Doug Krisner

The CEO of United Airlines has floated a possible combination with American Airlines.

We were told Scott Kirby has pitched the idea to senior government officials, although it's unclear if any overtures have been made or if an actual process is underway.

Now, a combination of United and American would create the largest airline on the planet.

And that is news when you want it with Bloomberg News Now.

I'm Doug Krisner and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Doug Krisner.

California Democrat Eric Swalwell says he plans to resign his seat in Congress.

Swalwell's resignation follows a report of him allegedly committing sexual assault on a former staffer.

And a separate report cited four women who described Swalwell committing sexual misconduct.

Now, Manhattan prosecutors had opened a criminal investigation into these allegations, which Swalwell denied.

And on Monday, the House Ethics Committee announced it had started a separate probe.

On Sunday, Swalwell abandoned his campaign for governor of California.

Just weeks ago, he had been polling among the top Democrats to succeed Gavin Newsom.

At the same time, Texas Republican Congressman Tony Gonzalez said that he plans to retire from the House on Tuesday.

Now, this announcement comes weeks after Gonzalez admitted to having an affair with a staff member who later killed herself.

There was a growing bipartisan outcry in the House for Gonzalez to resign.

President Trump's naval blockade of the Strait of Hormuz is underway.

It cuts off vessels from transiting the vital waterway to and from Iranian ports and coastal areas.

Now, this move came in response to failed negotiations over the weekend between the U.S.