Spirit Airlines Collapses, Trump Rejects Latest Iran Proposal, Kentucky Derby History: AM Update 5/4

Spirit Airlines shuts down after years of financial strain and a blocked JetBlue merger during the Biden administration, canceling all flights overnight and stranding passengers as rivals step in to help. President Trump rejects Iran’s latest peace proposal, while launching “Project Freedom” to guide ships through the Strait of Hormuz amid rising tensions and surging gas prices. Senate candidate Mallory McMorrow of Michigan faces scrutiny over resurfaced tweets criticizing the Midwest and questions about voting in California. A historic Kentucky Derby sees long-shot Golden Tempo surge to victory, delivering the first win for a female trainer and a rare one-two finish for jockey brothers.

 

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