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WSJ Minute Briefing

United Airlines Drops Attempt to Acquire American Airlines

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 27 April 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: OpenAI and Microsoft reach a new deal, giving the startup more freedom. And China bans Meta’s acquisition of AI startup Manus. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:33.0

Here's your midday brief for Monday, April 27th. I'm Alex O'Sullough for the Wall Street Journal.

0:39.6

United Airlines is ending its attempt to buy American Airlines since American refused to negotiate.

0:45.2

United CEO Scott Kirby says the deal is now off the table. There was a lot of backlash to a potential merger.

0:51.5

Lawmakers raised concerns that the tie-up could harm travelers, while

0:54.5

industry officials said it would likely have faced major pushback from federal antitrust regulators.

1:00.1

Both companies' stocks were down in morning trading. OpenAI and Microsoft have reached a new deal

1:06.0

giving the startup more freedom to partner with Microsoft's rivals. The revised agreement allows

1:10.7

OpenAI to sell its products across any cloud provider

1:13.4

and caps the amount of revenue it must share with Microsoft through 2030.

1:17.5

Microsoft, meanwhile, will keep its access to the startup's models and products.

1:22.1

And China has banned META's acquisition of AI startup Manus on national security grounds.

1:27.5

A Chinese commission ordered that the $2.5 billion deal be unwound.

1:31.6

Meta says the transaction was legal and anticipates an appropriate resolution.

1:35.8

The decision reflects Beijing's attempts to keep valuable intellectual property from leaving the country.

1:40.8

Manus is a Singapore startup with Chinese origins.

...

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