Exclusive: Starboard Files Proposal at News Corp (NASDAQ: NWS), Seeks to Break Murdoch’s Grip
NEW YORK - Hedge fund Starboard Value has filed a shareholder resolution to do away with the dual-class shares that...
US Markets
GameStop (NYSE: GME) Options Trade Nets $550K Profit After Roaring Kitty Post
NEW YORK - A well-timed trade in GameStop's (NYSE: GME) options reaped a handsome profit on Friday after an account...
Economic Jitters Resurface on Wall Street Following Jobs Data
NEW YORK - Uncertainty over the U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that...
Wall Street Ends Week in Red as Jobs Report Adds to Fed Uncertainty
NEW YORK - U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market...
Featured
News
American Airlines Ex-Mechanic Sentenced to Nine Years in Prison for Drug Smuggling
NEW YORK - On Friday, a former American Airlines (NASDAQ: AAL) aircraft mechanic was sentenced to nine years in prison...
NHTSA Closes Probe Into General Motors (NYSE: GM) Recall of 1.3 Million Cars Over Seat Belt Issues
WASHINGTON - On Wednesday, the National Highway Traffic Safety Administration said it has closed an engineering analysis into General Motors...
Disney, DirecTV Battle to Reshape TV Bundling
What began as routine haggling over the rates satellite TV provider DirecTV would pay to distribute Walt Disney's (NYSE: DIS)...
Technology
Google Search Monopoly US Case Remedies to Come by December
The U.S. Department of Justice plans to issue an outline by December on what Alphabet's (NASDAQ: GOOG) Google must do
Google Abusing Power Over Website Ads, UK Regulator Says
LONDON - On Friday, Britain's antitrust regulator said it had provisionally found Alphabet's Google had abused its dominant position in
Dutch Government Regains Export Control Over Two ASML Tools from US
AMSTERDAM - On Friday, the Dutch government said it would expand export licensing requirements for some ASML (NASDAQ: ASML) tools,
Business
Exclusive: Starboard Files Proposal at News Corp (NASDAQ: NWS), Seeks to Break Murdoch’s Grip
NEW YORK - Hedge fund Starboard Value has filed a shareholder resolution to do away with the dual-class shares that...
ISS Advises Squarespace (NYSE: SQSP) Investors to Vote Against the Proposed Permira Transaction
NEW YORK - On Friday, Institutional Shareholder Services, the proxy advisory firm, recommended Squarespace (NYSE: SQSP) investors vote against a...
Lawmakers Probe If US Retailers Bought Chinese Auto Parts That Evaded Tariffs
WASHINGTON - A bipartisan group of lawmakers asked the CEOs of six major auto parts retailers if they bought products...
Press Release
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