Activist investors are making frequent demands for board seats—and having more success in gaining them. To deal with this, ...

A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back on its climate goals, setting up a potential clash with US activist hedge ...

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

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.

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

In a regulatory filing on Monday, Southwest Airlines announced its first-ever round of mass layoffs in its 53-year history as ...

Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first mass layoffs in the company’s history. The cuts will start in April and include senior leadership ...

Southwest Airlines has announced its intention to lay off approximately 15% of its corporate staff. This decision has been described by its CEO as “unprecedented,” amid the company’s efforts to reduce ...

JetBlue (JBLU) and Frontier Group (ULCC), the owner of Frontier Airlines, are rising 10% and 4%, respectively, today.

Southwest Airlines cut hundreds of corporate roles, including senior leadership and director positions, as it works to trim ...

Shares of Southwest Airlines are rising in premarket tradin, after the carrier said it plans to cut 15% of its corporate workforce, eliminating about 1,750 jobs.