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Speaker 1: News when you want it with Bloomberg News. Now, I'm

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Speaker 1: Doug Prisner, and we begin in Los Angeles, where a

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Speaker 1: judge has re sentenced Eric and Lyle Menendez to fifty

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Speaker 1: years to life with a possibility of parole for the

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Speaker 1: nineteen eighty nine murders of their parents. This order brings

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Speaker 1: the brothers a step closer to freedom. After a day

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Speaker 1: of emotional testimony, the court heard from three family members,

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Speaker 1: as well as a retired judge familiar with the brother's

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Speaker 1: work in prison, and a former inmate who credits their

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Speaker 1: mentorship for his rehabilitation and release. Defense attorney Mark Arragos

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Speaker 1: credits Judge Michael Jessic for making the correct ruling.

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Speaker 2: He did what justice said should happen, and he struck

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Speaker 2: the special circumstance and he sentenced them to fifty to life,

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Speaker 2: which means they're immediately eligible.

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Speaker 1: That was defense attorney Mark Geragos. Now, the decision as

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Speaker 1: to whether or not to release the brothers goes to

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Speaker 1: the California Parole Board and Governor Gavin Yue. We go

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Speaker 1: to the Middle East next, where President Trump is on

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Speaker 1: a state visit to Saudi Arabia, and it was there

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Speaker 1: the President said he will lift US sanctions on Syria

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Speaker 1: following the fall of Bershard al Assad's regime. Here is

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Speaker 1: Trump speaking at the Saudi US Investment Summit in Riod.

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Speaker 3: With President Ernigan of Turkey, who called me the other

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Speaker 3: day and s for a very similar thing among others

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Speaker 3: and friends of mine, people that have a lot of

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Speaker 3: respect for in the Middle East. I will be ordering

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Speaker 3: the cessation of sanctions against Syria in order to give

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Speaker 3: them a chance at great this.

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Speaker 1: Trump will be meeting with Syrian President Ahmed al Sharah

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Speaker 1: on Wednesday. Now this signals a potential reopening of diplomatic

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Speaker 1: ties between these two nations after years of war and isolation.

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Speaker 1: Also at the summit, President Trump and Saudi Crown Prince

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Speaker 1: Mohammed bin Salman announced plans for one trillion dollars in

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Speaker 1: commercial deals. However, there was a discrepancy over the numbers,

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Speaker 1: as conference signage listed deals totaling just over three hundred

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Speaker 1: billion dollars. Earlier Tuesday, the White House sighted the figure

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Speaker 1: at six hundred billion dollars. Bloomberg's Nick Wadhams says the

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Speaker 1: details of this deal will be important now.

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Speaker 4: The process begins that we're just sort of in the

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Speaker 4: thick of sorting through how much of this is actually new?

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Speaker 4: You know a lot of times it wouldn't be just

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Speaker 4: necessarily Donald Trump, but presidents going back decades have packaged

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Speaker 4: deals like this, stitched together previously announced and previously committed stuff.

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Speaker 1: That is Bloomberg's Nick Watams in Washington Now. The White

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Speaker 1: House says these new deals aimed to boost US industries

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Speaker 1: in energy, defense, and technology, as well as to provide

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Speaker 1: access to key global resources. Now, the full details of

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Speaker 1: the announced investments were not immediately available. Chip makers Nvidia

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Speaker 1: and Advanced micro Devices will supply advanced chips to Saudi

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Speaker 1: Arabia state backed AI firm Humane. This is part of

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Speaker 1: a ten billion dollar data center project. The deal follows

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Speaker 1: a new US initiative easing chip export restrictions to Middle

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Speaker 1: Eastern allies. Bloomberg's and Marie hor Dern is on the

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Speaker 1: ground in Riod, Saudi Arabia.

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Speaker 5: Jensen Wang there, he's at this dinner. When he walked in,

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Speaker 5: I asked him, we thought about the diffusion rule I

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Speaker 5: talked to him about in Washington, DC a few weeks

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Speaker 5: ago before this administration rescinded it. And he looked at me.

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Speaker 5: He said rescinded, canceled. We are hearing that they, of course,

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Speaker 5: we're going to get potentially those advanced high tech chips

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Speaker 5: in places like Saudi Arabia, and our colleagues have reported

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Speaker 5: about maybe more than one hundred million chips in tonight

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Speaker 5: at Arab Emirates. The President is headed there later in

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Speaker 5: the week.

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Speaker 1: That is Bloomberg's and Marie Hordern in Riod Humane is

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Speaker 1: planning to build nearly two gigawatts of AI infrastructure by

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Speaker 1: twenty thirty, and Vidia says the project will use hundreds

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Speaker 1: of thousands of its processors, starting with its latest Grace

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Speaker 1: Blackwell chips. Today's shares in both in Nvidia and AMD

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Speaker 1: row sharply on the news. The conversation on the GOP

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Speaker 1: tax bill to deliver on President Trump's campaign pledge is ongoing. However,

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Speaker 1: the salt cap and medicaid cuts still divide the GOP.

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Speaker 1: House Speaker Mike Johnson says House Republicans could land on

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Speaker 1: a compromise on the state and local tax deduction. On Wednesday,

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Speaker 1: Michigan Congress, when Lisa McClain says the bill still needs

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Speaker 1: to pass despite disagreements in the House.

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Speaker 6: We have a representative government, and whether you're representing a

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Speaker 6: bread state or a blue state, or a purple state,

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Speaker 6: or a district, you need to represent your district. And

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Speaker 6: that's what the Salt Caucus is doing. So I respect

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Speaker 6: them for doing what they're doing, but we all need

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Speaker 6: to get into reality that we have to get this

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Speaker 6: bill done for the American people.

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Speaker 1: That is Michigan Congresswoman Lisa McClain speaking there. A federal

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Speaker 1: grand jury has indicted a Wisconsin judge accused of helping

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Speaker 1: an undocumented migrant evade authorities. It was last month at

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Speaker 1: Milwaukee County Circuit Judge Hannah Dugan was arrested on charges

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Speaker 1: of concealing a person from arrest and obstruction of proceedings.

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Speaker 1: The ruling now allows the case against Dugan to continue.

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Speaker 1: Harvard University has expanded its lawsuit against the Trump administration

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Speaker 1: for freezing billions of dollars in federal funds. Now this

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Speaker 1: ratchets up the high stakes legal battle between the wealthiest

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Speaker 1: US university and the White House. We go to sports next,

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Speaker 1: where Pete Rose and Chulas Joe Jackson have been reinstated

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Speaker 1: by Major League Baseball, making them both eligible for Baseball's

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Speaker 1: Hall of fame, and that is news when you want it,

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Speaker 1: with Bloomberg News. Now, I'm Doug Prisner, and this is

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Speaker 1: Bloomberg