Speaker 1: Good morning.
Speaker 2: I'm Nathan Hager and I'm Karen Moscow. Here are the
Speaker 2: stories we're following today.
Speaker 3: We begin with the latest in the war between Israel
Speaker 3: and Hamas. Palestinian officials say Israeli airstrikes in Gaza have
Speaker 3: killed more than twenty six hundred and fifty people. Israel
Speaker 3: is opening up a safe corridor out of northern Gaza.
Speaker 3: It estimates more than six hundred thousand have already fled
Speaker 3: Gaza City. Secretary of State Anthony Blincoln has arrived back
Speaker 3: in Israel. Sources say President Biden is considering a visit
Speaker 3: of his own. He says Hamas needs to be eliminated entirely.
Speaker 4: Israel is going after a group of people who are
Speaker 4: engaged in barbarism that is as consequential as the Holocaust,
Speaker 4: and so I think Israel has to respond. They have
Speaker 4: to go after Aramas.
Speaker 3: President Biden spoke on CBS's sixty Minutes. Listeners in Washington,
Speaker 3: DC can hear sixty minutes every Sunday evening on Bloomberg
Speaker 3: ninety nine to one.
Speaker 2: Well Nathan, Israel says it continues to have full fledged
Speaker 2: support from the United Slime States, and we spoke earlier
Speaker 2: with Israel Defense spokesperson Jonathan Conricus on Bloomberg Radio.
Speaker 5: The administration, headed by the President and then down through
Speaker 5: the Secretary of State, etc. Are clearly unequivocally behind as well.
Speaker 5: And I want to be clear, we don't want a
Speaker 5: single American to do any fighting on our behalf. We
Speaker 5: will do the fighting by ourselves, and we will beat
Speaker 5: our enemies by ourselves. It is the material, the support,
Speaker 5: the replenishment of munitions that are important, and of course
Speaker 5: the diplomatic support that we are very aware that we
Speaker 5: will need in the future.
Speaker 2: Israel Defense spokesperson Jonathan Conricus is Israel is opening a
Speaker 2: safe corridor from North Gaza again today. It's estimated that
Speaker 2: more than six hundred thousand people have already left Gaza's
Speaker 2: city and its surroundings for Southern Gaza.
Speaker 3: Meantime, Karen the Palestinian Onvoided China is calling for Beijing
Speaker 3: to play a role in ending the war in the
Speaker 3: Gaza Strip amid concerns of a wider conflict and a
Speaker 3: rising humanitarian tall We spoke earlier with Thembassador for Reese Madowi.
Speaker 6: We need to stop what's going on. People are dying
Speaker 6: and we need to address this situation. It's the obligation
Speaker 6: of the international community, in which China is responsible as well.
Speaker 6: This is why they're sitting that security concept and this
Speaker 6: is what we expect from them to join hands along
Speaker 6: with others.
Speaker 3: Palace City and Ambassador for Reese Madowi downplayed the role
Speaker 3: of Iran in the conflict.
Speaker 2: Well, Nathan, we want to turn out of politics at
Speaker 2: our nation's capital. House Republicans will try once again this
Speaker 2: week to elect a new speaker. It's been almost two
Speaker 2: weeks since Kevin McCarthy was ousted. House Minority Leader Hakim
Speaker 2: Jeffries says there are important bills that need to be addressed.
Speaker 7: We want to ensure that votes are taken on bills
Speaker 7: that have substantial Democratic support and substantial Republicans.
Speaker 2: Support, and House Democratic Leader Hakim Jeffries says that he's
Speaker 2: had informal talks with the Republicans on a bipartisan solution
Speaker 2: to the leadership standoff. He made the comments on NBC's
Speaker 2: Meet the Press, Catch the Programs Sundays on Bloomberg Radio.
Speaker 3: In geopolitical news, Care in the US is going to
Speaker 3: tighten curbs on China's access to advanced chip technology, and
Speaker 3: we get the story from Bloomberg's Ed Baxter.
Speaker 8: The first round happened in October, described as sweeping. So
Speaker 8: what this will do is tighten the measures already in
Speaker 8: place to refine to close loopholes controls on selling graphic
Speaker 8: chips for AI and advanced chip making equipment to Chinese firms.
Speaker 8: The US will also add Chinese chip design firms to
Speaker 8: a trade restriction list on AI and impose additional checks
Speaker 8: to firms trying to evade restrictions already in place by
Speaker 8: routing through other nations. Ad Baxter, Bloomberg Radio.
Speaker 1: All right, Ed, thanks.
Speaker 2: We'll turning to the markets. Big banks will be in
Speaker 2: focused as earning season picks up, and we get a
Speaker 2: preview from Bloomberg Shirley Pillett.
Speaker 9: Among the financials this week Goldman Sachs, Morgan, Stanley, Bank
Speaker 9: of America, Blackstone, Bank of New York, Mellon, American Express,
Speaker 9: and Charles Schwab. We'll also hear from a broad range
Speaker 9: of S and P companies. Sarah Malick's chief investment officer
Speaker 9: at Neuvene.
Speaker 10: Coming into earning seasons, we've seen cutstick and census. I
Speaker 10: think there's upside companies can eat and raise. Also, margins
Speaker 10: are expected to be down, and we're coming off three
Speaker 10: quarters of our earnings a session of negative negative earnings growth.
Speaker 9: Also this week AT and T, Johnson and Johnson, Lockheed, Martin, Netflix,
Speaker 9: and Tesla, among many others. In New York, Charlie Bloomberg Radio.
Speaker 3: Okay, Charlie thanks. Another well known company, Right Aid has
Speaker 3: filed for bankruptcy. The pharmacy chain says it'll also shutter
Speaker 3: more stores as it looks to restructure nets. Right Aid's
Speaker 3: been laboring under more than three billion dollars of long
Speaker 3: term borrowing. The situation got worse after the US government
Speaker 3: claimed it filled unlawful prescriptions for opioid painkillers.
Speaker 2: And finally, Nathan the Taylor Swift Express continues to roll.
Speaker 2: People come up to me and maybe like, you know,
Speaker 2: to just like do you show with like all the
Speaker 2: albums in it?
Speaker 11: And I was like, yeah, it's gonna be called the
Speaker 11: Eras Tour.
Speaker 9: See you there.
Speaker 2: In The movie version of Swift's Stadium Tour instantly became
Speaker 2: one of the highest grossing concert films ever. comScore says
Speaker 2: The Eras Tour delivered an estimated ninety six million dollars
Speaker 2: in ticket sales this weekend in the US and Canada,
Speaker 2: and another thirty two million internationally. That Dwarf's passed movies
Speaker 2: by Justin Bieber and the late Michael Jackson. Rather than
Speaker 2: distribute the eras tour movie through a studio, Swift struck
Speaker 2: a deal with AMC Entertainment, the largest theater operator. All right, Nathan,
Speaker 2: thanks time now for a look at some of the
Speaker 2: other stories making news around the world. From that, we're
Speaker 2: joined by Bloomberg's John Tucker. John, good morning, and good
Speaker 2: morning Karen.
Speaker 12: A seventy one year old Illinois man accused of fatally
Speaker 12: stabbing a six year old boy near Chicago and seriously
Speaker 12: wounding a thirty two year old woman has been charged
Speaker 12: with a hate crime. Police alleged he singled out the
Speaker 12: victims because of their Islamic faith and as a response
Speaker 12: to the war between Israel and Hamas Aukman Hobb is
Speaker 12: the executive director of the Council on American Islamic Relations.
Speaker 13: What we have is a murdered Palestinian child by someone
Speaker 13: who was radicalized by the environment in which we live
Speaker 13: right now.
Speaker 12: FBI officials, along with Jewish and Muslim groups have reported
Speaker 12: an increase of hateful and threatening rhetoric. The latest fundraising
Speaker 12: reporting shows former President Trump with an almost insurmountable cash haul.
Speaker 12: More from Washington and Bloomberg Steve PTIs this Morning.
Speaker 14: In the three month period from July through the end
Speaker 14: of September, Trump raised more than twenty four and a
Speaker 14: half million dollars for his presidential campaign, the hall, boosted
Speaker 14: by his plays to donors to aid his effort as
Speaker 14: he is set to face multiple legal trials next year.
Speaker 14: The third quarter fundraising report shows the former president's dominance
Speaker 14: in the Republican field. Ron DeSantis' fundraising has slowed considerably.
Speaker 14: In the third quarter, he brought in fifteen point one
Speaker 14: million dollars. President Biden's campaigns it raised seventy one million
Speaker 14: dollars in the third quarter. I'm Steve Podesk, Bloomberg Radio,
Speaker 14: hardline Republican at Louisiana Attorney General Jeff Landry is the
Speaker 14: state's new governor, winning more than fifty percent of the
Speaker 14: vote Saturday and handing the GOP control of Louisiana's top
Speaker 14: executive office for the first time since twenty sixteen.
Speaker 3: The night's election says that our state is United and
Speaker 3: it's a wake up call. It's a message that every once.
Speaker 15: You hear loud and clear that we the people in
Speaker 15: this state are going to expect more out of our
Speaker 15: government from here on out.
Speaker 12: The Trump Back Conservative one with fifty one and a
Speaker 12: half percent of the vote, Founded by Democrat Sean Wilson.
Speaker 12: Global News twenty four hours a day, powered by more
Speaker 12: than twenty seven hundred journalists and analysts and more than
Speaker 12: one hundred twenty countries. I'm John Tucker and this is
Speaker 12: Bloomberg Karen Hry.
Speaker 2: John, thank you what we bring you news throughout the
Speaker 2: day right here on Bloomberg Radio. But now you can
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Speaker 2: Subscribed to Bloomberg News Now to get the latest headline
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Speaker 2: You can listen and subscribe to Bloomberg News Now on
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Speaker 2: and anywhere else you get your podcasts. Time now for
Speaker 2: the Bloomberg Sports Update, and here's John stash Hour, John Karen.
Speaker 7: The Texas Rangers yet to lose in the postseason, six games,
Speaker 7: six victories, five of those on the road. They took
Speaker 7: Game one of the American League Championship Series in Houston
Speaker 7: two to nothing behind the pitching of Jordan Montgomery, who
Speaker 7: the Rangers acquired at the trade deadline from Saint Louis.
Speaker 7: He's been terrific since then. Pitched into the seventh inning
Speaker 7: the bullpen with two and two thirds of hitless relief.
Speaker 7: Theodie Taveres had a home run. Game two is this
Speaker 7: afternoon in Houston. Had a Game one of the NLCS
Speaker 7: tonight Arizona in Philadelphia, And speaking of Philly, the Eagles
Speaker 7: lost for the first time, upset by the Jets twenty
Speaker 7: to fourteen. It's the first time the Eagles have ever
Speaker 7: lost to the Jets. They had been twelve and zero
Speaker 7: against them. Jalen Hurts intercepted three times. The forty nine
Speaker 7: Ers were the NFL's other undefeated team, and they lost
Speaker 7: for the first time, held only two hundred and fifteen
Speaker 7: yards of offense by the Browns, who have the number
Speaker 7: one defense in the NFL. Cleveland won nineteen seventeen as
Speaker 7: the Niners. Rookie kicker Jake Moody missed a game winning
Speaker 7: forty one yard field goal at the end for the
Speaker 7: Patriots a little bit better after losing the last two
Speaker 7: games by a combined score of seventy two to three.
Speaker 7: Much closer in Las Vegas, but the Raiders won twenty
Speaker 7: one to seventeen. The Pats are now one in five.
Speaker 7: Washington won in Atlanta twenty four to sixteen. The Commanders
Speaker 7: intercepted Desmond Ritter three times. Both teams were three and three.
Speaker 7: Baltimore went to London beat Tennessee twenty four to sixteen.
Speaker 7: The game last night, Buffalo survived beat the Giants fourteen
Speaker 7: to nine. The Bills trailed six to nothing at the Hack.
Speaker 7: John Stansheaward Bloomberg.
Speaker 16: Sports from coast to coast, from New York to San Francisco,
Speaker 16: Boston to Washington, DC, nationwide on Sirius Exam, the Bloomberg
Speaker 16: business appened. Bloomberg dot Com.
Speaker 9: This is Bloomberg Daybreak.
Speaker 3: Good morning, I'm Nathan Hager. The war between Israel and
Speaker 3: Hamas appears to have entered something of a weight and
Speaker 3: see mode this morning. Secretary of State Anthony Blincoln is
Speaker 3: back in Israel after a flurry of diplomatic activity in
Speaker 3: Gulf Arab states over the weekend. President Biden is said
Speaker 3: to be considering a trip of his own as Israel
Speaker 3: urges hundreds of thousands of civilians remaining in northern Gaza
Speaker 3: to get out of harm's way. For the very latest,
Speaker 3: we are joined from Tel Aviv by Bloomberg's Israel Bureau
Speaker 3: chief Ethan Bronner. Ethan, good morning. Get us up to
Speaker 3: speed on so much of the diplomatic activity that has
Speaker 3: been happening since the weekend.
Speaker 11: Yes, Nathan, Well, I mean you summarized. Well, the Anthony
Speaker 11: Blinken is back.
Speaker 15: He just landed and is spending the afternoon with the Israelis.
Speaker 15: Tomorrow Olaf Schultz, Chancellor of Germany, is due here and
Speaker 15: it's very likely that President Biden will come on we
Speaker 15: so you know, this sort of parade of people coming
Speaker 15: to express support for Israel. But one has to imagine
Speaker 15: also to urge some kind of guardrails to their activity
Speaker 15: in Gaza for fear that this thing could get out
Speaker 15: of control regionally. And I know that the Americans have
Speaker 15: been urging the Israelis not to get not to be
Speaker 15: too aggressive in the north against Isbelah in order to
Speaker 15: prevent this from spreading. So it's a lot of stuff
Speaker 15: going on at once. There's an enormous, enormous termination and
Speaker 15: rage still in Israel, and I think it's not meeting
Speaker 15: entirely with the mood of the rest of the world.
Speaker 15: And we'll lot to see how that goes.
Speaker 3: Yeah, Well, I wanted to ask how or whether this
Speaker 3: is tempered some of that anger you have described over
Speaker 3: recent days following the brutal attack by Hamas Saturday last
Speaker 3: have you seen any evidence that this diplomatic activity, so
Speaker 3: much of it happening so quickly, has altered the mood
Speaker 3: not just of Israeli leaders but of Israeli citizens after
Speaker 3: that attack.
Speaker 15: So I'm not seeing that, and that's why I think
Speaker 15: that we're we're headed for somewhere quite unclear.
Speaker 11: I'm seeing renewed.
Speaker 15: Determination in the Israeli sort of mindset, and there's a
Speaker 15: kind of a continuing focus on the massacres. More details,
Speaker 15: more tapes, more survivors being asked to speak to foreign
Speaker 15: visitors and foreign journalists in order to make the point
Speaker 15: that the Israelis feel is vital, which is that Saturday,
Speaker 15: October seventh began a new era in Israel's relationship with Hamas.
Speaker 15: It is now seen as Isis it needs to be eliminated, removed.
Speaker 15: There's no discussion the civilization versus Barbary, and I'm not
Speaker 15: sure that that is being reflected in the our world
Speaker 15: or abroad. I think the Americans are somewhat sympathetic to it,
Speaker 15: but my guess.
Speaker 11: Is that they're not. They're a little alone in seeing
Speaker 11: it that way.
Speaker 3: It's not just a focus on Israel and sort of
Speaker 3: tempering the emotions there, but there's also a focus on
Speaker 3: Iran and deterring them from potentially escalating this into a
Speaker 3: wider war. How has this diplomatic effort played a role
Speaker 3: in potentially preventing Iran from getting even further involved in this?
Speaker 15: Well, Lloyd Austin, the American sector of Defense was here.
Speaker 15: A lot of American officials, you know, been coming and going,
Speaker 15: and there are two US battle fleets with US carriers
Speaker 15: Gerald Ford and the Eisenhower in the Mediterranean, and the
Speaker 15: Americans are saying to the Israelis, be careful in the north,
Speaker 15: don't get too aggressive with his Bellah and if they attack.
Speaker 11: You, you know.
Speaker 15: Okay, I'm not sure exactly what they're promising, but they're
Speaker 15: certainly publicly saying our presence, our military presence is a
Speaker 15: specific signal to Iran which backs his Belah. So that's
Speaker 15: the broad nature of what the Americans are doing with
Speaker 15: regard to Iran.
Speaker 3: We have also seen skirmishes with Hasbelah to the north.
Speaker 3: Is that raising the risk of a wider war? How
Speaker 3: is Israel handling that?
Speaker 11: Yes it is, and Israel is sort of tit for
Speaker 11: tatting it for the moment they helicopter attacks on hospital
Speaker 11: as sites in southern Lebanon and fighting back and hitting
Speaker 11: a guy his blogai killing him. So yes, there's been
Speaker 11: a back and forth. But as I said a minute ago,
Speaker 11: the goal seems to be that the Americans are saying
Speaker 11: to them, you know, of course, defend yourself, but don't
Speaker 11: go wild up there because the risk. And the Iranians
Speaker 11: have been publicly saying of course these are all battles
Speaker 11: of messages and so forth too, But the rangers have
Speaker 11: said publicly that they you know that it will spread. Well,
Speaker 11: they're also saying it will spread at the Israelis go
Speaker 11: too hard into Gaza, so we'll have to see. You know.
Speaker 15: They've asked a million point one point one million people
Speaker 15: to leave the northern part of the Gaza strip for
Speaker 15: the south about half of that number seems to have gone.
Speaker 15: There is some water and humanitarian stuff apparently coming in.
Speaker 1: This is Bloomberg Daybreak Today, your morning brief on the
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