Hear from Felix Scott and Kate Phillips about the enigmatic Patrick Nash's journey. "To rock bottom, hmm?" Patrick Nash has been known to find himself in a pickle or two, and this season is no ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should streamline its operations. Elliott Investment Management disclosed a more than ...

Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell or spin off its midstream business, according to a person ...

In a letter to Phillips 66's board, Elliott said that it believes the company could get more than $40 billion for its midstream business, or transporting and storing crude and refined products.

NEW YORK (AP) — Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off ...

Read on to learn how externalities affect equilibrium and market failure. Externalities, which can be both positive or negative, can affect an individual or single entity, or they can affect ...

Feb. 11, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 (NYSE: PSX) (the ...