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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
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
Six people were shot Sunday afternoon about half a mile away from TIAA Bank Field, home of the Jacksonville Jaguars, the Jacksonville Sheriff’s Office said.The shooting occurred at a laundromat at A. Philip Randolph Boulevard and Pippin Street.Currently, there is no suspect in custody but authorities believe the shooter was in a gray or silver four-door vehicle, possibly a Nissa Altima or Maxima. Authorities also said the shooting may be gang-related.The Jaguars are playing the Houston Texans today. The shooting will not impact the game. The area is closed off due to the investigation and those parked within the crime scene will be escorted in and out.The sheriff's office said this may also impact traffic. 743
SPRING VALLEY, Calif. (KGTV) — A construction worker was killed in an accident at Monte Vista High School hours after the topping out of the school's new multi-use facility. According to the San Diego County Sheriff's Department, the accident happened just before 2 p.m.Deputies say the 30-year-old man fell from a beam attached to a 30-foot platform. Deputies and emergency responders performed first aid on the construction worker, but he later died after being taken to the hospital. A second worker was also injured and taken to the hospital, but their condition is unknown at this time, according to the school district. CA-OSHA is investigating the incident and crisis counselors will be made available at the school Thursday. The Grossmont Union High School District released the following statement after the incident: 835
Special counsel Robert Mueller has subpoenaed the Trump Organization for business documents, a source familiar with the matter told CNN on Thursday.The New York Times, which first reported the development, said the subpoena included documents related to Russia. The reports mark the first publicly known time that Mueller has demanded documents related to President Donald Trump's businesses. 400