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DANIEL LOEB
Elon Musk has been indirectly criticizing Donald Trump’s tariffs, here’s what he shared in a new videoEconomic experts have continuously cautioned that Trump’s tariffs will likely lead to increased costs for American consumers and a prolonge...- Billionaire investor Daniel Loeb bets on a Trump victory, says Republicans will be good for financial marketsA billionaire investor has suddenly surprised everyone by claiming that Donald Trump and the Republican Party have a high chance of emergin...
- Adam Neumann submits bid to buy back WeWork: reportNeumann raised WeWork to be the most valuable U.S. startup, worth $47 billion, before his pursuit of expansion at the expense of profit and...
- Cybersecurity firm SentinelOne explores saleThe Mountain View, California-based company became a takeover target after its shares lost 80% of their value in the last two years.
- Third Point discloses stake of nearly $1 bln in Disney, pushes for changesDisney initially kept quiet about the measure, which limits classroom discussion of gender identity and sexual orientation, prompting criti...
- Some big investors loaded up on Peloton as stock tumbledTiger Global Management, already a Peloton investor, bought another 3 million shares, increasing its investment by 41% and Baillie Gifford,...
- Warren Buffett's Berkshire bought Activision shares before Microsoft takeoverBerkshire said that as of December 31, it owned 14.7 million shares worth about $975 million of the "Call of Duty" maker. Microsoft announc...
- Warren Buffett's Berkshire bought Activision shares before Microsoft takeoverInvestors monitor Berkshire's investments closely to see where Buffett and his investment managers Todd Combs and Ted Weschler see value.
- Top hedge funds earn record $65.4 bn for clients in 2021: ReportThe best performers in 2021 topped the $63.5 billion they made in 2020 and 2019's $59.3 billion, despite the Delta and Omicron coronavirus ...
- Pixar's 'Soul', one of autumn's last big movies, will bypass theatres and drop on Disney+The film will release on the platform on Christmas.
- Dow Jones gains on Boeing, recovery hopesThe Dow Jones Industrial Average was up 251.67 points, or 0.98 per cent, at 25,994.32.
- Reuters Sports News SummarySPORTS:Reuters Sports News Summary
- Reuters Sports News SummarySPORTS:Reuters Sports News Summary
- Popeye nets an eye-popping $28 millionBillionaire Steve Wynn bid for a sculpture of the cartoon figure by artist Jeff Koons at a Sotheby’s exhibition in New York
- Sony headed for an internal split into TV and PC business?Sony’s latest earnings disappointment held a silver lining: company’s willingness to entertain some of activist investor Daniel Loeb’s sugg...
- Sony cuts 5,000 jobs, exits PC business and tips $1 bn lossSony said the job cuts would save about $1.0 bn a year as it announced the sale of its Vaio-brand PC division to a Japanese investment fund.
- Gold futures hit biggest annual slump in 30 years on QE taper talk, strong equitiesGold premium has dwindled considerably with economic uptrend. Prices could drop to $1,125 before Mar as there are no reasons to buy gold, e...
- BlackRock buys Turkey shares after turmoil spooks marketsBlackRock said it’s seizing an opportunity to buy Turkish stocks after political turmoil rattled other investors and drove down prices.
- Gold dips below $1,200 as Fed trims stimulusGold dropped below $1,200 an ounce to a five-month low as the Federal Reserve trimmed economic stimulus, reducing demand for haven assets.
- Japan Inc faces the challenge of modernizing economy with a corporate sector anchored in pastSony’s curt dismissal of a foreigner’s advice last week didn’t shock Michael Woodford, the former chief executive officer of Olympus Corp.
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