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

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Speaker 1: Doug Prisoner. The ABC presidential debate took place earlier in Philadelphia,

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Speaker 1: and the candidates pulled no punches facing off for the

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Speaker 1: first time. Vice President Kamala Harris went after the state

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Speaker 1: of the country following the Trump administration.

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Speaker 2: Let's talk about what Donald Trump left us. Donald Trump

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Speaker 2: left us the worst unemployment since the Great Depression. Donald

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Speaker 2: Trump left us the worst public health epidemic in a century.

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Speaker 2: Donald Trump left us the worst attack on our democracy

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Speaker 2: since the Civil War. And what we have done is

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Speaker 2: clean up Donald Trump's mess.

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Speaker 1: Harris also levied claims regarding Trump's association with the Heritage

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Speaker 1: Foundation's Project twenty twenty five. The former president was quick

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Speaker 1: to deny any connection to the Conservative policy outline.

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Speaker 3: I have nothing to do with Project twenty twenty five.

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Speaker 3: That's out there. I haven't read it. I don't want

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Speaker 3: to read it purposely. I'm not going to read it.

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Speaker 3: This was a group of people that got together. They

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Speaker 3: came up with some ideas. I guess some good, some bad.

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Speaker 3: But it makes no difference. I have nothing to do.

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Speaker 3: Everybody knows. I'm an open book. Everybody knows what I'm

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Speaker 3: going to do, cut taxes very substantially and create a

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Speaker 3: great economy like I did before.

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Speaker 1: Meantime, Trump took swipes at Harris's policy or lack thereof.

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Speaker 3: She doesn't have a plan. She copied Biden's plan, and

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Speaker 3: it's like four sentences like run, spot run, four sentences

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Speaker 3: that are just, oh, we'll try and lower taxes. She

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Speaker 3: doesn't have a plan. Take a look at her plan.

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Speaker 3: She doesn't have a plan.

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Speaker 1: Trump also went after Harris's record on issues like fracking, immigration,

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Speaker 1: and crime. We are learning more about the negotiations over

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Speaker 1: a ceasefire between Israel and Hamas. Bloomberg's Amy Morris has

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Speaker 1: details from Washington.

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Speaker 4: Israel says it proposed giving Hamas leader ya Ya Sinwar

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Speaker 4: safe passage out of Gaza in exchange for returning the

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Speaker 4: hostages and giving up the Gaza Strip. Israel hostage envoy

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Speaker 4: Gall Hirsch said in an interview in the Bloomberg News

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Speaker 4: Washington Bureau that he's quote ready to provide safe passage

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Speaker 4: to Sinwar, his family and whoever wants to join him,

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Speaker 4: and that Israel wants the hostages back and a new

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Speaker 4: system that will manage Gaza. He reiterated that Israel would

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Speaker 4: also be willing to release prisoners it Holts as part

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Speaker 4: of any deal. Hirsch tells Bloomberg he put that offer

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Speaker 4: of safe passage on the table a couple of days ago.

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Speaker 4: He declined to characterize the response so far. In Washington,

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Speaker 4: Amy Morris Bloomberg Radio.

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Speaker 1: US Secretary of State Anthony blinkn says Israel needs to

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Speaker 1: make some changes after the shooting death of an American

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Speaker 1: Turkish citizen at a demonstration last week.

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Speaker 5: In our judgment, Israeli security forces need to make some

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Speaker 5: fundamental changes in the way that they operate in the

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Speaker 5: West Bank, including changes to their rules of engagement.

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Speaker 1: That is US Secretary of State Antony Blinken. Apple lost

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Speaker 1: a court battle over a fourteen point four billion dollar

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Speaker 1: Irish tax bill. The European Union's Court of just Justice

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Speaker 1: back to a twenty sixteen decision that Ireland broke state

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Speaker 1: aid law by giving Apple an unfair advantage. This is

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Speaker 1: a victory for EU's Anti trust chief Margaret Vesteyer. She

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Speaker 1: spoke to Bloomberg following the ruling.

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Speaker 6: Well, I think it's a very important step towards tax

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Speaker 6: justice that Apple now actually have to pay the thirteen

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Speaker 6: billion euros to the Irish States. I think that shows

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Speaker 6: European citizens at actually, once in a while tax justice

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Speaker 6: can take place, and it's important to me as well.

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Speaker 6: I'm very very happy with this win.

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Speaker 1: In a second victory for Vestayer, Google lost a challenge

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Speaker 1: over a two point six billion dollar fine for abusing

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Speaker 1: its market power. The court rule that Google illegally leveraged

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Speaker 1: its search engine dominance to give a higher ranking to

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Speaker 1: its own product listings. BMW is warning a big break

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Speaker 1: recall is going to put the brakes on its profits

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Speaker 1: this year, the German automaker saying its operating margin will

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Speaker 1: be as low as six percent after the company was

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Speaker 1: forced to pull one and a half million vehicles off

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Speaker 1: the road. Even so, Bloomberg Intelligence Global autos chief Michael

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Speaker 1: Dean says that doesn't tell the whole story.

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Speaker 7: The balance of that is coming from we could China sales,

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Speaker 7: lower pricing in Europe. Lower demand in Europe suggests the

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Speaker 7: demand and pricing environment globally has been very difficult, and

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Speaker 7: that's part of the reason for the profit warning.

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Speaker 1: That's Bloomberg's Michael Dean. BMW shares tumbled ten percent in

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Speaker 1: Frankfurt Oracle founder Larry Ellison says his net worth swored

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Speaker 1: by the largest clip ever on Tuesday. That story from

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Speaker 1: Bloomberg's Charlie Pellett.

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Speaker 8: The fourteen billion dollar game, came after the software giants'

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Speaker 8: earnings indicated artificial intelligence demand is bolstering its cloud computing business.

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Speaker 8: The eighty year old Ellison leapfrog Microsoft founder Bill Gates

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Speaker 8: to become the world's fifth richest person, with a net

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Speaker 8: worth of one hundred and sixty eight billion dollars that

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Speaker 8: according to the Bloomberg Billionaire's Index. The fourteen point one

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Speaker 8: one billion dollar increase in wealth was his biggest for

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Speaker 8: a day since Bloomberg began tracking his fortune in March

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Speaker 8: of twenty twelve. In in New York, Charlie Pellett Bloomberg Radio,

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Speaker 8: and that.

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

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