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alaska airlines and hawaiian airlines say while they plan to consolidate resources, combining into a 365-airplane fleet, they will maintain each of their brand identities. >> alaska will court hawaiian for $18 a share. so a billion dollars in equity. and $900 million in debt. >> reporter: passengers we talked with supported the merger. >> i'm surprised. i think it's great. maybe prices for hawaiian will be a little less. >> i think they're both great airlines that provide, you know, great value, great service and just expanding the number of airlines that they can service is great for everybody. >> reporter: it will be alaska airlines' second hub. they will have better ser voice asia. >> this combination allows better service for hawaii, expand alaska's reach across the pacific and create a stronger airline. >> reporter: hawaiian airlines has struggled recently in part because of the wildfires in maui and competition from southwest airlines. the hope is the merger will allow the airlines to consolidate costs while still offering passengers the same hawaiian hospitality. the new combi
alaska airlines and hawaiian airlines say while they plan to consolidate resources, combining into a 365-airplane fleet, they will maintain each of their brand identities. >> alaska will court hawaiian for $18 a share. so a billion dollars in equity. and $900 million in debt. >> reporter: passengers we talked with supported the merger. >> i'm surprised. i think it's great. maybe prices for hawaiian will be a little less. >> i think they're both great airlines that...
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agreed to by hawaiian airlines in a 1.9 billion dollar deal. >> the airline says the combined company would be based in seattle where alaska airlines is currently headquartered. hawaiian airlines has struggled in recent years. it's competition today. hawaiian islands ramped up. alaska has agreed to take on about 900 million dollars in debt. hawaiian stock closed on friday at just under $5. a share, which is down nearly 53% this year. alaska says it plans to pull resources and keep their respective brand identities on wednesday, republican presidential candidates are facing off in their 4th debate right here on kron 4. former president trump has skipped the debates so far, but he's still leading the pack. gaynor hall looks at the state of the race. >> 6 weeks to go before the republican presidential caucuses in iowa and former president donald trump facing indictments in multiple jurisdictions is polling far ahead of his rivals. understand >> people don't like what he does and says at times. but in terms of actions and results, he was far better president for biden, former congresswoma
agreed to by hawaiian airlines in a 1.9 billion dollar deal. >> the airline says the combined company would be based in seattle where alaska airlines is currently headquartered. hawaiian airlines has struggled in recent years. it's competition today. hawaiian islands ramped up. alaska has agreed to take on about 900 million dollars in debt. hawaiian stock closed on friday at just under $5. a share, which is down nearly 53% this year. alaska says it plans to pull resources and keep their...
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in the alaska airlines is buying hawaiian airlines in a deal worth 1.9 billion us dollars. hawaiian airlines had struggled really since the pandemic. it posted net losses in all but one quarter since then. in fact, we also heard from the cfo of alaska who said that the combined enterprises could become a market leader when it comes to premium travel for hawaii. what's next? well, regulatory approval. alaska is hoping that regulators will green light this deal, and if that ends up being the case, well, then, this transaction could be completed in 12 to 18 months, guys. >> all right. thank you. >>> still to come, a congressional -- a congressional casting call. >> yeah, and you can't break beyoncÉ's soul but she can definitely break the box office. > d c bak>>anweanre down the weekend at the multiplex right after this break. ♪♪ [laughs] oh, come on now. ♪♪ [stomach growling] it's nothing... sounds like something. ♪when you have nausea, heartburn, indigestion♪ ♪upset stomach, diarrhea♪ pepto bismol coats and soothes for fast relief when you need it most. (whisper) air wick. ai
in the alaska airlines is buying hawaiian airlines in a deal worth 1.9 billion us dollars. hawaiian airlines had struggled really since the pandemic. it posted net losses in all but one quarter since then. in fact, we also heard from the cfo of alaska who said that the combined enterprises could become a market leader when it comes to premium travel for hawaii. what's next? well, regulatory approval. alaska is hoping that regulators will green light this deal, and if that ends up being the...
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alaska airlines has reached an agreement to acquire hawaiian airlines at a nearly $2 billion mega deal. and that big news could affect your travel plans in the future. then, most of us know we should eat more vegetables, fruits and whole grains. but now a new study from stanford is proving it by putting twins to the test. what researchers found about the link between diet and heart health. but first up, if you live, work in or visit san francisco, you know there are several chronic issues facing the city right now. drugs crime, homelessness and businesses leaving downtown. those topics are a focus of take action. san francisco, a one hour live special streaming tonight at 7 p.m. wherever you stream abc7 news. you're watching getting answers. thanks so much for joining us on this monday. i am julian glover focusing on san francisco's challenges in finding solutions is a key part of our commitment here at abc7 to build a better bay area. that's why tonight we'll be putting questions directly to mayor london breed police chief bill scott and district attorney brooke jenkins . abc7 news re
alaska airlines has reached an agreement to acquire hawaiian airlines at a nearly $2 billion mega deal. and that big news could affect your travel plans in the future. then, most of us know we should eat more vegetables, fruits and whole grains. but now a new study from stanford is proving it by putting twins to the test. what researchers found about the link between diet and heart health. but first up, if you live, work in or visit san francisco, you know there are several chronic issues...
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alaska airlines at the top with the deal with hawaiian airlines.o-thirds of a percent, highest since labor day. >> rails. >> some of the other constituents out performed, meta, amd mnvidia, on a tough morning for tech. we'll get stop trading with jim in a minute. move to the cloud. - so, the question is... - cyber attack! as cyber criminals expand their toolkit, we must expand as well. we need to rethink... next level moments, need the next level network. [speaker continues in the background] the network with 24/7 built-in security. chip? at&t business. the power goes out and we still have wifi to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. >>> let's get to jim and top trading. >> what's going on there's a broadening to a lesser quality. one of the higher qualities has been un
alaska airlines at the top with the deal with hawaiian airlines.o-thirds of a percent, highest since labor day. >> rails. >> some of the other constituents out performed, meta, amd mnvidia, on a tough morning for tech. we'll get stop trading with jim in a minute. move to the cloud. - so, the question is... - cyber attack! as cyber criminals expand their toolkit, we must expand as well. we need to rethink... next level moments, need the next level network. [speaker continues in the...
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that's the bmo effect. ♪ bmo ♪ >>> alaska airlines says it will acquire hawaiian airlines for $1.9 billionmployees are questioning how the deal will affect them and the company's customers. more from the main airport in honolulu. >>> this is sending ripples across the island chain. an employee of 18 years says he felt blind sided sunday. ceos of both air lines came to answer questions. >> i understand the employee's concern. i have 18 years with hawaiian myself. >> the ceo tried to explain the reason for the secrecy. >> any time we have knowledge of a transaction that can affect value of our stock price, we have to either disclose that or we have to keep it secret and make sure no one with the knowledge is trading on it. >> it was unexpected and i was very surprised. >> the lieutenant governor says if the deal will strengthen hawaiian airlines to take in hawaii, she supports it. we are told the 5800 hawaiian airlines jobs will be protected but cuts to the 1400 nonunion are not being ruled out. >> i can't tell you what the number is but i am hopeful that the number is not large. >> it needs
that's the bmo effect. ♪ bmo ♪ >>> alaska airlines says it will acquire hawaiian airlines for $1.9 billionmployees are questioning how the deal will affect them and the company's customers. more from the main airport in honolulu. >>> this is sending ripples across the island chain. an employee of 18 years says he felt blind sided sunday. ceos of both air lines came to answer questions. >> i understand the employee's concern. i have 18 years with hawaiian myself....
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alaska airlines is reaching an agreement to acquire hawaiian airlines in a nearly $2 billion mega deal. as for what reporter j.r. stone spoke to the experts about how this might impact your next flight, alaska airlines announced sunday they will buy hawaiian airlines in a $1.9 billion deal. >> alaska wants to grow and needs to grow and hawaiian needs to find a way to accelerate its growth. >> so this merger would help both with that objective. >> henry heartfelt is president of the travel industry consulting firm atmosphere research group. he talked about the routes currently flown by each airline, something that was discussed on a conference call with executives. >> the airlines have 433 routes, of which only 12 overlap. now the concern i do have is immediate here in the bay area, where both hawaiian and alaska fly between the bay area airports and hawaii, that would take out a competitor kane astro, from going .com believes overlapping routes between the two is a big concern going forward a merger of this size whose route maps do overlap a little bit would result in not any more chea
alaska airlines is reaching an agreement to acquire hawaiian airlines in a nearly $2 billion mega deal. as for what reporter j.r. stone spoke to the experts about how this might impact your next flight, alaska airlines announced sunday they will buy hawaiian airlines in a $1.9 billion deal. >> alaska wants to grow and needs to grow and hawaiian needs to find a way to accelerate its growth. >> so this merger would help both with that objective. >> henry heartfelt is president...
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try it for free at freestylelibre.us >>> alaska airlines, finalizing plans to buy hawaiian airlines.awaiian airlines took a big hit during the pandemic and wrapped up hundred million dollars in debt, but hawaiian's loss presents an opportunity for alaska. they agreed to acquire the airline for $2 billion. however, the deal could be blocked by federal regulars. the justice department is breaking up her mergers, saying, the view is they are at a competitive. alaska says they are confident the deal will be done. >>> with age comes wisdom when you're counting in dog years especially. looking to add a four-like a family member, maybe consider adopting an older dog. san francisco, rescuing 100 senior dogs in 10 days. the organization is taking in the dog from overcrowded shelters across the bay area. older dogs are typically the first to be euthanized when shelters run out of room. the vets want to ensure the golden oldies are well cared for this holiday season with the hope they will soon find their forever home. >> once you adopt a senior dog, you can never go back. we have so many repea
try it for free at freestylelibre.us >>> alaska airlines, finalizing plans to buy hawaiian airlines.awaiian airlines took a big hit during the pandemic and wrapped up hundred million dollars in debt, but hawaiian's loss presents an opportunity for alaska. they agreed to acquire the airline for $2 billion. however, the deal could be blocked by federal regulars. the justice department is breaking up her mergers, saying, the view is they are at a competitive. alaska says they are...
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shares of alaska air sinking after reaching a deal to buy hawaiian airlines for $1.9 billion.immy, you own alaska. >> i do. i don't like the deal. i think they could have done more damage than what they are doing, and alaska airline, hand this is not going to kill their balance sheet. i don't understand why you pay this price for a company that is losing money. they will get synergies and turn that loss into a gain, but it doesn't seem necessary. it adds complexity in terms of diversifying the fleet, and you don't want that, you want an all boeing fleet or the other fleet. with hawaiian airlines you open up routes to asia, and i like that, and i don't like the deal overall but the share price reaction is way overdone. and regarding uber and inclusion to the s&p 500, alaska airlines is being kicked out to make way for the uber. and i am not inclined to sell, but i don't like the deal. >> we are assuming the deal gets done, and which, sarat, you are sceptical of to begin with. >> seeing all the deals our current administration says no to, and this is another deal where it's cons
shares of alaska air sinking after reaching a deal to buy hawaiian airlines for $1.9 billion.immy, you own alaska. >> i do. i don't like the deal. i think they could have done more damage than what they are doing, and alaska airline, hand this is not going to kill their balance sheet. i don't understand why you pay this price for a company that is losing money. they will get synergies and turn that loss into a gain, but it doesn't seem necessary. it adds complexity in terms of...
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a mega merger shaking up the airline industry, alaska airlines wants to buy hawaiian airlines, a dealorth nearly $2 billion. scott mcgrew is here to break this down. it's something we've seen before. the government is going to have to make final approval. >> right and the government has been grumpy about these sorts of things lately. the federal government has blocked some in the past, the obvious comparison being the attempt to stop jetblue from buying spirit. that fight is still in court. this one is a bit different because alaska and hawaiian don't share many routes. so we would assume there would be roughly the same number of flights after the proposed merger as there were before. and neither is a low cost airline, so companies could argue they won't be raising fares. here is the head of alaska airlines over the weekend. >> this combination will allow us to better serve the people of hawaii, expand alaska's reach across the pacific and create an even stronger airline. >> stronger indeed. alaska airlines purchasing virgin america a few years back. >> a couple years back. i was sorr
a mega merger shaking up the airline industry, alaska airlines wants to buy hawaiian airlines, a dealorth nearly $2 billion. scott mcgrew is here to break this down. it's something we've seen before. the government is going to have to make final approval. >> right and the government has been grumpy about these sorts of things lately. the federal government has blocked some in the past, the obvious comparison being the attempt to stop jetblue from buying spirit. that fight is still in...
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alaska airlines has agreed to by hawaiian airlines in a 1.9 billion dollar deal. says the com ined company would be based in seattle where alaska airlines is currently headquartered. and a hawaiian airlines of course, have struggled in recent years as competition to the hawaiian islands ramped up. alaska has agreed to take on about 900 million dollars in debt. hawaiians u.s. stocks closed higher today at $14 a share, which is up nearly 45% for the year. alaska says it plans to pool resources and keep their respective brand identities. >> coming up on kron, 4 news at 5 data breaches reported that genetics testing company. 23 andme be how many of its customers are said to be affected. plus, new projections show a concerning drop in california state revenues here. we'll look at the latest numbers sent how lawmakers are responding to that. and building homes for farmworkers in the bay area's largest county. we have report largest county. we have report on that plane and m this is how it feels to du more with less asthma... ...thanks to dupixent. dupixent is not for su
alaska airlines has agreed to by hawaiian airlines in a 1.9 billion dollar deal. says the com ined company would be based in seattle where alaska airlines is currently headquartered. and a hawaiian airlines of course, have struggled in recent years as competition to the hawaiian islands ramped up. alaska has agreed to take on about 900 million dollars in debt. hawaiians u.s. stocks closed higher today at $14 a share, which is up nearly 45% for the year. alaska says it plans to pool resources...
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so you'll still see the place a hawaiian airlines.l, a new federal report says that nasa's plan to put u.s. astronauts back on the moon in december of 2025. is unrealistic. unfortunately, the government accountability office determined that a 2027 launches more likely for the long anticipated artemis 3 mission the report cites delays in developing key pieces of technology and already ambitious schedule and the postponement of several test flights, which is put everything behind schedule. progress has been lacking with the spacecraft and modernization of the u.s. astronauts spacesuits. that's also behind schedule. alright is 5.26. and up next on the kron, 4 morning news. thousands of cal state officials. >> university faculty are getting ready to hit the picket lines this week to demand higher pay. we're going to tell you how that's going to pack classes there. just the state. >> warning for you. if you plan to go to the beach today through tomorrow, we will talk about sneaker waves that have >> we're back here at 5.30. let's get a che
so you'll still see the place a hawaiian airlines.l, a new federal report says that nasa's plan to put u.s. astronauts back on the moon in december of 2025. is unrealistic. unfortunately, the government accountability office determined that a 2027 launches more likely for the long anticipated artemis 3 mission the report cites delays in developing key pieces of technology and already ambitious schedule and the postponement of several test flights, which is put everything behind schedule....
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. >>> alaska airlines says it will acquire hawaiian air lines for $1.9 billion.ines employees are questioning how the deal will affect them and the company's customers. more from the main airport in honolulu. >> reporter: this is sending ripples across the chain. an employee of 18 years says he felt blind sided sunday. ceos of both air lines came to answer questions. >> understand that employee's concern. i have 18 years with hawaiian myself. >> reporter: trying to explain the reason for the secrecy. >> any time we have knowledge of a transaction that can affect the value of our stock price, we have to either disclose that or we have to keep it secret and make sure no one with the knowledge is trading on it. >> it was kind of unexpected and i was surprised. >> reporter: the lieutenant governor says if this will strengthen hawaiian airlines to stay in hawaii, she supports it. we are told the 5800 union jobs will be protected but possible cuts or furloughs to 1400 nonunion are not ruled out. >> there will be duplication in roles that we will have to address. i can'
. >>> alaska airlines says it will acquire hawaiian air lines for $1.9 billion.ines employees are questioning how the deal will affect them and the company's customers. more from the main airport in honolulu. >> reporter: this is sending ripples across the chain. an employee of 18 years says he felt blind sided sunday. ceos of both air lines came to answer questions. >> understand that employee's concern. i have 18 years with hawaiian myself. >> reporter: trying to...
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the airline alaska has agreed to by hawaiian airlines and a 1.9 billion dollar deal.aiian airlines has been struggling in recent years. lot more competition going to hawaii and alaska as great agreed to take on about 900 million dollars in debt. the takeover hawaiian. we're learning tonight that a data breach at 23 and me exposed information of a lot more people than and initially reported the dna testing company announced last week that hackers had accessed the personal data of about 14,000 people various outlets now say that number's actually closer to 7 million people? the outlets are citing an e-mail sent to them by 23 and me. the company first reported the data breach in october. it says it has taken steps to try to protect user data and its consumers. they're urging them to reset their passwords. kron 4 is your election headquarters. the stage is set for the 4th republican presidential debate this wednesday. >> and kron 4 will be carrying the event so far. former president donald trump has skipped the debates but he's still leading the pack. news nation's brooke
the airline alaska has agreed to by hawaiian airlines and a 1.9 billion dollar deal.aiian airlines has been struggling in recent years. lot more competition going to hawaii and alaska as great agreed to take on about 900 million dollars in debt. the takeover hawaiian. we're learning tonight that a data breach at 23 and me exposed information of a lot more people than and initially reported the dna testing company announced last week that hackers had accessed the personal data of about 14,000...
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airlines has agreed to by hawaiian airlines in a 1.9 billion dollar deal. >> the airline says the combined company would be based in seattle where alaska airlines is currently headquartered. hawaiian airlines has struggled in recent years. competition to the hawaiian islands is ramped up. alaska has agreed to take on about 900 million dollars in debt. hawaiian stock closed on friday and just under $5. a share, which is down nearly 53% this year. alaska says it plans to pull resources and keep their respective brand identities. today crews are working on getting the plane out of the bay in hawaii, according to the navy, crews were able to get that p 8 a poseidon plane on top of roller bags by 8.30, this morning once on land, officials say they will inspect and monitor the aircraft until it toad and cleaned and then repaired. officials say it will cost an estimated 1.5 million dollars to remove theraircraft. now to some developing news in indonesia. volcano is exploding, stranding and injuring climbers on the mountain on saturday, 75 climbers started their way up to 9,000 foot mountain. so f
airlines has agreed to by hawaiian airlines in a 1.9 billion dollar deal. >> the airline says the combined company would be based in seattle where alaska airlines is currently headquartered. hawaiian airlines has struggled in recent years. competition to the hawaiian islands is ramped up. alaska has agreed to take on about 900 million dollars in debt. hawaiian stock closed on friday and just under $5. a share, which is down nearly 53% this year. alaska says it plans to pull resources and...
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we just spoke about alaska airline's $1.9 billion deal to buy hawaiian airlines. roche agreeing to take over carmont therapies for $2.7 billion but it's been a slow year for deal activity. our next guest points out while october was the best year for m&a since november 2022, it slowed to $177 billion of deal volume. with one month left of 2023, are more deals in the pipeline and should we expect a pickup in activity in 2024? joining us, citi head of investment banking, john. thank you for being here. even looking back to 2022, people would say it's kind of a lower bar as a look-back for m&a. we just talked about the regulatory environment, the uncertainty surrounding the rates environment. what is it going to be? what needs to clear up for boards to say, you know what, we've got these pent-up deals that we've been wanting to do. now or never, we're going to go ahead and do them. >> based on what we're seeing, i think '24 will be a strong year. a couple of things. tough year when you think about the global economic and political back drop. but more importantly, i t
we just spoke about alaska airline's $1.9 billion deal to buy hawaiian airlines. roche agreeing to take over carmont therapies for $2.7 billion but it's been a slow year for deal activity. our next guest points out while october was the best year for m&a since november 2022, it slowed to $177 billion of deal volume. with one month left of 2023, are more deals in the pipeline and should we expect a pickup in activity in 2024? joining us, citi head of investment banking, john. thank you for...
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alaska airlines acquiring hawaii airlines. $18 a share, nearly four times where hawaiian closed on friday. alaska down 14%, the biggest drop since the start of the pandemic. let's get more on this deal now with phil lebeau. hey, phil. >> hey, melissa. this is an interesting deal. if it goes through, with, not surprisingly, both alaska and the hawaiian ceos believe it will. it's a $1.9 billion deal. $900 million, by the way, of hawaiian debt would be acquired by alaska. both brands remain. they continue flying alaska and hawaiian airlines, but they're going to be under one corporate umbrella, going to be run by alaska. the approval is expected within 12 to 18 months, and, yes, the ceos realize that many believe the doj will likely, you know, fight this, and not approve of it. here's what the hawaiian ceo had to say this morning when we put that question to him. >> this transaction needs to be looked on on its own merits, not compared to any other. but it is pro-consumer. we're giving more options to travelers to hawaii. there's really not a lot of overlap, and the root networks are very co
alaska airlines acquiring hawaii airlines. $18 a share, nearly four times where hawaiian closed on friday. alaska down 14%, the biggest drop since the start of the pandemic. let's get more on this deal now with phil lebeau. hey, phil. >> hey, melissa. this is an interesting deal. if it goes through, with, not surprisingly, both alaska and the hawaiian ceos believe it will. it's a $1.9 billion deal. $900 million, by the way, of hawaiian debt would be acquired by alaska. both brands remain....
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i mean, hawaiian airlines -- or hawaiian holdings was a quarter of a billion dollars.re than that, but together could be formidable, i guess. >> very mor formidable, if you look at it from hawaii's perspective, growth is going to be tough. southwest has added a lot more flights from california into the hawaiian islands. there's greater competition there. alaska was always strong competition there. and if you're hawaiian, where are you going to grow in the continental north america that you aren't already where you're not already. you could incrementally add more cities, but it's hard once you get beyond the hawaiian islands to the u.s., it's hard to say to people, hey, do you want to fly haw hawaiian? i don't know, i'm making something up here, los angeles to phoenix or somewhere else, once people got over here, then they were with one of the domestic carriers that were over here, primarily. this allows them into the alaska network and from alaska's perspective, you can use the hawaiian islands potentially to grow to asia-pacific routes that they would like to add thos
i mean, hawaiian airlines -- or hawaiian holdings was a quarter of a billion dollars.re than that, but together could be formidable, i guess. >> very mor formidable, if you look at it from hawaii's perspective, growth is going to be tough. southwest has added a lot more flights from california into the hawaiian islands. there's greater competition there. alaska was always strong competition there. and if you're hawaiian, where are you going to grow in the continental north america that...
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but alaska airlines agreed to buy hawaiian airlines over the weekend.t is expected to face some difficulties in getting government approval. now, federal regulators already sued to block the deal between jetblue and spirit airlines. that trial expected to wrap up in the next few days. shares in hawaiian, though, almost tripled in price as the opening bell rang this morning on news of that deal. the stock was down more than 50% on the year. hawaiian airlines has been hurt by the maui wildfires and increased competition from southwest airlines to the islands and slow air travel to and from asia since the pandemic. as we take a live look at the big board and the stocks today across the board, the three major indexes is taking quite a bit of a hit today with the dow jones down almost a half of a percent, 152 points. the s&p 500 down almost a full percentage point. and the nasdaq is down 1.5, 14,078 for the nasdaq. right now, the supreme court is hearing arguments over a settlement with purdue pharma, the maker of oxycontin. now, the settlement would shield
but alaska airlines agreed to buy hawaiian airlines over the weekend.t is expected to face some difficulties in getting government approval. now, federal regulators already sued to block the deal between jetblue and spirit airlines. that trial expected to wrap up in the next few days. shares in hawaiian, though, almost tripled in price as the opening bell rang this morning on news of that deal. the stock was down more than 50% on the year. hawaiian airlines has been hurt by the maui wildfires...
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. >>> alaska airlines will buy hawaiian airlines for $1.9 billion. company plans to keep identities of both brands. federal regulators have to approve. >>> spotify will layoff about 1500 employees. the ceo said the music streaming service hired too many employees in 2020 and 2021 back when they had more capital. spotify already cut down 800 jobs this year. >>> a live look at san francisco. look at the fog rolling in. we can see more rain on the way also. let's check in with meteorologist jessica burch. >>> that stubborn fog has been sticking around all morning. into the this afternoon, it starts to break apart. we are left with sunny skies. mix that with daytime highs above average, it's going to be a beautiful day. then clouds from offshore around the 7:00 hour tonight and that will fill the bay tomorrow morning. tomorrow morning and afternoon, partly cloudy. nothing to worry about. into our wednesday, advancing futurecast into wednesday, this storm system to the north of us will slowly start to windshield wiper into our local communities giving us
. >>> alaska airlines will buy hawaiian airlines for $1.9 billion. company plans to keep identities of both brands. federal regulators have to approve. >>> spotify will layoff about 1500 employees. the ceo said the music streaming service hired too many employees in 2020 and 2021 back when they had more capital. spotify already cut down 800 jobs this year. >>> a live look at san francisco. look at the fog rolling in. we can see more rain on the way also. let's check...
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alaska airlines is buying hawaiian airlines for a whopping $1.9 billion.ompany they say once combined will offer more flight options throughout the u.s., providing service to 138 destinations. alaska is now the fifth largest airline in the country. it expects the deal to close in about a year. but the latest consolidation in the airline industry will likely draw strut crutiny from fedregu. >>> jesse kirsch has details. >> disturbing new allegations and questions about the safety of american air travel. >> that was shocking. >> reporter: according to "the new york times," over the past two years, multiple air traffic controllers have been reported for falling asleep on the job. others allegedly directing traffic under the influence of alcohol and illegal drugs. "the times" reports one air traffic controller showed up to drunk, joking about making big money buzzed. adding another controller routinely smoked marijuana during breaks. >> it's a very, very different job. and you wouldn't want anybody impaired with a dose of alcohol. >> reporter: citing dozens of
alaska airlines is buying hawaiian airlines for a whopping $1.9 billion.ompany they say once combined will offer more flight options throughout the u.s., providing service to 138 destinations. alaska is now the fifth largest airline in the country. it expects the deal to close in about a year. but the latest consolidation in the airline industry will likely draw strut crutiny from fedregu. >>> jesse kirsch has details. >> disturbing new allegations and questions about the safety...
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Dec 4, 2023
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. >>> new consolidation in the airline industry, alaska announced it is buying hawaiian airlines for1.9 billion. the combined company plans to keep an enemies of both brands. they still have to have the deal approved although it was resisted in the past because of the worry for higher fares. >>> the beehive showed up, beyonc÷ is the queen of the's office, her concert movie debuted at number one , starting its run with the $21 million. the singer wrote, directed and produced the film which focuses on the tour for her grammy-winning album. that debut is the best for any film on the first weekend in december in 20 years. >>> throughout the bay area this morning we woke up to some really foggy conditions. luckily into the afternoon we will be left with clear skies as it moves to the south. cooler conditions along the coast as the cloud layer slowly starts to wrap in during the overnight hours. but after tonight, today and tomorrow we will see daytime highs a little above average, but for our wednesday forecast, an area of low pressure will bring in some heavy showers and that happens pre
. >>> new consolidation in the airline industry, alaska announced it is buying hawaiian airlines for1.9 billion. the combined company plans to keep an enemies of both brands. they still have to have the deal approved although it was resisted in the past because of the worry for higher fares. >>> the beehive showed up, beyonc÷ is the queen of the's office, her concert movie debuted at number one , starting its run with the $21 million. the singer wrote, directed and produced...
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Dec 5, 2023
12/23
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alaska airlines has agreed to by hawaiian airlines in a 1.9 billion dollar deal. the airline says the combined company would be based in seattle where alaska airlines is currently headquartered. airlines has in recent years as competition to the hawaiian islands ramped up alaska, he's agreed to take on about 900 million dollars in debt. hawaiian stock closed on friday at just under $5 a share, which is down nearly 53% this year. alaska says it plans to pull resources and keep their respective brand identities. still ahead tonight on kron, 4 news at 6 kron. 4 is covering the 4th republican presidential debate. >> and that includes former president trump who still leading in the polls. we'll see if attends warren who's trending as the second choice among gop voters coming up. plus, a new projection shows california's tax revenue is lower than expected and will even lower in the years to come. experts tell us why. and inflation has made real christmas trees costly in years past experts say this years past experts say this year's looking a my dry eye's made me a burni
alaska airlines has agreed to by hawaiian airlines in a 1.9 billion dollar deal. the airline says the combined company would be based in seattle where alaska airlines is currently headquartered. airlines has in recent years as competition to the hawaiian islands ramped up alaska, he's agreed to take on about 900 million dollars in debt. hawaiian stock closed on friday at just under $5 a share, which is down nearly 53% this year. alaska says it plans to pull resources and keep their respective...
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hawaiian airlines. what it could mean for your future travel plans. ben the 2023 word of the year, something tom holland said on the red carpet during an interview. >> i'm going to tell you what it is and then see if you know what it means. >> good morning. it's monday, december 4th. >> yes. and we're excited to be with you this monday, starting with a check of our forecast with drew. >> yeah, so this morning, we do have areas of fog that is pretty thick out there. there's a dense fog advisory in effect in the north bay. this until 10 a.m. this morning. but there are other areas is outside of the north bay seeing that low cloud cover oakland you have thick fog as well. we're down to a quarter of a mile there, down to about two and a half miles in mountain view. we even have fog over the city this morning. in fact, here's our rooftop camera at kgo along the embarcadero on a totally clear morning, you would be able to see the ferry building lit up in the holiday colors. the piers can't see any of that. yo
hawaiian airlines. what it could mean for your future travel plans. ben the 2023 word of the year, something tom holland said on the red carpet during an interview. >> i'm going to tell you what it is and then see if you know what it means. >> good morning. it's monday, december 4th. >> yes. and we're excited to be with you this monday, starting with a check of our forecast with drew. >> yeah, so this morning, we do have areas of fog that is pretty thick out there....
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Dec 4, 2023
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yes, alaska air is buying hawaiian airlines for 1.9 billion dollars. so this deal will unlock more destinations, particularly along the pacific and continental u.s. as well as the alaska air shares way down on this news, though. well, a new study says renting can cause you to age faster. researchers at the university of adelaide university of essex in australia say renting your home accelerates the biological aging process. but more than 2 weeks a year, they say the stress of renting like worry about having money to pay rent and the stigma of renting cars, biological aging, even more than obesity and smoking and walmart confirmed it is not advertising on x the social media platform, formerly known as twitter. walmart says they're constantly optimizing the marketing efforts and the decisions are made in a dynamic market and can change in the future. well, apple has released another update for ios. it aims to patch to possible security exploits the vulnerabilities. allow hackers to remotely plant malicious code. so just spyware on the person's device ove
yes, alaska air is buying hawaiian airlines for 1.9 billion dollars. so this deal will unlock more destinations, particularly along the pacific and continental u.s. as well as the alaska air shares way down on this news, though. well, a new study says renting can cause you to age faster. researchers at the university of adelaide university of essex in australia say renting your home accelerates the biological aging process. but more than 2 weeks a year, they say the stress of renting like worry...
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Dec 4, 2023
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alaska airlines announced a deal to buy hawaiian airlines for nearly $2 billion.he two companies have both agreed to the sale, which is expected to close in 12 to 18 months. the new company is to be based in seattle. alaska says the hawaiian brand and destination will be preserved after the merger. coming up, heading home for the holidays is how some college students can grab big discounts on flights and surprise their families for less than the cost of a late night pizza. we'll explain. also, back outside as changes are on the way for our bay area forecast. a live look at the oakland estuary. ktvu meteorologist rosemary oro be an accidental payment. as heather sullivan reports, that question led to a very public stalemate between two zelle users. >> i was i was so broken. i was so hurt. >> monica cantu says she received three zelle payments in her bank account, $45, $190. then. $1,200 from a name she didn't know. so she says she called her bank chase. >> as they explained to me, to not send any funds back. if someone were to call me that, it could be a scam. >> t
alaska airlines announced a deal to buy hawaiian airlines for nearly $2 billion.he two companies have both agreed to the sale, which is expected to close in 12 to 18 months. the new company is to be based in seattle. alaska says the hawaiian brand and destination will be preserved after the merger. coming up, heading home for the holidays is how some college students can grab big discounts on flights and surprise their families for less than the cost of a late night pizza. we'll explain. also,...
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alaska airlines, the nation's fifth largest carrier, announce an agreement to buy hawaiian airlines. is the deal worth nearly $2 billion? the companies would keep the same names but operate under one ceo. our combined entity will have more than $13 billion in annual revenue, 365 aircraft and 1400 flights a day and serve 138 destinations, including 29 international and over 1200 destinations globally through our one world alliance. >> analysts say the merger would likely be a win for hawaiian customers, with more service to north america and honolulu becoming a hub. >> the airline's loyalty program would also combine, but it's far from a done deal. jetblue last year reached a deal to buy spirit airlines, but the justice department is suing to block the merger, saying it would violate antitrust laws and drive airfares higher with fewer choices for travelers. fewer choices, critics say, because jetblue and spirit currently compete over many of the same routes. alaska airlines ceo says that's not the case between alaska and hawaiian. he says there's little overlap between them on routes.
alaska airlines, the nation's fifth largest carrier, announce an agreement to buy hawaiian airlines. is the deal worth nearly $2 billion? the companies would keep the same names but operate under one ceo. our combined entity will have more than $13 billion in annual revenue, 365 aircraft and 1400 flights a day and serve 138 destinations, including 29 international and over 1200 destinations globally through our one world alliance. >> analysts say the merger would likely be a win for...
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Dec 5, 2023
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. >>> alaska airlines announced it is buying its pacific rival hawaiian airlines for $1.9 billion. the company plans to keep the identities of both brands. federal regulators have to approve the deal and until recently have resisted more airline consolidation out of worries it could lead to higher fares. >>> there are reports of air traffic controllers admitting to being drunk, smoking marijuana, or experience violence on the job. federal officials say it could take years to fully address the factors behind it. >> the shortage is a big problem and if you look how long it takes to get a certified air traffic controller from the academy to certified in the facility could take two to three years. >> my initial focus has been on how to make these numbers go up quickly without lowering standards. >> the faa hopes a new college training program will help fast track new controllers into airports across the country. >>> in san francisco a rough start for the city's ban on street vendors in the mission. the plan was to move legal vendors set up at missions and 24th street to an indoor venue
. >>> alaska airlines announced it is buying its pacific rival hawaiian airlines for $1.9 billion. the company plans to keep the identities of both brands. federal regulators have to approve the deal and until recently have resisted more airline consolidation out of worries it could lead to higher fares. >>> there are reports of air traffic controllers admitting to being drunk, smoking marijuana, or experience violence on the job. federal officials say it could take years to...
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Dec 4, 2023
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hawaiian airlines has a market cap of about 250 million. only up one 90%. quite a move. up next, ford shares, they're higher too. we're going to break down what is behind that stocks pop and how it could impact the rest of the auto space. that and much more when we take it inside the market zone. >>> the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com first time i connected with kim, she told me that her husband had passed. and that he took care of all of the internet connected devices in the home. i told her, “i'm here to take care of you.” connecting with kim... made me reconnect with my mom. it's very important to keep loved ones close. we know that creating memories with loved ones brings so much joy to your life. a family trip to the team usa training facility. i don't know how to thank you. i'm here to thank
hawaiian airlines has a market cap of about 250 million. only up one 90%. quite a move. up next, ford shares, they're higher too. we're going to break down what is behind that stocks pop and how it could impact the rest of the auto space. that and much more when we take it inside the market zone. >>> the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales...
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Dec 29, 2023
12/23
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such as alaska, frontier and hawaiian airlines will still offer rewards for miles flown.l. experts say airlines have decided dollars base rewards are a better indicator of loyalty other than those based on miles. and californians can now recycle their empty wine and liquor containers and get paid for it in the new year. according to cal recycle, several new beverage containers have been added to the state's recycling program, wine liquor and large juice bottles can now all be recycled for cash, glass, aluminum, plastic and by metal containers. less than 24 ounces are worth $0.5. each wine, bottles and other similar containers are worth $0.10 to recycle pouches and paperback cartons that contain wian and other distilled spirits can also be recycled. now for $0.25 each. still to come on the news at 5, protesters have gathered at travis air force base in fairfield demanding a cease-fire in gaza. >> how that bases affected? plus, ongoing fallout after a san francisco rapper here and restauranteur recently released a video criticizing mayor breed another city leaders. what he'
such as alaska, frontier and hawaiian airlines will still offer rewards for miles flown.l. experts say airlines have decided dollars base rewards are a better indicator of loyalty other than those based on miles. and californians can now recycle their empty wine and liquor containers and get paid for it in the new year. according to cal recycle, several new beverage containers have been added to the state's recycling program, wine liquor and large juice bottles can now all be recycled for cash,...
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as alaska airlines announced an agreement to acquire hawaiian airlines in a nearly $2 billion deal. now, if the deal goes through alaska airlines will be the fifth largest airline nationwide. the companies say honolulu, hawaii, will become a major hub, offering expanded service to locations throughout the asia pacific region. however, experts are concerned with overlapping routes between the two airlines. >> a merger of this size whose route maps do overlap a little bit, would result in not any more cheap flights for consumers, but with fewer cheap flights for consumers. >> the deal still needs to be approved by the government and shareholders. both airlines say they will continue to operate under their current names indefinitely. >> in today's gma first look, new research shows that ozempic and other weight loss drugs may help curb alcohol addiction. here's abc news reporter erielle reshef in this morning's gma first look. >> new research on weight loss medication and alcohol use. i have no desire to drink wine anymore and it's that's crazy to me because i couldn't stop before a ne
as alaska airlines announced an agreement to acquire hawaiian airlines in a nearly $2 billion deal. now, if the deal goes through alaska airlines will be the fifth largest airline nationwide. the companies say honolulu, hawaii, will become a major hub, offering expanded service to locations throughout the asia pacific region. however, experts are concerned with overlapping routes between the two airlines. >> a merger of this size whose route maps do overlap a little bit, would result in...
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Dec 4, 2023
12/23
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alaska airlines wants to purchase hawaiian airlines. this is a deal worth nearly $2 billion and it needs government approval. >> the government has been grumpy on mergers and acquisitions lately. the comparison is trying to stop jetblue from buying spirit. this is different because alaska and hawaii don't share that many routes, so one would assume there will be the same number of flights after the proposed merger as there were before, and neither is a low-cost airline like spirit. so, the companies will likely argue they won't be raising fares, which is the government's main concern. here's the head of alaska airlines over the weekend. >> this combination allows us to better serve the people of hawaii, expand alaska's reach across the pacific, and create an even stronger airline. >> stronger and growing. alaska airlines purchased virgin america a few years back. >> and then expanded that way. i miss that airline. they had a cheese plate you could order from your seat. >> i missed it. >> this is different for the simple reason they kill
alaska airlines wants to purchase hawaiian airlines. this is a deal worth nearly $2 billion and it needs government approval. >> the government has been grumpy on mergers and acquisitions lately. the comparison is trying to stop jetblue from buying spirit. this is different because alaska and hawaii don't share that many routes, so one would assume there will be the same number of flights after the proposed merger as there were before, and neither is a low-cost airline like spirit. so,...
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Dec 4, 2023
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alaska air and hawaiian airlines agreeing to a deal. alaska.is alaska air and hawaiian air merging. will regulators get on board? >>> spotify taking the axe to the work force for the first time this year. it is monday, december 4th, they tell me, 2023. "squawk box" begins right now. >>> good morning. welcome to "squawk box" here on cnbc.is morning. i'm becky quick along with joe kernen and andrew ross sorkin. the s&p is down by 14. if you are watching treasury yields, you see the ten-year yield is 4.24. the two-year yield is 4.6%. all of this prab
alaska air and hawaiian airlines agreeing to a deal. alaska.is alaska air and hawaiian air merging. will regulators get on board? >>> spotify taking the axe to the work force for the first time this year. it is monday, december 4th, they tell me, 2023. "squawk box" begins right now. >>> good morning. welcome to "squawk box" here on cnbc.is morning. i'm becky quick along with joe kernen and andrew ross sorkin. the s&p is down by 14. if you are watching...
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Dec 3, 2023
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we are also following big news in the business world with alaska airlines agreeing to buy its rival hawaiiansays once combined they will offer more flight options in the u.s. it expects to close the deal in about a year. >>> the legendary rock band kiss made history last night playing what they called their final concert ever at madison square garden. george solis has more. ♪♪ ♪♪ >> for 50 years -- ♪ i want to rock 'n' roll all night ♪ ♪ and party every day ♪ >> they rock 'n' rolled every night, but last night -- ♪♪ ♪♪ >> the party finally ended. >> this is the end of the road. >> the legendary rock band displaying for one last time at a sold-out madison square garden. >> it seems sad, but tonight's the night for joy. tonight's the night to celebrate what we did ♪♪ ♪♪ >> the band formed in 1973 and quickly rose to fame, powered just as much by their music -- ♪♪ ♪♪ ♪♪ ♪ you were made for loving me ♪ >> as by their over the top-costume, elaborate face paint and wild on stage antics. >> from pyrotechnics to an iconic guitar smash at the end of every concert. ♪♪ ♪ >> but after five decades and 1
we are also following big news in the business world with alaska airlines agreeing to buy its rival hawaiiansays once combined they will offer more flight options in the u.s. it expects to close the deal in about a year. >>> the legendary rock band kiss made history last night playing what they called their final concert ever at madison square garden. george solis has more. ♪♪ ♪♪ >> for 50 years -- ♪ i want to rock 'n' roll all night ♪ ♪ and party every day ♪...
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Dec 4, 2023
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hawaiian airlines por casi 2 mil millones de dólares.ara los viajeros en el país y también a lo largo de todo el mundo. y con eso pasamos a revisar cómo estarán las condiciones del tiempo. seguirán estas bajas tempera? pasamos con nuestro compañero guillermo quiroz que nos responde esta pregunta. guillermo gracias. >> qué tal? buenas tardes, feliz domingo para todos ustedes. vamos a hablar de lo que está sucediendo ya en el golfo de alaska. claramente se ve este sistema poderoso, muy bien organizado. recuerde que el primero ya entró sobre todo lo que es el sur de canadá. parte de oregon y washington, pero bien, esa conexión de toda esa humedad que viene desde zonas subtropicales, es decir, el río atmosférico directamente en camino nuevamente oregón, washington y norte de california . así que para nosotros ha entrado este primero que ya lleva el color azul, todavía ese aire frío que son las nevadas, el color verde son las lluvias que están entrando al norte de california, pero por supuesto que para oregon y washington ha traído fuertes in
hawaiian airlines por casi 2 mil millones de dólares.ara los viajeros en el país y también a lo largo de todo el mundo. y con eso pasamos a revisar cómo estarán las condiciones del tiempo. seguirán estas bajas tempera? pasamos con nuestro compañero guillermo quiroz que nos responde esta pregunta. guillermo gracias. >> qué tal? buenas tardes, feliz domingo para todos ustedes. vamos a hablar de lo que está sucediendo ya en el golfo de alaska. claramente se ve este sistema poderoso,...
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Dec 5, 2023
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planea comprar hawaiian airlines en un acuerdo valorado en casi 2 mil millones de dólares y de aprobarseón de los accionistas y en última instancia, también de los reguladores estatales o federales más bien. pero la diferencia de cuando alaska tomó control de la aerolínea virgin america y eliminó la marca en este caso alaska, lo que propone es mantener la marca de hawaiian . la otra cosa que es diferente es que virgin volaba a todo tipo de lugares. vámonos volando rápidamente para conocer las condiciones del tiempo con diana y arana. >> buenas tardes, muy buenas tardes y esta semana nos va a traer un poquito de ese invierno lluvia, un descenso en las temperaturas pero también neblina, especialmente a partir de esta noche, al amanecer para mañana. >> condiciones actuales alrededor de la bahía en san josé, 62 grados. vientos calma desde el norte hacia el sur en oakland, con 56 grados hacia dublín con 61 y en san francisco con 60 grados. ahorita estamos viendo también una advertencia por neblina densa en los condados de sacramento y san joaquín. pero es posible de que también esto incluya m
planea comprar hawaiian airlines en un acuerdo valorado en casi 2 mil millones de dólares y de aprobarseón de los accionistas y en última instancia, también de los reguladores estatales o federales más bien. pero la diferencia de cuando alaska tomó control de la aerolínea virgin america y eliminó la marca en este caso alaska, lo que propone es mantener la marca de hawaiian . la otra cosa que es diferente es que virgin volaba a todo tipo de lugares. vámonos volando rápidamente para...
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alaska air announced today it's acquiring hawaiian airlines for $1.9 billion. the deal, which needs government approval, comes after several months of negotiations. hawaiian ceo says both companies will keep their brands. the merger will also turn honolulu zoo into the company's second largest hub. that could enable greater international connectivity for west coast travelers. a warning tonight from the us secret service about so-called pig butchering scams. it's a type of crypto fraud and it's on the rise. the secret service says the scam originated in southeast asia and is spreading globally. the abc7 news i-team found out how hackers are specifically targeting silicon valley tech workers. i-team reporter stephanie sierra spoke with the secret service special agent about the impact here in the bay area. >> the pig butchering scam, it's a type of romance scam that's a little more sophisticated in which criminals lure victims into a virtual relationship to build trust over time. eventually, the victim is convinced into investing in the cryptocurrency online. we
alaska air announced today it's acquiring hawaiian airlines for $1.9 billion. the deal, which needs government approval, comes after several months of negotiations. hawaiian ceo says both companies will keep their brands. the merger will also turn honolulu zoo into the company's second largest hub. that could enable greater international connectivity for west coast travelers. a warning tonight from the us secret service about so-called pig butchering scams. it's a type of crypto fraud and it's...
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Dec 4, 2023
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alaska air is buying its pacific rival hawaiian airlines for $1.9 billion.he combined company plans to keep the identities of both brands, but the deal still has to be approved by federal antitrust regulators. >>> straight ahead on the "cbs weekend news," taylor swift is taking center stage in college classrooms, including a law school. >> plus, a look at who's in and who got snubbed from the college football playoff field. >>> an immersive under the sea experience from a hospital room. . the feeling of finding the psoriasis treatment she's been looking for. sotyktu is the first-of-its-kind, once-daily pill for moderate-to-severe plaque psoriasis... for the chance at clear or almost clear skin. it's like the feeling of finding that outfit psoriasis tried to hide from you. or finding your swimsuit is ready for primetime. dad! once-daily sotyktu is proven to get more people clearer skin than the leading pill. don't take if you're allergic to sotyktu; serious reactions can occur. sotyktu can lower your ability to fight infections including tb. serious infection
alaska air is buying its pacific rival hawaiian airlines for $1.9 billion.he combined company plans to keep the identities of both brands, but the deal still has to be approved by federal antitrust regulators. >>> straight ahead on the "cbs weekend news," taylor swift is taking center stage in college classrooms, including a law school. >> plus, a look at who's in and who got snubbed from the college football playoff field. >>> an immersive under the sea...
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alaska air announced today it's acquiring hawaiian airlines. for $1.9 billion.al, which needs government approval, comes after several months of negotiations. hawaiian's ceo says both companies will keep their brands. the merger will also turn honolulu into the company's second largest hub that could enable greater international connectivity for west coast travelers. well, a warning tonight from the us secret service about so-called pig butchering scams. it's a type of crypto fraud and it's on the rise. the secret service says the scam originated in southeast asia and is spreading globally. the abc7 news i-team found out on how hackers are specifically targeting silicon valley tech workers. i-team reporter stephanie sierra spoke with a secret service special agent about the impact here in the bay area and the pig butchering scam. >> it's a type of romance scam that's a little more sophisticated in which criminals lure victims into a virtual relationship to build trust over time. eventually, the victim is convinced into investing into cryptocurrency tsay online w
alaska air announced today it's acquiring hawaiian airlines. for $1.9 billion.al, which needs government approval, comes after several months of negotiations. hawaiian's ceo says both companies will keep their brands. the merger will also turn honolulu into the company's second largest hub that could enable greater international connectivity for west coast travelers. well, a warning tonight from the us secret service about so-called pig butchering scams. it's a type of crypto fraud and it's on...
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Dec 3, 2023
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. -- captions by vitac -- www.vitac.com ou do, >>> just in, alaska airlines says it's acquiring hawaiianfor $1.9 billion. the surprise announcement today, saying the acquisition would lead to the fifth largest commercial fleet in the country. but the union that represents 9,000 flight attendants between the two airlines will determine if the merger will improve conditions for flight attendants before supporting that deal. joining me today.ou so m much f i'm jessica dean. "cnn newsroom" continues with jim acosta right now. ♪
. -- captions by vitac -- www.vitac.com ou do, >>> just in, alaska airlines says it's acquiring hawaiianfor $1.9 billion. the surprise announcement today, saying the acquisition would lead to the fifth largest commercial fleet in the country. but the union that represents 9,000 flight attendants between the two airlines will determine if the merger will improve conditions for flight attendants before supporting that deal. joining me today.ou so m much f i'm jessica dean. "cnn...
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Dec 3, 2023
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. -- captions by vitac -- www.vitac.com ou do, >>> just in, alaska airlines says it's acquiring hawaiian airlines for $1.9 billion. the surprise announcement today, saying the acquisition would lead to the fifth largest commercial fleet in the country. but the union that represents 9,000 flight attendants between the two airlines will determine if the merger will improve conditions for flight attendants before supporting that deal. joining me today.ou so m much f i'm jessica dean. "cnn newsroom" continues with jim acosta right now. ♪ >>> you are live in the "cnn newsroom." i'm jim acosta in washington. good evening. we begin with an urgent call for evacuations across gaza, as israel expands its fight against hamas. the israel defense forces are now telling civilians in parts of both southern and northern gaza to evacuate as it carries out hundreds of air strikes. the u.n. estimates that more than 1.8 million people, nearly 80% of the population of gaza, have to leave their homes for safety since october 7th. and in the red sea, a u.s. defense official says an american warship shot down d
. -- captions by vitac -- www.vitac.com ou do, >>> just in, alaska airlines says it's acquiring hawaiian airlines for $1.9 billion. the surprise announcement today, saying the acquisition would lead to the fifth largest commercial fleet in the country. but the union that represents 9,000 flight attendants between the two airlines will determine if the merger will improve conditions for flight attendants before supporting that deal. joining me today.ou so m much f i'm jessica dean....
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. >>> is alaska airlines says it's acquiring hawaiian airlines for $1.9 billion. the surprise announcement made today by the ceo saying that acquisition to lead to the fifth largest commercial fleet in the country. but the flight attendant's union, which represents 9,000 flight attendants between the two airlines, will determine if the merger will improve conditions for flight attendants before supporting that deal. >>> the newest group of kennedy center honorees will be honored tonight, receiving tributes to their lifetime achievements. the kennedy center honor tributes for them. flemming sang the national anthem and qukeep latifah performed "america the beautiful. "cnn newsroom continues after this. >>> hi, everyone. thanks for joining me.
. >>> is alaska airlines says it's acquiring hawaiian airlines for $1.9 billion. the surprise announcement made today by the ceo saying that acquisition to lead to the fifth largest commercial fleet in the country. but the flight attendant's union, which represents 9,000 flight attendants between the two airlines, will determine if the merger will improve conditions for flight attendants before supporting that deal. >>> the newest group of kennedy center honorees will be...
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. >>> major airline merger. alaska airlines buying hawaiian for nearly $2 billion. what it means for passengers. >>> abc news obtains body camera footage of an 8-year-old being pinned to the ground by a school resource officer. his parents now file a federal lawsuit. >>> ozempic and alcohol use disorder. the new study offering hope for potentially using semaglutide for those who drink excessivery. >>> a family turning their son's painful death by fentanyl into a crusade. >>> academy award nominated actress struck in the face by an object at comicon. >>> side lined. the uproar over the college football playoff collection. why undefeated florida state missed the cut. >>> return roulette. with 21 shopping days until christ christmas, the so called keep it return policy that could get your money back. many happy returns indeed. ♪ shake it off ♪ >> packers win! >> a packed house for a wild sunday night. filled with fireworks and fanfare, super star fun worth flipping out over. and the game's hero? love. >> announcer: live in times square, this is good morning america. >>
. >>> major airline merger. alaska airlines buying hawaiian for nearly $2 billion. what it means for passengers. >>> abc news obtains body camera footage of an 8-year-old being pinned to the ground by a school resource officer. his parents now file a federal lawsuit. >>> ozempic and alcohol use disorder. the new study offering hope for potentially using semaglutide for those who drink excessivery. >>> a family turning their son's painful death by fentanyl...
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today, alaska airlines announced it plans to buy rival hawaiian airline for nearly $2 billion. >> what bay area's marianne favro joins us live to break down what the merger could mean for passengers. >> reporter: despite the acquisition, you won't see hawaii airlines planes painted over with a new name. the brand is going to remain the same. this deal is expected to close anywhere between 12 to 18 months. you can expect that it's going to mean that it will give customers expanded domestic and international choices. >> our combined entity will have $13 billion in annual rev, 365 aircraft, 1,400 flights a day, and serve 138 destinations, including 28 international and over 1,200 destinations globally, through our one-world alliance. >> reporter: the ceo of alaska airlines says the merger will shape honolulu into alaska airlines' second largest hub. that means bay area travelers will have better access to asia with one-stop service through hawaii. the new combined company will be based in seattle. that's where alaska airlines is currently headquartered. first, the merger must be approved
today, alaska airlines announced it plans to buy rival hawaiian airline for nearly $2 billion. >> what bay area's marianne favro joins us live to break down what the merger could mean for passengers. >> reporter: despite the acquisition, you won't see hawaii airlines planes painted over with a new name. the brand is going to remain the same. this deal is expected to close anywhere between 12 to 18 months. you can expect that it's going to mean that it will give customers expanded...
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hawaiian airlines even smaller.delta, and american airlines is the senior research analyst. why did this happen? is this too many dinosaurs meeting? what is the y versus united, delta, american? >> we think the why is to forget this is a continuation of consolidation we have seen in the past for the industry, but also during the pandemic, we did not have the consolidation we probably should have had. we had the government stepping into save the airline industry, and unfortunately, they could not save everybody, so now you are getting a washout. i think for alaska and hawaii specifically, it really will help them cross the bridge to the other side of the river so to speak where they will be able to survive as the consumer brand. tom: away from the financial part, where is the flight that really is going to add value? is it lax to hawaii, something jon has taken a million times? what is the flight where you thought the synergy could happen? helane: it is more hawaii to the mainland. for people who come to -- first of
hawaiian airlines even smaller.delta, and american airlines is the senior research analyst. why did this happen? is this too many dinosaurs meeting? what is the y versus united, delta, american? >> we think the why is to forget this is a continuation of consolidation we have seen in the past for the industry, but also during the pandemic, we did not have the consolidation we probably should have had. we had the government stepping into save the airline industry, and unfortunately, they...
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alaskan air agreed to buy rival hawaiian airlines in a deal worth $1.9 billion.ska will pay $18 per share and it includes hawaiian's debt. plus, uber is joining the s&p 500 after reporting two straight quarters of operating profits after a big rally in the rideshare company's shares this year. prior to his inclusion, uber was one of the largest companies eligible to be added to the index with a market cap of over $118 billion. manufacturing services company jabril and builders firstsrouce are set to join the index later this month. coming up how do we find just energy transitions in emerging economies? we are live at the summit. this is bloomberg. ♪ it's an amazing thing when you show generosity of spirit to someone. and you want people to be saved and to have a better life, then you don't stop. we have been able to reach over 100 million people impacted and affected, and at risk of hiv. the rocket fund takes all of the work that we're doing, all over the world, and looks at the most effective ways, to get resources to them, to get services to them. the idea that
alaskan air agreed to buy rival hawaiian airlines in a deal worth $1.9 billion.ska will pay $18 per share and it includes hawaiian's debt. plus, uber is joining the s&p 500 after reporting two straight quarters of operating profits after a big rally in the rideshare company's shares this year. prior to his inclusion, uber was one of the largest companies eligible to be added to the index with a market cap of over $118 billion. manufacturing services company jabril and builders firstsrouce...
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alaska airlines wants to buy hawaiian airlines in a deal worth nearly $2 billion. scott mcgrew is here for us. not the first time we've seen something like this. we're going to have to get government approval first, right? >> the government has been grumpy about mergers and acquisitions lately. the obvious comparison is jetblue trying to buy spirit. the government doesn't want them to. that's in court right now. this case is a little bit different because alaska and hawaiian don't share the same routes, or not many. we assume there would be the same number of flights after the proposed merger as there were before. neither is a low cost airline like spirit, so the company could argue they won't be raising fares, which is certainly the government's main concern. here is the head of alaska airlines over the weekend. well, it sounds like -- there we go. >> the people of hawaii expand alaska's reach across the pacific and create an even stronger airline. >> so this really is showing how alaska airlines has been growing. they purchased virgin america a while back. >> i w
alaska airlines wants to buy hawaiian airlines in a deal worth nearly $2 billion. scott mcgrew is here for us. not the first time we've seen something like this. we're going to have to get government approval first, right? >> the government has been grumpy about mergers and acquisitions lately. the obvious comparison is jetblue trying to buy spirit. the government doesn't want them to. that's in court right now. this case is a little bit different because alaska and hawaiian don't share...
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hawaiian airlines for $1 billion in cash or $18 a share.ga carriers infringe on routes and customers. it would make alaska the fifth largest carrier in the u.s. if a approved. there could be regulatory scrutiny from the justice department. the blocked a merger between jetblue and spirit airlines earlier this year. the stocks are performing as yu would expect, aha say. maria: big moves. thank you. meanwhile, now it is getting really important to focus on what's going on in china. five republican senators have sent a letter to president biden urging him to impose travel restrictions from china into the united states as it sees a surge in respiratory illness in children. the senators write this, the chinese communist party has a long history of lying about public health crises. during the covid-19 pandemic the lack of trans parent you sigh robbed the united states -- transparency robbed the united states about vital information about the disease and the origin. i spoke with governor kristi noem about this yesterday. do you think right now is t
hawaiian airlines for $1 billion in cash or $18 a share.ga carriers infringe on routes and customers. it would make alaska the fifth largest carrier in the u.s. if a approved. there could be regulatory scrutiny from the justice department. the blocked a merger between jetblue and spirit airlines earlier this year. the stocks are performing as yu would expect, aha say. maria: big moves. thank you. meanwhile, now it is getting really important to focus on what's going on in china. five republican...
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airlines acquired by alaska air by $2 billion including debt perhaps the 15% selloff in alaska air reflex worry that the grinch regulators might stymie the deal, we don't know but they don't like airline deals, to the market, your portfolio and the floor show, pacific capital peter schiff in creative planning ceo peter mallik, i'm going to call you by your last name, the s&p with the stocks often investors about the stocks in 2023, gains of 19%, as we wind out the year, when you make the point you started out two years essentially where you started, do you expect this could be the case in 2024? >> i'm very bullish it's very excited to be the month of november with the quarter or the year but if you look back two years as a whole lotta nothing for the s&p 500 and big tech has done a little bit better than that and as we see as rates go up in a reasonably soft landing in the future looks bright borrowing something unexpected happening on the table. liz: peter you usually have an outlook on that, gold which is one of your favorite investments since you were four years old is really perking u
airlines acquired by alaska air by $2 billion including debt perhaps the 15% selloff in alaska air reflex worry that the grinch regulators might stymie the deal, we don't know but they don't like airline deals, to the market, your portfolio and the floor show, pacific capital peter schiff in creative planning ceo peter mallik, i'm going to call you by your last name, the s&p with the stocks often investors about the stocks in 2023, gains of 19%, as we wind out the year, when you make the...
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alaska air is buying its pacific rival hawaiian airlines for $1.9 billion.mpany plans to keep the identities of both brands, but the deal still has to be approved by federal antitrust regulators. >>> there's a lot more news ahead on the "cbs overnight news." >>> taylor swift is taking center stage in college classrooms, including a law school. >>> plus a look at who's in and who got snubbed from the college football playoff field. >>> and an immersive under the sea experience from a hospital room. sometimes jonah wrestles with falling asleep... ...so he takes zzzquil. the world's #1 sleep aid brand. and wakes up feeling like himself. get the rest to be your best with non-habit forming zzzquil. ♪ ♪ listen, your deodorant just has to work. i use secret aluminum free. just swipe and it lasts all day. secret helps eliminate odor, instead of just masking it. and hours later, i still smell fresh. secret works! ohhh yesss. ♪♪ sometimes, the lows of bipolar depression feel darkest before dawn. with caplyta, there's a chance to let in the lyte. caplyta is proven to d
alaska air is buying its pacific rival hawaiian airlines for $1.9 billion.mpany plans to keep the identities of both brands, but the deal still has to be approved by federal antitrust regulators. >>> there's a lot more news ahead on the "cbs overnight news." >>> taylor swift is taking center stage in college classrooms, including a law school. >>> plus a look at who's in and who got snubbed from the college football playoff field. >>> and an...