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Elliott Investment calls for special meeting for Southwest Airlines

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www.youtube.com – FOX 4 Dallas-Fort Worth – 2024-10-14 21:41:33


SUMMARY: Elliott Investment Management is calling a special shareholder meeting for December 10 to propose replacing at least eight members of Southwest Airlines’ board of directors. This follows the hedge fund acquiring an 11% stake in the airline, which allows it to request the meeting. Recent changes by Southwest included board member resignations and a new plane design slated for 2026. Economists suggest that while changes are necessary, the effectiveness of Elliott’s proposals and the airline’s future direction will unfold during and after the meeting. Stakeholders should pay attention, as the outcomes could significantly impact employees and passengers alike.

An activist investor group which wants to see major changes at the top at Southwest Airlines has called a special meeting for December. It wants to replace at least eight members of the board of directors with its own candidates.

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News from the South - Texas News Feed

Texas lawmaker makes push to remove death penalty in the state | FOX 7 Austin

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www.youtube.com – FOX 7 Austin – 2024-11-21 21:38:20

SUMMARY: Williamson County Representative John Bucy advocates for abolishing the death penalty in Texas, citing both financial and moral concerns. He has filed a bill to end executions, arguing that it costs more to execute someone than to imprison them. This follows a Texas Supreme Court decision to move forward with Robert Robertson’s execution, despite claims of his innocence based on updated science. Since 1982, Texas has executed nearly 600 people, the most in the U.S. While death sentences have declined in recent years, Bucy believes growing public awareness of wrongful convictions may change attitudes toward the death penalty.

A Central Texas lawmaker is making a push to get the state to abolish the death penalty.

#FOX7Austin brings you the important stuff like breaking news, weather, and local stories out of Central #Texas. But also plenty of fun stuff, like Pet of the Weekend, the best of our archives, and all those ‘only-in-#Austin’ stories.

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Nearly 1,000 Amazon trucks sent to Humble warehouse in dispatching glitch, police say

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www.youtube.com – KHOU 11 – 2024-11-21 22:06:18

SUMMARY: In Humble, Texas, a major traffic issue caused by a surge of 18-wheelers heading to a new Amazon warehouse has been addressed after a technology glitch caused improper dispatching. The glitch led to nearly 1,000 trucks being directed to the area, overwhelming roads not designed for heavy truck traffic. The city halted deliveries and is working with Amazon to resolve the issue. While the road is clearer now, some trucks remain en route, with the last surge expected the next morning. Local officials are committed to preventing further disruptions, but residents feel left in the dark about the solution.

Amazon cart deliveries have been shut down at a warehouse in Humble. There have been changes after the glitch. Read more: https://www.khou.com/article/news/local/amazon-cart-deliveries-humble-stopped-why-18-wheelers/285-8b08fceb-0b2c-4f8a-866b-d9108baae838

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News from the South - Texas News Feed

Cool morning, Warm afternoon, then a Thanksgiving cold front

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www.youtube.com – KSAT 12 – 2024-11-21 22:01:13

SUMMARY: The morning is chilly, with temperatures starting at 43°F but rising to 70°F by noon and reaching a high of 75°F later. This trend of increasing temperatures will continue into the weekend, peaking at 82°F on Sunday, while mornings remain in the low 60s. A cold front is expected around Thanksgiving, potentially impacting temperatures, though currently, South Central Texas will not feel the effects of colder air for a few days. Today, expect a high around 70°F, becoming windy and setting the stage for cooler weather after Thanksgiving.

Jacket in the morning, short sleeves by noon

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