Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.
Investors
Trading on Terror? Israel Investigates Claims Some Traders Knew Hamas' Attack Plan and Profited off It
Authorities in Israel are currently investigating unusual trading activities that occurred just days before the October 7 Hamas attack.
Apple's Market Cap Climbs Back Above $3 Trillion for the First Time Since August
Apple's market capitalization has again reached the $3 trillion milestone after its shares experienced a 2% climb to $193.42 per share on Tuesday.
Elon Musk's AI Startup X.AI Seeks to Raise $1 Billion From Equity Investors
Elon Musk's artificial intelligence startup X.AI reportedly seeks to raise up to $1 billion in funding from equity investors.
Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS
Swiss bank Banque Pictet has acknowledged its involvement in a conspiracy with US taxpayers to conceal over $5.6 billion from the Internal Revenue Service (IRS).
Latest News
JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.
General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.
Dallas Mavericks owner Mark Cuban is now in talks to sell a majority stake in the NBA franchise to the family behind the Las Vegas Sands casino company.
Investing icon Charlie Munger, who served as vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, has passed away at the age of 99.
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
President Joe Biden has criticized corporations for maintaining high consumer prices despite a slowdown in the rate of inflation.
Metro Bank shareholders are facing a pivotal decision as they vote on a rescue deal crucial to the bank's future.
Wall Street analysts have identified five promising stocks for sustained growth. These stocks include Domino's Pizza and Intel, among others.
Goldman Sachs has identified two healthcare stocks with the potential for substantial gains, reaching up to 130%.
