Warner Bros. again rejected Paramount’s latest takeover bid and told shareholders Wednesday to stick with a rival offer from Netflix.Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures —…
Read more Warner Bros rejects takeover offer from Paramount, tells shareholders to stick with Netflix bidDayforce, Scholar Rock, and More Stocks See Action From Activist Investors Source link
Read more Dayforce, Scholar Rock, and More Stocks See Action From Activist InvestorsActive listening. Shared responsibilities. Pre-planned forgiveness. If the tenets of AlixPartners’ co-CEO relationship sound a lot like those of a married couple who have gone through a lot…
Read more These co-CEOs swear by splitting the job: ‘The demands on a modern CEO are close to unsustainable’ | FortuneWhen Nestlé abruptly ousted its chief executive Laurent Freixe over Labor Day weekend after revelations of a romantic relationship with a direct subordinate, one detail stood out: He…
Read more Nestlé fired its scandal-clad CEO without a payout—a ‘really unusual’ move, corporate governance expert saysInvestors are pouring money into initial public offerings like it’s 2021, with this season alone unleashing several new tickers, including FIG, BLSH, and soon, STUB. For some, the…
Read more IPOs are back. Where are the women?Millennials: You’ll remember walking into Abercrombie & Fitch in the late ‘90s and early 2000s. Loud, thumping music, perfume so strong you could barely think straight, and posters…
Read more Former CEO is finally facing the music for alleged sex trafficking and prostitution ring during his time at AbercrombieWithout OpenAI equity, Sam Altman is already worth $2 billion. Stefano Guidi/Getty Images OpenAI CEO Sam Altman, who has famously claimed he doesn’t own any equity in the…
Read more Sam Altman Could Be Worth $13B as OpenAI Seeks RestructuringRoyal Bank of Canada said it has proof that its former chief financial officer engaged in an intimate relationship with a colleague that she failed to disclose, citing…
Read more Fired CFO’s texts revealed a 10-year affair that led to higher pay and promotions, company saysFaith-based shareholder activism dates back to 1970s Up until the 1990s, the nuns had few investments. That changed as they began to set aside money to care for…
Read more Sister activism: Nuns push for change through stock investments – MoneySenseOpenAI CEO Sam Altman. Drew Angerer/Getty Images OpenAI, the San Francisco-based A.I. powerhouse now valued at $80 billion, operates by a unique structure where it is a nonprofit…
Read more Why Would OpenAI Want to Become a True For-Profit Anyway?Joseph Otting, New York Community Bancorp’s recently installed CEO, described a March 6 capital raise of $1.05 billion as the best decision for investors. “If the capital raise…
Read more NYCB’s new leaders face skeptical shareholders in wake of turmoilNorfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated,…
Read more Norfolk Southern shareholders elect 3 directors nominated by activist, while CEO keeps jobRegulators took over Republic First on Friday with Fulton Bank acquiring substantially all of the bank’s assets and deposits. The sale will result in a $667 million loss…
Read more Republic First fails; Fulton Bank acquires assets, branchesJamie Dimon is chairman and CEO at JPMorgan Chase, while David Solomon holds those same two roles at Goldman Sachs, as does Brian Moynihan at Bank of America.…
Read more This bank governance reform idea failed before. Will now be different?A former Twitter manager is suing Elon Musk and his social media company X in a New Jersey court, alleging the worker was wrongfully fired for trying to…
Read more Ex-Twitter exec claims Elon Musk's cost-cutting zeal gutted a federal agreement—and says he was fired for sounding the alarmOn Jan. 1, 2024, Truist Financial’s 21-member board will shrink to 13 directors as a result of four retirements and four early departures.Scott McIntyre/Bloomberg Truist Financial is sharply…
Read more Truist’s board size reduction could give the CEO more controlShares of GameStop Corp. surged Thursday, after the consumer electronics retailer named Ryan Cohen as it president and chief executive officer, effective immediately. The move, which wasn’t unexpected,…
Read more GameStop’s stock soars after activist investor Ryan Cohen named CEOBanco Santander CEO Hector Grisi wants to simplify the company so it can reach its profitability targets. His overhaul plans will likely reduce management layers and may lead…
Read more Santander revamps corporate structure to simplify operationsShares of GameStop Corp. rose in extended trading Wednesday after the videogame retailer and original meme stock reported second-quarter results that beat expectations, lifted by international sales gains…
Read more GameStop stock jumps after results top estimates, helped by international gains
