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  • Finance
    CNBC7 hours ago

    Southwest's CEO shares the secret of how they've never laid off a single employee or cut pay in 45 years

    The stock of Southwest Airlines (LUV) had investors salivating on Wednesday as transports surged. "Our people are fantastic, it really is what sets us apart competitively in the industry and they are the ones that have made Southwest so successful," Kelly told " Mad Money " host Jim Cramer. Southwest began operating in 1972, and during the span of its 45-year history, the company has never a single layoff or pay cut for any employee.

  • 2 pieces of increasingly popular money advice could ruin your chance at getting rich, according to a self-made millionaire
    Lifestyle
    Business Insider12 hours ago

    2 pieces of increasingly popular money advice could ruin your chance at getting rich, according to a self-made millionaire

    If you dig through the troves of financial advice out there, you're sure to find contradictory guidance. "Those two pieces of advice, if you follow them, will destroy your financial life," he told Business Insider during a Facebook Live.

  • Trump doesn't understand how much it costs to build a car — or a new Air Force One
    Politics
    Business Insider17 hours ago

    Trump doesn't understand how much it costs to build a car — or a new Air Force One

    President-elect Donald Trump ran on a platform of restoring glory to American manufacturing, but since winning, he's shown that he doesn't know much about how stuff gets made in the 21st century. For example, during the campaign he attacked Ford for shifting small-car manufacturing to Mexico (where, by the way, Ford has operated plants since the 1960s) and later took credit on Twitter for preventing Ford from relocating an entire Kentucky factory south of the border when in fact Ford was only planning to move production of a vehicle.