Netanyahu Says No Cease-Fire; New Apple Macs and PC Chips | Bloomberg Daybreak: US Edition

On today's podcast:

1) Israel's Netanyahu Says there will be no ceasefire (). Israel struck more targets in Lebanon and Syria overnight, while stepping up its ground operations in Gaza.

2) GOP House members are breaking with President Biden on a $14 Billion Israeli aid plan (). The package separates the Israel aid from a broader Biden emergency funding request that includes assistance for Ukraine and Taiwan. It also leaves out humanitarian assistance for civilians in Gaza and Israel that the White House requested.

3) Apple is unveiling new laptops, iMacs and more powerful chips (). The iPhone maker is rolling out a firstofitskind M3 chip that boosts performance and graphics horsepower.

4) The Detroit Lions beat the Las Vegas Raiders on Monday Night Football after a weak performance from wide receiver Davante Adams.

FULL TRANSCRIPT:

Good morning. I maybe Morris and I'm Karen Moscow. Here are the stories we're following today. We begin with the latest on the war in the Middle East. Israel has struck targets in Lebanon, stepping up its ground operations in Gaza. This latest military action comes as Prime Minister Benjamin Netanyahu rules out a cease fire and dismissed calls for him to resign over security failures that led to the October seventh Thamas attack. The only thing that I intend to have resign is Kamas. We're going to resign them to the dust benef history. That's my goal, that's my responsibility, and that's what I'm leading the country to do. Prime Minister Benjamin Netanyah, who says more than fourteen hundred Israelis were killed in that attack, the largest loss of Jewish life since the Holocaust. Well Amy Netanyah, who made his evening address in English Bloomberg's Oliver Crook is in Tel Aviv and has more on Netanyahu's message to the international community. The point that he was making was one that we've heard many times for the Prime Minister, a question of moral clarity in making the distinction between the deliberate murder of innocent and the unintentional casualties that accompany any war is what he says. And of course those casualties have exceeded now, according to the Gazen authorities, more than eight thousand people. And that is the big question internationally, where is the limit to self defense? On the question of ceasefires, he says, you wouldn't have asked for a ceasefire after Pearl Harbor or nine to eleven. That a ceasefire is a call for surrender for Israel is what he said. And regardless of who stands with Israel, he says, he's going to continue on this battle. And bloombergs Oliver Kuik, reporting from Tel Aviv, says authorities in Hamas run Gaza say the death toll since the war erupted has surpassed eighty three hundred and back here at Home, Defense Secretary Lloyd to Austin and Secretary of State Antony Blincoln will make the case that the United States should immediately send aid to both Israel and Ukraine. They'll testify at a Senate hearing. As House Republicans are taking their own path on aid to Israel. Bloomberg's Ed Baxter has that story. The Republicans introducing a fourteen point three billion dollar aid plan. The package separate it's Israel aid from a broader Biden emergency funding request that include Ukraine and Taiwan aid. We'll have to see what the Speaker will do now. It pays for the Israel Aid by cutting the Biden Inflation Reduction Act calling for a fourteen point three billion dollar reduction in funding for the IRS. This complicates the process to get anything done on this, as Democrats in the Senate and the President himself feel very strongly about that funding. Ad Baxter, Bloomberg Radio. All right, and thank you well. Turning to the markets now, the yen is falling the most in two months after the Bank of Japan made only minor changes to its policy settings, and that's disappointing some in the market who had expected more. The central Bank kept its camp on long term yields at one percent and left its negative interest rate untouched. Staying in Asia, China's factory activity fell back into contraction in October. Bloomberg Daybreak Asia anchor Brian Curtis has more from Hong Kong. The official PMI fill to forty nine point five in October, the estimate at fifty point two. In addition, an expansion of the services sector unexpectedly eased. The reading suggests the economy remains fragile and needs further support. The non manufacturing gauge declined to fifty point six from fifty one point seven in September, also lower than forecast. The numbers are skewed due to an eight day holiday at the beginning of the month, but let's not quibble. Demand remains weak. In On Kong, Brian...