Wall Street Breakfast

Southwest Airlines grounds workforce to match capacity

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Synopsis

Southwest Airlines (LUV) looks to trim workforce to line up with its lower capacity. (00:23) 23andMe (ME) reduces workforce by 40%. (01:13) Occidental Petroleum (OXY) Q3 Earnings Preview: Cautious tone amid debt woes. (02:11)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Tuesday: LYV, GRAB, and moreBaidu unveils AI smart glasses, text-to-image generator at annual event - reportBitcoin nears $90,000, ETFs see record inflows as institutional demand swellsAmerican Homes 4 Rent upped to Outperform at Evercore on higher mortgage ratesSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.