Bloomberg Businessweek

Jeff Vaughn, a former CBS anchor, says a 2022 billboard convinced him that being White and male was becoming a liability, and he sued CBS in 2024 after being fired in 2023. The US Equal Employment Opportunity Commission is urging White men to come forward with complaints about their treatment by employers looking to diversify their workforces, with EEOC Chair Andrea Lucas saying that anti-discrimination laws apply equally to everyone.
Jeff Green, Bloomberg News Managing Diversity Reporter, writes how white men who sue their employers over perceived discrimination may face career damage, with experts saying that bringing a lawsuit can make it difficult to find a new job, as potential employers can discover the lawsuit with a basic Google search.
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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.
Federal Reserve officials signaled renewed worries over inflation with “several” policymakers suggesting the central bank may need to raise interest rates if inflation stays above their goal.
“Several participants indicated that they would have supported a two-sided description of the committee’s future interest-rate decisions, reflecting the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation remains at above-target levels,” a record of the central bank’s January meeting showed.
Minutes of the Federal Open Market Committee’s Jan. 27-28 meeting released Wednesday also revealed that a “vast majority of participants judged that downside risks to employment had moderated in recent months while the risk of more persistent inflation remained.”

The FOMC voted 10-2 at the meeting to hold the benchmark federal funds rate in a range of 3.5%-3.75%. Governors Christopher Waller and Stephen Miran dissented in favor of a quarter-point reduction. Officials dropped language pointing to increased downside risks to employment that had appeared in the three previous statements.
The minutes further signaled that one group of policymakers was embracing a view less open to additional rate cuts, at least in the near term.
Today's show features:
Michael McKee, Bloomberg TV and Radio International Economics & Policy Correspondent, on the latest FOMC minutes
Mike Wilson, Chief US Equity Strategist and Chief Investment Officer for Morgan Stanley, and Bloomberg News Equities Reporter Alexandra Semenova
Kamini Lane, President and CEO of Coldwell Banker Realty, on latest US Housing data
Bloomberg News Senior Technology Reporter Kurt Wagner on the Social Media Addiction trial
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Marvina S. Robinson is the Founder & CEO of B. Stuyvesant Champagne. Founded in 2020, B. Stuyvesant Champagne is a luxury, woman-owned Champagne house produced and bottled in Épernay, France. The brand develops its cuvées in partnership within the Champagne region, focusing on small-production wines crafted according to traditional méthode champenoise standards.
Beyond the bottle, the company operates a Brooklyn tasting room and curates elevated Champagne experiences designed to make luxury Champagne more accessible while honoring the heritage of the region. B. Stuyvesant Champagne continues to grow through experiential activations, disciplined brand expansion and a focus on long-term value creation within the global luxury beverage market.
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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.
Warner Bros Discovery Inc. has agreed to reopen negotiations with rival Hollywood studio Paramount Skydance Corp. after the suitor proposed raising its bid and sweetened other terms of its offer, setting the stage for a renewed showdown with Netflix.
Netflix, which Warner Bros. still described as its preferred bidder, has granted the board seven days to discuss Paramount’s most recent proposal, according to a statement Tuesday. The decision came after a Paramount banker told a Warner Bros. board member that Paramount would offer at least $31 a share, or $1 a share higher than its previous offer, if the company agreed to reopen talks. Warner Bros. now wants to see that, and other aspects of Paramount’s new bid, in writing.
Warner Bros. said the board still unanimously recommends shareholders vote in favor of its binding agreement to sell its namesake studios and HBO Max streaming business to Netflix for $27.75 a share, or $72 billion. Paramount’s all-cash $77.9 billion bid, which is backed by billionaire Larry Ellison, is for the entirety of Warner Bros., including its cable TV channels such as CNN and TNT that are otherwise planned to be spun off under a deal with Netflix. Warner Bros. has scheduled a shareholder vote on the Netflix deal for March 20.
The decision to reengage with Paramount, which confirms Bloomberg’s reporting Sunday, adds another twist in the long drawn-out saga over control of one of Hollywood’s most iconic properties. The fight for Warner Bros., the century-old studio behind films from Casablanca to Batman, and hit TV series like Friends, is one of the biggest media deals in years and has the power to reshape the entertainment industry.

Today's show features:
Bloomberg News Managing Editor for Media & Entertainment Lucas Shaw and Bloomberg News Senior M&A Reporter Michelle Davis on Warner Bros. Reopens Talks as Paramount Signals Higher Bid
Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman on Apple Ramps Up Work on Glasses, Pendant and Camera AirPods (CLEAN UP LINE DROP)
Bloomberg News Finance Reporter Max Abelson on The Leon Black Files: Epstein Was Fixer for His Deepest Secrets
Drive to the Close with Bill Smead, Founder, Chairman and CIO of Smead Capital Management, on the energy market and his stock pick
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Brad Finkel founded Hoboken Farms in 1992. His family has had deep roots in Hoboken dating back to around 1895. As a youngster, whenever Brad visited friends, he was always asked to bring fresh bread, mozzarella, and pastas from Hoboken's local shops. Soon, neighbors and ex-Hobokenites who missed these local delicacies began requesting deliveries as well. Brad saw an opportunity and started a small business to meet this demand.

Hoboken Farms, once a part-time endeavor, became Brad's full-time obsession. As his community grew to encompass around 800 markets annually, so did his commitment to providing nourishment and inspiration through food and family. Brad details his growing line of farm market products and how a critical new investment is helping Hoboken Farms continue its evolution into a beloved supermarket brand. Brad speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.
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