Southwest Airlines' CEO told investors in a July 24 earnings call that the airline could eventually open its own lounges.

Starting July 24, 2025, Chase and Southwest Airlines are rolling out a series of significant changes to the Southwest Rapid Rewards® credit cards—part of a broader effort to align the credit card experience with Southwest’s evolving customer journey.

Turning to guidance, Southwest says it will earn at least $600 million this year, not counting interest on its debt and taxes. With this prospect in mind, management thinks its stock a bargain, and announced a $2 billion stock buyback (which will see even more shares retired after today's sell-off).

Starting Jan. 27, Southwest Airlines passengers will get assigned seats for the first time, marking a major shift in the carrier’s business model.

Southwest Airlines will debut its new assigned seating policy in January 2026, bringing an end to the airline's once signature process of open seating.

Southwest Airlines hiked annual fees on its credit cards, but also announced a host of new benefits and other changes.

Starting July 24, 2025, Chase’s Southwest credit cards are adding new benefits but increasing their annual fees.

Starting July 29, customers can begin booking tickets with seat assignments for flights departing January 27, 2026.

A train carrying hazardous materials derailed on Thursday night about 25 miles southwest of St. Cloud, Minnesota. The Meeker County Sheriff's Office says it was alerted of the Canadian Pacific Kansas City train derailment at about 7:21 p.m., which occurred about a mile west of Watkins near Highway 55 and Meeker/Stearns Street.