Remembering Jesse Jackson, Warner Bros. Reopens Talks, More
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News when you want it with Bloomberg News Now. I'm Karen Moscow. Civil rights leaders are paying tribute to the Reverend Jesse Jackson. The 84-year-old died today after fighting for decades to give a voice to those who could not advocate for themselves. We get more with Bloomberg's Zach Cohen.
Jesse Jackson was one of the most prominent U.S. civil rights leaders of the 20th century, ran credible campaigns for president back in the 1980s. And in accepting that loss at Democratic National Conventions after each of those contests really galvanized his supporters and really defined politics for a generation, even long before America elected its first black president in Barack Obama.
And that's Bloomberg's Zach Cohen. National Urban League President Mark Morial spoke with CBS News Mornings.
His most important contribution was to bring, I think, the ethos of civil rights into mainstream American politics.
And Jackson was 84. He revealed he had Parkinson's in 2017 and had been hospitalized since November after being diagnosed with a degenerative condition. Iran says it reached a general agreement with the U.S. on the basis of a potential nuclear deal that would lift sanctions on Tehran and ease the risk of war in the Middle East. Iranian Foreign Minister Abbas Saragachi made the comments to state TV after talks with U.S. Special Envoy Steve Witkoff in Geneva. He said the two sides will each draft and exchange texts for a deal before setting a date for a third round of talks, although he cautioned that the next stage would be more difficult and detailed. A third round of U.S.-led negotiations on ending the Kremlin's war on Ukraine began in Geneva today, though there's little optimism that a breakthrough can be reached to halt the fighting.
Security and humanitarian issues are said to be on the agenda. The Search for Today show host Savannah Guthrie's mother now in the third week. Investigators are consulting with management at Walmart to develop leads in the case. The Ozark Trail Hiker Pack backpack that the suspect was wearing in surveillance video from Nancy Guthrie's porch is sold exclusively at Walmart. Investigators also announced over the weekend that a glove found near the home was sent for DNA testing. Steven Jensen is a former investigator for the FBI's Washington field office.
Descriptors like the clothing, the glove, the unique holster that he was wearing. Can we identify where this was purchased? And it sounds like Walmart is a prime retailer for many of these items. And then you're looking for patterns inside of the retail data.
And as former FBI investigator Steven Jensen, Pima County Sheriff Chris Nanos also says members of Guthrie's family, including siblings and spouses, have been ruled out as suspects.
What is the significance of Jesse Jackson's legacy?
Warner Brothers will reopen Takeover Talks with Paramount Skydance after receiving a seven-day waiver to do so from its preferred bidder, Netflix. The decision came after a Paramount banker told a Warner Brothers board member that Paramount would offer at least $31 a share or $1 a share higher than its previous offer if the company agreed to reopen Talks. And we get more with Bloomberg's Ed Ludlow.
Part of this is that the seven-day waiver also gives Warner Brothers Discovery and Paramount time to talk about the issues that the boards had with the Paramount bid, which were wide-ranging. The valuation, right, remember, Paramount proposes to buy all of Warner Brothers Discovery, including legacy network and cable, whereas Netflix would only buy the studios and the streaming business, spinning off the legacy networks into a standalone company. And that dollar, basically, you know, Paramount had, to the market's mind, undervalued the legacy networks and given them an essential valuation of like near zero, which people either agree or disagree with.
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