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

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Speaker 1: Doug Chrisner. The Justice Department filed a brief today arguing

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Speaker 1: Donald Trump should face prosecution for his efforts to overturn

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Speaker 1: the twenty twenty election, regardless of the ruling from the

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Speaker 1: Supreme Court on presidential immunity. We have more from Bloomberg's

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Speaker 1: Amy Morris in Washington.

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Speaker 2: It is a one hundred and sixty five page document.

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Speaker 2: It has some redactions in it. Prosecutors argue that Trump

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Speaker 2: should not be protected by presidential immunity because he engaged

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Speaker 2: in quote criminal conduct as a private citizen when he

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Speaker 2: and co conspirators pursued multiple criminal means to disrupt the

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Speaker 2: twenty twenty presidential election. Prosecutors say they would call swing

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Speaker 2: state election officials to testify about the falsity of Trump's

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Speaker 2: fraud claims, and they would introduce the contents of Trump's

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Speaker 2: iPhone and tweets that the government contends were unofficial from

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Speaker 2: Trump's account. Trump's lawyers have until October seventeenth to respond

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Speaker 2: in Washington, Amy Morris Bloomberg Radio.

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Speaker 1: The UN Security Council held an emergency mess today to

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Speaker 1: discuss the developments in the Middle East. Here is US

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Speaker 1: Ambassador to the UN, Linda Thomas Greenfield.

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Speaker 3: There can be no doubt Iranian support to regional proxies

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Speaker 3: has directly contributed to the crisis in Gaza and Lebanon.

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Speaker 3: I can't believe I have to say this, but I will.

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Speaker 3: The decision to launch nearly two hundred ballistic missiles at

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Speaker 3: Israel was not in any way defensive.

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Speaker 1: Ambassador Thomas Greenfield also called for the UN Security Council

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Speaker 1: to level more sanctions against Iran and the Islamic Revolutionary Guard. Meantime,

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Speaker 1: President Biden will soon place sanctions on Iran. The President

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Speaker 1: also said Israel should hold off from attacking Iran's nuclear

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Speaker 1: facilities in retaliation for a missile barrage. President Biden has

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Speaker 1: approved a request from North Carolina Governor Roy Cooper for

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Speaker 1: one hundred percent federal reimbursement of state cost tied to

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Speaker 1: aid after Hurricane Helen. Here's Biden today.

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Speaker 4: I approve request of Governor Cooper for the federal government

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Speaker 4: to cover one hundred percent, one hundred percent of all

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Speaker 4: the costs for degres removal emergency protective measures for six months,

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Speaker 4: all the costs.

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Speaker 1: That was President Biden speaking earlier at the Raleigh Emergency

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Speaker 1: Operations Center. OpenAI has completed a deal to raise six

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Speaker 1: point six billion dollars in new funding, and this gives

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Speaker 1: the company evaluation of one hundred and fifty seven billion

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Speaker 1: dollars now. During these negotiations, OpenAI reportedly made it clear

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Speaker 1: its expecting an exclusive funding arrangement the Fts, saying the

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Speaker 1: company wanted a way of restricting rivals access to capital

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Speaker 1: and strategic partnerships. Toyota is delaying production of its first

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Speaker 1: US made electric vehicle until twenty twenty six. The carmaker

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Speaker 1: initially targeted late next year to begin output of a

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Speaker 1: three row battery powered SUV made and an assembly plant

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Speaker 1: in Georgetown, Kentucky. However, according to a company spokesperson, it

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Speaker 1: has slipped by a few months into the following year.

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Speaker 1: After the Bell denamaker Levi Strauss narrowed its full year

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Speaker 1: outlook for revenue to the bottom end of a previous range.

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Speaker 1: More from Bloomberg's Charlie Pellett.

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Speaker 5: It is fueling concern that demand for the company's apparel

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Speaker 5: is stagnating. Levi said net revenue is expected to grow

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Speaker 5: about one percent in the company's current fiscal year compared

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Speaker 5: with the previous range of one to three percent. Levi

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Speaker 5: is making a push to generate more sales through its

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Speaker 5: own channels. While the company is making progress on that front,

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Speaker 5: its wholesale business is deteriorating rapidly, with a decline of

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Speaker 5: six percent in the latest quarter from a year ago.

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Speaker 5: In New York, Charlie Pellett Bloomberg Radio.

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Speaker 1: New York City Mayor Eric Adams could face further charges

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Speaker 1: in his federal corruption case. Prosecutors made that revelation today

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Speaker 1: to a judge in Manhattan, as Adams made his second

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Speaker 1: court appearance in a week. Pangee Policy founder Terry Haynes

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Speaker 1: says the indictment of the mayor is not likely to

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Speaker 1: have much political impact beyond New York.

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Speaker 6: People will look negatively and look strangely at what's going

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Speaker 6: on with Mayor Adams and other senior folks in the

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Speaker 6: New York government, in the New York City government, But

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Speaker 6: beyond that, I don't think it has a huge impact.

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Speaker 6: The National Democratic Party has been working on kind of

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Speaker 6: getting blue turnout maximized in the fall, and I think

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Speaker 6: I think they'll probably do some of that.

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Speaker 1: That's Terry Haynes, founder of Pangaea policy. For now. Adams

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Speaker 1: has pleaded not guilty to five charges related to alleged

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Speaker 1: bribes from Turkish officials and businessmen starting before he was

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Speaker 1: elected mayor. In Major League baseball's postseason, the Kansas City

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Speaker 1: Royals and Detroit Tigers each won their respective Wildcard series.

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Speaker 1: These teams will move on to the American League Division Series,

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Speaker 1: and in National League play, the Milwaukee Brewers won Game

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Speaker 1: two against the New York Mets, forcing a Game three tomorrow.

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

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