WEBVTT - Microsoft Probes Alert Leak, WSJ: RFK Jr to Oust Panel, More

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<v Speaker 1>News when you want it with Bloomberg News Now, i'med Kleggi.

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<v Speaker 1>Microsoft is investigating whether a leak from its early alert

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<v Speaker 1>system for cybersecurity companies allowed Chinese hackers to exploit flaws

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<v Speaker 1>in its SharePoint service before they were patched. This according

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<v Speaker 1>to people familiar with the matter. The technology company is

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<v Speaker 1>looking into whether the program, designed to give cybersecurity experts

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<v Speaker 1>a chance to fix computer systems before the revelation of

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<v Speaker 1>news security concerns, led to the widespread exploitation of vulnerabilities

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<v Speaker 1>in its SharePoint software globally over the past several days.

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<v Speaker 1>The Wall Street Journal reports that Health and Human Services

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<v Speaker 1>Secretary Robert F. Kennedy Junior plans to oust members of

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<v Speaker 1>the advisory board that decides which preventative health measures are

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<v Speaker 1>covered by insurance. Kennedy is expected to remove the sixteen

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<v Speaker 1>members of the US Preventative Services Task Force because he

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<v Speaker 1>views them as woke. The Journal reported this signing sources

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<v Speaker 1>familiar with the matter. The task Force makes recommendations about

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<v Speaker 1>the best preventive services, including cancer screenings, behavioral counseling, and medications,

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<v Speaker 1>for the federal government based on a review of scientific evidence.

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<v Speaker 1>Their group was created in nineteen eighty four and as

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<v Speaker 1>comprised of volunteer physicians who were vetted for their conflicts

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<v Speaker 1>of interest. Wall Street wraps up the trading week at

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<v Speaker 1>a record We get more on this from Bloomberg's Charlie Pellett.

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<v Speaker 2>The S and P five hundred index is now at

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<v Speaker 2>sixty three eighty eight, ending the week with a gain

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<v Speaker 2>of about one and a half percent. Stock's advanced amid

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<v Speaker 2>a solid earning season and hopes for trade deals. Progress

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<v Speaker 2>on trade, positive economic data, and signs of corporate resilience

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<v Speaker 2>of offset worries that stocks are overheating, with more than

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<v Speaker 2>eighty percent of S and P five hundred companies exceeding

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<v Speaker 2>profit estimates. For the week, the Dow was up one

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<v Speaker 2>point three percent. NASDACK advanced one percent in New York.

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<v Speaker 2>Charlie Pellett Bloomberg Radio.

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<v Speaker 1>European Commission President Ursula vonder Layan said she will travel

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<v Speaker 1>to Scotland this weekend to meet with President Trump, as

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<v Speaker 1>the two sides aimed to conclude a trade deal ahead

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<v Speaker 1>of in August first deadline, when thirty percent tariffs on

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<v Speaker 1>the blocks exports are otherwise due to kick in. After

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<v Speaker 1>months of talks in shuttle diplomacy between Brussels and Washington.

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<v Speaker 1>The two sides have been zeroing in on an agreement

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<v Speaker 1>this past week that would see the EU phase fifteen

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<v Speaker 1>percent tariffs on most of its trade. Bloomberg previously reported

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<v Speaker 1>limited exemptions are expected for aviation, some medical devices in

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<v Speaker 1>generic medicines, several spirits, and a specific set of manufacturing

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<v Speaker 1>equipment that the US needs. Israeli Prime Minister of Benjamin Netanyah,

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<v Speaker 1>who said Fridi his government was considering alternative options to

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<v Speaker 1>cease fire talks with a mass after Israel and the

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<v Speaker 1>US recall their negotiating teams, throwing the future of the

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<v Speaker 1>negotiations into further uncertainty. Netanyah, who's statement came as a

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<v Speaker 1>Hamas official, said negotiations were expected to resume next week

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<v Speaker 1>and portrayed the recall of the Israelian American delegations as

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<v Speaker 1>a pressure tactic. We get more from Bloomberg's Jamano burkeetche

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<v Speaker 1>in Dubai.

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<v Speaker 3>There were hopes that maybe a ceasefire would be agreed

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<v Speaker 3>to once again between Hama and the Israeli side, but

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<v Speaker 3>as we found out in the last twenty four hours,

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<v Speaker 3>negotiations have broken down and the US have fully withdrawn

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<v Speaker 3>their teams now from Doha at Steve Whitcoff, the US

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<v Speaker 3>Middle East Envoy, saying that Hamaser not acting.

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<v Speaker 1>In good faith, and Bloomberg's germana Burguecci says Following that

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<v Speaker 1>pull out, French President Emmanuel mal Crone said he would

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<v Speaker 1>recognize Palestine as a state this fall. Secretary of State

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<v Speaker 1>Mark Arrubio called that move a slap in the face

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<v Speaker 1>to the October seventh victims. A federal judge Fridday blocked

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<v Speaker 1>the Trump administration from ending birthright citizenship for the children

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<v Speaker 1>of parents who are in the US illegally, issuing the

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<v Speaker 1>third Court ruling blocking the birthright order nationwide. It's a

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<v Speaker 1>key Supreme Court decision. In June, US District Judge Leo

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<v Speaker 1>Serrocn found that a nationwide injunction granted to more than

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<v Speaker 1>a dozen states remains in force under an exemption to

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<v Speaker 1>the Supreme Court ruling. The states have argued that Trump's

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<v Speaker 1>birthright citizenship order is blatantly unconstitutional and threatens millions of

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<v Speaker 1>dollars for health insurance services that are contingent on citizenship status.

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<v Speaker 1>The issue is expected to move quickly back to the

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<v Speaker 1>nation's highest court. The Federal Reserve is offering a note

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<v Speaker 1>of thanks on social media to President Trump after his

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<v Speaker 1>visit to the Central Bank's headquarters, where he kept up

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<v Speaker 1>some of his criticism over its cost overruns. Bloomberg's Michael

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<v Speaker 1>McKee has more from New York.

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<v Speaker 4>The Federal Reserve says they were honored to welcome the

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<v Speaker 4>President yesterday for a visit to our historic headquarters. We

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<v Speaker 4>appreciated the opportunity to share progress on the renovation with

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<v Speaker 4>him and with Senators Tim Scott and Tom Tillis. They're

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<v Speaker 4>grateful for the President's encouragement to complete this project, and

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<v Speaker 4>they say they remain committed to continuing to be careful

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<v Speaker 4>stewards of these resources as we see the product through

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<v Speaker 4>to completion.

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<v Speaker 1>Bloomberg's Michael McKee. The Friday numbers on Wall Street, the

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<v Speaker 1>down was up two oh eight, NASDAK gain fifty, the

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<v Speaker 1>S and P up twenty five. The ten year Treasury

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<v Speaker 1>yield is at four point three eight percent, the two

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<v Speaker 1>year at three point nine two percent. That's news when

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<v Speaker 1>you want it. With Bloomberg News Now, I made Kleggy.

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<v Speaker 1>This is Blomberg