Trump Says Peace Talks on Track, Knicks Fall to Spurs, More

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Bloomberg News Now 7 min 6 speakers 2 chapters transcribed 3 months ago
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What is the main topic discussed in this episode?

Unknown 0:00
The Big Take podcast from Bloomberg News keeps you on top of the biggest stories of the day. My fellow Americans, this is Liberation Day. Stories that move markets. Chair Powell opened the door to this first interest rate cut. Impact politics. Change businesses. This is a really stunning development for the AI world. And how you think about your bottom line. Listen to The Big Take from Bloomberg News every weekday afternoon on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Karen Moscow 0:32
News when you want it with Bloomberg News Now. I'm Karen Moscow. President Trump says he sees progress with Iran after both Israel and Iran agreed to tamp down one of the worst flare-ups of fighting since the ceasefire began two months ago.
Unknown 0:46
I think it's going well. The blockade continues to hold 100%. Nothing is getting through our blockade. No oil, no income, no nothing.
Karen Moscow 0:57
Speaking to reporters in New York, President Trump said he could have an idea of a deal with Iran in the next day or two. Bloomberg's Abir Abu Omar reports the situation in the Middle East remains tenuous.
Unknown 1:08
Israel is still very much involved in the southern part of Lebanon, where Hezbollah, the militia backed by Iran, is active. Israel does not want to leave Lebanon. As a matter of fact, Netanyahu said that that is an intolerable argument for Iran to say that it will retaliate against Israel unless it leaves Lebanon.
Karen Moscow 1:27
Meanwhile, Bloomberg's Abir Abu Omar reports a U.S. Army and Apache helicopter went down near the Strait of Hormuz. U.S. Central Command says the two crew members on board were rescued within about two hours of the crash near the coast of Oman. It says the cause is still under investigation. This morning, the stage appears to be set in the California governor's race nearly a week after the primary election. With 83% of ballots counted, Decision Desk HQ projects Republican Steve Hilton will hold on to his second place position and advance to face Democrat Javier Becerra in November. Democrat Tom Steyer has been closing the gap with Hilton as late arriving mail-in ballots come in, but he's not projected to have enough to overtake Hilton.
Karen Moscow 2:10
The top two finishers advance to the general election regardless of party in California's primary system. Well, primary elections continue today with voters heading to the polls in Maine, Nevada, North Dakota and South Carolina. Bloomberg's Amy Morris reports Democrats may be taking a big risk in Maine.
Amy Morris 2:27
Graham Plattner is the leading contender for the Democratic nomination to challenge incumbent Republican Susan Collins. But a string of revelations about his behavior may tank his chances. The race is vital to any chance of Democrats winning back the Senate. Nevada's governor faces six Republican challengers in a state primary, while six Democrats will compete for the nomination to reclaim the seat in November.

What progress has President Trump reported regarding peace talks with Iran?

Amy Morris 2:49
North Dakota's only U.S. House member is facing a primary challenge, and South Carolina voters will choose nominees for governor, one of whom, Lieutenant Governor Pamela Evatt, has President Trump's endorsement. In Washington, Amy Morris, Bloomberg Radio.
Karen Moscow 3:03
All right, Amy, thank you. We turn now to sports, and the San Antonio Spurs have taken Game 3 of the NBA Finals over the Knicks, 115-111. It was quite a spectacle for the Knicks' first home game in the Finals since 1999, and we get the latest with Bloomberg's John Tucker. John, good morning.
John Tucker 3:20
And good morning, Karen. That's because President Trump became the first sitting president to attend an NBA finals game. And when he was shown on the video screens at Madison Square Garden during the national anthem, he got a frosty reception. Well, NBA Commissioner Adam Silver called the president a genuine Knicks fan.
Unknown 3:41
He's welcome to be here. I think that what makes sports so special, especially when there's so much that divides people, is it's something that we have in common.
John Tucker 3:50
It was already hard enough for Knicks fans to get inside MSG because of astronomical ticket prices. Now they lined up to get inside the arena for more than four hours before a tip-off.

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