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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 officers apprehend human smugglers, rescue unaccompanied children | Texas

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www.thecentersquare.com – By Bethany Blankley | The Center Square contributor – 2024-11-14 09:56:00

SUMMARY: Texas DPS troopers are actively apprehending human smugglers and rescuing unaccompanied minors along the border through Operation Lone Star. Recent arrests included a smuggler leading a vehicle chase, multiple apprehensions of Mexican nationals, and discovery of individuals hiding in vehicle gas tanks. Notably, a TikTok video helped locate a coyote guiding migrants. Troopers stopped a group of 114 illegal crossers, including 13 minors, while efforts have led to over 900 rescues of unaccompanied children since Biden took office. The operation has resulted in over 525,800 illegal border crossers apprehended and a significant decrease in illegal crossings by 51%.

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News from the South - Texas News Feed

How can Houston residents make more money from the money they’ve got?

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www.youtube.com – KPRC 2 Click2Houston – 2024-11-14 06:44:15

SUMMARY: This morning’s discussion focused on maximizing earnings from existing money by transferring funds from traditional bank savings accounts—often offering minimal interest—to high-yield online savings accounts. Debbie and George, U.S. Army veterans, learned from their son about the potential to earn significantly more with online banks like Synchrony, which offers around 4.5% interest compared to traditional banks’ negligible rates. Financial expert Ted Rossman highlighted that top online savings accounts currently offer rates up to 5%. For example, a $110,000 deposit could yield $500 in a year at 5%, versus just $1 with 0.01% from traditional banks.

KPRC 2’s Bill Spencer is looking into why you might consider moving your money to a bank that will give you back money from interest.

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News from the South - Texas News Feed

Murder arrest warrant provides more clues into whereabouts of Brad Simpson

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www.youtube.com – KSAT 12 – 2024-11-13 18:39:20

SUMMARY: The search for Suzanne Simpson continues as new details emerge about her husband, Brad Simpson, following an unsealed murder arrest warrant. Investigators detailed an argument between the couple on October 6, leading to Suzanne’s alarming call to her mother about Brad hurting her. Evidence includes a neighbor witnessing a physical altercation and hearing screams. Brad’s phone activity raises suspicions, as he disabled Suzanne’s phone and turned off his own at critical times. Surveillance footage shows him buying unusual items and disposing of trash bags. Brad was arrested on October 9 and faces serious charges, although he maintains innocence.

The warrant that led to the arrest of Brad Simpson provides key points investigators used to arrest and charge Brad Simpson in connection with the murder of his missing wife.

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