Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position and stepped up its efforts.

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...

Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first mass layoffs in the ...

BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...

Energy giant BP's shares have soared after activist hedge fund Elliott Investment Management revealed it has taken a stake ..

Southwest Airlines on Monday announced its first mass layoff, saying it would cut about 1,750 employees in a bid to boost ...

The Dallas-based airline is shrinking its board from 15 members to 13 as part of an agreement with activist investor Elliott ...

Activist investor Elliott Management has disclosed a near 5% stake of about 3.8 billion pounds ($4.75 billion) in BP, making ...