1 00:00:02,120 --> 00:00:04,640 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,680 --> 00:00:08,080 Speaker 1: Doug Chrisner. The strike at Boeing has taken a new twist. 3 00:00:08,240 --> 00:00:11,280 Speaker 1: The company has withdrawn its offer to the union, saying 4 00:00:11,640 --> 00:00:14,760 Speaker 1: talks don't make sense now. Boeing says the union did 5 00:00:14,800 --> 00:00:19,000 Speaker 1: not seriously consider the company's latest proposals. Earlier in the day, 6 00:00:19,200 --> 00:00:22,800 Speaker 1: SMP Global Ratings said it's considering a downgrade of Boeing's 7 00:00:22,800 --> 00:00:26,439 Speaker 1: credit score to junk. SNP is estimating that Boeing will 8 00:00:26,480 --> 00:00:30,800 Speaker 1: incurre a cash outflow of approximately ten billion dollars in 9 00:00:30,920 --> 00:00:34,360 Speaker 1: twenty twenty four, due in part to cost associated with 10 00:00:34,520 --> 00:00:38,280 Speaker 1: this protracted labor strike. The US Department of Justice is 11 00:00:38,360 --> 00:00:42,040 Speaker 1: considering recommending that Google be forced to sell off parts 12 00:00:42,040 --> 00:00:45,680 Speaker 1: of its operations to alleviate the harm caused by its 13 00:00:45,720 --> 00:00:50,400 Speaker 1: monopolization of the online search market now. The DOJ made 14 00:00:50,400 --> 00:00:54,880 Speaker 1: this recommenization today in a court filing. Federal agencies though 15 00:00:55,280 --> 00:00:58,960 Speaker 1: cannot alone order a breakup, that power lies with courts. 16 00:00:59,200 --> 00:01:02,680 Speaker 1: Florida is racing for the impact of Hurricane Milton. As 17 00:01:02,720 --> 00:01:06,119 Speaker 1: of Tuesday evening, the storm returned to a Category five. 18 00:01:06,240 --> 00:01:10,279 Speaker 1: Hurricane Milton is expected to make landfall early Thursday morning 19 00:01:10,640 --> 00:01:14,319 Speaker 1: with a life threatening fifteen foot storm surge. Tampa Mayor 20 00:01:14,440 --> 00:01:18,160 Speaker 1: Jane Caster is pushing back against rumors the city doesn't 21 00:01:18,200 --> 00:01:19,600 Speaker 1: have enough relief for sources. 22 00:01:19,840 --> 00:01:23,200 Speaker 2: Please don't get political on this. This storm is going 23 00:01:23,280 --> 00:01:26,360 Speaker 2: to affect everybody, and we are getting the help that 24 00:01:26,400 --> 00:01:30,880 Speaker 2: we need from all of the different governmental officials. 25 00:01:30,959 --> 00:01:34,679 Speaker 1: That was Tampa Bay Mayor Jane Caster. Meantime, FEMA has 26 00:01:34,720 --> 00:01:37,800 Speaker 1: launched an investigation into the source of those claims of 27 00:01:38,120 --> 00:01:44,000 Speaker 1: insufficient relief materials. FEMA Administrator Diane Criswell says disinformation in 28 00:01:44,040 --> 00:01:48,600 Speaker 1: previous disasters came from US foreign adversaries. Last week, Hurricane 29 00:01:48,600 --> 00:01:51,560 Speaker 1: Helene killed at least two hundred and twenty seven and 30 00:01:51,640 --> 00:01:54,680 Speaker 1: coused hundreds of billions of dollars in damage across the 31 00:01:54,720 --> 00:01:59,040 Speaker 1: southeastern US. JP Morgan Chase CEO Jamie Diamond says it's 32 00:01:59,040 --> 00:02:02,520 Speaker 1: simply too hard to tell whether a soft landing in 33 00:02:02,560 --> 00:02:06,640 Speaker 1: the American economy is imminent. He spoke exclusively to Bloomberg. 34 00:02:06,960 --> 00:02:09,320 Speaker 3: I just think there's a lot of moving parts, a 35 00:02:09,360 --> 00:02:12,480 Speaker 3: lot of things in the future, which inflationary the most 36 00:02:12,520 --> 00:02:15,840 Speaker 3: important and taking place of these wars overseas held politics. 37 00:02:16,120 --> 00:02:19,560 Speaker 3: You know, they're terrible, humane, suffering. Soft lanings are hard. 38 00:02:19,639 --> 00:02:22,520 Speaker 3: I hope it happens. I don't know. I just wouldn't 39 00:02:22,560 --> 00:02:23,880 Speaker 3: count my eggs in that one. 40 00:02:24,120 --> 00:02:27,080 Speaker 1: Jamie Diamond there, the CEO of JP Morgan still not 41 00:02:27,200 --> 00:02:30,840 Speaker 1: everyone is weary on the path of inflation, the head 42 00:02:30,840 --> 00:02:33,360 Speaker 1: of the New York Fed, John Williams, telling the Financial 43 00:02:33,440 --> 00:02:36,600 Speaker 1: Times the US is well positioned for a soft landing. 44 00:02:36,800 --> 00:02:39,680 Speaker 1: Brazil Supreme Court has authorized the return of the social 45 00:02:39,720 --> 00:02:43,040 Speaker 1: media platform x Now. The ban on X was lifted 46 00:02:43,120 --> 00:02:47,400 Speaker 1: after owner Elon Musk complied with the court's demands, including 47 00:02:47,480 --> 00:02:52,040 Speaker 1: taking down some user accounts and appointing a legal representative 48 00:02:52,080 --> 00:02:55,320 Speaker 1: for X in Brazil. The Israeli military said had killed 49 00:02:55,320 --> 00:02:58,720 Speaker 1: a senior Hesbolah commander during a strike on Bay Route. 50 00:02:58,840 --> 00:03:02,600 Speaker 1: This comes as the the militant group's acting leader promised 51 00:03:02,600 --> 00:03:06,239 Speaker 1: more fighting against Israeli troops in southern Lebanon and rocket 52 00:03:06,320 --> 00:03:10,239 Speaker 1: fire into Israel. Here is Israeli Prime Minister Benjamin Nett 53 00:03:10,280 --> 00:03:13,920 Speaker 1: Nyahu's message to the Lebanese people following the events that 54 00:03:13,960 --> 00:03:15,280 Speaker 1: took place in Beirout. 55 00:03:15,520 --> 00:03:19,639 Speaker 4: We've degraded Hisbella's capabilities. We took out thousands of terrorists, 56 00:03:19,680 --> 00:03:24,080 Speaker 4: including Nsuela himself and Oswuelo's replacement and the replacement of 57 00:03:24,120 --> 00:03:28,600 Speaker 4: his replacement. Today Kbala is weaker than it's been for many, 58 00:03:28,639 --> 00:03:29,239 Speaker 4: many years. 59 00:03:29,400 --> 00:03:33,320 Speaker 1: That was Israeli Prime Minister Benjamin Nett Yahoo. Separately, the 60 00:03:33,360 --> 00:03:37,360 Speaker 1: Pentagon says Israeli Defense Minister Yov Gallants planned meeting with 61 00:03:37,520 --> 00:03:42,560 Speaker 1: Defense Secretary Lloyd Austin on Wednesday has been postponed. Vice 62 00:03:42,560 --> 00:03:45,560 Speaker 1: President Kamala Harris unveiled a new plan to cover in 63 00:03:45,600 --> 00:03:49,680 Speaker 1: home healthcare for seniors. Her proposal would expand healthcare for 64 00:03:49,800 --> 00:03:54,320 Speaker 1: elderly Americans and cover expenses related to in home health AIDS. 65 00:03:54,680 --> 00:03:57,880 Speaker 1: Here is Harris speaking on ABC's The View about the 66 00:03:57,920 --> 00:04:00,920 Speaker 1: Biden administration's capping of in insulin prices. 67 00:04:01,360 --> 00:04:05,000 Speaker 5: Would you have done something differently than President Biden during 68 00:04:05,000 --> 00:04:08,600 Speaker 5: the past four years? There is don a thing that 69 00:04:08,680 --> 00:04:11,200 Speaker 5: comes to mind in terms of and I've been a 70 00:04:11,280 --> 00:04:15,200 Speaker 5: part of most of the decisions that have had impact 71 00:04:16,600 --> 00:04:19,000 Speaker 5: the work that we have done. For example, capping the 72 00:04:19,000 --> 00:04:21,160 Speaker 5: cost of insulin at thirty five dollars a month for 73 00:04:21,240 --> 00:04:23,560 Speaker 5: our seniors is something I care deeply about. 74 00:04:23,800 --> 00:04:27,160 Speaker 1: That was Vice President Kamala Harris speaking on ABC's The View. 75 00:04:27,440 --> 00:04:31,479 Speaker 1: Former President Donald Trump was reportedly in contact with Russian 76 00:04:31,520 --> 00:04:35,839 Speaker 1: President Vladimir Putin after leaving office. More from Bloomberg's Nathan 77 00:04:35,880 --> 00:04:36,880 Speaker 1: Hager in Washington. 78 00:04:37,200 --> 00:04:39,760 Speaker 6: The report is in the latest book from Washington Post 79 00:04:39,839 --> 00:04:43,200 Speaker 6: journalist Bob Woodward, do out next week. It's titled War, 80 00:04:43,400 --> 00:04:46,760 Speaker 6: and it says Trump secretly shipped COVID tests to Putin 81 00:04:46,839 --> 00:04:49,480 Speaker 6: for his personal use during the pandemic when they were 82 00:04:49,520 --> 00:04:52,880 Speaker 6: in short supply. Putin reportedly told the then president to 83 00:04:52,960 --> 00:04:55,280 Speaker 6: keep that ship in a secret so he wouldn't face 84 00:04:55,360 --> 00:04:58,479 Speaker 6: political fallout. Woodward writes that Trump may have spoken to 85 00:04:58,480 --> 00:05:01,000 Speaker 6: Putin up to seven more time since he left the 86 00:05:01,040 --> 00:05:04,280 Speaker 6: White House. A Trump campaign spokesman says, quote, none of 87 00:05:04,320 --> 00:05:08,279 Speaker 6: these made up stories by Bob Woodward are true. In Washington, 88 00:05:08,360 --> 00:05:10,119 Speaker 6: I'm Nathan Hager, Bloomberg Radio. 89 00:05:10,640 --> 00:05:13,760 Speaker 1: In Major League Baseball's postseason, the New York Mets beat 90 00:05:13,760 --> 00:05:17,159 Speaker 1: the Philadelphia Phillies to go ahead in the divisional series 91 00:05:17,400 --> 00:05:19,880 Speaker 1: two games to one. Now the Mets could wrap things 92 00:05:19,960 --> 00:05:22,479 Speaker 1: up tomorrow night. That is news when you want it 93 00:05:22,520 --> 00:05:25,359 Speaker 1: with Bloomberg News. Now, I'm Doug Prisoner, and this is 94 00:05:25,400 --> 00:05:25,719 Speaker 1: Bloomber