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Paramount settles with CA, Newsom AI panel, OC Supervisor Katrina Foley and more
The Paramount logo is displayed at Columbia Square along Sunset Boulevard in Hollywood, Calif. on March 9, 2023.
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Patrick T. Fallon
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Getty Images
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Jump to
- Paramount and states reach agreement over antitrust lawsuit
- Gov. Newsom issues AI safety executive order
- SoCal History: Spanish missions
- Why the Federal Reserve raised interest rates for the first time in 3 years
- OC Supervisor Katrina Foley runs to defend her District 5 seat
- Should parents give relationship advice to their kids?
Today's show: AirTalk host Larry Mantle discusses Paramount's settlement with CA, Newsom AI safeguards, history of Spanish missions, the latest federal reserve hike, OC Supervisor Katrina Foley and relationship advice from parents.
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Paramount and states reach agreement over antitrust lawsuit
The topic:
Multiple news outlets are reporting that Paramount has reached an agreement with a consortium of states that had sued the company on antitrust grounds to stop its purchase of competitor Warner Bros. Discovery.
The latest: The deal is said to have come about over the weekend after four holdout states agreed to a deal laid out by California. Among the terms said to be included is a financial penalty if the merged company does not distribute at least 30 films in theaters each year.
Background: Paramount had an Oct. 1 deadline to close its acquisition of WBD before a $7 million per day fee came into effect, with the fees owed to WBD shareholders. California Attorney General Rob Bonta, along with 11 other states, filed an antitrust lawsuit to stop the $110 billion merger in July. Last week, concerns surfaced that Paramount was seriously weighing leaving California altogether over the lawsuit.
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Guest:
- Erik Larson, legal reporter for Bloomberg News
Gov. Newsom issues AI safety executive order
California Gov. Gavin Newsom during a news conference in Sacramento, Calif., Friday, May 13, 2022.
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Rich Pedroncelli
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AP
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The topic:
Amid growing anxiety over the risks posed by rapidly developing artificial intelligence technology, Gov. Gavin Newsom signed an executive order last week to accelerate implementation of a California law that calls for independent oversight of AI companies.
Kill Switch: The order calls for a government operations agency to serve as an oversight committee and consultant body to the Governor’s office, which would include the creation of a “kill switch" for frontier AI models created by tech companies. Newsom’s move comes after a bipartisan group of congressional leaders in California called for a way to quickly power down AI systems.
Guest:
- Dylan Freedman, AI projects editor for the New York Times
SoCal History: Spanish missions
The Spanish mission stands under a blue sky on July 9, 2014 in Santa Barbara, California.
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Sean Gallup
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Getty Images
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The topic:
Spanish missions across California serve as some of the oldest-standing buildings today. Serving as a remnant of Spanish colonization, these buildings were once home to missionaries seeking to convert the local indigenous population to Catholicism. For this week’s SoCal History, we dig into these historical spaces, their significance in the state’s history and their complicated legacy.
How many still exist? California has 21 Spanish missions, built between the late 18th century and the early 19th century.
Who is Junípero Serra? The Spanish missionary and priest helped found many missions in Southern California. The Catholic Church canonized him in 2015, a controversy that led to protests from the local indigenous community and other critics.
Join the conversation: How’d you learn about California missions and their legacies? Have you visited them in person? Did you build models of them in school? Did your understanding of them change as you got older? Give us a call at (866) 893-5722 or email us at atcomments@laist.com.
Guest:
- Steve Hackel, professor of history at the University of California, Riverside (UCR), where he specializes in early American history, colonial California and the Spanish Borderlands
Why the Federal Reserve raised interest rates for the first time in 3 years
Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters.
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Win McNamee
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Getty Images
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The topic:
The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quellstubbornly high inflation. The central bank signaled another rate hike could occur later this year. Today on AirTalk, we look at the cause and effects of the hike.
The new floor: The quarter-point increase lifts the Fed’s key rate to about 3.9% and, over time, could result inhigher borrowing costs for mortgages, auto loans and credit cards. In a set of quarterly projections, the Fed also signaled its rate-setting committee could raise it a second time to 4.1%.
Midterms looming: The move comes as Americans are already struggling with high costs forgroceries,gas andhousing. Affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away. It adds another potentially dicey economic variable for Republicans and President Donald Trump, who blasted the decision and accused the Fed’s top policymakers of trying to hurt him politically.
With files from the Associated Press
Guests:
- Ann Saphir, Reuters reporter covering the Federal Reserve and the U.S. economy
- Chris Thornberg, economist and founding partner at Beacon Economics
OC Supervisor Katrina Foley runs to defend her District 5 seat
Orange County Supervisor Katrina Foley at the Board of Supervisors meeting on Thursday, Aug. 27, 2024.
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Brian Feinzimer
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LAist
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The topic:
The June primary saw a tight race between OC District 5 Supervisor incumbent, Katrina Foley, and opponent California State Assemblymember, Diane Dixon. Vice Chair Foley led by fewer than a thousand votes. Larry Mantle speaks with Foley about her re-election campaign and what issues are most affecting District 5 constituents.
Foley’s background: Foley first became an OC Supervisor for District 2 in 2021, and won her current seat in 2022 after the District 5 map was redrawn. She has also served as the Mayor of Costa Mesa, part of District 5.
Recent issues: Foley and District 5 have been flooding the headlines recently due to coastal damage and the anticipation of El Nino. Foley has pushed for more resources to aid in future damage. The District is also preparing for the 2028 Olympics, but Foley has been blamed for the delay in Dana Point’s Harbor Hotel development.
We have reached out to Diane Dixon’s team to set up an interview but have yet to hear a response. Our invitation remains open.
Guest:
- Katrina Foley, vice chair of the Board of Supervisors for Orange County and OC Supervisor for District 5, which includes Costa Mesa, Irvine, Newport Beach, Laguna Beach, Dana Point, San Clemente and Rancho Santa Margarita
Should parents give relationship advice to their kids?
How often do your parents offer relationship advice?
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Goran13
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iStockphoto
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The topic:
No one likes feeling judged, especially when it comes to how someone leads their romantic life. And yet at the same time we rely on our closest peers to set us straight when we're out of line. So how can parents weigh in on their kids' relationships without crossing a line?
The question: As a parent, should you even weigh in on your kid's relationship, knowing your advice may not be received well? The problems you may see in their relationship may not be problems at all to your child, and you may risk pushing them and their partner away for the long term.
But: Sometimes someone is genuinely in a relationship that just isn't right for them, or there's a problem so clear and so fixable that it's odd the person hasn't pursued a solution.
Join the conversation: How do you navigate when to and not to weigh in on your kid's romantic life? Have you ever gotten really good relationship advice from a parent? Give us a call at (866) 893-5722 or you can email us at atcomments@laist.com.
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LAist sat down with the general manager of Keno's Restaurant in Anaheim Hills, where you can find a 15-pound burrito or a 32-ounce Tomahawk steak. -
Today on AirTalk: Ed Sheeran controversy, getting back with exes, Keno’s Restaurant, FilmWeek and TIFF's biggest releases. -
Today on AirTalk: Paramount's potential exit from CA, Insurance Commissioner candidates, L.A. City Attorney candidate John McKinney, American Idol's move and TV Talk.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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