Bloomberg News Now: Charlie Kirk Killing, Peter Mandelson Fired, Bolsonaro Convicted, and Market Updates

Market Performance and Business News

• 📈 Wall Street rallied ahead of next week's Federal Reserve decision, with the S&P 500 gaining 55 points, NASDAQ 157 points, and the Dow 617 points.
• 💰 Paramount's guidance is reportedly preparing a majority cash bid for Warner Brothers Discovery, backed by the Ellison family, signaling potential industry consolidation.
• ⚡ Shares of Warner Brothers gained 30% in regular trading following this news.

Charlie Kirk Killing and Extremism Concerns

• 🎯 The FBI released photos of a suspect in the killing of right-wing commentator Charlie Kirk, who was shot at an outdoor event in Utah.
• 🔍 The suspect is described as a college-age male, wearing sunglasses and a cap, and was able to blend into the college community before fleeing.
• 🗣️ The FBI is treating the case as an attack on free speech, with polling indicating growing American concerns about political extremism.
• 🎖️ President Trump announced he will posthumously award Charlie Kirk the Presidential Medal of Freedom.
• ⚠️ Several historically black colleges and universities went into lockdown due to potential threats following Kirk's death.

International and Political Developments

• 🇬🇧 UK Prime Minister Keir Starmer fired Peter Mandelson as Britain's ambassador to Washington following details of his ties to Jeffrey Epstein.
• ⚖️ Brazilian Supreme Court justices voted to convict former President Jair Bolsonaro of attempting a coup to remain in office after his 2022 electoral defeat.
• 🏛️ Senator Elizabeth Warren is calling for a congressional hearing into JPMorgan's ties to Epstein, requesting CEO Jamie Dimon testify under oath.
• ⚖️ President Trump is asking a federal appeals court to pause a lower court decision blocking his ouster of Fed Governor Lisa Cook, seeking to fast-track the case.

Other News Briefs

• 🚧 Hyundai is pausing construction of its battery plant in Georgia after an ICE raid led to the apprehension of hundreds of workers.
• 🇺🇸 The U.S. marked the 24th anniversary of the September 11th attacks with ceremonies in New York and Washington.