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

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

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

Activist investors are making frequent demands for board seats—and having more success in gaining them. To deal with this, ...

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

Elliott Management has disclosed a nearly 5% stake in BP worth almost £3.8B (~$4.75B), making it the company's third largest shareholder.

Phillips 66 (PSX) investor Elliott Investment Management urged the oil refiner on Tuesday to spin off or sell its midstream business, which it said could command a valuation of more than $40 billion.

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...