Latest in Southwest and activist investor Elliott strike deal to keep CEO Bob Jordan, add six new directors
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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 -
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in Honeywell and is pushing the company to break itself up into two businesses.Business - CNBC - November 12 -
Activist Engine Capital nominates six directors at software maker Dye & Durham, sources say
Activist investor Engine Capital intends to nominate a slate of six director candidates to Canadian software maker Dye & Durham's board.Business - CNBC - November 4 -
Will the Cowboys keep Ezekiel Elliott?
It feels like the end is coming for the Cowboys and running back Ezekiel Elliott.Sports - Yahoo Sports - November 3 -
CVS strikes deal with activist Glenview Capital for four board seats
CVS Health announced on Monday that it struck a deal with investor Glenview Capital for four board seats.Business - CNBC - 3 days ago -
Bullet strikes Southwest Airlines flight in Dallas
A bullet struck near the cockpit of a Southwest Airlines flight with passengers that was scheduled to depart from Dallas Love Field Airport on Friday, the airline said in a statement. Southwest ...Politics - The Hill - 5 days ago -
Boeing Reaches New Deal With Union in Hopes of Ending Strike
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.Business - The New York Times - October 31 -
Boeing offers new deal to end 7-week strike: What to know
Striking Boeing machinists are set to vote Monday on a new agreement that could bring an over 7-week-long strike to its end. The International Association of Machinists (IAM), which represents the ...Politics - The Hill - November 2 -
Assisted dying: caution and compromise may end in dissatisfaction
Politicians who support a law change in principle may still vote against the bill that currently falls shortWorld - Financial Times - November 12 -
Nissan Becomes Activist Investor's Next Japanese Target
Effissimo Capital Management says it has built a stake days after the carmaker unveiled sweeping restructuring and cost-cutting plans.Business - The Wall Street Journal - 6 days ago -
Gunfire strikes Southwest plane on tarmac of Dallas airport, officials say
No one was hurt when Southwest Airlines Flight 2494 was struck by gunfire while preparing to depart Dallas Love Field for Indianapolis.Top stories - CBS News - 5 days ago -
Bullet strikes Southwest Airlines plane in Dallas prior to departure
The aircraft was preparing to depart when it was stuck just under the flight deck, and no injuries were reported. A bullet struck a Southwest Airlines airplane preparing for departure from a ...World - The Guardian - 5 days ago -
Import prices post biggest increase in six months and add to U.S. inflation
The cost of imported goods snapped back in October and added a bit more upward pressure to U.S. inflation, largely because of higher fuel costs.Business - MarketWatch - 6 days ago -
EA CEO Andrew Wilson in running to be Disney CEO succeeding Bob Iger | WSJ
Disney is reportedly considering Electronic Arts CEO Andrew Wilson as a successor to Disney CEO Bob Iger, the Wall Street Journal said.Tech - VentureBeat - November 13 -
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 -
Boeing workers end bitter seven-week strike after clinching new pay deal
Two previous pay offers were voted down in walkout that halted most jet production and deepened a financial crisis at the troubled planemaker. Boeing’s US West Coast factory workers accepted a new ...World - The Guardian - November 5 -
How are investors preparing for the Budget?
Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generationBusiness - Financial Times - October 29 -
Nissan shares jump after activist investor takes stake
Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companiesWorld - Financial Times - November 12 -
Honeywell’s stock leaps toward a record after activist investor pushes for a breakup
Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment Management L.P. disclosed a large stake and said it was pushing for a breakup ...Business - MarketWatch - November 12 -
Activist investor ValueAct has $1 billion stake in Meta, sources say
Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.Business - CNBC - November 12 -
Pfizer CEO defends performance after Starboard activist criticism
Drugmaker boosts full-year sales and profit forecasts after reporting better than expected earningsBusiness - Financial Times - October 29 -
America Inc’s new CEO
Has the US now become a distressed asset?Business - Financial Times - November 11 -
Should gold investors add more to their portfolio as the price rises?
Experts say that despite today's high gold prices, there are plenty of reasons to buy in.Top stories - CBS News - November 8 -
An Israeli strike in Beirut kills Hezbollah's spokesman, while a strike in Gaza kills at least 30
A rare Israeli strike in central Beirut has killed the chief spokesman for the Hezbollah militant groupWorld - ABC News - 4 days ago -
Can men and women just be friends? 'Sweethearts' director Jordan Weiss knows the answer
Jordan Weiss had made it as a writer in Hollywood, but she had no plans to direct the film she co-wrote with her best friend, Dan Brier, until she found the confidence to take it on.Entertainment - Los Angeles Times - 12 hours ago -
Chipotle tabs internal pick Scott Boatwright as CEO. What that means for investors.
Scott Boatwright is getting the permanent CEO nod. Chipotle’s stock is up 500% since he joined the company in 2017.Business - MarketWatch - November 11 -
Russia denies Trump call with Putin urging restraint in Ukraine
The US president-elect, who is promising to end the conflict, was reported to have spoken to Vladimir Putin on Thursday.Top stories - BBC News - November 11 -
New Bob Woodward book reveals behind-the-scenes conversations of Trump and Harris
The economy might be a major election issue, but what about the wars in Ukraine and the Middle East? Legendary journalist Bob Woodward joins "America Decides" to discuss his new book, "War," and ...Top stories - CBS News - November 4 -
Billy Bob Thornton on starring in new drama, "Landman" from "Yellowstone" creator
Oscar-winning actor Billy Bob Thornton joins "CBS Mornings" to discuss his new role in "Landman," the latest Paramount Plus series from Yellowstone creator Taylor Sheridan. Thornton stars as Tommy ...Top stories - CBS News - November 14 -
Billy Bob Thornton takes on oil industry in new series, "Landman"
Billy Bob Thornton stars in "Landman," a series crafted specifically for him by Taylor Sheridan.Top stories - CBS News - November 14 -
US adds just 12,000 jobs as storms and strikes hit labour market
October figure far below average forecast of 100,000 job gains and comes just four days before US electionBusiness - Financial Times - November 1 -
How first responders in Lebanon deal with ongoing strikes
Israeli airstrikes continue to pummel Lebanon as the conflict in the Middle East escalates. Debora Patta takes a look at how first responders are handling the crisis and saving the wounded.Top stories - CBS News - October 22 -
Strike continues after Boeing workers reject deal
About 33,000 Boeing machinists remain on strike after they voted to reject a deal their union leadership had reached with the aircraft manufacturing giant. Kris Van Cleave takes a look at why they ...Top stories - CBS News - October 24 -
Verizon-Frontier deal goes to the wire as investors demand higher price
Telecoms group offered rich premium in $20bn deal but some shareholders may hold out for moreBusiness - Financial Times - November 8