> 0:15:26.240
<v Speaker 10>after that explosion takes place, after that fire kind of

0:15:26.320 --> 0:15:29.920
<v Speaker 10>envelops the vehicle. You see fireworks exploding all over the place.

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<v Speaker 10>We don't yet know if there was a bomb that

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<v Speaker 10>went off or if it was some other kind of

0:15:36.200 --> 0:15:41.280
<v Speaker 10>explosive massive amount of fireworks. We're not sure beyond that

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<v Speaker 10>what happened, but certainly terrorism is something that officials are

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<v Speaker 10>looking at at this point.

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<v Speaker 2>Dabray