Pfizer’s bondholders cheer news of activist investor Starboard’s $1 billion investment
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Top stories - CBS News
CBS News producer reflects on 1 year of war in Gaza
CBS News producer Marwan al-Ghoul has been inside the Gaza Strip since Israel declared war on Hamas one year ago, helping to report on the devastation in the Palestinian territory. Elizabeth Palmer ...48 minutes ago -
Business - MarketWatch
Boeing on the hook for $1 billion a month because of strike, as S&P frets anew
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Business - CNBC
Healthy Returns: What activist Starboard's $1 billion stake means for Pfizer
Pfizer's troubles may finally be coming to a head. Meanwhile, Hims & Hers is joining S&P SmallCap 600.3 hours ago -
Business - Financial Times
Pfizer chief Albert Bourla to meet activist investor Starboard Value
Fund run by Jeff Smith builds $1bn stake in vaccine maker and pitches shake-up plan3 hours ago -
Business - Financial Times
General Atlantic CEO says higher taxes will not harm investing
Bill Ford says his approach would not change if the so-called carried interest loophole is closed4 hours ago -
Business - MarketWatch
Why stock investors shouldn’t worry about 10-year Treasury yield ruining 2024 rally yet
The benchmark 10-year Treasury yield, which finished above 4% for a second straight day on Tuesday, appears to be falling short of the levels needed to take the steam out of the 2024 U.S. stock rally.4 hours ago -
Business - Financial Times
Pension funds call for UK fiscal rule change to spur investment
Current definition means government is ‘actively discouraged’ from spending on infrastructure4 hours ago - United Kingdom -
Top stories - NBC News
Elon Musk called Gov. Josh Shapiro during the Steelers game to talk about investing in Pennsylvania
Elon Musk had a surprise phone call with Pennsylvania’s Democratic Gov. Josh Shapiro on Sunday during the Steelers came.4 hours ago - Elon Musk -
Top stories - CBS News
4 signs you should invest in gold now
Gold can be a smart addition to your portfolio in most economic climates, but there are big reasons to buy in now.5 hours ago -
World - The Guardian
Reeves to press ahead with plans to borrow billions for investment
Exclusive: chancellor’s plan to change rules to allow more borrowing comes as cost of government debt rises. Rachel Reeves is pushing ahead with plans to borrow billions of pounds extra for ...5 hours ago -
Business - CNBC
We're upgrading Honeywell after a long-awaited move. Jim Cramer says investors should act
The U.S. industrial firm unveiled plans Tuesday to spin off its advanced materials division.6 hours ago -
Business - Financial Times
Activist Elliott says its long-term view on Anglo American is ‘very much intact’
Hedge fund’s partner Nabeel Bhanji says BHP approach during its stake building was ‘genuinely annoying’6 hours ago -
World - ABC News
Authorities in Belarus open new criminal probes against scores of opposition activists
Belarusian authorities say they have launched new criminal investigations against dozens of opposition activists, part of a sweeping crackdown on dissent ahead of next year’s presidential vote, in ...6 hours ago - US Open -
World - ABC News
Hungary’s Orbán interrupted by activist during EU presidency news conference
An activist and municipal councilor for a Hungarian opposition party disrupted a news conference in the French city of Strasbourg, as Prime Minister Viktor Orbán was laying out plans for Hungary’s ...7 hours ago - European Union -
Business - MarketWatch
Pfizer’s bondholders cheer news of activist investor Starboard’s $1 billion investment
Pfizer Inc.’s stock gained Monday after a report that activist investor Starboard Value has invested $1 billion in the drug company. Bondholders seem to like the news too.8 hours ago -
Business - CNBC
Peru has attracted a slew of foreign investors into its credit market. Here's why
Foreign investors are eyeing Peru's debt market.9 hours ago -
Business - CNBC
Women's health startup Maven Clinic closes funding at $1.7 billion valuation
Maven Clinic closed a $125 million funding round at a $1.7 billion valuation, the company announced Tuesday.11 hours ago -
World - ABC News
Hong Kong's Hang Seng index plunges 9.5% as investors dump shares after recent sharp gains
Hong Kong's Hang Seng index plunges 9.5% as investors dump shares after recent sharp gains15 hours ago -
Business - CNBC
Foxconn chairman says AI investment boom 'still has some time to go' as language models evolve
Foxconn Chairman Young Liu told CNBC the artificial intelligence boom "still has some time to go" as AI models are become more and more intelligent.17 hours ago -
Business - The Wall Street Journal
Vodafone, Google Expand Partnership With Billion-Plus Dollar Deal
The partnership aims to extend the use of devices powered by generative AI, through Google’s Gemini models, to Vodafone’s customers in Europe and Africa.17 hours ago - Google -
Business - The Wall Street Journal
Why Pfizer Will Find It Hard to Appease Its Activist Investor
The drugmaker has cut costs already and has no coming product approvals or research that could offer a quick lift.20 hours ago -
World - The New York Times
A Young Activist Arrested in Zimbabwe Holds Onto Her ‘Why’
Namatai Kwekweza said she remained committed to her advocacy for change in Africa, despite a harrowing experience in Zimbabwe.22 hours ago -
World - The New York Times
Athens Democracy Forum: Young Activists on What Drives Them
Six young people from around the world who attended the Athens Democracy Forum spoke about what drives them and the challenges they face.22 hours ago -
Top stories - CBS News
Where the Israel-Hamas war stands 1 year in
Israel and its allies around the world on Monday marked one year since the deadly Hamas attack on Oct. 7, 2023. In addition to the fight in Gaza, Israel is now engaged in a multi-front conflict ...Yesterday - Israel -
Politics - The Hill
Taylor Swift is now the world's richest female musician with $1.6 billion: Forbes
It's time to write Taylor Swift's name atop the list of the world's wealthiest female music artists — the "Shake it Off" singer is now in the No. 1 spot, according to Forbes. The business magazine ...Yesterday -
Tech - Wired
FTX Customers Will Get Back Billions After Judge OKs Bankruptcy Plan
A US judge has authorized a plan for fallen crypto exchange FTX to return money to former customers, as the drawn-out bankruptcy process approaches its end.Yesterday - Crypto -
Top stories - CBS News
Where to invest in gold as the price rises
Want to add gold to your investment portfolio? Here are some of the top options for buying it as the price climbs.Yesterday -
Business - Financial Times
Former Pfizer CEO pitches board on Starboard’s shake-up plan
Ian Read has called his successors about the activist’s ideas for turning around the vaccine makerYesterday -
Business - Inc.
Both Trump’s and Harris’s Economic Policies Will Add Billions to National Debt
Despite many clashing differences, both candidates’ economic plans would likely bloat the $35.7 trillion U.S. debt by another 10 to 20 percent, a study finds.Yesterday -
Business - CNBC
Bad call from Wall Street analysts on DuPont stock may be good news for investors
DuPont shares dropped Monday after Barclays downgraded the materials giant to a sell-equivalent rating and trimmed its price target.Yesterday -
Business - CNBC
GM investor day: Cruise, cash and EV profits top of mind for Wall Street
General Motors will attempt to address investor concerns at a capital markets day Tuesday that it can sustain, if not grow profits.Yesterday -
Top stories - CBS News
10/7: CBS News 24/7 Episode 1
Israel marks one year since Oct. 7 attacks; U.S. Supreme Court convenes for new term.Yesterday -
Top stories - CBS News
How Biden is marking 1 year since Oct. 7 attacks
President Biden is mourning the roughly 1,200 Israelis who were killed during Hamas' Oct. 7 attacks a year ago. CBS News senior White House correspondent reports on how Biden is observing the day.Yesterday - Joe Biden -
Sports - The New York Times
How Lando Norris Became Formula 1’s Unlikely Title Contender
The McLaren driver hadn’t won a race before 2024. Now he’s hunting down Max Verstappen for the championship.Yesterday -
Business - CNBC
'It goes against all logic': Among the young and wealthy, cautious investors hold more crypto
Among investors age 21 to 43 with $3 million to invest, self-identified conservative investors hold more crypto than their more aggressive counterparts.Yesterday -
Business - The Wall Street Journal
Chevron to Sell Oil Sands, Shale Assets for $6.5 Billion to Canadian Natural
Chevron’s Canada unit plans to sell its stakes in oil sands and shale assets to Canadian Natural Resources for $6.5 billion as part of efforts to achieve divesting goal by 2028.Yesterday -
Business - The Wall Street Journal
Winemaker Duckhorn Agrees to Be Taken Private in $1.95 Billion Deal
Duckhorn Portfolio has agreed to be taken private by Butterfly Equity in an all-cash deal that values the winemaker at $1.95 billion.Yesterday -
Business - The Wall Street Journal
Apollo Global to Take Barnes Group Private in $3.6 Billion Deal
Barnes Group has agreed to be acquired and taken private by Apollo Global Management in an all-cash deal that values the company at $3.6 billion.Yesterday -
Business - The Wall Street Journal
Activist Starboard Value Takes $1 Billion Stake in Pfizer
The drugmaker’s shares have slumped as demand for Covid-19 vaccines and treatments has slowed.2 days ago