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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. University of Pennsylvania President Liz McGill and Penn

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Speaker 1: Board share Scott Bach resigned over the weekend after congressional

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Speaker 1: testimony last week where McGill declined to say that calling

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Speaker 1: for genocide of Jews always violates Penn's code of conduct. Today,

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Speaker 1: Pennsylvania Democratic Senator Bob Casey and Democratic Governor Josh Shapiro

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Speaker 1: joined leaders in Philadelphia for a rally against anti Semitism.

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Speaker 1: Senator Casey said reports of anti Semitic incidents have increased

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Speaker 1: nearly fourfold since the beginning of war between Israel and

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Speaker 1: Hamas with many of the incidents reported on college campuses.

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Speaker 2: Those of us who have the authority, in this case

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Speaker 2: one legislative body, the United States Congress or two houses

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Speaker 2: of one Congress, is to get them the funds they

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Speaker 2: need so they can fully investigate and prosecute these cases

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Speaker 2: where there is a hostile environment on the campus.

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Speaker 1: That is Bob kase Us, Senator from Pennsylvania, well, there

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Speaker 1: remains a pretty big gap in Senate talks over aid

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Speaker 1: for both Ukraine and Israel. The story from Bloomberg's at Baxter.

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Speaker 3: The sticking point has been and still is aid for

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Speaker 3: closing the US southern border. Lead Democrat negotiator Chris Murphy

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Speaker 3: on NBC has heard on Bloomberg says dangerous.

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Speaker 4: Vladimir Putin is delighting right now in Republicans insistence that

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Speaker 4: we get a deal in immigration reform, and if we don't,

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Speaker 4: then they are going to allow Vladimir Putin to march

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Speaker 4: into Ukraine and perhaps into Europe. I think this is

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Speaker 4: one of the most dangerous moments that I've ever faced

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Speaker 4: in American politics.

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Speaker 3: Murphy says, they are still in the room trying, but

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Speaker 3: it is difficult. Meanwhile, the White House says it has

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Speaker 3: found a way to send some tank supplies to Israel

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Speaker 3: ed Baxter, Bloomberg Radio.

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Speaker 1: Japanese Prime Minister of Fumio Kishida is reportedly set to

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Speaker 1: replace as many as fifteen ministers and junior ministers. Asahi

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Speaker 1: reports is looking to control fallout from a slush fund

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Speaker 1: scandal threatening to paralyze his government. TikTok parent Byte Dance

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Speaker 1: is investing in a joint venture with go To's e

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Speaker 1: commerce unit, Tocopedia. This investment is worth one and a

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Speaker 1: half billion US dollars. The upshot is Tocopedia and TikTok

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Speaker 1: Shop Indonesia will be combined under Tocopedia and TikTok will

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Speaker 1: have a roughly seventy five percent stake in this enlarged entity.

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Speaker 1: China is raising expectations for its ambitious GDP goal next year.

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Speaker 1: The story from Bloomberg's von Men In Hong Kong.

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Speaker 5: China's Paula Buro pledged to strengthen fiscal support at a

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Speaker 5: meeting on Friday. It also introduced a new slogan, use

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Speaker 5: progress to promote stability. The message supports economist expectations for

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Speaker 5: a growth goal of around five percent for next year.

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Speaker 5: The Paula Buro also declared that monetary policy should be flexible, appropriate,

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Speaker 5: targeted and effective. One thing to note is the previous

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Speaker 5: wording for US was dropped from the statement. Economists say

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Speaker 5: that change indicates more caution towards broad monetary easing and

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Speaker 5: a greater focus on targeted tools. In Hong Kong, I'm

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Speaker 5: Yvonne Mann Bloomberg Radio.

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Speaker 1: We're hearing Macy's has received a buyout offer. It's worth

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Speaker 1: five point eight billion dollars and it comes from two firms.

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Speaker 1: The real estate investment firm arc House Management and the

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Speaker 1: global asset manager Brigade Capital Management. Health insurance company Signa

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Speaker 1: is said to have walked away from merger talks with

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Speaker 1: its rival Humana. This combination would have created a giant

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Speaker 1: in the industry. More from Bloomberg's Denise Pellegrini.

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Speaker 6: A source tells us Signa is abandoning the discussions to

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Speaker 6: combine in a cash and stock deal, and Signa is

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Speaker 6: committing an additional ten billion dollars to its own one

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Speaker 6: point three billion dollars stock buyback plan instead. Analysts had

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Speaker 6: said a Signa Humana combination would have made sense. Signa

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Speaker 6: owns express Scripts, one of the largest managers of pharmacy benefits,

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Speaker 6: where Humana is a smaller player, and Humano plans to

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Speaker 6: stop selling employer coverage where Signa is strongest. But despite

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Speaker 6: potential synergies, Bloomberg Intelligence had said antitrust approval of a

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Speaker 6: Signa Humana deal would have been tricky. Regulators blocked a

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Speaker 6: Signa Anthem merger and a Humana Etna deal in recent years.

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Speaker 6: Denise polygrenny Bloomberg Radio and.

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Speaker 1: That is news when you want it with Bloomberg News.

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