Skift1d
Southwest Airlines to Lay Off 15% of Corporate Workforce in Cost-Cutting Push
Southwest Airlines plans to lay off 15% of its corporate workforce, marking a significant shift in strategy. The layoffs aim ...
WFAA88d
2 more Southwest Airlines board members stepping down, finishing board overhaul by Elliott Investment Management
DALLAS — Two more board members of Dallas-based Southwest Airlines are stepping down in April, concluding an overhaul of the ...
Crude Oil Prices8d
Elliott Investment Management Targets BP for Strategic Overhaul
BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...
Yahoo Finance5d
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Elliott Management, which has about $70 billion in assets, is due to publish a regulatory filing in the U.S. on Friday to disclose its quarterly positions in listed companies. ($1 = 0.7991 pounds) ...
The Financial Times6d
Elliott builds £3.8bn stake in BP and seeks big asset sales
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent ...