Paramount Goes Hostile in Fight for Warner Bros. Discovery

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• 00:02

  In a world full of noise, long-term thinking stands out.

• 00:07

  On the Capital Ideas podcast,

• 00:09

  capital group leaders explore the decisions that matter most in investing, leadership, and life.

• 00:15

  It's a rare look inside a firm that's been helping people pursue their financial goals for more than 90 years.

• 00:22

  Listen to the Capital Ideas podcast from Capital Group, published by Capital Client Group, Inc.

• 00:33

  President Trump announces billions of dollars in aid for U.S.

• 00:37

  farmers.

• 00:38

  Plus, Paramount launches a hostile takeover bid for Warner Bros.

• 00:42

  Discovery.

• 00:42

  And why pharma companies are building websites so patients can buy drugs straight from them.

• 00:48

  There is a segment of patients that just either doesn't have insurance or doesn't have great insurance.

• 00:53

  And so sometimes it's to their advantage for the companies to offer those patients a significant cash discount

• 01:00

  because otherwise they might not even get their business at all.

• 01:03

  It's Monday, December 8th.

• 01:05

  I'm Alex O'Sulliv for the Wall Street Journal.

• 01:07

  This is the PM edition of What's News,

• 01:10

  the top headlines and business stories that move the world today.

• 01:19

  Berkshire Hathaway is losing one of its top stars in Todd Combs,

• 01:23

  who led the turnaround of the company's Geico auto insurance arm.

• 01:26

  Combs is leaving for JPMorgan Chase as Berkshire prepares for a new era without CEO Warren Buffett,

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