Tag: Financial services
Southwest Airlines under pressure from a big shareholder shakes up its board
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to keep CEO Robert Jordan after a...
Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' management
DALLAS -- Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough...
Lebanon's former central bank governor detained in corruption probe
BEIRUT -- Lebanon's controversial former central bank governor was detained Tuesday after being questioned in several corruption cases, according to three judicial officials....
Asian shares mostly slip as market focus turns from Nvidia to US economy
TOKYO -- Asian shares mostly fell Thursday as market attention turned to upcoming data on the U.S. economy after Nvidia reported its financial...
Warren Buffett's firm sells another $1 billion of Bank of America stock but still holds almost 12%
OMAHA, Neb. -- Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost...
Asian benchmarks mostly decline as markets await Nvidia earnings
TOKYO -- Asian shares were mostly lower Wednesday, despite a record high on Wall Street, as investors awaited a closely watched earnings report...