Recent actions by hedge fund Elliott indicate management teams that fail to perform may be in the firing line.

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

Southwest Airlines said on Wednesday its chief transformation officer, Ryan Green, will step down from his role, months after ...

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

Activist investor Elliott Investment Management, which has a $1.5 billion stake in Aspen Technology, Inc. (AZPN), said on ...

Items high on the agenda could be exiting petrol service stations, selling Castrol lubricants and US shale oil and gas, and ...

BP shares have been underperforming for a few years now, but a recent uptick reflects growing interest in a revamped strategy ...

BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...

Southwest Airlines Co. will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the ...

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.