Oregon School Shooting Latest, DOJ Sues CA Over Voter Rolls, More
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Speaker 1: News when you want it with Bloomberg News Now, I'm
Speaker 1: Matt Piper. Three children and a teacher are dead following
Speaker 1: a shooting at an elementary school in Bend, Oregon. It
Speaker 1: happened at 1 p.m. local time at the Silver Rail
Speaker 1: Elementary School. Bend Police Chief Mike Krantz.
Speaker 2: Our officers entered the building and confirmed the suspect was dead.
Speaker 2: They cleared the school to ensure there were no additional
Speaker 2: threats and then rendered emergency aid to the victims. Officers
Speaker 2: at the scene located five people who had succumbed to
Speaker 2: their injuries. including the suspect. The deceased at the scene
Speaker 2: include three children, ages 5, 8, and 11, and one teacher.
Speaker 1: A seven-year-old child and a teacher in their 50s were
Speaker 1: also shot and are in critical condition at a local hospital.
Speaker 1: The shooter is also dead, shot police say by a
Speaker 1: community member who ran into the school when they realized
Speaker 1: what was happening. The chief says the shooter was able
Speaker 1: to get into that school by shooting at locked doors.
Speaker 1: The Trump administration is suing California for allegedly failing to
Speaker 1: remove suspected non-citizens from the state's voter rolls. The lawsuit
Speaker 1: seeks to keep the state from counting such ballots until
Speaker 1: the citizenship status of more than 20,000 people can be verified.
Speaker 1: It's the latest escalation of the Trump administration's clash with
Speaker 1: Democratic-led states in the run-up to the midterms. Speaking of midterms,
Speaker 1: record amounts of money has poured into the Senate contest
Speaker 1: in Texas. Don Levy is director of polling at Siena University.
Speaker 3: Democrats are excited beyond belief they might actually pull out Texas.
Speaker 3: In poll after poll, Tallarico has maintained a small lead.
Speaker 3: We're looking at a battle right now that is ultimately
Speaker 3: going to be turnout. We're fighting in Texas over the
Speaker 3: independent voters, and we're, of course, fighting over the Hispanic
Speaker 3: voters that now have moved back in the Democratic column
Speaker 3: to some extent.
Speaker 1: Don Levy of Siena University on Balance of Power says,
Speaker 1: Half a billion dollars has been spent on the race
Speaker 1: between Republican Ken Paxton and Democrat James Tallarico. The Postal
Speaker 1: Service and the FBI are investigating a series of suspicious
Speaker 1: mailings to state election officials across the country. Bloomberg's Amy
Speaker 1: Morris reports from Washington.
Speaker 4: The packages were sent to Secretary of State offices and
Speaker 4: election locations across the country in recent days, investigators working
Speaker 4: to identify who could be mailing them and if they're connected.
Speaker 4: Congressional staff have also been notified that there are suspicious
Speaker 4: letters targeting their offices. The probes by postal authorities and
Speaker 4: the FBI are proceeding as USPS prepares to process and
Speaker 4: deliver what could amount to more than 100 million mailed
Speaker 4: ballots during this year's midterm elections. In Washington, Amy Morris,
Speaker 4: Bloomberg Radio.
Speaker 1: Stocks staged a comeback after losses driven by concerns about
Speaker 1: the sustainability of the artificial intelligence trade that's powered the
Speaker 1: bull market. A sell-off in chipmakers erased as NVIDIA CEO
Speaker 1: Jensen Huang defended the financial health of AI computing provider CoreWeave.
Speaker 1: That came after a measure of credit risk at the
Speaker 1: data center operator hit a record high, fueling fresh jitters
Speaker 1: about the AI sector. Dana D'Aria is chief investment officer
Speaker 1: at InvestNet.
Speaker 5: At the end of the day, all of this is
Speaker 5: pointed at the success of one relatively new technology, which
Speaker 5: has a long way to go before we figure out
Speaker 5: how it's going to pan out in the economy. And
Speaker 5: so when you have a little bit of, you know,
Speaker 5: kind of... little bit of concern, OK, you know, is
Speaker 5: somebody a little over leveraged or what have you, then
Speaker 5: it makes sense that the market kind of reacts pretty
Speaker 5: violently because there's so much investment around this.
Speaker 1: Dana Diaria from Investnet speaking to Bloomberg. A senior U.S.
Speaker 1: official says President Trump did not order any restrictions on
Speaker 1: Ukraine's access to SpaceX's Starshield satellite technology. The statement comes
Speaker 1: after Ukrainian President Volodymyr Zelensky accused Trump and SpaceX CEO
Speaker 1: Elon Musk of restricting Kyiv's access. Zelensky said the restrictions
Speaker 1: led to civilian deaths because Ukrainian interceptors using the technology
Speaker 1: could no longer knock down Russian drones as effectively. Meantime,
Speaker 1: Russian authorities say a major oil refinery caught fire in
Speaker 1: an overnight drone strike. Sources in Kyiv say Ukrainian forces
Speaker 1: hit the refinery in retaliation for Russian ballistic missile and
Speaker 1: drone attacks the day before. The strike came after Zelensky
Speaker 1: said he ended a three-day pause on attacks. The European
Speaker 1: Union is preparing a trade deterrence tool that could completely
Speaker 1: shut off access to the bloc's single market. It's part
Speaker 1: of a push to cut the trade deficit with China.
Speaker 1: Here's Bloomberg's Min Min Low.
Speaker 6: We are already hearing from sources that the EU is
Speaker 6: looking at coming up with new measures, including a sort
Speaker 6: of kill switch that will allow them to quickly eject
Speaker 6: firms and countries that are attacking the EU economy. And
Speaker 6: of course, this is primarily targeted at China with the
Speaker 6: trade deficit. deficit ballooning with China. We just got those
Speaker 6: trade data out this week for September and EU's deficit
Speaker 6: with China has hit a record $ 35 billion in September.
Speaker 6: China's exports grew by 36% on year in September. And
Speaker 6: so this has been an ongoing issue.
Speaker 1: That's Bloomberg's Min Min Lo. President Trump says the Pentagon
Speaker 1: will not live stream the firing squad execution of the
Speaker 1: Fort Hood shooter. After bipartisan backlash, Trump posted on social
Speaker 1: media that the execution will proceed, but it will not
Speaker 1: be broadcast.
Speaker 7: The U.S.
Speaker 1: Stopped public executions decades ago. Critics argued that live-streaming the
Speaker 1: killing of Nidal Hassan would look barbaric and amount to
Speaker 1: a propaganda win for extremist groups. Hassan killed 13 people
Speaker 1: and wounded more than 30 when he opened fire at
Speaker 1: Fort Hood, Texas in 2009. His execution is set for
Speaker 1: December 3rd. Harvard University's endowment jumped to a record $ 68
Speaker 1: billion as successful bets on equities and venture capital helped
Speaker 1: the university weather pressure from President Trump. The fund returned
Speaker 1: 27 percent and donations rose to $ 1. 5 billion, with the
Speaker 1: endowment adding a total of $ 11 billion during the period,
Speaker 1: benefiting from broad gains in the stock market and its
Speaker 1: hedge fund portfolio. A big change is coming to thousands
Speaker 1: of KFC restaurants starting in January. Bloomberg's Tom Busby explains.
Speaker 7: The fried chicken giant reaching a deal to serve Coca-Cola
Speaker 7: beverages at all U.S. locations after breaking up with its
Speaker 7: longtime partner PepsiCo, which used to own KFC's parent company,
Speaker 7: Yum Brands, until 1997. Now this comes a few months
Speaker 7: after Coca-Cola announced the deal with the hotel giant Marriott
Speaker 7: to boot Pepsi as its beverage producer, while Costco wholesale
Speaker 7: stores also recently switched from Pepsi to Coke. International KFC
Speaker 7: locations will continue to serve Pepsi products and no terms
Speaker 7: of the deal were disclosed. Tom Busby, Bloomberg Radio.
Speaker 1: And that's news when you want it with Bloomberg News Now.
Speaker 1: I'm Matt Piper, and this is Bloomberg.