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

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

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

BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...

Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first mass layoffs in the company’s history. The cuts will start in April and include senior leadership ...

The airline, the largest carrier at both San Antonio and Austin, said the cuts are unprecedented in its 50-year history.

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.

Southwest Airlines plans to cut 15% of its corporate workforce, eliminating nearly 2,000 jobs, including 11 senior leadership ...

BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...

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

In a regulatory filing on Monday, Southwest Airlines announced its first-ever round of mass layoffs in its 53-year history as ...

JetBlue (JBLU) and Frontier Group (ULCC), the owner of Frontier Airlines, are rising 10% and 4%, respectively, today.