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."
Spirit Airlines
What happens if Spirit Airlines shuts down?
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 shut down Saturday
Spirit Airlines could collapse before Saturday, CBS News has learned. Kris Van Cleave has the latest.
Spirit Airlines may have days before collapse
Spirit Airlines has only days of cash on hand to continue operations, multiple sources tell CBS News. Kris Van Cleave reports.
Where Spirit bailout negotiations stand
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.
Southwest CEO on fuel costs amid Iran war
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.
Budget airlines pitch U.S. government
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.
Exclusive
White House mulls using Defense Production Act in Spirit Airlines takeover
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."
Airlines grapple with rising jet fuel costs
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.
Trump on potential plans for Spirit Airlines
President Trump is commenting on potential moves to bail out Spirit Airlines. CBS News' Kris Van Cleave reports.
Breaking down potential Spirit bailout
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.
Trump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price"
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.
What led Spirit Airlines to seek federal bailout?
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.
Ex-Trump adviser on Spirit Airlines bailout talks
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 in bailout discussions, sources say
Spirit Airlines is in advanced bailout discussions with the Trump administration, sources familiar with the negotiations told CBS News. Kris Van Cleave reports.
Trump administration considers Spirit bailout
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.
Trump administration, Spirit Airlines in advanced bailout talks, sources say
The negotiation comes after President Trump publicly said he wanted his administration to look at a rescue package for the budget carrier.
Trump administration may bail out Spirit
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.
Trump administration may bail out Spirit
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.
Leavitt: Trump wants "unified proposal" from Iran
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.
Trump in talks with Spirit about bailout
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.
Sean Duffy makes case for AI safety tools
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.
Sean Duffy on AI tools, Spirit Airlines
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.
Sean Duffy on modernizing air traffic control
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 Airlines reached out to Trump administration for emergency bailout
Spirit executives and other low-cost carriers are expected to meet with Transportation Secretary Sean Duffy next week.
U.S. Apache helicopter shot down by Iran, Trump says; crew rescued by sea drone
The two crew members were rescued by a sea drone in the first such operation ever carried out by the U.S. military, officials told CBS News.
House to vote on ICE funding, ending months-long impasse
The House will be voting on Republicans' $70 billion bill to fund immigration enforcement agencies for the rest of the Trump administration.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Live
Trump says Iran shot down Apache helicopter and U.S. must respond
The two helicopter pilots were uninjured but the U.S. "must, of necessity, respond," President Trump said Tuesday.
DOJ finds EEOC violated law by pressuring employers to make race-based decisions
The Justice Department accused the EEOC of violating civil rights laws by issuing guidelines that effectively pressured employers to make race-based considerations in hiring and promotions.
Platner seeks Democratic nomination to take on Sen. Collins in closely watched race
Maine Democrat Graham Platner is seeking to make the nomination official to take on Republican Sen. Susan Collins in November.
Social Security's insolvency date is projected for end of 2032
The report offers a fresh look at the finances of a program that provides benefits to more than 70 million Americans.
Rob Reiner's son Nick seeks $1.5M from trust fund for defense in parents' killings
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
Mass transit to be put to the test for World Cup host cities
Eleven U.S. cities will host hundreds of thousands of World Cup fans over the next few weeks.
U.S.
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Mass transit to be put to the test for World Cup host cities
Eleven U.S. cities will host hundreds of thousands of World Cup fans over the next few weeks.
DOJ finds EEOC violated law by pressuring employers to make race-based decisions
The Justice Department accused the EEOC of violating civil rights laws by issuing guidelines that effectively pressured employers to make race-based considerations in hiring and promotions.
Social Security's insolvency date is projected for end of 2032
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Meta launches program to train workers for data center jobs
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
MoneyWatch
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A bidding war is underway for the world's oldest bank
Banca Monte dei Paschi di Siena has been operating for well over 500 years, and some Italian officials reportedly want to ensure it stays in Italian hands.
Social Security's insolvency date is projected for end of 2032
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
Meta launches program to train workers for data center jobs
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
Pentagon adds Alibaba, others to list of sanctioned Chinese companies
The Pentagon has added several prominent Chinese businesses, including tech giant Alibaba, to its list of Chinese military companies, keeping them from getting U.S. defense contracts.
Stellantis recalls more than 1 million Jeeps in U.S. it says could catch fire
Stellantis is recalling almost 1.08 million Jeep Wranglers and Gladiators in the U.S. that could catch fire even when they're parked and turned off, federal regulators say.
Politics
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Key spy power on verge of lapsing after Trump appoints controversial intel chief
Democrats say they won't vote to reauthorize the key spy authority known as FISA Section 702 as long as Bill Pulte is leading the Office of the Director of National Intelligence.
DOJ finds EEOC violated law by pressuring employers to make race-based decisions
The Justice Department accused the EEOC of violating civil rights laws by issuing guidelines that effectively pressured employers to make race-based considerations in hiring and promotions.
House to vote on ICE funding, ending months-long impasse
The House will be voting on Republicans' $70 billion bill to fund immigration enforcement agencies for the rest of the Trump administration.
Pentagon adds Alibaba, others to list of sanctioned Chinese companies
The Pentagon has added several prominent Chinese businesses, including tech giant Alibaba, to its list of Chinese military companies, keeping them from getting U.S. defense contracts.
Platner seeks Democratic nomination to take on Sen. Collins in closely watched race
Maine Democrat Graham Platner is seeking to make the nomination official to take on Republican Sen. Susan Collins in November.
HealthWatch
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HealthWatch
Safety concerns over weight loss drug
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a treatment for diabetes, GLP-1 drugs have been found also to help patients significantly reduce weight. More than 30 million people in the U.S. have had their lives changed by GLP-1 medications. But there have also been troubling side effects reported. Correspondent Tracy Smith talks with experts who say the drugs might prove useful in treating other diseases associated with obesity (including cancer); and with patients who have taken GLP-1 drugs and experienced widely varying reactions.
A breakthrough for Type 1 diabetes treatment
A medical breakthrough is showing promise for millions of Americans with Type 1 diabetes. It's an alternative to taking insulin without the injections. Mark Strassmann has more details.
World
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Afghan Taliban forces open fire at protest sparked by dress code arrests
Afghanistan's Taliban rulers deny shooting at protesters and claim no women or girls have been arrested because they're all following strict dress code rules.
A bidding war is underway for the world's oldest bank
Banca Monte dei Paschi di Siena has been operating for well over 500 years, and some Italian officials reportedly want to ensure it stays in Italian hands.
Stabbing attack in Belfast sparks calls for anti-immigration protests
Police appeal for calm as graphic video of a Belfast stabbing attack fuels calls for anti-immigration protests in Northern Ireland.
Dogs help uncover record haul of drugs hidden in lumber
The drugs found in the lumber were mostly cocaine and ketamine, with an estimated retail value of $8.3 billion, officials said.
U.S. Apache helicopter shot down by Iran, Trump says; crew rescued by sea drone
The two crew members were rescued by a sea drone in the first such operation ever carried out by the U.S. military, officials told CBS News.
Entertainment
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Entertainment
Logan Marshall-Green on "Killing Castro"
"Marshals" actor Logan Marshall-Green joins CBS News 24/7 Mornings to discuss his recent work on "The Odyssey," "Boiúna: Legend of the Amazon" and "Killing Castro."
Expert on UAPs, Spielberg's "Disclosure Day"
Garry Nolan, a professor of pathology at Stanford University School of Medicine and the executive director of the board for The Sol Foundation, joins CBS News 24/7 to discuss Steven Spielberg's new movie, "Disclosure Day," and its exploration of the existence of aliens on Earth.
Biggest winners from the 79th Tony Awards
CBS News New York's Dave Carlin breaks down the biggest wins and performances from the 79th Tony Awards.
Steven Spielberg talks "Disclosure Day"
Oscar-winning director Steven Spielberg talks to CBS News about his 34th feature film, "Disclosure Day," which explores what would happen if all of the evidence about UFOs and alien life was released to the entire world and proved we are not alone. He also discusses his opinion on aliens, saying they "have been here and they are here."
Highlights from the Tony Awards
At Broadway's biggest night, "Schmigadoon!" took home the award for best musical. Meanwhile, "Arthur Miller's 'Death of a Salesman'" won six Tony Awards, the most of the night. Jamie Wax has more on the winners and top moments.
Technology
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Meta launches program to train workers for data center jobs
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
New Apple features to keep kids safe
Apple is rolling out an update with new parental controls to help navigate screen time and keep kids safe. Jo Ling Kent explains the changes.
How AI powered robots are helping small farms
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.
How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
Science
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NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Meteor lights up southern Michigan
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Crime
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Stabbing attack in Belfast sparks calls for anti-immigration protests
Police appeal for calm as graphic video of a Belfast stabbing attack fuels calls for anti-immigration protests in Northern Ireland.
Alligator attacks DWI suspect who was fleeing police
A man suspected of driving while impaired was attacked by an alligator after attempting to flee police in Louisiana, authorities said.
Rob Reiner's son Nick seeks $1.5M from trust fund for defense in parents' killings
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
Dogs help uncover record haul of drugs hidden in lumber
The drugs found in the lumber were mostly cocaine and ketamine, with an estimated retail value of $8.3 billion, officials said.
Drug suspects arrested after vehicle in high-speed chase hits pedestrians
One suspect drove a vehicle "at very high speed and recklessly, even hitting several local residents" before being stopped by authorities, officials said.
Space
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NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Blue Origin vows to resume New Glenn launches despite explosion
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Trump says U.S. must respond to Apache attack
President Trump said on social media that the U.S. "must respond" to the attack on an Apache helicopter over the Strait of Hormuz. CBS News contributor Aaron MacLean has more.
Trump says Iran shot down Apache helicopter
President Trump is vowing to respond after confirming that Iran shot down a U.S. Apache helicopter near the Strait of Hormuz. The two crew members were rescued by a sea drone, the first rescue of its kind. CBS News' Natalie Brand reports.
Judge voids Trump's $100,000 H-1B visa fee
A federal judge has voided President Trump's $100,000 H-1B visas, ruling the charge unlawful. CBS News' Shanelle Kaul has more.
Mirra Andreeva on mental health challenges
Mirra Andreeva, the 19-year-old French Open winner, spoke with CBS News' Errol Barnett about overcoming mental challenges and why she thanked herself in her victory speech.
Voters across 4 states gear up for primaries
Voters in Maine, South Carolina, Nevada and North Dakota are heading to the polls Tuesday for key primaries, including the race in Maine involving controversial Democratic U.S. Senate candidate Graham Platner.