Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Oil surges as Saudi Arabia goes it alone with a one million barrel supply cut.

(2) Reports from the WSJ suggest the US could raise capital requirements by 20% for large lenders.

(3) The UK widens its lead as Europe's favored destination for FDI in the financial sector.

(4) Morgan Stanley warns a 16% drop in US profits will kill the American equity rally.

(5) Workers tell Bloomberg that ending hybrid working is a deal breaker.