Bloomberg - Evening Briefing - Pelosi attack

Bloomberg Evening Briefing

Nancy Pelosi, who as Speaker of the House is the third most senior official in the US government after the president and vice president, was the target of an intruder who police said broke into her home. Instead, he allegedly attacked Paul Pelosi, her 82-year-old husband, and beat him with a hammer early Friday in his San Francisco home. The suspect, identified by San Francisco police as David DePape, 42, shouted “Where is Nancy, where is Nancy?” before attacking her husband, echoing the same chants of crowds of Trump followers who ransacked the US Capitol on Jan. 6, 2021 as they searched for members of Congress. Paul Pelosi has been hospitalized with head injuries but is expected to survive. DePape is in custody and is to be charged with attempted homicide, assault with a deadly weapon and elder abuse, police said. Authorities said the motive for the attack was still being investigated.

Here are today’s top stories

The Goldman Sachs consumer bank Marcus, in the spotlight recently as Chief Executive Officer David Solomon shifts away from the money-losing unit, raised the interest rate for its high-yield savings account to the highest on record, just as other banks with similar offerings are doing the same. 

Tensions from Brazil’s bitter presidential election are spilling into the workplace with a surge in complaints about employers threatening dismissal or handing out gifts to influence votes. Two days before the runoff between left wing ex-President Luiz Inacio Lula da Silva and the far-right incumbent, Jair Bolsonaro, the number of on-the-job complaints has surged. This is what this weekend’s runoff means for Brazil.

Towels with the images of Luiz Inacio Lula da Silva and Jair Bolsonaro hang at a street stall in Belo Horizonte, Brazil, on Oct. 26. Photographer: Douglas Magno/AFP

Elon Musk wasted no time taking complete control of Twitter, appointing himself chief executive officer, firing senior management and reshaping strategy at the social media platform as his $44 billion take-private deal closed. As some fear Musk will end efforts to stamp out hate speech and the kind of disinformation Vladimir Putin allegedly used to try and tilt the 2016 and 2020 elections to Donald Trump, Musk’s arrival as CEO was greeted by a flood of racist and anti-semitic posts and thousands of new followers of extreme-right wing accounts.

Exxon Mobil, which along with the rest of Big Oil has been under intense criticism for raking in massive profits from high gasoline prices as Americans suffer at the pump, has now responded to President Joe Biden’s repeated assaults on the fossil-fuel industry. In particular, Exxon Chief Executive Officer Darren Woods bristled at accusations the company hasn’t been returning some its unprecedented profits to the American people in a time of crisis. Woods proclaimed that he is—in the form of dividends paid to those who hold Exxon shares.

Darren Woods, chairman and chief executive officer of Exxon Mobil Photographer: Giulia Marchi/Bloomberg

Fueled by dark money and donations from deep-pocketed contributors, including Charles Schwab and Fred Eychaner, groups seeking to sway control of the US Senate in next month’s midterm elections are raking in money at a furious pace

Dartmouth researchers have found that heat waves exacerbated by climate change have significantly depressed economic output in poor countries since the 1990s. The damage is in the trillions of dollars.

There was a time when Netflix and HBO existed in harmony. It was way back in the early 2000s when HBO was king of content with shows like The Sopranos, The Wire and Sex and the City, and people binge watched on DVDs delivered via the snail mail by Netflix. But when Netflix bought the rights to House of Cards, the streaming wars’ battle lines were drawn. The rivalry between Netflix and HBO has been a defining one of the current TV era, and is one that has impacted the kinds of show that get made—and the ones that don’t. Listen to the story unfold.

Emilia Clarke in Game of Thrones Photographer: HBO

Bloomberg continues to track the global coronavirus pandemic. Click here for daily updates.

 What you’ll need to know tomorrow

Why Halloween Is Dangerous in America

Halloween is the most dangerous night of the year for pedestrians. The risk of death increases 43% compared to other nights in the US, according to one study, as costume-clad children and their parents crisscross streets after dark. Making matters worse, this year’s holiday comes at a time when the US is facing record traffic casualties, with pedestrian fatalities at their highest in 40 years. Traffic reform advocates want to use this Halloween to try and turn the tide.

Trick-or-treating in San Francisco Photographer: Carlos Avila Gonzalez/The San Francisco Chronicle/Getty Images

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