Alex Ossola

And the German pharmaceutical and agriculture conglomerate Bayer has proposed settling a class-action lawsuit to resolve claims that its flagship herbicide, Roundup, causes cancer.

The settlement plan includes more than $7 billion to fund payments over 21 years.

This morning, we told you about how New York City Mayor Zoran Mamdani had to present a budget for the coming fiscal year.

Today, he warned that a nearly 10 percent increase in property taxes may be needed.

His first choice is to raise taxes for rich corporations and individuals.

But doing that requires approval from the state legislature and governor.

New York Governor Kathy Hochul has opposed raising taxes.

But Mamdani and the city council don't need the governor's approval to raise property taxes.

The mayor's office says a property tax hike would affect 3 million residential units and over 100,000 commercial buildings.

Coming up, the latest on talks between the U.S.

and Iran, what's behind widespread hunger in Congo, and more international news after the break.

U.S.

and Iranian officials met in Geneva today for diplomatic talks.

They said the talks made progress after Tehran indicated it was willing to compromise around the edges of its nuclear program.

But the regime also sent a veiled threat carrying out military exercises in the Strait of Hormuz.

President Trump has repeatedly said he wants a deal that ensures Iran won't get a nuclear weapon while he deploys American forces to the region in case there's no agreement.

Journal reporter Lawrence Norman, who is in Geneva, says Tehran isn't showing that it's willing to compromise on key points.

In other international news, India's Coast Guard has seized three tankers sanctioned by the U.S.

The tankers are now anchored off Mumbai and are under investigation.

Analysts said the seizures show that relations between New Delhi and Washington are improving.