Southwest Airlines posts record revenue but warns of rising costs

Air travel has bounced back this year from pandemic depths, and that is particularly true for Southwest’s strength in leisure travel within the United States. The Dallas carrier said ticket demand has continued in the third quarter. But costs are rising sharply, too.

GE reveals identity of 3 companies after historic split

General Electric on Monday revealed the names of the three companies that will operate on their own after the historic split of the one-time conglomerate, including a mashup of words that will make up the name of the new energy company.