Is this a ceasefire in name only? What does “ceasefire” even mean? 

After extending the ceasefire with Iran, Donald Trump is threatening “shoot to kill” in the Strait of Hormuz as Iran seizes ships and commercial vessels come under fire. Scott Galloway and Jessica Tarlov break down how close we are to open conflict, what the Secretary of the Navy’s firing means, and what happens if global oil shipments become even more incapacitated. 

Plus: Scott and Jessica talk about the potential government bailout for Spirit Airlines, discussing how this move would evade corporate bankruptcy laws and amount to cronyism. And, with Tim Cook’s announcement that he will step down as CEO, what comes next for Apple in the Trump era?

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