Karen Moskow on Bloomberg Daybreak: US Edition
Hurricane Isaias strengthened to 110 miles per hour as hurricane and storm-surge warnings took effect along the northern Gulf Coast, with emergencies declared in more than 70 counties across Alabama, Florida, and Mississippi. Florida Governor Ron DeSantis said officials were preparing for a possible Category 3 landfall.Craig Allen on Bloomberg Daybreak: US Edition
Hurricane Isaias was approaching the eastern Gulf Coast, with warnings from Gulfport to Panama City and storm effects extending toward Birmingham. Winds topped 110 miles per hour, storm surge could reach five to seven feet, and 63% of Gulf oil output was shut in.Karen Moskow on Bloomberg Daybreak: US Edition
Oil prices fell after President Trump said the United States would not attack Iran before November’s midterm elections, citing productive discussions with the Islamic Republic. The announcement came as Iran escalated attacks on tankers in the Strait of Hormuz.John Tucker on Bloomberg Daybreak: US Edition
US trade judge Richard Eaton approved class-action status for a lawsuit seeking refunds for President Trump’s global tariffs. Importers say the ruling will make it easier for a broader group of companies to recover money.John Tucker on Bloomberg Daybreak: US Edition
Defense Secretary Hegseth said the firing-squad execution of Nidal Hasan, a former Army major convicted of killing 13 people in a 2009 mass shooting, will be live-streamed to the public. The last US military execution was 65 years ago.John Tucker on Bloomberg Daybreak: US Edition
Mayor Zohran Mamdani called for an end to federal immigration enforcement in New York City after an ICE officer shot and wounded 28-year-old Oscar Belgal in the Bronx during what the Department of Homeland Security described as a targeted operation. Belgal’s five-year-old child was unharmed.Alexis Christoforous on Bloomberg Daybreak: US Edition
Humana shares rose about 15% after the company improved its performance on Medicare Advantage ratings, a change expected to increase future revenue. Medicare Advantage, the private version of Medicare, covers about half of eligible US seniors.Amy Morris on Bloomberg Daybreak: US Edition
Technology companies committed $2.4 billion for artificial-intelligence research at a Washington event, while the Trump administration announced more than $100 million for STEM education. Hours earlier, Vice President JD Vance said Microsoft and other companies were suspended from a visa-worker program.Karen Moskow on Bloomberg Daybreak: US Edition
OpenAI, the maker of ChatGPT, expects annualized revenue to reach or exceed $70 billion by year-end after a stock-market drop tied to weaker-than-expected projections. The company is seeking at least $30 billion at a $1.4 trillion valuation.Karen Moskow on Bloomberg Daybreak: US Edition
OpenAI expects annualized revenue to reach or exceed $70 billion by year-end as it seeks to raise at least $30 billion at a $1.4 trillion valuation. The forecast followed news that revenue would fall below some market estimates.Karen Moskow on Bloomberg Daybreak: US Edition
Investors withdrew $2.4 billion from Guggenheim Partners’ four largest mutual funds in September after reports that federal authorities were probing CEO Mark Walter’s business dealings. Guggenheim said it continued to attract investment across institutional and retail strategies.Alexis Christoforous on Bloomberg Daybreak: US Edition
Democratic Senator Jon Ossoff and Republican Representative Mike Collins traded personal attacks in Georgia’s first Senate debate. Ossoff called Collins a bigot, while Collins accused Ossoff of supporting people who want Israel destroyed. RealClearPolitics averages showed Ossoff leading 51% to 43%.Alexis Christoforous on Bloomberg Daybreak: US Edition
Democratic Senate nominee Abdul El-Sayed and Republican Mike Rogers clashed in a Grand Rapids debate in Michigan, with El-Sayed blaming fuel costs on the Iran war and Rogers warning El-Sayed’s policies would raise costs. A Fox News survey showed El-Sayed leading 50% to 49%.