Loading summary
Dave Anthony
There's optimism about a deal with Iran. I'm Dave Anthony. FOX News takes a little while to hear back. So we have what I think is a pretty solid thing on the table in terms of their ability to open up the straits. Get the straits open. That's Secretary of State Marco Rubio in India. But President Trump says there's no rush.
Kayleigh McEnany
A senior administration official tells our Kayleigh McEnany the President's instinct is to give Iran up to a week to make a deal. That US Official saying there is a framework and that talks are 95% there. President Trump saying in part on Truth Social the negotiations are proceeding in an orderly and constructive manner. And I have informed my representatives not to rush into a deal in that time is on our side. The blockade in the Strait of Hormuz will remain in full force and effect until an agreement is reached, certified and signed.
Dave Anthony
That's Fox's Madeleine Rivera. Oil prices down about 5% on news of a possible deal with Iran. About 50,000 people in and around Garden Grove, California are out of their homes and will remain evacuated until the risk of a chemical storage tank exploding.
Madeleine Rivera
Fire officials say they found a crack in the tank. While it's a sign that the tank is structurally failing, fire officials say it's also relieving pressure inside. The tank contains methyl methacrylate used to manufacture acrylic plastics like plexiglass. The chemical is highly flammable and the tank in question currently holds about 7,000 gallons of it. Firefighters have been trying to lower the temperature of the overheated tank by pouring water on it.
Dave Anthony
Fox's Max Gordon in la. It's Memorial Day and there will be parades and tributes to Americans killed serving their country. They paid tribute to Kyle Busch at the Indianapolis 500 and Coca Cola 600 days after the NASCAR driver died. And in the races, Felix Rosenquist won the closest finish in Indy history by two hundredths of a second and tells Fox it's a massive win for me. But to do it here at Indy in front of this magical set, all these fans. Daniel Suarez won the NASCAR race in Charlotte. America's listening to Fox News.
Oracle NetSuite Announcer
Every business is asking the same question. How do we make AI work for us? No more waiting with Netsuite by Oracle. You can put AI to work today. NetSuite is the 1 AI Cloud ERP trusted by over 43,000 businesses across almost every industry. It's the unified suite that brings your financials, inventory, commerce, HR and CRM into a single source of truth. That connected data is what makes your AI smarter, helping you make decisions that count. Get our free business guide demystifying AI@netsuite.com
Dave Anthony
Fox Pope Leo has become the first in Vatican history to apologize for slavery and the role the Catholic Church played legitimizing slavery, failing to condemn it, calling it a wound in Christian memory. That just came out in what's called the encyclical.
Jonathan Savage
And Leo is leaving us in no doubt with the title Magnifica humanitas on the protection of human dignity in the age of artificial intelligence. The pope will be joined by the founder of AI firm Anthropic Christopher Ola. The pontiff will likely caution against the technology's use in warfare, but also cover other areas like workers rights. Jonathan Savage, FOX News on Wall Street.
Dave Anthony
There will be no trading on Memorial Day after gains last week lifted the Dow to a record high close Friday. The pre order is already sold out and there's a wait list for the last four packs of Schlitz that'll soon be canned in Wisconsin and then we'll be out of beer.
Paul Stevens
A lot of folks can probably still sing that jingle.
Dave Anthony
There's just one Schl. Yeah, yeah. Nothing else comes near. When you're out of Schlitz, you're out of beer.
Paul Stevens
The Wisconsin Brewing Company has brewed one final 80 barrel batch of Schlitz beer which is now gone after a decades long decline starting with a cost cutting formula change back in the 1970s. The Joseph Schlitz Brewing Co. Founded in Milwaukee in 1849, made Schlitz one of America's dominant beer brands during the 20th century using the slogan the beer that made Milwaukee famous. But sales of Schlitz steadily declined starting in the 1970s. Paul Stevens, Fox News in the NBA
Dave Anthony
playoffs, the spurs get even. I think he's gonna go. I think he's gonna go from mid court. Victor Weana's half court shot ended the first half and he led San Antonio with 33 points, routing Oklahoma City 103 82. On NBC tying the Western Conference finals with the Defending champion Thunder two games a piece on the ice, Vegas beat Colorado 53 to take a 3 nothing lead in the NHL Western Conference Final. I'm Dave Anthony. This is FOX News. Craving something specific from global flavors to viral snacks, TikTok has it all. If you can dream it, you can
Madeleine Rivera
make it right at home.
Dave Anthony
Find your next favorite dish on TikTok.
This Fox News Hourly Update delivers concise reporting on major overnight and early morning stories, covering international diplomacy with Iran, a hazardous chemical emergency in California, Memorial Day tributes and sports highlights, a historical Vatican apology, Schlitz beer’s nostalgic farewell, and the latest scores in the NBA and NHL playoffs.
"We have what I think is a pretty solid thing on the table in terms of their ability to open up the straits." – Secretary of State Marco Rubio ([00:08])
"The negotiations are proceeding in an orderly and constructive manner. And I have informed my representatives not to rush into a deal and that time is on our side." – President Trump via Truth Social (as reported by Kayleigh McEnany, [00:31])
"Fire officials say they found a crack in the tank. While it's a sign that the tank is structurally failing, fire officials say it's also relieving pressure inside." – Madeleine Rivera ([01:06])
"It's a massive win for me. But to do it here at Indy in front of this magical set, all these fans..." – Felix Rosenquist ([01:45])
"Leo is leaving us in no doubt with the title Magnifica Humanitas on the protection of human dignity in the age of artificial intelligence." – Jonathan Savage ([02:54])
"There's just one Schl. Yeah, yeah. Nothing else comes near. When you're out of Schlitz, you're out of beer." – Dave Anthony ([03:35])
On Diplomatic Caution:
“Time is on our side. The blockade in the Strait of Hormuz will remain in full force and effect until an agreement is reached, certified and signed.”
– President Trump (quoted by Kayleigh McEnany, [00:37])
On Chemical Risks:
“Firefighters have been trying to lower the temperature of the overheated tank by pouring water on it.”
– Madeleine Rivera ([01:27])
On the Vatican’s Milestone:
“Pope Leo has become the first in Vatican history to apologize for slavery and the role the Catholic Church played legitimizing slavery, failing to condemn it, calling it a wound in Christian memory.”
– Dave Anthony ([02:37])
On Beer Nostalgia:
“When you’re out of Schlitz, you’re out of beer.”
– Dave Anthony ([03:39])
For listeners on the go:
This episode delivers a brisk panorama of global politics, local emergencies, cultural moments, and sports drama—pairing breaking news with compelling sound bites and memorable highlights from FOX News’ fast-moving newscast.