BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...

Although a corporation also offers liability protections, it differs from an LLC in terms of ownership structure, management and taxes. Did you know... The word corporation can refer to multiple ...

The company's first involuntary staff cuts come amid dramatic changes forced by investors. But can it soar by acting more like competitors it long outperformed?

Capital Wealth Advisors expands into Pittsburgh with three hires. A wealth management firm based in Naples, Florida, ...

Southwest Airlines is caving further to pressure from minority stakeholder Elliott Investment Management, which has been granted permission to own a greater share of the company's outstanding stock.

A top Southwest Airlines executive is leaving the troubled carrier, just as it moves to reinvent itself while satisfying the ...

SpaceX engineers were said to be simply touring the Federal Aviation Administration on Monday. In fact, some were already ...

Phillips 66 (NYSE:PSX) +1.6% in early trading Wednesday as activist investor Elliott Management, which has built a $2.5B-plus ...

Southwest Airlines Co. (LUV) said in an exchange filing on Wednesday that it has entered into an amendment to the cooperation ...

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...