The US presented a one-page memorandum of understanding to Iran that would gradually reopen the Strait of Hormuz and lift the American blockade on Iranian ports, according to a person familiar with the measure. Bloomberg's Joumanna Bercetche reports.
Citigroup issued new guidance showing it would take the lender more time to catch up to Wall Street peers than some investors hoped for. Sridhar Natarajan reports.
German Foreign Minister Johann Wadephul discusses Chancellor Friedrich Merz's clash with US President Donald Trump. He talks with Bloomberg News Editor-in-Chief John Micklethwait in Berlin.
Allentown is a unique logistics and e-commerce hub. Mayor Matthew Tuerk talks about the city's grand strategy for building back and sustaining its manufacturing base, implementing industrial policy on a local level. He speaks on Odd Lots.
Alex Rodriguez and Jason Kelly talk with AJ Andrews on baseball’s momentum, softball’s growth, and why storytelling and authenticity are key to building the next generation of fans.
