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News when you wanted with Bloomberg News. Now I'm in Kleggi developments out of South Korea. South Korean President Yun apologizes, saying he will not impose martial law and saying the ruling party will decide his term of office. The opposition calls Yun's brief speech disappointing. Lawmakers are scheduled to vote on Eun's impeachment at five pm local time. In a preview of President to Like Donald Trump's Sunday appearance on NBC's Meet the Press, Trump was asked by moderator Kristen Welker if he believed his choice for Defense Secretary, Pete Henkseth has a drinking problem.
You don't drink yourself. You've talked about how devastating drinking can be. How concerned are you that the person who you picked for this top job at the Defense Department, at least according to those who've worked with him, has struggled with drinking.
But I've spoken to people that know him very well, and they say he does not have a drinking problem.
Trump was then asked about hag Seth's chances.
Have you gotten assurances from senators that he's going to be confirmed. Do you think he can make it?
No, I think you will. Yeah.
I've had a lot of senators call me up saying he's.
Fantastic president of like Trump. On this Sunday's Meet the Press, the New York City Police Department found a great backpack matching the description of one carried by the killer of insurance executive Brian Thompson, just according to people familiar with the matter, The backpack was found in Central Park. The people said this, declining to be identified as the information wasn't public yet. The NYPD is waiting on DNA test results that could help in the hunt for the killer of Thompson, who was fatally shot outside the New York Hilton Midtown Hotel early Wednesday morning. NYPD Chief of Detectives Joseph Kenny tells CNN they have reason to believe the person of interest may have left New York because we.
Have our perpetrator leaves the Hilton Hotel after the incident takes place. We have them getting on a bicycle and riding into Central Park. We then later picked him up on seventy seventh Street, exiting the park on Central Park West, still with the bicycle. Eventually We have him on eighty sixth Street, and then from there we have him in a taxicab, and a taxicab takes him up to one hundred and seventy eighth Street and Broadway Bus Center. Those buses are interstate buses. That's why we believe he may have left New York City.
Joseph Kenny speaking with CNN. Thompson was shot in the back in the leg around six forty five am Wednesday, outside the hotel where United Health Group was hosting its investor Day. A federal appeals court has upheld the Act of Congress that requires TikTok to be sold to Americans or go out of business in this country. As President Donald Trump endorsed the band, but now maybe having second thoughts, Bloomberg spoke with Republican Congressman Tim Burchett.
I know I'm on opposite side where President Trump is. I would hope that we could get China out of that business. I think it's just another avenue for the communist Chinese to indoctrinate our children through algorithms and stuff that I really don't understand.
That's Congressman Tim Burchett. German Chancellor Olof Schultz expect he'll find alignment with President elect Trump on how to end Russia's war against Ukraine. Playing down concerns a shift in US leadership risks splitting Keep's biggest backers, Schultz said in an interview published by German media group Funk on Saturday, I am confident that we can develop a joint strategy for Ukraine. I've already spoken to the future US president at length on the phone, and we are also in direct contact with his advisors on security policy. Trump and his team have been critical of the open ended support offered to Ukraine to repel President Vladimir Putin's forces without setting a goal beyond total victory, But with Russian troops making advances as well as morale and material running low, even officials in Washington and Ukrainian leader of Vladimir Zelensky have signaled a negotiated halt to the fighting is likely. More than half a decade in the making, Apple is preparing to finally bring one of its most ambitious projects to market. We get more from Bloomberg's Rick are Herskowitz.
Better late than never. Apple will finally be rolling out a series of cellular modem chips that will replace components from longtime partner and adversary Qualcomm. The move sets the stage for a range of new devices, starting with slimmer iPhones and potentially leading to cellular connected max and headsets. The new products will be made possible by an in house modem chip slated to debut next spring. That component, which will connect devices to sell towers, will gradually replace parts from supplier Qualcom during a three year rollout. Erka Herskowitz Bloomberg Radio.
South Korea's brush with martial law as a reminder that democracy is not self sustaining, the end of passive democracy. You can read all about it in Bloomberg's weekend edition exploring the places where finance, life and culture meet on Bloomberg dot Com and the Bloomberg Business app. The Dow lost one twenty three, NaSTA gain one fifty nine, The S and P was up fifteen. That's news when you want it with Bloomberg News. Now, I made Kalki and this Bloomberg