As companies seek to close growing gaps in skills and talent,

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain?

By performing a skills inventory, leaders can truly understand where their efforts should be focused.

Being blind to those gaps is the real miss.

Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent.

Here's your midday brief for Monday, December 22nd.

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

Paramount has updated its takeover offer for Warner Brothers Discovery, with billionaire Larry Ellison personally guaranteeing $40.4 billion in equity financing.

The revised bid also matches Netflix's $5.8 billion breakup fee.

Paramount previously made a hostile all-cash tender offer of $77.9 billion for Warner,

and today's offer is at the same price per share. Warner shares rose in midday trading

as shareholders weigh the new terms against Netflix's $72 billion proposal.

Former Vice President Mike Pence's political organization advancing American freedom is hiring

about 15 officials from the Heritage Foundation amid a deepening rift in the conservative movement.

Pence says he sees the think tank as, quote, abandoning its principles, embracing populism and tolerating anti-Semitism. Meanwhile, heritage leadership was critical of some of the departing staff, calling them disloyal. And Cosmetics Giant Cody has appointed former Proctor and Gamble executive Marcus Strobel as interim chief executive. He'll steer the company through a

strategic review of its consumer beauty business. Cody's stock price has lost about half its value

this year and the company is considering selling or spinning off its mass market consumer

beauty business, which includes brands like Cover Girl. Heads up, an artificial intelligence tool

helped us make this episode by creating

summaries that were based on WSJ reporting and then reviewed and adapted by an editor. We'll have

more coverage of the day's news on the WSJ's What's News podcast. You can add it to your playlist on

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