Sweden Living World Business Sports Entertain

Southwest Airlines

Bleak cost-cutting package at Southwest Airlines

The American airline Southwest Airlines reports that 15 percent of administrative employees – approximately 1,750 people – will be laid off this year, as part of a cost-cutting package. "This decision is unprecedented in our 53-year history, and changes require us to make tough decisions," says CEO Bob Jordan in a press release [according to CNBC](https://www.

Bleak cost-cutting package at Southwest Airlines

Green on Wall Street – up for Nvidia

After a volatile stock market day, Wall Street finally closed on the green – and several tech stocks took a significant leap upwards. Nvidia climbed over 8 percent.

Green on Wall Street – up for Nvidia

Record levels on the US stock exchange

It was all green numbers on the New York Stock Exchange at the close on Friday. The technology-heavy Nasdaq increased by 0.

Record levels on the US stock exchange

Southwest Airlines plummets after downgraded forecast

The American airline Southwest Airlines' share price is plummeting by 10 per cent in futures trading on Wall Street following a downgraded forecast for the second quarter. Other airline shares are also being dragged down.

Southwest Airlines plummets after downgraded forecast