The Trump administration is having advanced discussions with Spirit Airlines about a potential bailout loan of up to $500 million in exchange for warrants that would allow the government to take an ownership stake in the company, sources tell CBS news. CBS News' Shanelle Kaul has more.
Iran renews attacks in the Strait of Hormuz after Trump says he's extending a ceasefire indefinitely, as thousands more U.S. forces head for the region.
Iran launched attacks on commercial vessels in the Strait of Hormuz on Wednesday while calling the U.S. military's blockade of Iranian ports a breach of the ongoing ceasefire. CBS News' Natalie Brand and Charlie D'Agata have more.
