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

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s 53-year history. The Dallas-based airline said Monday that the ...

One scoop to start: Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a ...

Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan ...

President Donald Trump has implemented a flurry of executive orders and policies that have touched nearly every corner of the ...

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the oil company to either sell or spin off its midstream unit to help ...

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

A white button-down shirt is just about as versatile as a piece of clothing gets. What else works equally well for a job interview, a late-night drink, and over a bikini? That said, sometimes you ...

CLEVELAND, Feb. 3, 2025 /CNW/ -- Elliott Investment Management L.P. (Elliott), Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful completion of the ...

CLEVELAND, Feb. 3, 2025 /PRNewswire/ -- Elliott Investment Management L.P. (Elliott), Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful completion ...