The recently reported quarterly results of major airlines reflected strong travel demand despite a hike in airfares. Moreover, lower jet fuel ...

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

Southwest Airlines has announced it will be laying off 1,750 corporate employees, which is about 15 percent of its corporate ...

Paul Singer’s Elliott Investment Management disclosed in an SEC filing its holdings as of December 31, 2024. The fund exited two positions ...

Famed activist investor Elliott Investment Management exited its position in Cardinal Health (NYSE:CAH), dumping 2M shares in Q4, according to its 13F filing. The hedge fund increased its stake in ...

Also in today’s newsletter, Apple teams up with Alibaba to develop AI in China and Elliott builds a 5% BP stake ...

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported full year 2024 U.S. GAAP diluted loss per share of $13.86 and adjusted earnings per share of $8.37.

Byron shot from ninth to first on the final lap after Denny Hamlin and Austin Cindric crashed racing for the win ...

The Trump administration’s layoffs left the two tribal colleges with little staff to continue their programs *Updated ...

Director nominees with CEO experience have long featured in Board slates put forward by activist investors. Those candidates were typically from outs ...

Southwest Airlines said it will slash 15% of its corporate workforce -- the first mass layoffs in the company's decades-long ...