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

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

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 ...

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.

The airline, the largest carrier at both San Antonio and Austin, said the cuts are unprecedented in its 50-year history.

Southwest Airlines plans to cut 15% of its corporate workforce, eliminating nearly 2,000 jobs, including 11 senior leadership ...

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s ...

BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...

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

Southwest Airlines is planning to eliminate an estimated 1,750 positions — about 15% of its corporate workforce — in what ...

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