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

If it wins the process, the stalking horse would acquire 100% of PDV Holding's shares, with proceeds to be distributed to ...

Elliott Investment Management was refused permission to take its case against the London Metal Exchange over the 2022 nickel ...

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

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

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

Activist investor Elliott Management has met several large BP (NYSE:BP) shareholders to try to forge a consensus for more ...

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 ...

Southwest will start charging customers to check bags, launch basic economy tickets in a bid to drive up revenue.

Southwest Airlines shares surged Tuesday after the airline said it will start offering basic economy tickets and charging for ...