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

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

After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...

American Airlines posted a loss of third-quarter loss of $149 million Thursday, weighed down by paying bonuses to flight ...

The Biden administration said Thursday it is launching a broad investigation into the state of competition in air travel, including the effect of mergers and joint ventures ...

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

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

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