September 24, 2025: Dallas ICE Shooting Latest, Agencies to Prep for Job Cuts, More

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Episode Transcript

Speaker 1 (00:01):
News when you wanted with Bloomberg News and now I'm
Doug Chrisner. We begin in Texas, where a shooter opened
fire today on a US Immigration and Customs enforcement facility
in Dallas. One detainee was killed, two others were critically injured.
Now no one from law enforcement was hurt. Federal officials
described the shooting as a targeted attack. Here is Vice

(00:21):
President jd vance Well.

Speaker 2 (00:23):
I would like everybody, whether a Democrat, a Republican, or
an independent, especially those in political leadership. Can we all
just agree that our police officers are heroes, that they
are public servants. And at the first and most important
step of keeping all of us safe.

Speaker 1 (00:40):
That was Vice President jd vance There. Now, according to
senior law enforcement officials, the suspect has been identified as
Joshua John. He was found dead with a self inflicted
gunshot wound. This investigation is ongoing. The White House Budget
Office is instructing federal agencies to prepare reduction in forms
plans for mass firings during a possible government shutdown. We

(01:04):
are told a memo indicates the potential firings would specifically
target employees who work for programs that are not legally
required to continue. We moved to Business News next. Intel
is said to have asked Apple to make an investment
in the chip maker. We are told as part of
Intel's effort to bolster its business now that it's partially

(01:24):
owned by the US government. Here, as Bloomberg's Ryan Gould.

Speaker 3 (01:28):
Apple doesn't need Intel, it's the other way around, and
so this is definitely an Intel story. But I think,
you know, to underline all of this, this is about
Intel being proactive, and you know, when you've got the
US government as one of your largest shareholders, I think
that's definitely a message that you would want to convey
to people watching on the outside, that now is the
time to get serious about our future.

Speaker 1 (01:48):
Bloomberg's Ryan Gould there, Apple was a longtime Intel customer,
but the iPhone maker switched to its own processors in
the past five years, and analysts say it's unlikely Apple
would switch back.

Speaker 4 (02:00):
Now.

Speaker 1 (02:00):
Today's shares and Intel we're up six point four percent
for their part, Apple shares down eight ten to one percent.
Oracle sold eighteen billion dollars worth of US investment grade
bonds today. It's the corporate bond market's second largest deal
this year. Now the debt issuance comes as Oracle begins
to fulfill massive cloud infrastructure deals with customers like open

(02:21):
Ai and meta platforms. Here's Bloomberg's Ed Ludlow.

Speaker 5 (02:25):
Oracle historically is a cash cow, just generated cash, but
that's really changed. You know, they've turned cash flow negative
this year for the first time since ninety ninety two,
and they are very committed to all these projects. So
they've got to find the cash from someone.

Speaker 1 (02:39):
Bloomberg's Ed Ludlow.

Speaker 6 (02:40):
There.

Speaker 1 (02:41):
San Francisco Fedbank President Mary Daly says further cuts and
interest rates are likely needed. However, she said the Fed
should approach those with caution. More from Bloomberg's Charlie Pellett.

Speaker 6 (02:52):
Daily's remarks came at an event at the University of Utah.

Speaker 1 (02:56):
Now, my own view is that further policy adjustments are
like will they come right now this year?

Speaker 4 (03:04):
Are going forward?

Speaker 5 (03:05):
It's hard to say.

Speaker 6 (03:06):
Daily ads that inflation has accelerated less than she and
her colleagues expected, and that price pressures have been mainly
confined to parts of the economy directly impacted by tariffs.
In New York.

Speaker 1 (03:19):
Charlie Pellett Bloomberg Radio, the US is intending to provide
a twenty billion dollar swap line to Argentina Central Bank,
and at the same time, the US is ready to
stand by and purchase Argentinian foreign bonds. US Treasury Secretary
Scott Besson said these moves would give Argentinian President Javi R.

(03:39):
Malay a bridge until key midterm elections next month.

Speaker 4 (03:44):
I don't think the market has lost confidence in him.
I think the market is looking in the rearview mirror
and is looking at decades in not a century, a
terrible Argentinian mismanagement, and people were concerned, people were skittish.
It's very hard to believe that it is different this time,
but I believe will President Malay it is.

Speaker 1 (04:05):
It is that is Treasury Secretary Scott Bessen speaking to
Fox Business. The Justice Department is reportedly working to obtain
criminal charges against former FBI director James Comy. The Wall
Street Journal reports prosecutors are seeking an indictment from a
federal grand jury in Virginia as soon as Thursday. Now.
This case involves allegations of Komy lying during twenty twenty

(04:28):
congressional testimony about the FBI's earlier investigation of President Trump's
connections to Russian interference in the twenty sixteen election. And
that is news when you want it. With Bloomberg News Now,
I'm Doug Chrisner, and this is Bloomberg