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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Doug Krisner. Several bidders have lined up to take over

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Speaker 1: all or part of Warner Brothers Discovery. The Wall Street

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Speaker 1: Journal reports Paramount sky Dance, as well as Comcast and

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Speaker 1: Netflix are preparing offers now. Paramount remains committed to buying

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Speaker 1: the entire company. However, Comcast and Netflix are said to

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Speaker 1: be interested in the Warner Brothers movie and TV studios,

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Speaker 1: as well as the HBO Max streaming service, but not

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Speaker 1: Warner's cable TV holdings. We got reaction from Ross Gerber

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Speaker 1: of Gerber Kawasaki Wealth and Investment Management.

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Speaker 2: What I think Comcasts and Netflix are doing now is

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Speaker 2: going to make it really hard for Paramount to do

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Speaker 2: this and very expensive for them, because I don't think

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Speaker 2: they want Warner Brothers at all, or they would have

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Speaker 2: tried to buy them earlier. So you know, basically, Ellison's

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Speaker 2: got himself into a pickle because they know if they

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Speaker 2: let him have Warner Brothers too cheap, then it's a

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Speaker 2: real competitor to them. A lot of people in Hollywood

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Speaker 2: think that Ellison and this Paramount sky Dances going to

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Speaker 2: be like the next Disney you know, and so people

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Speaker 2: are scared of him, and they're going to make it

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Speaker 2: very expensive for him.

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Speaker 1: That is Ross Gerber of Gerbert Kawasaki Wealth and Investment Management.

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Speaker 1: Verizon is discussing plans to announce job cuts across the

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Speaker 1: entire company next week. We are told up to twenty

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Speaker 1: thousand workers that would represent twenty percent of Horizon could

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Speaker 1: be impacted. Now, this is a major step in a

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Speaker 1: transformation led by new CEO Dan Shulman. The dismissals are

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Speaker 1: expected to extend to employees at every level and in

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Speaker 1: every part of Verizon's business. I meantime, the Trump administration

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Speaker 1: is readying substantial tariff cuts to address high food prices.

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Speaker 1: The administration has unveiled a framework for agreements with Argentina, Guatemala,

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Speaker 1: El Salvador, and Ecuador to reduce tariffs on common grocery items.

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Speaker 1: The BBC has issued an apology to President Trump over

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Speaker 1: video editing in a documentary that featured Trump's speech on

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Speaker 1: January sixth, twenty twenty one. The BBC has no plans

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Speaker 1: to rebroadcast this program. Earlier, lawyers for Trump threatened to

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Speaker 1: file a lawsuit seeking a billion dollars in damages. If

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Speaker 1: the BBC didn't issue an apology, retract the documentary and

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Speaker 1: compensate the president. The BBC rejected demands for compensation, with

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Speaker 1: a broadcaster saying it disagrees with the basis of that

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Speaker 1: defamation claim. Federal employees return to work today after President

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Speaker 1: Trump signed a funding bill to reopen the government. However,

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Speaker 1: the reopening still leaves a fight over rising health care

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Speaker 1: cost unresolved. Here is Arizona Democratic Congresswoman Altelita Grijalva.

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Speaker 3: Republicans have had critical things to say about the Affordable

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Speaker 3: Care Act since its inception in twenty ten. They have

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Speaker 3: had fifteen years to work on a better plan. All

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Speaker 3: they do is throw stones at it, but don't actually

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Speaker 3: come to the table with any real solutions. So I

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Speaker 3: don't think it's the Democrat's responsibility to come up with

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Speaker 3: a solution that.

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Speaker 2: They don't see.

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Speaker 3: If we want to work to improve the ACA, I'm

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Speaker 3: all for that. Universal healthcare iding should be the base

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Speaker 3: of what the American people deserve.

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Speaker 1: Newly installed Arizona Democratic Congresswoman Aldelita Grijalva. Meantime, lawmakers are

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Speaker 1: set to discuss banning themselves from trading stocks. We have

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Speaker 1: that story from Bloomberg Sammy Morrison, Washington.

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Speaker 4: The House Administration Committee will meet Wednesday, November nineteenth to

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Speaker 4: discuss congressional stock trading as momentum builds around a build

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Speaker 4: of bar lawmakers from the practice. The hearing will highlight

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Speaker 4: the increased appetite in both parties to end the perception

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Speaker 4: of insider trading, with proponents of a band saying it

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Speaker 4: would help boost Americans trust in Congress, but the effort

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Speaker 4: to ban stock trading still faces significant obstacles in both chambers.

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Speaker 4: Opponents argue that barring trading and individual shares would be

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Speaker 4: a disincentive for potential congressional candidates in Washington. Amy Moore

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Speaker 4: as Bloomberg Radio.

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Speaker 1: Blue Origin successfully launched its second flight of the New

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Speaker 1: Glen rocket from Cape Canaveral, Florida. Its New Glen's first

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Speaker 1: NASA mission, and no humans were on board. This mission

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Speaker 1: is carrying two Rocket Lab built spacecraft on a trajectory

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Speaker 1: toward Mars. A few minutes after lift off, the rocket's

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Speaker 1: lower portions successfully separated from its upper stage, which continued

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Speaker 1: on its journey. The booster fell back to Earth, where

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Speaker 1: it fired engines to slow itself down before landing on

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Speaker 1: a vessel in the Atlantic Ocean. Recent intelligence assessments show

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Speaker 1: Russian President Vladimir Putin has no intention of reaching a

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Speaker 1: peace deal with Ukraine. Britain's former chief spy Richard Moore

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Speaker 1: told Bloomberg that Putin needs to be put under more

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Speaker 1: pressure in order for a deal. Meantime, Ukrainian President Vladimir

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Speaker 1: Zelensky implored the European Union to overcome its divisions on

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Speaker 1: the use of frozen Russian assets. Zelensky said new funding

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Speaker 1: is critical for Kiev to stay in the fight against Moscow.

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Speaker 5: They understand that we need their support and if I

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Speaker 5: hope God bless, we will get this decision. But they

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Speaker 5: will not have this decision. Of course, we together will

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Speaker 5: find out. We have to find Autonomy is the question

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Speaker 5: of what we're surviving. That's why we need it very

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Speaker 5: much and I count on partner.

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Speaker 1: You can hear the full conversation with Ukrainian President Volodimir

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Speaker 1: Zelenski on the Bloomberg Talks podcast and that is news

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Speaker 1: when you want it with Bloomberg News. Now. I'm Doug Krisner,

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Speaker 1: and this is Bloomberg