The company's first involuntary staff cuts come amid dramatic changes forced by investors. But can it soar by acting more like competitors it long outperformed?

Southwest Airlines is caving further to pressure from minority stakeholder Elliott Investment Management, which has been granted permission to own a greater share of the company's outstanding stock.

A top Southwest Airlines executive is leaving the troubled carrier, just as it moves to reinvent itself while satisfying the ...

Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.

Chairman Helge Lund calling for a shareholder vote on any plans the company has to row back its climate goals, setting up a potential clash with activist hedge fund Elliott Management, the Financial ...

Southwest Airlines Co. (LUV) said in an exchange filing on Wednesday that it has entered into an amendment to the cooperation ...

Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Southwest Airlines entered into an amendment to the cooperation agreement with Elliott Investment Management that increases ...

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.

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...