Southwest Airlines Pitches New Vision for Budget Pioneer in Activist Battle

Southwest Airlines beats on revenue by a wide margin, names new board members

Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.

Business - MarketWatch - October 24

Southwest Airlines Settles Boardroom Fight

Southwest will add five board members as a concession.

Business - Inc. - October 25

Southwest’s stock falls after activist calls special meeting to elect new board

Southwest Airlines’ stock took a turn lower Monday, after activist investor Elliott Investment Management called for a special meeting to give shareholders a chance to elect “a completely ...

Business - MarketWatch - October 14

Southwest and activist investor Elliott strike deal to keep CEO Bob Jordan, add six new directors

Southwest Airlines stuck a deal with activist Elliott which staves off a potential proxy fight in exchange for sizable board representation.

Business - CNBC - October 24

Southwest Strikes a Truce With the Activist Hedge Fund Elliott

The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.

Business - The New York Times - October 25

The Ultimate Southwest Insider Tasked With Reinventing the Airline

CEO Bob Jordan plans big changes at the budget carrier, but activist Elliott has called for his ouster and is seeking help from shareholders.

Business - The Wall Street Journal - October 14

Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

Business - CNBC - October 24

Southwest Airlines Will Face Pilots’ Union Lawsuit Over Threats

The Dallas-based carrier will head to court over claims by pilots that it harassed a senior pilot involved in training other aviators.

Business - Inc. - 6 days ago

Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8

Activist investor Elliott Management has requested a Dec. 10 special meeting date at Southwest Airlines, as it seeks to oust CEO Bob Jordan.

Business - CNBC - October 14

France's budget battle: Why the government's plan to plug the deficit is sparking an outcry

World - Yahoo News - October 15

France's budget battle: Why the government's plan to plug the deficit is sparking an outcry

France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficit

World - ABC News - October 15

Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs

Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.

Business - CNBC - October 25

Armed activists launch new protests in Martinique over high living costs

Government officials in Martinique say protesters with automatic weapons targeted police and firefighters during a fresh round of violent demonstrations in the French Caribbean island

World - ABC News - October 23

American Airlines Cracks Down on ‘Gate Lice’ With New Boarding System

American Airlines is testing a technology platform that will produce a sound when a passenger attempts to board a flight ahead of the assigned group.

Business - The New York Times - October 24

Airline Rule Requiring Automatic Refunds for Significant Flight Disruptions Goes Into Effect

The Transportation Department’s new rule also sets the definition for what constitutes a “significant” delay in air travel.

Business - The New York Times - October 29

What to know about new airline refund rule for delays and changes

With the holidays approaching, travelers now have the right to automatic refunds if flights are canceled or face major delays. New rules also cover flight changes and baggage delays. Kris Van ...

Global business takes its chance to size up new Labour pitch

Starmer’s investment summit guests express both praise and doubt — but many want to wait to pass judgment

World - Financial Times - October 14

Harris interviewed by Fox News in pitch to anti-Trump Republicans

Vice President Kamala Harris tried to attract Republican voters in a Fox News interview and a Pennsylvania campaign appearance, while former President Donald Trump attempted to broaden his appeal ...

Politics - NBC News - October 16

Unity's new CEO pitches 'fundamentally different company' after rough year

Unity CEO Matt Bromberg, who joined in May, is overseeing his first big product launch since taking over the gaming software company.

Business - CNBC - October 17

A Cheapskate in New York City: How to Visit on a Budget

Pop-up art, cheap theater tickets, Chinese food and a well-situated, if noisy, hotel: How to see Manhattan (and a bit of Brooklyn) on a budget.

Business - The New York Times - October 22

Chancellor to announce five new UK freeports in the Budget

Labour to expand tax-free import scheme in a bid to boost economic growth across the country

Business - Financial Times - October 25

Reeves will not unveil new freeports in Budget, officials admit

One government figure says Downing Street announcement on Friday was ‘total cock-up with the comms’

Business - Financial Times - October 27

No new freeports in Budget after 'comms cock-up'

The government mistakenly briefed that five new low-tax sites would be announced this week.

Why New York’s Orthodox Jewish Voters Could Tip the Battle for the House

In three key swing districts in New York’s Hudson Valley, candidates are pressing for the support of ultra-Orthodox Jews, who tend to vote as a bloc.

Top stories - The New York Times - October 22

Harvard donations drop sharply in wake of criticism over Israel protests

Donors and alumni cut gifts to west’s wealthiest university by 14% to below $1bn with endowment fund taking brunt of hit

World - Financial Times - October 17

Metals trader IXM bids to become China’s answer to Glencore

Chief executive Kenny Ives reshapes CMOC-owned firm and expands into lithium trading

World - Financial Times - October 18

Bondholders could make $14bn from emerging market restructurings, says Debt Justice

Campaign group says debt resolution in countries from Ghana to Ukraine means potential big profits for investors

World - Financial Times - October 18

Anti-abortion activists set up outside clinic ‘safe zones’ on first day of new law in England

Pro-choice campaigners welcome CPS guidance that ‘silent prayer’ is among the activities prohibited within the 150-metre buffer area. Anti-abortion activists have been taking up positions just ...

World - The Guardian - 4 days ago

Activist Irenic backs Starboard's push to end News Corp's dual-class structure

Activist Irenic Capital Management said Tuesday that it would back fellow dissident Starboard Value's push to dissolve the dual-class structure at News Corp.

Business - CNBC - 9 minutes ago