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Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Prisner.

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Speaker 1: The US government is officially shut down after two proposals

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Speaker 1: for short term funding failed in the Senate on Tuesday evening.

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Speaker 1: The deadlock between President Trump and Democrats was on full

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Speaker 1: display after each party blocked the other's stopgap spending plans.

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Speaker 1: We heard from Senate Majority Leader John Thune after the voting.

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Speaker 2: Democrats may have chosen to shut down the government tonight

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Speaker 2: so we can reopen it tomorrow. All it takes is

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Speaker 2: a handful of Democrats to join Republicans to pass the clean,

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Speaker 2: non partisan funding bill this in front of us, and

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Speaker 2: I hope, I really hope that some of them will

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Speaker 2: join us to reopen the government, resume bi partisan appropriation's work,

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Speaker 2: and get back to the business of the American people.

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Speaker 1: Senate Majority Leader John Thune. Now, the White House is

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Speaker 1: directing federal agencies to execute their plans for an orderly shutdown,

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Speaker 1: and as it occurred, the Bureau of Labor Statistics will

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Speaker 1: cease operations. That means that Friday's employment report will be delayed. Separately, today,

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Speaker 1: President Trump said his administration is close to finalizing a

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Speaker 1: deal with Harvard Trump told reporters Harvard will be paying

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Speaker 1: about five hundred million dollars and the university will be

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Speaker 1: operating trade schools. The President made the announcement in the

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Speaker 1: Oval Office while signing executive orders.

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Speaker 3: Well, we're in the process of getting very close and

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Speaker 3: Linda's finishing up the final details, and they'd be paying

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Speaker 3: about five hundred million dollars, and they'll be operating trade schools.

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Speaker 3: They're going to be teaching people how to do AI

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Speaker 3: and lots of other things.

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Speaker 1: Harvard and the administration have been locked in a month's

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Speaker 1: long standoff over federal funding. The fight broadened to include

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Speaker 1: allegations of political bias, as well as scrutiny over Harvard's

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Speaker 1: ties to China and the university's opposition to diversity efforts.

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Speaker 1: The White House is withdrawing the nomination of E. J.

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Speaker 1: Antony to lead the Bureau of Labor Statistics. We are

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Speaker 1: told the Senate received paperwork formally withdrawing Anthony's nomination on Tuesday.

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Speaker 1: His nomination was an attempt by President Trump to gain

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Speaker 1: greater control over the BLS. This is the federal agency

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Speaker 1: responsible for producing key economic data that would include the

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Speaker 1: monthly Jobs Report and the Consumer Price Index, which is

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Speaker 1: used to measure inflation. We moved to Business News next

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Speaker 1: after the bell, Nike reported quarterly revenue above Wall Street's expectations.

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Speaker 1: Sales in the latest quarter were eleven point seven billion dollars,

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Speaker 1: that is seven hundred million dollars more than analyst had projected.

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Speaker 1: We got reaction from Punam Goyal, senior retail analyst with

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Speaker 1: Bloomberg Intelligence.

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Speaker 4: They posted an increase. The expectations were for a mid

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Speaker 4: single digit decline, so that is definitely good news. And

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Speaker 4: what's even better is that the increase came largely due

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Speaker 4: to a stronger North America business, where sales were up

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Speaker 4: in constant currency by four percent. So really the this

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Speaker 4: just goes to show us that they're making the right steps.

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Speaker 4: They're taking the right steps to really move the brand forward.

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Speaker 1: That is Punam Goyal from Bloomberg Intelligence now CEO Elliott

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Speaker 1: Hill has reset Nike by clearing out old inventory and

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Speaker 1: reorganizing the company's corporate structure, including replacing many top executives.

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Speaker 1: Shares and Nike were up three percent in late US trading.

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Speaker 1: A federal judge says the Trump administration unconstitutionally targeted non

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Speaker 1: citizens for deportation over pro Palestinian protest. More from Bloomberg's

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Speaker 1: Amy Morrison, Washington.

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Speaker 5: A federal judge in Boston ruled a US policy that

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Speaker 5: targets international students for removal on audiological grounds is unconstitutional,

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Speaker 5: violating the First Amendment. The judge says the policy was

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Speaker 5: arbitrary and capricious, and accused Homeland Security Secretary Christy Nome

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Speaker 5: and Secretary of State Marco Rubio of misusing their powers.

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Speaker 5: US District Judge William Young also ruled the administration violated

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Speaker 5: the Administrative Procedure Act, so a hearing on that is

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Speaker 5: to be scheduled later in Washington. Amy Morris, Bloomberg Radio.

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Speaker 1: And that is news when you want it with Bloomberg News. Now.

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