Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
Speaker 2: are the stories we're following today.
Speaker 3: Karen, we begin with entertainment and the announcement from the
Speaker 3: Walt Disney Company that ABC's Jimmy Kimmel Live will be
Speaker 3: back on air tonight. The show was suspended last week
Speaker 3: after comments from the late night host about the assassination
Speaker 3: of conservative activist Charlie Kirk. Two station owners, Next Star
Speaker 3: and Sinclair, said they would preempt Kimmel indefinitely. Sinclair says
Speaker 3: it plans to keep airing news programming instead of Kimmel's
Speaker 3: show while it continues talks with ABC. Bloomberg's Chris Paul
Speaker 3: Mary says questions remain about Kimmel's future.
Speaker 4: There have been discussions at the highest level, we understand
Speaker 4: from Disney CEO Bob Iger and Dana Walden, the head
Speaker 4: of TV, directly with Jimmy Kimmel himself, over what the
Speaker 4: future would hold. Right now, we don't know how any
Speaker 4: details in terms of what he's going to say say
Speaker 4: on Tuesday, but part of that has you know, there
Speaker 4: have been calls from some of the station owners for
Speaker 4: him to apologize to Charlie Kurk's family even make a donation.
Speaker 3: Bloomberg's Chris Paul Mary says. Disney contends it had thoughtful
Speaker 3: conversations with Kimmel. Sources say the host will address the
Speaker 3: controversy when he takes the stage tonight. Jimmy Kimmel's contract
Speaker 3: with Disney expires next May.
Speaker 2: Well Nathan we turned to Washington now that Trump administration
Speaker 2: is advising pregnant women to avoid taking thailand All, citing
Speaker 2: fears over autism, and Bloomberg's Amy Morris has more from
Speaker 2: the nation's capital.
Speaker 5: The FDA recommends pregnant women talk to their doctors about
Speaker 5: any risks of taking thailand All during their pregnancy. President
Speaker 5: Trump a.
Speaker 6: Ceda minifin, which is basically commonly known as tayland All
Speaker 6: during pregnancy can be associated with a very increased risk
Speaker 6: of autism.
Speaker 5: Health Secretary Robert F. Kennedy Junior promised earlier this year
Speaker 5: to determine the cause of autism by September. That baffled
Speaker 5: brain experts, who say there is no single cause and
Speaker 5: that the rhetoric appears to ignore decades of science into
Speaker 5: the genetic and environmental factors that can play a role
Speaker 5: in Washington. Amy Morris, Bloomberg Radio.
Speaker 3: All right, Amy, thank you. President Trump is now in
Speaker 3: New York for the United Nations General Assembly. He'll deliver
Speaker 3: the first address of his second term to the annual
Speaker 3: gathering of world leaders this morning. He has a raft
Speaker 3: of meetings with world leaders, including UN Secretary General Antonio Guterrez.
Speaker 3: The White House announced earlier this month that it would
Speaker 3: use this year's General Assembly to push other countries to
Speaker 3: adopt more restrictions on asylum. The President is also expected
Speaker 3: to touch on Israel's war in Gaza. Several nations have
Speaker 3: recognized a Palestinian state at this conference and Nathan.
Speaker 2: As global leaders flow into New York this week, some
Speaker 2: countries could look to upgrade their airline fleets. Transactions involving
Speaker 2: Boeing are by now a common feature of President Trump's
Speaker 2: visits with foreign leaders. Several countries, including Turkey and Morocco
Speaker 2: in Indonesia, are considering or have announced orders for Boeing aircrafts.
Speaker 2: Through August, the planemaker had secured at seven hundred and
Speaker 2: twenty five aircraft sales versus six hundred for Airbus, putting
Speaker 2: Boeing on track to outperform as European rival for the
Speaker 2: first full year since twenty twenty one, and looking at
Speaker 2: Boeing shares this morning up about one point nine percent.
Speaker 3: Also watching a couple of AI giants, Karen and Nvidia
Speaker 3: plans to invest one hundred billion dollars in open Ai,
Speaker 3: a deal that underlines booming demand for artificial intelligence tools
Speaker 3: like chat, GPT.
Speaker 7: In Vidia CEO.
Speaker 3: Jensen Wong discussed the partnership on CNBC.
Speaker 8: There's never been an engineering project, a technical project of
Speaker 8: this complexity in this scale ever, and it really just
Speaker 8: says that AI was in the early adopter phase in
Speaker 8: the labs and finally it's breaking out into just about
Speaker 8: every single industry, every single use case we can imagine.
Speaker 3: Man, alongside Jensen Wog, Open Ai CEO Sam Altman, said
Speaker 3: it's critical to their goals.
Speaker 9: Now that we really see what's on the near term
Speaker 9: horizon of how good the models are getting, the new
Speaker 9: use cases that are being enabled, what people want to do.
Speaker 9: This is like the fuel that we need to drive improvement,
Speaker 9: to drive better models, to drive revenue everything.
Speaker 3: Sam Altman and Jensen Wong spoke on CNBC to mark
Speaker 3: the deal. It is the latest and largest in a
Speaker 3: string of investments by Nvidia. This tie up will fund
Speaker 3: new data centers and infrastructure equipped with in Vidia's advanced chips.
Speaker 2: Let's check the economy now, Nathan, and we heard from
Speaker 2: Fed Governor Stephen Myron yesterday. In his first policy speech
Speaker 2: since joining the Central Bank, Myron says interest rate should
Speaker 2: be much lower to avoid economic damage. His view on
Speaker 2: rates aligns with President Trump, but he told Bloomberg Saleha Mosen,
Speaker 2: He's not directly influenced by the President.
Speaker 10: He's never asked me to set policy in a specific way.
Speaker 10: So Amyery never asked me. It's never happened. I knew
Speaker 10: my job as trying to provoke an interesting discussion that
Speaker 10: will help that will help the FMC arrive at and
Speaker 10: arrive at clear understandings of what the economy works and
Speaker 10: where Monterey Polis should be set.
Speaker 2: And speaking at the Economic Club of New York, Fed
Speaker 2: Governor Stephen Myron also argued that the neutral raid has
Speaker 2: been pushed lower by tariffs, immigration restrictions, and tax policy.
Speaker 3: And back in Washington, Karen Bloomberg News has learned Congressional
Speaker 3: Democrats planned to meet with President Trump this week to
Speaker 3: discuss ways to keep the government operating. As an October
Speaker 3: first shut down deadline draws closer, sources tell us the
Speaker 3: meeting will happen on Thursday. A White House spokesperson has
Speaker 3: declined to comment. President Trump has said he thinks a
Speaker 3: shutdown is likely, but is willing to meet Democrats.
Speaker 2: We lover ses Nathan. Hong Kong issued its third highest
Speaker 2: storm warning as super typhoon Regasa tracks toward the area.
Speaker 2: The typhoon's packing sustain wins of one hundred and thirty
Speaker 2: seven miles per hour, according to the local weather agency.
Speaker 2: That's equivalent to a Category four hurricane. Ragasa has caused
Speaker 2: major flight disruptions and suspension of school classes and business
Speaker 2: activities across southern China after skirting northern Philippines.
Speaker 3: Finally, Karen Argentina has received a commitment from Treasury Secretary
Speaker 3: Scott Bess, and he's pledging to provide all options for
Speaker 3: stabilization to President Javier Malay to keep the country from
Speaker 3: falling back into crisis. Leaders are rushing to contain a
Speaker 3: massive selloff in Argentina's financial markets ahead of midterm elections
Speaker 3: next month. Options for stabilization include currency swap lines, direct
Speaker 3: currency repurchases and US dollar denominated debt from the Treasury's
Speaker 3: Exchange Stabilization Fund. The announcement from Treasury Secretary Bess And
Speaker 3: calmed investors and prompted a rebound in Argentina's assets after
Speaker 3: the central bank in the country burned through more than
Speaker 3: a billion dollars in foreign reserves.
Speaker 2: It is time now for a look at some of
Speaker 2: the other stories making news in New York and around
Speaker 2: the world, and for that were joined by Bloomberg's Michael
Speaker 2: Barr Michael, good Morning.
Speaker 11: Good morning Karen. The White House stands behind Borders are
Speaker 11: Tom Homan following reports that he had accepted fifty thousand
Speaker 11: dollars from undercover agents posing as business people during an
Speaker 11: undercover FBI operation last year. It led to a briber
Speaker 11: investigation that was said to be shut down by the
Speaker 11: Trump administration Justice Department. At the White House press briefing,
Speaker 11: Press Secretary Caroline Lovitt denied the allegations.
Speaker 12: The White House and the President stand by Tom Holman
Speaker 12: one hundred percent because he did absolutely nothing wrong and
Speaker 12: he is a brave public servant who has done a
Speaker 12: phenomenal job in helping the President shut down.
Speaker 11: The border spokesperson love It characterized Homan's encounter with the
Speaker 11: undercover agents as an effort by the Biden administration to
Speaker 11: entrap one of the president's stop allies and supporters. The
Speaker 11: Supreme Court says it will review a ninety year old
Speaker 11: ruling that restricts a president from firing members of the
Speaker 11: Federal Trade Commission. The case could have major ramifications for
Speaker 11: presidential power over what have traditionally been considered independent agencies.
Speaker 11: For now, the Supreme Court's as the President can move
Speaker 11: forward with the firing of Rebecca Slutter, a Democratic member
Speaker 11: of the FTC first appointed in twenty eighteen. The Court's
Speaker 11: three liberal justices opposed it. Arguments on that are expected
Speaker 11: in December. Out today, US News and World Report's Best
Speaker 11: Colleges list. Lamont Jones is managing editor for Education.
Speaker 7: Number one is Princeton and the twenty twenty six edition.
Speaker 7: Number two is MIT, followed by Harvard, F three, and
Speaker 7: then a tie at four between Stanford and Yale.
Speaker 11: Lamont Jones says, while US News will be watching for
Speaker 11: how the Trump administration's funding cuts affect the list next year,
Speaker 11: the data for this year's list predates those announcements. Global
Speaker 11: News twenty four hours a day and whenever you want
Speaker 11: it with Bloomberg News Now Michael Barr and this is
Speaker 11: Bloomberg Karon.
Speaker 2: Thanks Michael. Time now for our Bloomberg Sports update, and
Speaker 2: for that we bring in John Stashauer.
Speaker 13: Thanks Jarn. Good money out of the dabwek Lyons and
Speaker 13: Ravens in Baltimore tight at seven and fourteen, then twenty one,
Speaker 13: and then Detroit pulled away and won thirty eight to thirty.
Speaker 13: David Montgomery one hundred and fifty one rushing yards. He
Speaker 13: had two touchdowns, so the Jamir Gibbs Lamar Jackson threw
Speaker 13: three touchdown passes in defeat, but he got sacked seven times,
Speaker 13: so the Lions won. Now, let's see what the Tigers do.
Speaker 13: They had a twelve game lead on the Guardians in
Speaker 13: late August. The Guardians with a ten game winning straight.
Speaker 13: They're not only one game out. They host the Tigers tonight.
Speaker 13: That's a Bloomberg Sports update.
Speaker 2: Stay with us. More from Bloomberg Day Break coming up
Speaker 2: after this.
Speaker 1: Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
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Speaker 1: Bloomberg Business app. This is Bloomberg Daybreak.
Speaker 3: I want to give more now and some of the
Speaker 3: top stories we're covering this morning, including Walt Disney's announcement
Speaker 3: that Jimmy Kimmel Live will be live once again tonight.
Speaker 3: Joining us now is Bloomberg's Jill Desa and Jill. Of course,
Speaker 3: we saw some of the backlash surrounding Disney's decision to
Speaker 3: pull the show after there was some pressure from the FCC.
Speaker 3: What's Disney saying about what's got it to this place?
Speaker 14: Good morning, Yes, Good morning, Nathan. So what Disney said
Speaker 14: in the aftermath of all of this is, you know,
Speaker 14: now obviously Jimmy Kimmel is preparing to return to air,
Speaker 14: is that they made this decision to suspend production on
Speaker 14: the show quote to avoid further inflaming a tense situation
Speaker 14: at an emotional moment for our country. That's the quote
Speaker 14: from Disney that they put out on Monday. This, of course,
Speaker 14: relates to some comments that Jimmy Kimmel made on a
Speaker 14: show recently that were about the killing of the conservative
Speaker 14: activist Charlie Kirk. That's really kind of become a really
Speaker 14: severe political flashpoint within the United States. Pulling that show
Speaker 14: after several of these large broadcasters pulled that show. What
Speaker 14: we understand now is that Jimmy Kimmel actually talk personally
Speaker 14: with Disney CEO Bob Iger about his return. He will
Speaker 14: be returning to the air tonight, but it doesn't necessarily
Speaker 14: mean that every single broadcaster is automatically following suit Sinclaire. Actually,
Speaker 14: I think, as we've been discussing, that's the largest owner
Speaker 14: of ABCTV stations has said that it will continue to
Speaker 14: preance Kimball's show. So again, this continues to be a
Speaker 14: developing story. But we'll see how Jimmy Kimmel actually plans
Speaker 14: on addressing this when he returns to the air tonight.
Speaker 3: Yeah, that'll certainly be a big development once we hear
Speaker 3: that latest monologue, following what we heard the last of
Speaker 3: what we heard from Jimmy Kimmel last week. Of course,
Speaker 3: some of the other big news this morning is the
Speaker 3: announcement from the Trump administration linking tail and all to
Speaker 3: autism and pretty strong terms from President Trump, even stronger
Speaker 3: terms maybe than his own government.
Speaker 14: Yes, I think this was really really significant development obviously
Speaker 14: out of the Trump administration, where you did have Donald
Speaker 14: Trump saying himself that Tyler on all is quote not good.
Speaker 14: So he was giving this recommendation. He's saying about limiting
Speaker 14: or recommending that women limit the use of thailanol. This
Speaker 14: has obviously caused quite a bit of controversy, particularly within
Speaker 14: the medical community. There have been attempts to think that
Speaker 14: we've been discussing for years now to potentially link autism
Speaker 14: to thailanol, a set of medicine that's the ingredient in
Speaker 14: thailanal or other you know sort of causes. There's not
Speaker 14: really any sort of clear cause for the development of autism.
Speaker 14: And while we've seen, you know, there's one study that potentially,
Speaker 14: you know, sort of created a correlation there, there's really
Speaker 14: no clear causation there. So this has actually been met
Speaker 14: with some pretty strong condemnation from the medical community. I think,
Speaker 14: you know, one of the really key things to keep
Speaker 14: in mind when you're looking at this particular announcement from
Speaker 14: the Trump administration is that a lot of scientists are
Speaker 14: warning that if fevers are untreated, so if women aren't
Speaker 14: taking something like a tailanol or something else that can
Speaker 14: can sort of alleviate that particular symptom, that could actually
Speaker 14: expose women in their babies to greater risks. So I think,
Speaker 14: you know, it's really important to really kind of clarify
Speaker 14: that this is something that's been met with a lot
Speaker 14: of condinations from scientists.
Speaker 2: This is Bloomberg Daybreak, your morning podcast on the stories
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