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Southwest Airlines says it has canceled roughly 1 per cent of its scheduled flights as it carries out inspections prompted by an engine failure that led to a passenger's death last week. About 40 flights were impacted.The affected Southwest Boeing 737 took off Tuesday morning from New York, headed for Dallas. About 20 minutes into the flight, at about 32,500 feet, a fan blade broke off the engine and shrapnel shattered a window.Jennifer Riordan, 43, and a mother of two, was almost sucked out of the broken window and pulled back inside by fellow passengers. She died from blunt force trauma at a hospital after the plane's emergency landing in Philadelphia. 670
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

SOLANA BEACH, Calif. (KGTV) - A woman believed to have caused a crash on northbound Interstate 5 in the Solana Beach area Friday morning ran to the southbound lanes and was struck and killed by an oncoming vehicle. 222
Senate Republicans on Thursday unveiled the substance of their tax reform bill, one week after their House colleagues released their own legislation.Some of the Senate GOP proposals will be welcomed by critics of the House bill. For instance, Senate tax writers will not propose curbing the mortgage interest deduction.But others will raise hackles. The Senate GOP plan would fully repeal the state and local tax deduction. 431
Since motorists stayed off the road during the Thanksgiving holiday due to the coronavirus pandemic, gasoline sales in the United States during the holiday week fell to its lowest level since 1997.According to an IHS Markit Oil Price Information Service survey (OPIS), gas consumption fell 8.4%, or about 185 million gallons, from the previous week ending Nov. 28.Demand for motor fuel was down 19.3% compared to 2019, OPIS said.IHS Markit executive director Tom Kloza warns that the market could still get worse by year's end as more and more Americans decide to reduce holiday travel due to COVID-19."We're heading toward a 90-day period where gasoline demand gets further crimped by winter weather and post-holiday cocooning," Kloza said in a press release. "By January, we may regularly see demand numbers not witnessed since the last century."OPIS said some regions saw gasoline sales decline by more than 20% last year during Thanksgiving week.Gasoline sales in the midwest were down 23.3% compared to last year, while New Jersey was the hardest-hit state, with gasoline volumes plunging almost 30% from 2019, OPIS said. 1134
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