Speaker 1: News when you want it with Bloomberg News Now. I'm
Speaker 1: Dan Schwartzman. Iran will seek to bar US and Israeli
Speaker 1: ships from the Strait of Hormuz and require compensation from
Speaker 1: hostile countries before they're allowed to use it. Iran's FARS
Speaker 1: news agency has released details of the deal between Iran
Speaker 1: and Oman on passage through the strait. The deal reportedly
Speaker 1: says US and Israeli vessels and any related cargo, military
Speaker 1: or civilian, would be prohibited. Meantime, both the US and
Speaker 1: Iranian officials have been signaling in recent days that some
Speaker 1: kind of accord on Hormuz is close. President Trump spoke
Speaker 1: to reporters about the strait.
Speaker 2: It's sort of open right now. You know. We have
Speaker 2: a thing called the Blockade headed up by the US Navy,
Speaker 2: and we control it, and now we control it. But
Speaker 2: they can always shoot something. They always have something or
Speaker 2: drop a mind. And if you have one mind setting
Speaker 2: out there, you sort of mess things up because people
Speaker 2: don't want to take their billion dollar boats and accidentally
Speaker 2: get hit by a mind.
Speaker 1: That's President Trump. Separately, FARS said that Iranian naval forces
Speaker 1: head struck quote hostile targets at the entrance to the
Speaker 1: strait or hormoze. Oil prices climbed in stocks fell on
Speaker 1: Thursday's developments. President Trump signed a pair of executive orders
Speaker 1: aimed at denying citizenship to certain people born in the US.
Speaker 1: Bloomberg's Amy Morris, supporting from Washington.
Speaker 3: White House Deputy Chief of Staff Stephen Miller says one
Speaker 3: order targets so called birth tourism.
Speaker 4: The idea that people come here pretending to be a tourist,
Speaker 4: pretend to be a visitor, but the real reason they're
Speaker 4: here is to have a child, to make that child,
Speaker 4: as an automatic citizen, leave our country and then have
Speaker 4: a US citizen child. It gives them access out of
Speaker 4: this broken system to welfare benefits, ultimately to the voting booth.
Speaker 3: Those born to people deemed to be alien, enemies, foreign terrorists,
Speaker 3: and foreign agents would also be ineligible. The orders are
Speaker 3: almost certain to be challenged in court as a violation
Speaker 3: of the Fourteenth Amendment. In Washington, Amy Morris Bloomberg Radio, the.
Speaker 1: Trump administration is considering issuing an executive order on vaccines
Speaker 1: and autism as soon as next week. More details from
Speaker 1: Bloomberg's Matt Piper.
Speaker 5: The effort is prompted by President Trump's interest in seeing
Speaker 5: additional action when it comes to vaccines and autism. Options
Speaker 5: the administration is discussing include research initiatives encompassing both forward
Speaker 5: looking studies and backward looking analyzes. Scientific evidence has shown
Speaker 5: no link between autism and childhood vaccines, and decades of
Speaker 5: research has failed to identify a single cause of autism.
Speaker 5: Trump has previously pushed to pare down the number of
Speaker 5: vaccines recommended for children in New York. Matt Piper Bloomberg radio.
Speaker 1: Republican Senator Mitch McConnell of Kentucky has been discharged from rehab.
Speaker 1: McConnell has been absent from the Senate since June, when
Speaker 1: he suffered a fall at home. A statement from McConnell
Speaker 1: says that he'll continue his recovery and physical therapy at home.
Speaker 1: McConnell is not running for reelection. Kentucky Governor Andy Basheer
Speaker 1: has demanded more transparency from McConnell on his health and
Speaker 1: ability to return to the Senate. Meta has been ordered
Speaker 1: by a New Mexico judge to pay five hundred and
Speaker 1: sixty seven million dollars into an abatement fund to US
Speaker 1: harms to teenagers' mental health. The judge wrote in his
Speaker 1: opinion that Meta Quote knowingly designed its platforms to maximize engagement,
Speaker 1: including in ways that are harmful to teenagers, and does
Speaker 1: not adequately disclose the risks of harm to its users.
Speaker 1: Meta says it disagrees with the ruling and will appeal.
Speaker 1: Company spokesperson Andy Stone said in an ex post. The
Speaker 1: order is in addition to a three hundred and seventy
Speaker 1: five million dollars civil penalty imposed during the first phase
Speaker 1: of the trial, which focused on whether Meta's conduct violated
Speaker 1: New Mexico's Unfair Practices Act. Sweet Green cut its annual outlook.
Speaker 1: That's after the salad chain warned that diners are eating
Speaker 1: less fresh prepared foods following the cyclost Spora outbreak. The
Speaker 1: company now expects comparable sales to plummet by as much
Speaker 1: as eight percent this year. Here's Bloomberg's Michael Halen.
Speaker 5: It's a bigger problem for them because such a huge
Speaker 5: percentage of their sales comes from salad.
Speaker 2: But also Sweet Green has had a lot of problems coming.
Speaker 1: Into this right same story.
Speaker 3: Sales were falling mid single digits before Cyclospora, So I
Speaker 3: think overall it'll probably be short lived.
Speaker 1: That's Bloomberg's Michael Helen. Meantime, cases of cyclist Spora parasite
Speaker 1: infections in Michigan are declining and people can resume normal
Speaker 1: consumption of leafy greens. That word from the state's health
Speaker 1: department reported a downward trend in the number of diarrhea
Speaker 1: related to emergency department visits. It's no longer recommending that
Speaker 1: people avoid bag salad mixes. A new device from Opening
Speaker 1: Eye will have a unique look with moving parts in
Speaker 1: a donut shape. Here's Bloomberg's Mark German.
Speaker 6: Well, it's the same concept as a smart speaker, right.
Speaker 6: The only difference is that this smart speaker is battery
Speaker 6: powered and you can take it around your home with you,
Speaker 6: So it's essentially a mobile device for within the home
Speaker 6: and task automation and productivity. We'll see if consumers are
Speaker 6: willing to eat it up, but definitely there are privacy
Speaker 6: concerns with having something that is, you know, to an extent,
Speaker 6: has a camera always listening, has lights, speakers, microphones, etclue.
Speaker 1: Blomberg's Mark German. OpenAI Plans released the device in twenty
Speaker 1: twenty seven. President Trump has been speaking my phone with
Speaker 1: Kevin wors since he's become FED chair. Sources tell Bloomberg
Speaker 1: News that two have talked multiple times since Warsh was
Speaker 1: confirmed in May. One source says the president has asked
Speaker 1: about forecasts and opinions, but has not pushed for a
Speaker 1: specific course of action. It's not clear if they've discussed
Speaker 1: monetary policy meantime, The Financial Time supports fedshair. Kevin Worsh
Speaker 1: plans to stick to a strip back communication style with
Speaker 1: the public, but is ready to raise interest rates in
Speaker 1: September if inflation comes in hot in coming weeks. Worsh's
Speaker 1: scant details on tappling inflation sparked a treasury sell off
Speaker 1: after last month's meeting. More from Bloomberg's Michael McKee.
Speaker 7: One of the things that's happened is that people had
Speaker 7: at Wall Street have misunderstood a little bit of what
Speaker 7: Worsh is talking about. He wants to get rid of
Speaker 7: the forward guidance, such as we will keep this rate
Speaker 7: unchanged until we get to x date or x condition
Speaker 7: in the economy, versus if inflation continues to rise, we
Speaker 7: will have to consider what we're going to do, which
Speaker 7: is the reaction function, and those two things have gotten
Speaker 7: confused with people on Wall Street.
Speaker 1: That's Bloomberg's Mike McKee. It's primary night in Tennessee. In
Speaker 1: the US Senate race, the Associated Process called the Democratic
Speaker 1: primary for Marquisa Bradshaw. She'll face incumbent Republican Senator Bill
Speaker 1: Haggerty in the November general election. And in the governor's race,
Speaker 1: APS called the Republican primary for Senator Marsha Blackburn. Jerry
Speaker 1: Green has won the Democratic nomination. Blackburn and Green will
Speaker 1: now face each other in the November general election. And
Speaker 1: that's news when you want it. With Bloomberg News Now,
Speaker 1: I'm Dan Schwartzman, and this is Bloomberg