MoneyWatch: Shake-up at Peloton, airlines announce merger and regulators look for “junk fee” crackdown

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MoneyWatch: Shake-up at Peloton, airlines announce merger and regulators look for “junk fee” crackdown – CBS News

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The CEO of Peloton is stepping down and the company is cutting jobs, while low-cost airlines Spirit and Frontier are merging. And CBS News MoneyWatch reporter Aimee Picchi joins “CBS News Mornings” to discuss how U.S. federal regulators are looking to reel in hidden “junk fees” that cost Americans billions of dollars a year. .

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