Elliott Management ousted much of the board at Southwest Airlines, with Gary Kelly announcing his retirement amid broader board turnover.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Elliot is calling on the company to replace CEO Bob Jordan, revise its board of directors, and conduct a comprehensive business review.
Southwest Airlines executives told Bloomberg that they’ve seen an increase in pilots who apply to the airline.
The data are conclusive – but don’t let it keep you from flying.
The Transportation Security Administration is expecting to screen 30 million passengers between this past Sunday and November 28.
In 2018, Boeing ran into extreme turbulence. In just five months, two 737 MAX crashed in Indonesia and Ethiopia, resulting in 346 deaths.
Reddit went public this year and is inching towards profitability, a mere 19 years after it was founded, and the future looks bright.
US antitrust enforcement against Big Tech kicked up a gear in 2024 when the DOJ won its case against Google. Does Big Tech need to worry?
This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.