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

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Speaker 1: Doug Prisoner. We begin in Michigan, where a man was

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Speaker 1: killed today after ramming his vehicle into the front doors

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Speaker 1: of Temple Israel Synagogue in suburban Detroit. Authorities say the

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Speaker 1: crash and turns set off an exchange of gunfire with

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Speaker 1: security officers and a fire ignited in the vehicle. During

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Speaker 1: this episode, no one inside the building was hurt. Here

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Speaker 1: is FBI Special Agent in Charge Jennifer Runyan.

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Speaker 2: The FBI is here working with our state, local, and

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Speaker 2: federal partners to investigate this incident. And I've confirm that

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Speaker 2: we are leading the investigation right now. Is a targeted

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Speaker 2: act of violence against the Jewish community. As my partners

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Speaker 2: have said, this is an active and ongoing investigation with

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Speaker 2: an active crime scene. And I ask for your patients

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Speaker 2: as we process this evidence and pursue every lead that

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Speaker 2: has come to us and that we have developed thus far.

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Speaker 1: That is Jennifer Runyan, the FBI Special Agent in charge. Now.

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Speaker 1: Temple Israel describes itself as the largest reform synagogue in

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Speaker 1: the United States. There was a shooting this morning at

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Speaker 1: Old Dominion University in Virginia. One victim is dead, two

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Speaker 1: others injured. The gunman is also dead. University officials say

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Speaker 1: the gunman opened fire in the business school building. The

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Speaker 1: FBI identified the suspect as an ex Arby National Guard member,

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Speaker 1: and in twenty sixteen he pleaded guilty to attempting to

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Speaker 1: provide material support to the Islamic State. Here is Dominique Evans,

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Speaker 1: the Special Agent in charge with the Norfolk Field Office.

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Speaker 2: The Brave ROTC members in that room subdued him and

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Speaker 2: if not for them, I'm not sure what else he may.

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Speaker 1: Have done, but that's exactly.

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Speaker 2: They confronted him, and they sedued him, and he.

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Speaker 1: Was no longer able to conduct any further attack. Dominique Evans,

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Speaker 1: the Special Agent in charge of the Norfolk FBI Field Office.

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Speaker 1: The Trump administration has launched a second three to h

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Speaker 1: one tariff investigation. This will focus on forced labor practices

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Speaker 1: in sixty economies and include the European Union, China, and

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Speaker 1: the UK. The probe will look to determine whether certain acts, policies,

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Speaker 1: and practices are unreasonable or discriminatory and burden or restrict

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Speaker 1: US commerce. A US Air Force refueling tanker part of

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Speaker 1: the American military campaign against Iran crashed over western Iraq

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Speaker 1: after an incident involving another aircraft. Reports of a potential

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Speaker 1: incident surfaced earlier when the aircraft declared an in flight emergency,

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Speaker 1: according to flight tracking data. Now, US Central Command gave

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Speaker 1: no indication about the fate of the crew or the

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Speaker 1: number of people on board that aircraft. The second aircraft

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Speaker 1: did land safely. Any casualties would be the first from

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Speaker 1: the US Air Force during the war with Iran. The

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Speaker 1: leaders of the US and Iran both struck defiant tones.

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Speaker 1: On the thirteenth day of the war. President Trump said

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Speaker 1: preventing Iran from having nuclear weapons and threatening the Middle

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Speaker 1: East is of far greater interest and importance to him

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Speaker 1: than the cost of oil. At the same time, Mostaba

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Speaker 1: Khamanee said the Islamic Republic would seek to ensure the

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Speaker 1: Strait of Hormuz remains effectively closed. Here is Bloomberg's Jennifer Welch.

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Speaker 3: A lot depends on what the US and Israel would

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Speaker 3: consider to be achieving their war aims and therefore giving

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Speaker 3: them the opportunity to seek an exit. Ram I think

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Speaker 3: President Trump has started to signal he is looking for it,

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Speaker 3: but really The key question is what is he willing

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Speaker 3: to offer Iran in terms of assurances that would lead

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Speaker 3: them to be willing to accept it, and would Israel

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Speaker 3: go along with it? And at this moment, it's very

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Speaker 3: hard to say, even though we're thirteen days into this conflict.

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Speaker 1: That is Bloomberg's Jennifer Welsh. Oil prices bolted higher today,

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Speaker 1: with WTI gaining nine point seven percent to close New

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Speaker 1: York trading at ninety five seventy three, and Brent crude

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Speaker 1: settled above one hundred dollars for the first time since

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Speaker 1: August twenty twenty two. The US will temporarily allow some

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Speaker 1: countries to purchase Russian oil already at sea. Treasury Secretary

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Speaker 1: Scott Besson said authorization permits will be issued as a

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Speaker 1: narrowly tailored short term measure Now. This move is obviously

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Speaker 1: intended to ease growing pressure on oil prices, Besson said

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Speaker 1: it will not provide significant financial benefit to the Russian government.

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Speaker 1: The block of Foremus is disrupting millions of barrels a

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Speaker 1: day of supply, and it's also causing what the IEA

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Speaker 1: described as the biggest hit to global production on record.

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Speaker 1: Earlier today, Energy Secretary Chris Wright said it is quite

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Speaker 1: likely the US Navy will be able to begin escort

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Speaker 1: operations by the end of the month, and Treasury Secretary

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Speaker 1: Scott Besson spoke about the plan with sky News.

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Speaker 4: My belief that as soon as it is militarily possible,

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Speaker 4: the US Navying, perhaps with an international coalition, will be

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Speaker 4: escorting of vessels through.

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Speaker 1: That is Treasury Secretary Scott Besson speaking to sky News.

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Speaker 1: After the bell, Adobe said its CEO, Chantanu new Ryan,

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Speaker 1: will resign from him position. This company has been facing

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Speaker 1: skepticism about its ability to thrive in the era of AI.

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Speaker 1: At the same time, Adobe issued a sales forecast for

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Speaker 1: the current quarter just above estimates. Here is Giluria ahead

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Speaker 1: of Technology Research at DA Davidson.

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Speaker 5: It's a tough job for the next CEO, So who

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Speaker 5: that person is, whether they're credible in the AIROLD, will

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Speaker 5: be important in terms of the message. It just has

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Speaker 5: to be a change of direction. Adobe has really said, look,

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Speaker 5: we're fine on AI, we're agnostic, we're going to be

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Speaker 5: responsible AI for responsible image and video generation. That message

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Speaker 5: clearly has not resonated with investors, so that message has

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Speaker 5: to be different.

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Speaker 1: That is Giluria from DA Davidson shares an Adobe. We're

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Speaker 1: down seven percent in late US trading, and that is

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

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Speaker 1: Doug prisoner, and this is Bloomberg