Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on ...

Frontier pounced on free bags as a winning value proposition after Southwest Airlines dropped its “two bags free” ...

Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

Stock markets are as risky as they have ever been. That’s the sentiment echoed by billionaire investor Paul Singer.

Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes ...

AC Milan have had a statement published in this morning’s newspapers aiming to clarify the relationship between RedBird ...

After announcing it would start adding bag fees, is Southwest catching up to its competition or is it losing its uniqueness?

Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of ...

Dallas-based Southwest announced plans to abandon its free checked bag policy Tuesday. After axing open seating and other ...

Aside from pressuring the airline to raise revenue, since disclosing an 11% economic stake in Southwest last year (enough to call a special board meeting), Elliott Investment Management has also ...

The move came after months of relentless pressure from hedge fund Elliott Management, which has demanded big changes to the way Southwest does business since buying a $1.9 billion stake in the ...