Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the industrial conglomerate to split into two separate companies.

Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a monthslong fight with the hedge fund.

Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to stick with CEO Robert Jordan.

A hedge fund that's been urging Southwest Airlines to dump its CEO and chairman says it has acquired enough of the company's stock to call a special meeting of shareholders.

Hedge fund Elliott Management is escalating its fight against the management of Southwest Airlines.

The CEO of Southwest Airlines says he is not resigning in the face of pressure from a hedge fund that wants him fired.

Activist shareholder Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines and wants to get rid of the CEO.

Dr. Dre, Missy Elliott and Lil Wayne were honored at the Recording Academy's second annual Black Music Collective event during an official pre-Grammy event.