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."
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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.
President Trump says the U.S. is not engaged in any talks with Iran as the two countries remain locked in a standoff over the Strait of Hormuz after almost six months of war.
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
Three states are holding primaries on Tuesday, with Florida deciding on nominees for both governor and for Senate.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
The skeletal remains were found on Sunday, two years after similar drought conditions exposed bodies in the lake.
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Five flavors of Outshine Fruit Bars sold nationwide were recalled because they may include glass, Dreyer's Grand Ice Cream said.
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
The Trump admin. pressured attorneys to investigate allegations of antisemitism at elite universities even though there was no factual or legal basis to do so, former DOJ lawyer says.
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
A federal appeals court sided with houses of worship from the Quaker, Sikh, and Cooperative Baptist Fellowship religious traditions.
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Ukraine targets Moscow with a huge wave of drones as Russia warns the U.K. will pay a price for supplying Kyiv with long-range weapons.
The guided-missile destroyer USS Benfold spent four days without power last month after a problem with its engineering, according to a spokesperson for the Navy's 7th Fleet.
U.S. Ambassador to Turkey Tom Barrack says an Israeli attack on a Syrian air force base was an "unnecessary escalation that does not advance regional stability."
The man is accused of luring Amy Lopez under false pretenses into a secluded room, where he then allegedly handcuffed her, sexually assaulted her and killed her.
Palestinian-American Loui Ridi says he flew from Ohio to a village in the Israeli-occupied West Bank to stop settlers from seizing his home.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
"CBS Mornings" revealed the nominees for three categories at this year's VMAs, including artist of the year.
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to discuss some of her favorite books coming to the big screen this year.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Artificial intelligence and the data centers powering the technology have become a flashpoint ahead of the 2026 midterm elections. Shira Ovide, a technology reporter for The Wall Street Journal, has more.
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.
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
Alpha School is a private school that teaches students subjects like math and reading with artificial intelligence apps. Mackenzie Price, co-founder of Alpha School, joins CBS News to discuss.
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Lindsay Clancy admitted to killing her three children, but her defense is trying to prove in court that she suffered from postpartum psychosis and was overmedicated. CBS News' Shanelle Kaul reports.
The body of Mississippi teen Nolan Wells was found days after he went missing during a Fourth of July boat trip. NAACP general counsel Kristen Clarke explains why the civil rights organization is joining the Wells family in searching for answers.
Lindsay Clancy's murder trial is generating endless discussion among true crime aficionados online, sparking theories and misinformation over the case. Kathryn Coduto, an assistant professor of media sciences at Boston University, explains why the case has taken social media by storm.
More witnesses will testify at the trial against the man accused of calling the shots in the 1996 murder of Tupac Shakur. CBS News legal contributor Caroline Polisi has the latest details.
Lindsay Clancy's former mother-in-law, Susan Clancy, told the courtroom on Tuesday that her former daughter-in-law was "begging for help" during postpartum.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
President Trump said Tuesday there is no ongoing dialogue with Iran to with Iran aimed toward ending the war and no further discussions are scheduled. CBS News' Olivia Rinaldi has more.
Lindsay Clancy admitted to killing her three children, but her defense is trying to prove in court that she suffered from postpartum psychosis and was overmedicated. CBS News' Shanelle Kaul reports.
Alaska, Wyoming and Florida are holding primaries Tuesday with Florida voters facing ballot choices for governor and both chambers of Congress. CBS News Anthony Salvanto and Nikole Killion have more.
The body of Mississippi teen Nolan Wells was found days after he went missing during a Fourth of July boat trip. NAACP general counsel Kristen Clarke explains why the civil rights organization is joining the Wells family in searching for answers.
Members of the Florida-based conservative activist group Citizen Justice League were seen in an undercover video, posing in what they called Muslim costumes and pretending to be Minnesota voters looking for vouchers. The stunt could land them in serious legal trouble. CBS News' Esme Murphy reports.