Audit Alarms, Airline Collapse, and the Markets – Hour 3

The third hour of KFBK Morning News on May 4, 2026 begins with host Cristina Mendonsa revisiting a March 2022 warning from the California State Auditor that raised serious concerns about widespread hospice fraud across the state. The hour also covers the sudden shutdown of Spirit Airlines, examining what led to the no frills carrier closing its doors and what ticket holders need to know next. National correspondent Rory O’Neill rounds out the hour with an update on how the markets are performing today.