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ATASCOCITA, TX — Petco has a policy that states all leashed pets are welcome — and one rancher decided to put the policy to the test.Rancher Vincent Browning brought his 182

As the coronavirus spread globally, a canceled work trip here and there turned into a worldwide shutdown for business travel by air.The global airline industry is now on the brink of collapse. And while pressing pause for a few days or a week is strange enough, a freeze on business-class travel that lasts for several weeks or months has the potential to reshape why people fly. After a decade of huge growth, airlines are preparing for a staggering drop in revenue worldwide. Concerns over the coronavirus have crippled demand for flights, which in turn has caused many airlines to ground their fleets and lay-off staff.Recently JetBlue CEO Robin Hayes called this financial situation for airlines, "at least as bad as 9/11 if not worse."But even with a bailout, it could take months for travelers to fully return to the skies. In the meantime, a lot of business will go on without air travel.With huge advances in telecommuting and a growing acceptance of working from home, businesses have taken to platforms like Slack, Zoom and Skype to carry on with meetings while many miles apart.To understand the impact of losing business class travel, you have to understand how valuable business class tickets are to airlines. It might just be a few seats, but on many flights, premium seats actually account for most of the money the flight will make. Let's explain.Let’s look at a roundtrip flight scheduled for the first week in August between JFK and LAX. The round trip fare for an economy passenger costs 9. For a business class passenger that seat is ,867. And finally for a first class passenger the cost is ,032. In total, if everyone pays full price for their ticket, the airline makes ,362.But notice the distribution. If you do the math, you see that although business and first class travelers only make up 28% of the passengers on the flight, they account for 60% of the flight's revenue. This model doesn't describe every flight. But when it comes to airline economics, business and first class passengers have an outsized impact on many airlines' revenue. "They care a lot about business class travelers," says airline pricing expert Andy Boyd. "The other part about the business class travelers is not just the seat but business travelers become very connected with their brand and they fly a lot. It’s not just the money they make from the one seat, but what they get over time."Boyd literally wrote the book on airline ticket pricing. He believes airlines could bounce back, but he also says the virus could accelerate some trends already in motion for business travel."It could be a catalyst," Boyd says. "But what is really interesting, the new generation has grown up with technology, with cell phones. The fact that you are doing what many older people would call, very informal communication is more and more accepted as formal communication. So as young people who have grown up with technology get older, they may find that they are just as happy doing things over the phone as they are getting on a plane and going somewhere."Those combined factors could spell long-term impacts for the airline industry beyond the spread of the coronavirus. "Normally I would tend to say we would just get over it and the world would just get back to normal," Boyd says. "But with this particular virus and the way that people have responded to it, we may see some actual real changes to the way that both business and economy travelers travel." 3474

Billionaire Tom Steyer has qualified for next week's Democratic presidential debate in Iowa.He'll be on stage alongside Joe Biden, Elizabeth Warren, Bernie Sanders, Pete Buttigieg and Amy Klobuchar. Steyer qualified by hitting polling requirements in South Carolina and Nevada, two of the early voting states. He said while campaigning in New Hampshire on Thursday that his campaign has momentum. A new Fox News poll conducted in South Carolina put Steyer at 15%, and another Fox News poll in Nevada put him at 12%. In previous early state and national polls, Steyer has mostly been in the low to mid-single digits. 627

Apple on Monday quietly announced new versions of the iPad Air and iPad mini, the company's first refresh for those products in years.Typically Apple creates fanfare around the arrival of new hardware. But this year it wants the focus of its upcoming spring press event to be all about its rumored streaming service. That's why the company let the world know about its new iPads in a press release.The iPad Air comes with a bigger 10.5-inch display (starting at 9), and the iPad mini has the same 7.9-inch screen (starting at 9). The devices come with an Apple Pencil and a processor that's three times faster than the previous models.The iPad mini will mostly serve as an entertainment device, likely to attract students and teenagers, while the lightweight iPad Air replaces the 10.5-inch iPad Pro in Apple's online store.Apple was widely expected to tease the iPads ahead of its spring event on March 25. But the press release was a surprise."Apple wants to get the iPad out of the way so it can hold its first event truly focused on streaming," Lauren Guenveur, senior research analyst at told CNN Business. "If Apple announced new Pads, it would turn into a hardware event, and that's not what it wants."Tablet shipments have declined in the past few years, especially among devices that don't come with a keyboard. "Perhaps what's the point for having an event for a declining category?" Guenveur added.Guenveur believes the new 10.5-inch iPad Air could struggle to find a place in the market considering the 11-inch iPad Pro is still a more powerful option that also supports the pencil. The iPad Mini, however, could push a decent amount of people to upgrade."There is certainly a market for the iPad Mini, especially among students and teens, but I don't know for how long the upgrade cycle for it will be,' Guenveur said. "I suspect it will do very well for one large upgrade cycle for the rest of the year and then slowly drop off." 1961

Beto O'Rourke raised .1 million in the first 24 hours of his presidential campaign, his campaign said Monday, in what amounts to the largest announced first-day haul of any 2020 Democratic contender to date.The former Texas congressman raised ,136,763 in online donations from all 50 states in the first day, his campaign said. That tops the .9 million one-day total Sen. Bernie Sanders announced after he launched his campaign. The closest other 2020 Democratic candidate to publicize their first-day fundraising total was California Sen. Kamala Harris at .5 million.The first-day total shows O'Rourke has the potential to recreate the record-smashing fundraising prowess he exhibited during his 2018 US Senate campaign. A more complete picture of what candidates have raised — and how much they spent, particularly on social media advertisements, to raise that money — will come in April, when reports covering the first fundraising quarter are due."In just 24 hours, Americans across this country came together to prove that it is possible to run a true grassroots campaign for president -- a campaign by all of us for all of us that answers not to the PACs, corporations, and special interests but to the people," O'Rourke said in a statement announcing the total.O'Rourke's haul came after he launched his campaign with a video and several campaign stops Thursday in Iowa.He began the campaign with big promises, telling reporters in Keokuk, Iowa, that he planned to "run the largest grassroots campaign this country has ever seen."But until now, there had been little proof of O'Rourke's ability to carry out that plan. His refusal to release first-day fundraising totals over the weekend had raised doubts that O'Rourke had met fundraising expectations around his campaign launch. He remained coy about his fundraising for days."I can't right now," he said Friday in Washington, Iowa.A reporter responded that O'Rourke could share his fundraising totals if he wanted to."You're right," he responded. "I choose not to."Still, a sign that his campaign had began with a massive fundraising haul came Saturday night when O'Rourke -- who is playing catch-up in hiring staffers as one of the last major Democratic candidates to launch -- told reporters in Dubuque, Iowa, that he would support his campaign unionizing, as Sanders had, and hoped to pay the highest wages and benefits of any presidential contender.Last year, O'Rourke shattered Senate campaign fundraising records and raised million in his bid to oust Republican Sen. Ted Cruz. His closer-than-expected loss propelled talk of a presidential bid.He did so with a pledge not to accept money from political action committees, which O'Rourke carried over to his presidential campaign. The approach is unusual -- many other Democratic presidential contenders have sworn off money from corporate PACs, but accept money from those friendlier to Democratic interests, like labor unions. Sen. Elizabeth Warren has also sworn off all PAC money.O'Rourke emphasized that pledge in a first-day fundraising email."Our campaign will be funded by We the People — that is how we'll be able to reach and listen to voters in all 50 states. No PACs. No corporations. No lobbyists or special interests. It'll be ALL people," an email to supporters signed "Team Beto" said."If we have a strong showing on our first day, people will see it as a sign that this campaign is off to a good start. That will encourage even more people to join us," O'Rourke said in another fundraising email on the first day.O'Rourke has also quickly returned to a habit that made him a viral hit in Texas: He is livestreaming most events on Facebook, drawing an audience of thousands to watch him campaign in real time.O'Rourke began his campaign with a series of smaller events in coffee shops across eastern Iowa, and then in Wisconsin. A small group is operating in El Paso, where he is headquartering his campaign. O'Rourke has not yet hired a campaign manager, though he is in talks with veteran Democratic strategist Jen O'Malley Dillon, who was former President Barack Obama's deputy campaign manager in 2012 and would be seen as a major coup, a source familiar with their discussions said. 4242

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