Videos
Activist investor buys $1.9 billion stake in Dallas-based Southwest Airlines
SUMMARY: An activist investor group, including Elliot Investment Management, has acquired a nearly $2 billion stake in Dallas-based Southwest Airlines, urging significant leadership changes. The investors believe poor management has hampered Southwest's post-pandemic profitability and are calling for the replacement of CEO Bob Jordan and Executive Chairman Gary Kelly. Elliot criticized the airline's outdated operations, citing the December 2022 cancellation crisis as a failure example. Although Southwest reported a $231 million loss in Q1, the airline expressed confidence in its leadership but remains open to investor dialogues. Despite these developments, no immediate impact on the summer travel season is expected.
On Monday, Elliott Investment Management bought an 11% stake in the company for $1.9 billion. In a letter to the company board, Elliott called on the airline to make leadership changes and replace CEO Bob Jordan and executive chairman Gary Kelly.
Subscribe to FOX 4: https://www.youtube.com/fox4news?sub_confirmation=1
Dallas news, weather, sports and traffic from KDFW FOX 4, serving Dallas-Fort Worth, North Texas and the state of Texas.
Download the FOX LOCAL app: fox4news.com/foxlocal
Watch FOX 4 Live: https://www.fox4news.com/live
Download the FOX 4 News App: https://www.fox4news.com/apps
Download the FOX 4 WAPP: https://www.fox4news.com/apps
Follow FOX 4 on Facebook: https://www.facebook.com/Fox4DFW/
Follow FOX 4 on Twitter: https://twitter.com/FOX4
Follow FOX 4 on Instagram: https://www.instagram.com/fox4news/
Subscribe to the FOX 4 newsletter: https://www.fox4news.com/newsletters
SUMMARY: Certainly! Please provide the content you would like summarized.
A look at a fireworks show and July 4th celebration at Auditorium Shores in Austin, Texas.
FOX7Austin brings you breaking news, weather, and local stories out of Central #Texas as well as fun segments from Good Day Austin, the best from our video vault archives, and exclusive shows like the Good Day Austin Round-Up and CrimeWatch.
SUMMARY: Currently, we’re monitoring Tropical Storm Barrel in the Gulf. The latest update at 1:00 PM shows it remains a tropical system, but it’s projected to intensify into a Category 1 hurricane near the Texas coast, particularly around Corpus Christi and Victoria. A storm surge of 3 to 5 feet is expected along the coast, and a hurricane watch is in effect with potential winds of 75 to 120 mph. Heavy rainfall, flash floods, and thunderstorms are anticipated from Sunday into Monday with variable rain amounts across regions. We’ll continue to provide updates with the next one at 4:00 PM, and potential weather changes are expected next week.
Stay informed with the latest updates on Tropical Storm Beryl as Meteorologist Brittany Begley provides crucial information and forecasts. Learn how the storm is progressing and what to expect in the coming days.
SUMMARY: Good morning from North Padre Island in Corpus Christi, Texas, where families are extending their July 4th celebrations on the beach despite Hurricane Barrel churning in the Gulf. Although Corpus Christi remains in the cone of concern as of 10:00 AM, the storm’s track is shifting eastward, closer to Houston, making locals here a bit happier. The sunny weather sees people grilling and enjoying their time. There is still uncertainty regarding Barrel’s intensity and exact path, but updates will continue as the situation develops, potentially moving focus to the Matagorda Bay Area. Stay tuned for live updates.
KPRC 2’s Gage Goulding is live in Corpus Christi, Texas, as the community braces for Tropical Storm Beryl.
Hamas Clears the Way for a Possible Cease-fire in Gaza After Dropping Key Demand, Officials Say
‘No dog pee’ signs are everywhere. Can they be enforced?
North Galveston jetty crash: 3 hospitalized, 2 missing, family fears Beryl’s impact on Coast Guard search
July 4th celebration and fireworks show in Austin 7/24 | FOX 7 Austin
Tracking the tropics: Latest on Tropical Storm Beryl
Flies in Texas: Are there more right now and why?
Suspect arrested after 10-year-old boy was hit and killed riding bike in northwest Harris County on July 4th, authorities say
Preparing for Beryl: Live from Corpus Christi with KPRC 2’s Gage Goulding
Storm preparation: Beryl expected to strengthen to hurricane as Texas braces for impact
Memorial Villages police manhunt: Potentially armed suspect wanted after fleeing traffic stop on River Bend Drive
I-10 westbound from Beaumont to Houston reopens day after large crack prompted closure at Washington Boulevard
Body found below North State Highway 3 bridge, family used Find My Friends app to find him, League City PD says
CHAD MAULDIN on Being A Talent Cultivator
Train collides with car carrying grandfather, 2 grandchildren on County 236 in Brazoria County, police say
U.S. Supreme Court declines to rule whether social media feeds are free speech | National
Tomball’s Asher Hong representing USA Men’s Gymnastics Team in 2024 Olympic Games
Talkin’ Texas | Texans at the Olympics, Fresh Water Sharks, and Bats!
Man recalls moment he was hit by Galveston PD officer in pool party brawl video
Hurricane Beryl forecast to become a Category 4 storm – NBC 5 Dallas-Fort Worth
Pain Doesn’t Belong on a Scale of Zero to 10
July 4th celebration and fireworks show in Austin 7/24 | FOX 7 Austin
Tracking the tropics: Latest on Tropical Storm Beryl
Preparing for Beryl: Live from Corpus Christi with KPRC 2’s Gage Goulding
Tropical Storm Beryl: Latest projected path, possible impact to Texas
Hays County district clerk resigns | FOX 7 Austin
KPRC 2′s Gage Goulding is LIVE in Corpus Christi, Texas as the community prepares for Beryl
North Texas woman attacked by shark in South Padre: ‘I thought it was a big fish’
Austin police investigating after body was found near Rainey Street | FOX 7 Austin
Anthony Yanez concerned as Hurricane Beryl keeps moving right
‘It’s a huge risk to the public’: Sinkhole grows near church in Livingston
-
Texas News4 days agoI-10 westbound from Beaumont to Houston reopens day after large crack prompted closure at Washington Boulevard
-
Texas News6 days ago
Body found below North State Highway 3 bridge, family used Find My Friends app to find him, League City PD says
-
Podcasts5 days ago
CHAD MAULDIN on Being A Talent Cultivator
-
Texas News6 days ago
Train collides with car carrying grandfather, 2 grandchildren on County 236 in Brazoria County, police say
-
The Center Square5 days ago
U.S. Supreme Court declines to rule whether social media feeds are free speech | National
-
Videos7 days ago
Tomball’s Asher Hong representing USA Men’s Gymnastics Team in 2024 Olympic Games
-
Podcasts5 days ago
Talkin’ Texas | Texans at the Olympics, Fresh Water Sharks, and Bats!
-
Local News4 days ago
Man recalls moment he was hit by Galveston PD officer in pool party brawl video
