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US economy ‘motoring along’ with 2.8% expansion in last quarter, but Trump’s trade tariffs ‘threaten economic growth’ – business live
Rolling coverage of the latest economic and financial news. Trump’s tariff threat sets stage for bitter global trade war . Trump’s tariffs will lead to higher prices in the shops, and ...World - The Guardian - 5 hours ago -
Verizon's Takeover of Frontier Communications Wins Shareholder Support
The $9.6 billion deal would expand Verizon’s fiber network to a size that would rival major competitors such as AT&T and Comcast.Business - The Wall Street Journal - November 13 -
Supreme Court tosses Facebook appeal in shareholder lawsuit
The Supreme Court issued its first opinion of the term, a one-line decision dismissing Facebook's appeal.Politics - CBS News - 5 days ago -
The climate cash that’s not going to come
Don’t believe COP promises or obsess about Trump palace politicsWorld - Financial Times - 2 days ago -
Vivendi activist urges shareholders to oppose break-up plan
Investors in French media group to vote on proposal in DecemberBusiness - Financial Times - October 29 -
Chevron beats earnings expectations, returns more than $7 billion to shareholders
Chevron's stock is largely flat for the year, underperforming the S&P 500 energy sector which has gained more than 6%.Business - CNBC - November 1 -
Why Apple shareholders may want the Tim Cook era to come to a close
Does Apple’s current leadership possess the necessary vision and agility to manage a challenging AI future?Business - MarketWatch - November 2 -
Supreme Court hears Facebook's bid to block Cambridge Analytica shareholder suit
The Supreme Court considered Wednesday a bid from Facebook to block a shareholder lawsuit over the Cambridge Analytica data scandal from moving forward. Shareholders sued the social media company ...Politics - The Hill - November 6 -
Shareholder advisers fear clamp down in new Trump administration
Conservative groups and lawmakers eye restrictions on proxy firms as new era in Washington emboldens their criticsWorld - Financial Times - November 16 -
Vanguard says shareholders can vote for profits over ESG issues
Asset manager gives investors greater say on proxy votes as it tries to navigate backlash to ‘woke’ policiesBusiness - Financial Times - November 18 -
Murdoch family retains majority control of News Corp after shareholder vote
Activist investor Starboard Value had challenged ownership structure, as Murdoch family controls 41% of company votes. Lachlan Murdoch faced down a shareholder vote on Wednesday aimed at weakening ...World - The Guardian - November 20 -
Warren Buffett Just Released a Surprise Shareholder Letter, and It’s Really Something to Behold
Buffett thinks differently from other ultra-wealthy people, and I don’t think we’re going to see his heirs on the list of the world’s billionaires.Business - Inc. - Yesterday -
Trump taps Lutnick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump taps Howard Lutnick for Commerce secretary The president-elect's longtime ...Politics - The Hill - November 19 -
Slavery reparations not about transfer of cash, says Lammy
Speaking in Nigeria, the UK foreign secretary said he wanted Britain to develop relations with Africa.Top stories - BBC News - November 4 -
Cash-handout influencer admits impeding scam probe
The Instagrammer admits obstructing a police investigation into an alleged £3.5m fraud.Top stories - BBC News - November 5 -
Cboe to launch new cash-settled bitcoin options
Traders will soon have another option for trading option contracts linked to the price of bitcoin.Business - MarketWatch - 5 days ago -
Youth to get 'guaranteed' training in jobs overhaul
The government plans include overhauling job centres, but reforms to benefits are delayed until next year.Top stories - BBC News - Yesterday -
China’s Police Are Preying on Small Firms in Search of Cash
With localities facing budget holes, the police are crossing provincial borders to collect fines and draining company treasuries. Businesses call it a shakedown.Top stories - The New York Times - Yesterday -
China’s Police Are Preying on Small Firms in Search of Cash
With localities facing budget holes, the police are crossing provincial borders to collect fines and draining company treasuries. Businesses call it a shakedown.Business - The New York Times - Yesterday -
Landry CEO Fertitta becomes Wynn Resorts' largest individual shareholder with nearly 10% stake
Billionaire casino mogul and Landry CEO Tilman Fertitta has increased his stake in Wynn Resorts to 9.9%Business - CNBC - November 14 -
Major Trump Media shareholder ARC Global unloads nearly all DJT stock
President-elect Donald Trump is the majority owner of Trump Media, which trades on the Nasdaq as DJT.Business - CNBC - November 15 -
News Corp Shareholders Reject Activist Bid to End Dual-Class Share Structure
Shareholders voted down Starboard Value’s proposal, which was aimed at damping the Murdoch family’s influence over the media conglomerate.Business - The Wall Street Journal - 6 days ago -
Fox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020
Attorneys for Fox Corp. are asking a Delaware judge to dismiss a lawsuit seeking to hold current and former company officials personally liable for the financial fallout from Fox News reports ...Tech - ABC News - 4 days ago -
Fox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020
Attorneys for Fox Corp. are asking a Delaware judge to dismiss a lawsuit seeking to hold current and former company officials personally liable for the financial fallout from Fox News reports ...Tech - ABC News - 4 days ago -
The NHS and education are big winners in Reeves’ spending plan
But some Whitehall departments including the Home Office face real terms cuts to their budgetsWorld - Financial Times - October 30 -
Musk ordered to attend hearing over $1M cash giveaway to voters
A Philadelphia judge is set to address a bid by the city’s district attorney to stop Elon Musk and his America PAC from continuing to award multi-million dollar prizes to registered voters in ...Politics - NBC News - October 31 -
Musk can continue with election cash giveaways for now, judge rules
Prosecutors say the case will now move to a federal court, following a request from Musk's lawyers.Top stories - BBC News - November 1 -
Warren Buffett slashes Apple stake as he boosts cash to record high
Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the periodBusiness - Financial Times - November 2 -
Richard A. Cash, Who Saved Millions From Dehydration, Dies at 83
He worked alongside another doctor to show that a simple rehydration therapy could check the ravages of cholera and other diarrhea-inducing diseases.Science - The New York Times - November 2 -
NHS £25bn Budget boost puts pledge of ‘no cash without reform’ to test
Funding commitments raise questions over whether the money can deliver needed long-term transformationBusiness - Financial Times - November 3 -
Warren Buffett Accumulates $325 Billion in Cash While Unloading Stocks
Buffett explained that he began selling shares because he expects tax rates to go higher in the future.Business - Inc. - November 3 -
Former Bad Education actor left without cash by rogue agent
A talent agent who supplied actors to shows on the BBC and Netflix withheld cash due to them, former clients claim.Top stories - BBC News - November 4 -
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More homeowners just started pulling cash out of their properties. Here's why.
While mortgage rates don't exactly follow the Federal Reserve's rate, home equity lines of credit, or HELOCs, are tied to it.Business - CNBC - November 4