Confession time: What’s the worst thing you’ve ever done on vacation? Austin Rulfs says he’s still embarrassed about his ...

WEST PALM BEACH, Fla., May 6, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (NYSE ...

Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...

A “mug hug” moment or brand déjà vu ... Two activist investors—including Elliott Management, a hedge fund notorious for targeting underperforming companies—initiated campaigns during ...

Activist investor Elliott Management is raising the pressure on Phillips 66 (NYSE:PSX), asking shareholders to support its plan to push the company to divest assets, improve performance at its ...

Activist hedge fund Elliott Management is increasing the pressure on oil refiner Phillips 66, kick-starting a proxy battle calling for “sweeping changes” at the US energy conglomerate.

Elliott Management bet against Nvidia using put options last quarter, filings show. Paul Singer's firm had "at least $600 million in downside exposure" to the chip maker, one analyst said.

Elliott Management said a crypto collapse could "wreak havoc in ways we cannot yet anticipate." The White House's boosting of crypto is fueling speculation, it said in a letter. The letter ...

As part of an appeal to the coffeehouse vibe, Niccol said Starbucks (SBUX) plans to bring back condiment coffee bars in all cafés by early 2025, offer ceramic mugs again, and bring back more ...

The news comes as the company is under pressure from activist investor Elliott Investment Management ... bringing back ceramic mugs for people who want to hang out longer and bringing back ...

Elliott Management Corp.’s recent campaign to oust the CEO of Southwest Airlines furnishes us with a rough measuring rod by which to judge just what activists can (and cannot) achieve.