Locally heavy rain will remain possible overnight, with any showers and storms. Areas likely to see additional heavy rain will likely be east of I-25 and along HWY 50 from Canon City eastward. Remember, a Flash Flood Watch remains in effect through 6pm Wednesday, where another day of thunderstorms is possible. Head to the KKTV 11 Weather Tab for more information on the forecast for Wednesday and beyond.
Wall Street analysts say it appears all but certain that United Airlines will be forced into bankruptcy court soon. Earlier this week the airline's mechanics rejected a contract that puts its financial recovery plan in limbo as its cash reserves rapidly dwindle.
And the increased chances of a bankruptcy filing prompted a heavy sell-off of stock Friday. Shares in United parent UAL Corporation plunged $1.12, or 31 percent, to close at $2.51 in heavy trading on the New York Stock Exchange.
The airline wants to negotiate with union leaders to try to fashion a wage-cuts package that would be palatable to its mechanics. The cuts are thought to be crucial to United's financial recovery.
The machinists' union says a meeting is scheduled with United officials Sunday.
United is the largest air carrier at Denver International Airport, and has several daily flights from Colorado Springs.