Southwest Airlines Lays Out Changes and New Offerings
Posted inAirlines and Airplanes Customer Relations Delta Air Lines Inc Elliott Management Corp Hedge Funds Jordan, Robert E (1960- ) Prices (Fares, Fees and Rates) Productivity Shareholder Rights and Activism Singer, Paul E Southwest Airlines Company Stocks and Bonds United Airlines

Southwest Airlines Lays Out Changes and New Offerings

The move came after the hedge fund Elliott Management, which has more than 10 percent of the airline’s shares, called for cost containment and better profits.
Stocks Rally a Day After Fed’s Big Interest Rate Cut
Posted inBanking and Financial Institutions Federal Reserve System Powell, Jerome H Regulation and Deregulation of Industry Russell 2,000 Stock Index Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

Stocks Rally a Day After Fed’s Big Interest Rate Cut

The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing record.