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

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 ...

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 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 ...

Southwest does did not lay people off. In the nearly 54 years since the airline started flying, it never has laid anyone off, and that was a key part of the company lore. But late yesterday, on a ...

Southwest Airlines’ share price was rising in pre-market hours as the airline announced plans to cut 1,750 corporate jobs, ...

Elliott Investment Management acquired a stake in Southwest Airlines Co. for $2 billion. This is reported in a press release from Elliott. As a result of the deal, Elliott became one of Southwest's ...

Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.