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

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Speaker 1: Doug Prisner. It is day two of the US government shutdown,

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Speaker 1: and we are told President Trump is now threatening to

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Speaker 1: slash thousands of federal jobs as the White House aims

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Speaker 1: to pressure Democrats to end the shutdown. Trump, we are

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Speaker 1: told to set to meet with OMB Director Russell Vote

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Speaker 1: to look at targeted cuts. We also heard today from

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Speaker 1: House Speaker Mike Johnson.

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Speaker 2: Now, when he sits down as the director of OMB,

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Speaker 2: he will obviously have a subjective determination on the priorities.

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Speaker 2: And what do you think he would do, because what

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Speaker 2: would any OMB director do under any president? They're going

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Speaker 2: to look to see for the administration's priorities first and

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Speaker 2: ensure that those are funded. And so those are some

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Speaker 2: very serious determinations that had to be made. We want

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Speaker 2: to protect hardworking federal workers, and these are people who

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Speaker 2: protect all the rest of us.

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Speaker 1: By the way, that was House Speaker Mike Johnson. Now,

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Speaker 1: the Congressional Budget Office is estimating that about seven hundred

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Speaker 1: and fifty employees will be furloughed during the shutdown, at

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Speaker 1: a cost of four hundred million dollars a day in

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Speaker 1: lost compensation. Meantime, Today, House Majority Leader John Thune said

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Speaker 1: he is giving his Democratic colleagues another chance on Friday

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Speaker 1: to and the shutdown.

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Speaker 3: This president, I realized that my Democrat colleagues are facing

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Speaker 3: pressure from members of their far left base, but they're

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Speaker 3: playing a losing game here. A robust majority of American

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Speaker 3: voters are against a government shutdown. Even some Democrat members

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Speaker 3: are raising concerns.

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Speaker 1: That is House Majority Leader John Thune. We go to

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Speaker 1: the UK next. And a fatal attack on a synagogue

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Speaker 1: in Manchester where worshippers were gathered for Young Kapor. British

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Speaker 1: police killed a suspect after he drove a vehicle at

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Speaker 1: people outside the synagogue and then attack them with a

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Speaker 1: knife before being shot by officers. He's been identified as

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Speaker 1: Jihad al Shami, a British citizen of Syrian descent. Now

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Speaker 1: two people were killed and three others injured in this attack.

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Speaker 1: Here is our Minister Kere Starmer.

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Speaker 4: While this is not a new hete, this is something

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Speaker 4: Jews have always lived with. We must be clear. It

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Speaker 4: is a hatred that is rising once again and Britain

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Speaker 4: must defeat it once again.

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Speaker 1: That was UK Prime Minister Keir Starmer. Authorities in Britain

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Speaker 1: are treating the attack as a terrorist incident. Police have

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Speaker 1: arrested three people on suspicion of the commission Preparation and

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Speaker 1: Instigation of acts of terrorism. The Food and Drug Administration

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Speaker 1: has approved a new generic version of the abortion pilled

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Speaker 1: Mifa pristone. The drug will be made available by Evita Solutions.

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Speaker 1: This approval is part of an ongoing fight over access

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Speaker 1: to Mifa pristone. Opponents say the FDA expanded access in

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Speaker 1: ways that violate restrictions on abortions and in danger patients.

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Speaker 1: We move to Business News next. Open Ai has completed

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Speaker 1: a deal to help its employees sell shares in the

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Speaker 1: company at a five hundred billion dollar value. We are

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Speaker 1: told current and former open ai employees sold about six

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Speaker 1: point six billion dollars of stock to investors. Here is

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Speaker 1: Bloomberg's ed Ludlow.

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Speaker 5: It's a secondary or an employee tender. In other words,

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Speaker 5: if you are a existing employee or even a former employee,

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Speaker 5: you can sell your shares in open Ai. The eligibility

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Speaker 5: requirements were that you held them or that you had

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Speaker 5: a vesting period of two years. But the reason I

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Speaker 5: say that's interesting is that this is a valuation dictated

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Speaker 5: by a third party group of investors buying those shares

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Speaker 5: from employees, so the company doesn't raise any new money,

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Speaker 5: but there has to be a valuation set because a

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Speaker 5: price has to be set.

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Speaker 1: That is Bloomberg's ed Ludlow. Now the investors include Thrive Capital,

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Speaker 1: SoftBank Group, Dragonear Investment Group, as well as Abu Dhabi's

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Speaker 1: MGX and t row Price. Tesla reported record third quarter

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Speaker 1: vehicle deliveries. US consumers accelerated their purchases of evs before

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Speaker 1: the end of federal tax credits on September thirtieth. However,

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Speaker 1: Tesla shares were down today by five percent as the

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Speaker 1: market focused on challenges ahead. Here is Stephanie Valdez, Treaty,

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Speaker 1: Research and Development director for Cox Automotive Mobility.

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Speaker 6: We knew Q three was going to be a record quarter,

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Speaker 6: right driven by policy. Right, everyone created a sense of urgency,

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Speaker 6: whether it was dealers, OEMs, and so consumers reacted. So

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Speaker 6: we're probably going to reach about four hundred and ten thousand,

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Speaker 6: probably ten percent market share in the US market, and

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Speaker 6: Tesla has definitely taken advantage of that, but once again

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Speaker 6: that was policy driven. Moving into Q four, we're going

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Speaker 6: to see a slowdown. However, I've already seen some of

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Speaker 6: the manufacturers are going to continue a seventy five hundred

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Speaker 6: dollars credit going into Q four on leasing.

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Speaker 1: That is Stephanie Valdez Stread, Research and Development director for

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Speaker 1: Cox Automotive Mobility. In sports, the MLB Wildcard has wrapped

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Speaker 1: up and now the New York Yankees, the Chicago Cubs,

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Speaker 1: and the Detroit Tigers will advance to the Divisional Series.

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Speaker 1: That news when you want it with Bloomberg News. Now,

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Speaker 1: I'm Doug Prisner and this is Bloomberg

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Speaker 3: M