China’s foreign minister has urged Japan to refrain from supporting US efforts to suppress the Chinese semiconductor industry. And Japan’s foreign minister has urged his Chinese counterpart to quickly release an employee of Japanese drugmaker Astellas Pharma Inc. detained in China. Jon Herskovitz reports on Bloomberg Television.

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Samsung revamped its foldable phone lineup, introducing an all-new model aimed at taking the category mainstream and competing with Apple’s imminent entry into the market.
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The NBA stripped the Los Angeles Clippers of five first-round draft picks and suspended owner Steve Ballmer for one year after finding the team had circumvented salary cap rules by facilitating sponsorship agreements between outside companies and star player Kawhi Leonard. Randall Williams reports on “Bloomberg The Close.”
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Guy Johnson, Tom Mackenzie and Paul Dobson break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
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“Balance of Power” focuses on the intersection of politics and global business. On today’s show, Rep. Jim McGovern (D-MA), the top Democrat on the House Rules Committee, says his conversations with constituents are dominated by concerns around the cost of living, arguing voters want Congress focused on lowering prices ahead of the midterm elections. Vladyslav Vlasiuk, Presidential Commissioner for Sanctions Policy of Ukraine, says Congress should pass a sweeping Russia sanctions bill “now,” arguing additional economic pressure is needed to constrain Moscow’s ability to fund the war.

Chapters:

00:01:49 Bloomberg’s Kate Sullivan on JD Vance Talks Iran War and Gas Prices, DOJ Seeks Supreme Court Action on Mail-In Ballots
00:04:28 Rep. Jim McGovern (D-MA) on Mail-In-Voting and Affordability
00:07:40 Rep. Jim McGovern (D-MA) on Russia Sanctions and Iran
00:09:01 Rep. Jim McGovern (D-MA) on Venezuela Oil Deal and Gas Prices
00:10:50 Rep. Jim McGovern (D-MA) on Cuba and Venezuela
00:14:11 Power Moves: Top Financial Moves
00:15:49 Bloomberg’s Ed Ludlow Interviews Sam Altman on OpenAI’s Latest AI Model
00:18:00 Sam Altman on AI Safety, Cybersecurity, and Guardrails
00:20:00 Sam Altman on OpenAI Going Public
00:24:49 Bloomberg Econ’s Chris Kennedy on Strait of Hormuz Oil Flows and Iran Sanctions
00:28:55 Vladyslav Vlasiuk, Presidential Commissioner for Sanctions Policy of Ukraine, on Ukraine Pushes for Russia Sanctions Bill
00:33:10 Vladyslav Vlasiuk on US Components Found in Russian Weapons
00:35:12 Vladyslav Vlasiuk on How Russia Is Funding the War
00:38:02 Bloomberg’s Caitlin Reilly on Republicans Skipping Midterm Convention
00:39:32 Political Panel Reacts: Trump’s Midterm Strategy, Trump Campaigns for Ken Paxton, Supreme Court Fight Over Mail-In Ballots
——–
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