Rising home prices, coupled with conservative borrowing, have today's homeowners sitting on a record amount of potential cash. Today's mortgage holders saw their home equity...Real Estateread more
SoftBank wants to push Neumann out of the CEO role ahead of the IPO.Technologyread more
The Mac Pro is the only major Apple computer to be assembled in the United States. Most of Apple's products, including the iPhone, are assembled in China and are facing tariff...Technologyread more
CNBC's Jim Cramer calls on investors to be wary of the slew of the hyped-up unicorn companies going public this year and encourages the focus to be on deliverable earnings.Investingread more
The UK's Civil Aviation Authority said Thomas Cook had now ceased trading and the regulator would work with the government to bring the more than 150,000 British customers...Europe Marketsread more
Markets have been betting Trump's Twitter attacks on the Fed will move rates. Among other things, Trump has called Chairman Jerome Powell "clueless" and Fed officials as a...The Fedread more
Trump's call with the foreign leader is reportedly the subject of a whistleblower's complaint that has spurred new accusations of wrongdoing from Democrats.Politicsread more
Harvard economist N. Gregory Mankiw says ultra-wealthy couples could split their fortunes in half through divorce and avoid paying a wealth tax proposed by presidential...Wealthread more
The U.S. Securities and Exchange Commission settled charges Monday against former Nissan CEO Carlos Ghosn and its former director Greg Kelly on Monday over false financial...Autosread more
An annual survey by Piper Jaffray finds iPhone that users willing to upgrade to newly released models declined from last year.Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
Southwest Airlines, the U.S. carrier known for its lack of seating assignments, short routes and no-frills service has announced plans to start selling tickets for service to Hawaii next year, answering a lingering question from investors and loyal customers alike.
The airline's decision to offer service to the Aloha State could make Hawaiian vacations cheaper. In what's been dubbed the "Southwest Effect," in markets where the airline has nonstop service fares are $45 lower than in cities without those routes, a University of Virginia study found.
Hawaii has been a popular tourist destination for decades but demand continues to climb. The state last year had a record 8.9 million visitors — a number that got a boost from some tourists who avoided the Caribbean and Florida due to the Zika virus outbreak. Hawaii logged a 5 percent increase in visitors in the first eight months of the year.
Southwest didn't say exactly when service to Hawaii would begin. It first needs to apply for Federal Aviation Administration authorization to operate the long-distance flight.
The Hawaii routes will most likely be serviced by the airline's new planes and fly to and from the West Coast.
The airline took delivery of its first Boeing 737 MAX 8 aircraft in August. The planes are more fuel efficient and can fly longer distances than older models.
Another low-fare airline across the Pacific beat Southwest to Hawaii, but the two might be complementary.
Low-cost Malaysian airline AirAsia X launched its first flights from Kuala Lumpur and Osaka, Japan, to Honolulu in June. Southwest's Hawaii services could provide a link to the mainland U.S. for tourists visiting the U.S. from Asia.