Salesforce-Elliott Management tensions heat up with looming board nominations – Yahoo Finance

Activist investor Elliott Management, which recently took a multi-billion dollar position in Salesforce (CRM), is looking for a major overhaul of the company's board, a person familiar with the matter tells Yahoo Finance.The source said that Elliott may put forth numerous candidates to join the Salesforce board ahead of the nominating window opening on Feb. … Read more

What hitting the debt ceiling might mean for people in the Pacific Northwest – Oregon Public Broadcasting

FILE – The Treasury Department is seen near sunset in Washington, Jan. 18, 2023. The national debt is at the core of a dispute about how to raise the government's legal borrowing authority, which could come to a head this summer if the government runs out of accounting maneuvers to keep paying its bills.Jon Elswick … Read more

Southwest Airlines lost $800 million due to holiday travel meltdown – Yahoo Finance

Southwest Airlines (LUV) reported a loss for the fourth quarter, as the company took an $800 million pretax hit to earnings due to the computer system failure that led to the airline’s holiday travel meltdown.For the quarter, Southwest reported:Revenue: $6.17 billion vs $6.12 billion (est.)Adjusted earnings per share (EPS) loss: $0.38 vs. $0.07 (est.)"Due to … Read more