Southwest Airlines and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on Thursday in a deal that allows CEO Bob Jordan to retain his job by making ...

Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for ...

Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well ...

The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...

Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...

Consumer companies rallied after strong earnings from UPS boded well for consumer spending. Discount carrier Southwest Airlines struck a truce with activist investment firm Elliott Investment ...

NEW YORK — Wall Street drifted to a mixed finish Oct. 24 after Tesla surged to one of the best days in its history, while IBM ...

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...

Southwest Airlines Co. Chief Executive Officer Bob Jordan says he knew the activists were coming. He just didn’t know which one.

Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by ...