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Southwest Airlines said Thursday that a fatal accident on one of its planes has scared some people away from booking flights on the airline.It reported seeing a "recent softness in bookings following the Flight 1380 accident." And it said that that weakness in bookings will result in slightly lower fare revenue in the second quarter as it tries to keep its planes full.A passenger died last week when a fan blade broke off the engine of a Boeing 737 and shrapnel shattered a window next to her. It is the first passenger fatality in the history of Southwest -- and the first commercial airline fatality in the United States in more than nine years."It remains a somber time for the Southwest family following the Flight 1380 accident, and our thoughts and prayers continue to be with the Riordan family, and all of our customers on the flight," said CEO Gary Kelly in the company's earnings statement.Related: Window seat or aisle? After Southwest incident, some passengers think twiceAlso on Thursday, American Airlines lowered its profit forecast for the year because of higher fuel costs. The world's largest airline reported that increased fuel prices cost it 2 million during the just-completed quarter.The warnings from American and Southwest sent all the major airline stocks lower in premarket trading Thursday.The-CNN-Wire 1344
ST. LOUIS -- The U.S. Coast Guard has referred the investigation into last month’s deadly sinking of a Missouri tourist boat to federal prosecutors.The accident occurred July 19 at Table Rock Lake near Branson, Missouri. An amphibious duck boat sank amid strong winds, killing 16 passengers and a crew member. Fourteen people survived.Nine of those victims were from on Indianapolis family. Tia Coleman and her nephew, Donovan were the only two members of their family to survive. The legal team for the Coleman family says it “supports the U.S. Coast Guard Marine Board of Investigation referral to the U.S. Attorney’s Office for Western Missouri for criminal investigation." Adding, "All those who continue to grieve support holding fully accountable those responsible for making the deadly decisions that resulted in the catastrophe.”Several investigations are still underway from the National Transportation Safety Board, the Coast Guard and the Missouri Attorney General’s Office.The duck boat attraction owner, Ripley Entertainment, says it is cooperating with the investigations. 1115
ST. LOUIS (AP) — A grand jury has indicted the St. Louis couple who displayed guns while hundreds of racial injustice protesters marched on their private street. A lawyer for Mark McCloskey and his wife, Patricia McCloskey, confirmed the indictments Tuesday. A spokeswoman for Circuit Attorney Kim Gardner declined comment.The McCloskeys, who are both attorneys, have become folk heroes among some conservatives. They argue that they were simply exercising their Second Amendment right to bear arms, and were protected by Missouri’s castle doctrine law that allows the use of deadly force against intruders. The case has caught the attention of President Donald Trump, and Republican Missouri Gov. Mike Parson has said he will pardon the couple if they are convicted.The McCloskeys also were featured speakers on the first night of the Republican National Convention. They’ve accused the “leftist” Democratic St. Louis leadership for their plight.Gardner, a Democrat, charged the couple with felony unlawful use of a weapon. She said the display of guns risked bloodshed at what she called an otherwise peaceful protest.Watkins said that in addition to the weapons charge, the grand jury indictment includes a tampering with evidence charge. It wasn’t clear what led to that additional count, he said. 1309
Sprint and T-Mobile's have abandoned discussions about a potential merger.The companies issued a joint statement Saturday, after a week of speculation, saying they "have ceased talks.""While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we have agreed that it is best to move forward on our own," said Marcelo Claure, Sprint's CEO.T-Mobile CEO John Legere also said there were benefits to consolidating, but added that, "we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile's shareholders."Shares of Sprint and T-Mobile tumbled Monday after rumors emerged that merger talks between the two companies were fizzling.On Monday it looked as if SoftBank, the Japanese conglomerate with a majority stake in Sprint, would end negotiations because of concerns about the ownership structure of the combined business, according to reports from Nikkei and The Wall Street Journal. Claure, the Sprint CEO, is also a member of SoftBank's board .Exactly what issue ultimately severed the talks was not immediately clear Saturday. Neither Sprint nor T-Mobile immediately replied to requests for comment by CNNMoney.This is the second time the mobile carriers have attempted to join forces and failed.Sprint and T-Mobile previously discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.Related: Sprint owner says 'door is open' to mergers under TrumpThe companies expected to have a better shot at the merger this year under the Trump administration.SoftBank CEO Masayoshi Son said in May that the Obama administration was "quite tough on business," and added "the door is open" for potential mergers with the new administration.Son met with Trump the month before he took office to talk up an investment in U.S. businesses. The investment ignited speculation about Son and SoftBank trying to revive merger talks.A few weeks later, Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration. 2202
Special counsel Robert Mueller's team has informed President Donald Trump's attorneys that they have concluded that they cannot indict a sitting president, according to the President's lawyer."All they get to do is write a report," Trump lawyer Rudy Giuliani told CNN. "They can't indict. At least they acknowledged that to us after some battling, they acknowledged that to us."That conclusion is likely based on longstanding Justice Department guidelines. It is not about any assessment of the evidence Mueller's team has compiled.A lack of an indictment would not necessarily mean the President is in the clear. Mueller could issue a report making referrals or recommendations to the House of Representatives.The inability to indict a sitting president has been the position of the Office of Legal Counsel in the Justice Department since the Nixon administration and reaffirmed in the Clinton administration, but it has never been tested in court.It had been an open question whether, if investigators found potentially criminal evidence against Trump, Mueller's team would try to challenge those Justice Department guidelines.CNN reached out to Mueller's team. They declined to comment.Deputy Attorney General Rod Rosenstein publicly discussed the issue earlier this month at an event held by the Freedom Forum Institute. He was asked if a sitting president can be indicted."I'm not going to answer this in the context of any current matters, so you shouldn't draw any inference about it," Rosenstein said. "But the Department of Justice has in the past, when the issue arose, has opined that a sitting President cannot be indicted. There's been a lot of speculation in the media about this, I just don't have anything more to say about it." Rosenstein oversees the special counsel probe.Giuliani tells CNN the special counsel's team has decided that "they have to follow the Justice Department rules.""The Justice Department memos going back to before Nixon say that you cannot indict a sitting president, you have to impeach him. Now there was a little time in which there was some dispute about that, but they acknowledged to us orally that they understand that they can't violate the Justice Department rules," Giuliani said."We think it's bigger than that. We think it's a constitutional rule, but I don't think you're ever going to confront that because nobody's ever going to indict a sitting president. So, what does that leave them with? That leaves them with writing a report," said Giuliani.It would then be up to the House of Representatives to decide what to do about with the special counsel's report -- and whether to pursue articles of impeachment.Giuliani also said that he is using the one-year anniversary of the Mueller probe, which is Thursday, to push the special counsel to disclose how much money is being spent, and to actively begin negotiating with Trump's legal team over any Trump interview Mueller is seeking."Do you really need an interview?" Giuliani said he wants Mueller's team to answer."You've got all the facts. You've got all the documents. You've got all the explanations. We're happy to tell you they're not going to change." 3176