The Best One Yet 🩲 “Who wears short shorts?” — Chubbies’ frat IPO. Southwest’s hangover. Nobel’s burger-flipping prize.
Oct 12, 2021
Dive into the surprising world of fashion as Chubbies prepares for a frat-style IPO! Discover the chaos at Southwest Airlines over rampant flight cancellations and their stock's tumble. Plus, a thought-provoking Nobel Prize study challenges the effects of a $15 minimum wage on fast-food jobs. Mix in some quirky trivia about Pringles, and you've got a blend of business insights with a side of fun!
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Southwest's Ongoing Struggles
- Southwest's flight cancellations are not isolated incidents but part of a larger pattern of tardiness since June.
- This suggests underlying operational issues rather than a one-time event like a pilot strike or weather.
Southwest's Weekend From Hell
- Southwest Airlines canceled 2,000 flights this past weekend, disrupting travel plans for many.
- This represents 30% of their scheduled flights, significantly impacting their stock price and customer satisfaction.
Southwest's Bailout Binge
- Southwest Airlines used bailout money during the pandemic to expand, adding 18 new destinations.
- This aggressive expansion may have overextended their resources, leading to ongoing operational challenges.