1 00:00:01,360 --> 00:00:04,760 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,760 --> 00:00:08,119 Speaker 1: made Kleggy. A massive outage on trading in almost all 3 00:00:08,200 --> 00:00:12,440 Speaker 1: CME futures and options at the Chicago Mercantile Exchange Thursday 4 00:00:12,520 --> 00:00:15,800 Speaker 1: night and into Friday has people giving the data center 5 00:00:15,880 --> 00:00:18,520 Speaker 1: behind the problem once over. We get more on this 6 00:00:18,560 --> 00:00:20,320 Speaker 1: from Bloomberg's Denise Pellegrini. 7 00:00:20,480 --> 00:00:23,119 Speaker 2: The data center in Aurora, Illinois is probably best known 8 00:00:23,160 --> 00:00:25,960 Speaker 2: for serving as the setting of the comedy film Wayne's World, 9 00:00:26,000 --> 00:00:29,640 Speaker 2: but the overheating problem it experienced was no joke. The 10 00:00:29,680 --> 00:00:33,559 Speaker 2: Cyrus one facility has at least twenty five quadrillion dollars 11 00:00:33,600 --> 00:00:36,600 Speaker 2: of presumed trading volume passing through it every day, and 12 00:00:36,640 --> 00:00:39,479 Speaker 2: now the incident at the company, owned by KKR and 13 00:00:39,640 --> 00:00:43,600 Speaker 2: Global Infrastructure Partners, is raising questions about the design of 14 00:00:43,640 --> 00:00:47,000 Speaker 2: the cooling system and also its disaster recovery plans. That 15 00:00:47,120 --> 00:00:50,559 Speaker 2: also has some wondering about the reliability of other data centers. 16 00:00:50,680 --> 00:00:52,600 Speaker 2: Denise Pellegriney Bloomberg Radio. 17 00:00:52,440 --> 00:00:55,120 Speaker 1: Airbus caution that more than half of its active A 18 00:00:55,280 --> 00:00:58,200 Speaker 1: three to twenty jetliner family fleet will need a software 19 00:00:58,240 --> 00:01:01,639 Speaker 1: fix after a recent incident involving a Jet Blue airliner 20 00:01:01,680 --> 00:01:05,319 Speaker 1: revealed that intense solar radiation could corrupt data that helps 21 00:01:05,360 --> 00:01:08,839 Speaker 1: maintain functioning flight controls. The company said more than sixty 22 00:01:08,840 --> 00:01:11,080 Speaker 1: five hundred jets in total may be impacted by the 23 00:01:11,120 --> 00:01:14,920 Speaker 1: required fix. The advisory follows an incident on October thirtieth 24 00:01:14,959 --> 00:01:18,280 Speaker 1: involving a Jet Blue aircraft flying from Cancun to Newark 25 00:01:18,280 --> 00:01:21,880 Speaker 1: that suffered a computer glitch, resulting in a sudden, unexpected 26 00:01:21,920 --> 00:01:25,840 Speaker 1: downward pitch without pilot input. President Trump says he is 27 00:01:25,959 --> 00:01:30,240 Speaker 1: terminating every document former President Joe Biden signed with an autopen. 28 00:01:30,680 --> 00:01:32,920 Speaker 1: We get to tail some Bloomberg's Monica ricks. 29 00:01:33,000 --> 00:01:36,920 Speaker 3: President Trump says he's terminating every document former President Biden 30 00:01:37,040 --> 00:01:40,520 Speaker 3: signed with an autopen. In a true social post, Trump 31 00:01:40,560 --> 00:01:44,080 Speaker 3: accused Biden of signing approximately ninety two percent of documents 32 00:01:44,160 --> 00:01:47,319 Speaker 3: through the use of an autopen, and threatened perjury charges 33 00:01:47,319 --> 00:01:49,920 Speaker 3: against Biden if he claimed he consented to the use 34 00:01:49,920 --> 00:01:53,440 Speaker 3: of the mechanical pen to sign papers. Trump claims Biden's 35 00:01:53,480 --> 00:01:56,680 Speaker 3: staff used it illegally because the former president wasn't in 36 00:01:56,720 --> 00:01:59,680 Speaker 3: control of his own presidency. It's not clear, though, what 37 00:01:59,800 --> 00:02:02,960 Speaker 3: lee pushback Trump could receive from trying to nix Biden's 38 00:02:03,000 --> 00:02:06,240 Speaker 3: past orders, or how federal agencies that have been impacted 39 00:02:06,280 --> 00:02:11,000 Speaker 3: by the former president's policies will respond. Monica Rix Bloomberg Radio. 40 00:02:11,160 --> 00:02:14,120 Speaker 1: The New York Times reports President Trump spoke with Venezuelan 41 00:02:14,240 --> 00:02:17,079 Speaker 1: leader Nicholas Maduro last week and the two discussed a 42 00:02:17,160 --> 00:02:19,919 Speaker 1: possible meeting as the US ramps up pressure on Caracas 43 00:02:19,919 --> 00:02:23,320 Speaker 1: ahead of potential military strikes. The leaders still have not 44 00:02:23,400 --> 00:02:26,000 Speaker 1: made plans for such a meeting, adding that US Secretary 45 00:02:26,080 --> 00:02:28,960 Speaker 1: of State Marco Rubio joined the two presidents on the call. 46 00:02:29,320 --> 00:02:31,840 Speaker 1: The call comes as the US in recent months has 47 00:02:31,880 --> 00:02:35,680 Speaker 1: been intensifying pressure on Venezuela, part of a counter narcotics 48 00:02:35,680 --> 00:02:39,320 Speaker 1: operation targeting drug trafficking that the Trump administration says is 49 00:02:39,360 --> 00:02:43,560 Speaker 1: being led by Maduro's regime. A Ukrainian delegation is heading 50 00:02:43,560 --> 00:02:46,040 Speaker 1: to the US for further discussions over a peace plan 51 00:02:46,160 --> 00:02:49,160 Speaker 1: pushed by President Trump. The group is expected to meet 52 00:02:49,240 --> 00:02:52,120 Speaker 1: with US Special Envoy Steve Whitcoff and Trump's son in law, 53 00:02:52,200 --> 00:02:55,120 Speaker 1: Jared Kushter in Florida. Whitcoff is said to lead a 54 00:02:55,240 --> 00:02:58,160 Speaker 1: US delegation for talks in Russia next week. A phone 55 00:02:58,160 --> 00:03:00,560 Speaker 1: call last month between Whitcoff and a scene your Qumentlin 56 00:03:00,639 --> 00:03:04,000 Speaker 1: official revealed how Trump's envoy suggested they work together on 57 00:03:04,040 --> 00:03:07,359 Speaker 1: a plan for Ukraine. This according to a recording reviewed 58 00:03:07,400 --> 00:03:12,120 Speaker 1: by Bloomberg, Ukrainian President Vlodimir Zelenski's powerful chief of staff 59 00:03:12,160 --> 00:03:17,240 Speaker 1: resigned after becoming ensnared in a corruption investigation, Andrey Yermak 60 00:03:17,320 --> 00:03:20,120 Speaker 1: has been lead negotiator in peace talks. The move followed 61 00:03:20,320 --> 00:03:24,160 Speaker 1: a search of Irmac's apartment by anti graft investigators early Friday. 62 00:03:24,520 --> 00:03:27,360 Speaker 1: Well the the authorities didn't explain the raid, and followed 63 00:03:27,360 --> 00:03:30,720 Speaker 1: news of a widening probe involving several ministers and one 64 00:03:30,720 --> 00:03:34,800 Speaker 1: of Zelenski's former business partners. Irmac said he was cooperating 65 00:03:34,880 --> 00:03:38,880 Speaker 1: fully with the investigation. President Trump has announced an immediate 66 00:03:38,880 --> 00:03:43,040 Speaker 1: pause and immigration from third world countries. Terry Haines, founder 67 00:03:43,120 --> 00:03:46,240 Speaker 1: of Pangee Policy, talked about it in a Bloomberg interview. 68 00:03:46,320 --> 00:03:50,160 Speaker 4: The President, as he normally does, is taking an immediate 69 00:03:50,240 --> 00:03:55,280 Speaker 4: position that's very action oriented. And remember that the administration 70 00:03:55,520 --> 00:03:59,000 Speaker 4: already makes much out of the fact that illegal immigration 71 00:03:59,120 --> 00:04:01,119 Speaker 4: of this country is basically stopped. 72 00:04:01,480 --> 00:04:05,840 Speaker 1: Terry Haynes, founder of Pangeo Policy, Expectations that the Federal 73 00:04:05,880 --> 00:04:09,760 Speaker 1: Reserve will cut interest rates faster than initially anticipated, has 74 00:04:09,760 --> 00:04:13,360 Speaker 1: fueled a late month rebound on Wall Street. Juliat Carnado 75 00:04:13,400 --> 00:04:16,559 Speaker 1: is founder and president of Macro Policy Perspectives and says 76 00:04:16,960 --> 00:04:20,200 Speaker 1: the possibilities are twofold with the market price for several 77 00:04:20,279 --> 00:04:21,400 Speaker 1: rate cuts next year. 78 00:04:21,560 --> 00:04:23,640 Speaker 5: I think either we're going to get one and done 79 00:04:23,720 --> 00:04:26,440 Speaker 5: because things are stabilizing and growth is going to be 80 00:04:26,480 --> 00:04:30,040 Speaker 5: okay and the AI story has enough legs to power 81 00:04:30,279 --> 00:04:34,359 Speaker 5: the economy, or we're really starting. You know, we're in 82 00:04:34,400 --> 00:04:38,760 Speaker 5: the early game turning of the labor market and the 83 00:04:38,800 --> 00:04:41,000 Speaker 5: Fed is going to have to cut not just to neutral, 84 00:04:41,040 --> 00:04:42,839 Speaker 5: but through to neutral to an accommodate. 85 00:04:42,880 --> 00:04:48,360 Speaker 1: Interesting. Julia Carnado with Macro Policy Perspectives Friday on Bloomberg Surveillance. 86 00:04:48,520 --> 00:04:50,520 Speaker 1: The Friday numbers on Wall Street the down game two 87 00:04:50,560 --> 00:04:52,960 Speaker 1: eighty nine. NASDAC added one point fifty one. The S 88 00:04:53,000 --> 00:04:55,479 Speaker 1: and P was up thirty six. The ten year treasury 89 00:04:55,520 --> 00:04:57,840 Speaker 1: yield four point zero one percent, the two year is 90 00:04:57,880 --> 00:05:01,160 Speaker 1: at three point four to nine percent. That's news when 91 00:05:01,200 --> 00:05:04,200 Speaker 1: you want it with Bloomberg News. Now I made Koleggy. 92 00:05:04,560 --> 00:05:06,040 Speaker 1: This is Bloomberg