For: May 4, 2026
>>Watching Wall Street
(New York, NY) -- The opening bell rings this morning after Wall Street closed out the week in mixed territory. At Friday's closing bell, the Dow Jones Industrial Average lost 152 points to 49-499. The S&P 500 rose 21 points to 72-30. The Nasdaq gained 222 points to 25-114.
>>Spirit Airlines Shuts Down After 34 Years Of Operation
(Washington, DC) -- The sudden collapse of Spirit Airlines is impacting thousands of employees and travelers. The discount carrier announced early Saturday it's canceling all flights and going out of business after failing to reach a deal for a government bailout. Spirit said in a statement that passengers who booked flights with credit cards or debit cards will automatically get refunds. American Airlines and Delta are among the major carriers offering reduced fares and other support for Spirit customers impacted by the sudden closure.
>>Trump Announces 25% Tariff On EU Autos
(Washington, DC) -- President Trump is announcing a new tariff on cars and trucks coming from the European Union, bumping it up to 25-percent starting this week. The U.S. had lowered auto tariffs on the EU to 15-percent as part of a new trade deal. But Trump says the EU isn't keeping up their end of the bargain to reciprocally drop tariffs on U.S. automakers. Tariffs on European autos are connected to national security and are exempt from the Supreme Court ruling that struck down a lot of Trump's tariffs.
>>Meta Threatens To Pull Platforms From NM
(Menlo Park, CA) -- Meta is threatening to cut access to its social media platforms in New Mexico. The threat is a response to the state's legal effort to force changes to child safety protocols on its platforms. Meta and the state of New Mexico are expected to proceed to the second stage of their trial this week. A jury recently issued a 375-million-dollar award to the state after finding the company misled consumers about the safety of its platforms and its protections for children against predators. The next phase of the trial will focus on what actions the parent company of Facebook, Instagram and WhatsApp must take to address those issues.
>>National Small Business Week
(Undated) -- This is National Small Business Week. The U.S. Small Business Administration recognizes entrepreneurs as job creators and innovators who drive the nation's economy. Thirty-six million small businesses employ some 45-percent of the nation's workforce. Small Business Week has been celebrated for more than 60 years.
>>GameStop Offers To Buy eBay
(Grapevine, TX) -- GameStop is offering to buy eBay. The video game retailer made the unsolicited offer, suggesting 125-dollars per share for the online marketplace. Shares of eBay surged more than 13 percent in after hours trading following the Sunday offer.
>>Hollywood Actors And Studios Agree To New Deal
(Los Angeles, CA) -- No drama this time around. Hollywood studios and producers have a tentative deal with the actors union, SAG-AFTRA, wrapping up contract talks over the weekend. It's a four year deal instead of the usual three. The Writers Guild has already passed their deal. Three years ago, actors and writers went on the longest strike in Hollywood history, shutting down the industry for months.
>>Ford Recalls Nearly 180K Bronco And Ranger Vehicles
(Washington, DC) -- Ford is recalling over 179-thousand vehicles. The National Highway Traffic Safety Administration says the recall is due to a defect with the front seat frame of late model Broncos and Ford Ranger pickup trucks that could increase a person's risk of injury in a crash. The recall includes 2024 to 2026 Ford Bronco SUVs. The NHTSA report says Ford dealers are instructed to inspect and replace the pivot links and bolts as necessary for free as a temporary fix.
