1 00:00:01,000 --> 00:00:03,960 Speaker 1: News when you wanted it with Bloomberg News Now, I'm 2 00:00:03,960 --> 00:00:08,119 Speaker 1: Brian Curtis. In Hong Kong, Marie Lapen's National Rally scored 3 00:00:08,119 --> 00:00:11,880 Speaker 1: in emphatic victory in the first round of France's legislative election. 4 00:00:12,440 --> 00:00:15,800 Speaker 1: The party is now setting its sights on an absolute majority. 5 00:00:16,239 --> 00:00:19,720 Speaker 1: President Emmanuel Macron's party has slumped to third place in 6 00:00:19,800 --> 00:00:23,120 Speaker 1: this first round of voting. The latest count has lapenz 7 00:00:23,200 --> 00:00:26,040 Speaker 1: party receiving as much as thirty four percent of the vote. 8 00:00:26,360 --> 00:00:29,440 Speaker 1: The left wing New Popular Front coalition is projected to 9 00:00:29,440 --> 00:00:33,280 Speaker 1: receive about twenty nine percent. In the meantime, Macrone's Centrist 10 00:00:33,280 --> 00:00:37,200 Speaker 1: alliance is projected to net between twenty one and twenty 11 00:00:37,280 --> 00:00:41,640 Speaker 1: two percent. Lapen's other opponents are now maneuvering to keep 12 00:00:41,680 --> 00:00:44,800 Speaker 1: the far right from taking power, as each party tries 13 00:00:44,840 --> 00:00:47,960 Speaker 1: to maximize its chances in the final ballot next weekend. 14 00:00:48,720 --> 00:00:52,160 Speaker 1: Well Today marks the twenty seventh anniversary since Hong Kong 15 00:00:52,360 --> 00:00:55,840 Speaker 1: was handed over to China. Former Hong Kong lawmaker and 16 00:00:56,040 --> 00:00:59,640 Speaker 1: Hong Kong Democratic Party member Emily Lao was asked what 17 00:00:59,680 --> 00:01:01,880 Speaker 1: Hong Kong needs from Beijing to thrive. 18 00:01:02,280 --> 00:01:09,080 Speaker 2: What we need as a civilized society is prularity, diversity. 19 00:01:09,760 --> 00:01:12,240 Speaker 2: Not that I'm saying, oh, they should allow the Democratic 20 00:01:12,280 --> 00:01:14,720 Speaker 2: Party to take part in elections, of course they should, 21 00:01:15,000 --> 00:01:18,080 Speaker 2: but they should allow others to take part in elections 22 00:01:18,480 --> 00:01:22,119 Speaker 2: to show tolerance that Hong Kong is a place that 23 00:01:22,200 --> 00:01:27,080 Speaker 2: people with different views can coexist peacefully, and that's what 24 00:01:27,120 --> 00:01:29,360 Speaker 2: we did in the past. It's not as if I'm 25 00:01:29,400 --> 00:01:32,800 Speaker 2: asking for something from the moon. So this is important 26 00:01:33,080 --> 00:01:37,120 Speaker 2: so that business people, professional people, they understand that this 27 00:01:37,280 --> 00:01:41,480 Speaker 2: is a place that tolerate difference of opinion. You will 28 00:01:41,520 --> 00:01:44,680 Speaker 2: be respected, you will not be arrested, and you will 29 00:01:44,720 --> 00:01:45,959 Speaker 2: not be thrown into prison. 30 00:01:46,520 --> 00:01:49,600 Speaker 1: Emily Lao. You can find the full interview on our 31 00:01:49,640 --> 00:01:54,600 Speaker 1: bonus episode of the Bloomberg Daybreak Asia podcast. Chief Justice 32 00:01:54,680 --> 00:01:57,720 Speaker 1: John Roberts announced that the US Supreme Court will issue 33 00:01:57,760 --> 00:02:01,560 Speaker 1: the final opinions of its term today. Among those decisions 34 00:02:01,640 --> 00:02:06,040 Speaker 1: is the question of presidential immunity. Bloomberg's Amy Morris reports 35 00:02:06,040 --> 00:02:06,760 Speaker 1: from Washington. 36 00:02:06,920 --> 00:02:10,040 Speaker 3: The justices will rule on whether former President Donald Trump 37 00:02:10,120 --> 00:02:13,679 Speaker 3: is immune from criminal prosecution in the election interference case 38 00:02:13,720 --> 00:02:16,959 Speaker 3: against him. It's about two months after hearing those arguments. 39 00:02:17,120 --> 00:02:20,400 Speaker 3: The Supreme Court has ruled before that former presidents can't 40 00:02:20,440 --> 00:02:23,160 Speaker 3: be sued in civil cases for what they did in office, 41 00:02:23,200 --> 00:02:26,560 Speaker 3: but it's never weighed on criminal immunity. Even if the 42 00:02:26,560 --> 00:02:29,679 Speaker 3: court decides he's not immune, Trump's trial in Washington, d C. 43 00:02:29,919 --> 00:02:33,160 Speaker 3: Might not take place before the November election. The last 44 00:02:33,240 --> 00:02:35,760 Speaker 3: of the Supreme Court opinions are scheduled to be released 45 00:02:35,760 --> 00:02:38,680 Speaker 3: at ten this morning. Amy Morris Bloomberg Radio. 46 00:02:38,840 --> 00:02:41,840 Speaker 1: Bloomberg News has learned that the Department of Justice will 47 00:02:41,880 --> 00:02:45,480 Speaker 1: pursue fraud charges against Boeing. The charges are linked to 48 00:02:45,560 --> 00:02:50,400 Speaker 1: incidents in twenty eighteen and twenty nineteen involving Boeing's Max aircraft. 49 00:02:50,760 --> 00:02:53,040 Speaker 1: The DOJ is said to have told Boeing it will 50 00:02:53,040 --> 00:02:55,919 Speaker 1: have to pay a fine and accept a federal monitor 51 00:02:56,080 --> 00:03:00,600 Speaker 1: over its operations Siparately, we've learned that Boeing has agreed 52 00:03:00,600 --> 00:03:04,680 Speaker 1: to buy Spirit Aerosystems. Reuters is reporting that Boeing will 53 00:03:04,720 --> 00:03:07,160 Speaker 1: pay thirty seven dollars in twenty five cents a share 54 00:03:07,240 --> 00:03:10,040 Speaker 1: for the plain parts supplier. The deal is said to 55 00:03:10,120 --> 00:03:13,760 Speaker 1: value the supplier at more than four billion dollars. Well, 56 00:03:13,800 --> 00:03:16,720 Speaker 1: it's a holiday shortened week in the United States this week, 57 00:03:16,960 --> 00:03:20,200 Speaker 1: but there will be plenty for markets to consider. Bloomberg's 58 00:03:20,240 --> 00:03:21,640 Speaker 1: Karen Moscow has a preview. 59 00:03:21,760 --> 00:03:25,600 Speaker 4: It all starts a Monday with construction spending in ISM manufacturing. 60 00:03:25,639 --> 00:03:28,239 Speaker 4: Tuesday we get the Jolt's Jobs report, while Wednesday gets 61 00:03:28,240 --> 00:03:31,679 Speaker 4: private payrolls from the ADP Research Institute. That's also the 62 00:03:31,760 --> 00:03:34,480 Speaker 4: day we get a look at ISMS services, factory orders, 63 00:03:34,560 --> 00:03:38,040 Speaker 4: durable goods orders, and the weekly report on initial jobless claims, 64 00:03:38,080 --> 00:03:40,400 Speaker 4: as well as minutes from the June FED meeting. The 65 00:03:40,440 --> 00:03:43,720 Speaker 4: markets are closed Thursday for the Independence Day holiday. Well 66 00:03:43,800 --> 00:03:46,920 Speaker 4: Friday we get the June payrolls report. Economists expect the 67 00:03:47,000 --> 00:03:49,120 Speaker 4: unemployment rate to hold at a two year high of 68 00:03:49,160 --> 00:03:52,000 Speaker 4: four percent. Karen Moscow Bloomberg Radio. 69 00:03:52,240 --> 00:03:55,640 Speaker 1: A former Tesla employee from California, says the ev maaker 70 00:03:55,720 --> 00:03:59,040 Speaker 1: fired more than ten percent of its workforce without providing 71 00:03:59,080 --> 00:04:02,960 Speaker 1: the advanced notice is required for a mass layoff. Let's 72 00:04:02,960 --> 00:04:05,040 Speaker 1: get the story from Bloomberg's Charlie Pellett. 73 00:04:05,080 --> 00:04:08,120 Speaker 5: According to last week's complaint filed in the U. S. 74 00:04:08,240 --> 00:04:11,520 Speaker 5: District Court for the Northern District of California, the Elon 75 00:04:11,640 --> 00:04:15,400 Speaker 5: Musk led company fired about fourteen thousand people earlier this 76 00:04:15,480 --> 00:04:19,120 Speaker 5: year without giving them the sixty days of advance written 77 00:04:19,160 --> 00:04:23,920 Speaker 5: notice mandated under the Federal Worker Adjustment and Warning Notification 78 00:04:24,160 --> 00:04:27,640 Speaker 5: or WARN Act, and a similar state law. The federal 79 00:04:27,720 --> 00:04:32,000 Speaker 5: lawsuit echoes claims that another former employee made in California 80 00:04:32,040 --> 00:04:35,799 Speaker 5: state court in April, shortly after Tesla announced its global 81 00:04:35,920 --> 00:04:40,479 Speaker 5: workforce reduction plans in New York. Charlie Pellett Bloomberg Radio. 82 00:04:41,480 --> 00:04:44,400 Speaker 1: That's news when you want it with Bloomberg News Now. 83 00:04:44,800 --> 00:04:46,680 Speaker 1: I'm Brion Curtis. This is Bloomberg