Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday that the shareholder rights plan is effective immediately and expires in a year. Southwest shareholders would need to give prior approval for an extension. Shareholder rights plans, or “poison pills,” allow […]
Tag: Southwest
Southwest Air adopts ‘poison pill’ as activist investor Elliott takes significant stake in company
Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday that the shareholder rights plan is effective immediately and expires in a year. Southwest shareholders would need to give prior approval for an extension. Shareholder rights plans, or “poison pills,” allow […]
Officer dies at hospital after turning gun on himself in southwest Charlotte: CMPD
Officer dies at hospital after turning gun on himself in southwest Charlotte: CMPD CHARLOTTE, N.C. (QUEEN CITY NEWS) — An officer has died in the hospital from a self-inflicted gunshot wound Monday afternoon, according to Charlotte-Mecklenburg Police. “Preliminary information indicates one CMPD officer suffered from a self-inflicted gunshot wound, was transported to a local hospital, […]
S.W.A.T. teams called, snipers deployed during southwest Bakersfield standoff
BAKERSFIELD, Calif. (KGET) — Sheriff’s deputies, Bakersfield police officers and the S.W.A.T. team were apart of an hours long standoff in southwest Bakersfield Saturday afternoon. On June 29, a heavy law enforcement presence was seen outside a home in the 3800 block of Phaffle Drive. Around 3:30 p.m., law enforcement arrived on scene and a […]
Police investigating shooting at southwest Atlanta apartment complex that left man dead
Early Saturday morning, police swarmed a neighborhood in southwest Atlanta, investigating a deadly shooting. Police at the scene told Channel 2′s Bryan Mims that the shooting left a 31-year-old man dead at an apartment complex on Peyton Place. Atlanta Police Department Lt. Andrew Smith said the shots came from outside of the apartment, shot from […]
A Southwest flight appeared to take off from a closed runway that had a vehicle on it without being cleared by air traffic control
A Southwest Airlines flight took off from a closed runway despite air traffic control warnings. The pilots didn’t communicate with the tower or other planes, an ATC recording suggests. The NTSB is investigating the latest incident involving a Southwest plane. A Southwest Airlines flight appeared to take off from a closed runway that had a […]
NTSB, FAA to investigate Southwest flight that departed from closed runway in Maine
By David Shepardson (Reuters) -The National Transportation Safety Board and Federal Aviation Administration said on Friday it will investigate a Southwest Airlines flight that departed from a temporarily closed runway in Maine earlier this week. The FAA said on Tuesday an airport vehicle exited the runway before Southwest Flight 4805, a Boeing 737, began its […]
Southwest Airlines’ pricing woes dampen forecast despite solid travel demand
By Shivansh Tiwary (Reuters) -Southwest Airlines flagged ongoing struggles with pricing in its second quarter on Wednesday, despite expectations for record summer travel demand in the United States. The low-cost carrier lowered its expectations for revenue per available seat miles (RASM) – a key proxy for pricing power – even though it expects record revenue […]
Southwest monsoon season shows signs of life after sluggish start
A ridge of high pressure over the southeastern U.S. will result in an increase in monsoonal moisture for the Desert Southwest, which has been scarce across the region as of late. Forecast models indicate widespread rainfall of 1-2 inches over the next two weeks, with isolated communities potentially receiving significantly more. The moisture is expected […]
State kills over 80 bears in Southwest Alaska in second-year effort to boost caribou
Jun. 23—State wildlife officials have now killed a total of 180 brown bears on Southwest Alaska caribou calving grounds in just over a year as part of a contested strategy to restore the renowned Mulchatna herd. Shooting from a helicopter between May 10 and June 5, Alaska Department of Fish and Game employees killed 81 […]
Oklahoma man charged in southwest Missouri murder
NOEL, Mo. — One person is dead and another is in custody after a stabbing in Noel. McDonald County deputies responded to a call about a stabbing around 12:30 a.m. Saturday in the Minnow Springs area. Garrett Sumter, 32, of Bartlesville, Oklahoma, is being held on charges of second-degree murder and armed criminal action. Garrett […]
Motorcycle crash in Southwest Missouri claims life
KSNF/KODE — One person is dead following a motorcycle crash in Southwest Missouri. According to the Missouri State Highway Patrol it happened Friday morning at 6:50 on US 65, mile marker 24 in Saddlebrooke. This embedded content is not available in your region. MSHP says the crash occurred as a motorcycle traveled off the roadway, […]