1 00:00:02,440 --> 00:00:07,120 Speaker 1: Bloomberg Audio Studios, podcasts, radio, news. 2 00:00:08,400 --> 00:00:11,440 Speaker 2: News When you wanted with Bloomberg News Now, I'm Brian 3 00:00:11,480 --> 00:00:15,160 Speaker 2: Curtis in Hong Kong. US President Joe Biden warned Israel 4 00:00:15,200 --> 00:00:19,200 Speaker 2: against attacking the city of Rafa in southern Gaza. Ceasefire 5 00:00:19,239 --> 00:00:22,280 Speaker 2: talks with Hamas remain deadlocked as we head into the 6 00:00:22,280 --> 00:00:26,400 Speaker 2: beginning of Ramadan. Bloomberg Senior reporter Ian Marlow says the 7 00:00:26,400 --> 00:00:28,760 Speaker 2: holy month may impact negotiations. 8 00:00:29,200 --> 00:00:33,199 Speaker 3: Privately, US officials are thinking that Hamas is going to 9 00:00:33,680 --> 00:00:37,000 Speaker 3: wait a little bit until Ramadan rolls out a tiny 10 00:00:37,040 --> 00:00:41,040 Speaker 3: bit so they can see whether that you know, that 11 00:00:41,280 --> 00:00:44,520 Speaker 3: that little space will allow the region to heat up. 12 00:00:45,200 --> 00:00:47,680 Speaker 3: You know, maybe you will see protests. Maybe we'll see protests, 13 00:00:48,040 --> 00:00:50,040 Speaker 3: you know, in the West Bank or across the region, 14 00:00:50,240 --> 00:00:53,640 Speaker 3: perhaps more violence, and that might put pressure on Israel, 15 00:00:54,000 --> 00:00:56,520 Speaker 3: the US and allies to try and get to the 16 00:00:56,520 --> 00:00:59,000 Speaker 3: table more. That is the sense from the West about 17 00:00:59,000 --> 00:00:59,960 Speaker 3: what they think Hamas is doing. 18 00:01:00,040 --> 00:01:03,720 Speaker 2: Bloomberg's Ian Marlow. The US House of Representatives will vote 19 00:01:03,760 --> 00:01:06,959 Speaker 2: Wednesday on a bill that would force TikTok's Chinese parent 20 00:01:07,319 --> 00:01:10,679 Speaker 2: to divest the social media app in order to continue 21 00:01:10,680 --> 00:01:15,240 Speaker 2: operating in the United States Today, Massachusetts Democrats Seth Moulton 22 00:01:15,319 --> 00:01:17,319 Speaker 2: weighed in on Bloomberg's balance of power. 23 00:01:17,480 --> 00:01:20,600 Speaker 4: What TikTok is doing is sending out messages to all 24 00:01:20,640 --> 00:01:23,360 Speaker 4: its users to call people like me and say, don't 25 00:01:23,400 --> 00:01:27,800 Speaker 4: ban TikTok. West we're doing, but I'm trying to ban TikTok. 26 00:01:28,120 --> 00:01:30,920 Speaker 4: I hope it gets a vote. I think that we 27 00:01:30,959 --> 00:01:34,520 Speaker 4: don't need the Chinese Communist Party telling our kids what 28 00:01:34,720 --> 00:01:37,720 Speaker 4: to watch online, which is essentially what's going on here. 29 00:01:38,080 --> 00:01:41,480 Speaker 4: And I just want to see TikTok survive and thrive, 30 00:01:41,920 --> 00:01:44,919 Speaker 4: but under American protections in American hands. 31 00:01:45,040 --> 00:01:49,200 Speaker 2: Representative Seth Moulton, speaking to Bloomberg's Kaylee Lines and Joe Matthew, 32 00:01:49,640 --> 00:01:52,920 Speaker 2: President Joe Biden said he would sign the TikTok legislation. 33 00:01:53,080 --> 00:01:55,440 Speaker 2: If Congress can pass the bill, it would go into 34 00:01:55,480 --> 00:01:59,560 Speaker 2: effect as of September. India has successfully conducted its first 35 00:01:59,640 --> 00:02:04,000 Speaker 2: test flight of domestically developed missile that can carry multiple warheads. 36 00:02:04,200 --> 00:02:06,640 Speaker 2: Bloomberg's Karen Moscow has more in a. 37 00:02:06,600 --> 00:02:09,799 Speaker 1: Post on the social media site x. India Prime Minister 38 00:02:09,960 --> 00:02:13,880 Speaker 1: Narendra Modi said the missile is equipped with multiple independently 39 00:02:13,919 --> 00:02:17,799 Speaker 1: targetable re entry vehicles India has been developing its medium 40 00:02:17,800 --> 00:02:20,959 Speaker 1: and long range missile system since the nineteen nineties as 41 00:02:20,960 --> 00:02:24,440 Speaker 1: its strategic competition with China grows. In twenty twenty one, 42 00:02:24,480 --> 00:02:28,240 Speaker 1: has successfully tested a nuclear capable intercontinental ballistic missile with 43 00:02:28,280 --> 00:02:30,440 Speaker 1: a range of three thousand, one hundred and twenty five 44 00:02:30,520 --> 00:02:33,360 Speaker 1: miles that's believed to be capable of targeting nearly all 45 00:02:33,400 --> 00:02:36,080 Speaker 1: of China. India is also able to strike anywhere in 46 00:02:36,120 --> 00:02:39,600 Speaker 1: neighboring Pakistan. Karen Moscow, Bloomberg Radio. 47 00:02:39,639 --> 00:02:43,040 Speaker 2: And the television ratings for the Academy Awards are moving 48 00:02:43,040 --> 00:02:45,880 Speaker 2: in an upward trend. Bloomberg's aad Baxter with the. 49 00:02:45,880 --> 00:02:49,520 Speaker 5: Story Barbenheimer an early start to the Oscars have boosted 50 00:02:49,520 --> 00:02:53,440 Speaker 5: the numbers to a four year high Nielsen reporting nineteen 51 00:02:53,520 --> 00:02:57,959 Speaker 5: point five million, third consecutive year of increase. ABC bumped 52 00:02:57,960 --> 00:03:01,079 Speaker 5: the start time two seven pm Eastern to try to 53 00:03:01,080 --> 00:03:04,080 Speaker 5: get folks to stick around for the final categories. A 54 00:03:04,160 --> 00:03:07,679 Speaker 5: lot approach seems to have paid dividends as well. Barbie 55 00:03:07,680 --> 00:03:12,000 Speaker 5: and Oppenheimer's success this year box office smashes and the 56 00:03:12,160 --> 00:03:15,079 Speaker 5: rivalry which was played up during the show as well. 57 00:03:15,680 --> 00:03:19,840 Speaker 5: Nielsen says the most watched network show since February twenty 58 00:03:19,919 --> 00:03:22,200 Speaker 5: twenty Ed Baxter Bloomberg Radio. 59 00:03:22,280 --> 00:03:25,240 Speaker 2: The Consumer Price Index for February will be released in 60 00:03:25,240 --> 00:03:28,040 Speaker 2: the United States tomorrow. The data release could give some 61 00:03:28,160 --> 00:03:30,880 Speaker 2: clues as to when the Federal Reserve will start cutting 62 00:03:30,919 --> 00:03:34,440 Speaker 2: interest rates. We get more with Bloomberg's Michael McKee. 63 00:03:34,080 --> 00:03:37,720 Speaker 6: Not only CPI, but we get PPI this week. You 64 00:03:37,760 --> 00:03:39,640 Speaker 6: put those two together and you get a pretty good 65 00:03:39,640 --> 00:03:42,080 Speaker 6: idea of what the PCE is going to be. We 66 00:03:42,160 --> 00:03:45,760 Speaker 6: also get retail sales, jobless claims, and Michigan sentiment, and 67 00:03:45,800 --> 00:03:48,120 Speaker 6: all this folds together because the Fed wants to know 68 00:03:48,320 --> 00:03:52,520 Speaker 6: if it's interest rate level is restrictive or not, and 69 00:03:52,560 --> 00:03:55,280 Speaker 6: if the economy is slowing or if it is picking 70 00:03:55,400 --> 00:03:56,640 Speaker 6: up speed. 71 00:03:56,240 --> 00:04:00,600 Speaker 2: Bloomberg's Michael McKee. The Justice Department has hope into criminal 72 00:04:00,640 --> 00:04:03,960 Speaker 2: investigation into Boeing and the mid air blowout of a 73 00:04:04,000 --> 00:04:07,000 Speaker 2: door panel on a flight back in January. We're told 74 00:04:07,040 --> 00:04:09,880 Speaker 2: a grand jury has been convened as part of the probe. 75 00:04:10,160 --> 00:04:13,320 Speaker 2: The key question is whether Boeing is criminally liable for 76 00:04:13,360 --> 00:04:17,120 Speaker 2: the incident. The company's top selling seven thirty seven has 77 00:04:17,160 --> 00:04:21,400 Speaker 2: suffered a string of mishaps and embarrassing revelations about lapses 78 00:04:21,440 --> 00:04:24,960 Speaker 2: in manufacturing. So far this year, Boeing shares are down 79 00:04:25,000 --> 00:04:28,640 Speaker 2: more than twenty five percent. Today alone, Boeing was down 80 00:04:28,720 --> 00:04:32,320 Speaker 2: three percent. Moody's has cut developer at China Wonka's credit 81 00:04:32,440 --> 00:04:35,920 Speaker 2: rating to junk. Bloomberg Juan Wong has more from Hong Kong. 82 00:04:36,320 --> 00:04:39,719 Speaker 7: Moody stripped Wonka's investment Great credit rating and warrant of 83 00:04:39,760 --> 00:04:43,320 Speaker 7: potential further cuts the surface assigned to Wonka at BA 84 00:04:43,520 --> 00:04:46,880 Speaker 7: one Corporate Family rating. All of Wonka's ratings are on 85 00:04:46,960 --> 00:04:50,480 Speaker 7: review for downgrade, adding to the builder's woes. Sources a 86 00:04:50,600 --> 00:04:54,880 Speaker 7: wankavers facing resistance from the nation's two largest banks on 87 00:04:54,920 --> 00:04:57,920 Speaker 7: a new five hundred and seventy five million dollars offshore 88 00:04:57,920 --> 00:05:01,359 Speaker 7: a loan, and several measurement shoe yours have become concerned 89 00:05:01,360 --> 00:05:04,560 Speaker 7: about potential liquidity stress at the developer. All of this 90 00:05:04,760 --> 00:05:08,040 Speaker 7: is likely to further shake confidence in China's property sector 91 00:05:08,400 --> 00:05:11,000 Speaker 7: In Hong Kong Joint Wong Bloomberg Radio. 92 00:05:10,880 --> 00:05:13,800 Speaker 2: That's news when you want it with Bloomberg News Now. 93 00:05:14,040 --> 00:05:16,280 Speaker 2: I'm Brian Curtis. This is Bloomberg