jetblue is down as a traditional . caroline: we were just mentioning jetblue to acquire airlines.ng us now is the ceo --. she was disappointed the plans you have would not come to pass. talk about your plans without them shortly. what was the point you realized a merger with spirit wasn't going to happen? >> it became clear in the last few weeks it likely wasn't going to happen. we are disappointed in the deal not going through. that is why we are growing as fast as we can. >> you guys fought hard. the vote was pushed back four times. why wouldn't you increase your offer to really seal that deal? barry: our board took a disciplined approach and we were not going to pay for spirit. in the in, spirit voted for jetblue. at the same time, we still win. this is paving the way for us. we are disappointed with the outcome isn't terrible for us. >> will you be pushing it for -- will you be pushing for it to be blocked on those lines? barry: i am not going to speculate on what is going to happen on the regulatory process. we are here to talk about frontier and what we have in the future an

. >>> jetblue and spirit reaching a deal to join forces. what made spirit's ceo jump on board and how the airlines plan to win over the department of justice. >>> four cases of covid among almost 1 million people in lockdown as the zero covid policy returns to the place where the pandemic began. these folks don't have time to go to the post office they use stamps.com all the services of the post office only cheaper get a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again. flowers are fighters. get a 4-week trial plus postthat's why the a dialzheimer's association walk to end alzheimer's is full of them. because flowers find a way to break through. just like we will. join the fight at alz.org/walk as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network with no line activation

. >> well, it could be, kelly, if you believe that this means that jetblue perhaps can strike a dealong ways from saying that that's a certainty. at this point when you look at this deal it has been postponed and at least the merger vote by shareholders with spirit and frontier has been postponed to happen next friday we'll see if that holds true it was supposed to happen today, it didn't. as you look at these two deals keep in mind that the jetblue deal and both are a combination of cash and stock and the jetblue deal is considered richer at 3.7 billion versus frontier at th2.6 billion. if it feels like it's going on for months that's because it has been and spirit and jetblue has been rejected and frontier twice accepted by spirit and it remains to be seen and the fact that it's been canceled twice an indication as you take a look at shares of spirit and that's an indication that the institutional shareholders have made it clear they do not like this deal, at least the current deal between spirit and frontier spirit will not even bring it to the shareholders at this point and keep

. >> reporter: jetblue is bringing a new airline on board. the carrier is buying spirit air for $3.8 billion, which would create the nation's fifth largest airline. the deal comes just one day after a potential merger between spirit and frontier airlines fell apart. >> we've known for weeks that spirit shareholders were favoring jetblue's offer over a competing one from frontier. >> reporter: david slotnick from the points guy says if the deal holds, spirit will fall under the jetblue brand. >> by acquiring spirit, they can basically double in size overnight. they're going the take on all of spirit's airplanes, all of their staff, convert everything to the jetblue style. >> reporter: under jetblue, the rock bottom prices could go away. the airline is known for low rates and often leads to market when it comes to customer complaint. >> i hope it makes it better. from my experience, i've never had a good flight with spirit. so hopefully they make a lot of good changes to that. >> reporter: but this deal is likely to space scrutiny, and it must

jetblue will pay $53.30 per share in cash. that is the same as the prior proposal. on this, they are saying that $33.50, including a prepayment that is payable upon spirit stockholders' approval of the transactions, and a ticking fee of $.10 a month that starts in january 2023 with a diluted equity value and an adjusted enterprise value of $7.6 billion. this is breaking news. we are going to keep digging through this. we also have a programming note for you. at 7:30 will bring you an exclusive interview with the ceos of both jetblue and spirit air. we will see if this will be approved by regulators. >> what makes it interesting for shareholders, finally, was this idea that we are basically paying you irrespective of what happens here, and you are going to get a decent amount of money for your risk, which is a little bit different from where we were. in the meantime, let's talk about stx, because stx is launching a stock trade. anyone in the u.s. can trade stock in addition to crypto on the platform. we have an exclusive interview with brett harrison. brett, you are

that clears the day for jetblue, and if the deal happens, a combined spirit and jetblue would be then the united states. >>> the ev maker tells employees that the company needs to be able to continue to grow, and inflation, rising rates, and raw material costs are making it hard to raise additional cash. rivian shares are down nearly 7% this year in the extended trade this morning. wilford? >> can tessa, thank you so much for that. >>> the company reported its very first year on year revenue decline, and mark zuckerberg said things are worse than a few months ago. let's get you caught up with all of the factors. jared, very good morning to you. thank you so much for joining us here on worldwide exchange. let's talk about meta, first of all. clearly declining premarket quite sharply, and it follows a sharp decline year to date. how bad are these numbers? >> you look at meta last night, revenue came down 1% year on year, the very first ever year on year revenue decline. so objectively, they are not good, but i think we all need to take a step back. they were in line with their god for

. >>> jetblue and spirit joining forces. what made spirit's ceo a jump on board? and how did airlines plan to win over the department of justice? >>> four cases of covid. almost 1 million people in lockdown. we return to the place the pandemic began. [whistling] when you have technology that's easier to control... that can scale across all your clouds... we got that right? yeah, we got that. it'sasier to be an innovator. so you can do more incredible things. [whistling] wanna help kids get their homework done? so you can do more incredible things. well, an internet connection's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. through projectup, comcast is committing $1 billion so millions more students can continue to get the tools they need to build a future of unlimited possibilities. >>> jetblue airways agreed to by spirit airlines in a $3.8 billion merger. this will create the wor

jetblue striking a deal to acquire spirit airlines. looks at the potential impact for travelers and their pocketbooks. >> reporter: this morning with jetblue saying it's buying ultra low cost carrier spirit airlines, some major questions. is the u.s. airline industry about to see a major shift, and how will it affect you, the consumer? >> i think it's bad news for travelers. >> reporter: scott keyes, founder of scott's cheap flights, is one of the many concerned the move could raise ticket prices. >> competition between airlines is the single biggest determinant of how many cheap flights you see on any given route. >> reporter: he says spirit is an anchor in the airfare market with fares as low as $44 each way, but not including extras like a larger carry-on or seat assignment. keyes says big airlines like delta and american will lower their prices to compete with spirit on the same routes. >> they need to drop those fares to try to compete and get more customers. >> reporter: the announcement of the deal after rejecting another propos

similar to what frontier offers, they agreed to do it even when jetblue made bigger bidding, a jetbluel would be rejected by biden because it limits competition but one spirit rejected the deal, spirit's ceo did an about-face and now tauts the benefits of joining jetblue. >> we had a merger agreement. we were soliciting on that agreement. now we are where we are today. a very exciting transaction on behalf of our shareholders and team members going to deliver a lot of value, create a big national competitor. >> reporter: it may take more than a year for the department of justice to decide if the combination of jetblue and spirit is good for travelers. winning over the doj will not be easy which is why jetblue and spirit are willing to give up some of the gates at airports where both airplanes operate. shep? >> thank you. >>> third parties in this country have failed over and over again. and yet there is a new group that is giving it a go. this time they say it will work. one of the republicans behind it is with us tonight. >>> a vote on helping veterans expose to burn pits failed in th

and flight cancellations as spirit drops its emergencier talk with frontier striking a deal with jetblue instead. frontier ceo is here in a fox business exclusive to respond to all of this. and china warns president biden not to play with fire over taiwan. hunter biden continues to come under scrutiny over links to a chinese gasoline company. i'm getting reaction from wisconsin senator ron johnson today. but first, here's a look at where the markets ended. a really strong month of july after a week of huge economic developments. the federal reserve hiking interest rates by another 75 basis points and gdp shrinking by 1% in the second quarter bring the u.s. into a recession and the inflation hotter than expected and president biden touts an almost $370 billion spending plan to combat the climate crisis. joining me right now is the former acting chair of the white house council of economic advisers tyler good speed and andy putzer. gentlemen, good to see you and thank you for being here. tyler, i'll start with you and take a look at the week that was. feds raising rates 75 basis points and

why was he so emphatic so long that regulators would never approve a deal between spirit and jetbluey think they can get it across the finish line. look, let's talk about the obvious elephant in the room here, sara this is a far richer deal which rewards spirit shareholders even if it is ultimately rejected by the doj. so if you are a spirit shareholder, you can put the gun to the head so to speak of spirit management and say make this deal, even if it ultimately dies, you still get rewarded you still get paid by jetblue. i think that's a big component of this agreement between spirit and jetblue, though nobody will come out and say that. >> so are the analysts thinking it actually gets done? >> oh, there's a lot of skepticism there look, could it happen? yes. but we know that the biden administration is already taking jetblue to court over its northeast alliance with american they want to unwind that do you think that they're going to be more receptive to a jetblue/spirit merger? there's a healthy amount of skepticism, sara >> any merger within any industry might be also a point to

jetblue down 1.13% and jetblue is smaller than spirit's cap. jetblue is 2.6 billion market cap and spirit's is 2.7 billion. it's interesting. if regulators approve the deal, the regulators create the fifth largest airline in the u.s. and americans face high flight prices and scorching travel demand, some are worried that merging a discount airline with a higher priced one could increase fares across the industry. joining me on a fox business exclusive to discuss the entire travel sector and increase demand to get out of dodge and take a vacation is the ceo of travel and leisure michael brown. michael, the airlines are front and center in the wild demand for tickets, which are very expensive right now. the latest cpi, consumer inflation report, showed air fares dipped 2% month over month. how could the merger affect air fare and flight availability to the upside or downside? >> well, any change in the airline space will affect how people travel and people are very sensitive to overall pricing today. the great thing that we're seeing though is pe

jetblue is buying spirit air for $3.8 billion, creating the nation's fifth largest airline. if the deal holds, spirit would fall under the jetblue brand, which means that spirit's well-known rock bottom prices could go away. but it's not final yet. >> the department of justice is going to have to approve this merger. and this deal, jay, has stated that it's concerned about approving mergers in highly concentrated industries. the argument here and the one that jetblue needs to make is by combining with spirit, they can compete with the other big four. so that's american, delta, united, southwest. >> so even if regulators and shareholders approve this merger, the airlines don't expect to operate as a single carrier until 2025. >>> we reported earlier that federal action on climate change could be on the way. the governor has said it's long overdue, and that california is already making its own moves. he sat down with ben tracy for an exclusive interview. >> reporter: raging wildfires. epic flooding. record shattering heatwaves. climate change is turning summer into the season

even jetblue would rather buy spirit airlines than buy an album, right? beyonce leaked this album on purpose for the hype, which is a great move, but no one will admit it because you can't say anything bad about beyonce in this country, right? because we live in like this fascism-- no, no, i love "lemonade." "all the single ladies." i love all that stuff. but she's human, all right. you can criticize god in this country but you can't criticize beyonce. >> trevor: ronny, i'm going to stop you there. this is blasphemy. i do not think beyonce leaked the album on purpose. don't you say that on my show. >> so you don't think she leaked on purpose. therefore, what, this is what, beyonce made a mistake? she made a mistake? you're saying beyonce is incompetent. >> trevor: no, no. >> is that what you're saying. >> i would never say that! >> see, even you. you're part of the problem right now. >> trevor: no! >> you can't even say something bad about beyonce. i dug through all your tweets, and this is the meanest thing you have ever said about beyonce. "where does b

if approved, jetblue would become the 5th largest airline in the united states. not our 4 zone forecast. as we take a speaking of airplanes at sfo on a low ceiling out there. but yes, right, very foggy summer in the bay area. how about that? and that gorgeous. see that fog out there right now. it is been really thick today, especially along the coastline. >> very thick out there. a lot of drizzle even in the afternoon there. see more of that drizzle. now more to come tonight at. well, you could feel it in summer. and san francisco could be very, very cold outside. get that breeze blowing that moisture in the air and some of that drizzle makes for a chilly day off the coast side. you've got 50's in the san francisco right now. warm 72, though, and sunny in redwood city. 72 also in san jose, 70 degrees in dublin. still, 85, very warm and pittsburgh. 68 degrees and low of 67 in napa. we've got a couple things going on in the atmosphere. we've got low clouds and fog down below beginning to surge back on shore. you can see that more of a westerly component win. now yo

we've just learned jetblue has closed a merger with an infamous budget airlines.up. >>> the when you need help it's great to be in sync with customer service. a team of reps who can anticipate the next step genesys technology is changing the way customer service teams anticipate what customers need. because happy customers are music to our ears. genesys, we're behind every customer smile. >>> money watch report. meta, the parent company of facebook and instagram reported its first ever decline in quarterly revenue since going public. lower ad spending, cooling economy and increasing competition took a toll on meta sales. mark zuckerberg says the company is slowing its pace of investments and plans to steadily reduce employee growth. >>> after a months' long bidding war, jetblue announced it's approved a definite merger to acquire spirit airlines. the ceo of jetblue said, quote, the merger is an exciting opportunity to diversify and expand our network. spirit and frontier announced yesterday they're giving up on their merger proposal. spirit's board supported joini

meta shares moving lower after posting that first-ever revenue drop then there's jetblue agreeing to buy spirit airlines in a nearly $4 billion deal, creating the fifth largest u.s. airline yesterday the fed chair addressed concerns >> i do not think the u.s. is currently in a recession and the reason is there are too many areas of the economy that are performing, you know, too well and of course i would point to the labor market, in particular. as i mentioned, it's true that growth is slowing, and for reasons that we understand, really the growth was extraordinarily high last year, 5.5% we would have expected growth to slow there's also more slowing going on now look at the labor market, you have payroll jobs averaging 450,000 per month. that's a remarkably strong level for this state of affairs. >> jim, you gist said the actual label is a political football at the moment >> i don't want to go to stagflation, whatever. i mean, these are theories i did a theory like that in 1988 i was tell ing someone, stagflation looks really bad picked up the phone, she bought everything she could

and just in this morning, jetblue announcing a deal to buy spirit airlines. we'll have the details ahead. pool floaties are like whooping cough. amusement parks are like whooping cough. even ice cream is like whooooping cough, itit's not just for kids. whooping cough is highly contagious for people of any age. and it can cause violent uncontrollable coughing fits. sometimes followed by vomiting and exhaustion. ask your doctor or pharmacist about whooping cough vaccination because whooping cough isn't just for kids. >>> this morning, we have learned that two times masters champion bubba watson is leaving the pga tour for the controversial saudi-backed liv golf series. he is the latest to join the breakaway league. and former president trump is going to tee off with two other former pga golfers who also joined this liv league. trump has been criticized by families and survivors of the 9/11 terrorist attack for hosting the tournament and for working with the man that u.s. intelligence says is responsible for the death of journalist jamal khashoggi. in an intervi

jetblue has just agreed to take over spirit airlines. what's next in this deal? when i make decisions as a leader, it's not about me or the folks that are here. it's about the next seven generations coming behind us, making sure that they have the ability to move forward. prop 27 will help small rural tribes like mine get a seat at the table will be transformational for my tribal members. taxing online sports betting gives us an opportunity to really enhance the lives of our tribe and strengthen the future of our people. vote yes on prop 27. i'll pick this one up. i earn 3% cash back on dining including takeout with chase freedom unlimited. so, it's not a problem at all. you guys aren't gonna give me the fake bill fight? c'mon, kev. you're earning 3% cash back. humor me. where is my wallet? i am paying. where is my wallet? i thought i gave it to you. oooohhh? oh, that's not it either. no. no. stop, i insist. that was good though. earn big time with chase freedom unlimited with no annual fee. how do you cashback? chase. make more of what's yours. >> after a number

right after spirit and frontier's merger fell through, jetblue said we have a deal.buying spirit airlines for $3.8 billion, creating the nation's fifth largest airline. frontier's offer was more than $1 billion less. the combined carrier will have 460 planes and add 1,700 flights in 30 countries. the deal still needs the required regulatory approvals and approval from spirit's stockholders. >>> kardashians to the rescue? the family and a whole lot of other people were vocal this week about changes instagram was making. it included content from accounts that people do not follow versus posts from friends. instagram was also testing full-screen posts similar to how posts appear on tiktok. now the company's walking back both of those changes. the viral post this week many shared, make instagram instagram again. >>> and might want to stock up on halloween candy now. hershey says it will not be able to, quote, fully meet consumer demand. it appears americans are looking for more regular and halloween-themed candy than the company can keep up with. hershey is blaming a sho

the "wall street journal" reports jetblue is nearing a deal to buy spirit, and it could be announceddeal would create the fifth largest carrier in the u.s. >>> and how's this for a dream job -- candy fun house, which is an online candy store based in canada, has a job opening for a chief candy officer. whoever gets it will have to eat candy and help decide which new products the company will carry. the salary is $78,000, and anyone 5 and above can apply. >>> that's your cbs "money watch" report for this thursday morning. i'm matt pieper, cbs news, new york. >> are you going to apply? >>> mega millions fever is intensifying. now that tomorrow night's drawing is worth more than $1 billion, turns out tuesday night's drawing was really close for some people. according to mega millions, nine tickets matched the first five numbers but did not match the mega ball. one ticket was good for $3 million thanks to the game's mega feature while the rest won a cool million. people are flocking to buy tickets for the next drawing including at that store in arlington, texas. the question is what woul

a key report coming out in hours >>> after a merger went south, spirit may announce a merger with jetblue as early as this morning. >>> even as families criticize the liv golf tournament, former president trump is polishing his clubs to play. >>> "early today" starts right now. >> good morning, i'm cori coffin thanks for starting your morning with us. sf >> i'm frances rivera. the white house has been working all week getting ahead of what could be grim numbers that spark fresh recession fears. for the latest, let's get right to brie jackson in d.c what are we expecting to hear this morning >> reporter: good morning, frances, cori. the biden administration won't like it, but gone are the days of nearly 7% growth, like we saw in the fourth quarter of last year according to cnbc, some economists are expecting to see maybe, maybe an incremental amount of growth in this morning's second quarter gdp report, while others are forecasting another decline. if it is the latter, it would mean back to back quarters of negative growth, which has historically signaled a recession. but the strong labor

spirit down 2.5, jetblue up a quarter of a percent. spirit and jetblue usher in con sallation in the airline -- consolidation in the airline industry, they face major issues. a study shows regional airports have lost airline service due to a pilot shortage. for the major carriers are flocking today to the badger state hunting for workers of the future. that's where the annual ash cob air show is taking place. half a million aviation enthusiasts descending on the small wisconsin town and american air carriers are on the ground trying to fill vacancies in the sky. grady is live in oshkosh. >> hey, liz. there's half a million pilots needed here and some of the younger folks may become pilots instead of aviation enthusiasts. for the first time ever, all of the major airlines are here, recruiting trying to inspire the next generation to join the ranks because the pilot shortage is no joke. there's an estimated shortage of about 8,000 pilots right now, 30,000 short by 2032 in north america alone. we talked to a captain with united airlines w

. >> jetblue buying spirit what the 3.8 billion dollar deal could many for your next strip trip and how an nfl superstar is helping kansas city teenagers give back to their community. >> this is the cbs evening news with norah o'donnell. reporting from the nation's capitol. >> good evening, thank you for joining us on this busy thursday night. tonight for the second time this week catastrophic flooding has forced americans to flee their homes in the mid ef the night, this time in eastern kentucky, six to ten inches of rain caused wide spread flash flood as cross central appalachia, washing out roads and bridges and pushing homes off their foundations. at least eight people are dead but kentucky governor warns the death toll will likely rise into the double digits in the coming days. the governor said hundreds of properties could be destroyed in one of the worst most dech stating flooding events in state history. tolgd aw-- tonight a state of emergency is in effects and national guard is activated, in nine counties affected by the flooding and more rain son the way, a lot of news to get

now it paves the way for jetblue to acquire spirit. the airline has offered $3.7 billion in cash. a sale to jetblue would create the fifth largest carrier in the u.s. >>> it was a disappointing earnings report for meta. the parent company of facebook saw shares lose half their value since the start of 2022 hurt by increased privacy functions on apple's new operating system, which limits what user information meta can still track and sell to advertisers. revenue for the last quarter was down about 1% compared to last year, and it's expected next quarter to be down another 2 to 11% compared to the same time last year. that's roughly 26 to $28.5 billion less. the federal trade commission is trying to stop meta from expanding its control of the vr market. they're trying to stop facebook's parent company from buying within unlimited, a virtual reality fitness company. the agency saying meta is trying to buy its way to the top rather than compete and let the market decide. adding that meta already owns the most successful vr fitness app, and this purchase is just a way to stop their clo

spirit said, though, it's going to continue its ongoing discussions with jetblue. that would face a high hurdle for regulators to approve that merger. >>> uber is expanding its premium electric car service to more cities. row can now request uber comfort electric in las vegas, seattle, portland, oregon, denver, austin, philadelphia, and baltimore. it's already available in san francisco, l.a., san diego, and dubai. premium electric vehicles include tesla, a polstar car, ford's mustang mac-e, all available in comfort electric. it's an extension of uber comfort which offers extra leg room, quiet cars, and other amenities by request. it will cost 30% to 40% more than an uber x trip. >>> the 49ers taking to the field for the first in order for small businesses to thrive, they need to be smart. efficient. agile. and that's never been more important than it is right now. so for a limited time, comcast business is introducing small business savings. call now to get powerful internet for just 39 dollars a month. with no contract. and a money back guarantee. all on the larg

jetblue's deal to buy spirit airlines.ak her soul , but apparently you can break her album. renaissance is out before it is supposed to be out, and some of the hive is angry. looking to thursday, july 28. kumasi: first, we want to chat with drew about the forecast. drew: you can see fog behind me. it is to cut coast. visibility down to about two miles. during the morning, it has been a mile. coastal drizzle as well. you are waking up to the 50's. here is a live look showing you the sun is up. here is how the day shapes up. the fog is slow to clear. hazy sunshine away from the coast. quite cool around the bay shoreline. a closer look at the temperatures come and previewing the week, later. kumasi: developing news in solano county, where there is an investigation into a deadly crash. it happened on highway 12, east of somerset drive. four people died. six other people have been taken to the hospital. police say a car ran off the roadway, overcorrected, and ran head on into people. there was alcohol in the car. reggie: a mask

spirit was caught between being absorbed by either jetblue or frontier.nd up being worth $1 billion more than frontier's. all right. thanks so much for joining us. the news continues next with alison and victor right after this. i'm jonathan lawson here to tell you about life insurance through the colonial penn program. if you're age 50 to 85, and looking to buy life insurance on a fixed budget, remember the three ps. what are the three ps? the three ps of life insurance on a fixed budget are price, price, and price. a price you can afford, a price that can't increase, and a price that fits your budget. i'm 54, what's my price? you can get coverage for $9.95 a month. i'm 65 and take medications. what's my price? also $9.95 a month. i just turned 80, what's my price? $9.95 a month for you too. if you're age 50 to 85, call now about the #1 most popular whole life insurance plan available through the colonial penn program. it has an affordable rate starting at $9.95 a month. no medical exam, no health questions. your acceptance is guaranteed. and this plan h

jetblue has agreed to buy spirit airlines for 3.8 billion dollars.mes after spirit and frontier ended their merger agreement yesterday. at one point, spirit preferred the sale to frontier and rejected a more lucrative offer by jet blue. but eventually spirit shareholders lost interest in front here because of its less valuable offer if approved, jetblue would become the 5th largest airline in the u.s.. >> still ahead, elon musk and twitter are set to face off in court, but it will come with some conditions as musk tries to walk away from the 44 billion dollars deal. then monkeys causing havoc in a japanese city. why officials are forced to hire a special unit to deal with the chaos. when i make decisions as a leader, it's not about me or the folks that are here. it's about the next seven generations coming behind us, making sure that they have the ability to move forward. prop 27 will help small rural tribes like mine get a seat at the table will be transformational for my tribal members. taxing online sports betting gives us an opportunity to really

this is a first in the airline industry after several negotiations, jetblue has agreed to buy spirit airlines for 3.8. >> billion dollars. this comes after spirit and frontier and that their merger agreement yesterday at one point, spirit preferred the sale to frontier and rejected more lucrative offers by jetblue. but eventually spirit shareholders. they lost interest in frontier because of its less valuable off or so if approved, jetblue would become the 5th largest airline in the u.s.. >> the loss of a popular ice cream treat. set the internet on fire this week with one creamery is doing too. try to help douse the flames a little bit. seen this ad? it's not paid for by california tribes. it's paid for by the out of state gambling corporations that wrote prop 27. it doesn't tell you 90% of the profits go to the out of state corporations. a tiny share goes to the homeless, and even less to tribes. and a big loophole says, costs to promote betting reduce money for the tribes, so they get less. hidden agendas. fine print. loopholes. prop 27. they didn't write it for the tribes or the

jetblue's takeover of spirit airlines could mean changes to air travel. the justice department still has to approve. >> the 3.8 billion dollar deal. and if it does, that would make jetblue the 5th largest airline in the united states behind american delta, united and southwest. it would also make frontier which failed to take over spirit. the largest discount airline. jetblue says its goal is to offer lower fares that competes with the 4 major airlines plans to retrofit spirits. planes offering more leg room and amenities as well. if the deal is approved, it's expected to close in early 2024. >> well, someone in illinois is a billion dollars richer tonight. the jackpot winning ticket in last night's mega millions lottery was sold at a speedway gas station in des plaines, illinois. the 1.3 billion dollar jackpot was the nation's 3rd largest lottery prize. no winning numbers have been drawn since hence this enormous prize, mega millions also announcing a california winner who hit all 5 numbers, but not the mega ball. that ticket worth more than 4 million bu

. >> got to the lady at the jetblue desk i was -- i was crying. >> seth: yeah. >> i also took off mywas on the verge of sweat suit, but in fact, it's this >> seth: seems like we maybe owe a shout out to the good people of jetblue >> i know, i know. i just want to say thank you to the lady at the jetblue desk i was like, "i'm going to give you a shout out. i'm going on a television show tonight. it's seth meyers." she said, "i love that show. >> seth: oh, wow >> okay. she said, "i love that show. [ cheers and applause >> seth: so, this is - i'm always happy to see you. this is such a wonderful reason to have you here "marcel the shell" was a short film, a stop-motion film you made years ago you posted it online, and it became -- in my mind, it's one of the sort of earlier youtube sensations is that accurate, my memory of it >> that is accurate. your memory is accurate. yeah, it is. it's sort of a wonder, because anyone who knows me knows i hardly know how to turn on my computer >> seth: yeah. >> yeah, but dean fleischer-camp, who i made the short film with, posted it on the internet a

jetblue stock was slightly up in after hours trading.ming up at 11 southwest airlines, posting a strong revenue report, but the company says costs will continue to go up. we'll tell you why. at 11 we can just around the corner. now i've got the five day forecast loaded up and ready to go. we'll take a look at that. see you back here. at first they would do report shows just how much you need to makehn minimum wage. jose tonight against a proposed tiny home facility. the city is looking to build 100 tiny home units on noble avenue near the barry as a library and noble park. people who live nearby say they're not opposed to helping the homeless, but the city's proposed site is too close to schools and public spaces, right i really feel for the homeless could be me. could have been me at some point, you know, so i feel for him. it's just not a good location, and, uh we're hoping that the mayor and the council will change their minds and do the right thing rather than the fast expedient thing because you don't like what the protest was held

well, guys, some big business news today, jetblue announced they reached a deal to buy spirit airlineteve: oh >> jimmy: yes. jetblue and spirit it's the perfect marriage between broken tvs and broken planes it's unbelievable. [ laughter ] it's -- that's right spirit agreed to a deal with jetblue and cancelled their merger with frontier airlines. today, frontier was like, "well, it's spirit, how did we not see this cancellation coming?" [ laughter ] some news from washington, president biden is celebrating a huge win after senator joe manchin suddenly agreed to support his climate and economic bill, meaning it will now most likely pass [ cheers and applause this is -- this is a huge victory for biden. in fact, right after the announcement, his approval rating skyrocketed to 11%. [ light laughter ] >> steve: oh >> jimmy: switching gears. apparently, this year, hershey doesn't think they're going to be able to meet the demand for halloween. [ audience oohs on a related story, biden's approval rating just fell back under 10 [ laughter ] did you guys see this? in an effort to be more eco-f

backstage, and we were like, "i think we put jetblue on the balloon." [ laughter ] you know what?on't think it would have mattered either way. during a para -- [ laughter ] so did you guys even understand, though i feel like you guys don't even under -- [ laughter ] you buy a ticket on a jetblue flight, and then you get to the gate, and they have to apologize and be like, "we're very sorry, it's hot air balloon day you got to ride a hot air balloon. [ laughter ] [ applause ] you know - [ laughter ] we were on hiatus, we're all a little rusty during a parade over the weekend honoring her platinum jubilee, a hologram of queen elizabeth was shown in her gold stagecoach and whatever you think of the queen, her duet with tupac was amazing. [ laughter and applause and finally, new york's laguardia airport over the weekend debuted its newly-renovated terminal c, which features an 11-lane security screening area. and this is cool - one of them is open! [ laughter ] and that was the monologue, everybody. we - [ cheers and applause we've got a great show for you tonight. he is the co-anchor

jetblue's proposed merger with spirit airlines. how it could impact airfares. >>> and one of america's largest cities declares a state of emergency over monkeypox. >>> and how much would you pay for an $80 million-year-old dinosaur fossil? this is the gillettelabs with exfoliating bar. the bar in the handle removes unseen dirt and debris ahead of the blades, for effortless shaving in one efficient stroke. facing expensive vitamin c creams with dull results? olay brightens it up with olay vitamin c. ahead of the blades, gives you two times brighter skin. hydrates better than the $400 cream. deal to buy spirit airlines today. the proposed $3.8 billion deal comes one day after a merger deal between frontier and spirit failed. if this deal is approved, it would create the nation's fifth largest carrier. some analysts mean the merger could mean even higher airfares. >>> the mayor of san francisco declared a public health emergency today. the center is now the epicenter of monkeypox on the west coast. san francisco has one of the highest

jetblue and spirit airlines. frontier airlines and jetblue have been battling each other and talks fell apart yesterday. if approved it would create the fifth largest airline in america. >>> trending for you this morning. new hope for the choco taco. >> klondike said they would discontinue the choco taco. people putting them up on ebay . do not lose hope yet. the company salt and straw will debut a new product which happens to be national taco day. they said when one freezer closes , another one opens. have you ever had a choco taco? >> it is like a drumstick . >> i think there is a salt and straw in palo alto. we could have a field trip . >> this morning we will see numbers climbing into the 80s. there is low clouds and fog around san francisco. you see the low clouds and 58 degrees but notice the wind at 14 miles per hour this morning. there is patchy clouds and the smoke advisory has been extended today. the wind pattern is still the same. the unhealthy air you can see this for the most part it will stay in ma

now, if that deal is approved, it will make jetblue the 5th largest airline in the u.s..right behind american delta, united and southwest. it would also make front here which failed to take over spirit. the largest discount airline. jetblue says its goal is to offer lower fares that compete with the 4 major airlines and its plans to retrofit spirits, planes that can offer more leg room and amenities. now the company gets the green light. the deal is expected to close in early 2024. >> we'll be fighting more cloud cover even inland. for today. temperatures reduced, though, for this time of year only into the 80's. keeping an eye, though, as we get into tomorrow for possibly a little isolated thunder shower we changed our fries to make 'em hot & crispy every single time. high-fryve! and every single time, toby insists we “high fryve.” high-fryve? high-fryve. high-fryve!! it'll catch on. right?! try wendy's hot & crispy fries! preferred almost 2:1 over mcdonald's. first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something. i started cosentyx®. c

reports say this delay is to give time for spirit and jetblue to finalize the deal spirit will have alder meeting on july 15th. >>> fresh doubts over the $44 billion bid to buy twitter for elon musk. talks have cooled after they cannot verify twitter figures on the spam accounts. in a call yesterday, twitter removed 1 million spam accounts daily. shares are down 25% since musk struck the deal to take it private in april separately, twitter is laying off 30% of the recruiting team or less than 100 people as they seek to cut costs. in may, the ceo said they would suspend hiring. >>> and berkshire hathaway bought 12 million shares of obje occidental they are now the largest shareholder. the stock more than doubled this year brian, back to you >> berkshire buying on a high note a rare move for them bullish sign kristina partsinevelos, thank you. >>> now let's do more on what we consider one of if not the most important economic stories of the world. that is the growing crisis of energy supplies and energy costs in europe. natural gas futures in europe are trading at $50 u.s. or more right

this deal comes after a long bidding war between jetblue and frontier, which is why insiders say getting. oh, you mean it was... turbulent? ( applause ) nothing is final yet, because the two airlines now have to wait for regulatory approval, but they expect to close the transaction no later than the first half of 2024. sounds like a long time, but while they wait, they can go to sbarro, maybe check out the duty-free, get some cologne, liquor, and 700 cigarettes. walk back to sbarro. convince themselves that 9 a.m. is late enough for a cocktail. then, boom, it's 2024. but i gotta say, this merger is bittersweet for me, because spirit airlines is one of my favorite companies to make fun of. here's a taste. meanwhile, airline passengers were stunned when a women was caught breastfeeding her hairless cat on a delta flight. i know, shocking... that this didn't happen on spirit airlines. ( laughter ) ( applause ) spirit airlines released this pro-pride statement: "at spirit, we embrace all people who are willing to sit in pet cargo and pay for their ginger ale and peanuts with human teeth. del

jetblue and frontier that been in a bidding war over spirit.ncisco's board of supervisors is calling on the federal government to step in and pause the outgoing transfer of patient from laguna honda hospital. this after four patients died after they were moved to other facilities. earlier this week, the board approved two resolutions. one is urging the health and human services secretary to intervene in the transfer. the other urges governor newsom to declare a state of emergency at the hospital. laguna honda was decertified in april after federal inspectors found it to be out of compliance with basic standards of care. the san francisco department of health is working to get it recertified before it is forced to close in september. reggie: san francisco's justi hastings law school is close to getting a new name. the board of directors unanimously agreed to change the name to university of call-up what you college of law san francisco. the move is because founder sarah has hastings and atrocities committed against native americans. the recommen

christie now says he will work to get the jetblue deal approved by investors and the feds.ader joe's grocery store in western massachusetts are forming the company's first union employees started the campaign in may amid complaints about pay benefits and safety. the union drive follows similar efforts that companies including starbucks and amazon, twitter, joe's is based in southern california has about 550 stores nationwide. a spokesperson says it's salaries and benefits are among the highest in the retail industry. time is 5 55 report of oakland says it may take weeks to know the full impact of recent protests and disruptions at the poor. but there's mixed news about how much cargo the port handled last month total container volume was down 1.5% compared to june of 2021. however imports rose a half point and actually set a new record for import volumes. administrators say ships are coming to the ports, but supply chain problems are limiting how much is exported. with some time francisco restaurants no longer allow customers to tip. instead they're adding a flat surcharge

spirit's board has indicated it prefers a deal with frontier over jetblue whose offer is currently highervalue. that's a look at moneywatch. >>> monkeypox cases are doubling in california. people trying to protect themselves with proven treatments are running into frustrating roadblocks. our reed cowen spoke with members of the community particularly at risk. >> you've been waiting for this then? >> yeah, i've been waiting for this. i came in on tuesday. >> reporter: tommy wu has had to wait days to get his monkeypox vaccine. he felt like something was wrong and worried it could be mopox.e of h friends got and -- >> was h and u-like symptoms as well. >> reporter: so tommy came to the san francisco aids foundation clinic in castro to get what thousands want but can't get, the monkeypox vaccine. >> so this is the monkeypox vaccine. >> reporter: dr. tyler tamir says in the last seven days cases of monkeypox have doubled in california, making our state the highest in the nation for monkeypox cases. and yet, as to doses of a vaccine ready to go into arms -- >> in fact we've only received fewer

jetblue also reducing summer flights by 10%. we're seeing a ton of demand.mow what happens when demand outpaces supply. we're already dealing with super high prices, liz, we're already dealing with inflation. it's a messy transportation story. liz: yeah. and i'm looking behind you, i don't see anybody dissolved in tears because they're not making weddings, but that could still happen. we hope everybody gets safely to where they need to go. madison, thank you very much. >>> trojans and bruins, oh, yeah, two creatures that have been bitter enemies since beginning of time, or since the beginning of west coast college football. now many a headline rocking the sports world, usc and ucla are teaming up to flee the pac-12 for the big ten? could this mean a major shift in the sports streaming landscape and the stocks involved? temperature top tech analyst wed bush's dan ives live in studio next on amazon, a apple, disney, fox and what could become the hunger games of sports programming and the spending around it. closing bell ringing in 27 minutes. dow is now up 313