1 00:00:02,680 --> 00:00:05,080 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:05,080 --> 00:00:08,760 Speaker 1: Doug Prisner. Hamas says it's released two more hostages, both 3 00:00:08,880 --> 00:00:12,520 Speaker 1: elderly women. Egyptian media reports the women reached the Rafa 4 00:00:12,520 --> 00:00:16,920 Speaker 1: border crossing after being released due to efforts by Egypt Now. 5 00:00:16,960 --> 00:00:21,480 Speaker 1: Israeli stayed on television confirmed the release. Meantime, Israel's military 6 00:00:21,560 --> 00:00:25,560 Speaker 1: carried out airstrikes on Gaza and made targeted raids inside 7 00:00:25,560 --> 00:00:29,040 Speaker 1: the territory. However, the Israelis have appeared to have held 8 00:00:29,080 --> 00:00:32,600 Speaker 1: off on a broader ground invasion. As efforts continue to 9 00:00:32,680 --> 00:00:36,040 Speaker 1: free hostages held by Hamas, there are reports of another 10 00:00:36,120 --> 00:00:39,800 Speaker 1: release possibly being in the works. Meantime, National Security Council 11 00:00:39,840 --> 00:00:43,080 Speaker 1: spokesman John Kirby says the White House is working around 12 00:00:43,080 --> 00:00:45,840 Speaker 1: the clock to release all US hostages. 13 00:00:46,200 --> 00:00:49,599 Speaker 2: It is literally an hour by hour effort here at 14 00:00:49,640 --> 00:00:51,640 Speaker 2: the White House and at the State Department to find 15 00:00:51,680 --> 00:00:54,000 Speaker 2: out where these folks are and to try to make 16 00:00:55,200 --> 00:00:57,320 Speaker 2: the effort to get them out and get them back. 17 00:00:57,600 --> 00:01:00,680 Speaker 1: President Biden says a ceasefire in Gaza can only be 18 00:01:00,760 --> 00:01:05,399 Speaker 1: discussed after the hostages are released. Bloomberg Opinion editor Bobby 19 00:01:05,440 --> 00:01:08,679 Speaker 1: Gosh says Israel is not only dealing with the hostages, 20 00:01:09,080 --> 00:01:12,360 Speaker 1: but humanitarian concerns and public opinion. 21 00:01:12,920 --> 00:01:15,880 Speaker 3: There's a lot of pressure on Israelis to hold off, 22 00:01:16,080 --> 00:01:20,000 Speaker 3: to restrain themselves from the United States primarily, but from 23 00:01:20,120 --> 00:01:25,360 Speaker 3: the wider world. I would say cautioning against the ground invasion. 24 00:01:25,000 --> 00:01:28,880 Speaker 1: That is Bloomberg Opinion columnist Bobby Gosch. Meantime, the Pentagon 25 00:01:28,959 --> 00:01:32,720 Speaker 1: has sent military advisors to Israel. This includes a Marine 26 00:01:32,760 --> 00:01:36,080 Speaker 1: Corps general versed in urban warfare. The US is also 27 00:01:36,200 --> 00:01:40,839 Speaker 1: speeding multiple sophisticated air defense systems to the Mideast, days 28 00:01:40,840 --> 00:01:44,399 Speaker 1: ahead of an expected ground assault into Gaza. Well, it's 29 00:01:44,400 --> 00:01:47,280 Speaker 1: been twenty days since the US House of Representatives has 30 00:01:47,319 --> 00:01:50,240 Speaker 1: had a speaker, and at this hour in Washington, House 31 00:01:50,280 --> 00:01:53,720 Speaker 1: Republicans are meeting behind closed doors to hear from candidates 32 00:01:53,840 --> 00:01:54,840 Speaker 1: vying for the job. 33 00:01:55,360 --> 00:01:55,560 Speaker 4: Now. 34 00:01:55,560 --> 00:01:59,200 Speaker 1: The day began with nine Republicans putting their names forward, 35 00:02:00,000 --> 00:02:02,520 Speaker 1: Bloomberg's Jonathan Tamaris one of. 36 00:02:02,440 --> 00:02:06,120 Speaker 2: Them, Dan Muser Pennsylvania, dropped out, so we're now down 37 00:02:06,160 --> 00:02:08,720 Speaker 2: to eight potential nominees. 38 00:02:08,320 --> 00:02:11,800 Speaker 1: And Axios is reporting all eight have vowed to support 39 00:02:11,880 --> 00:02:16,080 Speaker 1: the eventual nominee. Oil Giant Chevron is buying hess. This 40 00:02:16,200 --> 00:02:19,400 Speaker 1: is an all stock transaction worth fifty three billion dollars, 41 00:02:19,560 --> 00:02:22,639 Speaker 1: and the move gives Chevron thirty percent ownership of more 42 00:02:22,639 --> 00:02:27,000 Speaker 1: than eleven billion barrels worth of recoverable resources in Guyana. 43 00:02:27,240 --> 00:02:30,720 Speaker 1: Chevron will also get Hess's Bakan assets in North Dakota. 44 00:02:31,000 --> 00:02:34,760 Speaker 1: Chevron CEO Mike Worth explains why those shale oil assets 45 00:02:34,800 --> 00:02:36,200 Speaker 1: are so important for us. 46 00:02:36,200 --> 00:02:39,480 Speaker 5: It's about adding another scaled position in shale that is 47 00:02:39,520 --> 00:02:43,240 Speaker 5: performing very well. We can bring whatever expertise we may have. 48 00:02:43,280 --> 00:02:47,320 Speaker 5: We're working on technologies to improve recovery and learn from 49 00:02:47,320 --> 00:02:49,639 Speaker 5: our new colleagues at Hesse. We're doing things in a basin. 50 00:02:50,120 --> 00:02:51,959 Speaker 5: When we went to the DJ we learned some things 51 00:02:51,960 --> 00:02:53,560 Speaker 5: that we hadn't been doing in the permium. It made 52 00:02:53,639 --> 00:02:55,680 Speaker 5: us better. I'm certain the same thing will happen here. 53 00:02:55,919 --> 00:02:58,200 Speaker 5: So it's absolutely an important part of the transaction. 54 00:02:58,360 --> 00:03:00,800 Speaker 1: That is Chevron CEO Mike Wor. By the way, this 55 00:03:00,840 --> 00:03:04,600 Speaker 1: announcement comes just two weeks after Exon Mobil agreed to 56 00:03:04,639 --> 00:03:08,480 Speaker 1: buy the shale oil producer Pioneer Natural Resources. The price 57 00:03:08,520 --> 00:03:12,000 Speaker 1: tag on that deal was fifty eight billion dollars. An 58 00:03:12,000 --> 00:03:14,960 Speaker 1: off duty pilot for Alaska Air Group has been charged 59 00:03:15,000 --> 00:03:18,440 Speaker 1: with eighty three counts of attempted murder. He was riding 60 00:03:18,480 --> 00:03:21,640 Speaker 1: as a passenger in the cockpit jump seat and allegedly 61 00:03:21,680 --> 00:03:25,120 Speaker 1: tried to shut off power to an aircraft's engine's mid flight. 62 00:03:25,639 --> 00:03:28,400 Speaker 1: This flight took off from the Seattle area on Sunday 63 00:03:28,480 --> 00:03:31,160 Speaker 1: bound for San Francisco. Here is part of the plane 64 00:03:31,200 --> 00:03:33,680 Speaker 1: cruise communication with air traffic control. 65 00:03:33,919 --> 00:03:37,640 Speaker 4: Oh, he's got the occupancy's handcuffed and he's an a 66 00:03:37,640 --> 00:03:42,280 Speaker 4: half back jump seat. When law enforcements arrives, and right 67 00:03:42,280 --> 00:03:44,280 Speaker 4: now he's the saying calm. 68 00:03:44,600 --> 00:03:48,000 Speaker 1: The aircraft was diverted to Portland, Oregon, where the suspect 69 00:03:48,120 --> 00:03:51,640 Speaker 1: was taken into custody. We're hearing Nvidia. He is quietly 70 00:03:51,720 --> 00:03:56,320 Speaker 1: working on central processing units for PCs using technology from 71 00:03:56,440 --> 00:04:01,160 Speaker 1: Arm Holdings. The CPUs would run Microsoft's Windows operating system 72 00:04:01,320 --> 00:04:03,800 Speaker 1: and go on sale as soon as twenty twenty five. 73 00:04:04,160 --> 00:04:05,480 Speaker 1: Here's Bloomberg C and King. 74 00:04:06,240 --> 00:04:08,320 Speaker 6: Yeah, I mean this is something that has been tried 75 00:04:08,360 --> 00:04:11,720 Speaker 6: by in Vidia anothers before. You remember about a decade 76 00:04:11,760 --> 00:04:15,880 Speaker 6: ago when in Vidia Qualcolm Text Instrumental had chips that 77 00:04:15,880 --> 00:04:20,760 Speaker 6: were going to run Microsoft based PCs and nothing really 78 00:04:20,800 --> 00:04:22,320 Speaker 6: came of that. We had a few models, but they 79 00:04:22,360 --> 00:04:25,120 Speaker 6: just didn't work that well, so Intel survived that one 80 00:04:25,160 --> 00:04:29,000 Speaker 6: and has gone on to continue to dominate that market. 81 00:04:29,640 --> 00:04:33,719 Speaker 6: But according to our reporting, there's a new challenge coming. 82 00:04:33,800 --> 00:04:36,039 Speaker 6: In Vidia, as we know, is a much bigger company now, 83 00:04:36,200 --> 00:04:39,880 Speaker 6: much more powerful company, and aimed it crucially, which has 84 00:04:39,920 --> 00:04:43,200 Speaker 6: done very well recently against Intel. They're also now looking 85 00:04:43,240 --> 00:04:46,240 Speaker 6: at getting this alternative technology into the market and that 86 00:04:46,360 --> 00:04:49,480 Speaker 6: really is potentially a much bigger challenge to Intel. 87 00:04:49,680 --> 00:04:52,880 Speaker 1: That is Bloomberg, Z and King. Incidentally, in Vidia shares 88 00:04:52,880 --> 00:04:55,800 Speaker 1: finished up three point eight percent in the US session. 89 00:04:56,480 --> 00:05:00,520 Speaker 1: The advertising agency WPP has fired the execus ecutive who 90 00:05:00,640 --> 00:05:03,800 Speaker 1: was detained in China on bribery charges. We have more 91 00:05:03,839 --> 00:05:05,760 Speaker 1: from Bloomberg's Joan Wong in Hong Kong. 92 00:05:06,000 --> 00:05:08,840 Speaker 7: The London based advertising firms that was an executive at 93 00:05:08,839 --> 00:05:12,760 Speaker 7: its media trading subsidiary Group M WE reported last week 94 00:05:12,880 --> 00:05:16,440 Speaker 7: that police in Shanghai had rated the WPP offices and 95 00:05:16,520 --> 00:05:20,880 Speaker 7: detained and Group M executive and two former employees. WPP 96 00:05:21,000 --> 00:05:24,520 Speaker 7: says it opened an internal investigation into the incident. The 97 00:05:24,600 --> 00:05:27,680 Speaker 7: firm also cut ties with an unnamed business party that's 98 00:05:27,720 --> 00:05:31,039 Speaker 7: also part of the police inquiries. Chinese authorities are again 99 00:05:31,120 --> 00:05:34,120 Speaker 7: shaking the confidence of foreign companies in the country with 100 00:05:34,200 --> 00:05:38,120 Speaker 7: a series of arrests across industries. It's also probing Apple's 101 00:05:38,160 --> 00:05:40,880 Speaker 7: manufacturing partner, Foxcom Technology Group. 102 00:05:40,960 --> 00:05:43,440 Speaker 1: That is Bloomberg's Joanne Wong in Hong Kong. And that 103 00:05:43,600 --> 00:05:46,440 Speaker 1: is news when you wanted with Bloomberg News. Now, I'm 104 00:05:46,480 --> 00:05:48,200 Speaker 1: Doug Chrisner, and this is Bloomberg