Iran Officials Pessimistic, Trump Reacts to UK Terror Plot, More

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James Reed 0:00
Building a successful business is hard. Building one that lasts is even harder. The jobs market is tough. Industries are evolving. AI is advancing. How do you adapt and stay ahead? I'm James Reid, chairman and CEO of Reid and host of the All About Business podcast. Every Monday, I sit down with founders, CEOs, and entrepreneurs who've built extraordinary businesses, the people who get things done. I asked them about the decisions that mattered, the risks they took, the mistakes they made, and what they'd tell you to do differently. Whether you're building a business, leading a team, or simply fascinated by how successful people think, you'll hear honest conversations about the good, the bad, and the ugly of building something that lasts.
James Reed 0:45
If you want top insights and actionable advice to apply to your career or business venture, listen to James Reid All About Business. Listen on Apple, Spotify, YouTube, or wherever you get your podcasts. See you next time.
Karen Moskow 1:02
News when you want
Alexis Christoforou 1:04
it with Bloomberg News Now. I'm Karen Moscow. And I'm Alexis Christophorus. Here are the stories we're following today.

Why are Iranian officials pessimistic about a U.S.-Iran deal and reopening the Strait of Hormuz?

Karen Moskow 1:11
All right, Alexis, we begin with a lack of progress in U.S. Iran talks. Iranian officials have privately expressed pessimism about reaching a deal to end and reopen the Strait of Hormuz before U.S. midterm elections in November. We get more from Bloomberg Middle East correspondent Abir Abu Omar in Dubai.
Abir Abu Omar 1:26
You're looking at where diplomacy stands right now, and it's pretty much the same position that it was at over the past few months, really, with no end in sight, really, for this war. We have some signs to suggest that both of them are willing to come back to the negotiating table. But really, at this point, it's a question of who blinks first and who kind of succumbs, for lack of a better word, to the other's asks.
Karen Moskow 1:50
And that's more to be Rabu Omar, who reports that a U.S.

Why is Trump criticizing the U.K. over suspects in an alleged RAF base terror plot?

Karen Moskow 1:53
official is saying there will not be a pact with Iran unless issues regarding the country's nuclear program are addressed.
Alexis Christoforou 1:59
And President Trump is criticizing the U.K.' 's decision to release five men held on bail over an alleged terror plot against a Royal Air Force base. Let's get the latest now from Bloomberg's Ewan Potts in Europe. Ewan, good morning.
Ewan Potts 2:12
Alexis and Karen, the release of the suspects arrested over the weekend has sowed confusion about an incident that authorities had described as a serious attempted attack disrupted at a late stage. The Royal Air Force Base in the west of England is a key launching pad for US airstrikes on Iran. But according to a British official, no viable explosives were found at the scene of the men's arrest. The chief of counter-terrorism policing says that the men remain under investigation and multiple lines of inquiry are still ongoing. In Brussels, I'm Ewan Potts, Bloomberg Radio.

What Canadian products are affected by the latest U.S.-Canada trade restrictions?

Karen Moskow 2:47
All right, Ewan, thank you. Now to the latest on the trade war between the U.S. and Canada. A U.S. import ban on a select number of Canadian products is officially in effect. The Trump administration's latest trade restrictions block imports of motorcycles, alcoholic beverages and whey products from Canada in response to retaliatory tariffs imposed by Prime Minister Mark Carney's government on some U.S. goods. The trade affected by the new import bans is relatively small, about $1 billion. The U.S.

What is Trump’s America.gov launch, and which tech leaders are attending?

Karen Moskow 3:13
and Canada exchanged almost $900 billion in goods and services in 2025.
Alexis Christoforou 3:19
And Karen, in Washington, President Trump is set to host a lunch meeting with tech and AI leaders today to launch a new government website, America.gov. Bloomberg's Amy Morris reports from our nation's capital.
Amy Morris 3:30
Anthropic CEO Dario Amadei is reportedly among the AI executives expected to attend the lunch meeting with President Trump. Semaphore reports Google CEO Sundar Pichai and Meta's Mark Zuckerberg will also attend. A White House official says the new America.gov website is designed to help Americans access federal information and resources. The event will include panel discussions on AI, energy dominance, health, space, and agriculture.

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