WEBVTT - Kimmel Returns to ABC; Trump Tylenol Recommendation

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>Good morning, I'm Nathan Hager and I'm Karen Moscow. Here

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<v Speaker 2>are the stories we're following today.

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<v Speaker 3>Karen, we begin with entertainment and the announcement from the

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<v Speaker 3>Walt Disney Company that ABC's Jimmy Kimmel Live will be

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<v Speaker 3>back on air tonight. The show was suspended last week

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<v Speaker 3>after comments from the late night host about the assassination

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<v Speaker 3>of conservative activist Charlie Kirk. Two station owners, Next Star

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<v Speaker 3>and Sinclair, said they would preempt Kimmel indefinitely. Sinclair says

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<v Speaker 3>it plans to keep airing news programming instead of Kimmel's

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<v Speaker 3>show while it continues talks with ABC. Bloomberg's Chris Paul

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<v Speaker 3>Mary says questions remain about Kimmel's future.

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<v Speaker 4>There have been discussions at the highest level, we understand

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<v Speaker 4>from Disney CEO Bob Iger and Dana Walden, the head

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<v Speaker 4>of TV, directly with Jimmy Kimmel himself, over what the

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<v Speaker 4>future would hold. Right now, we don't know how any

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<v Speaker 4>details in terms of what he's going to say say

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<v Speaker 4>on Tuesday, but part of that has you know, there

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<v Speaker 4>have been calls from some of the station owners for

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<v Speaker 4>him to apologize to Charlie Kurk's family even make a donation.

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<v Speaker 3>Bloomberg's Chris Paul Mary says. Disney contends it had thoughtful

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<v Speaker 3>conversations with Kimmel. Sources say the host will address the

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<v Speaker 3>controversy when he takes the stage tonight. Jimmy Kimmel's contract

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<v Speaker 3>with Disney expires next May.

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<v Speaker 2>Well Nathan we turned to Washington now that Trump administration

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<v Speaker 2>is advising pregnant women to avoid taking thailand All, citing

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<v Speaker 2>fears over autism, and Bloomberg's Amy Morris has more from

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<v Speaker 2>the nation's capital.

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<v Speaker 5>The FDA recommends pregnant women talk to their doctors about

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<v Speaker 5>any risks of taking thailand All during their pregnancy. President

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<v Speaker 5>Trump a.

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<v Speaker 6>Ceda minifin, which is basically commonly known as tayland All

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<v Speaker 6>during pregnancy can be associated with a very increased risk

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<v Speaker 6>of autism.

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<v Speaker 5>Health Secretary Robert F. Kennedy Junior promised earlier this year

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<v Speaker 5>to determine the cause of autism by September. That baffled

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<v Speaker 5>brain experts, who say there is no single cause and

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<v Speaker 5>that the rhetoric appears to ignore decades of science into

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<v Speaker 5>the genetic and environmental factors that can play a role

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<v Speaker 5>in Washington. Amy Morris, Bloomberg Radio.

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<v Speaker 3>All right, Amy, thank you. President Trump is now in

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<v Speaker 3>New York for the United Nations General Assembly. He'll deliver

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<v Speaker 3>the first address of his second term to the annual

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<v Speaker 3>gathering of world leaders this morning. He has a raft

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<v Speaker 3>of meetings with world leaders, including UN Secretary General Antonio Guterrez.

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<v Speaker 3>The White House announced earlier this month that it would

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<v Speaker 3>use this year's General Assembly to push other countries to

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<v Speaker 3>adopt more restrictions on asylum. The President is also expected

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<v Speaker 3>to touch on Israel's war in Gaza. Several nations have

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<v Speaker 3>recognized a Palestinian state at this conference and Nathan.

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<v Speaker 2>As global leaders flow into New York this week, some

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<v Speaker 2>countries could look to upgrade their airline fleets. Transactions involving

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<v Speaker 2>Boeing are by now a common feature of President Trump's

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<v Speaker 2>visits with foreign leaders. Several countries, including Turkey and Morocco

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<v Speaker 2>in Indonesia, are considering or have announced orders for Boeing aircrafts.

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<v Speaker 2>Through August, the planemaker had secured at seven hundred and

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<v Speaker 2>twenty five aircraft sales versus six hundred for Airbus, putting

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<v Speaker 2>Boeing on track to outperform as European rival for the

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<v Speaker 2>first full year since twenty twenty one, and looking at

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<v Speaker 2>Boeing shares this morning up about one point nine percent.

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<v Speaker 3>Also watching a couple of AI giants, Karen and Nvidia

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<v Speaker 3>plans to invest one hundred billion dollars in open Ai,

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<v Speaker 3>a deal that underlines booming demand for artificial intelligence tools

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<v Speaker 3>like chat, GPT.

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<v Speaker 7>In Vidia CEO.

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<v Speaker 3>Jensen Wong discussed the partnership on CNBC.

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<v Speaker 8>There's never been an engineering project, a technical project of

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<v Speaker 8>this complexity in this scale ever, and it really just

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<v Speaker 8>says that AI was in the early adopter phase in

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<v Speaker 8>the labs and finally it's breaking out into just about

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<v Speaker 8>every single industry, every single use case we can imagine.

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<v Speaker 3>Man, alongside Jensen Wog, Open Ai CEO Sam Altman, said

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<v Speaker 3>it's critical to their goals.

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<v Speaker 9>Now that we really see what's on the near term

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<v Speaker 9>horizon of how good the models are getting, the new

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<v Speaker 9>use cases that are being enabled, what people want to do.

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<v Speaker 9>This is like the fuel that we need to drive improvement,

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<v Speaker 9>to drive better models, to drive revenue everything.

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<v Speaker 3>Sam Altman and Jensen Wong spoke on CNBC to mark

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<v Speaker 3>the deal. It is the latest and largest in a

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<v Speaker 3>string of investments by Nvidia. This tie up will fund

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<v Speaker 3>new data centers and infrastructure equipped with in Vidia's advanced chips.

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<v Speaker 2>Let's check the economy now, Nathan, and we heard from

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<v Speaker 2>Fed Governor Stephen Myron yesterday. In his first policy speech

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<v Speaker 2>since joining the Central Bank, Myron says interest rate should

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<v Speaker 2>be much lower to avoid economic damage. His view on

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<v Speaker 2>rates aligns with President Trump, but he told Bloomberg Saleha Mosen,

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<v Speaker 2>He's not directly influenced by the President.

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<v Speaker 10>He's never asked me to set policy in a specific way.

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<v Speaker 10>So Amyery never asked me. It's never happened. I knew

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<v Speaker 10>my job as trying to provoke an interesting discussion that

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<v Speaker 10>will help that will help the FMC arrive at and

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<v Speaker 10>arrive at clear understandings of what the economy works and

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<v Speaker 10>where Monterey Polis should be set.

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<v Speaker 2>And speaking at the Economic Club of New York, Fed

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<v Speaker 2>Governor Stephen Myron also argued that the neutral raid has

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<v Speaker 2>been pushed lower by tariffs, immigration restrictions, and tax policy.

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<v Speaker 3>And back in Washington, Karen Bloomberg News has learned Congressional

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<v Speaker 3>Democrats planned to meet with President Trump this week to

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<v Speaker 3>discuss ways to keep the government operating. As an October

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<v Speaker 3>first shut down deadline draws closer, sources tell us the

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<v Speaker 3>meeting will happen on Thursday. A White House spokesperson has

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<v Speaker 3>declined to comment. President Trump has said he thinks a

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<v Speaker 3>shutdown is likely, but is willing to meet Democrats.

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<v Speaker 2>We lover ses Nathan. Hong Kong issued its third highest

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<v Speaker 2>storm warning as super typhoon Regasa tracks toward the area.

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<v Speaker 2>The typhoon's packing sustain wins of one hundred and thirty

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<v Speaker 2>seven miles per hour, according to the local weather agency.

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<v Speaker 2>That's equivalent to a Category four hurricane. Ragasa has caused

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<v Speaker 2>major flight disruptions and suspension of school classes and business

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<v Speaker 2>activities across southern China after skirting northern Philippines.

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<v Speaker 3>Finally, Karen Argentina has received a commitment from Treasury Secretary

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<v Speaker 3>Scott Bess, and he's pledging to provide all options for

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<v Speaker 3>stabilization to President Javier Malay to keep the country from

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<v Speaker 3>falling back into crisis. Leaders are rushing to contain a

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<v Speaker 3>massive selloff in Argentina's financial markets ahead of midterm elections

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<v Speaker 3>next month. Options for stabilization include currency swap lines, direct

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<v Speaker 3>currency repurchases and US dollar denominated debt from the Treasury's

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<v Speaker 3>Exchange Stabilization Fund. The announcement from Treasury Secretary Bess And

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<v Speaker 3>calmed investors and prompted a rebound in Argentina's assets after

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<v Speaker 3>the central bank in the country burned through more than

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<v Speaker 3>a billion dollars in foreign reserves.

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<v Speaker 2>It is time now for a look at some of

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<v Speaker 2>the other stories making news in New York and around

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<v Speaker 2>the world, and for that were joined by Bloomberg's Michael

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<v Speaker 2>Barr Michael, good Morning.

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<v Speaker 11>Good morning Karen. The White House stands behind Borders are

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<v Speaker 11>Tom Homan following reports that he had accepted fifty thousand

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<v Speaker 11>dollars from undercover agents posing as business people during an

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<v Speaker 11>undercover FBI operation last year. It led to a briber

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<v Speaker 11>investigation that was said to be shut down by the

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<v Speaker 11>Trump administration Justice Department. At the White House press briefing,

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<v Speaker 11>Press Secretary Caroline Lovitt denied the allegations.

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<v Speaker 12>The White House and the President stand by Tom Holman

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<v Speaker 12>one hundred percent because he did absolutely nothing wrong and

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<v Speaker 12>he is a brave public servant who has done a

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<v Speaker 12>phenomenal job in helping the President shut down.

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<v Speaker 11>The border spokesperson love It characterized Homan's encounter with the

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<v Speaker 11>undercover agents as an effort by the Biden administration to

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<v Speaker 11>entrap one of the president's stop allies and supporters. The

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<v Speaker 11>Supreme Court says it will review a ninety year old

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<v Speaker 11>ruling that restricts a president from firing members of the

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<v Speaker 11>Federal Trade Commission. The case could have major ramifications for

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<v Speaker 11>presidential power over what have traditionally been considered independent agencies.

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<v Speaker 11>For now, the Supreme Court's as the President can move

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<v Speaker 11>forward with the firing of Rebecca Slutter, a Democratic member

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<v Speaker 11>of the FTC first appointed in twenty eighteen. The Court's

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<v Speaker 11>three liberal justices opposed it. Arguments on that are expected

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<v Speaker 11>in December. Out today, US News and World Report's Best

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<v Speaker 11>Colleges list. Lamont Jones is managing editor for Education.

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<v Speaker 7>Number one is Princeton and the twenty twenty six edition.

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<v Speaker 7>Number two is MIT, followed by Harvard, F three, and

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<v Speaker 7>then a tie at four between Stanford and Yale.

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<v Speaker 11>Lamont Jones says, while US News will be watching for

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<v Speaker 11>how the Trump administration's funding cuts affect the list next year,

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<v Speaker 11>the data for this year's list predates those announcements. Global

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<v Speaker 11>News twenty four hours a day and whenever you want

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<v Speaker 11>it with Bloomberg News Now Michael Barr and this is

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<v Speaker 11>Bloomberg Karon.

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<v Speaker 2>Thanks Michael. Time now for our Bloomberg Sports update, and

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<v Speaker 2>for that we bring in John Stashauer.

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<v Speaker 13>Thanks Jarn. Good money out of the dabwek Lyons and

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<v Speaker 13>Ravens in Baltimore tight at seven and fourteen, then twenty one,

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<v Speaker 13>and then Detroit pulled away and won thirty eight to thirty.

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<v Speaker 13>David Montgomery one hundred and fifty one rushing yards. He

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<v Speaker 13>had two touchdowns, so the Jamir Gibbs Lamar Jackson threw

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<v Speaker 13>three touchdown passes in defeat, but he got sacked seven times,

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<v Speaker 13>so the Lions won. Now, let's see what the Tigers do.

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<v Speaker 13>They had a twelve game lead on the Guardians in

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<v Speaker 13>late August. The Guardians with a ten game winning straight.

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<v Speaker 13>They're not only one game out. They host the Tigers tonight.

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<v Speaker 13>That's a Bloomberg Sports update.

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<v Speaker 2>Stay with us. More from Bloomberg Day Break coming up

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<v Speaker 2>after this.

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<v Speaker 1>Coast to coast on Bloomberg Radio, nationwide on Sirius XM,

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<v Speaker 1>and around the world on Bloomberg dot Com and the

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<v Speaker 1>Bloomberg Business app. This is Bloomberg Daybreak.

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<v Speaker 3>I want to give more now and some of the

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<v Speaker 3>top stories we're covering this morning, including Walt Disney's announcement

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<v Speaker 3>that Jimmy Kimmel Live will be live once again tonight.

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<v Speaker 3>Joining us now is Bloomberg's Jill Desa and Jill. Of course,

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<v Speaker 3>we saw some of the backlash surrounding Disney's decision to

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<v Speaker 3>pull the show after there was some pressure from the FCC.

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<v Speaker 3>What's Disney saying about what's got it to this place?

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<v Speaker 14>Good morning, Yes, Good morning, Nathan. So what Disney said

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<v Speaker 14>in the aftermath of all of this is, you know,

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<v Speaker 14>now obviously Jimmy Kimmel is preparing to return to air,

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<v Speaker 14>is that they made this decision to suspend production on

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<v Speaker 14>the show quote to avoid further inflaming a tense situation

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<v Speaker 14>at an emotional moment for our country. That's the quote

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<v Speaker 14>from Disney that they put out on Monday. This, of course,

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<v Speaker 14>relates to some comments that Jimmy Kimmel made on a

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<v Speaker 14>show recently that were about the killing of the conservative

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<v Speaker 14>activist Charlie Kirk. That's really kind of become a really

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<v Speaker 14>severe political flashpoint within the United States. Pulling that show

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<v Speaker 14>after several of these large broadcasters pulled that show. What

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<v Speaker 14>we understand now is that Jimmy Kimmel actually talk personally

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<v Speaker 14>with Disney CEO Bob Iger about his return. He will

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<v Speaker 14>be returning to the air tonight, but it doesn't necessarily

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<v Speaker 14>mean that every single broadcaster is automatically following suit Sinclaire. Actually,

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<v Speaker 14>I think, as we've been discussing, that's the largest owner

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<v Speaker 14>of ABCTV stations has said that it will continue to

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<v Speaker 14>preance Kimball's show. So again, this continues to be a

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<v Speaker 14>developing story. But we'll see how Jimmy Kimmel actually plans

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<v Speaker 14>on addressing this when he returns to the air tonight.

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<v Speaker 3>Yeah, that'll certainly be a big development once we hear

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<v Speaker 3>that latest monologue, following what we heard the last of

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<v Speaker 3>what we heard from Jimmy Kimmel last week. Of course,

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<v Speaker 3>some of the other big news this morning is the

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<v Speaker 3>announcement from the Trump administration linking tail and all to

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<v Speaker 3>autism and pretty strong terms from President Trump, even stronger

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<v Speaker 3>terms maybe than his own government.

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<v Speaker 14>Yes, I think this was really really significant development obviously

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<v Speaker 14>out of the Trump administration, where you did have Donald

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<v Speaker 14>Trump saying himself that Tyler on all is quote not good.

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<v Speaker 14>So he was giving this recommendation. He's saying about limiting

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<v Speaker 14>or recommending that women limit the use of thailanol. This

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<v Speaker 14>has obviously caused quite a bit of controversy, particularly within

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<v Speaker 14>the medical community. There have been attempts to think that

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<v Speaker 14>we've been discussing for years now to potentially link autism

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<v Speaker 14>to thailanol, a set of medicine that's the ingredient in

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<v Speaker 14>thailanal or other you know sort of causes. There's not

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<v Speaker 14>really any sort of clear cause for the development of autism.

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<v Speaker 14>And while we've seen, you know, there's one study that potentially,

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<v Speaker 14>you know, sort of created a correlation there, there's really

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<v Speaker 14>no clear causation there. So this has actually been met

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<v Speaker 14>with some pretty strong condemnation from the medical community. I think,

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<v Speaker 14>you know, one of the really key things to keep

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<v Speaker 14>in mind when you're looking at this particular announcement from

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<v Speaker 14>the Trump administration is that a lot of scientists are

0:12:52.840 --> 0:12:56.880
<v Speaker 14>warning that if fevers are untreated, so if women aren't

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<v Speaker 14>taking something like a tailanol or something else that can

0:13:00.120 --> 0:13:02.640
<v Speaker 14>can sort of alleviate that particular symptom, that could actually

0:13:02.679 --> 0:13:05.560
<v Speaker 14>expose women in their babies to greater risks. So I think,

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<v Speaker 14>you know, it's really important to really kind of clarify

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<v Speaker 14>that this is something that's been met with a lot

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<v Speaker 14>of condinations from scientists.

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