Elliott Management’s reported stake in PayPal could mean eliminating its cryptocurrency offering. PayPal’s crypto offering could be facing its last days if activist hedge fund Elliott Management has its say. The hedge fund recently took a stake Read more…
Big changes at Instagram in response to TikTok’s success, run into fierce resistance from two of the site’s biggest influencers. Mark Zuckerberg and Meta Platforms (META) – Get Meta Platforms Inc. Report have apparently met their Read more…
The group letter also demands that the entertainment industry ceases all donations to anti-abortion groups and candidates. Major media companies are facing renewed pressure to condemn the Supreme Court decision overturning abortion rights. A group Read more…
After a string of generous gestures in February and March, corporate support of Ukraine has largely tapered off. When a war breaks out, there is often a stream of solidarity statements and donations that ultimately Read more…
Southwest wants to entice travelers to choose its airline over its competitors with its new policy. With confusion about whether the U.S. is actually in a recession, or even what a recession actually is, it Read more…
Here’s where to score the best deals on a hugely popular snack. You may not have heard of National Chicken Wing Day until you read this sentence but, to fast-food companies, it has evolved into Read more…
The proposed legislation would require lawmakers and others to divest their portfolios or put their assets in a qualified blind trust. Sarcasm was running high following a report that House Democrats are preparing to introducing Read more…
Google — now Alphabet — scored one of the best acquisitions in Silicon Valley history with its purchase of YouTube for $1.65 billion back in 2006. Successful Silicon Valley companies tend to follow a certain Read more…
Morningstar analysts judge almost two-thirds of the stocks they cover to be undervalued, compared to their fair value estimates. In light of the stock market’s drop this year, Morningstar analysts judge almost two-thirds of the Read more…