dialed in they were listening in and american officials believe the spy balloon was tuned into u.s. conversations. president biden is down playing the entire episode. president biden: it is not a measurable breach. it is a violation of national law. or airspace. we can do what we want with it once it s there. the balloon had multiple antenna to eavesdrop and soak up information. the government wants to know exactly what the chinese heard. until we actually have the hardware that was on that balloon we can t say for sure. we can take educated guesses of it. we can t know for sure. that s why we should have shot it down as soon as it was approaching alaska, china should not be able to send air ships into our airspace. upset lawmakers pressed officials about what the balloon was doing and why the u.s. held off for so long before shooting down the balloon. you can just say yes or no. you don t need to get into specifics. did we know what they were trying to collect, yes
southwest. of. 2800 u.s. flights already canceled today, 2500, about 90% are southwest. challenge for our flight crews being stuck in locations not where they need to be along with the aircraft. at this point we re working to accommodate our customers as best we can and offer the most options we can. cnn s lucy kafnov is in denver. i wasn t anticipating a nightmare but it is. reporter: christmas is over but for thousands of customers the travel nightmare goes on. they canceled our flight. they said they can t help us so we don t know what to do. reporter: southwest airlines at the top of the list for cancellations. the airlines ticketing counter at baltimore s bwi airport a zoo. denver s lines for the southwest ticket counter even longer. we had to wait in a line that was four hours and it was horrible. nobody is giving us a direction on what line to get in. it s a total you know what show here. reporter: for those tlieg to call to get through, good luck get
join us coming up. john: first fox news alert to an economy in crisis. americans crushed on high prices from gas to food while their retirement accounts evaporate. growing concerns a dramatic move by the fed on interest rates could send the economy spiralling into recession. john roberts in washington. sandra. great to have you back. sandra: i am sandra smith in new york. this is america reports. we are watching all of this, brand-new numbers today from may painting a bleak picture of the american economy. consumer and producer prices still skyrocketing, and hitting record highs. all has major implications for your wallet as those producers that are facing higher costs plan to pass those higher numbers down to the consumer in the form of higher and higher prices. john: national price of gasoline up 63% from a year ago and the highest ever. sandra: it is almost hard to believe, every day a new record. the white house has announced a middle east trip to saudi arabia n
Not for hire. After pulling out of taiwan we find out whats next for uber. And its the holy grail of prime time advertising, the super bowl, but is the 5 million pricetag worth it . Hello and welcome to Asia Business report, im sharanjit leyl. Uber will exit taiwan this week. The Car Booking Company is calling it quits after a lengthy battle with the government there. Uber faced massive fines, which reportedly totalled 35 in us dollars after taiwanese authorities raised fines for drivers caught working for unlicensed transportation services. In taiwan, uber is registered as an Information Services company. Earlier i spoke with the General Managerfor earlier i spoke with the General Manager for uber in taiwan and earlier i spoke with The General Managerfor Uber in taiwan and he said the fine was among the highest imposed. We havent received any new fines today but i can confirm the fines right now are the highest in the world, which leaves very little room for innovation going forward.