Starboard's Billion Stake
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Business - CNBC
Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of wreckage.4 hours ago -
Politics - The Hill
Defense & National Security — Netanyahu reportedly snubs high-stakes meeting
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Israeli defense minister cancels visit to Washington Yoav Gallant ...5 hours ago -
Business - MarketWatch
Boeing on the hook for $1 billion a month because of strike, as S&P frets anew
Boeing’s credit ratings at heightened risk of downgrade to junk as strike puts company’s recovery “at risk,” S&P says.6 hours ago -
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 600.6 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 plan6 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 ...8 hours ago -
World - Financial Times
Abu Dhabi writes off 9.9% stake in Thames Water
Writedown comes as UK government is hoping to attract institutional investors9 hours ago -
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.11 hours ago -
Business - CNBC
Saudi Arabia's PIF cuts stake in Nintendo after report said it was considering increase
The PIF reduced its stakehold in the Japanese video game giant to 7.54% from 8.58% previously, according to a Japanese regulatory filing.14 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.14 hours ago -
World - The Guardian
Saudi wealth fund buys 40% stake in Selfridges department store
Thai conglomerate Central Group to co-own high-profile retailer with Saudi Public Investment Fund. Business live – latest updates Saudi Arabia’s sovereign wealth fund has bought a stake in the ...15 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.20 hours ago - Google -
Sports - ABC News
NCAA's $2.78 billion settlement with colleges to allow athlete payments gets preliminary approval
A judge has given preliminary approval to the $2.78 billion legal settlement that figures to transform college sportsYesterday -
Business - The Wall Street Journal
Cannae, KDSA Buy Majority Stake in The Watkins Company
Cannae, a Las Vegas-based company led by billionaire Bill Foley, includes holdings in the English Premier League team AFC Bournemouth, restaurant chains Ninety Nine Restaurant & Pub and ...Yesterday -
Business - CNBC
FTX creditors will make money on bankruptcy: $1.19 for every dollar
A Delaware bankruptcy judge approved FTX's reorganization plan almost two years after the crypto exchange spiraled into bankruptcy.Yesterday - Crypto -
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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 -
Entertainment - Los Angeles Times
Taylor Swift, worth $1.6 billion, overtakes Rihanna as world's richest female musician
Taylor Swift is worth an estimated $1.6 billion, Forbes said, making her the world's richest female musician. Rihanna, who held the title last year, is No. 2.Yesterday -
Tech - ABC News
Hyundai has begun producing electric SUVs at its $7.6 billion plant in Georgia
Hyundai has begun producing electric SUVs in Georgia less than two years after breaking ground on its sprawling manufacturing plant west of SavannahYesterday -
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 -
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 -
Sports - ABC News
Judge gives preliminary approval to $2.78 billion settlement designed to pay college athletes
Judge gives preliminary approval to $2.78 billion settlement designed to pay college athletesYesterday -
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 - Financial Times
Norway’s Equinor takes 10% stake in renewables group Ørsted
Company becomes second-largest shareholder in world’s biggest offshore wind farm developer behind Danish governmentYesterday -
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
Equinor Buys 9.8% Stake in Orsted as Part of Renewables Push
Equinor plans to allocate more than 50% of its investments in renewable and low-carbon projects by 2050, from around 20% in 2023.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