Morning Business Report: TSA shortages, Lululemon outlook, Oscars ratings and car reliability report
A growing number of TSA agents are calling out of work as the government funding fight continues to impact airport operations across the country.
(LILAMAX)- A growing number of TSA agents are calling out of work as the government funding fight continues to impact airport operations across the country.
Roughly 10% of Transportation Security Administration screeners missed shifts Monday — the highest rate since the partial government shutdown began, according to officials. The staffing shortages are causing long security lines at major airports.
The situation is especially severe at Louis Armstrong New Orleans International Airport, Hartsfield-Jackson Atlanta International Airport, and William P. Hobby Airport in Houston — where more than a third of TSA officers reportedly called out. At least 366 TSA employees have left their jobs during the shutdown.
Meanwhile, Lululemon is warning of a weaker financial outlook for 2026. The athleisure company says tariffs, rising expenses, and an ongoing proxy battle with its founder are weighing on performance. Its forecast for both the current quarter and full fiscal year came in below expectations.
On Wall Street, major U.S. stock indexes ended Tuesday higher but off their session highs, as rising oil prices pressured markets. Investors are now turning their attention to the Federal Reserve’s upcoming interest rate decision.
In entertainment, the Academy Awards saw a drop in viewership this year. The ceremony drew 17.9 million viewers — down more than 9% from last year’s 19.7 million audience, which marked a five-year high. Nielsen data shows the broadcast avoided major controversy, with host Conan O’Brien keeping his monologue relatively apolitical.
And for drivers, a new report highlights the most reliable vehicles on the road. J.D. Power ranks Mini as one of the least problematic car brands, while Buick — a General Motors brand — comes in as the second most dependable for 2026.
