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

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

American Airlines posted a loss of third-quarter loss of $149 million Thursday, weighed down by paying bonuses to flight ...

Southwest Airlines struck a truce with Elliott Investment Management, giving the activist a significant presence on its board ...

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 ...

Southwest Airlines Co. (NYSE: LUV) announced early Oct. 24 an agreement with activist investor Elliott Investment Management ...

The carrier’s concessions will avert a proxy fight in exchange for naming six new directors. Notably, Southwest CEO Bob ...

Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a ...

Activist investor Elliott Investment Management and Southwest Airlines are close to a settlement deal that would give the ...

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

The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...