Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

Aside from pressuring the airline to raise revenue, since disclosing an 11% economic stake in Southwest last year (enough to call a special board meeting), Elliott Investment Management has also ...

Elliott Investment Management was refused permission to take its case against the London Metal Exchange over the 2022 nickel ...

Southwest will start charging customers to check bags, launch basic economy tickets in a bid to drive up revenue.

Elliott Investment Management, which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), announced seven candidates it has nominated to the company’s board ...

The original story from March 4 appears below. Elliott Investment Management LP has made its next major move against Houston-based Phillips 66 (NYSE: PSX). The activist investor has nominated ...

NEW YORK, March 4 (Reuters) - Elliott Investment Management nominated seven directors to Phillips 66's (PSX.N), opens new tab board, laying the groundwork to push for changes that include spinning ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said. The hedge fund ...

Southwest Airlines said Tuesday it will charge for checked bags for the first time in its more than half-century of flying.

Elliott Investment Management believes BP's strategy reset lacks urgency and ambition, Bloomberg reports, citing unnamed sources. -- The activist investor, which might hold a nearly 5% stake of BP ...

Elliott Management, along with other major BP shareholders, is discussing potential additional measures to improve BP's ...