Cheddar Afternoon News Briefings of June 28th

News Briefings

These are your top headlines from Cheddar News, United Airlines under fire. This after canceling hundreds of flights affecting more than 150,000 people. This due to operational issues at Newark Airport. The airline claims the FAA failed them in ordering the cancellations. And Ceo Oscar Munoz apologized for the inconvenience and even offered refunds and compensation though they are facing scrutiny from regulators and lawmakers, this comes as weather has impacted flights all over the country. Meanwhile, this fourth of July could be one for the record books as more than 50 million people are expected to travel for the holiday this year. That's according to AAA, that would outpace the current $49 million record set in 2019, cheaper gas prices. One factor behind the projected increase in travel and Overstock dot com has successfully acquired the brand name, intellectual property and mobile platform of bed bath and beyond for just under $22 million. This after a bankruptcy judge approved that purchase yesterday bed bath and beyond plan to close their stores by the end of the month is unaffected by this deal and that's chet news update. I'm coming to you from Cheddar studios in Lower Manhattan.