Dan Schwartzman

Bloomberg Industry Group's Zach Cohen says this DHS shutdown is likely to last several more days, if not weeks.

Both houses of Congress are out of town all week for the President's Day holiday.

Warner Bros.

Discovery will reopen negotiations with Paramount Skydance after Paramount proposed raising its bid and sweetening other terms of its offer.

Netflix, which is considered Warner Bros.'

preferred bidder, has granted the board seven days to consider Paramount's proposal, which includes raising its bid to at least $31 a share, a dollar higher than its previous offer.

Warner Bros.

said the board still unanimously recommends shareholders vote in favor of its binding agreement to sell its namesake studios and HBO Max streaming business to Netflix for $27.75 a share, or $72 billion total.

Pharma giant Bayer is preparing to announce a $10.5 billion settlement push to resolve current and future cancer lawsuits over its Roundup weed killer.

The German company will propose paying $7.5 billion in a class-action settlement

as well as $3 billion to settle existing U.S.

cases.

Roundup litigation has plagued Bayer since buying Monsanto for $66 billion.

The company, though, still faces around 67,000 claims from plaintiffs who allege that long-term exposure to Roundup caused their cancer.

Ford Motor is gearing up for next year's debut of a budget-priced electric vehicle line to contend with China with a starting price of $30,000, about $20,000 cheaper than the average new car in the U.S.

Ford has engineered its next-generation EV to be lighter, sleeker, and more electrically efficient with a driving range extended by around 50 miles.

Ford is making the move despite taking $19.5 billion in charges tied to a sweeping overhaul of its EV business after struggling for years to make it profitable.

We checked the markets all day long here at Bloomberg.

The Dow is essentially flat.

The S&P 500 is up around a tenth of a percent, while the Nasdaq is down around a quarter percent.