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Speaker 1: News when you want it With Bloomberg News Now. I'm

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Speaker 1: Dan Schwartzmann. Heavy fighting continues in Israel after a surprise

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Speaker 1: attack launched Saturday morning by Hamas from the Gaza Strip.

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Speaker 1: Israeli officials say that at least three hundred people have

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Speaker 1: now been killed, with more than fifteen hundred injured. Israel

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Speaker 1: says that a quote unprecedented number of civilians and soldiers

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Speaker 1: have also been kidnapped and taken into Gaza. Palestinian sources

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Speaker 1: say that more than two hundred and thirty have been

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Speaker 1: killed with over seventeen hundred wounded as Israel sent warplanes

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Speaker 1: and missiles into Gaza, along with battling those inside the country.

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Speaker 1: Israel has declared a state of alert for war and

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Speaker 1: has mobilized reservists for a possible ground offensive. Prime Minister

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Speaker 1: Benjamin Netanya, who says the enemy will pay a huge price,

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Speaker 1: one they have never seen before. President Biden has condemned

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Speaker 1: the attack and pledged US support. Bloomberg's Israel Bureau chief

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Speaker 1: Ethan Brohner says, the country is stunned.

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Speaker 2: It's a huge shock. It's deeply alarming.

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Speaker 1: People people ain't spoken with have already lost friends in

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Speaker 1: the battles in the South. The videos that are available

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Speaker 1: ball being put out in from Gaza of Israeli soldier civilians,

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Speaker 1: some of them bodies, some of them live.

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Speaker 2: Being dragged into Gaza is going to really, really inflame

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Speaker 2: the situation.

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Speaker 1: That's Bloomberg's Israel Bureau chief Ethan Broner in Tel Aviv.

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Speaker 1: Under new law signed by California Governor Gavin Newsom, thousands

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Speaker 1: of companies that do business in the state will be

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Speaker 1: required to disclose their greenhouse gas emissions in the next

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Speaker 1: few years. The law, called SB two five to three,

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Speaker 1: is the first of its kind in the country and

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Speaker 1: is expected to force companies to examine their impact on

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Speaker 1: the environment. The law applies to all companies that have

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Speaker 1: earned more than a billion dollars of revenue doing business

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Speaker 1: in California. The measure requires the companies to start reporting

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Speaker 1: their missions beginning in twenty twenty six. The US Securities

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Speaker 1: and Exchange Commission is also considering similar rules. Industry groups, though,

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Speaker 1: have opposed a law, saying that complying with it will

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Speaker 1: be costly, as well as arguing that the state should

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Speaker 1: wait for the SEC's final ruling. Some big companies, though,

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Speaker 1: such as Salesforce and Apple have supported the measure. With

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Speaker 1: Americans already hurting from sky high interest rates, another FED

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Speaker 1: officialist warning rates may have to go even higher. More

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Speaker 1: from Bloomberg's Denise Pellegrini.

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Speaker 3: Federal Reserve Governor Michelle Bowman says she is sticking with

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Speaker 3: her call that interest rates will likely need to increase

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Speaker 3: further to return inflation to the Fed's two percent goal quickly.

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Speaker 3: She says inflation remains too high and she expects it'll

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Speaker 3: be appropriate for the Federal Open Market Committee to raise

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Speaker 3: rates further and hold them at restrictive levels for some time.

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Speaker 3: That's according to her prepared remarks to the Connecticut Bankers'

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Speaker 3: Association today. Bowman also warning high energy prices could reverse

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Speaker 3: some of the progress we've seen on inflation lately. US

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Speaker 3: employment surged in September. We got that report yesterday, and

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Speaker 3: that triggered new concern the FED might raise interest rates more,

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Speaker 3: and the FMC meets again at the end of this month.

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Speaker 3: Denise Pellegrini, Bloomberg Radio.

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Speaker 1: Thanks Denise, A bipartisan delegation of US senators arrived in

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Speaker 1: China with majority leader Chucks. You were saying the US

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Speaker 1: six competition but not conflict with the country. The delegation

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Speaker 1: met with Shanghai Communist Party Secretary Chen Jining and also

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Speaker 1: visited American companies in the city. The senators traveled to

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Speaker 1: Beijing next and hope to meet with President Jijen Ping.

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Speaker 1: Schumer says it is better for the world if the

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Speaker 1: two biggest economies get along. A New York judge's order

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Speaker 1: dissolving some companies owned by Donald Trump has been temporarily

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Speaker 1: halted after an appeals court allowed the former president the

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Speaker 1: challenge a ruling as his civil fraud trial continues in Manhattan.

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Speaker 1: Details from Bloomberg's Charlie Pellett.

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Speaker 2: Friday's decision by a state appeals court is a preliminary

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Speaker 2: win for Trump as he fights allegations by New York

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Speaker 2: Attorney General Letitia James that he inflated his assets by

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Speaker 2: billions of dollars a year to dup banks and insurers.

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Speaker 2: A Pellett judge, Peter Moulton, rejected Trump's request to immediately

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Speaker 2: halt the trial, which is entering its second week, but

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Speaker 2: he did agree to suspend dissolution of the business certificates

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Speaker 2: for the Trump Limited liability companies that was ordered before

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Speaker 2: the trial started. In New York. Charlie Pellett, Bloomberg Radio.

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Speaker 1: Thanks Charlie. That's news when you want it. With Bloomberg

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Speaker 1: News Now, I'm Dan Schwartzman, and this is Bloomberg