Southwest Airlines is cutting approximately 1,750 corporate positions—about 15% of its office-based workforce—in a sweeping effort to reduce costs and streamline operations. CEO Bob Jordan described ...
Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.
Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first mass layoffs in the ...
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...
The FTSE 100 index closed up 67.27 points, 0.8%, at 8,767.80. The FTSE 250 ended up 217.75 points, 1.1%, at 21,025.59, and the AIM All-Share closed up 0.8%, or 5.55 points, at 724.59.
The FTSE 100 index closed up 67.27 points, 0.8%, at 8,767.80. The FTSE 250 ended up 217.75 points, 1.1%, at 21,025.59, and the AIM All-Share closed up 0.8%, or 5.55 points, at 724.59.
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
Shares in BP rose by 7% to their highest since August in early trade on Monday, after investor Elliott Management built a ...
The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.
(Reuters) -Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the ...
American Greetings, the second-largest U.S. greeting card company, has a new majority owner. Learn about other Northeast Ohio M&A deals this week.
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