This topic features Trump's claim of a largely negotiated Iran deal to reopen the Strait of Hormuz, US warnings to Japan of Tomahawk delivery delays due to the Iran war, US and Iran moving closer to a 60-day ceasefire, Pakistan's army chief visiting Tehran to push for the deal, US oil producers increasing output due to the conflict, and **the risks associated with Iran’s threat to control the Strait of Hormuz**.

• Trump claims deal with Iran to reopen Strait of Hormuz ‘largely negotiated’ — Financial Times -
• US warns Japan of severe delays in Tomahawk deliveries due to Iran war — Financial Times -
• US and Iran move closer to extending ceasefire by 60 days, say mediators — Financial Times -

• Pakistan army chief visits Tehran in push for US-Iran deal — Financial Times -
• US oil producers increase output to capture price surge from Iran war — Financial Times -
• The Risks of Iran’s Threat to Control the Strait of Hormuz — The New York Times Business -

This topic highlights **Venture Capitalist John Doerr's view of AI as the biggest tech ‘tsunami’, the upcoming IPOs of SpaceX, OpenAI and Anthropic testing the AI boom's limits, the Big Tech’s giant IPO bake-off, how AI revolution has turbocharged M&A, the emergence of a new Luddite movement concerned about AI, and SpaceX's successful Starship launch** in a pre-IPO test.

• Venture Capitalist John Doerr Says AI Is the Biggest Tech ‘Tsunami’ Ever — Wall Street Journal -
• SpaceX, OpenAI and Anthropic IPOs set to test limits of AI boom — Financial Times -
• Get ready to take sides in Big Tech’s giant IPO bake-off — Financial Times -

• How the AI revolution has turbocharged M&A — Financial Times -
• The new Luddite movement — Financial Times -
• SpaceX launches redesigned Starship in successful pre-IPO test — Financial Times -

This topic covers **Delivery Hero revealing Uber's €10bn takeover bid, the reasons why the dream of the feel-good millennial brand didn’t last, the growing openness to lending money to friends, the passing of Nobel-winning economist Edmund Phelps, China Inc going shopping for western consumer brands, strategies for mortgage splits, bond slump stirring vigilante fears, questions of who wins a trade war, and India's fast grocery delivery innovations**.

• Delivery Hero reveals Uber takeover bid at €10bn valuation — Financial Times -
• Why the Dream of the Feel-Good Millennial Brand Didn’t Last — Wall Street Journal -
• Should You Lend Money to Friends? More People Are Open to the Arrangement. — The New York Times Business -

• Bond slump stirs vigilante fears — Financial Times -
• Edmund Phelps, Nobel-winning economist, 1933-2026 — Financial Times -
• China Inc goes shopping for western consumer brands — Financial Times -
• Time to ‘do the splits’ on your mortgage? — Financial Times -
• No one wins a trade war. Or do they? — Financial Times -
• In India, You Can Get Milk Delivered Faster Than It Takes to Make Coffee — Wall Street Journal -

This topic includes a hot IPO lifting geothermal power companies, Britain curbing electricity trading after straining Europe’s power grids, and concerns over a GKN Aerospace California plant at risk of exploding.

• A Hot IPO Lifts Geothermal Power Companies — Wall Street Journal -
• Britain curbs electricity trading after straining Europe’s power grids — Financial Times -
• What is GKN Aerospace, the Company Whose California Plant Is at Risk of Exploding? — The New York Times Business -

This topic explores takeaways from a Times investigation on autism therapy clinics and how autism clinics squeeze Medicaid dollars, alongside positive news that US crime and mortality is declining fast.

• 5 Takeaways From a Times Investigation on Autism Therapy Clinics — The New York Times Business -
• Short Naps, Long Hours: How Autism Clinics Squeeze Medicaid Dollars Out of Preschoolers — The New York Times Business -
• US crime and mortality is declining fast — what can the rest of us learn? — Financial Times -

This topic covers Marco Rubio combating Cuban-American backlash as he seeks a Havana deal, Andy Burnham kicking off a campaign with Starmer fighting to stay in the game, and **Mexico’s World Cup being haunted by 130,000 ‘disappeared’ people**.

• Marco Rubio combats Cuban-American backlash as he seeks Havana deal — Financial Times -
• As Burnham kicks off campaign, Starmer fights to stay in the game — Financial Times -
• Mexico’s World Cup haunted by 130,000 ‘disappeared’ people — Financial Times -

This topic features a News Quiz for May 23, 2026, **the $255 beach shade dividing America’s coastal towns, Boards of Canada fusing esoteric knowledge and science on Inferno, European and UK temperatures swinging by 15C with a 'whiplash' effect, and the blissful Italian lake hidden in Como’s shadow**.

• News Quiz for May 23, 2026 — Wall Street Journal -
• The $255 Beach Shade Dividing America’s Coastal Towns — Wall Street Journal -
• Boards of Canada fuse esoteric knowledge and science on Inferno — Financial Times -

• European and UK temperatures swing by as much as 15C as ‘whiplash’ hits — Financial Times -
• The blissful Italian lake hidden in Como’s shadow — Financial Times -