Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart.

(2) The world’s top oil traders warned that the ongoing closure of the Strait of Hormuz is increasing the risk of a global recession as fuel demand takes a hit.

(3) Forty-eight hours of brutal public inquiry into Keir Starmer’s judgement have left the prime minister looking increasingly like a leader on his way out.

(4) The biggest question facing Kevin Warsh was answered before he even reached the committee room Tuesday when President Donald Trump doubled down on a criminal probe that is effectively blocking his own nominee from taking over at the Federal Reserve.

(5) A small group of unauthorized users have accessed Anthropic PBC’s new Mythos AI model, a technology that the company says is so powerful it can enable dangerous cyberattacks, according to a person familiar with the matter and documentation viewed by Bloomberg News.

(6) The Gates Foundation said it is awaiting findings from a review of its past interactions with Jeffrey Epstein amid public scrutiny of co-founder Bill Gates’ ties to the disgraced financier.

(7) Audi has lost its way, and nowhere is the problem bigger than in China. Audi’s decline is emblematic of the existential crisis foreign brands face in the world’s largest car market, where consumers are shifting to local manufacturers led by BYD and Geely Automobile.

Podcast Conversation: Ferrari Sets Price for First Electric Car at Around €550,000

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Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Apple Chief Executive Officer Tim Cook will hand the reins to hardware boss John Ternus later this year, capping a 15-year tenure that turned the company into a $4 trillion business spanning watches, video streaming and financial services.

(2) Keir Starmer did what he could to get through a parliamentary showdown over his handling of the Peter Mandelson scandal. His fate may now rest with a bureaucrat little known outside Westminster.

(3) President Donald Trump said he’s not likely to extend the two-week ceasefire with Iran, increasing the urgency for negotiators to conclude a deal to end the war.

(4) European Central Bank President Christine Lagarde said two main factors around the Iran war are hampering efforts to map out a monetary-policy response.

(5) Chancellor Friedrich Merz said his government rejects “hostile and aggressive tactics” in Germany’s banking industry after Commerzbank AG formally rejected UniCredit SpA’s takeover bid.

(6) Elon Musk snubbed a summons by French prosecutors investigating how AI chatbot Grok was allowed to spew out sexually explicit deepfakes and Holocaust-denying content, according to Agence France-Presse.

Podcast Conversation: The Best films, TV, Books, Art and Theater Arriving in May

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Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) President Donald Trump and Iranian officials offered disparate views on the next stage of the war, casting uncertainty over whether the two sides would meet for peace talks with a ceasefire set to expire in the coming days.

(2) Oil and natural gas prices soared after the US Navy seized an Iranian ship during a chaotic weekend that saw Tehran firing at vessels and reimposing controls in the Strait of Hormuz.

(3) The United Arab Emirates has begun talks with the US about a financial backstop in case the Iran war plunges the country into further crisis, the Wall Street Journal reported, citing US officials it didn’t identify.

(4) Keir Starmer is preparing for a showdown with the senior official he fired over the appointment of Peter Mandelson as US ambassador, as calls for the prime minister to resign grow.

(5) Former President Rumen Radev, who opposes sanctions on Russia and military aid for Ukraine, claimed an overwhelming victory in Bulgaria’s election and pledged to turn the page on years of political gridlock and corruption.

(6) Hungary’s outgoing government signaled it’s ready to unblock the European Union’s €90 billion ($106 billion) loan to Ukraine as soon as this week just as the new leadership in Budapest kicked off intensive talks with Brussels to tap its own stalled funding.

(7) Nearly a decade since the first investigations began, Nordic banks are only now emerging from the shadow of a $230 billion money-laundering scandal linked to Russia.

Podcast Conversation: Bands are Engineering Sold-Out Shows to Create More Demand

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