Bloomberg News US Economy Reporter Reade Pickert, explains how a yearslong decline in response rates for many of the surveys US government agencies use to compile economic data is a worrying development. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Anna Edney provide the details of Anna's Businessweek Magazine story Zantac’s Maker Kept Quiet About Cancer Risks for 40 Years. Bloomberg Intelligence Senior Tech Industry Analyst Mandeep Singh discusses Airbnb shares jumping on Wednesday after an outlook that shows robust travel demand. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.  

Bloomberg News <a data-destination="bb:rte:bind">US Economy Reporter</a> Reade Pickert, explains how a yearslong decline in response rates for many of the surveys US government agencies use to compile economic data is a worrying development. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Anna Edney provide the details of Anna's Businessweek Magazine story Zantac’s Maker Kept Quiet About Cancer Risks for 40 Years. Bloomberg Intelligence Senior Tech Industry Analyst Mandeep Singh discusses Airbnb shares jumping on Wednesday after an outlook that shows robust travel demand. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Jobs Data Threatened as Businesses Avoid Surveys

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c285757e-4685-4da8-99fa-afaa015cb316/transcript

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

US President Donald Trump minimized the prospect of immediate talks with Iran as the two sides exchanged strikes and Houthi militants in Yemen threatened shipping in the Red Sea.
Trump vowed on Tuesday to respond if the Iran-backed group disrupted that waterway, but didn’t specify how.His comments came after the 10th day of US and Iranian attacks and as mediators continued efforts to restart negotiations. Oil prices ticked higher amid the threats to key routes for global energy supplies.

“They want to desperately meet and until they’re ready to meet in a meaningful way we have no interest,” Trump said at a White House meeting with Lebanon’s president, vowing to continue the fight.

On this episode, Carol Massar and Tim Stenovec speak with:
Jennifer Welch, Bloomberg Economics Chief Geoeconomics Analyst
Charles Schwab CEO Rick Wurster
Timna Tanners, Wells Fargo Equity Research Managing Director on Aluminum and metals latest
Madison Muller, Bloomberg News Healthcare Reporter on Novo Nordisk Sues Eli Lilly in US Over Obesity Drug Ads

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. US President Donald Trump minimized the prospect of immediate talks with Iran as the two sides exchanged strikes and Houthi militants in Yemen threatened shipping in the Red Sea. Trump vowed on Tuesday to respond if the Iran-backed group disrupted that waterway, but didn&rsquo;t specify how.His comments came after the 10th day of US and Iranian attacks and as mediators continued efforts to restart negotiations. Oil prices ticked higher amid the threats to key routes for global energy supplies. &ldquo;They want to desperately meet and until they&rsquo;re ready to meet in a meaningful way we have no interest,&rdquo; Trump said at a White House meeting with Lebanon&rsquo;s president, vowing to continue the fight. On this episode, Carol Massar and Tim Stenovec speak with:
<ul>
<li>Jennifer Welch, Bloomberg Economics Chief Geoeconomics Analyst</li>
<li>Charles Schwab CEO Rick Wurster</li>
<li>Timna Tanners, Wells Fargo Equity Research Managing Director on Aluminum and metals latest</li>
<li>Madison Muller, Bloomberg News Healthcare Reporter on Novo Nordisk Sues Eli Lilly in US Over Obesity Drug Ads</li>
</ul>

US Allies in Persian Gulf Exasperated as Iran War Escalates 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/93b62d87-3225-437b-bd19-b48e0151276a/transcript

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

The Jaecoo 7, a Chinese SUV, is outselling Land Rover's comparable Range Rover Evoque in the UK, with its gasoline version starting around £30,000. The Jaecoo 7 includes premium touches like heated front seats and a sunroof, and has a seven-year warranty, versus three for the Range Rover Evoque. Chinese carmakers, including Chery Automobile Co., are pushing into the European market, with China's carmakers accounting for 10% of the market in May and holding about one-fifth of Europe's second-largest car market in the UK.

For more, Carol Massar and Tim Stenovec speak with Keith Naughton, Bloomberg News Auto Reporter and Jacob Reid, Bloomberg News Global Business Reporter

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. The Jaecoo 7, a Chinese SUV, is outselling Land Rover's comparable Range Rover Evoque in the UK, with its gasoline version starting around &pound;30,000. The Jaecoo 7 includes premium touches like heated front seats and a sunroof, and has a seven-year warranty, versus three for the Range Rover Evoque. Chinese carmakers, including Chery Automobile Co., are pushing into the European market, with China's carmakers accounting for 10% of the market in May and holding about one-fifth of Europe's second-largest car market in the UK. For more, Carol Massar and Tim Stenovec speak with Keith Naughton, Bloomberg News Auto Reporter and Jacob Reid, Bloomberg News Global Business Reporter

 ‘Temu Range Rover’ Highlights China’s Ascent in UK Car Market

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0a55781c-25c1-4c04-bcfd-b48d015682c1/transcript

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’

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. A federal judge temporarily paused Paramount Skydance Corp.&rsquo;s $110 billion takeover of Warner Bros. Discovery Inc. saying it &ldquo;likely&rdquo; violates antitrust law. US District Judge Araceli Mart&iacute;nez-Olgu&iacute;n 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. &ldquo;We are confident the evidence will demonstrate that the state AGs&rsquo; antitrust arguments are without merit as their alleged markets and claims of anticompetitive effects are without any basis in modern market realities,&rdquo; the company said in a statement. &ldquo;This merger is lawful, pro-competitive, and will benefit consumers, creators, workers, and the entertainment industry.&rdquo; 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:
<ul>
<li>Chris Palmeri, BN Media &amp; Entertainment Team Lead</li>
<li>Dina Esfandiary, Bloomberg Economics Middle East Geoeconomics Lead on 1,000 Days of War and Upheaval That Reshaped the Middle East</li>
<li>Isabelle Lee, Bloomberg News Cross-Asset Reporter&nbsp;on Peptide &lsquo;Wild West&rsquo; Pushes Everyday Americans Into Crypto</li>
<li>Avalon Pernell BN Equities Reporter on Martin Shkreli Is Back and Primed to Fight &lsquo;To the Bitter End&rsquo;</li>
</ul>

Paramount-Warner Bros. Judge Pauses Deal With Serious Issues 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e31eac67-b033-4df1-9e91-b48d01524755/transcript

Jobs Data Threatened as Businesses Avoid Surveys

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