jetblue is going to have a real hard time getting to that level.ave added a few international destinations but ultimately they will remain probably a smaller carrier. sonali: thank you for this time, this is a big reminder that marriages fall apart and those divorces can be messy. we will talk about wall street at its retreat on dei programs as backlash is growing. this is bloomberg. ♪ at ameriprise financial our advice is personalized based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely to recommend us. because advice worth listening to is advice worth talking about. ameriprise financial. sonali: this is bloomberg markets and it is time for the wall street beat, goldman sachs is opening up his possibility summit for black students to white students as well as dei ship

both jetblue and spirit appealed the judge's decision. but that was required by the terms of the merger plan. the carriers were not expected to win the appeal. jetblue will the paying spirit a 69 million dollars termination fee. >> apple is facing heavy penalties over the rules on their app store in europe. regulators in the european union have find apple around 2 billion dollars over its attempts to stop music services from advertising, cheaper prices available outside of the app store. this is now illegal because of new laws passed in the eu. the first major complaint over this issue came from spotify back in 2020 who called it the apple tax because the tech giant makes a 30 takes a 30% commission from purchases made inside the app store. netflix could be making more price hikes to its memberships again this year. sources say membership fees could go up by 5% with scaling ad revenues playing a part in those rising prices. netflix previously made small monthly fee increases on some tears back in mid-octfber. as at options came online, th

. >>> an important recall parents need to hear, and jetblue is cutting routes.anelle kaul with today's cbs "money watch." >> reporter: a winning day on wall street tuesday as investors await a policy decision from the federal reserve. the dow gained 320 points, the nasdaq was up 63, and the s&p 500 gained 29 points. >>> we'll learn more today about when interest rates might come down. amid a persistent fight against inflation, the federal reserve is widely expected to keep its key rate unchanged at least for now. the central bank wants to see inflation cool to 2%, but the consumer price index says increases have stalled at 3% for the last nine months. >>> jetblue airways is cutting costs. the airline is abandoning unprofitable routes to destinations in the u.s. and overseas. it comes after a judge blocked its $3.8 billion bid for spirit airlines earlier this year. jetblue says it will reduce the chance of delays for its customers. >>> and the consumer product safety commission has issued a warning about two brands of water beads. both are sold on amazon and cont

jetblue will pay spirit $69 million. spirit remains confident, in our future, as a successful airline. >> spirit, a successful independent airline? good luck. i'd never fly spirit. earning season is behind us. all eyes are on jay powell and the fed. he won't have a rush to cut rates. >> real quick, final word. >> jetblue termination is because of the government stepping in. they are doing it too much and it's antibusiness. >> they don't want to see companies get bigger. thank you everybody. see you same place. varney and company picks it up. >> what a week coming up. this is politics on steroids and biden is not looking good. a new york times poll shows a large majority of people. 61% believe he's too old for a second term. the wall street journal said democrats are in a panic. one hour from now the supreme court will issue a ruling about keeping trump off the ballot. they will likely keep him on-the-ball lot and that's a hit on biden. biden will win the primary but write-in uncommitted votes. thursday state of the union

jetblue airways is about to get a little smaller. is eliminating a number of unprofitable routes and it is exiting five cities altogether and that includes los angeles to san francisco. >>> in the u.s. the company is pulling out of kansas city, missouri, and newburgh, new york . jet blue international will no longer go to other spots after a judge blocked the company's planned merger with spirit airlines. jetblue said reducing routes will over delays and free up aircraft to fly more profitable routes. ♪ ♪ >>> that is an oldie but goodie. don't bring me down on this wednesday morning. it is a good five for the electric light orchestra. farewell to the bay area happening later this year. ♪ >>> the bay area event calendar, brought to you by broadway san jose. >> here is what is happening in the bay area this weekend. join thousands of people to sprinkle colors and spread cheer for the holly festival in fremont. saturday's event will be a culture extravaganza with delicious food and dazzling music. >> film, food and wine come together at

this is interesting because we've been following the jetblue spirit story for a while. so now that that deal is kaput, is this good or bad news for travelers? >> you know, this is good news for travel in the in the basis of we can sigh a breath of relief knowing that we're still going to have as many carriers as we had yesterday, meaning that we are not looking at reduced competition, this deal or this merger between spirit and jetblue, though it had its sort of, you know, benefits that they were arguing the justice department had struck it down due to the fact that it would actually take away a competitor in the marketplace or in the marketplace. and even if you never flew spirit or a low cost carrier, they helped put pressure on the legacy carriers and help to make air travel more affordable. so this is actually good news for consumers that there's no question that if in when this appeal will go through , no, it is not. and we can just sigh, have a sigh of relief. >> right. because there have been so many mergers, it seems like in recent years. right. alaska and hawai

jetblue will be paying spirit. a 69 million dollar termination fee. >> election is today ends and we're here mindful of the importance. the imperative of getting out to vote. >> governor newsom was in san francisco today urging californians to vote yes on proposition one, a statewide measure if passed, would bring more money into mental health care services for the state. the governor was joined by san francisco mayor london breed and lieutenant governor eleni kounalakis. >> the issue of homelessness and mental health has been left to the counties and the cities alone to deal proposition one will create 11,000 more residential units. it will allocate a billion dollars for the veterans. mental health service bring over 6 billion dollars in bonds to fix our mental health system. >> the bipartisan bill passed the house and the senate. proponents believe the prop will bring a major overhaul to california's mental health funding system. you a reminder you can join us on this election day for live results from around the

not surprisingly, jetblue moving higher.ture for spirit. especially what this comes down to is how much will each of the airlines would it have cost them and why did they decide to throw in the towel at this point. the doj blocked the proposed merger so as a result they wouldn't be able to complete it by the deadline of july 24th, even with expedited appeal. you have jetblue paying spirit $69 million. there's no breakup fee. remember they had that monthly dividend they were paying spirit shareholders until it went through. all together that cost them $425 million. if you look at jetblue, yes, the stock is moving higher. the challenge for them and focus on airline, boosting revenues. we've heard from new ceo joanna garrity that her focus is driving greater revenue growth. as for ted christie, who is the ceo of spirit, the focus is going to be on debt levels as well as how do you cut your costs? people will be saying, they're going lower and lower, they were losing money. it's not the end of the road for these guys. i want to

spirit will now have to turn its troubles around on its own, but will receive $69 million from jetblueition of asia business report. thanks for watching. bbc news — bring you different stories from across the uk. time stories from across the uk. one ofthe stories from across the uk. one of the hardest _ stories from across the uk. one of the hardest things _ stories from across the uk. one of the hardest things i _ stories from across the uk. que: of the hardest things i ever went through was my sister phoning me, barely able to talk, telling me that dad had passed on. talk, telling me that dad had passed on— talk, telling me that dad had passed on. talk, telling me that dad had assed on. ., ., passed on. some came today to remember _ passed on. some came today to remember loved _ passed on. some came today to remember loved ones. - passed on. some came today to remember loved ones. others l passed on. some came today to | remember loved ones. others to raise awareness of how for many, covered lives on. many of the bereaved _ many, covered lives on. many of the bereaved were _ many, co

turbulence tumbling at this hour by 10.9% while jetblue is kind of cruising across clear skies up 4%erican airlines a new suiter so jetblue and spirit called off their plans to merge in which would have been a deal worth 3.8 billion after a judge ruled to block the merger saying impact discount flyer and reduce competition and came to conclusion you know what legal and regulatory hurdles too big to concur forget about it. and american airlines down 4.5%. investors revving up ford sharing after the company said u.s. vehicle sales jumped 10.5% year over year in february. the stock is up 3% now listen one stunner of a highlight, the automaker saw an 81% jump in ev sales and a 32% rise for its hybrid models compared to a year ago. ford saying it is going to ride the hybrid vehicle demanding wave double its output of the f150 pickup truck for 2024. remember this -- this video -- former nicholas ceo trevor milton convicted of fraud and sentenced to four years in prison for the big rig ev that looked like it was driving and cruising along -- but in truth had never worked. they rolled it dow

. >>> jetblue and spirit airlines have called off their plans for a $3.8 billion merger.tice department that challenged the deal. a judge ruled that jetblue's takeover of spirit would harm cost-conscious travelers who rely on spirit's low fares. >>> apple has been hit with a fine of nearly $2 billion in one of europe's largest antitrust actions ever. the eu said apple prevented music streaming services like spotify from telling european iphone users that they could find cheaper ways to subscribe outside of apple's app store. apple plans to appeal. >>> coffee-mate and dr pepper are making a dirty move that's coming to a section of your supermarket. the company's created a coconut lime-flavored creamer so you can make your own dirty soda at home. if you've never heard of a dirty soda, it's a drink that started in utah that's now all over social media. it's typically made with creamer, flavored syrups, and lime juice. that's your "moneywatch" for this tuesday morning. i'm carissa lawson, cbs news, new york. >>> archaeologists in italy have uncovered some new artwork 2,000 ye

you might want to double check flights if you plan on taking jetblue in june.hs being cut and how it could affect you. but before we head to break, take a listen. ♪ ♪ >>> love this song. please don't bring me down on this wednesday morning. that's all i have to say. it's a good-bye from electric light orchestra. the farewell to the bay later this year. we'll be right back. >>> looking live at oakland. leaders from the region will meet at an economic summit top talking points, trends in housing and job creation in oakland. let's jump the map now to washington where all eyes are on the federal reserve this morning. and potential interest rate changes. who doesn't want that right? most economists are not expecting what a lot of us want which is the fed to announce a rate cut today. but they might get some clues about what the future could hold. top of mind for economists who are really trying to take the temperature of our money situation in the united states. of course we know the auto workers strike and worries of a possible government shutdown due to lawmakers

thousands of victims, and they say there could be more in her a delivery get the vehicle back after it and jetblue makes a major the pt is cutting as it restructures system wide. >> this is ktvu new fox two news at 730. i'm heather holmes. san jose, investigators are looking for more potential victimsúafter a tinyúcamera was discovered inside a starbucks bathroom. so 100 victims, many of themearly children. ktvu zan rubin has more on this story tonight from san jose. >> san jose police say this man, luis suarez junior, stashed a tiny camera in a starbucks bathroom and that he recorded 91 unsuspecting victims, ages 4 to sp85 on a single day. is graphid includes multiple >> it happened at the starbucks spat 695 coleman avenue on januy 3pth. police say a plumber found the device under the sink pointed at the toilet. marta gonzalez says sheúuses this restroom all the time. >> so here's somebody somebody looking at us that's like. that's like my privacy, you know? like, you know, even myt& kids, you know, like, that's horrible. >> authorities say customer hery arrested him at home in mid-march. they fo

judge blocked the deal, frontier tried to merge her spirit before jetblue actually came in how do youughts on the failure of this deal? >> i think the merger is over and i don't think you're going to see another low cost merger anytime soon. the big story in the airline industry and low cost basis is a reduction in competitive overlap that we've seen in florida you will continue to see that happen and that will unlock profits for low-cost space and that is something not all these carriers need to focus on but i don't guess you merger anytime soon. maria: you recently discussed near-term catalyst for the company and the stock because of your redeploying capacity from highly competitive markets such as las vegas and orlando to underserved markets, tell us about that. >> that's what i mentioned above it ago i think that will be the big story this year end the airline space how they had too much overlap if you will and we have been aggressively leading the charge and move it away from florida and vegas and moving into the cincinnati and the cleveland's of the world and giving them nonstop

judge blocked the deal, frontier tried to merge her spirit before jetblue actually came in how do you is taking place now your thoughts on the failure of this deal? >> i think the merger is over and i don't think you're going to see another low cost merger anytime soon. the big story in the airline industry and low cost basis is a reduction in competitive overlap that we've seen in florida you will continue to see that happen and that will unlock profits for low-cost space and that is something not all these carriers need to focus on but i don't guess you merger anytime soon. maria: you recently discussed near-term catalyst for the company and the stock because of your redeploying capacity from highly competitive markets such as las vegas and orlando to underserved markets, tell us about that. >> that's what i mentioned above it ago i think that will be the big story this year end the airline space how they had too much overlap if you will and we have been aggressively leading the charge and move it away from florida and vegas and moving into the cincinnati and the cleveland's of the

jetblue will pay spirit $69 million.t remains confident, in our future, as a successful airline. >> spirit, a successful independent airline? good luck. i'd never fly spirit. earning season is behind us. all eyes are on jay powell and the fed. he won't have a rush to cut rates. >> real quick, final word. >> jetblue termination is because of the government stepping in. they are doing it too much and it's antibusiness. >> they don't want to see companies get bigger. thank you everybody. see you same place. varney and company picks it up. >> what a week

with jetblue.ulling out of kansas city and missouri and newburg, new york. internationally won't be in bogota, colombia or quito, ecuador and lima, peru. they blocked the company's planned merger with spirit airlines and jetblue says it will lower delays and free up aircraft to fly more profitable routes. >>> good news for san francisco's sky star ferris wheel. may be up for a bit longer than expected and mayor london breed proposed keeping the 150-foot ferris wheel at the wharf for another 18 months. looks good down there right? the mayor says the attraction helps bring in foot traffic from both locals and tourists. the wheel moved from the park in november and the city says ridership has doubled ever since. ♪ ♪ >>> you know them and probably love them and now is your last chance to watch them live. electric light orchestra announced the farewell well and lucky for you the rock & roll hall of fame band will make a stop at chase center on september 1st. elo was formed in 1970 but then disbanded in

judge blocked the deal, frontier tried to merge her spirit before jetblue actually came in how do youts on the failure of this deal? >> i think the merger is over and i don't think you're going to see another low cost merger anytime soon. the big story in the airline industry and low cost basis is a reduction in competitive overlap that we've seen in florida you will continue to see that happen and that will unlock profits for low-cost space and that is something not all these carriers need to focus on but i don't guess you merger anytime soon. maria: you recently discussed near-term catalyst for the company and the stock because of your redeploying capacity from highly competitive markets such as las vegas and orlando to underserved markets, tell us about that. >> that's what i mentioned above it ago i think that will be the big story this year end the airline space how they had too much overlap if you will and we have been aggressively leading the charge and move it away from florida and vegas and moving into the cincinnati and the cleveland's of the world and giving them nonstop se

jetblue merger with spirit airlines.n't let you walk away. >> called it a mutual agreement. spirit putting out a note saying terminating the proposed merger with jetblue. look, not a huge surprise. i think this is what people ultimately thought was going to happen. that, a., wasn't going through after shot down once by the doj. and while they appealed it, very few thought the appeal would work and so now jetblue pays spirit $69 million. that's the end of this courtship, but what's interesting here. remember when jetblue, robin hayes adamant we need them. need them so much we'll give a special dividend on a monthly basis to spirit shareholders. remember that y. yeah. >> guess how much they paid since that story? >> $29 million. >> a nice chunk of change, if you were a spirit shareholder that -- >> $500 million to go away. >> what's going on. now the question becomes for spirit, okay. what do you do? because you're, burning cash, losing money. ted christie is sharp. know what's he's doing. in a flooded market. more judicio

judge blocked the deal, frontier tried to merge her spirit before jetblue actually came in how do youour thoughts on the failure of this deal? >> i think the merger is over and i don't think you're going to see another low cost merger anytime soon. the big story in the airline industry and low cost basis is a reduction in competitive overlap that we've seen in florida you will continue to see that happen and that will unlock profits for low-cost space and that is something not all these carriers need to focus on but i don't guess you merger anytime soon. maria: you recently discussed near-term catalyst for the company and the stock because of your redeploying capacity from highly competitive markets such as las vegas and orlando to underserved markets, tell us about that. >> that's what i mentioned above it ago i think that will be the big story this year end the airline space how they had too much overlap if you will and we have been aggressively leading the charge and move it away from florida and vegas and moving into the cincinnati and the cleveland's of the world and giving them

judge blocked the deal, frontier tried to merge her spirit before jetblue actually came in how do yous taking place now your thoughts on the failure of this deal? >> i think the merger is over and i don't think you're going to see another low cost merger anytime soon. the big story in the airline industry and low cost basis is a reduction in competitive overlap that we've seen in florida you will continue to see that happen and that will unlock profits for low-cost space and that is something not all these carriers need to focus on but i don't guess you merger anytime soon. maria: you recently discussed near-term catalyst for the company and the stock because of your redeploying capacity from highly competitive markets such as las vegas and orlando to underserved markets, tell us about that. >> that's what i mentioned above it ago i think that will be the big story this year end the airline space how they had too much overlap if you will and we have been aggressively leading the charge and move it away from florida and vegas and moving into the cincinnati and the cleveland's of the wo

. >> if you fly jetblue, listen up. the carrier is set to end flights between san francisco and los angeles, among other places. the move is a part of a restructuring plan. the airline will end operations in five cities, and 16 other routes will be cut. right now, there's only one daily route between lax and sfo. this comes after a federal judge blocked jetblue's acquisition of spirit airlines earlier this year. >> still ahead here, a warning from the alameda county public health department about a possible measles exposure at a san leandro restaurant, which you need to know about the symptoms. >> plus, an elderly woman and young child, as well as more than 80 dogs rescued from a deplorable conditions in a central valley home. details. when i use febreze fabric refresher everyday. to make my home smell amazing. on my bed... my couch... my jacket or jeans. in between washes. even shoes. febreze doesn't cover up odors with scent, but fights them and freshens! over one thousand uses. febreze fabric refresher. oh, it's cold

jetblue is switching up flights. ahead on "today in the bay," the routes being eliminated and the impact this will have on your next booking. >>> in business and tech, we have both chips and guac, sadly no breakfast burrito. >>> it's kind of condescending. it's an insult followed by a compliment. >> a new trend taking over the internet. the so-called short king summer. it's all ahead and the coffee it's all ahead and the coffee giant is cashing in with a new ( ♪♪ ) you made a cow! actually it's a piggy bank. my inspiration to start saving. how about a more solid way to save? i'm listening. well, bmo helps get your savings habit into shape with a cash reward, every month you save. both: cash reward? and there's a cash bonus when you open a new checking account to get you started. wow. anything you can't do? ( ♪♪ ) mugs. ♪ bmo ♪ >>> good wednesday morning. it is 5:15. let's get a look at our day planner in concord, starting out with some upper 40s. it will be a mostly clear morning. then going into the afternoon, a few

tell me about that. >> back in the days of jetblue my first air layne morris air i had 737 players.plane for customers. i kind of continued that. we have airbus a. 220 that would be 100% of our flights by the end of the year. we have 24 and will have 34 by the end of the year. but i felt totally safe flying a boeing airplane. 2 hours ago i landed on the 737 on united into salt lake. we've got the safest air travel market ever. >> neil: when you hear people expressed reservations about that in light of some of these incidents, wheels falling of plans and all that, i know they are an exception far from the rule. flying is very safe to your point. people are anxious. what you tell them? >> relax. it is fine. we have amazingly trained pilots. we have tremendous safety record. the planes are so well engineered be it boeing or airbus. the bolts were not tightened. but to be able to land that place plane safely without any injuries or fatalities is a miracle. so obviously we need to be diligent and i think there's some leadership changes at boeing but it's really, you know, people are safe

jetblue and spirit decide it wasn't meant to be. box office a blowout for dune part two. kate rooney joins me know. >>> jetblue airways and spirit airlines will end their $3.8 billion merger deal due to regulatory pressure. jetblue will pay spirit a termination fee. >>> eu regulators hit and well an antitrust fine over apple music. by applying restrictions on developers that kept ios users to learn about the cheaper options out there. >>> warner brothers and legendary entertainment's dune part two opened the weekend bringing in an estimated $81.5 million at the box office. the film was boosted by imax sales. the movie's strong opening has legendary entertainment interested in a potential third film in this franchise. kate, back over to you. >> the only person not to see the first of the dunes. >> i'm with you. i haven't seen it. >> more potential viewers. >>> still ahead, leading the way. female investors putting more and more money into women-led businesses. what's driving that push. >>> plus, calls grow louder for a new cease-fire between israel and hamas. and hamas. th

las compañías aéreas, jetblue y spirit rompen su intento de fusión semanas después de perder una demandaramendi el grupo mexicano maná le hace realidad un sueño a una pequeña fanática argentina en su concierto en buenos aires. el momento lo tenemos en nuestro pase vip. en noticias telemundo mediodía con nicole suárez y octavio pulido. muy buenas tardes y gracias por estar con nosotros aquí en noticias telemundo mediodía una semana que ya comienza muy activa. octavio muy activa y estamos pendientes al supermartes tenemos más información. vamos con esto y con esta noticia de última hora. la corte suprema rechaza que donald trump se ha sacado de la boleta electoral republicana en colorado. el fallo afecta al resto de los estados que han tomado medidas similares, denunciando su presunto intento de revertir el resultado de las elecciones del 2020. vamos en vivo a washington d.c. javier vega cuáles han sido las acciones que el fallo de la corte y está generando? si octavio. nicole muy buenas tardes. pues una victoria legal fundamental para el expresidente trump en este intento de volver a la c

yo soy silvana henao y este es tu informe cnbc para telemundo, jetblue y spirit airlines le ponen fin spirit spirit recibirá 69 millones de dólares por la terminación del acuerdo. las firmas de inversión, management y capital han aumentado su oferta para adquirir a macy's en un acuerdo valorado en 6.600.000.000 de dólares. macy's rechazó en enero la oferta de 5.800.000.000 por ser demasiado baja y por preocupaciones sobre el plan de financiación. la junta directiva del minorista dijo que evalúa y revisará la última propuesta y según una encuesta de snp global mobility, más de la mitad de las personas que compraron un carro nuevo en 2023 compraron la misma marca que habían comprado la última vez. según los datos, tesla obtuvo la mayor lealtad de sus propietarios que cualquier otra marca de automóviles general motors obtuvo los máximos honores entre los fabricantes de automóviles y el link que se ganó el premio de tener la mayor cantidad de compradores recurrentes. yo soy silvana henao y ese es su informe cnbc para telemundo. gracias silvana. tenemos otros temas. hoy es el día nacional

. >> then if you fly jetblue, get ready for a major change.cut from sfo it all starts with a chevy truck. chevy silverado with the turbomax engine and best-in-class standard torque. and the chevy silverado hd with up to 14 available camera views. do more in a chevy truck, get yours now. get $5000 total value on silverado ltz & high country models when you trade in an eligible vehicle. or during chevy truck season, get as low as 0.9% financing on all 2024 silverado 1500 pickups. chevrolet. together let's drive. app store payment rules. the developers who filed the lawsuit claim apple's commission system cheated them out of thousands of dollars. reuters reports that meta microsoft x and match group are joining epic games, of failh the 2021 settlement. it required apple to allow developers to offer customers cheaper ways to pay for app store purchases. >> the social forum site reddit is set new york stock exchange tomorrow. its initial public offering was priced at $34 a share today, which means the company could be worth about $6.4 billion. the

so jetblue will cut the flights to san francisco. with spirit was rejected by a federal judge says it has to trump light. so the los angeles to sfo flight will be eliminated in all 16 flights will be cut at jetblue as it moves to cut costs. well, the head of the faa said boeing must improve safety culture and address quality issues before the agency will allow the playmaker to boost 7.37. max production a reuters reports the agency has not begun discussions yet with boeing about hiking production. just this week, a boeing 7.37 windshield cracked upon landing at the portland oregon airport and california signed a deal with stellantis to uphold vehicle emissions rules through the partnership. stellantis the parent company of chrysler dodge jeep ram and others has pledged to comply with california's 0 emissions. light duty vehicle sales requirements to 2030, and make significant investments in charging infrastructure as well. well, food inflation is real and it's affecting everyone analysis by payments. intelligence 6 and a half percent

jetblue announces termination of its merger packed with spirit.n you see how difficult it is to make a deal happen. annmarie: when it comes to the s tc ftc and doj, they say it will be monopoly. to your point, this is not a surprise but it is confirmed. jetblue says they will terminate this merger packed with spirit. jonathan: jetblue is up by 5% and we can talk about three potential deals. kroger and albertsons is one, another one is capital one and discover but if we can make this happen, what will happen to the other two? lisa: we heard this idea of big banks and small tanks being able to make transactions at a time when people say we need consolidation among the regionals. this will be one of the key questions with the administration shift. how different would an administration under trump versus biden be when it comes to antitrust? annmarie: it's hard to say when you have j.d. vance saying that one of the most effective members of the biden administration is the ftc. they say google should be broken up and josh holly agreeing with senator war

. >>> and jetblue scaling back on a service on a number of routes.n a memo to after the seen by cnbc, the carrier will reduce its departures from los angeles airport from 34 a day to 24, the apparent move coming as jetblue looks to cut costs following its failed bid for spirit airlines and engine issues that have grounded some of its planes, frank. >> silvana, good to see you. we'll see you later in the show jo we've got a lot more to come on "worldwide exchange" including the w.e.x. word of the day. but first an optimistic view on chip data. >>> plus shares of microstrategy getting slapped a bit as its bit on bitcoin is drawing back. a busy hour ahead when "worldwide exchange" continues. stay with us. >>> welcome back to "worldwide exchange." we start with money oving, microstrategy falling. they buy more shares of bitcoin as they scoop up 9,000 additional bitcoins. this follows 12,000 following a debt sale last week. shares down almost 3.5%. >>> super micro announcing it plans to sell 2 million shares. the stock was the worst performer in the s&p y

. >>> jetblue and spirit airlines have called off their $3.8 billion merger.al judge ruled in january that the deal violated antitrust laws after a lawsuit from the department of justice. >>> and it looks like writing skills are in taylor swift's dna. genealogy company ancestry.com says the singer is the sixth cousin three times removed of famed poet emily dickinson. >>> for more, download the cbs news app on your cell phone or connected tv. i'm carissa lawson, cbs news, new york. >>> tonight, the supreme court hands donald trump a significant legal victory. >> well, the court has decided unanimously that donald trump cannot be disqualified as a presidential candidate. >> the context and analysis of that landmark decision coming just before super tuesday. >> this does not get former president trump to the finish line. this just gets him to the starting line. >> announcer: this is the "cbs overnight news." >>> good evening. i'm norah o'donnell, and thank you for being with us. we want to begin tonight with the news and analysis of that historic decision from th

. >>> when we come back, transportation secretary pete buttigieg will weigh in on jetblue and spiritits merger deal. next, it's super tuesday. we'll talk top issues for investors as more than a dozen states head to the polls. stay tuned, you're watching "squawk box" andhiisnb ts cc. it's basically tennis for babies, but for adults. it should be called wiffle tennis. pickle! yeah, aw! whoo! ♪♪ these guys are intense. we got nothing to worry about. with e*trade from morgan stanley, we're ready for whatever gets served up. dude, you gotta work on your trash talk. i'd rather work on saving for retirement. or college, since you like to get schooled. that's a pretty good burn, right? got him. good game. thanks for coming to our clinic, first one's free. you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go

jetblue said that even though both companies still believe the benefits of a merger, they say they wereng conditions before the july 24th deadline. the justice department sued to block the plan last year, saying it would reduce competition. >> and we are watching the weather. there's still more to come, we're still into winter and we've got rain potential as we head towards this weekend and maybe a few sprinkles in between , i'll have that coming up. >> let's go to ktvu. alex savage now with a look at some of the stories we are working on for west coast rap at seven, right here on ktvu. >> julie, thank you. coming up tonight at seven, we'll take a closer look at the storms that are hitting the west right now. they're causing trouble in more than just the sierra tonight on west coast rap. see how they're dumping snow and ice up in the pacific northwest. and how this is leading to school closures and road closures across that area. also in arizona, a woman on a mission she hopes will inspire others after donating a kidney. she's sharing why she believes it's important to climb to new heig

jetblue and spirit airlines are ending their proposed $3.8 billion merger after a court ruled rulingcked that proposal. jetblue said even though both companies still believe in the benefits of a merger, they say they were unlikely to meet the required closing conditions before the july 24th deadline. the justice department sued to block the plan last year, saying it would reduce competition. >> former twitter executives are now suing elon musk, saying he owes them more than $128 million in severance, according to the wall street journal. the lawsuit, filed today involves the former ceo, cfo, legal chief and general counsel in the lawsuit, they accused musk of making up fake reasons to fire them in order to avoid paying them severance. an attorney for musk did not comment in the wall street journal report. >> new at ten tonight, san francisco's downtown mall is losing some business. his popular beauty retailer sephora is leaving the emporium center, san francisco, formerly known as westfield san francisco center. although it's unclear when it will close down. also, french beauty brand

so i guess i'm trained in the justice department right now is trying to stop a merger between jetbluen the basis that it would destroy competition. so i guess i'm trying to pin you down exactly what saying about competition, too much competition about. too much. where are you really on airline competition? yeah. so this really goes back to this distinction wherean others. if we're thinking about making coffee mugs or a restaurant, you can have competition where we can expect might be dozens of restaurants, hundreds of restaurants even in a in a city big enough and they can all compete with other but in these sectors where there's a move toward clean solid nation to have really requires a fair bit of regulation in order to maintain it and that's what we had in the regulatory period. there was competition, it was regulated competition, but it was competition, right? we have less competition now than we did then because we deregulated and you don't it's these in these areas, choice isn't open competition or regulation. it's actually regulated competition or massive consolidation and no c

this comes after a federal judge blocked jetblue's acquisition of spirit airlines earlier this year. >> the 2024 game developers conference is bringing a big boost to businesses in downtown san francisco, so nearly 30,000 people are at the world's largest conference for game industry professionals at moscone center this week, according to san francisco travel. gdc will generate more than $40 million in economic impact for the city. and we noticed a line outside of this peruvian restaurant right across from the conference. >> super happy. you know, i want everyone to try my food. you know, this is why i am i am good for all the guests coming today. more busy today. we have today. we have many reservations, many parties. >> oh, now i want to go to the restaurant. so it's called bocado. and you can tell the chef there was really happy. this whole thing is a sigh of relief for so many businesses in the area, because they're still recovering from the apec summit. it forced multiple streets to close and it blocked foot traffic to some of those businesses, and they really didn't see a boost

so i guess i'm trained in the justice department right now is trying to stop a merger between jetbluepirit on the basis that it would destroy competition. so i guess i'm trying to pin you down exactly what saying about competition, too much competition about. too much. where are you really on airline competition? yeah. so this really goes back to this distinction where some are different than others. if we're thinking about making coffee mugs or a restaurant, you can have competition where we can expect might be dozens of restaurants, hundreds of restaurants even in a in a city big enough and they can all compete with other but in these sectors where there's a move toward clean solid nation to have really requires a fair bit of regulation in order to maintain it and that's what we had in the regulatory period. there was competition, it was regulated competition, but it was competition, right? we have less competition now than we did then because we deregulated and you don't it's these in these areas, choice isn't open competition or regulati. regulated competition or massive consolida

stuart: $6 a share on jetblue.n jenner or back backs a new york county's ban on transgenders competing in women's sports. roll it. >> you have to compete in the biological sex that you were born. this is critical to protecting the integrity of competition in women's sports. stuart: is there a difference between contact and non-contact sports? if caitlin general or will be here to answer the question later in the show. >>> king charles and prince william were seen returning to royal duties, kate middleton spotted visiting a farm shop with her husband. will these events put the health rumors to bed? a royal round-up which includes a new scandal coming up from. neil: sean. >>> get ready for a bout of fed batching this afternoon, it's going to be excruciating. the betting is no rate cut now. the full story after this. ♪ i can feel the pressure, it's getting closer now ♪ the best advice i ever got was to invest with vanguard for my retirement. the second best? stay healthy enough to enjoy it. so i started preparing phys

a judge blocked jetblue's acquisition of spirit airlines earlier this year. still ahead, an accused bathtime thief. how much money? one worker accused of making by clocking in and then going back home. >> and a man with a brain implant can allegedly control movements with his brain signals. an update on how that tech is working. >> 608 this morning, one dry day left this week, and then rain is back here tomorrow. and on saturday, chance of some thunderstorms popping up. we'll take a look at the rains return tomorrow. w business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. the go-tos that keep us going. the places we cheer. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. see why comcast business powers more small businesses than anyone else. get started for $49.99 a month plus ask how to get up to an $800 prepaid card. don't wait- call today. throughout the sky today. filtered sunshine. that's the call. 63 in the city,

so i guess i'm trained in the justice department right now is trying to stop a merger between jetblue and spirit on the basis that it would destroy competition. so i guess i'm trying to pin you down exactly what saying about competition, too much competition about. too much. where are you really on airline competition? yeah. so this really goes back to this dist some are different than others. if we're thinking about making coffee mugs or a restaurant, you can have competition where we can expect might be dozofrestaurants, hundreds of restaurants even in a in a city big enough and they can all compete with other but in these sectorshere there's a move toward clean solid nation to have really requires a fair bit of reguln that's what we had in the regulatory period. there was competition, it was regulated competition, but it was competition, right? we have less competition now than we did and you don't it's these in these areas, choice isn't open competition or regulation. it's actuallyqmated competition or massive consolidation and no competition. right. and that's because of these un

so i guess i'm trained in the justice department right now is trying to stop a merger between jetblue spirit on the basis that it would destroy competition. so i guessdown exactly what sayt competition, too much competition about. too much. where are you really on airline competition? so this really goes back to this distinction where some are different than others. if we're thinking about making coffee mugs or a restaurant, you can haveompetition where we can expect might be dozens of restaurants, hundreds of restaurants even in a in a city big enough and they can all compete with other but in these sectors where there's a move toward clean solid nation to have really requires a fair bit of regulation in order to maintain it and that's what we had in the regulatory period. there was competition, it was regulated competition, but it was competition, right? we have less competiti then bece deregulated and you don't it's these in these areas, choice isn't open competiti or regulation. it's actually regulated competition or massive consolidation and no competition. right. and that's beca

jetblue and spirit airlines are ending their proposed $3.8 billion merger after a court ruling blocked the merger. jetblue said even though both companies still believe in the benefits of a combination, they feel they were unlikely to meet the required closing conditions before the july 24th deadline. and mutually agreed that terminating the deal was the best decision for both. the justice department sued to block the merger last year, saying it would reduce competition and drive up fares, especially for travelers who depend on low fare spirit in january, a federal district judge in boston sided with the government and blocked the deal, saying it violates antitrust law. the airlines had appealed the ruling. the appeal hearing had been set for june. >> all right. it's not as bad as it was. this weekend. we're talking about the rain here, but it's still not over just yet. rosemary oroczo here with more on that. >> yes, a little bit of drizzle, a few sprinkles for me coming in. andre garcia, hello to you and happy monday to all of you. giving you a live look here over san francisco. love

according to an internal memo seen by nbc news, jetblue will be eliminating routes too and from kansas has signed a six-year extension deal to broadcast the c college football playoffs through the 2032 season. >>> a lineup for chicago's biggest music festival has been released it includes plblink 182 and more >>> the jackpot soars to $977 million. the drawing is friday. million. the drawing is friday. r skin re? add olay retinol24 to your nighttime skincare routine. it combines hydrating moisturizers with powerful retinoids to renew millions of surface skin cells while you sleep. plus, it hydrates better than a $100 retinol cream. wake up to smoother, younger-looking skin with olay retinol24. learn more at olay.com this has been medifacts for olay. [dog whimpers] [thinking] why always the couch? does he need to go to puppy school? get his little puppy diploma? how much have i been spending on this little guy? when your questions about life turn into questions about money... there's erica. the virtual financial assistant to help you spend, save, and plan smarter. only from bank of ameri

earlier this month jetblue and spirit announced they were abandoning their proposed merger ajor victorycans to rely on competition between airlines to travel affordably. we have also weigh i on important cases affecting how much american families pay for housing, explaining why it is unlawful for landlords to coe to raise rental prices even when a.i. technology is used to do that. and we have prioritizeed criminal anti-trust enforcement, cracking down on bid rigging and procurement fraud schemes that victimize federal, state and local governments a ultimately taxpayers. these are just a few recent examples of the work of the anti-trust division and the department more broadly has done to ensure the american people have equal opportunity in the marketplace. today's suit against apple reflects our continued commitment to promoting competition and advancing economic justice. assistant attorney general jonathan cantor. >> good morning. thank garland, deputy attorney general monaco, acting associate attorney general mizer, and and a special welcome to new jersey attorney general plotkin and

and while spirit and jetblue had appealed the ruling, both companies now say they wouldn't be able to overcome the legal obstacles to complete the merger california's sierra nevada mountains still getting hammered with snow this morning, but the end is in site. some areas were buried and more than seven feet of snow from that monster blizzard blizzard warnings have been lifted for that region and lake tahoe, even though so is expected to keep falling into tomorrow. it's all relative because it's not just as do part two dominated the box office its opening weekend, pulling in more than 81 million in the united states and more than $178 million worldwide. that is far more than the first chapter of the dun dun which earned just $41 million domestically when opened in october 2021, warner brothers pictures, which distributed the film along with cnn, are owned by warner brothers discovery we all like sand worms >> so killed. you guys are weird thanks so much for joining us. this is cnn news central, cnn newsroom, jim acosta, up next >> cnn breaking news good morning. >> you were alive in t

today, jetblue airways and spirit airlines announcing that they're terminating their merger agreement. a few weeks ago, the companies lost a federal antitrust lawsuit that challenged the deal. last year, the justice department sued to bar the deal, alleging that the acquisition would stifle competition in the airline industry. >>> two bay area teenagers are taking center stage. ♪♪ >> next on nbc bay area, we sit down with the duo that is competing on this season of "the voice." voice." they are from the bay area. "overflowing with ideas and energy." that's the san francisco chronicle endorsing democrat katie porter for senate over all other options. porter is "easily the most impressive candidate." "known for her grilling of corporate executives." with "deep policy knowledge." katie porter's housing plan has "bipartisan-friendly ideas to bring homebuilding costs down." and the chronicle praises "her ideas to end soft corruption in politics." let's shake up the senate. with democrat katie porter. i'm katie porter and i approve this message. what do i see in peter dixon? with democrat k

earlier this month jetblue and spirit announced they were abandoning their proposed merger in a majorely on con airlines to travel affordably. we have also weighed in on important cases affecting how much american families pay for housing, explaining why it is unlawful for landlords to collude to raise rental prices even when a.i. technology is used to do that. and we have prioritizeed criminal anti-trust enforcement, cracking down on bid rigging and procurement fraud schemes that victimize federal, state and local governments and ultimately taxpayers. these are just a few recent examples of the work of the anti-trust division and the department more broadly has done ensure the american people have equal opportunity in the marketplace. today's suit against apple reflects our continued commitment to promoting competition and advancing economic justice. i'll now turn it over to assistant attorney general >> good morning. thank you, attorney general garland, deputy attorney general monaco, acting associate attorney general mizer, and and a special welcome to new jersey attorney general p

earlier this month jetblue and spirit announced they were abandoning their proposed merger in a major americans to rely on competition between . we have also weighed in on important cases affecting how much american families pay for s unlawful for landlords to collude to raise rental prices even when a.i. tecol do that. and we have prioritizeed criminal anti-trust enforcement, cracking down on bid rigging ant victimize federal, state and local governments and ultimately taxpayers. these are justamples of the wore anti-trust division and the department more broadly has done to ensure the american people opportunity in the marketplace. today's suit against apple reflects our continued commitment to promoting competition and justice. i'll now turn it over to assistant attorney general jonathan cantor. >> good morning. thank you, attorney general garland, deputy attorney generae attorney general mizer, and and a special welcome to new jersey attorney general p i'd like to browns doha and the deputy general. the department of justice has a enduring legacy taking on the biggest and toughest

successfully challenged mergers that would lead to higher ticket prices and fewer earlier this month jetblue spirit announced they were abandoning their proposed merger in a major victory for americans to rely on competition between airlines to travel affordably. we have also weighed in on important cases affecting how much american families pay for housing, explaining why it is unlawful for landlords to collude to raise rental prices even when a.i. technology is used to do that. and we have prioritizeed criminal anti-trust enforcement, cracking down on bid rigging and procurement fraud schemes that victimize federal, state and local governments and ultimately taxpayers. these are just a few recent examples of the work of the anti-trust division and the department more broadly has done to ensure the american people have equal opportunity in the marketplace. today's suit against apple reflects our continued commitment to promoting competition and advancing economic justice. i'll now turn it over to assistant attorney general jonathan cantor. >> good morning. thank you, attorney general garlan