Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:19
GM to Hike Dividend, Buy Back $10 Billion of Slumping Stock
General Motors Co. will boost its dividend by 33% and repurchase $10 billion of shares — its biggest-ever
2023-11-29 20:59
Hong Kong Billionaire Cheng Family’s Succession Under Spotlight
For years, Adrian Cheng had all the trappings of a third-generation scion preparing to lead one of Hong
2023-11-29 12:20
UC Berkeley, Law School Sued Over ‘Unchecked’ Antisemitism
Two Jewish groups sued the University of California at Berkeley and its law school over the “longstanding, unchecked
2023-11-29 05:22
Ex-Nuveen Trader Pleads Guilty to $47 Million Insider Scheme
A former Nuveen LLC trader pleaded guilty to tipping off an Oregon retiree about the asset management firm’s
2023-11-29 04:45
James Taylor Will Hold Concert for Biden in Fundraising Push
Six-time Grammy Award winner James Taylor is hosting a concert for President Joe Biden on Dec. 5 in
2023-11-29 03:17
Italy Set to Back Vestager for EIB If Franco Doesn’t Win
Italy is set to back Margrethe Vestager of Denmark for president of the European Investment Bank if its
2023-11-28 04:00
Huawei Smart-Car Deal Sparks Gains In China Automaker, Suppliers
Huawei Technologies Co.’s latest automobile-related foray once again drove big share-price moves, showing the technology giant continues to
2023-11-27 14:16
Green Stock Selloff Deepens as Tesla Sentiment Sours
The selloff that’s ripped through green stocks looks set to continue into 2024, bringing a fourth consecutive year
2023-11-27 09:25
Jordan Explores Alternatives to Israeli Gas Amid Supply Concerns
Jordan is exploring alternatives to natural gas supplies from Israel amid concerns of a possible interruption, state-run Al
2023-11-27 05:24
Salt in Batteries: Shift May Herald Another Shakeup
Battery giants are starting to put their money on new sodium-based technology, a sign that there could be
2023-11-26 16:48
Guy Hands’s Former Care Home Business to Pay Dividend
The breakup of Four Seasons Health Care, one of Britain’s biggest care home operators, has accelerated with the
2023-11-25 21:50