Warner Bros Weighing New Paramount Bid, Iran Nuclear Talks, More

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What is the main topic discussed in this episode?

Unknown 0:00
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
Monica Ricks 0:28
News when you want it with Bloomberg News Now. I'm Monica Ricks. Warner Brothers Discovery is considering reopening sale talks with Paramount Skydance after Paramount sweetened its bid for the studio last week, addressing several concerns. Bloomberg's Tony Zizka has details.
Tony Zizka 0:44
The Paramount offer, the most recent one, which they now seem to have taken up, does have some what seem like pretty big incentives, including debt financing and the breakup fee issue. And so that's a new twist here.
Monica Ricks 1:02
The board reportedly hasn't decided how to respond. It's still in a binding agreement with Netflix. But a move could ignite a second bidding war for the studio. U.S. markets are closed today for President's Day, but foreign markets are still trading. The FTSE in London and CAC in Paris are both up about two-tenths percent right now. The DAX in Germany is up about a tenth of a percent. Asian markets are mixed ahead of Lunar New Year holidays. The Nikkei in Japan is down about 0.2%. The Hang Seng in Hong Kong is up about a half percentage point. And China's CSI 300 is down about 1.25%. U.S. and Iranian officials kick off another round of nuclear talks in Switzerland tomorrow as the U.S. continues to build up forces in the region.
Monica Ricks 1:44
President Trump has threatened to strike if Iran can't agree to limit its nuclear ambitions. He's also threatened to step in over Iran's deadly crackdown on anti-government protests that have already killed thousands. U.S. Energy Secretary Chris Wright has spent the last few days in Venezuela and says major oil companies are on the ground there now getting started on what the White House is calling a historic energy deal.
Chris Wright 2:06
Chevron's on the ground right now. They are growing their production this month and next month. So it's happening right now. New American companies will be entering Venezuela in the next few months this year.

What recent developments are happening with Warner Bros and Paramount?

Monica Ricks 2:18
It comes as the U.S. military continues to intercept Venezuelan oil tankers. The Pentagon didn't say whether it was seized, but forces boarded one this weekend in the Indian Ocean after tracking it from the Caribbean. Today's show host Savannah Guthrie has posted a new video pleading for the return of her 84-year-old mother who's been missing for two weeks now in Arizona. We still have hope and hope. We still believe friends of the Guthrie say the family is frustrated with the pace of the investigation, but aren't giving up hope. It is never too late to do the right thing. Authorities found a glove about two miles away from Nancy Guthrie's home this weekend that appears to match doorbell surveillance footage.
Monica Ricks 2:59
The FBI is now testing it for DNA evidence. White House Borders R. Tom Homan pulled about 1,000 ICE officers from Minnesota yesterday, and hundreds more are leaving today as part of the Trump administration's drawdown of its immigration enforcement surge.
Tom Homan 3:13
I got to give credit to the governor. We had good conversations. The state prisons are helping us. And Mayor Frey, me and Mayor Frey will never agree on much, but you know what? His officers did respond to take down illegal roadblocks that made it unsafe for not only citizens of Minnesota, but our officers. I think we're in a lot better spot than we ever have been.
Monica Ricks 3:32
Homan on CNN. He says a small security force will stay back for a while to protect remaining agents and respond if things get out of control. Walmart's the first retailer to hit a trillion-dollar value as a company, and this week we'll hear what it plans to do to keep that growth going. Bloomberg's Andrew O'Day reports Walmart's set to post its latest quarterly results, which includes the holidays.
Andrew O'Day 3:54
Industry analysts think we may get a weaker-than-anticipated full-year forecast from Walmart amid consumer economic worries.

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