Activist investor Elliott Management has acquired a significant stake in BP and is advocating for substantial spending cuts to increase the company's cash flow.

The Charlotte, North Carolina-based company reported adjusted earnings per share of $2.51 for the first quarter, above the $2 ...

Honeywell lifts 2025 profit forecast despite ... sources say Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the ...