Leadership challenges and workforce reductions at Southwest Since the middle of 2024, Southwest Airlines has found itself embroiled in a contentious proxy confrontation, with Elliott Investment Management pushing hard for changes in leadership. Even though Elliott has advocated for the ousting of CEO Bob Jordan, he has succeeded in holding onto his role.

Initial mineral resource assessment for the Ono gold project LCL Resources (ASX: LCL) has announced its initial mineral resource assessment (MRA) for a major target within the Ono gold project located in Papua New Guinea. This achievement highlights the project’s substantial gold prospects and serves as an essential milestone in the company’s exploration approach.

Harmoney’s growth and financial results Harmoney Corp (ASX: HMY) has reported robust financial results for the first half of FY25, registering a cash net profit after tax of .3 million. This represents a remarkable recovery, with profit rising over 350% compared to the corresponding period last year.

DeSoto Resources ventures into Guinea with gold acquisition DeSoto Resources (ASX: DES) has announced its intentions to establish a presence in Guinea through the purchase of a premier gold portfolio. The company has signed a binding agreement to take over Angex Australia, a private firm that oversees 14 gold projects in the West African country.

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Frontier Airlines reveals new summer routes Frontier Airlines is broadening its U.S. network with a range of new routes designed to tap into the peak summer travel surge. The Denver-based low-cost airline is bringing back flights to Boise, Idaho, and Spokane, Washington—two locations that had previously been removed from its itinerary.

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merger specifics and financial repercussions Tasmania’s largest financial institution, MyState, has successfully finalized its merger with Auswide Bank, a bank situated in Queensland. This transaction, valued at 5 million, signifies a major consolidation in the regional banking industry, resulting in a more robust entity with greater market presence.