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Speaker 1 (00:01):
News when you want it with Bloomberg News Now, I
met Klegi. President Trump has ordered military troops to be
deployed to Portland, Oregon, and said he is authorizing the
use of full force if necessary to find crime. Here's
Bloomberg's Windy Benjaminson.
Speaker 2 (00:17):
This is due to ongoing protests, some of which have
turned violent at an ice facility in Portland. These are
the anti immigration policy protests going.
Speaker 1 (00:28):
On here Bloomberg's Windy Benjaminson. Ukrainian President Vladimir Zelenski says
his nation is ready to secure additional deals with the
US on arms deliveries, including long range weapons, in addition
to an existing ninety billion dollar agreement. Zelenski said he
was not able to share more details as he spoke
with reporters in Kiev on Saturday. Ukraine currently relies on
(00:50):
its own long range air capabilities, chiefly drones, to reach
military and energy targets off and deep inside Russian territory.
As will cancel. Columbian President Gustavo Petros Visa, saying the
Andrean leader incited violence and called for American soldiers to
defy orders. The US Department of States said in a
(01:10):
post on X, we will revoke Petro's visa due to
his reckless and incendiary actions. Petro appeared in New York
City streets in protests against the Palestine conflict, calling on
US soldiers to disobey President Trump. This according to footage
released by the Colombian Presidential office. The leftist leader was
defiant on Saturday upon his return to Bogatah, accusing the
(01:33):
US of breaking the rules of diplomatic community and suggesting
the United Nations should move its headquarters out of New York.
A new House bill would restore tax incentives for renewable
energy projects and expand a low income energy assistance program.
Bloomberg's Amy Morris reports from Washington.
Speaker 3 (01:52):
The blueprint aims to stem rising energy costs for Americans
by doubling down on wind and solar energy, building out
transmits lines to bolster the grid, and curtailing the Trump
administration's ability to favor fossil fuel projects over renewables. It
expands the Low Income Home Energy Assistance Program to provide
year round access to reliable heating and cooling for disadvantaged households.
(02:16):
Democratic leaders are eyeing increased energy costs for consumers as
a potent election year issue to use against Republicans in Washington,
Amy Moore as Bloomberg Radio.
Speaker 1 (02:26):
Chinese industrial profits surged after months of decline, signaling that
national campaigns to tackle over capacity and excessive competition are
bearing fruit. Industrial profits at August climb twenty point four
percent from a year earlier, the first increase in four months.
This according to data released Saturday by the National Bureau
of Statistics. For the first eight months of the year,
(02:47):
they climbed point nine percent, beating a Bloomberg Economics forecast
for a one point six percent drop. A government shutdown
could have ripple effects beyond Washington. Bloomberg's Nathan Hager has
more than one potential impact.
Speaker 4 (03:01):
The US Travel Association says a shutdown could cost the
travel industry a billion dollars a week. The industry group
sent a letter to congressional leaders from both parties warning
that a lapse in federal funds would make staffing shortages
worse at TSA and air traffic control, leading to longer lines,
flight delays, and cancelations. The group cited in IPSO survey
that found six and ten Americans would cancel air troops
(03:23):
in a shutdown. The group says that could threaten economic
growth in every state. Nathan Hager, Bloomberg Radio.
Speaker 1 (03:30):
The market for used electric vehicles has never been hotter.
More on this from Bloomberg's Denise Pellegrini.
Speaker 5 (03:36):
Sales have used evs in the first half of this
year jumped thirty four percent from a year ago. According
to Cox's Automotive That says, prices plunged to the point
where used evs are on average now almost as cheap
as used gas powered vehicles, thanks to cheaper new models
and a flood of use product as Lisa's on Ford
F one fifty Lightnings on Toyota BZ four x's Expire
(03:59):
and Get This Car. Edge says in some cases, like
with Toyota's rev for, the electric version can sell for
almost seven thousand dollars less than the gas burning model.
Denise Pelagreny, Bloomberg Radio.
Speaker 1 (04:10):
Customers of Herod's, the luxury London department store, had their
personal data stolen, the latest and a string of cyber
attacks and IT breach use affecting major UK businesses this year.
Data including names and contact details for some Herod's customers
were taken from the systems of a third party provider.
This from a spokesperson for the store, who said this
(04:31):
in an emailed statement. The retailer declined to identify the provider,
saying it was an ongoing criminal investigation at the wryter
Cup after Saturday's action. Your bleeds the US eleven and
a half, two four and a half. That's news when
you want it with Bloomberg News. Now I'm at Kleggi.
Speaker 4 (04:50):
This is Bloomberg