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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

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Speaker 2: Good morning, I'm Nathan Hager and I'm Karen Moscow. Here

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Speaker 2: are the stories we're following today.

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Speaker 3: We begin with the deadlock broken in the House over

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Speaker 3: billions of dollars in foreign aid. After a six month impassed,

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Speaker 3: lawmakers on both sides of the Isle voted to advance

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Speaker 3: ninety five billion dollars in assistance to Ukraine, Israel, and Taiwan.

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Speaker 3: House Speaker Mike Johnson worked with Democrats and overcame an

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Speaker 3: ouster threat from conservatives in his own party to secure

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Speaker 3: the three hundred eleven to one hundred twelve vote. House

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Speaker 3: Foreign Affairs Chairman Michael McCall says he thinks the speaker's

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Speaker 3: job is safe.

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Speaker 1: I'm so proud the Speaker, Mike Johnson. He went through

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Speaker 1: a transformation. At the end of the day, a profile encourage.

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Speaker 4: Is putting the nation above yourself, and that's.

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Speaker 5: What he did.

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Speaker 3: Foreign Affairs chair Michael McColl spoke on ABC's This Week,

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Speaker 3: and Ukrainian President vladimir's Lenski went on NBC's Meet the

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Speaker 3: Press to express his gratitude this.

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Speaker 6: Aid will strengthen Ukraine and the femline upon powerful signal

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Speaker 6: that it will not be the second Afghanistan. The United

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Speaker 6: States will stay with Ukraine.

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Speaker 3: President Zelenski spoke through an interpreter. Now the Senate plans

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Speaker 3: to hold its first votes on the measure tomorrow. Senate

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Speaker 3: Intelligence Chairman Mark Warner says, from there, the aide should

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Speaker 3: get out relatively quickly.

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Speaker 1: Once the President signs.

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Speaker 7: We've been told that there is it is the President's signature,

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Speaker 7: making sure Congress does its job that these materials will

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Speaker 7: be entranted by the end.

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Speaker 5: Of the week.

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Speaker 3: Senator Warner was a guest on CBS's Face the Nation,

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Speaker 3: which airs Sundays on Bloomberg Radio along with Meet the

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Speaker 3: Press and ABC's This Week.

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Speaker 1: Well Nathan tied to that aid package.

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Speaker 2: The House also passed a measure requiring TikTok's owner by

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Speaker 2: Dance to sell its stake in the social media firm

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Speaker 2: if the Chinese company refuses to divest the platf for

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Speaker 2: a maybe band in the United States. Sources have told

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Speaker 2: Bloomberg that by Dance intends to fight the effort in

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Speaker 2: court before he considers any kind of sale. Meanwhile, the

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Speaker 2: TikTok executive who was tasked with easing US lawmaker's concerns

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Speaker 2: is reportedly leaving his position. We get more with Bloomberg's

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Speaker 2: Ed Baxter.

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Speaker 8: The reports say that TikTok is letting him go, saying

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Speaker 8: he wasn't doing enough to stave off US security concerns

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Speaker 8: regarding its ties with owner Byte Dance in China. Eric

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Speaker 8: Anderson's role had been incrementally reduced, but with the passage

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Speaker 8: of the divest bill passed by the House over the weekend,

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Speaker 8: it looks now more imminent. A TikTok statement said the

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Speaker 8: reports were false, but then the publication the information said

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Speaker 8: Anderson has informed his legal team that he is leaving

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Speaker 8: and that it is his decision. Ed Baxter, Bloomberg Radio.

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Speaker 3: Okay, thank you now to the latest on the hush

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Speaker 3: money criminal trial of Donald Trump. Opening statements are scheduled

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Speaker 3: to begin today in Manhattan. Bloomberg Law hosts June So

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Speaker 3: has the latest from New York.

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Speaker 9: Donald Trump lost his last ditch effort on Friday to

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Speaker 9: convince an appellet court to stop the trial and change

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Speaker 9: its location. That clears the way for the prosecution and

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Speaker 9: defense to give their opening statements today, outlining their cases

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Speaker 9: for the jury of five women and seven men. The

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Speaker 9: trial is moving faster than expected, with jury selection completed

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Speaker 9: a week earlier than the judge anticipated. In New York,

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Speaker 9: June Grosso, Bloomberg Radio.

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Speaker 1: Sorry, June, thanks well.

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Speaker 2: Turning to Wall Street, It's a very busy week ahead

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Speaker 2: for earnings with high profile big tech names and focus,

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Speaker 2: and we get a preview from Bloomberg's Charlie Pillett.

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Speaker 5: We'll be hearing from the likes of Alphabet, Metal Platforms, Tesla,

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Speaker 5: and Microsoft as bulls look to earnings as a catalyst

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Speaker 5: to get this year's rally back on track. Victoria Fernandez,

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Speaker 5: as chief market strategist at Crossmark Global Investments.

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Speaker 2: Thanks for Okay, the market didn't have big moves on that,

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Speaker 2: and obviously we haven't hit a lot of those growth

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Speaker 2: companies yet and then tend to move the market a

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Speaker 2: little bit more.

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Speaker 5: Also up this week Boeing, Lockheed, Martin, Northrop, Grumman, Caterpillar, Ford, GM,

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Speaker 5: and ge In New York, Charlie Pellett, Bloomberg Radio.

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Speaker 10: All right, Charlie.

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Speaker 5: Thanks.

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Speaker 3: Turning to the bond market, now treasuries are on track

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Speaker 3: for their worst month this year. Now a hefty slate

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Speaker 3: of auctions could be a major test of whether yields

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Speaker 3: have peaked after reaching their highest levels of twenty twenty four.

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Speaker 3: The market has to absorb a combined one hundred and

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Speaker 3: eighty three billion dollar calendar of two five and seven

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Speaker 3: year note sales, the first two of which will be

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Speaker 3: at record levels.

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Speaker 5: At the end of the week.

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Speaker 3: Investors get a crucial inflation reading with the PCE deflator.

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Speaker 1: Well Nathan and Company News.

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Speaker 2: Tesla spent the weekend cutting prices of its models across China,

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Speaker 2: Europe and the US and we get more from Bloomberg's

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Speaker 2: Doug Chrisner.

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Speaker 7: The discounts followed disappointing first quarter sales and bloated inventory.

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Speaker 7: The prices of Tesla's best selling Model Y, as well

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Speaker 7: as the Model S and X, were cut by two

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Speaker 7: thousand dollars. The company also slashed the the price of

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Speaker 7: its driver assistant software by more than thirty percent, and

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Speaker 7: on top of that, CEO Elon Musk postponed a plan

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Speaker 7: trip to India this week. He had been expected to

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Speaker 7: meet with Prime Minister Mody and announce an investment. On Tuesday,

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Speaker 7: Tesla will issue first quarter results. It's expected to report

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Speaker 7: a forty percent plunge in operating profit, first revenue decline

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Speaker 7: in four years in New York. I'm Doug Krisner, Bloomberg Radio.

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Speaker 7: Thanks Doug.

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Speaker 3: In deal news, Bloomberg News has learned talks for Salesforce

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Speaker 3: to take over Informatica have cooled, with both parties struggling

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Speaker 3: to agree to terms. The deal would have ranked among

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Speaker 3: the largest ever buy Salesforce. Representatives for Salesforce and Informatica

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Speaker 3: both declined to comment. Shares of Informatica are down more

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Speaker 3: than six percent in early trading.

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Speaker 2: Nathan private equity firm Blackstone has made a new proposal

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Speaker 2: worth about one and a half billion dollars to purchase

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Speaker 2: Hypnosis Song's fund Thattop's a bid made last week by

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Speaker 2: music rights investor Conquered And for those of.

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Speaker 3: You with time and a lot of money on hand,

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Speaker 3: this story.

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Speaker 11: Is for you.

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Speaker 3: A rare Rolex with a split second chronograph sold for

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Speaker 3: three and a half million dollars at auction in Monaco.

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Speaker 3: That is a record price for the Rolex four one

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Speaker 3: point one three produced in nineteen forty two. It is

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Speaker 3: one of just twelve ever made and nine known to exist.

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Speaker 3: The watch has a case diameter of one point seven

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Speaker 3: three inches. That makes it one of the largest watches

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Speaker 3: Rolex ever made.

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Speaker 2: And it's time now for a look at some of

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Speaker 2: their stories making news in New York and around the world.

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Speaker 2: And for that we're joined by Bloomberg's Michael Barr. Welcome back, Michael,

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Speaker 2: Thank you very much.

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Speaker 10: Karen.

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Speaker 11: There's a call for greater security as Passover begins at

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Speaker 11: sundown today, as tensions over the Israel Hamas war loom.

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Speaker 11: Authorities across the country are showing concern. Rabbi associated with

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Speaker 11: Columbia University is urging Jewish students to go home, saying

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Speaker 11: the university's public safety and the New York Police Department

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Speaker 11: cannot guarantee Jewish student safety. Over the weekend, students with

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Speaker 11: sleeping bags refused to leave the grounds of Columbia University.

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Speaker 11: The pro Palestinian demonstrators called for the Ivy League Institution

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Speaker 11: to divest its stocks, funds, and endowments from companies that

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Speaker 11: they say profit from Israel's violations of international law and

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Speaker 11: Palestinian human rights, among them. This student of Syrian descent.

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Speaker 12: Seeing the parallels, witnessing the level of violence that Palestinians

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Speaker 12: and Palstinians in the West Bank Palestinians all across Palestine

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Speaker 12: are being subjected to, but especially the genocidalze.

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Speaker 11: Some counter protests also popped up, calling for the terror

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Speaker 11: network holding Israeli hostages inside Gaza to release them. Riva

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Speaker 11: Feinstein is a retired administrator for Columbia.

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Speaker 2: The whole thing breaks my heart, and isn't it especially

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Speaker 2: I think it's.

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Speaker 1: The worst, horrible, most horrible.

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Speaker 8: Thing is what's going on with these hostages that it's

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Speaker 8: one hundred and ninety eight days today.

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Speaker 11: Some ares were made over the weekend when protesters on

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Speaker 11: campus refused to leave and tussled with the NYPD. A

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Speaker 11: military base in Syria belonging to a US led coalition

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Speaker 11: came under rocket fire late on Sunday. That's according to

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Speaker 11: a statement from the government affiliated Iraqi Security media Cell.

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Speaker 11: It said at least one rocket landed at the base,

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Speaker 11: its first reported attack on the US base in the

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Speaker 11: Middle East since February. A person has been taken into

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Speaker 11: custody after allegedly breaking into the home of Los Angeles

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Speaker 11: Mayor Karen Bass. Police say it happened early Sunday morning.

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Speaker 11: Police say the unidentified suspect smashed one of the homes

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Speaker 11: windows to gain entry before being taken into custody without

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Speaker 11: further incident. LAPD Lieutenant James myonachus, it's the.

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Speaker 13: Mayor of the city and we're concerned in any resident

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Speaker 13: that has somebody just come into their home, so we

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Speaker 13: treat this very seriously.

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Speaker 11: The Mayor's office says she was at home and was uninjured.

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Speaker 11: Global News twenty four hours a day and whenever you

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Speaker 11: want it with the Bloomberg New Now Michael Barr, and

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Speaker 11: this is Bloomberg.

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Speaker 1: Kern, right, Michael Barr, Thank you.

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Speaker 2: Time now for the Bloomberry Scores update with John stash Hour.

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Speaker 1: John, good morning, Good morning, Carrod.

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Speaker 4: After the winningest regular season in club history, obviously high

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Speaker 4: hopes for the Rangers and the Stanley Cup Playoffs, Game

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Speaker 4: one at the Arden Rangers in Capitol scoreless first period

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Speaker 4: than the first Ranger goal the postseason came from an

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Speaker 4: unlikely player.

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Speaker 11: Rempy carries the puck over the red line with Goodrow

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Speaker 11: on left wing. Rank White pass collected by VC off

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Speaker 11: the wall, beats it behind.

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Speaker 5: An end good Troit tight.

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Speaker 1: I score the best.

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Speaker 5: Rempy on the doorstep Hen he bangs it home.

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Speaker 4: Honey ESP New York rookie Matt Rempy, known more for

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Speaker 4: his fighting skills of his goal scoring thirty three seconds later.

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Speaker 4: Our Semi Pineren scored minut and a half after that.

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Speaker 4: Jimmy VC Rangers beat Washington four to one. Game two

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Speaker 4: tomorrow home team's all one Florida, Vancouver and Winnipeg a

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Speaker 4: wild one with Colorado. The Jets won seven to six

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Speaker 4: to six goals scored in both the first and third periods.

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Speaker 11: Home cooking.

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Speaker 4: Also in the NBA, Celtics by twenty over Miami, Jason

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Speaker 4: Tatum at triple double. Clippers played without the injured Kawhi

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Speaker 4: Leonards still beat Dallas easily. Milwaukee was without Gianni sun

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Speaker 4: To the Compost still beat Indiana easily. Damian Lillard scored

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Speaker 4: thirty five for the Bucks, all of them in the

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Speaker 4: first half. Close won last night in Oklahoma City by

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Speaker 4: two over New Orleans Nixon Sixers. Game two tonight at MSG,

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Speaker 4: the Mets six game win streak came to a crashy haul.

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Speaker 4: Dodgers won ten to nothing. A home run for showe

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Speaker 4: O Tommy that gave him the record for most by

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Speaker 4: a Japanese player, surpassing the x Yankee Hideki Matsui. Yankees

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Speaker 4: top Tampa Bay five to four day game today at

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Speaker 4: the stadium with Oakland. The only thing that can stop

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Speaker 4: Scottie Scheffler the rain at Hilton Head. He'll be back

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Speaker 4: early this morning to seemingly finished up another win. Leads

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Speaker 4: by five with three holes to play. It'll be Scheffer's

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Speaker 4: fourth winning his last five and on the LPGA Tour,

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Speaker 4: Nelly Corda has won each of her last five tournaments.

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Speaker 4: The only others to do that Nancy Lopez and Anica

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Speaker 4: Sorenstain that with Bloomberg Sports.

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Speaker 10: Coast to Coast on Bloomberg Radio, nationwide on Sirius XM,

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Speaker 10: and around the world on Bloomberg dot Com and the

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Speaker 10: Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm

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Speaker 10: Nathan Hager.

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Speaker 3: Months of deadlock on aid to Ukraine and Israel are

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Speaker 3: finally broken on Capitol Hill. The ninety five billion dollar

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Speaker 3: package is headed to the Senate now for the first

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Speaker 3: votes expected tomorrow after a bipartisan series of votes in

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Speaker 3: the House that had Speaker Mike Johnson facing off with

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Speaker 3: hardliners in his own party for more.

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Speaker 5: We are joined by.

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Speaker 3: Terry Haynes, founder of Pangaea Policy. Terry, Good morning, does

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Speaker 3: the passage of this aid blunt geopolitical risk for this market?

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Speaker 13: Good morning, Nathan. You know, I think the Ukraine the

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Speaker 13: House package is a geopolitical risk positive, but I think

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Speaker 13: it's very much outweighed by what's going on in the

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Speaker 13: Middle East right now. You know the mark I think

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Speaker 13: are taking comfort in the word de escalation, But when

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Speaker 13: you've had very serious escalation before people decide they're not

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Speaker 13: going to shoot everything they've got at each other, that

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Speaker 13: net serious escalation, not de escalation. You know, if you

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Speaker 13: have the stock goes up by ten points and then

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Speaker 13: it goes down one, you know like that it's not

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Speaker 13: going down you got plus nine. And that's kind of

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Speaker 13: where we are today.

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Speaker 3: And now that this package is heading to the Senate,

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Speaker 3: I wonder what that risk of further escalation in the

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Speaker 3: Middle East means for the prospects for this package there.

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Speaker 3: I've got to think that there would be a number

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Speaker 3: of progressive senators who are concerned about the way this

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Speaker 3: war has been going in Gaza that might have a

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Speaker 3: little bit of pause when it comes to providing further aid.

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Speaker 3: Is there that risk there?

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Speaker 13: Sure?

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Speaker 2: Yeah?

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Speaker 13: I think in the end this aid package passes by

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Speaker 13: the way, so let's start there. But yeah, absolutely, there

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Speaker 13: are a lot of things that could slow this down,

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Speaker 13: and concerns about Gazer is right up there at the top.

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Speaker 13: Another potential one is the TikTok issue. Not so much

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Speaker 13: because there's any lack of concern about TikTok, but there

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Speaker 13: is a difference of opinion. There has been a difference

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Speaker 13: of opinion in the Senate with the House on exactly

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Speaker 13: how you ought to deal with the TikTok issue, So

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Speaker 13: there's a potential that that falls out or changes as well.

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Speaker 13: And if that happens and the Center ultimately passes a

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Speaker 13: bill that isn't identical to the House, then it has

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Speaker 13: to go back to the House for another vote, So

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Speaker 13: this might get delayed by a week or so.

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Speaker 3: The TikTok aspect of this is pretty interesting because it's

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Speaker 3: been altered to give by Dance up to a year

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Speaker 3: to finish the divestment, which puts it past the November election.

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Speaker 3: And any concerns that a lot of lawmakers might have

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Speaker 3: about whether this app could have an impact on the

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Speaker 3: November election.

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Speaker 13: Yeah, it's on that level. I think it's it's a

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Speaker 13: little strange. Yeah, at the same time, I think it is.

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Speaker 13: The impulse here was primarily fairness, the idea that that

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Speaker 13: an immediate divestiture would be unfair to the asset, and

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Speaker 13: and and look like some sort of a fire sale,

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Speaker 13: and frankly bring up another another series of legal issues.

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Speaker 13: So so what they decided to do was give it

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Speaker 13: some time to to to find an appropriate buyer.

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Speaker 3: In terms of how this got done, Terry House Speaker

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Speaker 3: Johnson had to look past an ouster threat to work

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Speaker 3: with Democrats to get it done. Is Speaker Johnson's job

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Speaker 3: in danger this morning?

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Speaker 13: Yeah, certainly there's a threat to it. I do think

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Speaker 13: that it's it's less likely that he ends up getting ousted,

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Speaker 13: though you know, if I had to put my put

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Speaker 13: my quarter somewhere, I'd put it on john staying.

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Speaker 2: Uh.

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Speaker 13: You know, the vast, vast majority of Republicans want him

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Speaker 13: to stay, and I think that continues. I don't I

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Speaker 13: don't take lightly the idea that this small band of

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Speaker 13: supposed House purists might seek to try to take him down.

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Speaker 13: But I think there's there's such disapproval from the from

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Speaker 13: the body of Republicans overall that I think it's it's

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Speaker 13: unlikely to happen. What these folks seem to be hanging

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Speaker 13: their hat on. Is the idea that if there's any

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Speaker 13: you know, there, any more than the three that are

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Speaker 13: currently now there, well, then Johnson's going to see the

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Speaker 13: light and he's gonna, you know, he's going to have

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Speaker 13: to resign just to be honorable or something. Well, you know,

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Speaker 13: Johnson's already showed you what he's interested in being honorable on,

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Speaker 13: which is, among other things, American leadership and globally an

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Speaker 13: American foreign policy. He professes not to be concerned about that,

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Speaker 13: and I think I'll take it as a word on it.

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