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

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Speaker 1: Charlie Pellett. The White House says peace talks with Iran

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Speaker 1: are ongoing, despite Tehran publicly rejecting US overtures and issuing

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Speaker 1: fresh conditions to end the conflict. Iran is now seeking guarantees,

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Speaker 1: including that the US and Israel will not resume attacks,

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Speaker 1: reparations for war damages, and recognition of its authority over

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Speaker 1: the strait of horror moves. Rosemary Kolonic is director of

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Speaker 1: the Middle East Program at Defense.

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Speaker 2: Priorities Trump ceasefire plans are not a ceasefire, right, this

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Speaker 2: is these are you know, Iran gave these counterproposals that

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Speaker 2: are ceasefire proposals. What needs to happen for hostilities to cease.

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Speaker 2: The US is trying to negotiate a whole comprehensive package,

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Speaker 2: which most countries don't agree to do in the middle

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Speaker 2: of a war because if they did, it would just

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Speaker 2: incentivize other countries attacking them. So the US and Iran

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Speaker 2: are just they're operating on totally different levels here, and

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Speaker 2: the US side is pretty disconnected from reality.

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Speaker 1: Rosemary Kolonic, director of the Middle East Program at Defense priorities.

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Speaker 1: The Iranian parliament is said to be working on a

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Speaker 1: draft bill to charge a fee in exchange for providing

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Speaker 1: security to ships passing through the Strait of Hormuz. That's

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Speaker 1: according to the semi official Fars News agency. Senate Republicans

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Speaker 1: have rejected Democrat's latest effort to end a shutdown at

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Speaker 1: the Department of Homeland Security. The shutdown has caused havoc

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Speaker 1: and air travel, with the Transportation Security Administration warning of

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Speaker 1: severe strain on airport security and wait times exceeding four

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Speaker 1: and a half hours at some airports. President Trump and

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Speaker 1: Chinese leader Jijin Ping will be holding their summit in

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Speaker 1: Beijing on May fourteenth and fifteenth, following a delay due

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Speaker 1: to the war with Iran. Here's Bloomberg's Mario Parker asking

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Speaker 1: White House Press Secretary Caroline Leavitt about the Iran war timeline.

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Speaker 3: Does givin the President postpone his original trip to China

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Speaker 3: because of the war? Should we infer that the war

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Speaker 3: will be wound down and concluded.

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Speaker 4: By the sign of that May fifteenth, fourteenth visit again?

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Speaker 3: As I've said, we've always estimated approximately four to six weeks,

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Speaker 3: so you could do the math on that, Mario, but

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Speaker 3: we do look forward. I know the President looks forward

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Speaker 3: to going to China on May fourteenth and fifteenth.

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Speaker 1: Levit went on to say that Gee will visit Washington

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Speaker 1: a date later this year. Jeff Blue shares rallied thirteen

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Speaker 1: percent today on a report it may be looking for

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Speaker 1: partners with a potential sale to a competitor. That's according

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Speaker 1: to Semaphore and with more. Here's Bloomberg's George Ferguson.

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Speaker 5: I think the challenge here is that since the pandemic,

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Speaker 5: Jeff Blue really hasn't performed very well in cash generation.

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Speaker 5: Part of it's been, you know that attempted to merger

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Speaker 5: with Spirit, but also recently right the low end of

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Speaker 5: the flying public, the baser economy business has been pretty rough.

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Speaker 5: Fares have been lower than needed, I think to get

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Speaker 5: good profitability.

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Speaker 1: Bloomberg's George Ferguson. Jeff Blue Shares up thirteen point five

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Speaker 1: percent today, United down seven tenths. Alaska Airlines up two

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Speaker 1: point one percent, Southwest of Yo point nine percent. President

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Speaker 1: Trump has appointed industry leaders to a new Presidential Technology

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Speaker 1: Council that will focus on AI policy and other science

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Speaker 1: related issues. It'll be called the President's Council of Advisors

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Speaker 1: on Science and Technology. Bloomberg's Ed Ludlow says the council

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Speaker 1: is part of Trump's push to establish American dominance in

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Speaker 1: AI and digital assets.

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Speaker 4: Everyone who believes that America should export his technology, be

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Speaker 4: that hardware or software, whether they should or not to China.

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Speaker 4: That's where there's different opinions. And you know, in our

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Speaker 4: reporting that's been what's in front of the president. There

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Speaker 4: are people around him who are from industry and they

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Speaker 4: want American technology out there. There are people who are

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Speaker 4: from the world of politics, and they might be more

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Speaker 4: true in their definition of China hawks and things no way,

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Speaker 4: and so that would be interesting to see how this

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Speaker 4: council does influence policy.

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Speaker 1: Bloomberg's Ed Ludlow interviewed on Bloomberg Balance of Power. The

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Speaker 1: Major League Baseball season is officially underway, and on opening night,

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Speaker 1: the Yankees defeated the San Francisco Giants seven to nothing.

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Speaker 1: US stocks hire s and p up thirty five to

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Speaker 1: sixty five, ninety one up five tenths, the Dow up

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Speaker 1: seven tenths and has stack up eight tenths, and that's

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

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Speaker 1: Charlie Pellock. Danitis is Bloomberg