Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for ...

CVS Health are all replacing their chief executives, after activist hedge funds argued that their stocks suffered from bad ...

The S&P 500 and Nasdaq Composite closed higher on Thursday as EV maker Tesla had its best day in a decade, while the Dow ...

Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...

NEW YORK — Wall Street drifted to a mixed finish Oct. 24 after Tesla surged to one of the best days in its history, while IBM ...

The Southwest board will undergo a major shakeup after the airline resolved a long running public feud with activist investor ...

Six new directors will join the Southwest board, including five of Elliot's nominees; chairman and former CEO will step down ...

The settlement deflects a potentially rancorous proxy fight.

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...

Following several months of contentious back-and-forth, Southwest Airlines and Elliott Investment Management have reached an ...

Southwest Airlines has given in to demands from Elliott Investment Management after months of an ongoing battle and agreed to ...

Southwest Airlines and activist investor Elliott Investment Management reached a settlement that adds six new directors to ...