Ted Turner, a businessman and philanthropist who launched CNN, died on Wednesday at 87. Jonathan Klein, the president of CNN from 2004 to 2010, joins "The Daily Report" to remember Turner's life.
President Trump touted U.S. actions against Iran on Wednesday. The comments came one day after he paused the Project Freedom initiative to guide ships through the Strait of Hormuz to allow peace negotiations to move forward. CBS News' Holly Williams reports, and Samuel Helfont, an associate professor of strategy and policy at the Naval War College, has more.
A lawyer for bankrupt Spirit Airlines said the rising cost of fuel "engulfed" the airline, drained its liquidity, and derailed its restructuring efforts. There's a sense of urgency to expedite the liquidation process because lawyers say it would benefit creditors and customers. Bob Allen, managing editor of Nomadic Aviation Group, which handles private flight operations for the aircraft leasing industry, joins "The Daily Report" to discuss.
