A shopper passes in front of a North Face store at the Easton Town Center mall in Columbus, Ohio, on Jan. 7, 2021. Luke Sharrett | Bloomberg | Getty Images Activist investment firm Engaged Capital has taken a stake in […]
Vans, North Face owner VF Corp.'s shares jump after activist investor builds stake Read More »
Activist investment firm Starboard Value is pushing for change at News Corporation, in particular to see its real estate business separated from the rest of the company. Starboard CEO Jeffrey Smith told CNBC’s David Faber on Tuesday that the firm
Starboard CEO makes case for spinning off real estate assets from WSJ owner News Corp. Read More »
Bank of America topped estimates for third-quarter profit on Tuesday on stronger-than-expected interest income. Here’s what the company reported: Earnings per share: 90 cents vs. expected 82 cent estimate from LSEG, formerly known as Refinitiv Revenue: $25.32 billion, vs. expected
Bank of America tops profit estimates on better-than-expected interest income Read More »
David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the
Goldman Sachs is set to report third-quarter earnings — here's what Wall Street expects Read More »
Taylor Swift performs onstage during at Ford Field on June 9, 2023 in Detroit, Michigan. Scott Legato | TAS23 | Getty Taylor Swift and AMC have collected the receipts and results are in: the Eras Tour concert film is the
Taylor Swift Eras Tour film posts second-best October box office opening, behind 'Joker' Read More »
Absolut Vodka and Sprite. Coca-Cola is teaming up with Pernod Ricard to launch a new ready-to-drink and premixed cocktail beginning 2024, the companies announced Monday. The new cocktail will contain a mix of Absolut Vodka and Sprite, the companies said.
An Absolut Vodka and Sprite canned cocktail is coming next year Read More »
Members of the Writers Guild of America (WGA) East hold signs as they walk for the second day on the picket-line outside of Netflix’s New York office on May 03, 2023 in New York City. Spencer Platt | Getty Images
Hollywood's AI issues are far from settled after writers' labor deal with studios Read More »
Bill Ford, executive chairman of Ford Motor Company, speaks at their Rouge Visitor Center in Dearborn, Michigan, October 16, 2023. Jeff Kowalsky | Ford Motor Co. | Handout | via Reuters DEARBORN, Mich. – Ford Motor Executive Chairman Bill Ford
In rare move, Ford chairman calls on UAW to make a deal and end 'acrimonious' talks Read More »
A Rite Aid store stands in Brooklyn on August 28, 2023 in New York City. Spencer Platt | Getty Images Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to
Rite Aid files for bankruptcy amid slowing sales, opioid litigation Read More »
Snickers and Mars candy bars, produced by Mars Inc., sit on display. Bloomberg | Bloomberg | Getty Images For 11 months of the year, Tim LeBel is Mars Wrigley’s president of sales. But for the month of October, he dons
