Firm Urges Shareholders
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BBVA launches hostile bid for Sabadell
Spanish government rebukes bank’s action and warns of ‘potentially damaging effects’ on financial systemFinancial Times - Business -
Norfolk Southern Shareholders Vote Thursday to Keep or Fire CEO
Chief Executive Alan Shaw says the proxy fight is about the future of the railroad industry.The Wall Street Journal - World -
How Apple's record $100 billion-plus stock buyback benefits shareholders
As outstanding share counts go down, investors don't have to do anything to get baked-in returns and own larger and larger pieces of companies.CNBC - Business -
Brands Face Growing Pressure From Activist Shareholders Over LGBTQ Marketing
Conservative groups are filing more proposals implying that companies working with LGBTQ organizations could become the next Bud Light.The Wall Street Journal - World -
Norfolk Southern Shareholders Vote Thursday to Keep or Fire CEO
Chief Executive Alan Shaw says the proxy fight is about the future of the railroad industry.The Wall Street Journal - Business -
Trial About to Begin for Billionaire Trader Accused of ‘Pump and Brag Scheme’
The hedge fund is accused of borrowing money from banks to buy stocks.The New York Times - Top stories -
TPG Profit Slips as Private-Equity Firm Digests Additions
The buyout firm’s first-quarter profit fell on higher expenses that reflect growth over the past year, and executives at the alternative-asset manager laid out plans to further expand its offerings.The Wall Street Journal - World -
Drugmakers in Medicare negotiations spent more on shareholder payments and marketing than R&D last year: Report
A new report from the center-left watchdog group Accountable US found that most major drugmakers spent more on marketing costs and shareholder payments than on research and development (R&D). The report looked at eight companies — Johnson & ...The Hill - Politics -
Trinity College Dublin agrees to divest from Israeli firms after student protest
Five-day encampment in university grounds that caused the college major loss of income ended in victory for campaigners. Students at Trinity College Dublin have ended a five-day encampment after the university pledged to cut ties with Israeli ...The Guardian - World - Israel -
VP Harris Announces $100 Million for Small Auto Parts Firms as U.S. Fights for Competitive EV Edge
Small-business auto suppliers could score a grant of up to $300,000 under one of the new programs just announced.Inc. - Business -
In the 2024 Berkshire Hathaway shareholder meeting, Warren Buffett remembered his partner, Charlie Munger, and revealed the secrets of building a successful business.
Three tips to find partners you can trust.Inc. - Business -
Dreamers urge for protections in Senate hearing on immigrant youth
A Senate hearing focused on young immigrant youth known as "Dreamers," including DACA recipients, and possible avenues to create pathways for their legalization shows the growing political divide on an issue that had longtime bipartisan support ...NBC News - Top stories