Southwest Airlines plans to cut 1,750 jobs or 15 percent of its corporate workforce, in the US carrier's first company-wide ...

The company's first involuntary staff cuts come amid dramatic changes forced by investors. But can it soar by acting more like competitors it long outperformed?

Southwest Airlines is caving further to pressure from minority stakeholder Elliott Investment Management, which has been granted permission to own a greater share of the company's outstanding stock.

A top Southwest Airlines executive is leaving the troubled carrier, just as it moves to reinvent itself while satisfying the ...

SpaceX engineers were said to be simply touring the Federal Aviation Administration on Monday. In fact, some were already ...

Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.

Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more representation on the company’s board.

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.