May 10, 2024 • 17 mins
On today's podcast:
1) Israel's Prime Minister Warns his Country Will Stand Alone in Rafah Invasion
2) US Set to Place Tariffs on China that Will Target Key Industries
3) Markets Look Ahead to a Critical CPI Reading Next Week
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2 (00:09):
Good morning, I'm Nathan Hager and I'm John Tucker. Here
are these stories we're following today.
Speaker 3 (00:14):
John, we begin with the latest on the Israel Hamas war.
Israeli Prime Minister Benjamin Netanyah, who says his country will
fight even without US help. He says it must continue
its offensive against Hamas in the southern Gaza city of Rafa. Ntayah,
who discussed a potential invasion in an interview on Doctor
Phil Primetime on Merritt Street Media.
Speaker 4 (00:34):
In the Holocaust, we stood alone, but we were defenseless,
and today, if Israel has to stand alone, we'll stand alone.
Speaker 3 (00:43):
Benjamin Netanyahu's comments follow President Biden's warning that he will
pause additional shipments of offensive weapons to Israel if it
launches an invasion. Netanyah, who says Israel will do its
utmost to make sure civilians leave Rafa, where more than
a million people are sheltering, before any attack.
Speaker 2 (01:00):
This morning, Nathan, we're learning the protesters at Harvard are
vowing to continue to encampment at Harvard Yard. Talks with
the school administration failed. The protesters demanding Harvard University disclosed
and divests from companies linked to Israel, or they'll stay
in their tents and continue and encampment in Harvard Yard.
That's according to an instagram pulls from the group Harvard
Out of Occupying Palestine. They posted that the interim president
(01:24):
Alan Garber rejected that proposal and exchange for taking down
their encampment. Garver this week Warm protesters they needed to
end their encampment or face consequences, including suspension.
Speaker 3 (01:34):
Was Israel continues to consider a Rafa invasion. John Whitehouse
National Security spokesman John Kirby says the Biden administration shares
Israel's goal of eradicating Hamas, but he says quote smashing
into Rafa would not advance Israel's aim. Kirby reiterated the
US as pausing but has not yet canceled a shipment
of about thirty five hundred bombs. Carmeil Arbitt with the
(01:56):
Atlantic Council tells Bloomberg, Israel thinks the administrations pauses having
serious diplomatic ramifications.
Speaker 5 (02:03):
Israel and its supporters have been very quick to point
out that not only is this emboldening Hamas in the
context of negotiations where Israel has tried to use RAFA
as a leveraging tool to push Hamas closer to israel
Ces fire position. But it also sends a message to
Hezbola and to Iran that there is a wedge between
(02:23):
the United States and Israel.
Speaker 3 (02:25):
Karmiel Arbid of the Atlantic Council adds, this is the
highest friction point between the two countries since President Biden
took office. You can hear more of her thoughts on
the Bloomberg Balance of Power podcast. You can find that
on Apple, Spotify or manywhere else you get your podcasts.
Speaker 2 (02:38):
And meanwhile at Washington, Bloomberg News has learned President Biden
is going to unveil tariffs against China as soon as
next Tuesday, marketing one of the administration's biggest moves against
Chinese trade. At Bloomberg, Stephen angel Is in Hong Kong.
He says the tariffs will target three key industries.
Speaker 6 (02:56):
These new tariffs would be very targeted at the three
key green industries that She Jinping has essentially earmarked as
priorities for investment, the new three as he called it
at the National People's Congress in March, and that is
electric vehicles, batteries.
Speaker 2 (03:11):
And solar Bloomber Steven Angels says Biden's plans are a
contrast to Donald Trump's pledge to levey his sixty percent
tax on all Chinese imports if he wins November's election.
Speaker 3 (03:22):
As for former President Trump, john his hush money trial
continues in Manhattan, and Stormy Daniels has wrapped up her
testimony recounting the affairs she says she had with the
former president. The adult film actress was grilled by one
of Trump's lawyers who aimed to portray her as an
extortionist and a liar. Brown University professor Wendy Schiller says
(03:44):
it's not clear how her testimony could shift the jury,
but she thinks the trial will affect the twenty twenty
four election.
Speaker 7 (03:50):
Trump has been brilliant in getting both fundraising from his
donors but also the RNC to pay a lot of
his bills, and that means they can't fund things like
organize and get out the vote, help their county chairs
and help Senate candidates in swing states, and those two
kinds of campaigns are going to be crucial to either
side's victory in November.
Speaker 3 (04:11):
Wendy Scheller, Brown University says Trump continues to critique the
charges against him. He's calling the judge in the hush
money trial a disgrace after he refused to throw out
the case for a second time.
Speaker 2 (04:22):
Attorning to Markets Now, stocks did rally on Earning's optimism.
We also had to inflation data applications for US unemployment
benefits coming in higher than expended yesterday. This comes ahead
of next week's key CPI reading. Sarah House, senior US
economists with Wells Fargo, says a hotter pread likely to
keep rates higher for longer.
Speaker 1 (04:43):
Looking very hard at court at the core, just given
that you have had three months in a row of
upside surprises, and we really need to see the core
begin to downshift if you are going to keep even
the potential of even a September cut.
Speaker 2 (04:55):
Sarah House with Wells Fargo telling Bloomberg she can't completely
rule out a pial rate hike this year, but believes
jpwell set the bar very high for any hikes in
his latest pressure.
Speaker 3 (05:06):
Well In Europe, John the UK has officially exited recession
after its strongest quarter of growth in nearly three years.
GDP expanded by six tenths of one percent in the
first quarter, beating all estimates. Elizabeth Martin's senior economist at HSBC,
says it's worth keeping the figure in perspective.
Speaker 8 (05:24):
My slight worry about it is that some of this
recovery was based on expectations towards the end of last year.
The interest rates were kind of come down quite sharply,
and the market has reprised away from that, and the risks,
I guess have kind of grown, So it becomes a
bit circular. The stronger the economy, the stronger employment and
wages and inflation, and the less able the Bank of
England is to deliver some of those.
Speaker 3 (05:46):
Cuts, and HSBC's Elizabeth martinads next year's GDP forecast for
the UK is still set to be the worst in
the G seven.
Speaker 2 (05:54):
And in tech, Apple's set to deliver some of its
upcoming artificial intelligence features this year via data centers equipped
with its own AI capabilities. This part of his sweeping
effort to infuse its devices with AI capabilities, but also
mark Sample's much anticipated push into generative artificial intelligence, the
technology behind chat, GPT and other popular tools. The companies
(06:17):
playing ketchup with big tech rivals in the area, but
he is pois to lay out an ambitious AI strategy
at its worldwide Developers conference that is sent for June tenth.
Speaker 3 (06:28):
As for staffing strategies in corporate America, John Pershing Square
founder Bill Ackman was reportedly criticized for his attacks on diversity,
equity and inclusion during a closed door panel discussion at
the Milken Conference in Los Angeles. Ackman had previously labeled
DEI as inherently racist and illegal. About forty people, including
(06:48):
some of Wall Street's most senior executives of color, confronted
him about these views. In a statement afterward, Acman said
he's written thousands of words about his quote nuanced views
on this important topic. He asked people to read them
to fully understand his perspective.
Speaker 9 (07:06):
Yeah.
Speaker 2 (07:06):
That brings us to five eight of Wall Street Time
down for a look at some of the other stories
making news in New York and around the world over
that which joined by Bloomberg's Michael Barr Michael, good morning.
Speaker 4 (07:16):
Good morning John. The man who attacked three New York
City police officers with a machete on New Year's Eve
in twenty twenty two, was sentenced yesterday. Prosecutors say Trevor
Bickford was sentenced to twenty seven years in prison for
ambushing the NYPD officers in the name of jihad and
Times Square. The officers who were attacked in the head
(07:38):
were seriously injured. Bickford pleaded guilty to attempted murder and
assault on January eleventh. For the attack. Authorities say he
traveled from his home in Maine to New York City to,
in his words, wage jihad and kill as many targets
as possible. Severe weather he hit for a fourth straight
overnight in much of the South. Storms ravage parts of
(08:01):
Middle Tennessee. A woman was killed and over one hundred
homes damaged in Moray County, south of Nashville. Governor Bill
lead tour the aftermath of an EF three tornado that
tour through Columbia. He says, homes, we're devastated.
Speaker 3 (08:15):
It's heartbreaking.
Speaker 10 (08:18):
He realized that you don't know what it feels like
to be that family, but you know that it must
be awful.
Speaker 4 (08:26):
Since Monday, there have been nearly one hundred reported or
confirmed tornadoes across eighteen states. The NYPD says one woman
is dead and another is in critical condition after they
were struck by a vehicle in Bushwick, Brooklyn. It happened
after five pm at the intersection of Eldert Street and
Knickerbocker Avenue. The two victims were said to be a
(08:47):
seventy one year old mother who died and her forty
four year old daughter. Police say the vehicle, a blue Mazda,
sped through the intersection with police behind it when the
driver crashed into a van and the victims. The driver
the vehicle with Massachusetts plates took off on foot and
it's still on the loose. The Biden administration wants hospitals
to meet minimum cyber security standards after a single hack
(09:11):
exposed the data of one hundred million Americans, and Newburger,
Deputy National Security Advisor for Cyber and Emerging Technology, we.
Speaker 3 (09:19):
Launched a platform where countries can share indicators, a compromise,
can actually collaborate to say, here's what we're seeing in
a hospital.
Speaker 9 (09:26):
Has anybody else seen this?
Speaker 3 (09:28):
And the goal in all.
Speaker 2 (09:29):
Of this is to make it riskier, costlier, and harder
for attackers.
Speaker 4 (09:34):
Newburger spoke at the Bloomberg Tech Summit in San Francisco yesterday.
The announcement follows Ascension as the latest healthcare system to
have a cyber security problem. Global news twenty four hours
a day and whenever you want it with the Bloomberg News. Now,
I'm Michael Barr, and this is Bloomberg.
Speaker 2 (09:51):
John, Michael, thank you, and that brings us to five
ten of time down for the Bloomberg Sports Update.
Speaker 9 (10:01):
Man for that.
Speaker 2 (10:02):
Good morning, John Stashower.
Speaker 9 (10:03):
Good morning, John Tucker.
Speaker 11 (10:04):
To win the Stanley Cup, you need to win sixteen
playoff games. The Rangers are almost halfway there and they've
yet to lose, now seven to zero, with the last
two wins both coming in overtime. Game three at Carolina,
the Hurricanes led, then the Rangers led, Kanes scored late
in regulation to tie. It was decided early in ot
Let's sidle up for a year, sends it in Brown.
The boards had gone Miss Tyrol long played the time.
Speaker 9 (10:30):
Yes, Yes.
Speaker 11 (10:33):
The Rangers with it in over time and lead the
series three games today w EPN.
Speaker 9 (10:41):
They won three too.
Speaker 11 (10:42):
By the way, it was our Timmy Peneren scoring the
game winning goal of brilliant tipping through his legs at
a minute forty three into sudden death. Earlier Ranger goals
by Chris Cryder shorthanded lexis left Frontier Rangers go for
the sweep tomorrow night.
Speaker 9 (10:55):
Good night to the team from Dallas. The Stars, who
blew a three.
Speaker 11 (10:57):
Goal lead in Game one nearly blew a four goal
lead in Game two with the hell Non beat Colorado
five to three. The MAVs won at Oklahoma City one
nineteen one to ten. That series also tied to one,
and so is the Cavs Celtics series. Cleveland lost the
opener by twenty five one last night in Boston by
twenty four, So it's acquiring og Onanobi and a Trey
of Toronto. The Knicks record with him in the lineup
(11:19):
is twenty six and five. He won't play tonight Game
three in Indiana, out with a strain hamstring.
Speaker 9 (11:24):
Not known if or when he'll return. Nicks look to
go up three to nothing in the series.
Speaker 11 (11:28):
The Phoenix Suns fired coach Frank Vogel after one season.
Widely reported the favorite to replace him as Mike Budenholzer.
He won a championship with Milwaukee the Stadium Astros at
two first hitting homers off Marcus Stroman beat the Yankees
four to three.
Speaker 9 (11:40):
Anthony Volpin Aaron Judge homer to.
Speaker 11 (11:42):
Defeat Quail Hollow Golf and Charlotte's Andrews Shopley shot seven
under leads by three at the LPGA Clift in New Jersey.
Nelly Corda looking to make history by winning six tournaments
in a row, which she's tied for eighteen six shots
off the pace.
Speaker 9 (11:55):
John Stashedward Bloomberg's Boots Johnaitham.
Speaker 4 (12:00):
Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business app.
Speaker 3 (12:08):
This is Bloomberg Daybreak.
Speaker 9 (12:11):
Good morning.
Speaker 3 (12:11):
I'm Nathan Hager. If we have to stand alone, we
will stand alone. That was the initial response from Israeli
Prime Minister Benjamin Netanyahu to President Biden's decision to withhold
some bomb shipments ahead of a possible attack on Rafa.
But the Israeli Prime Minister may be trying to smooth
things over a bit. In an interview with TV's Doctor
Film and for more. We're joined now by Bloomberg's Israel
(12:33):
Bureau chief Ethan Bronner in Tel Aviv. Ethan, good morning.
So in this interview, the Prime Minister said he's had
disagreements with President Biden before and they've overcome them before.
How could the is the US and Israel overcome this
current disagreement.
Speaker 10 (12:51):
Good morning, Nathan Well. I suppose the answer would be
to somehow split the difference. That is to say, if
the Americans are especially concerned about civilian casualties, if Israel
goes into Rafa. So in theory, if Israel were to
really move people out in some systematic fashion and then
have a more targeted set of attacks at the hamas
(13:15):
militants underground there and the number of people killed is low,
I mean, the number of civilians killed is low. In theory,
that might be some form of reconciliation, right. I mean,
I think that the biggest problem for Israel is that
it's got a two front ward both in Gaza and
then in the North, and if it doesn't have US
bombs and weapons, it's going to be in a little
(13:36):
bit of trouble. So the pressure has some meaning.
Speaker 3 (13:40):
Are we seeing any evidence at this point that Israel
could be headed that way when it comes to getting
civilians out of harm's way taking a more targeted approach.
Speaker 10 (13:50):
You know, they've been saying some version of this on
and off for many many weeks. I think we really
don't know. One of the difficulties right now is that
we are all so at some kind of a hinge
point in these negotiations mediated by the US at Katar
in Egypt with Hamas for an exchange and a ceasefire.
(14:11):
So if that comes about, and I'm not especially optimistic,
but if it comes about, then there will be some
weeks without fighting, and then you never know where that goes, right.
I mean, that's a little bit why hardliners in this
country don't want there to be too much of a ceasefire,
but the government says it's willing if they can get
(14:32):
hostages back, so I think there is some reason to
think that. And what I'm saying also is that as
Israel edges toward Rafa, part of it is to pressure
these negotiations.
Speaker 9 (14:43):
So it's kind of a.
Speaker 10 (14:44):
Double game in reality happening but also sending a message.
It's difficult to really know what the ultimate attack in
Rafack is going to be. I want to add one
other thing, which is that there are reports that they've
been talking about and waiting so long that the so
called for battalions underground in Rafa may now be down
to two or three with Hummas fighters having moved back
(15:07):
to the center of the Gaza strip to Han Yunis
and Deir Balach. You know, I don't know that, but
it is an interesting problem if true.
Speaker 3 (15:15):
Wellly about thirty seconds left Ethan. We've heard a lot
about what hardliners are looking for when it comes to
an invasion of Rafa. What are these rarely people looking
for right now?
Speaker 10 (15:25):
I would say that the Israeli people, by a slight majority,
would rather see a hostage deal, and they do generally
think it's important to destroy Hamas, but they're really eager
to get back the one hundred plus people, many of
them dead, about half probably dead, half living, half dead,
that are still in the hands of Hamas. That is
(15:47):
their top priority right now.
Speaker 12 (15:50):
This is Bloomberg Daybreak Today, your morning brief on the
stories making news from Wall Street to Washington and beyond.
Speaker 2 (15:56):
Look for us on your podcast feed by six am
Eastern each morning, on Apples, Spotify, and anywhere else you
get your podcasts.
Speaker 12 (16:04):
You can also listen live each morning starting at five
am Wall Street time on Bloomberg eleven three to zero
in New York, Bloomberg ninety nine one in Washington, Bloomberg
one oh sixty one in Boston and Bloomberg nine sixty
in San Francisco.
Speaker 2 (16:17):
Our flagship New York station is also available on your
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Speaker 12 (16:25):
Listen coast to coast on the Bloomberg Business app, Sirius
xmb iHeartRadio app, and on Bloomberg dot Com.
Speaker 3 (16:31):
I'm Nathan Hager and.
Speaker 2 (16:33):
I'm John Tucker. Join us again tomorrow morning for all
the news you need to start your day right here
on Bloomberg day Break
Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2 (00:09):
Good morning, I'm Nathan Hager and I'm John Tucker. Here
are these stories we're following today.
Speaker 3 (00:14):
John, we begin with the latest on the Israel Hamas war.
Israeli Prime Minister Benjamin Netanyah, who says his country will
fight even without US help. He says it must continue
its offensive against Hamas in the southern Gaza city of Rafa. Ntayah,
who discussed a potential invasion in an interview on Doctor
Phil Primetime on Merritt Street Media.
Speaker 4 (00:34):
In the Holocaust, we stood alone, but we were defenseless,
and today, if Israel has to stand alone, we'll stand alone.
Speaker 3 (00:43):
Benjamin Netanyahu's comments follow President Biden's warning that he will
pause additional shipments of offensive weapons to Israel if it
launches an invasion. Netanyah, who says Israel will do its
utmost to make sure civilians leave Rafa, where more than
a million people are sheltering, before any attack.
Speaker 2 (01:00):
This morning, Nathan, we're learning the protesters at Harvard are
vowing to continue to encampment at Harvard Yard. Talks with
the school administration failed. The protesters demanding Harvard University disclosed
and divests from companies linked to Israel, or they'll stay
in their tents and continue and encampment in Harvard Yard.
That's according to an instagram pulls from the group Harvard
Out of Occupying Palestine. They posted that the interim president
(01:24):
Alan Garber rejected that proposal and exchange for taking down
their encampment. Garver this week Warm protesters they needed to
end their encampment or face consequences, including suspension.
Speaker 3 (01:34):
Was Israel continues to consider a Rafa invasion. John Whitehouse
National Security spokesman John Kirby says the Biden administration shares
Israel's goal of eradicating Hamas, but he says quote smashing
into Rafa would not advance Israel's aim. Kirby reiterated the
US as pausing but has not yet canceled a shipment
of about thirty five hundred bombs. Carmeil Arbitt with the
(01:56):
Atlantic Council tells Bloomberg, Israel thinks the administrations pauses having
serious diplomatic ramifications.
Speaker 5 (02:03):
Israel and its supporters have been very quick to point
out that not only is this emboldening Hamas in the
context of negotiations where Israel has tried to use RAFA
as a leveraging tool to push Hamas closer to israel
Ces fire position. But it also sends a message to
Hezbola and to Iran that there is a wedge between
(02:23):
the United States and Israel.
Speaker 3 (02:25):
Karmiel Arbid of the Atlantic Council adds, this is the
highest friction point between the two countries since President Biden
took office. You can hear more of her thoughts on
the Bloomberg Balance of Power podcast. You can find that
on Apple, Spotify or manywhere else you get your podcasts.
Speaker 2 (02:38):
And meanwhile at Washington, Bloomberg News has learned President Biden
is going to unveil tariffs against China as soon as
next Tuesday, marketing one of the administration's biggest moves against
Chinese trade. At Bloomberg, Stephen angel Is in Hong Kong.
He says the tariffs will target three key industries.
Speaker 6 (02:56):
These new tariffs would be very targeted at the three
key green industries that She Jinping has essentially earmarked as
priorities for investment, the new three as he called it
at the National People's Congress in March, and that is
electric vehicles, batteries.
Speaker 2 (03:11):
And solar Bloomber Steven Angels says Biden's plans are a
contrast to Donald Trump's pledge to levey his sixty percent
tax on all Chinese imports if he wins November's election.
Speaker 3 (03:22):
As for former President Trump, john his hush money trial
continues in Manhattan, and Stormy Daniels has wrapped up her
testimony recounting the affairs she says she had with the
former president. The adult film actress was grilled by one
of Trump's lawyers who aimed to portray her as an
extortionist and a liar. Brown University professor Wendy Schiller says
(03:44):
it's not clear how her testimony could shift the jury,
but she thinks the trial will affect the twenty twenty
four election.
Speaker 7 (03:50):
Trump has been brilliant in getting both fundraising from his
donors but also the RNC to pay a lot of
his bills, and that means they can't fund things like
organize and get out the vote, help their county chairs
and help Senate candidates in swing states, and those two
kinds of campaigns are going to be crucial to either
side's victory in November.
Speaker 3 (04:11):
Wendy Scheller, Brown University says Trump continues to critique the
charges against him. He's calling the judge in the hush
money trial a disgrace after he refused to throw out
the case for a second time.
Speaker 2 (04:22):
Attorning to Markets Now, stocks did rally on Earning's optimism.
We also had to inflation data applications for US unemployment
benefits coming in higher than expended yesterday. This comes ahead
of next week's key CPI reading. Sarah House, senior US
economists with Wells Fargo, says a hotter pread likely to
keep rates higher for longer.
Speaker 1 (04:43):
Looking very hard at court at the core, just given
that you have had three months in a row of
upside surprises, and we really need to see the core
begin to downshift if you are going to keep even
the potential of even a September cut.
Speaker 2 (04:55):
Sarah House with Wells Fargo telling Bloomberg she can't completely
rule out a pial rate hike this year, but believes
jpwell set the bar very high for any hikes in
his latest pressure.
Speaker 3 (05:06):
Well In Europe, John the UK has officially exited recession
after its strongest quarter of growth in nearly three years.
GDP expanded by six tenths of one percent in the
first quarter, beating all estimates. Elizabeth Martin's senior economist at HSBC,
says it's worth keeping the figure in perspective.
Speaker 8 (05:24):
My slight worry about it is that some of this
recovery was based on expectations towards the end of last year.
The interest rates were kind of come down quite sharply,
and the market has reprised away from that, and the risks,
I guess have kind of grown, So it becomes a
bit circular. The stronger the economy, the stronger employment and
wages and inflation, and the less able the Bank of
England is to deliver some of those.
Speaker 3 (05:46):
Cuts, and HSBC's Elizabeth martinads next year's GDP forecast for
the UK is still set to be the worst in
the G seven.
Speaker 2 (05:54):
And in tech, Apple's set to deliver some of its
upcoming artificial intelligence features this year via data centers equipped
with its own AI capabilities. This part of his sweeping
effort to infuse its devices with AI capabilities, but also
mark Sample's much anticipated push into generative artificial intelligence, the
technology behind chat, GPT and other popular tools. The companies
(06:17):
playing ketchup with big tech rivals in the area, but
he is pois to lay out an ambitious AI strategy
at its worldwide Developers conference that is sent for June tenth.
Speaker 3 (06:28):
As for staffing strategies in corporate America, John Pershing Square
founder Bill Ackman was reportedly criticized for his attacks on diversity,
equity and inclusion during a closed door panel discussion at
the Milken Conference in Los Angeles. Ackman had previously labeled
DEI as inherently racist and illegal. About forty people, including
(06:48):
some of Wall Street's most senior executives of color, confronted
him about these views. In a statement afterward, Acman said
he's written thousands of words about his quote nuanced views
on this important topic. He asked people to read them
to fully understand his perspective.
Speaker 9 (07:06):
Yeah.
Speaker 2 (07:06):
That brings us to five eight of Wall Street Time
down for a look at some of the other stories
making news in New York and around the world over
that which joined by Bloomberg's Michael Barr Michael, good morning.
Speaker 4 (07:16):
Good morning John. The man who attacked three New York
City police officers with a machete on New Year's Eve
in twenty twenty two, was sentenced yesterday. Prosecutors say Trevor
Bickford was sentenced to twenty seven years in prison for
ambushing the NYPD officers in the name of jihad and
Times Square. The officers who were attacked in the head
(07:38):
were seriously injured. Bickford pleaded guilty to attempted murder and
assault on January eleventh. For the attack. Authorities say he
traveled from his home in Maine to New York City to,
in his words, wage jihad and kill as many targets
as possible. Severe weather he hit for a fourth straight
overnight in much of the South. Storms ravage parts of
(08:01):
Middle Tennessee. A woman was killed and over one hundred
homes damaged in Moray County, south of Nashville. Governor Bill
lead tour the aftermath of an EF three tornado that
tour through Columbia. He says, homes, we're devastated.
Speaker 3 (08:15):
It's heartbreaking.
Speaker 10 (08:18):
He realized that you don't know what it feels like
to be that family, but you know that it must
be awful.
Speaker 4 (08:26):
Since Monday, there have been nearly one hundred reported or
confirmed tornadoes across eighteen states. The NYPD says one woman
is dead and another is in critical condition after they
were struck by a vehicle in Bushwick, Brooklyn. It happened
after five pm at the intersection of Eldert Street and
Knickerbocker Avenue. The two victims were said to be a
(08:47):
seventy one year old mother who died and her forty
four year old daughter. Police say the vehicle, a blue Mazda,
sped through the intersection with police behind it when the
driver crashed into a van and the victims. The driver
the vehicle with Massachusetts plates took off on foot and
it's still on the loose. The Biden administration wants hospitals
to meet minimum cyber security standards after a single hack
(09:11):
exposed the data of one hundred million Americans, and Newburger,
Deputy National Security Advisor for Cyber and Emerging Technology, we.
Speaker 3 (09:19):
Launched a platform where countries can share indicators, a compromise,
can actually collaborate to say, here's what we're seeing in
a hospital.
Speaker 9 (09:26):
Has anybody else seen this?
Speaker 3 (09:28):
And the goal in all.
Speaker 2 (09:29):
Of this is to make it riskier, costlier, and harder
for attackers.
Speaker 4 (09:34):
Newburger spoke at the Bloomberg Tech Summit in San Francisco yesterday.
The announcement follows Ascension as the latest healthcare system to
have a cyber security problem. Global news twenty four hours
a day and whenever you want it with the Bloomberg News. Now,
I'm Michael Barr, and this is Bloomberg.
Speaker 2 (09:51):
John, Michael, thank you, and that brings us to five
ten of time down for the Bloomberg Sports Update.
Speaker 9 (10:01):
Man for that.
Speaker 2 (10:02):
Good morning, John Stashower.
Speaker 9 (10:03):
Good morning, John Tucker.
Speaker 11 (10:04):
To win the Stanley Cup, you need to win sixteen
playoff games. The Rangers are almost halfway there and they've
yet to lose, now seven to zero, with the last
two wins both coming in overtime. Game three at Carolina,
the Hurricanes led, then the Rangers led, Kanes scored late
in regulation to tie. It was decided early in ot
Let's sidle up for a year, sends it in Brown.
The boards had gone Miss Tyrol long played the time.
Speaker 9 (10:30):
Yes, Yes.
Speaker 11 (10:33):
The Rangers with it in over time and lead the
series three games today w EPN.
Speaker 9 (10:41):
They won three too.
Speaker 11 (10:42):
By the way, it was our Timmy Peneren scoring the
game winning goal of brilliant tipping through his legs at
a minute forty three into sudden death. Earlier Ranger goals
by Chris Cryder shorthanded lexis left Frontier Rangers go for
the sweep tomorrow night.
Speaker 9 (10:55):
Good night to the team from Dallas. The Stars, who
blew a three.
Speaker 11 (10:57):
Goal lead in Game one nearly blew a four goal
lead in Game two with the hell Non beat Colorado
five to three. The MAVs won at Oklahoma City one
nineteen one to ten. That series also tied to one,
and so is the Cavs Celtics series. Cleveland lost the
opener by twenty five one last night in Boston by
twenty four, So it's acquiring og Onanobi and a Trey
of Toronto. The Knicks record with him in the lineup
(11:19):
is twenty six and five. He won't play tonight Game
three in Indiana, out with a strain hamstring.
Speaker 9 (11:24):
Not known if or when he'll return. Nicks look to
go up three to nothing in the series.
Speaker 11 (11:28):
The Phoenix Suns fired coach Frank Vogel after one season.
Widely reported the favorite to replace him as Mike Budenholzer.
He won a championship with Milwaukee the Stadium Astros at
two first hitting homers off Marcus Stroman beat the Yankees
four to three.
Speaker 9 (11:40):
Anthony Volpin Aaron Judge homer to.
Speaker 11 (11:42):
Defeat Quail Hollow Golf and Charlotte's Andrews Shopley shot seven
under leads by three at the LPGA Clift in New Jersey.
Nelly Corda looking to make history by winning six tournaments
in a row, which she's tied for eighteen six shots
off the pace.
Speaker 9 (11:55):
John Stashedward Bloomberg's Boots Johnaitham.
Speaker 4 (12:00):
Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business app.
Speaker 3 (12:08):
This is Bloomberg Daybreak.
Speaker 9 (12:11):
Good morning.
Speaker 3 (12:11):
I'm Nathan Hager. If we have to stand alone, we
will stand alone. That was the initial response from Israeli
Prime Minister Benjamin Netanyahu to President Biden's decision to withhold
some bomb shipments ahead of a possible attack on Rafa.
But the Israeli Prime Minister may be trying to smooth
things over a bit. In an interview with TV's Doctor
Film and for more. We're joined now by Bloomberg's Israel
(12:33):
Bureau chief Ethan Bronner in Tel Aviv. Ethan, good morning.
So in this interview, the Prime Minister said he's had
disagreements with President Biden before and they've overcome them before.
How could the is the US and Israel overcome this
current disagreement.
Speaker 10 (12:51):
Good morning, Nathan Well. I suppose the answer would be
to somehow split the difference. That is to say, if
the Americans are especially concerned about civilian casualties, if Israel
goes into Rafa. So in theory, if Israel were to
really move people out in some systematic fashion and then
have a more targeted set of attacks at the hamas
(13:15):
militants underground there and the number of people killed is low,
I mean, the number of civilians killed is low. In theory,
that might be some form of reconciliation, right. I mean,
I think that the biggest problem for Israel is that
it's got a two front ward both in Gaza and
then in the North, and if it doesn't have US
bombs and weapons, it's going to be in a little
(13:36):
bit of trouble. So the pressure has some meaning.
Speaker 3 (13:40):
Are we seeing any evidence at this point that Israel
could be headed that way when it comes to getting
civilians out of harm's way taking a more targeted approach.
Speaker 10 (13:50):
You know, they've been saying some version of this on
and off for many many weeks. I think we really
don't know. One of the difficulties right now is that
we are all so at some kind of a hinge
point in these negotiations mediated by the US at Katar
in Egypt with Hamas for an exchange and a ceasefire.
(14:11):
So if that comes about, and I'm not especially optimistic,
but if it comes about, then there will be some
weeks without fighting, and then you never know where that goes, right.
I mean, that's a little bit why hardliners in this
country don't want there to be too much of a ceasefire,
but the government says it's willing if they can get
(14:32):
hostages back, so I think there is some reason to
think that. And what I'm saying also is that as
Israel edges toward Rafa, part of it is to pressure
these negotiations.
Speaker 9 (14:43):
So it's kind of a.
Speaker 10 (14:44):
Double game in reality happening but also sending a message.
It's difficult to really know what the ultimate attack in
Rafack is going to be. I want to add one
other thing, which is that there are reports that they've
been talking about and waiting so long that the so
called for battalions underground in Rafa may now be down
to two or three with Hummas fighters having moved back
(15:07):
to the center of the Gaza strip to Han Yunis
and Deir Balach. You know, I don't know that, but
it is an interesting problem if true.
Speaker 3 (15:15):
Wellly about thirty seconds left Ethan. We've heard a lot
about what hardliners are looking for when it comes to
an invasion of Rafa. What are these rarely people looking
for right now?
Speaker 10 (15:25):
I would say that the Israeli people, by a slight majority,
would rather see a hostage deal, and they do generally
think it's important to destroy Hamas, but they're really eager
to get back the one hundred plus people, many of
them dead, about half probably dead, half living, half dead,
that are still in the hands of Hamas. That is
(15:47):
their top priority right now.
Speaker 12 (15:50):
This is Bloomberg Daybreak Today, your morning brief on the
stories making news from Wall Street to Washington and beyond.
Speaker 2 (15:56):
Look for us on your podcast feed by six am
Eastern each morning, on Apples, Spotify, and anywhere else you
get your podcasts.
Speaker 12 (16:04):
You can also listen live each morning starting at five
am Wall Street time on Bloomberg eleven three to zero
in New York, Bloomberg ninety nine one in Washington, Bloomberg
one oh sixty one in Boston and Bloomberg nine sixty
in San Francisco.
Speaker 2 (16:17):
Our flagship New York station is also available on your
Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus.
Speaker 12 (16:25):
Listen coast to coast on the Bloomberg Business app, Sirius
xmb iHeartRadio app, and on Bloomberg dot Com.
Speaker 3 (16:31):
I'm Nathan Hager and.
Speaker 2 (16:33):
I'm John Tucker. Join us again tomorrow morning for all
the news you need to start your day right here
on Bloomberg day Break
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