Latest in Southwest Strikes a Truce With the Activist Hedge Fund Elliott
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Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyOctober 14 - United Kingdom -
Business - CNBC
Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8
Activist investor Elliott Management has requested a Dec. 10 special meeting date at Southwest Airlines, as it seeks to oust CEO Bob Jordan.October 14 -
World - ABC News
France’s far-right leader Marine Le Pen faces court on charges of embezzling EU funds
French far-right leader Marine Le Pen strongly denied committing any wrongdoing at a Paris court Monday as she and her National Rally party stand trial over the suspected embezzlement of European ...October 14 - European Union -
World - ABC News
India recalls ambassador from Canada in growing dispute over allegation of involvement in assassination of Sikh activist
India recalls ambassador from Canada in growing dispute over allegation of involvement in assassination of Sikh activistOctober 14 -
Top stories - NBC News
Lilly Ledbetter, equal pay and women's rights activist, dies at 86
Women's rights activist Lilly Ledbetter has died, according to a family representative. The Lilly Ledbetter Fair Pay Act became the first bill Barack Obama signed into law as president in 2009.October 14 -
Business - MarketWatch
Trend-tracking funds have now turned positive, Goldman Sachs says
Commodity-trading-advisor funds are up 1.4% in the year-to-date, following a tough start to the year.October 14 -
Business - Financial Times
Banks and fund managers call on EU to commit to shorter settlement plan
Industry lobby groups urge Brussels to set timetable for modernisation of securities marketOctober 14 -
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Business - MarketWatch
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower
A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — ...October 14 - Donald Trump -
Business - Financial Times
Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesOctober 14 -
Business - Financial Times
Biggest US public pension fund Calpers invests in UK’s Octopus Energy
California retirement fund among investors drawn to power company for its software and green focusOctober 14 -
Top stories - CBS News
Frost says Congress should return "as soon as possible" to replenish disaster funds
Congress is not set to return from recess until Nov. 12, after Election Day.October 13 -
Top stories - CBS News
Rep. Maxwell Frost says Congress should return "as soon as possible" to replenish relief funds
Rep. Maxwell Frost of Florida has signed a letter urging Congress to return from recess to replenish relief funds, telling "Face the Nation with Margaret Brennan" that although FEMA currently has ...October 13