Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: Good morning, I'm John Tucker and I'm Karen Moscow. Here
Speaker 2: are the stories we're following today.
Speaker 3: And Karen, let's start with the latest on Iran. US
Speaker 3: and Iranian officials have agreed to more nuclear talks as
Speaker 3: soon as next week after the latest round of discussions
Speaker 3: in Geneva. And let's get the latest from Bloomberg Middle
Speaker 3: East correspondent Jimani Brasshi.
Speaker 4: Well, it was a long day of talks and the
Speaker 4: Bloomberg reporting this as well as other outlets that the
Speaker 4: US side were disappointed with some of the options that
Speaker 4: Iran had presented. That being said, at the end of
Speaker 4: the day, the mediator oman the foreign minister that are
Speaker 4: put out a statement saying that talks will reconvene again,
Speaker 4: and the Omani mediator also citing quotes significant progress, also
Speaker 4: echoes by the Iranian foreign ministry as well, that we
Speaker 4: haven't had formal comments come through from the US, but
Speaker 4: what we do understand from earlier on in the session
Speaker 4: is that they were I'll turnly please with what the
Speaker 4: Iranians had presented.
Speaker 3: Bloomberg's gew mount of Vesentchi says, unlike nuclear talks under
Speaker 3: prior US administrations, the Iranians have taken the lead in
Speaker 3: crafting written proposals and brought them to the Americans well.
Speaker 2: Staying overseas, John Pakistan's defense minister, declared quote open war
Speaker 2: with Afghanistan, and after both sides carried out cross border
Speaker 2: strikes overnight that killed a dozens, the clash marks a
Speaker 2: major escalation and tensions between the two neighbors. Relations between
Speaker 2: Pakistan and Afghanistan have steadily broken down in a year
Speaker 2: since the return of the Afghan Taliban in twenty twenty one,
Speaker 2: following the withdrawal of US led forces.
Speaker 3: And now to the latest on the Jeffrey Epstein scandal,
Speaker 3: Hillary Clinton has denied any association with a convicted sex offender.
Speaker 3: Under questioning from Congressional investigators, The former Secretary of State
Speaker 3: spoke to reporters after giving an hour's long deposition.
Speaker 5: I did not know Jeffrey Hepstein.
Speaker 2: I never went to his island, I never went to
Speaker 2: his homes, I never went to his offices.
Speaker 5: So it's on the record numerous times.
Speaker 3: Well today, her husband, former President Bill Clinton, has set
Speaker 3: to testify before the House Oversight Committee. Now Bloomberg's Amy
Speaker 3: Morris has more from Washington.
Speaker 5: Bill Clinton's testimony will be the first time a former
Speaker 5: president has been forced to testify before Congress. He appears
Speaker 5: in the Epstein files released by the Department of Justice,
Speaker 5: one of many names in politics, academia, and business who
Speaker 5: have appeared in those files, both before and after Epstein
Speaker 5: pleaded guilty in two thousand and eight to prostitution charges.
Speaker 5: The documents appear to show that Epstein's associate, Glainne Maxwell,
Speaker 5: was part of the Clinton's social and professional circle, including
Speaker 5: fundraisers at political donor events in Washington. Amy Morris Bloomberg Radio.
Speaker 2: Right, Amy, thank you. Let's turn to the markets now.
Speaker 2: And Netflix has dropped out of the fight to buy
Speaker 2: Warner Brothers Discovery, clearing the way for rival Bitter Paramount
Speaker 2: to clinch a one hundred eleven billion dollar deal. The
Speaker 2: streaming giants said while its offer would have passed muster
Speaker 2: with regulators and created shareholder value, it didn't want to
Speaker 2: keep bidding. Lucas Shaw has been covering the takeover battle
Speaker 2: for Bloomberg.
Speaker 6: Warner brother Is board not really concerned about synergies. I
Speaker 6: think that if they could have chosen between the two buyers,
Speaker 6: they preferred Netflix. Netflix is a bigger, stronger, healthier company
Speaker 6: by paramount ultimately offered more money and a lot of
Speaker 6: Warner Brothers shareholders preferred Paramount because Paramounts buying the whole company,
Speaker 6: so they get bought out right now with cash, whereas
Speaker 6: the Netflix deal was more of a two step process
Speaker 6: where Warner Brothers was going to have to spin out
Speaker 6: its cable networks and then sell the rest of the
Speaker 6: company to Netflix.
Speaker 2: And as Bloomberg's Lucas Shaw shares a Netflix steps seven
Speaker 2: percent in early trading and.
Speaker 3: Karen several other stocks on the booth this morning shares
Speaker 3: a block. They're surging more than twenty three percent. Jack
Speaker 3: Dorsey's company is reducing its workforce by nearly half. They're
Speaker 3: cutting four thousand employees. The financial technology firm is betting
Speaker 3: that artificial intelligence is going to change the future of
Speaker 3: labor productivity.
Speaker 2: Well John Dells shares are up about twelve The company
Speaker 2: gave an outlook for sales of its artificial intelligence servers
Speaker 2: that topped estimates. Dell now says it will generate about
Speaker 2: fifty billion dollars in AI server revenue in the current
Speaker 2: fiscal year, and.
Speaker 3: On the flip side. You have shares of core Weave,
Speaker 3: They're down more than eleven percent. The company an operator
Speaker 3: of AI data centers, reporting a bigger than expected loss.
Speaker 3: It's also boosting capital expenditures.
Speaker 2: Well elsewhere in the AI space, John and Thropic is
Speaker 2: standing its ground when it comes to its artificial intelligence
Speaker 2: and Bloomberg's Monica Rix.
Speaker 7: Reports Anthropic has rejected the Pentagon's latest offer over the
Speaker 7: use of its artificial intelligence ahead of a deadline today
Speaker 7: for the company to drop its safeguards on its AI
Speaker 7: model or risk losing its government contracts. CEO Dario Amide
Speaker 7: says the company remains committed to negotiations and still wants
Speaker 7: to work with the US military, but can't in good
Speaker 7: conscience agree to the Pentagon's demands for AI use. He
Speaker 7: says new contract language falls short in preventing mass surveillance
Speaker 7: it's on Americans, or for the use of autonomous lethal
Speaker 7: strikes without a human in the loop. The Pentagon hasn't commented,
Speaker 7: Monica Ricks Bloomberg Radio.
Speaker 2: You we have a programming note. The markets may pause
Speaker 2: for the weekend, but the world does not, and that's
Speaker 2: why we're bringing you a new live radio and TV
Speaker 2: show Bloomberg this weekend is looking beyond the daily headlines
Speaker 2: to the bigger themes driving politics, business and culture, joining
Speaker 2: David Gura, Christina Raffini, and Lisa Matteo for smart conversations
Speaker 2: and in depth interviews that help makes sense of the
Speaker 2: week that's been and what comes next. Tomorrow on the show,
Speaker 2: we'll hear from House Minority leader HOCKEYM Jeffries of New York,
Speaker 2: and get the show live Saturdays and Sundays from seven
Speaker 2: am Eastern on Bloomberg Radio TV and the Bloomberg Business App.
Speaker 2: Time now for look at some of the other stories
Speaker 2: making news in New York and around the world, and
Speaker 2: for that we're joined by Bloomberg's Michael Barr. Michael, Good Morning,
Speaker 2: Good Morning, Karen.
Speaker 8: In an unannounced visit, New York, Mayor Zorin Mumdane met
Speaker 8: President Donald Trump yesterday to urge him to release twenty
Speaker 8: one billion dollars in federal grants to build twelve thousand
Speaker 8: affordable housing units and infrastructure. During them Donnie's White House visit,
Speaker 8: a Columbia University student detained by Homeland Security agents was
Speaker 8: released after Ma'amdannie said he spoke with President Trump about
Speaker 8: the student. The school claims the ICE agents made misrepresentations
Speaker 8: to enter a housing unit to detain Elena Agayeva. Acting
Speaker 8: President of Columbia University Claires Shipment.
Speaker 1: We are also relieved that our student, Eliagayeva has been
Speaker 1: released from federal custody.
Speaker 8: Manhattan Borough President Brad Heulman Siegel says community members told
Speaker 8: him the agents presented themselves as police officers looking for
Speaker 8: a missing child.
Speaker 9: The level of deception is astounding, in addition to the
Speaker 9: fact that, of course they didn't have a warrant to
Speaker 9: arrest anyone.
Speaker 8: President Hoylman Segal says this should send a chill up
Speaker 8: the spine of every American State Department and White House
Speaker 8: officials say that at least one American citizen was killed
Speaker 8: and another was hurt in the deadly gun battle between
Speaker 8: Cuban border guards and a group on a boat off
Speaker 8: the Cuban coast. Ricardo Zunika was a senior diplomat at
Speaker 8: the State Department.
Speaker 10: It seems that Secretary of Rubio and the US government
Speaker 10: have decided that they need to continue to get information
Speaker 10: about this and they want to continue conversations with the
Speaker 10: Cuban authorities in the meantime to try to kind of
Speaker 10: move things forward and not be caught up in a
Speaker 10: single incident.
Speaker 8: Total of four people were killed and six others hurt
Speaker 8: in the incident an apparent mistake in the skies around
Speaker 8: El Paso, Texas, after a military laser was used to
Speaker 8: shoot down a drone being flown by Customs and Border Patrol.
Speaker 8: This is the second time in two weeks that has
Speaker 8: happened in the area. Used twenty four hours a day
Speaker 8: and whenever you want it with Bloomberg News Now, I'm
Speaker 8: Michael Barn. This is Bloomberg Karen.
Speaker 2: Thanks Michael. Time now for our Bloomberg Sports update, and
Speaker 2: for that we bring in John Stashauer.
Speaker 11: Thanks Garren. Out of the scouting combine that's going on
Speaker 11: in Indianapolis. A trade in the NFL, A swamp of
Speaker 11: defensive lineman. The Jets sent Jermaine Johnson to Tennessee for
Speaker 11: devonre Sweat. Anthony Richardson was the Colts' fourth pick overall
Speaker 11: in the twenty twenty three draft. Hasn't worked out well
Speaker 11: for the quarterback, and now the Richardson and the Colts
Speaker 11: mutually agreeing to the quarterback to seek a trade. The eleventh
Speaker 11: straight win for San Antonio one twenty six to one
Speaker 11: ten in Brooklyn to the close loss of the Lakers
Speaker 11: beaten by Phoenix by three. That's to 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. This is Bloomberg Daybreak, and good morning.
Speaker 3: I'm John Tucker. Among some of the top stories we
Speaker 3: are pursuing for you this morning, US and Iranian officials
Speaker 3: agreeing to reconvene nuclear talks as soon as next week,
Speaker 3: and former Secretary of State Hillary Clinton says she denied
Speaker 3: any association with Jeffrey Epstein during an hours long deposition
Speaker 3: before congressional investigators yesterday. Let's get more in these stories now.
Speaker 3: We're joined by Laura Davidson, the deputy Washington Beer chief
Speaker 3: for Bloomberg News. Happy Friday to you. With the respect
Speaker 3: to the Iran nuclear talks. I guess, Laura, at this
Speaker 3: point the progress depends on who you're talking to, because
Speaker 3: it seems like the US and the Iranian officials have
Speaker 3: a different degrees of the success so far of these talks.
Speaker 12: Yes, the US and the Iranians left the talks in
Speaker 12: Geneva sort of striking very different tones. The Iranians came
Speaker 12: out quite optimistic, saying that there was progress and quite
Speaker 12: upbeat that these talks would continue and are headed in
Speaker 12: a positive direction. US, on the other hand, came out
Speaker 12: kind of deflated. They seemed disappointed with the lack of
Speaker 12: progress and you know, did not at all take the
Speaker 12: optimistic tone that we heard from the Iranians. This, you know,
Speaker 12: it has been sort of a dichotomy that we've been
Speaker 12: seeing for some days now, but has just really grown stronger.
Speaker 12: And it was very apparent as these talks broke up
Speaker 12: clearly with no tangible details that came out moving forward.
Speaker 2: Here.
Speaker 5: How firm is.
Speaker 3: The Trump deadline to come to agreement?
Speaker 12: Well, this is as firm as Trump wants it to be.
Speaker 12: This is a dead deadline. He you know, said last
Speaker 12: week thing he is giving around ten to fifteen days
Speaker 12: to make some sort of deal. There is no legal
Speaker 12: or otherwise forcing reason that he needs to enforce that deadline.
Speaker 12: But you know, Trump likes to set some of these
Speaker 12: arbitrary deadlines to try to force parties to come to
Speaker 12: the table. You know, the leverage he has is that
Speaker 12: he's continued to amass military assets in the region. You know,
Speaker 12: there have been some signs that he's perhaps getting more
Speaker 12: serious about some sort of limited strike, including his you know,
Speaker 12: remarks at the State of the Union the other night
Speaker 12: where he you know, said to know on certain terms
Speaker 12: that you know, he wants to find a diplomatic solution,
Speaker 12: but you know, could consider you know, some sort of
Speaker 12: military action.
Speaker 2: You know.
Speaker 12: There's also just some headlines across the terminal here just
Speaker 12: about an hour ago that US embassy personnel, non essential
Speaker 12: personnel in Israel have been asked to leave the country.
Speaker 12: So this is you know, kind of some of the
Speaker 12: precursors that we have seen in the past before there
Speaker 12: have been strikes in the region.
Speaker 3: Okay, let's go to the testimony of Hillary Clinton yesterday,
Speaker 3: and I guess today we're going to hear from the
Speaker 3: former president Bill Clinton. What exactly are they looking for?
Speaker 3: Is this intended to be a political embarrassment or.
Speaker 2: Or what.
Speaker 12: If you ask Hillary Clinton, that is exactly what she
Speaker 12: said that this is you know, just sort of a
Speaker 12: you know, a hunt. They're trying to to put herself
Speaker 12: and her husband of the former president on you know,
Speaker 12: in this you know, not public it's behind closed doors,
Speaker 12: but sort of in this in person forum, to to
Speaker 12: just go on a hunt to see what they can find.
Speaker 1: You know.
Speaker 12: Clinton, you know, came out of this deposition saying that
Speaker 12: she was asked you know everything uh, you know related
Speaker 12: to you know, including some very off topic things including
Speaker 12: about aliens, conspiracy theories, UFOs, and and was said she
Speaker 12: wasn't exactly certain what the point here was. Her husband,
Speaker 12: Bill Clinton, will go into this deposition today. He has
Speaker 12: you know, much closer ties to Jeffrey Epstein than Clinton
Speaker 12: did than Hillary Clinton did. She has maintained that she
Speaker 12: never met him, didn't know him, and certainly didn't know
Speaker 12: anything about his activities regarding underage women. Clinton, however, Bill
Speaker 12: Clinton has appeared in photos and in swimming pools with
Speaker 12: with jeffreypperstin Epstein and wrote on his plane several times
Speaker 12: as well.
Speaker 3: And the Democrats want for President Trump to appear. I
Speaker 3: suspect that's not going to happen. Good about the minute.
Speaker 12: Left, Uh, that is highly unlikely to happen. At least
Speaker 12: one Republicans control both chambers of the House. But this
Speaker 12: is the kind of thing and this is why Trump
Speaker 12: is very worried about the midterms. You know, if if
Speaker 12: Democrats do win the House or the Senate, they suddenly
Speaker 12: have subpoena power. Are they able to investigate more so,
Speaker 12: this is the kind of thing that we could see
Speaker 12: Democrats use their leverage going into the next year if
Speaker 12: they are able to secure a majority.
Speaker 2: This is Bloomberg Daybreak, your morning podcast on the stories
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Speaker 3: Break