for southwest airlines it is a big blow and it's a staggering $915 million loss in just the second quarterthe airline is losing $20 million a day. despite all this, southwest ceo gary kelly is saying no layoffs, no furloughs this year. he joins me now. good morning, gary. >> good morning, poppy. >> you wrote this memo to your entire team, and you say we're in the fight of our lives. you said there's a siege ahead. how can your financial position be so dire and not have any layoffs a head. i know you had 17,000 voluntary people taking an early leave, but how long can you make that promise of no layoffs for? >> well, i think the early retirement program and the leave program is key in answering your question. that's close to 30% of our total workforce. what we need here is to buy ourselves time. i firmly believe that things will get back to normal. it's just a question of when. if you go back to the spring, we hoped it would be by the fall. i don't think that's going to be the case. i think we'll have a vaccine hopefully around the end of the year, early next year and hopefully things will b

kris van cleave spoke with southwest airlines ceo gary kelly about this financial turbulence. >> reporter: united attendant is among the 82 employees who cbs has learned have been told they could be furloughed when the support runs out. >> it's almost like watching something that you've been a part of that you've helped build kind of fall apart or crumble and you don't have anything else to do other than just stand aside and feel helpless. >> reporter: but help could come from from capitol hill. 223 members of the house an 16 senate republicans have signed letters calling for another 25 billion payroll support for airlines to avoid pay cuts. gary kelly. what's in it for the taxpayer to keep airline workers working when so many other industries don't get that kind of help? >> you will see massive lay office absent some kind of support. >> reporter: he's said passenger traffic needs to double to avoid them next year. additional government for would buy time while business remains off by 75 percent. 84% of leisure fliers haven't booked a trip this summer. people widely support masks on board

>>southwest airlines says all customers over age to have to cover their faces while traveling something that's pointed out during the booking in online check in process. the airline said in a statement quote the customers unable to wear a face covering for any reason southwest regrets that we are unable to transport the individual i think there needs to be something in place for you know children or even adults with disabilities. >>who can't wear masks they should have some kind of exemptions alyssa says her son didn't wear a mask while boarding or even on the flight to midland. >>now it looks like they won't be fined back. that was michael lopardi reporting the family says a relative is going to be driving them home. >>well california lawmakers are coming up with ways to boost state revenue during this pandemic one of the proposals includes a tax on the state's richest of the rich. so the bill would put an annual tax rate of 0.4% on residents with a global networks. now a 30 million dollars or more so we're talking uber rich about 30,000 people here in california meet that standard and

to donors, the red cross is testing all blood and plasma donations for covid-19 andies >>> southwest airlines is cutting back on its coronavirus cleaning protocols as it returns to standard turn around times. the airline says it's shifted its sanitation focus to high touch areas like lavatories and tray tables, armrests and seat belts will not be wiped down between each flight. instead, they'll be disinfected over night. southwest will provide sanitizing wipes to customers upon request. >>> well this is going to make it tougher too, clorox says disinfectant wipes will be in short supply through next year. it aggressively ramped up production but it still cannot meet the demand. with the pandemic plus the upcoming flu season, it will take a year, the company says, to reach the supply level to meet customer needs. >>> an atv crashes and flips over into the delta. how an off duty deputy's ♪ ♪ we've always put safety first. ♪ ♪ and we always will. ♪ ♪ for people. ♪ ♪ for the future. ♪ ♪ and there has never been a summer when it's mattered more. wherever you go, summer safely. for up to five years

>>southwest airlines says it will be cutting back on cabin.leaning procedures that have been used during the pandemic so far. >>scaling back that will mean changes including they will no longer sanitize see phelps between flights. the company says the cleanings will focus on a few things like tray tables, the lavatories according to a memo sent to flight attendants. the move will reduce the time planes are spending on the ground between flights deep overnight cleanings will continue. while many family businesses have taken a hit during the pandemic others have booming. >>real estate experts say the virus is pushing younger home buyers out of the city and then to their first homes, many of them are finding the green spaces of the suburbs, increasingly appealing first time home buyer applications jumped 20% in june over last year. none of the major cruise lines are going to be operating anytime soon cruises suspended at least through october that was announced by the cruise lines international association. its members include carnival disney nor

cbs news transportation correspondent kris van cleave spoke with southwest airlines ceo gary kelly aboutong the more than 82,000 airline employees cbs news has learn have been told they could be furloughed as soon as october 1st when the government's payroll support program runs out. >> it's almost like watching something that you've been a part of that you've helped build kind of fall apart or crumble, and you don't have anything else to do other than just stand aside and feel helpless. >> reporter: but help could come from capitol hill. 223 members of the house and 16 senate republicans have now signed letters calling for an another $25 billion in payroll support for airlines to avoid job cuts until at least next march. >> we're very grateful for the support that we've had. >> reporter: southwest airlines ceo, gary kelly -- what's in it for the taxpayer to keep airline workers working when so many other industries don't get the help? >> it's very clear that absent some continued support, you will see massive layoffs in october. you'll see massive service cuts. and that simply means tha

southwest airlines cutting back on extra coronavirus cabin cleaning as flight schedules increase. memo says the changes like no longer sanitizing seat belts between flights will reduce turn around time. the airline said between flight cleans will focus on tray tables and lavatories. >>> clorox named linda rendell as new chief executive bringing a number of female ceos to a record of 38. 38 out of 500. new record shows how slow the process has been at the highest levels of business. women have only been on the list for 48 years. ok kathryn graham was the first woman on that list. >>> boozy ice cream is legal in new york state. governor andrew cuomo presiding over the marriage of liquor and ice cream signing a measure permitting up to 5% alcohol by volume. his office said the law is meant to boost new york's dairy workers, liquor producers and retailers. that southern you share millions of new yorkers ask where this was during the pandemic shutdown because it's the perfect thing. ice cream and alcohol. you don't think so? >> ice cream is one thing. don't mess up my ice cream and don

southwest airlines have scaled back its aircraft cleaning operations.longer wiping down armrests and seatbelt after every flight. as well as other areas around seats. this is to keep planes from being on the ground longer than expected. regulators are looking into a small group of investors who got rich when the price of oil dropped. it happened on april 20 when the oil went two -$37. it was the first time crude had ever crossed into negative territory. bloomberg learned that there was a tiny firm that made as much as $500 million that day. the u.k. and u.s. were trying to see if any rules were broken. tom and francine? francine: thank you so much. saying on that $500 million jackpot, let's speak to the co-author of the story. liam, first of all, who are they and how did they make so much money? it's a couple of traders on top of a pub. [laughter] >> that's pretty much about why. it is a prop firm that is essentially an umbrella for may be a couple dozen traders at most. soy were formed in 2016, nobody has really heard of the firm at all. most of the tr

southwest airlines asking people to stop drinking bring their own booze.airlines stopped serving alcohol, which is wrong, people started to bring their own. swinging their own drinks will be thrown out of the plane which it reaches 35000 feet. i kid, it's actually 40000. speaking of booze, the world health organization asking people to use, you really need to party? they say some people going to bars, barbecues and such has led to new outbreaks in some countries. a survey finds four out of five parents are considering homeschooling their kids this fall. 25% say they will not let their kids go back into the classroom, referring to hot oil. surprised me, too. we went to typical eighth-graders for comments. >> oh my. greg: stupid. i believe you told me a long time ago we were once homeschooled. what if they find out kids in lockdown, like years from now, emerge smarter than they would have been? kids who are homeschooled not by choice, and of becoming better educated because of that? what would happen? it could be a great study. kat: certainly. i was homescho

southwest airlines is scaling back cleaning procedures as staffing cutbacks and operations rose the averaged time. southwest will no longer wipe armrests, seatbelts and other areas that come into contact with people. tray tables and lavatories will continue to be disinfected between flights. shery: coming up in the next hour, hathaway global strategies president joins us to talk about tech companies caught in the crossfire between beijing and washington. we will also hear from robert mead who sees more defaults ahead as policymakers cut back on support. we will have plenty more ahead. stay with us. this is bloomberg. ♪ haidi: very good morning. i am haidi stroud-watts in sydney. we are counting down to asia's major market opens. shery: asian markets looks at for gains after tech lifted u.s. stocks. futures point higher in tokyo, sydney, and hong kong, as investors welcomed positive data and potential stimulus. top fed officials: policymakers to do more to support the u.s. recovery. we hear ex

kris van cleave spoke with southwest airlines ceo gary kelly about this financial turbulence. >> reporter: united attendant is among the 82,000 airline employees who cbs has learned have been told they could be furloughed when the support runs out. >> it's almost like watching something that you've been a part ofn justnd aside and feel helpless. >> reporter: but help could come from from capitol hill. 223 members of the house an 16 senate republicans have signed letters calling for another 25 billion payroll support for airlines to avoid pay cuts. gary kelly. what's in it for the taxpayer to keep airline workers working when so many other industries don't get that kind of help? >> you will s massive lay office absent some kind of support. >> reporter: he's said passenger traffic needs to double to avoid them next year. additional government for would buy time while business remains off by 75 percent. 84% of leisure fliers haven't booked a trip this summer. people widely support masks on board and support did blocked middle seats. part of a new normal in very uncertain skies. kris van clea

southwest airlines has scaled back cleaning operations with wiping down seatbelts after every flight.s can ask percent sizing whites if they want to do the cleaning themselves. -- passengers can ask for sanitizing wipes if they want to do the cleaning themselves. as many as 3000 wealth planners could be hired in china. that is your bloomberg business flash. alix: here is a weird story that caught my eye. france putting morgan stanley in the penalty box. the status of the primary dealer of french government bonds has actually been on hold for about three months because of the transactions conducted about five years ago that affected the liquidity of the markets. 24gan stanley has appealed million over accusations he used to pump and dump tactics to rake bond prices. this is an interesting story. theould point out that french bond yields are now trading at -24 basis points with the rally still under way over in europe. i also want to point out, governor cuomo of new york putting more counties on and off the quarantine list. rhode island put on. coming up next, we are going to ceo of the

southwest airlines is asking people to stop drinking their own booze during flights.stopped serving - airlines stopped serving alcohol, people were bringing their own. those caught with their own, wilitwill be thrown out. they say young people go to bars, barbecues and such led to new outbreaks in some countries and speaking of youth, a new survey finds four out of five parents are considering home schooling theirir kids this fall and 25% said they will not let their kids go back into the classroom, preferring to boil them in a vat of hot oil. surprised me too. we went to typical eighth graders for comment. >> [ indiscernible ] >> oh, my god. greg: all right. cat, i believe you told me a long time ago that you were once home schooled. >> yeah. greg: what if we find out that kids in lockdown, like years from now, emerge smarter than they would have been, like the kids that actually were home schooled without -- like not by choice end up becoming better educated because of that. what would happen? it could be a great study. >> certainly. i was home schooled for fourth a

southwest airlines is cutting back on its cabin-cleaning procedures. it told flight attendants in a newen term memos that the focus will be on fewer items like tray tables and lavatories. southwest is trying to speed up flight turnaround times as it it ramps up its flight schedule. a thorough cleaning will be done on planes once a day. >>> guys, thank you so much. still ahead for us, the trump campaign is suing nevada over expanding its mail-in voting. and also saying mail-in voting is great in another state. the only difference, one has a trump-friendly governor. where this all is headed and what it means for november. the coronavirus is wrecking state and local budgets. if the senate doesn't act, it will mean painful cuts to essential public services across america. fewer teachers and nurses, longer response times, dirtier streets. but some say our states should just go bankrupt. text fund to 237-263 to tell congress to fund our essential public services. afscme is responsible for the content of this ad. asaving 50% vs. other carriers built just for c

the airlines are gradually bringing down their daily cash burn we heard from southwest airlines that sh burn for july was a little bit lower than previously expected, but that's going to continue through the end of the year, kelly unfortunately, what we're seeing here for the airline investors is the real catalyst that they need, corporate travel, it's just not coming back anytime soon >> let's talk about tesla noin e meantime, phil it's getting ready to split. tesla is up 399% in 2020 that means it's up nearly fivefold its market cap is more than $370 billion. it's one of the biggest companies in the entire world. phil, i'd ask you about the next catalyst for this stock, but i can't even identify the last couple maybe the last quarter, certainly, was encourage, but this -- encouraging, but this is a huge run >> then there's they were profitable for the first quarter, will they join the s&p. then you had the stock split and that's been pushing the stock the last couple weeks. when you look alts the potential catalyst, there are three on the calendar that, look, they'll potentially pus

3rd time the group has now pushed back relaunching cruise ships since the pandemic started a southwest airlines is cutting back on cabin. cleaning procedures that kicked off in march, the airline says. >>cleaning crews now will no longer sanitize seatbelts between flights instead they're going to focus on a few items like your tray tables in the labs. according to a memo sent to flight attendants the move will reduce the time the plane spent on the ground between flights deep overnight cleanings though will continue. >>within a last week in north bay high school took down the name sir francis drake from its building citing racist past how the school district is now tackling the issue of racism before the school year starts plus the pandemic triggers major changes to presidential election history. the those changes expected the republican and democratic national conventions later this month. >>and tracking a warm up for >>the pandemic has now triggered major changes in election history. the republican and democratic national conventions will not be the same this election year no they won't neith

wanted a ban on maga hats, make america great again hats they're down about 10% a share also southwest airlines had a cash burn rate in july, and they think they'll burn less than in third quarter. we know people have been flying a little more lately let's get over to sue herera for our cnbc update. sue? >> thanks so much, kelly here's what's happening at this hour, everyone the u.s. is formally terminating three bilateral agreements with hong kong covering extraditions and tax exemptions that is in response to china's imposition of a sweeping national security law that the state department says has, quote, crushed the freedoms of hong kong residents. >>> a man known as the lottery lawyer has been arrested jason curran has been trying to steal millions of dollars from lottery winners who hired him to protect their money and from scam artists >>> bioluminescent plankton light up california beaches. it happens when the plankton gather in groups i have actually seen that firsthand when i lived in california it's a beautiful sight a little eerie sometimes >> a lot eerie, sue. thank you so much. >>>

southwest airlines doesn't charge change fees.because they've been doing that for years, right? >> yeah. >> what do you think, spencer? you fly a lot. >> yeah, i do. there have been times in recent years i paid as much as $450 just to make a change, a simple change. what a rip-off. a total rip-off. >> that is a rip-off. times have changed when everyone was flying before the pandemic, the airlines took advantage and charged us for every little thing. now they're trying to woo us back, so the pendulum has swung in the other direction. >> we demand a little more flexibility now. >> we're in the driver's seat because of what's happened in the business model. i've only been on a plane once since this think started. it's definitely different these days. >>> a 3-year-old girl in taiwan is resting up after a frightening experience. she became entangled in the tail of a giant kite. wind gusts of more than 35 miles an hour catapulted her dozens of feet into the air. the girl flailed around for about 30 seconds before the kite swooped low en

>>southwest airlines is cutting back on cabin. cleaning procedures that were added because of covid that includes no longer sanitizing seatbelts between flights. the company says cleanings will now focus on fewer items like tray tables and bathrooms that move was made to reduce the time planes spend on the ground between flights deep overnight cleanings will continue. >>time now for sports. want to buy nancy sleep world simply the best place to buy mattresses. >>we like golf gear ready it's been 381 days since the last major golf tournament, but that changes tomorrow morning when the pga championship tees off at tpc harding park in san francisco right near the zoo, there. albeit with no fans but there will be tiger woods right near the zoo, the tournament was supposed to take place in may postponed because of covid and even though the most our study group includes tiger. rory mcilroy and justin thomas, the biggest storyline probably involves brooks keopka that guy is going for a three-peat at the pga championship and trying to win

have a good one. >>> southwest airlines is bringing back its famous 20-minute turns. roll back some cleaning of its planes between flights that they implemented because of coronavirus so it can save some time. cabin cleaners will wipe down tray tables and clean the lavatories and an airline spokesperson says those areas will be cleaned every night. they mastered the art of getting a plane turned around in just 20 minutes. >>> twitter may face a hefty fine for privacy violations. the ftc is now looking into whether the social media company used phone numbers and e-mail addresses to target ads. that could violate a 2011 agreement in which twitter says it would better protect the privacy of its users. the company could face a fine of up to $250 million. >>> spiderman is joining marvel's "avenger's gang but only on playstation. the makers of the avengers haven't said if spiderman will be a permanent character. he's also exclusive to two other playstation games. >>> new at 6:00, children and covid-19 anxietanxiety. one parent found his kids' drawing revealing a lot. the si

the other s&p cohorts have, even travel stocks like you talked about, if i dare i say love southwest airlinesr expedia, exp, those are areas that have trailed s&p, they started to perk up on days and then pulled back with some of the virus numbers get worse, i agree with you, this is about living with the virus and better therapeutic and those areas because their undervalued are going to rip the day that we have that announcement of the vaccine. charles: to think the brinker of restaurant stocks and they have a bunch of casual restaurants, 11% in a single session, these stocks, what is so interesting, their trading like the growth names when they get hot, people gotta be careful, if you're too cute you might miss it. let's talk about it, the conventions are all over and i don't think it's a contest, the republicans put on an amazing show but it's a final -- to the white house and i want to get your thoughts on how this market starts to impact or influence the election or the election influences the stock market. >> i've heard you recently say before the fed announcement that you saw the marke

alcohol based hand sanitizers in may and in june southwest airlines is cutting back on cabin. cleaning procedures that began back in march, the airline says that cleaning crews. >>will no longer sanitize seatbelts between flights instead they're going now focus on a few items like tray tables and laboratories according to a memo sent flight attendants the move will reduce the time that plane spent on the ground between flights deep overnight cleanings though will continue. >>while many businesses have certainly taken hits during the pandemic others are booming some people in real estate say the coronavirus is pushing younger home buyers out of cities and into their first homes mandy gaither has more now in today's consumer watch. >>this is what we're like how. desperate for in the city for many young homebuyers covid-19 is making the green space of the suburbs more attractive the value of the city to us was being around all the people all being able to go to all the restaurants and the culture like the museums and the plays and everything and so you remove all of that. it's di

last minute plans this year and fishing interest is up 500% compared to labor day last year southwest airlines flush another three-day fare sale with travel dates in february and most routes and then as late as april on flights to hawaii. the cheapest flights are $39 sale runs until midnight tomorrow and frontier is offering a nearly free nonstop. round-trip ticket aimed at small business people like he is cutting ties with several big retailers in favor of direct to consumers so its products will no longer be sold at stores like belk and dillard's south those bombs caused bob's stores and fred meyer the decision comes as brick and mortar retailers are struggling in part 2. the changing consumer habits and then also having to be shut down during the pandemic and with the coronavirus causing so much financial uncertainty, many wonder if it will hurt the credit score now the higher your credit score the lower it will drop if you make a late payment. mainlanders are offering relief but you've got to call him and ask for there not to volunteer lee do that if you do have to pay a postponed paying a

southwest airlines scaling back airlines cleaning procedures between staff -- flights as staff cutbacksthe average turnaround time to 45 minutes. they will no longer wipe down armrests and seatbelts as well as other areas coming into contact with passengers and crew. however, tray tables and laboratories will continue to be disc could -- disinfected between flights. ahead, howill singapore is looking to revive the virus better tourism industry. we will speak with the tourist board executive keith tan, that and more coming up in the next hour of "bloomberg markets: asia." stay with us. ♪ stay with us. ♪ hike! simon pagenaud takes the lead at the indy 500! coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. he scores! stanley cup champions! touchdown! only mahomes. the big events are back and xfinity is your home for the return of live sports. haslinda: welcome to "bloomberg markets: asia." rishaad: i'm rishaad salamat. here are the top stories. equity markets up for a second day on signs of a new post virus

. >>> we got some news out from southwest airlines phil lebeau joining us now on the phone with this hat have you got? >> reporter: southwest shares moving higher after the company dropped an 8k this morning with an update on it's q3 financials. the big takeaway is that there has been a slight improvement in its daily cash burn due to a slight improvement in demand in other words more people flying in july the average daily cash burn was $17 million a day slightly better than the expectation of $18 million a day. as a result, southwest is now lowering its guidance in terms of the average daily cash burn for the third quarter to $20 million a day. previously they said they expected to burn through $23 million a day in the third quarter. a slight improvement not a huge surprise given what we've seen in terms of a few more people flying but certain lie good news for southwest and southwest investors. >> you know, phil, on that note here you and i and everybody look at these tsa numbers. how many people go through checkpoints. we broke through 800,000 two weeks ago for the first time sinc

southwest airlines is the lone airline out there that does not charge a ticket change fee and when youve had saying look, we don't charge a ticket change fee and don't charge to check the first two bags, people have responded to it over the years and you see united, american and delta saying let's waive that fee forclarification, it is not all ticket change fees, right? basic economy which is what people look at on the internet does still have a lot of restrictions with regard to what you can travel with. >> but it is changing. now, american today and we'll not get into all of this, american today made a number of changes adding more flexibility and perks for the basic economy ticket that's where you'll likely see changes with a number of carriers american announcing that today and you'll see this in this industry they have to get people on board as much as possible. >> anything to get people traveling again. phil lebeau, thank you very much always great to get your thoughts, sir. >> you bet >>> now let's get to the viewer question on that airline sector. >> i would like perspective on

southwest airlines is scaling procedures.g its average turnaround time is about 45 minutes.no longer clean armrests and seatbelts. willer, tray tables continue to be disinfected. aviation regulators have given boeing a long list of requirements to allow the 737 back into service. specificemanded upgrades linked to the two crashes that grounded the plane as well as broader changes to improve safety and liability. the stock is down more than 50% this year, the worst performer on the dow. to the beer industry, heineken says the impact from the virus on beer sales deepened in the second quarter but there were signs of recovery in june as lockdowns. sales dropped 20% but there was some pickup later. the ceo told us he remains cautious about the outlook ahead. >> we did see a sequential improvement in the second quarter. we want to be cautious and not look too much into the exit rate in june. we expect the markets to remain very volatile. andill be two steps forward one step record. we have seen renewed lockdowns in the south african market. there are parts of mexico closing down

only southwest airlines and ski wewest b believe thehey c can a cuttining jobsbs. by the pandemic losing billions of dollars in revenue. kris van cleave did a lot of this reporting. i have a lot of friend in the airline industry, a lot of friend at united airlines specifically who i have been friend with for more than half of my life and my heart goes out the them because they are suffering. >> delta came out with numbers they are down 78% for business year-over-year. >> olympic champion is showing off a specific skill. >> let us end with a lighter note. this is katie ledecky. she's out of competition this year, of course, because of summer olympics are delayed until next year due to the coronavirus. so the 23-year-old gave us this insanely awesome video instead. that is katie ledecky swimming the length of the pool. guys, there is a glass of chocolate milk on her head. she swims the length of the pool and does not spill a single drop. at the end she takes her goggles off and drinks from the glass. she posted this video on instagram to kick off a new got milk chall

take a look at the airline stocks we're talking about delta, southwest, united. e airline job guarantees the money they were allocated back in march runs out on september 30th unless there's another 25 billion allocated, as part of a stimulus package, if and when it's ever passed, then you'll see the layoffs kick in on october 1st. you're looking at potentially up to 75,000, if not more, employees at the airlines who will be let go >> which is a dounauntsing procs stay right there gordon, what options, what good options do the airlines face >> they are just facing reality, kelly and adjusting as quick as we can we're looking at all the variable costs and they have been scrambling because of fixed cost basis are so high reduce this every month and i think september will be no change big problem is, things change on them where countries won't allow them to come in or change or quarantine or quarantine their crew members the international is a very difficult market for them and as fill mentioned doe messiah eed t has taken a hit although it's down 60 something percen

united following southwest airlines which has been doing it for years. passengers on board, and united also saying in january, it'll allow customers who want to fly earlier or later on the same day to fly standby without a fee. now, in just a month all of the airlines will lose federal funding. they are desperate for new business so this may very well force the others to make a change too. michael. >> all right, gio, a lot of happy customers out there for that. >>> coming up, hollywood remembers "black panther" star chadwick boseman. the emotional tributes from his co-stars and close friends. >>> then our exclusive interview with melania trump's former friend and adviser and what she says is the real story about the moment that sparked the free melania movement. >>> plus, lady gaga's big night at the video music awards all coming up right here on "gma." ♪ ♪ ♪ >> tech: at safelite, we're here for you with safe, convenient service. >> tech: we'll come right to you. ♪ upbeat music >> tech: you'll get a text when we're on our way. >> tech: before we arrive,

moving to the airlines, take a look at southwest. their ceo making some pretty pessimistic statements for this year. lauren, how pessimistic? lauren: yeah. southwest airlines ceo gary kelly does not expect the carrier to be profitable at all this year and that will be the first time in 47 years. he says look, traffic's down, revenue's down, both about 75% from last year which is making this idea of profitability, he says quote, unrealistic. they are also still burning through $20 million in cash a day. a lot of people, lot of analysts say southwest is the best positioned here because it's a domestic carrier. we are more inclined to take trips in the u.s. than overseas. even southwest struggling pretty badly. ashley: $20 million a day. lauren: a day. ashley: that is staggering. some of the other airlines are even worse. staying on the airlines, take a look at united. i guess they are betting big on one stake, adding dozens of daily flights. the question, of course, which state? lauren: florida. the bet is that when the weather turns c

airlines still that's the bottom of the barrel. nonetheless i'm there. you go to delta or southwest those domestic airlines are going to come back soocner. kid yourself not, these industries will not be allowed to fail, nor do i think they should be allowed to fail. >>> next, our exclusive interview with the ceo of workhorse. later, the hidden pain in retail at cdw, we get that employees working from the road are a major security concern. cdw can assess your needs, then design and implement a secure mobility solution using the hp elitebook powered by intel 8th generation core processors. the hp elitebook features groundbreaking built-in security, like sure view to thwart visual hacking and cdw configures them to your company's specs. for mobile security, you need hp and it orchestration by cdw. [intel jingle] and it orchestration by cdw. you may be learning about, medicare and supplemental insurance. medicare is great, but it doesn't cover everything ...only about 80% of your part b medicare costs. a medicare supplement insurance plan may help cover some of the rest. learn how an aa

that's the message from southwest airlines to its passengers according to usa today, the airline is seeing drinking their own alcohol during flights during the pandemic. southwest is no longer serving alcohol on flights over 250 miles. >> trace: not your run of the mill covid-19 testing as one international airport is using dogs to sniff out the virus. greg palkot live for us in london to tell us how this works. >> it is yet another effort to try to spot and tame the covid-19 worldwide pandemic. dubai in the united arab emirates reportedly the first airport to use sniffer dogs to track down covid-19 on arriving passengers. dogs have a great sense of smell. they are used to detect humans at disaster scenes and drugs and now they claim they have trained dogs to detect the smell of coronavirus with a 92% sweat rate. sweat samples are taken off arrivals and the dogs do the sampling in a separate room. we have looked at the government here in the u.k. spending about a half million dollars to train up their own set of dogs. programs are also being run in france and germany and the university of

tells you that -- they're trying to be customer focused even southwest down about 2.5% >> southwest is a budget airline, and you're talking about a full service carrier it only applies to full price tickets, not those bottom basement ones that are considered deals i'm kind of curious to see how this pans out. >> robert, put a final word on it >> it's about time southwest did it, and most retailers, they provide easy refunds, easy exchanges. it's time for airlines to do the same thing >> that model wins i totally agree. leslie picker, dom chu and robert frank, appreciate it on "rapid fire. >>> a new study shows most college students are back on campus physically. that has college towns torn. we'll dig into it, next. >>> welcome back after suspending classes for two weeks due to a covid outbreak, notre dame announced students will be returning to campus on wednesday. a new study shows they won't be the only ones as many students will learn virtually but not necessarily at home. steve liesman is here to explain. steve? >> back to school, kelly a new study with information on health and its economy find th

or not important from the safety perspective to keep the middle seat empty, some airlines like delta, jetblue, southwest are keeping the middle seat empty on their planes, the narrow-body planes. whereas america, united and spiritre fildle seat. alaska is also keeping the middle seat empty. i know it's an important airline in san francisco, and i remember thinking it's very rare, extraordinarily rare that u.s. airlines differ overtly on a matter related to safety. anyway, so i tried various approximations, which i'm glad to describe the interminable lens and if you're on a plane, like a 737 or airbus 320 that is completely full, your chance of coming down with covid-19 because of the flight is something like one in 4300. >> hearing an echo right now, thank you for taking care of that. i appreciate it. i want to get back to the issue of mail-in ballots because as you know, president trump is talking a lot about that and that process and why he thinks it's going to lead to massive voter fraud this november. joining me now to talk about how to make sure your vote is counted is california secretary of state

southwest. the budget airline will no longer disinfect seat belts and armrests between flights. eaning protocol will involve deep cleaning planes every night but between flights it will only clean bathrooms and tray tables. southwest cited a pickup in its travel schedule for the reduction in its cleaning service. len? >> bring the wipes with you on the flights. and diane i hear the mac and cheese has made its way to the breakfast table. tell us more about this. >> reporter: yes. apparently so. so kraft heinz is giving mac and cheese fans a chance to win alimented edition breakfast box. each contains a place mat to color on and a box of mac and cheese and a mat with pairing suggestions. to enter twitter users use the hashtag and sweepstakes is through friday. this idea apparently came from the word that more than 50% of parents are giving mac and cheese to their kids for breakfast. >> wow. okay. mac and cheese is good. but #idon'tknowaboutscrambleedeggsw thmacandcheese. >> reporter: i know. i know. >> the bacon i can get with though diane. diane king hall of cbsmoneywatch.com. tha

first up southwest is asking passengers to stop boozing it up. the airlineing drinks but it is seeing uptick in passengers bringing their own. southwest facing backlash for cutting certain cleaning priorities no longer disinfecting arm wrests and seat belt between flights, what, dagen, what do you think? dagen: i carry my own act bacterial wipes so i will not be flying southwest. you want people to obey the rules and keep calm, you better liquor them up. [laughter] maria: you crack me up, really you just crack me up. next up mac and cheese in the morning? kraft temporarily replacing dinner for breakfast. hey, james, are you in having mac and cheese for breakfast? james: yeah, 100%. that's the go-to option especially when you have friends and family getting together during the summer with socially-distanced, of course, but that is the go-to meal that all the kids will eat. as long as we don't bring liquor for breakfast table i think it's absolutely fine. maria: gosh, this morning buzz is cracking me up this morning. all right, dancing to a scholarship, viral

we should point out it appears berkshire exited several airlines, delta, southwest, united and americanone interesting thing here is that they did add gold. caroline: how are those coins going? romaine: very well. make sure you tune in tonight at 6:00 for bloomberg wall street week with david westin. david is not going to be here, but scarlet fu will dive into -- biden/harris ticket. as tonight at 6:00 eastern time. we will be back in a moment. this is bloomberg. ♪ >> electing biden and harris, as much as it will be great for the country will not be great for the market. >> aside from that taxation, it doesn't do much by way of financial policy. people eat -- people will be feching closely for the chair. what are your expectations and the types of moves they would make to regulate the industry in a different way? >> the biden camp and the people i have spoke to are quite centrist and to be fair, more conservative than the trump camp. these guys are keynesian, but they are fiscal conservatives and that they know you can't keep spending forever without having some offset. so i think you w

if you went on an airline, buy southwest, but the best performer is going to be american it has a ton of international roots. the hotels with overseas properties soared, too buy marriott, that's what you always do. lifting our travel ban means next to nothing. even the cruise lines rallied, despite they're mostly canceled until november the bottom line, now you know the rodeo. when you see the bull burst out, remember you're the rider. as long as you know which bull you're riding, you know which stocks will rally on any given day. of course, you can always sit on the sidelines in cash, as so many brilliant hedge fund managers say to do so. so far, bull riding pays a lot better bill in delaware, bill >> caller: hey, boo-yah, jim how are you doing today? >> couldn't be better day. how about you? >> caller: well, it could be worst, but it could be better. >> that's a good way to look at it >> caller: did you have any problems getting jimmy dean sausages the last few months >> no, i eat beyond meat sausages, partner. >> caller: come on, man! >> they taste as good as when you have a vegan

southwest. explain. >> i guess we're neutral here. airlinest's a beta trade tied to the reopening of the global economy. they can move a lot in a short amount of time we're kind of stuck in this middle where it's too late to bet against them i think difficult to bet against them given how they move they still don't -- they haven't developed enough to rate well. ticker luv, it has stabilized. i see counter trend strength into $42 which is resistance at its 200-day average. as long as support at its 50 day is up. that's at 33 that's your stock level. >> 33 is the stop level. not a lot of money to be made. you're not saying you endorse buying southwest at these levels mark, you're down on the whole group. >> i don't own any airline stocks i just don't have the stomach to trade those day in and day out we're still down like 65 to 70% from a year ago. until that normalizes and when i say normalize, i mean down 25% year over year it will be permanent demand destruction. until that normalizes, i'll be on the side lines. domestic travel is less banged

jackie: there is a shift in southwest's cleaning policy the airline will no longer disinfect arm restsbetween flights as it returns to a more normal schedule. the move to prioritize high touch areas like tray tables and lava tories while minimizing the turn around time. the airline adds deep cleaning of the carriers will be done overnight so you only pay for what you need? given my unique lifestyle, that'd be perfect! let me grab a pen and some paper. know what? i'm gonna switch now. just need my desk... my chair... and my phone. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ ♪ we've always put safety first. ♪ ♪ and we always will. ♪ ♪ for people. ♪ ♪ for the future. ♪ ♪ and there has never been a summer when it's mattered more. wherever you go, summer safely. get 0% apr financing for up to five years on select models and exclusive lease offers. yeah. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you move. we a

comment during this pandemic we're signal and nble and nextible i use the analogy of airlines, jetblue and southwestome in and pick and choose the routes they select delta and american had to kind we just been really, really and making sure we don't xblo r s. that is a difference between us d the big labs >> tony, what do people have to do in order to carry out the test at home and are you confident that they do whatever is required of them perfectly and that the results perfectly is. rate >> yeah. you know, i've always since day one i say always, it'seen four months i always said, you know, everyone's doing the best they can, sharing positive stors. everyone's intent is really good what i love abou >> well, i'm just curious, tony, if you're giving advice to other companies, i mean kroger is trying to figure this out. everyone is trying to figure this out as they bring employees back do employees have to stay home from work when they take a test and wait for the results because if it takes two days, isn't that a long time to stay home in addition to however long they may have to stay home to get bet

southwest, phil lebeau explains. hey, phil. >> hey, leslie this is the kind of news that people will look at and they'll say, this is an indication things are improving for the airlines huge improvement, but it is material enough that when southwest put out its ak today, they said their daily cash burn is now down to $17 million a day. that's the average previously the guidance for july was $18 million a day and that's for the month of july for the third quarter. that means that they're expecting the daily cash burn to be $20 million a day instead of $23 million a day. and here is the reason why there has been a gradual, not a huge one, but a gradual increase in the number of people who are flying and you see that as you look here we're up, you know, in the range of anywhere between 580 and 880 thousand people, depending on the day. by the way, that's down about 68% to 73%, depending on the day. southwest september revenue guide is now down 65% to 75% that is their expectation there. as you take a look at the airline stock webs this is giving all of them a boost here because they are expected to hopefully continue to see a gradual increase carl, we should point out,

much the other group out performing today is boeing and the airlines boeing, united airlines, american, jet blue, southwest all jumping higher as the reopening rally gains steam. phil has more on the moves in those sectors. high, phil >> it's all about optimism it's not looking at the near term which is ugly and how ugly is it. take a look at the july order and delivery numbers from boeing this is not a surprise everybody expected boeing to report really weak numbers for the month. negative 52 planes in terms of orders year to date, negative 836 negative 864 orders this year. the backlog stands at 4,496 planes at the end of last year it was close to 53, 5400. july deliveries just four planes those weren't good numbers and neither are numbers when it comes to number of people who are on the planes that are in service. that the airlines are flying this is what we're seeing over the last three, six months or so you're seeing the number of people flying still down 69 to 73%. does that matter to those who are looking at airline stocks. not a beat that's why wheen yn you take a back, we're going to last wednesda

production and southwest has reportedly seen an uptick in passengers drinking their own booze on board flight as the pandemic continues the mission of this and also will be added to the airline's in-flight safety announcements also southwest will no longer disinfect armrests and seat belts between flights some specific cleaning procedures will now be done overnight only and walt disney will sell access to its long-delayed milan live action movie through disney plus for 2999. that is the cost to download it. the movie was set to be released in theaters. it was delayed numerous times due to covid disney will also launch a new international streaming service under the star brain and live from new york, i'm jane king back to robin everybody's excited about online. thank you jane marty. >>and coming up on the kron 4 morning news parts of beirut are in shambles this morning following that explosion that killed dozens of people in lebanon will have the latest details for you coming up. bring it back home to the bay area, let's take a live look outside karl is busy at the golden gate bridge so be extra careful if you're heading from are in or tumor in this morning, we' >>7.23. good mo

airlines. i used to work in the business when i was young in my 20s, i have a feeling delta, and american, and jetblue will have to follow. southweste for changing but all these other airlines did because they realized it was good business. now it is like, look, you have to make some concessions. i think that is a god thing. frankly, does it really cost you $200 for a few keystrokes on a computer to change my flight from monday to wednesday? i don't think so. charles: sure. they were ripping us off big time. by the way i understand you're still flying around? >> i took a flight a month ago. went to a state obviously not on the new york city quarantine list. it was a quick little flight. they really i think so far did a really nice job. from what i observed, not only middle seats empty, the plane was frankly empty, the airports. everything is as clean as korean can be. remember on the aircraft the air is recycled constantly. medical experts say chances of getting sick on a airplane is actually pretty slim. i could have told you that before. but they caught up to me on that belief. the planes are very clean. the airlines are taking t

fees the whole industry marched in the same direction in administers these fees >> right southwest the only airlineged for a ticket change you know a difference in the fare levels. if you -- new fare was going to be higher than the previous fare, you had to pay the difference, but weren't slapping $200 on that puts pressure on american and democrat delta to see if they will match what united has done. >> thanks, phil, you bet. >>> still to come, warren buffett turning 90 over the weekend. his friend bill gates helped celebrate by baking his oreo cake and celebrating by a massive investment in japan. >>> and futures trading indicated up through the morning. dow turned down. up by 28 points earlier. down by about 7 points now s&p futures hanging in there up 1q int and a half and nasdaup by2. >>> we'll be right back. ♪ ♪ ♪ ♪ >> announcer: cnbc's workforce executive council, a group of human resources executives from leading companies across the country. it offers a members-only portal and chat, plus exclusive industry contact with access to breaking news calls and digital networking experiences, the n

on wednesday, american airlines joined a growing list of u.s. carriers banning them. southwest is also prohibiting bandannas and other face coverings not secured under the chin. c.e.o. gary kelly: why is it so hard to get a mask policy that doesn't change every two weeks? >> that's a great question. i think there's an evolution in the learning about how effective the masks are. , you know, as we learn new information and get new information from the c.d.c., we're updating our policies. >>oi take y off tohoyou 95. it's a construction mask with a vent. when i blow do it, watch the filter? see how it moves? that's unfiltered air coming out of the mask which means while it may protect me, it may not be protecting those around me. marg get. >> brennan: important to see. thank you, kris. there is still much more news ahead on tonight's "cbs evening news." we're tracking not one but two tropical storms tonight. and watch what happens when you don't practice safe social distancing around a protected bison. they can du more with less asthma. thanks to dupixent, the add-on treatment for