Paul Singer's Elliott Management bets against Nvidia after calling it a 'bubble' and saying AI is 'overhyped'
Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.
Investors call for vote on any BP rowback on climate goals
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 ...
Harvard Business Review16h
When Activist Investors Ask for Board Seats
Activist investors are making frequent demands for board seats—and having more success in gaining them. To deal with this, ...
Southwest Air to cut 15% of corporate jobs in first-ever layoffs
Southwest Airlines Co. will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the ...
Southwest Airlines' first-ever layoff to impact 15 percent of corporate ranks
Southwest Airlines has long boasted of never having an involuntary layoff over a history stretching back more than five ...
The Sentinel13h
Southwest to lay off 15% of its corporate staff, including senior leadership
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.