Frontier Airlines, a finances airline, is attempting to copy Southwest’s text.

Frontier is now selling “economy bundles” that include a complimentary carry-on bag, as well as offering a promotion for an extra, complimentary checked bag for summer travel—that feature goes into effect the same day Southwest plans to close its famous two free checked bags policy. Additionally, CEO Barry Biffle said the airline may make the perks continuous “if tourists show us the love.”

Since roughly$ 650 million, or about 17 %, of Frontier’s total income in 2024 was generated by baggage fees, it’s not clear whether that may arise.

FIRST UP

President Donald Trump’s call to oust a federal judge was criticized by U.S. Supreme Court Chief Justice John Roberts on Tuesday, in a rare rebuke of him. U.S. District Judge James Boasberg ruled that Trump’s professional purchase invoking the Alien Enemies Act of 1798 may remain suspended for 14 days. He is now investigating whether the Trump Administration violated the attempt by sending more than 260 workers to an El Salvador prison.

Google parent company Alphabet is making its largest acquisition ever with a$ 32 billion all-cash deal to buy Israeli cybersecurity firm Wiz, which will make its four cofounders worth about$ 2.2 billion apiece. In a profile for Forbes in 2023, the business made a sharp point because of its extreme growth strategy, which at the time drew ire from some competitors in the sector.

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BUSINESS + FINANCE

Organisers behind one of the nation’s largest Gay Pride celebrations claim an unusual number of companies have pulled out of sponsoring this year’s march in the latest indicator of the evident commercial retreat from DEI. San Francisco Pride organizers confirmed to Forbes four companies that dropped out of supporting its celebrations this year, and according to SFGate, the loss of sponsorships represents$ 300, 000 in funding—slightly less than a tenth of the$ 3.2 million budgeted for SF Pride’s June events.

Digital + NOVATION

The Harvard-founded company Distributed Spectrum is developing small, AI-powered sensors to enable the U.S. military to identify enemy drones and troops via radio emissions. The business announced on Tuesday that it had raised$ 25 million through a Series A round. The need for such products is probably most evident in Ukraine, where radio ripples are powering anything from war connection to guided rockets and explosive-laden drones.

POLITICS AND MONEY

A judge ordered the Trump Administration to reinstate the function of the international aid agency and declared that Elon Musk’s and DOGE’s attempts to dismantle USAID were good unconstitutional. The administration has sought to distance Musk from the common national breaks, and the situation is one of several that taking aim at the banker’s authority over the federal government.

Earlier than Trump’s first president and the war with Russia, the Trump Organization tried and failed to develop into Ukraine, according to testimony Donald Trump gave in 2007. Trump outlined in a sworn testimony in a complaint against blogger TimothyO’Brien and his publication that he was interested in building a resort in Kiev maybe before March 2005 as part of broader expansion plans.

SCIENCE + Heath

After the Supreme Court rejected the company’s previous settlement plan, Purdue Pharma filed a new bankruptcy plan on Tuesday that will give its creditors more than$ 7.4 billion in cash, including up to$ 7 billion in payments from the Sackler family. The manufacturer may be disbanded in accordance with the plan, and its assets would be absorbed by a new “public benefit company.”

WORLD

Russian President Vladimir Putin agreed to a limited peace Tuesday that involves partially no attacking Russian energy and infrastructure targets, after a highly anticipated phone call with President Donald Trump, but stopped short of agreeing to a complete ceasefire. Trump said he would discuss “diving up some assets,” but it’s not clear whether the leaders discussed the land and power plants seized in the conflict, which are crucial to ending the conflict.

TRENDS + EXPLAINERS

Tax Day is just around the corner, but it’s been a , and the millions of taxpayers who still need to file could if they’re not ready. It’s crucial to make sure your return is accurate, and the extension will automatically be granted as long as you adhere to the rules.

After President Donald Trump promised “all” of the assassination’s details would be made available to the public, the National Archives on Tuesday released a sizable number of documents relating to the assassination of former president John F. Kennedy. Researchers previously estimated between 3, 000 and 4, 000 documents have not been released, but experts have said it’s unlikely the remaining records would contain any smoking gun that changes the government’s findings.

DAYLY COVER STORY

President Donald Trump has praised a deal for a “large American company” to purchase two ports on the Panama Canal.

The deal to which he was referring was the sale of 43 ports owned by billionaire Li Ka-shing’s Hong Kong-based conglomerate CK Hutchison to a group led by asset manager BlackRock for$ 23 billion —and the two Panama ports were just a small part of it. What Trump did not say: Gianluigi and Rafaela Aponte, two Swiss-Italian billionaires, cofounded by one of the two partners in the deal, Terminal Investment Limited, an arm of Swiss-based Mediterranean Shipping Company, also known as MSC.

The deal will make MSC the largest port operator in the world, despite the lack of information about the ownership structure of the sale. MSC owns 70 % of Terminal Investment, while investment firm Global Infrastructure Partners—led by U. S. billionaire Adebayo” Bayo” Ogunlesi and now owned by BlackRock, which bought it for$ 12.5 billion in October—holds 20 %, and the Singaporean sovereign wealth fund GIC owns the remaining 10 %.

According to Forbes estimates, MSC has invested more than$ 40 billion since the CK Hutchison deal, including in everything from new ports to hospitals to an Italian high-speed rail company. According to ship valuation experts VesselsValue, the company has purchased or ordered 370 vessels for more than$ 31 billion over the past three years.

Ownership of MSC is split equally between Aponte and his wife Rafaela Aponte-Diamant. According to Forbes, Aponte-Diamant is the richest self-made woman in the world because of their estimated$ 37.5 billion each.

WHY IT MATTERS” The Covid-19 pandemic snarled supply chains and sent freight rates soaring, leading to record profits for the world’s largest shipping firms,” writes Giacomo Tognini, a staff writer for Forbes. ” MSC had already overtaken Maersk to become the world’s largest container shipping firm in January 2022, and it has spent the last three years spending that cash to expand its dominance by buying up companies in trucking, air cargo, tugboats, maritime logistics, freight forwarding, car carriers and more”.

According to MSC,” since cofounders Gianluigi and Rafaela Aponte’s net worth has grown by a combined$ 58 billion since early 2022,” and if regulators approve the CK Hutchison deal, MSC will become the largest port operator in the world.

MORE Meet The Greek Shipping Billionaires Making Money Off of Russian Oil

FACTS + COMMENTS

The Department of Defense is reportedly planning to slash tens of thousands of positions as a result of the extensive layoffs that are occurring throughout the federal government. When the cuts would be made wasn’t immediately known:

Between 50, 000 and 60, 000: The number of jobs the DoD is planning to eliminate

5 % to 8 %: The amount that Pentagon leadership has previously stated it wants to reduce its civilian workforce by, or 45, 000 to 72, 000 jobs.

More than 900,000 people make up the civilian workforce at the DoD, according to the Associated Press.

STRATEGY + SUCCESS

We’ve been taught for years that a successful career requires a degree, employment, and advancement. However, taking this route frequently necessitates compromises in terms of personal priorities, and it can be dangerous when you try to connect your professional identity with one path, as recent layoffs have demonstrated. Instead, , which can allow you to structure your professional life around what’s most important to you, grow through diverse experiences and adapt to different contexts.

VIDEO

QUIZ

This week’s NCAA March Madness college basketball tournament will start, and many bracket contests offer the chance to win significant prizes. What offers Elon Musk’s social network X to users who complete a perfect bracket?

A. $ 50, 000

B. A free Cybertruck

C. A trip to Mars

D. A meet-and-greet with Musk

I appreciate your reading. Sarah Whitmire and Chris Dobstaff edited this Forbes Daily edition.