Southwest CEO says airline ‘actively pursuing’ airport lounge network

A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | Reuters Southwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight over premium travelers. “I think…

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Capital One puts credit risk worries to rest, delivers a strong quarter and new buyback

Capital One shares rose on Tuesday evening after the credit card issuer reported a sizeable quarterly beat, driven by improved credit quality performance. Revenue in the third quarter ended Sept. 30 increased 53% year over year to $15.36 billion, beating the LSEG-complied consensus estimate of $15.08 billion. Adjusted earnings per share increased 32% year over year…

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