In a world full of noise, long-term thinking stands out.

On the Capital Ideas podcast, Capital Group Leaders explore the decisions that matter most

in investing, leadership, and life.

It's a rare look inside a firm that's been helping people pursue their financial goals for more than 90 years.

Listen to the Capital Ideas podcast from Capital Group, published by Capital Client Group, Inc.

President Trump announces billions of dollars in aid for U.S. farmers.

Plus, Paramount launches a hostile takeover bid for Warner Brothers Discovery.

And why pharma companies are building websites so patients can buy drugs straight from them.

There is a segment of patients that just either doesn't have insurance or doesn't have great insurance.

And so sometimes it's to their advantage for the companies to offer those patients a significant cash discount

because otherwise they might not even get their business at all.

It's Monday, December 8th.

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

This is the PM edition of What's News, the top headlines and business stories

that move the world today.

Berkshire Hathaway is losing one of its top stars in Todd Combs, who led the turnaround of the

company's GEICO auto insurance arm. Combs is leaving for J.P. Morgan Chase,

as Berkshire prepares for a new era without CEO Warren Buffett, who's retiring at the end of the year.

Berkshire stock has dropped nearly 8% since Buffett said he would step down as CEO.

Paramount has launched a nearly $78 billion hostile takeover offer for Warner Brothers Discovery,

taking its case directly to shareholders just a few days after Warner agreed to a $72 billion deal with Netflix.

Paramount argues that its offer is a better deal for shareholders and is more likely to win approval from regulators.

...