5/1: The Takeout with Major Garrett
Spirit Airlines prepares to end operations after failing to secure government rescue deal; Trump tells Congress hostilities in Iran have "terminated."
Watch CBS News
Spirit Airlines prepares to end operations after failing to secure government rescue deal; Trump tells Congress hostilities in Iran have "terminated."
Spirit Airlines may cease operations as soon as Saturday after negotiations over a government aid package stalled. CBS News travel editor Peter Greenberg explains what it looks like when an air carrier shuts down.
Spirit Airlines could collapse before Saturday, CBS News has learned. Kris Van Cleave has the latest.
Spirit Airlines has only days of cash on hand to continue operations, multiple sources tell CBS News. Kris Van Cleave reports.
Sources tell CBS News that Spirit Airlines only has enough cash available on hand to operate for a matter of days and if it runs out, the budget carrier would have to cease operations. For now, Spirit continues to operate normally amid discussions over a possible government bailout. Kris Van Cleave reports.
On average, domestic airfare is up about 18% compared to last year. A key factor is the surging fuel costs for airlines amid the war with Iran. Now, several low-cost carriers have asked the government for help as they grapple with the high cost of fuel. Kris Van Cleave spoke with Southwest's CEO about the impact of fuel costs.
A group of budget airlines, including Frontier and Avelo, has asked the U.S. government for a relief package amid Spirit Airlines' negotiations for a loan, a Wall Street Journal report says. CBS News' Shanelle Kaul has more.
President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
It's not just Spirit Airlines struggling with rising fuel costs. All of the "big four" carriers, such as American, Delta, United and Southwest, reported a strong first quarter. But most of their gains were offset by the price of fueling their planes. Al Root, an associate editor at Barron's, joins "The Daily Report" to discuss.
President Trump is commenting on potential moves to bail out Spirit Airlines. CBS News' Kris Van Cleave reports.
President Trump said his administration is considering a plan to buy Spirit Airlines as it faces potential liquidation and resell it in the future when fuel prices drop. Kris Van Cleave breaks down the potential bailout.
President Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines with the intent of reselling the struggling budget carrier after oil prices drop.
Should the federal government bail out Spirit Airlines? CBS News travel editor Peter Greenberg joins "The Takeout" to take a closer look at the debate and the other possible headaches travelers could face this summer.
Sources tell CBS News the Trump administration is discussing a bailout for Spirit Airlines that could include a loan of up to $500 million. Former Trump economic adviser Stephen Moore joins "The Takeout" with his perspective.
Spirit Airlines is in advanced bailout discussions with the Trump administration, sources familiar with the negotiations told CBS News. Kris Van Cleave reports.
The Trump administration is in advanced discussions with budget carrier Spirit Airlines over a possible bailout worth up to $500 million, sources familiar with the negotiations say. Kris Van Cleave reports.
The negotiation comes after President Trump publicly said he wanted his administration to look at a rescue package for the budget carrier.
The fate of Spirit Airlines could affect ticket prices across the industry, which is why the Trump administration is considering a bailout, sources confirm. Kris Van Cleave has more details.
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.
White House press secretary Karoline Leavitt spoke to reporters on Wednesday about the Iran war, saying President Trump can be flexible while waiting for a unified proposal.
The Trump administration is having advanced discussions with Spirit Airlines about a potential bailout loan of up to $500 million in exchange for warrants that would allow the government to take an ownership stake in the company, sources tell CBS news. CBS News' Shanelle Kaul has more.
Transportation Secretary Sean Duffy spoke to CBS News' Kris Van Cleave about safety concerns and tools at U.S. airports. This comes as airlines grapple with higher fuel costs linked to the Iran war.
Transportation Secretary Sean Duffy spoke with Kris Van Cleave about artificial intelligence technology in air traffic control, and Spirit Airlines' request for a government bailout.
Transportation Secretary Sean Duffy is asking Congress for more funding to modernize the air traffic control system after a close call between two Southwest jets in Nashville. CBS News' Kris Van Cleave spoke with Duffy and asked about his plans.
Spirit executives and other low-cost carriers are expected to meet with Transportation Secretary Sean Duffy next week.
Following more attacks on tankers in the Strait of Hormuz, Trump said he'll make a "big decision" on whether to "annihilate" Iran's leadership.
Ross Douthat's interview with Patrick Clancy and his wife, Dr. Rachel Danis, airs Sunday on 60 Minutes.
President Trump said Friday that he is banning CNN, MS NOW and Politico from the White House, the latest move to target media outlets over their reporting.
The Federal Aviation Administration approved President Trump's plans for a triumphal arch across the Potomac River from Washington, D.C.
The Justice Department released a new legal opinion that concludes a federal law prohibiting firearms dealers from selling handguns to people between the ages of 18 and 20 is unconstitutional.
Duncan Sheik died on Thursday night, his family said.
The Pentagon on Friday released a new group of files about unidentified anomalous phenomena, or UAP or UFOs, including a batch of documents regarding a mysterious military program studying aerospace threats.
Princess Diana's brother claims in his book that then-Prince Charles "sounded giddily elated" right after his ex-wife died in a Paris car crash.
Inside the home, owned by Eugene Horsch and connected to his father, R.C. Horsch, authorities have found a trove of digital images, a so-called laboratory of chemicals and a small marijuana grow operation.
President Trump said Friday that he is banning CNN, MS NOW and Politico from the White House, the latest move to target media outlets over their reporting.
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
The Federal Aviation Administration approved President Trump's plans for a triumphal arch across the Potomac River from Washington, D.C.
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."
The manufacturer has received hundreds of reports of blankets "smoking, melting or burning" due to overheating, according to a recall notice.
Warren Buffett is stepping aside as Berkshire Hathaway chairman, he announced in a letter to shareholders Friday.
President Trump said Friday that he is banning CNN, MS NOW and Politico from the White House, the latest move to target media outlets over their reporting.
The Justice Department released a new legal opinion that concludes a federal law prohibiting firearms dealers from selling handguns to people between the ages of 18 and 20 is unconstitutional.
The Federal Aviation Administration approved President Trump's plans for a triumphal arch across the Potomac River from Washington, D.C.
Democratic Sen. Elissa Slotkin urged President Trump to make this issue a "centerpiece of your talks with President Xi."
The Pentagon on Friday released a new group of files about unidentified anomalous phenomena, or UAP or UFOs, including a batch of documents regarding a mysterious military program studying aerospace threats.
The twins were born in Ethiopia with a rare condition that left them joined at the head. Doctors spent a year planning a separation surgery.
Porsha Williams revealed to "CBS Mornings" co-anchor Gayle King that she had to undergo an emergency partial hysterectomy this year after doctors discovered 21 uterine fibroids
Two-year-old conjoined twin sisters saw each other face-to-face for the first time after a successful 24-hour surgery to separate them. Ian Lee reports from the children's hospital in St. Louis, where it happened.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
Trump touts "major progress" on plans for a permanent U.S. Army base in Poland as the country's leader warns Russia's war on Ukraine could hit NATO soil.
Princess Diana's brother claims in his book that then-Prince Charles "sounded giddily elated" right after his ex-wife died in a Paris car crash.
German Chancellor Friedrich Merz is facing a "crisis of authority and leadership" as immigration concerns fuel a far-right rise.
Following more attacks on tankers in the Strait of Hormuz, Trump said he'll make a "big decision" on whether to "annihilate" Iran's leadership.
Duncan Sheik died on Thursday night, his family said.
The brother of the late Princess Diana claims in his upcoming book that then Prince Charles seemed "upbeat" right after his ex-wife died in a Paris car crash in 1997. When asked about these allegations, Buckingham Palace referred to a statement it released earlier this week saying that the king "is mindful that the pain of fraternal grief can cloud reason, affect judgement and colour memory, even many years after such a loss." Watch more of Charles Spencer's conversation with Mark Phillips on "CBS Sunday Morning."
Princess Diana's brother, Earl Charles Spencer, makes stunning allegations in a new memoir against then-Prince Charles, now King Charles III, and his reaction to Diana's death. Holly Williams reports.
Porsha Williams revealed to "CBS Mornings" co-anchor Gayle King that she had to undergo an emergency partial hysterectomy this year after doctors discovered 21 uterine fibroids
Nine-time Emmy-winning costume designer Bob Mackie, who clothed such musical and comedic talents as Cher, Carol Burnett, Barbra Streisand and Liza Minnelli, died on Sept. 14, 2026 at age 87. In this Sept. 21, 2003 "Sunday Morning" profile, Mackie talked with correspondent Rita Braver about how a star-struck kid growing up outside Hollywood became a dressmaker to the stars, and what fascinates him about divas. He also talked about the tragic death of his son, Robin, from AIDS.
Travel costs are up as fuel prices soar. The Points Guys managing editor Clint Henderson shares his cost saving tips.
Expert whistleblowers and frontier tech CEOs are calling for government oversight and boundaries for artificial intelligence development after a series of incidents where AI agents went rogue. Director Daniel Roher explains how conversations around AI motivated him to make "The AI Doc: Or How I Became an Apocaloptimist."
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The use of artificial intelligence in the courtroom is drawing fresh attention after an expert witness in a multimillion-dollar lawsuit used ChatGPT to help create his report.
Patrick McGee, a contributing writer for The Free Press, says AI firms "are not jogging...they're still sprinting" despite agreeing to pace the frontier. Here's the latest.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
A Tennessee grandmother is suing the city of Fargo, North Dakota, after facial recognition software linked her to a crime she didn't commit, which led to a nearly six-month stay in jail. CBS News' Nicole Valdes has more.
A woman was hit and killed after an Uber driver forced her and her friend out of his car on a freeway. Now, Uber has been ordered to pay $40 million after the victim's family brought forth a wrongful death suit. CBS News' Lauren Pozen reports.
The lone holdout juror in the Lindsay Clancy murder trial has released a statement explaining his vote and offering his account of the jury's deliberations.
Kosta Diamantis is now a fugitive in Greece after fleeing the U.S. by boat and plane ahead of his sentencing for corruption, his lawyer and prosecutors said.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
President Trump has ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as "gangster weapons." CBS News' Sarah Lynch reports.
Early in-person voting has begun in Virginia, Minnesota and South Dakota for this year's midterm elections. CBS News' Shawna Mizelle reports.
President Trump will sign the recently passed Russia sanctions bill Friday, a White House official tells CBS News. CBS News' Weijia Jiang has more on that and the rest of the news coming out of the White House.
Anthropic says AI agent Claude is building the next version of itself as industry experts continue to sound alarms about the technology's potential power and risks. Journalist and author Sebastian Mallaby joins CBS News to discuss his new op-ed saying calls by Anthropic co-founder Dario Amodei to slow down AI development don't go far enough.
A Tennessee grandmother is suing the city of Fargo, North Dakota, after facial recognition software linked her to a crime she didn't commit, which led to a nearly six-month stay in jail. CBS News' Nicole Valdes has more.