Elliott Investment Management, an activist investor, has built a nearly $2 billion stake in Southwest Airlines, and is set to advocate for changes to enhance the airline's underperforming shares.
Biogen Inc. (NASDAQ: BIIB) shares saw a notable uptick Monday afternoon, trading higher after the company revealed a new partnership with Delta Flight Products (DFP) to enhance air travel accessibility for passengers with reduced mobility.
American Airlines, United Airlines, and Delta Air Lines shares are all declining following American Airlines' lowered earnings forecast and strategy shift announcement, with American Airlines experiencing the steepest drop.
Plug Power, Airbus, and Delta Air Lines are collaborating to explore the feasibility of a hydrogen-based hub at Hartsfield-Jackson Atlanta International Airport, aiming to integrate hydrogen as a sustainable fuel for aircraft operations.
The week was a whirlwind of political and corporate news. From Chuck Schumer calling on the FTC to reconsider a major oil merger, to Donald Trump's niece sharing her thoughts on her uncle's legal woes, the news cycle was anything but dull. Let's dive into the top stories.