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Paramount-Warner Bros. Judge Pauses Deal With Serious Issues Jul 20, 2026

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
A federal judge temporarily paused Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. saying it “likely” violates antitrust law.
US District Judge Araceli Martínez-Olguín in Oakland on Monday ordered the companies to hold off on consummating the deal for 14 days. Paramount and Warner Bros. hoped to close as soon as July 22.California and 11 other states sued to block the Hollywood mega-merger on July 13. The states allege the deal, which seeks to combine two of the five largest studios, would harm competition for film and cable TV distribution.Paramount said it will continue to vigorously defend against the suit.
“We are confident the evidence will demonstrate that the state AGs’ antitrust arguments are without merit as their alleged markets and claims of anticompetitive effects are without any basis in modern market realities,” the company said in a statement. “This merger is lawful, pro-competitive, and will benefit consumers, creators, workers, and the entertainment industry.”
The judge scheduled an Aug. 3 hearing on whether to extend the hold for longer. The judge will decide whether to pause completion of the deal until after a trial to decide whether it is illegal under federal antitrust law.
On this episode, Carol Massar and Tim Stenovec speak with:

Chris Palmeri, BN Media & Entertainment Team Lead
Dina Esfandiary, Bloomberg Economics Middle East Geoeconomics Lead on 1,000 Days of War and Upheaval That Reshaped the Middle East
Isabelle Lee, Bloomberg News Cross-Asset Reporter on Peptide ‘Wild West’ Pushes Everyday Americans Into Crypto
Avalon Pernell BN Equities Reporter on Martin Shkreli Is Back and Primed to Fight ‘To the Bitter End’

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Protecting Consumers from Foodborne Cyclospora Parasite Jul 20, 2026

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Food-safety experts warned that plans to shutter a US Department of Agriculture research facility will hinder efforts to protect consumers from the foodborne cyclospora parasite — a risk that’s underscored by the outbreak that’s spreading across the country. The agency is in the process of closing the Beltsville Agricultural Research Center just north of Washington, DC, and relocating its programs to facilities across the country under a restructuring plan announced last year. The center has two laboratories that play a significant role in investigating cyclospora as well as coordinating research with other federal agencies.

For more, Carol Massar and guest host Emily Graffeo speak with Dr. William Schaffner, Professor of Preventative Medicine and Vanderbilt University Medical Center.

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Bloomberg Businessweek Weekend - July 17th, 2026 Jul 17, 2026

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Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec
Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

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China’s Moonshot Unveils AI Model, Fueling Tech Rout Jul 17, 2026

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Chinese AI pioneer Moonshot unveiled a new model that it claims performs on par with some of the top-tier platforms from OpenAI and Anthropic PBC, the latest sign that the Asian country’s artificial intelligence labs are closing a technology gap with the US.

Moonshot released Kimi K3 Friday, touting benchmarks comparable to some of the US labs’ best offerings. The model is open weight, meaning its parameters are available for users to download and customize, and outperforms all rivals except Anthropic’s Claude Fable 5 and OpenAI’s GPT-5.6 on overall capability, it said.

Moonshot’s latest platform underscores how rapidly China’s AI race is evolving beyond a competition on price alone. Moonshot priced Kimi K3 at roughly Anthropic Sonnet levels, showing the company believes it can charge a premium to other Chinese models given its capabilities.

On this episode, Carol Massar and guest host Emily Graffeo speak with:

Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research
Seth Fiegerman, Bloomberg News AI Editor
Miguel Lorenzo, Senior Vice President of Sports Content, NBCUniversal Telemundo Enterprises on NBCU Telemundo's and Peacock's FIFA World Cup success, ratings performance and overall strategy
Jason Leopold, Bloomberg News Senior Investigative Reporter, FOIA Files newsletter author and executive producer on the Paramount documentary 'The Real Wolf of Wall Street'

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For Software Engineers, the AI Reckoning Has Already Arrived Jul 17, 2026

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Generative AI is rapidly automating basic coding, freezing junior hiring and dismantling the traditional tech career ladder. By erasing entry-level roles to maximize short-term productivity, companies are cutting off the very rungs needed to train the next generation of senior system architects.
For more on their partnership, Carol Massar and Tim Stenovec spoke with Mark Milian, Bloomberg Businessweek Deputy Editor

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Instant Reaction: Netflix Disappoints Again with Slow Growth Jul 16, 2026

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Netflix forecast a second consecutive quarter of slowing sales growth, feeding investor anxiety about the streaming giant’s future.
The company projected revenue of $12.9 billion in the current quarter and earnings of 82 cents a share, both a little shy of analysts’ expectations. The shares fell as much as 9% in after-hours trading.Second-quarter results were in line with Wall Street’s consensus, but most of the attention has been on future performance.
Shares in Netflix have declined more than 40% over the last year, as the company’s pursuit of Warner Bros. Discovery Inc. and subsequent financial results have caused investors to worry that the leader in streaming has lost momentum.
For instant reaction and analysis, Bloomberg Businessweek Daily hosts Tim Stenovec and Carol Massar speak with:

Felix Gillette, Bloomberg News Media and Entertainment Editor
Eric Clark, Portfolio Manager, LOGO ETF and CIO, Accuvest Global Advisors
Geetha Ranganathan, Bloomberg Intelligence Senior Media Analyst
Ed Ludlow, Bloomberg Tech Host

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US Launches New Strikes on Iran as Hormuz Traffic Slumps Jul 16, 2026

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
The US launched fresh strikes against Iran on Thursday, the fifth straight day of attacks as shipping traffic slumped in the critical Strait of Hormuz.The attacks began at 2 p.m. ET, according to US Central Command, with US forces aiming to “further degrade Iranian military capabilities.”Iran responded to earlier strikes by firing at American bases in Kuwait and Jordan, with the Kuwaiti Armed Forces warning of explosions as a result of air-defense systems intercepting hostile targets.
On this episode, Carol Massar and Tim Stenovec speak with:

Nick Wadhams, Bloomberg News National Security Reporter
Ed Ludlow, Bloomberg Tech Host on TSMC, renewed/continuing AI trade worries
Madison Muller, Bloomberg News Healthcare Reporter on Lilly Strikes $3.8B Deal for Psychedelic Drugmaker and Merck’s $3,800-a-Year Cholesterol-Cutting Pill Gets FDA Nod
David George, Senior Research Analyst at Baird

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Proactive Mental Health Support Can Support Global Economy Jul 16, 2026

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
A global study of more than 13,000 workers finds major life events – from returning to work after becoming a parent, to getting divorced and losing a loved one – can have a significant impact on people's health and wellbeing, contributing to an estimated $636 billion in lost productivity and 1.7 billion working days lost globally each year. Economic modelling suggests earlier mental health support before or during major life events could save $42 billion and recover 108 million working days annually. Those who took proactive steps such as talking to friends and family, seeking professional support or speaking to a healthcare provider, took an average of five fewer days off work due to better health, with 7 in 10 wishing they had taken earlier action to support their mental health before or during a major life event. Findings reveal a significant opportunity to improve health, boost the economy and help people navigate life's biggest moments through earlier mental health support.
For more, Carol Massar and Tim Stenovec speak with Sam Miley, Head of Forecasting and Thought Leadership at the Centre for Economics and Business Research and Andrea Christie-David, Director of Mental Health at Bupa, an international private healthcare company

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Unhealthy Air Quality Envelops NYC as Heat Tests US Grids Jul 15, 2026

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Extreme weather is slamming the US. Wildfire smoke is degrading air quality in New York as intense heat across much of the country had led a grid in the country’s midsection to declare an emergency. In California, utility PG&E Corp. warned that power shutoffs will be required across several counties as dry conditions and gusty winds increase fire risks.
Wildfire smoke from hundreds of fires burning across Canada blanketed parts of the Great Lakes, Midwest and Northeast on Wednesday, turning the sun over New York City and Toronto into a hazy, yellowish orb. Air quality dropped to unhealthy levels in Manhattan, Brooklyn and Queens, as well as Toronto, according to the US Environmental Protection Agency’s AirNow.gov. Chicago will likely see its air quality fall to unhealthy levels Thursday.
“This will be a prolonged event, and we may see worse air quality tomorrow,” said Amanda Lefton, commissioner of the New York State Department of Environmental Conservation, adding that the smoke will come “in waves” throughout the day.
On this episode, Carol Massar and Tim Stenovec speak with:

Emily Forgash, Bloomberg News Weather Reporter on heat wave, Canada wildfire smoke and NYC air warning
John Engel, Vice President of Digital Strategy & Strategic Innovation, OATI on the burden of summer heat on utilities and what consumers can do to keep energy bills low and products running efficiently
Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech on Apple Gets Approval for iPhone AI in China With Alibaba, Baidu AND OpenAI’s First Device Will Be Speaker Built as AI Companion
Natalie Lung, Bloomberg News Tech and Consumer Apps Reporter AND Kara Carlson, Bloomberg News EV Reporter on Robotaxi Riders Are Falling Asleep, Sparking Frantic 911 Calls

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Your Weather App Could Soon Develop Blind Spots Jul 15, 2026

Show notes

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
The US weather-forecasting system is gathering less information due to budget and staffing cuts by the Trump administration, which could lead to a decline in forecast quality. Meteorologists warn that the reduced data collection, including fewer weather balloon launches, increases the risk of missing extreme weather turns, which could result in unnecessary deaths, property losses, and economic disruption. The lack of real-time data and reduced forecasting accuracy may lead to higher insurance costs, as insurers price in the uncertainty, and could also cause "alarm fatigue" when people become desensitized to warnings due to overreaction by emergency managers.
For more, Carol Massar and Tim Stenovec speak with Mark Gongloff, Bloomberg Opinion Columnist

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