Latest details as Iran hits ships in Strait of Hormuz

U.S. Navy Secretary John Phelan is out, effective immediately, the Pentagon said. It’s the latest departure of a top defense leader as the U.S. and Iran fight for control of the Strait of Hormuz. Charlie D’Agata reports.

CBS News Radio flashback: 1932 Republican National Convention

With CBS News Radio shutting down in May, “The Takeout” is paying tribute to the nearly 100-year-old institution. CBS News chief Washington correspondent Major Garrett introduces a clip from 1932 featuring the first-ever radio broadcast of a national political party convention.

What we know about Trump administration’s possible Spirit bailout

The Trump administration is in advanced discussions with Spirit Airlines about a possible bailout. The budget carrier has struggled to stay afloat due to rising jet fuel prices, growing labor costs and operational issues. CBS News senior transportation correspondent Kris Van Cleave has the latest.