Monica Ricks
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It's been slow going, but roughly a quarter of oil tankers stranded in the Strait of Hormuz have made it out.
Bloomberg's Charlie Pellett has details.
A top American military officer held an unusual meeting with Cuban commanders at Guantanamo Bay this week as the Trump administration continues a virtual blockade of the island nation and demands drastic reforms from its communist government.
Military officials didn't elaborate on the visit, but reportedly conducted security assessments of the naval base and discussed force protection, safety of service members and their families, and operational readiness with base officials.
The Trump administration says it plans to appeal a judge's authority to order across-the-board refunds of all tariffs ruled illegal by the U.S.
Supreme Court.
Customs and Border Protection launched a refund portal back in April to pay back most of the $166 billion in tariffs, but the system didn't allow all importers to recover duties.
Officials had suggested that the government only needed to refund importers who sued.
Meta and Google have now agreed to pay about $27 million to settle a lawsuit with a Kentucky school district that claims their addictive platforms drained resources by creating a mental health crisis.
Bloomberg's Ed Kalecki reports.
Anthropic updated its warning about secondary markets for its shares, cutting the number of unauthorized platforms by half.
After its initial notice yesterday caused panic among investors and pushback from the companies it named.
The company's since whittled down that list to four firms, Open Door Partners, Unicorns Exchange, Pachamama, and Up Market for violating stock transfer restrictions.
It says any sales or transfers from these firms will be void.
Blue Origin is still assessing damage in Florida where its new Glenn rocket exploded during an engine firing test Thursday.
Former astronaut Susan Kilrain.
Blue Origin plans to use that rocket to shuttle equipment and landers to the moon for NASA.
But the company's warning residents now not to touch any wreckage if it washes ashore.
And that's news when you want it with Bloomberg News Now.
I'm Monica Ricks.