Connect with us

News from the South - Texas News Feed

Elliott Investment calls for special meeting for Southwest Airlines

Published

on

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.

YouTube video

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.

Subscribe to FOX 4: https://www.youtube.com/fox4news?sub_confirmation=1

Dallas news, weather, sports and traffic from KDFW FOX 4, serving Dallas-Fort Worth, North Texas and the state of Texas.

Download the FOX LOCAL app: fox4news.com/foxlocal

Watch FOX 4 Live: https://www.fox4news.com/live
Download the FOX 4 News App: https://www.fox4news.com/apps
Download the FOX 4 WAPP: https://www.fox4news.com/apps
Follow FOX 4 on Facebook: https://www.facebook.com/Fox4DFW/
Follow FOX 4 on Twitter: https://twitter.com/FOX4
Follow FOX 4 on Instagram: https://www.instagram.com/fox4news/
Subscribe to the FOX 4 newsletter: https://www.fox4news.com/newsletters

Source

News from the South - Texas News Feed

The rising cost of caring for aging loved ones

Published

on

www.youtube.com – KHOU 11 – 2025-05-01 22:23:53

SUMMARY: The rising cost of caring for aging loved ones is a heavy burden for families. Eddie has cared for his aunt Blossom, who has Alzheimer’s, for seven years, managing daily tasks and ensuring her safety with limited help. According to AARP, 53 million Americans provide such care, spending an average of $7,200 annually out-of-pocket, with the crisis expected to worsen by 2030. Many caregivers leave the workforce, prompting efforts like the Credit for Caring Act, a proposed $5,000 tax credit to ease financial strain. Despite the challenges, caregivers like Eddie find meaning and love in their role, supported by community resources and advocacy.

YouTube video

Families caring for elderly relatives face significant financial and emotional burdens. AARP is pushing for a $5,000 tax credit to help support family caregivers.

Source

Continue Reading

News from the South - Texas News Feed

Flash mob shoplifters targeted Houston lululemon stores 51 times in 6 months

Published

on

www.youtube.com – KPRC 2 Click2Houston – 2025-05-01 22:13:49

SUMMARY: Organized retail theft is escalating in Houston, with Lululemon stores hit 51 times in six months, according to KPRC2 News. Flash mob shoplifters, known as “Lulu Boosters,” brazenly steal merchandise, often selling it on social media. Significant thefts included $21,000 worth of leggings stolen in one hour at Rice Village and City Center stores. Customers and employees express frustration at perceived inadequate security measures. Lululemon acknowledges using on-site security at some locations and is updating precautions. After media inquiries, they hired full-time security at the Heights store. Houston Police report repeat offenders face minimal consequences, fueling the theft surge.

YouTube video

Here in Houston, 2 Investigates learned through police reports that flashmob shoplifters targeted Houston lululemon stores 51 times in the last six months. The thieves often got away with thousands of dollars in merchandise.

Source

Continue Reading

News from the South - Texas News Feed

Deadly Mesquite DWI crash suspect was 'carefree'

Published

on

www.youtube.com – FOX 4 Dallas-Fort Worth – 2025-05-01 21:51:43

SUMMARY: Two men died in a three-vehicle crash on Highway 80 in Mesquite caused by intoxicated driver Kevin Jackson, 46. Driving an Audi SUV at 80-90 mph, Jackson’s reckless driving led to clipping a Toyota RAV4, flipping it into oncoming traffic where it collided with a motorcycle. The Toyota driver, Mark Bryant, 64, and motorcyclist Brian Robinson, 61, died at the scene. Witnesses described Jackson’s driving as erratic and dangerous. Police found him sitting on a median, showing signs of intoxication. Jackson, charged with two counts of intoxication manslaughter, showed a “carefree” attitude despite the tragedy. Bond is $2 million.

YouTube video

The man accused of killing two people in a crash on U.S. Highway 80 in Mesquite earlier this week failed a field sobriety test and …

Source

Continue Reading

Trending