October 15, 2026: Oregon School Shooting Latest, DOJ Sues CA Over Voter Rolls, More

0:01 News when you want it with Bloomberg News Now, I'm Matt Piper. Three children and a teacher are dead following a shooting at an elementary school in Bend, Oregon. It happened at 1 p.m. local time at the Silver Rail Elementary School. Bend Police Chief Mike Krantz.

0:17 Our officers entered the building and confirmed the suspect was dead. They cleared the school to ensure there were no additional threats and then rendered emergency aid to the victims. Officers at the scene located five people who had succumbed to their injuries. including the suspect. The deceased at the scene include three children, ages 5, 8, and 11, and one teacher.

0:41 A seven-year-old child and a teacher in their 50s were also shot and are in critical condition at a local hospital. The shooter is also dead, shot police say by a community member who ran into the school when they realized what was happening. The chief says the shooter was able to get into that school by shooting at locked doors.

0:58 The Trump administration is suing California for allegedly failing to remove suspected non-citizens from the state's voter rolls. The lawsuit seeks to keep the state from counting such ballots until the citizenship status of more than 20,000 people can be verified. It's the latest escalation of the Trump administration's clash with Democratic-led states in the run-up to the midterms. Speaking of midterms, record amounts of money has poured into the Senate contest in Texas. Don Levy is director of polling at Siena University.

1:27 Democrats are excited beyond belief they might actually pull out Texas. In poll after poll, Tallarico has maintained a small lead. We're looking at a battle right now that is ultimately going to be turnout. We're fighting in Texas over the independent voters, and we're, of course, fighting over the Hispanic voters that now have moved back in the Democratic column to some extent.

1:48 Don Levy of Siena University on Balance of Power says, Half a billion dollars has been spent on the race between Republican Ken Paxton and Democrat James Tallarico. The Postal Service and the FBI are investigating a series of suspicious mailings to state election officials across the country. Bloomberg's Amy Morris reports from Washington.

2:07 The packages were sent to Secretary of State offices and election locations across the country in recent days, investigators working to identify who could be mailing them and if they're connected. Congressional staff have also been notified that there are suspicious letters targeting their offices. The probes by postal authorities and the FBI are proceeding as USPS prepares to process and deliver what could amount to more than 100 million mailed ballots during this year's midterm elections. In Washington, Amy Morris, Bloomberg Radio.

2:38 Stocks staged a comeback after losses driven by concerns about the sustainability of the artificial intelligence trade that's powered the bull market. A sell-off in chipmakers erased as NVIDIA CEO Jensen Huang defended the financial health of AI computing provider CoreWeave. That came after a measure of credit risk at the data center operator hit a record high, fueling fresh jitters about the AI sector. Dana D'Aria is chief investment officer at InvestNet.

3:04 At the end of the day, all of this is pointed at the success of one relatively new technology, which has a long way to go before we figure out how it's going to pan out in the economy. And so when you have a little bit of, you know, kind of... little bit of concern, OK, you know, is somebody a little over leveraged or what have you, then it makes sense that the market kind of reacts pretty violently because there's so much investment around this.

3:31 Dana Diaria from Investnet speaking to Bloomberg. A senior U.S. official says President Trump did not order any restrictions on Ukraine's access to SpaceX's Starshield satellite technology. The statement comes after Ukrainian President Volodymyr Zelensky accused Trump and SpaceX CEO Elon Musk of restricting Kyiv's access. Zelensky said the restrictions led to civilian deaths because Ukrainian interceptors using the technology could no longer knock down Russian drones as effectively. Meantime, Russian authorities say a major oil refinery caught fire in an overnight drone strike. Sources in Kyiv say Ukrainian forces hit the refinery in retaliation for Russian ballistic missile and drone attacks the day before. The strike came after Zelensky

4:13 said he ended a three-day pause on attacks. The European Union is preparing a trade deterrence tool that could completely shut off access to the bloc's single market. It's part of a push to cut the trade deficit with China. Here's Bloomberg's Min Min Low.

4:27 We are already hearing from sources that the EU is looking at coming up with new measures, including a sort of kill switch that will allow them to quickly eject firms and countries that are attacking the EU economy. And of course, this is primarily targeted at China with the trade deficit. deficit ballooning with China. We just got those trade data out this week for September and EU's deficit with China has hit a record $ 35 billion in September.

4:55 China's exports grew by 36% on year in September. And so this has been an ongoing issue.

5:02 That's Bloomberg's Min Min Lo. President Trump says the Pentagon will not live stream the firing squad execution of the Fort Hood shooter. After bipartisan backlash, Trump posted on social media that the execution will proceed, but it will not be broadcast.

5:16 The U.S.

5:17 Stopped public executions decades ago. Critics argued that live-streaming the killing of Nidal Hassan would look barbaric and amount to a propaganda win for extremist groups. Hassan killed 13 people and wounded more than 30 when he opened fire at Fort Hood, Texas in 2009. His execution is set for December 3rd. Harvard University's endowment jumped to a record $ 68 billion as successful bets on equities and venture capital helped the university weather pressure from President Trump. The fund returned 27 percent and donations rose to $ 1. 5 billion, with the endowment adding a total of $ 11 billion during the period, benefiting from broad gains in the stock market and its hedge fund portfolio. A big change is coming to thousands

6:02 of KFC restaurants starting in January. Bloomberg's Tom Busby explains.

6:07 The fried chicken giant reaching a deal to serve Coca-Cola beverages at all U.S. locations after breaking up with its longtime partner PepsiCo, which used to own KFC's parent company, Yum Brands, until 1997. Now this comes a few months after Coca-Cola announced the deal with the hotel giant Marriott to boot Pepsi as its beverage producer, while Costco wholesale stores also recently switched from Pepsi to Coke. International KFC locations will continue to serve Pepsi products and no terms of the deal were disclosed. Tom Busby, Bloomberg Radio.

6:39 And that's news when you want it with Bloomberg News Now. I'm Matt Piper, and this is Bloomberg.