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

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

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

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

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

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

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

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

Following pressure from an activist investor that started over a year ago, one of Houston's largest public companies is ...

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