Southwest’s Executive Chairman Gary Kelly to Step Down Amid Pressure From Activist Investor Elliott
Southwest Airlines’ executive chairman Gary Kelly announced on Tuesday that he will step down from his position and “voluntarily retire.” The airliner also revealed...
BofA’s CEO Doesn’t Know Why Warren Buffet is Reducing His Stake
Warren Buffet’s multinational conglomerate Berkshire Hathaway recently continued to reduce its stake in Bank of America, selling $760 million worth of shares in early...
JPMorgan Chase Stock Slumps as President Warns of “Bit Too High” Net Interest Income Expectations
The shares of banking giant JPMorgan Chase slumped on Tuesday after its President and COO Daniel Pinto gave a grim prediction for expected net...