Alex Ossola

General Mills says weight loss drugs are changing how it does business.

At an industry conference today, the cereal maker's CEO said it's planning new products packed with protein and fiber, as well as smaller package sizes.

Earlier today, the company cut its sales and profit outlook for the year.

Shares fell 7%.

while shares of TripAdvisor rose 9.7% on activist investor Starbird Values' plans to push for a shakeup of its board.

Starbird has been saying TripAdvisor should consider selling some or all of the company.

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.