MoreBack to News Headlines



Southwest Airlines warns Delta variant is hurting its business
CNN
The Delta variant of Covid-19 is weighing on Southwest Airlines' bottom line.
The carrier said in a regulatory filing Wednesday that customers this months have been booking fewer flights and are increasingly canceling the trips they've already booked. That prompted Southwest to lower its operating revenue estimates for the month to 15% to 20% below what it took in in August 2019. Previous estimates called for a 12% to 17% decline from two years ago. Southwest (LUV) said it was profitable in July, but the "recent negative effects" of the pandemic will make turning a profit difficult in the third quarter. The airline expects September revenue will be down 15% to 25% compared to the same month in 2019, but said demand for Labor Day travel "remains healthy, thus far."More Related News

Back in March, President Donald Trump signed an executive order targeted at the Smithsonian Institution that began as follows: “Over the past decade, Americans have witnessed a concerted and widespread effort to rewrite our Nation’s history, replacing objective facts with a distorted narrative driven by ideology rather than truth.”

FEMA plans to release nearly $1 billion in security funding after CNN report on proposal to slash it
The Federal Emergency Management Agency is making nearly $1 billion in disaster preparedness and homeland security funding available to communities nationwide, just one week after CNN reported on the agency’s proposed plan to slash the programs at the direction of the Department of Homeland Security, which oversees FEMA.