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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.

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Speaker 2: I'm Brian Curtis in Hong Kong with this breaking news.

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Speaker 2: The US Senate has overwhelmingly approved a temporary funding measure

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Speaker 2: to avert a government shutdown. The eighty seven to eleven

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Speaker 2: vote Wednesday night sends the measure already passed by the

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Speaker 2: House to President Joe Biden. He's expected to sign it

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Speaker 2: before the shutdown deadline on Friday night. Now back to

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Speaker 2: Doug Prisner.

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Speaker 1: Presidents Joe Biden and Chi Jinping have agreed to restore

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Speaker 1: high level military communications. Now, this represents one area of

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Speaker 1: agreement as the two leaders met on the sidelines of

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Speaker 1: the APEX summit in San Francisco. Here's Biden speaking at

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Speaker 1: a press conference.

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Speaker 3: We're reassuming military to military contact, direct contacts. As a

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Speaker 3: lot of you press know follow this, that's been cut

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Speaker 3: off and has been worse, and that's how accidents happened, misunderstandings.

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Speaker 3: So we're back to direct, open, clear, direct communications on

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Speaker 3: a on a direct basis.

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Speaker 1: Biden and she also agreed to combat fentanel and hold

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Speaker 1: a dialogue about artificial intelligence. Now, as Biden ended the

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Speaker 1: news conference, he was asked whether she is a dictator

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Speaker 1: and she's.

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Speaker 4: Still the first president she has stakes theaters to a firm.

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Speaker 1: At a news for leaders theater.

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Speaker 2: Well, look, she is.

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Speaker 3: I mean he's a dictator since that he he is

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Speaker 3: a guy who runs the country that is completed based

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Speaker 3: on the form of government totally different than ours.

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Speaker 1: The dictator remark may steal the headlines and is likely

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Speaker 1: to irk Beijing. Meantime, the White House is getting frustrated

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Speaker 1: with Israel over its conduct during the war with Hamas,

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Speaker 1: and critics are saying the US is essentially contributing to

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Speaker 1: the problem by continuing to provide weapons to Israel. Bloomberg

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Speaker 1: National Security correspondent Nick Wadham says there's no indication the

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Speaker 1: Biden administration will impose conditions for receiving those weapons.

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Speaker 5: There's still very much a desire to keep that weaponry flowing. However,

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Speaker 5: we do know that there is also some pressure on Israel,

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Speaker 5: not only from the US but obviously from the rest

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Speaker 5: of the world, and that may be getting through. You

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Speaker 5: had the Foreign Minister a couple of days ago saying

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Speaker 5: that Israel understood it had about two or three more

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Speaker 5: weeks to be able to conduct this campaign before it

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Speaker 5: really started to face severe questions about what the Foreign

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Speaker 5: Minister called its international legitimacy.

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Speaker 1: Bloomberg's Nick Wadams in Washington, officials in Gaza are saying

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Speaker 1: more than ten thousand people have been killed since the

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Speaker 1: war began. Well, he's not running for reelection, but Senator

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Speaker 1: Joe Manchin did raise some eyebrows today when he hinted

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Speaker 1: at a possible run for the White House. In an

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Speaker 1: interview with NBC moderator Kristin Welker, the West Virginia Democrats

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Speaker 1: said he would consider running if there's an appetite among

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Speaker 1: voters for a moderate candidate.

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Speaker 6: I'm going to do everything in my power to make

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Speaker 6: sure immobilize that moderate, sensible, common sense middle. The middle's gone,

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Speaker 6: there's not many of US Centrists left. And if I

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Speaker 6: can reinvigorate that, and I said, I will do everything

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Speaker 6: that I possibly can.

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Speaker 1: That is Senator Joe Manchin. He went on to say

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Speaker 1: that he's absolutely scared to death that Donald Trump will

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Speaker 1: become president again. Microsoft has unveiled its first homegrown semiconductor

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Speaker 1: designed for AI and cloud computing. The story from Bloomberg's

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Speaker 1: Denise Pellegrini.

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Speaker 7: The Maya one hundred chip, announced at the company's annual

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Speaker 7: Ignite conference in Seattle, will provide Microsoft Azure Cloud customers

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Speaker 7: with a new way to develop and run AI programs

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Speaker 7: that generate content. And Microsoft is already testing this chip

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Speaker 7: with its Being and Office AI products, and also Microsoft's

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Speaker 7: well known main AI partner, chat GPT maker OpenAI is

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Speaker 7: also testing the processor, and both Maya and the server

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Speaker 7: chip Cobalt, will debut in Microsoft data centers early next year.

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Speaker 7: It's all an attempt by Microsoft to take more control

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Speaker 7: of its technology and ramp up its AI related offerings.

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Speaker 7: And by the way, Microsoft also announced new software that

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Speaker 7: lets clients design their own AI assistance PELGRENNY Bloomberg Radio.

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Speaker 1: Target reported third quarter earnings and these results reflect fewer

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Speaker 1: markdowns and better inventory management. Here is Bloomberg's Jennifer bartashes.

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Speaker 4: Target's results today. We're very encouraging, you know, and it

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Speaker 4: does give a little bit of optimism for the fourth quarter.

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Speaker 4: So when they beat across the board with revenue same

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Speaker 4: store sales, you know, we did see a great increase

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Speaker 4: in margin. That's all really because some of the productivity

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Speaker 4: initiatives that they put in place, are starting to really

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Speaker 4: help take cost out of the business.

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Speaker 1: That is Bloomberg's Jennifer bartashes, we had shares and target

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Speaker 1: jumping more than seventeen percent. Incidentally, the retail giant Walmart

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Speaker 1: will report its third quarter results tomorrow morning before the

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Speaker 1: US open. That's news when you want it, with Bloomberg News. Now,

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Speaker 1: I'm Doug Chrisner, and this is Bloomberg