Activist

(Bloomberg) - Elliott Investment Management has built a large stake in BP PLC, according to the people familiar with the matter, as the British are struggling with the confidence of investors and reverse years of performance. Most of…

Walmart, the world's largest retailer, announced it will no longer consider race and gender policies when awarding supplier contracts after facing pressure from conservative activist Robbie Starbuck. The company is backing away…

Technology companies are ceaselessly promoting new AI products, but climate activist Sage Lennier says AI is useless, unsustainable and poses an existential problem for the industry. “Artificial intelligence is of no benefit to society,”…

Elliott Investment Management and Southwest Airlines Co. in discussing a potential settlement that would avoid a proxy battle for control of the airline's board, according to people familiar with the matter. Elliott proposed a framework…

The proxy battle between activist Starboard Value and pharmaceutical giant Pfizer has already taken a hostile turn. Anonymous sources have disparagingly suggested that Pfizer CEO Dr. Albert Bourla should be removed. After news reports…

(Reuters) - Activist investor Starboard Value has taken a stake worth about $1 billion Pfizer (NYSE:) wants the US pharmaceutical giant to make changes to turn around its performance, sources familiar with the matter said on…

Joe Hendrickson/iStock Editorial via Getty Images Portillo's Hot Dog Restaurant ChainNASDAQ:PTLO) Up 3% After a report that activist firm Engaged Capital has raised a stake of around 10% and is pushing for changes. The activist is…

Kevin Deitch/Getty Images News Update 9:05 PM: Elliott's confirmation adds. Activist firm Elliott Investment Management is preparing to launch a proxy battle in Southwest Airlines (NYSE: LUV). The prominent activist fund plans to…

(Reuters) - Activist investor Starboard has a stake of more than 6.5% in Tinder owner Match and is pushing for a potential sale if the turnaround attempts fail, the Wall Street Journal reported on Monday, citing people familiar with the…

Today marked the first public hearing of the court at the US Department of Justice. Case Against Samurai Wallet Developers William Lonergan Hill and Keyon Rodriguez since May 28, 2024, when Rodriguez appeared in court for the first hearing…