DALLAS — Southwest Airlines has announced a slate of major changes, from the first mass layoffs in the airline’s history to ...

Dallas-based Southwest announced plans to abandon its free checked bag policy Tuesday. After axing open seating and other ...

Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on ...

After announcing it would start adding bag fees, is Southwest catching up to its competition or is it losing its uniqueness?

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

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

Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes ...

The carrier has not yet revealed what the cost will be of checking a bag. Southwest competitors Delta, United and American ...

In addition to nominating the directors, Elliott has submitted a proposal to declassify Phillips 66’s board, which would put ...

Southwest Airlines shares surged Tuesday after the airline said it will start offering basic economy tickets and charging for ...

Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of ...