Big Pharma is betting on China for its next blockbuster drugs — what that shift means for patients and the future of US biotech dominance.
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Paramount Skydance Corp. has settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, allowing the company to close its acquisition of Warner Bros. Discovery Inc. #news #business #usa

The settlement includes protections to limit the market power and ensure the editorial independence of the media giant, and requires Paramount to release 30 movies a year at the combined studios.

Paramount has agreed to various terms, including investing $1.5 billion in domestic film and TV production, and not selling or closing its big studio lots in the Los Angeles area, in a bid to appease politicians and unions.

Read more: https://www.bloomberg.com/news/articles/2026-09-21/paramount-settles-lawsuits-allowing-for-warner-bros-acquisition

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Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”

Chapters:
00:00:17 – Nvidia Expectations
00:02:15 – Warsh
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This week started with a striking warning from the Broadcom CEO, who likened the artificial intelligence market to a “casino.” The statement was followed by strong earnings from ASML and a better-than-expected outlook from TSMC, though neither was enough to stem a global tech stock rout. Bloomberg’s “The Opening Trade” spoke to analysts and experts about what this tells us about the state of expenditure within the booming trade and whether its becoming an increasingly riskier bet.
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Tesla showcased its new Roadster sports car in a demonstration where it drove up a ramp, did a controlled flip, and performed other stunts using air thrusters developed in partnership with SpaceX engineers.
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