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BILLIONAIRE ACTIVIST SHAREHOLDER
Jeff Bezos, world's 4th richest man, couldn't stop talking about a nurse in Queens earning $75,000. Here's whyAmazon founder Jeff Bezos, also the world's fourth richest man, argued that low-income earners in the US should pay no taxes, citing a nurs...
SpaceX IPO gives Elon Musk sweeping power, curbs shareholder rightsSpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareho...
One of Iran's most powerful families founded its largest crypto exchange. It's used by the IRGC to move millionsIran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...
US Stocks: Unilever, McCormick strike deal to create $65 billion food giant; shares fallUnilever will merge its food business with spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the se...
Activist Elliott takes multibillion-dollar stake in Synopsys, source saysSunnyvale, California-based Synopsys, valued at over $80 billion, has for decades been one of the main suppliers of software used in determ...
US Stocks: Unilever shares fall on investor concerns about food business spin-offUnilever shares dropped as investors worried about a potential food business split. This comes soon after the company separated its ice cre...
Tesla in turmoil? Elon Musk admits he could be ousted, slams claims of loan ties to stockTesla ownership Elon Musk latest news: Elon Musk is reportedly worried about losing control of Tesla to activist shareholders, despite owni...
Battle for Disney's future heats up, company sets meeting dateDisney set the shareholder meeting for April 3 when investors will get a say in who guides the entertainment and media giant's future. It r...
Unilever names Dutch dairy boss Hein Schumacher as new CEOSchumacher, 51, joined Unilever in October last year as non-executive director and is currently the chief of Dutch dairy business Friesland...
Elon Musk tweets proxy voting firms have 'far too much power'Musk's comments add to a long-running debate over whether such advisers have too much sway over corporate decision-making.
Bernard Arnault, French billionaire & chief executive of LVMH, bids farewell to Carrefour after 14 yearsArnault, who built up LVMH through acquisitions, has been unravelling some of his less successful side investments.
Buffett, Munger scoff at ESG vigilantes; say Berkshire is okay owning oil stocksWarren Buffett said he was not uncomfortable holding stocks in the oil business after a shareholder asked about Berkshire Hathaway’s invest...
Activist giant Elliott sets sights on troubled FortisElliott has started buying shares and is said to be working with Alvarez & Marsal and others in talking to Fortis creditors, which have con...
EBay, bowing to Carl Icahn’s pressure, will split off PayPalEBay and PayPal will become independent companies in 2015, subject to customary conditions, the San Jose, California-based company said.
- Vedanta Resources may face investor ire over bonuses to top three
Billionaire Anil Agarwal may face problems on July 27 when he addresses shareholders at the annual general meeting of his London-listed min...
- Rethinking Vedanta
Shareholder activism forced Vedanta to call off its restructuring proposal.
- Yahoo selects Biondi, Chapple as new board members
None of the three new directors has led a Web company, but together Biondi and Chapple have high-profile content and tech chops. Pick the r...
- AOL, Microsoft executives discuss possible Yahoo! breakup
Executives of Internet services firm AOL and software giant Microsoft held formal talks to discuss the possible 40-billion dollar breakup o...
- Icahn lambastes corporate culture, CEOs
Billionaire financier Carl Icahn said he no longer has to watch 'Saturday Night Live' if he wants a good laugh - he just has to go to a com...
- Yahoo says Icahn misunderstands facts of Microsoft takeover try
Yahoo fired back at corporate raider Carl Icahn, saying he lacks understanding of the Microsoft takeover try and should not follow through ...