Erica Herskowitz

Authorities say a Madrid-bound train derailed and crossed over the opposite tracks, hitting an oncoming train.

Most of the dead and injured were on the second train.

Spain's Prime Minister Pedro Sanchez at the site of the crash offered support to the families of the victims.

Spain's Prime Minister Pedro Sanchez.

Top Iranian officials are calling for leniency and compassion for some of the protesters arrested during the latest wave of unrest.

Nearly 3,500 people have been killed in the Islamic Republic's crackdown on the protests, according to rights groups, and almost 25,000 people have been arrested.

Iran's police chief says his forces will pursue the rioters and terrorists to the very last person and promised severe punishment for leaders and instigators of the protests.

It's the end of the line for Buffalo Bills head coach Sean McDermott.

He was fired today after nine seasons at the helm and two days after the Bills' overtime loss to Denver in their divisional playoff game.

Meanwhile, tickets for tonight's college football national championship game between Miami and Indiana are skyrocketing.

Bloomberg's Monica Ricks has the details.

Indiana and Miami kick off at 6 30 eastern.

That's news when you want it with Bloomberg News Now.

I'm Erica Herskowitz and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Erica Herskowitz.

German Chancellor Friedrich Merz indicated Germany is less willing than France to unleash the European Union's strongest trade countermeasure in response, but would back its deployment if necessary.

This after Germany's finance chief said President Trump has reached a red line with his threat to hit NATO allies with additional tariffs for opposing his bid to annex Greenland.

The EU is discussing imposing tariffs on more than $108 million worth of U.S.

goods if Trump follows through on his threat.