1 00:00:01,000 --> 00:00:05,640 Speaker 1: News when you want it with Bloomberg News Now, i'md Kleggi. 2 00:00:06,040 --> 00:00:09,800 Speaker 1: Secretary of State Anthony Blinken will travel to Israel this 3 00:00:09,880 --> 00:00:13,240 Speaker 1: weekend following a fresh round of talks to halt the 4 00:00:13,400 --> 00:00:17,240 Speaker 1: Israel Hamas war. As officials keep working to deter a 5 00:00:17,280 --> 00:00:21,200 Speaker 1: threatened attack by Iran. The top US diplomat will meet 6 00:00:21,200 --> 00:00:24,239 Speaker 1: with Israeli officials in his ninth visit to the region 7 00:00:24,560 --> 00:00:29,320 Speaker 1: since Hamas attacked Israel October seventh, killing twelve hundred Israelis 8 00:00:29,360 --> 00:00:33,320 Speaker 1: and taking one hundreds hostage. Israel's military campaign in the 9 00:00:33,320 --> 00:00:37,360 Speaker 1: Gaza Strip has since killed some forty thousand people, according 10 00:00:37,360 --> 00:00:41,239 Speaker 1: to the Hamas run Health Ministry. International mediators are set 11 00:00:41,280 --> 00:00:45,360 Speaker 1: to resume cease fire negotiations in Cairo, Egypt's capital, by 12 00:00:45,400 --> 00:00:47,880 Speaker 1: the end of the week following two days of talks, 13 00:00:47,920 --> 00:00:51,319 Speaker 1: and Katar President Joe Biden said Friday that we are 14 00:00:51,479 --> 00:00:54,840 Speaker 1: closer than we've ever been to an agreement. S and 15 00:00:54,880 --> 00:00:59,360 Speaker 1: P Global Ratings upgraded Uber's credit ratings to investment grade 16 00:00:59,440 --> 00:01:02,400 Speaker 1: status on on Friday, citing the ride hailing and food 17 00:01:02,400 --> 00:01:07,480 Speaker 1: delivery companies consistent earnings growth. Uber's main bond ratings were 18 00:01:07,600 --> 00:01:11,960 Speaker 1: upgraded to triple bus the lowest investment grade level, from 19 00:01:12,000 --> 00:01:15,640 Speaker 1: double B plus the highest junk grade. SMP said this 20 00:01:15,720 --> 00:01:19,399 Speaker 1: in a statement. Investment grade credit ratings can translate to 21 00:01:19,480 --> 00:01:23,600 Speaker 1: lower borrowing costs for a company because a wider array 22 00:01:23,640 --> 00:01:27,520 Speaker 1: of investors are eligible to buy high grade securities. The 23 00:01:27,640 --> 00:01:31,280 Speaker 1: University of Michigan's consumer sentiment index is up for the 24 00:01:31,280 --> 00:01:35,399 Speaker 1: first time in five months, with the presidential campaign providing 25 00:01:35,400 --> 00:01:39,039 Speaker 1: a boost. Bloomberg's Vinnie del Judaice reports. 26 00:01:38,959 --> 00:01:42,360 Speaker 2: President Biden's decision not to seek re election as recharge 27 00:01:42,400 --> 00:01:46,720 Speaker 2: and confidence among Democrats, with Vice President Kamala Harris stepping 28 00:01:46,760 --> 00:01:50,360 Speaker 2: in as the party's nominee. Biden's surprise announcement in late 29 00:01:50,440 --> 00:01:53,800 Speaker 2: July helps end this month's consumer sentiment index up to 30 00:01:53,880 --> 00:01:58,320 Speaker 2: sixty seven point eight, topping Wall Street forecasts. American surveyed 31 00:01:58,360 --> 00:02:01,880 Speaker 2: are also expressing more app amism about the finances as 32 00:02:01,920 --> 00:02:05,160 Speaker 2: inflation moderates. Vinny Donald Judais Bloomberg Radio. 33 00:02:05,360 --> 00:02:09,400 Speaker 1: Kamala Harris outlined her plans for the economy Friday. Speaking 34 00:02:09,400 --> 00:02:13,120 Speaker 1: in Raleigh, North Carolina. She assailed Donald Trump's proposals of 35 00:02:13,200 --> 00:02:18,119 Speaker 1: tariffs in corporate tax cuts. Bloomberg's IRV Chapman reports from Washington. 36 00:02:18,280 --> 00:02:21,920 Speaker 3: Arras said food prices went up when the pandemic interrupted supplies, 37 00:02:22,200 --> 00:02:25,280 Speaker 3: and some grocers passed on savings when costs went down, 38 00:02:25,520 --> 00:02:26,560 Speaker 3: but not all. 39 00:02:26,680 --> 00:02:31,560 Speaker 4: My plan will include new penalties for opportunistic companies that 40 00:02:31,720 --> 00:02:36,000 Speaker 4: exploit crises and break the rooms, and we will support 41 00:02:36,240 --> 00:02:39,440 Speaker 4: smaller food businesses that are trying to play by the 42 00:02:39,560 --> 00:02:40,680 Speaker 4: rules and get ahead. 43 00:02:41,000 --> 00:02:44,440 Speaker 3: Harris proposed the twenty five thousand dollars subsidy the first 44 00:02:44,440 --> 00:02:48,600 Speaker 3: time home buyers, plus incentives to build three million new homes, 45 00:02:48,600 --> 00:02:53,799 Speaker 3: including by reducing regulatory red tape. In Washington, Chapman Bloomberg. 46 00:02:53,440 --> 00:02:56,160 Speaker 1: Radio the election may not be decided yet, but former 47 00:02:56,240 --> 00:02:59,960 Speaker 1: President Donald Trump is looking ahead to his transition. Bloom 48 00:03:00,040 --> 00:03:02,120 Speaker 1: Yrks Nathan Hagger reports from Washington. 49 00:03:02,160 --> 00:03:05,920 Speaker 5: Trump has named billionaire Canter Fitzgerald CEO Howard Lutnik and 50 00:03:06,080 --> 00:03:09,920 Speaker 5: World Wrestling Entertainment co founder Linda McMahon co chairs of 51 00:03:09,960 --> 00:03:13,960 Speaker 5: his transition. Vice presidential nominee j D. Vance and Trump's 52 00:03:13,960 --> 00:03:17,320 Speaker 5: sons Don Junior and Eric will be honorary co chairs. 53 00:03:17,680 --> 00:03:21,000 Speaker 5: The former president has a history of chaotic transitions. He 54 00:03:21,160 --> 00:03:24,680 Speaker 5: fired former New Jersey Governor Chris Christi days after winning 55 00:03:24,680 --> 00:03:28,360 Speaker 5: the twenty sixteen election and the Biden transition says Trump's 56 00:03:28,360 --> 00:03:31,480 Speaker 5: staff didn't cooperate with them in twenty twenty, as the 57 00:03:31,480 --> 00:03:35,560 Speaker 5: former president insisted he won that election in Washington. I'm 58 00:03:35,640 --> 00:03:37,200 Speaker 5: Nathan Hager, Bloomberg Radio. 59 00:03:37,320 --> 00:03:40,160 Speaker 1: The next time you head to a hotel overnight, b 60 00:03:40,440 --> 00:03:44,720 Speaker 1: yob your own mini mini toiletries. Hotel chains from Hilton 61 00:03:44,760 --> 00:03:47,920 Speaker 1: to Mariotte have cut back on the plastic bottles that 62 00:03:48,000 --> 00:03:51,600 Speaker 1: get tossed after one use. The move is happening following 63 00:03:51,640 --> 00:03:56,920 Speaker 1: pressure from environmentally conscious shareholders and new state laws. Will 64 00:03:56,960 --> 00:03:59,680 Speaker 1: you miss them well? A recent survey says most hotel 65 00:03:59,680 --> 00:04:03,280 Speaker 1: guests won't miss them and finds bipartisan support for a 66 00:04:03,440 --> 00:04:09,119 Speaker 1: reduction in single use plastic bottles. And Tesla cybertruck buyers 67 00:04:09,200 --> 00:04:12,720 Speaker 1: might be heading to the car wash immediately after receiving 68 00:04:12,760 --> 00:04:15,800 Speaker 1: their long awaited, brand new trucks. The Wall Street Journals 69 00:04:15,800 --> 00:04:19,200 Speaker 1: spoke with several new owners and found that some customers 70 00:04:19,240 --> 00:04:21,880 Speaker 1: are taking delivery of their new trucks only to find 71 00:04:21,960 --> 00:04:26,719 Speaker 1: surfaces covered in dust, dirt, or other grime. Tesla has 72 00:04:26,760 --> 00:04:30,239 Speaker 1: been rushing to fill orders for its long delayed cyber truck. 73 00:04:30,440 --> 00:04:34,559 Speaker 1: Tesla had no comment, according to the Journal and that's 74 00:04:34,600 --> 00:04:37,640 Speaker 1: news when you want it with Bloomberg News. Now, I 75 00:04:37,760 --> 00:04:41,479 Speaker 1: made Kalleggi and this is Bloomberg