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 ...

Southwest Airlines entered into an amendment to the cooperation agreement with Elliott Investment Management that increases ...

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

Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.

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

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

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology, Inc. (NASDAQ: AZPN) (the "Company" or "AspenTech"), ...

(Bloomberg) -- Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year campaign pushing the company to sell assets, improve ...

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?