Sustainable investing incorporates environmental, social and governance considerations. But how exactly do these factors fit into the analytical process, and how do they add value?...
Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges for “intentionally and materially” overstating its 2019 revenue and understating a net loss, U.S. regulators said on Wednesday...
S&P 500 companies are slowly making progress on board diversity. In 2020, S&P 500 boards appointed 413 new independent directors, with 59% of these appointments going to women and minority men...
CNBC’s Jim Cramer on Monday suggested that seasoned investors could take a cue and learn something from the stock market’s newcomers this year...
On Monday, Newtouch Software became the 200th company to list on the Shanghai Star Market. That brings the total amount raised by companies on the new stock board to more than 287.6 billion yuan ($44 billion), according to officially reported figures...
Starboard Value hit an unexpected stumbling block in its activist campaign in AECOM when one of the hedge fund’s members quit the infrastructure company’s board of directors over the summer. Peter Feld quit the AECOM board in protest of CFO Troy Rudd’s promotion to chief executive officer in June...
Longtime hedge fund manager and activist investor Daniel Loeb, manager of Third Point, continued to bet on Disney and e-commerce giants in the third quarter, and added new positions in Pinterest, Palantir and Microsoft...
Tesla paid CEO Elon Musk $3 million personally for 90 days worth of an important type of business insurance that indemnifies directors and officers of the company from certain legal expenses, a new filing revealed Wednesday...
Apple CEO Tim Cook received his largest stock grant since 2011, which will compensate him with large slugs of stock through 2025, according to an SEC filing on Tuesday...
Alphabet has reached a settlement on a shareholder lawsuit that accused the board of allegedly mishandling sexual misconduct by its executives. Execs will not be able to receive severance or amend their stock sale plans while they are while they are subject to investigations or a lawsuit for sexual misconduct, according to a summary of the settlement provided by the plaintiffs’ attorneys...
Three years ago, Michael Corbat strode onto the stage of a ballroom in midtown Manhattan and proclaimed that a new day had arrived at Citigroup....
Airbnb on Wednesday announced that it has submitted a draft registration to the Securities and Exchange Commission for an initial public offering...
Pinterest on Monday appointed a third female director to the company’s board, days after a former female executive accused the company of having a discriminatory and misogynistic work environment...
Ford Motor CEO and President Jim Hackett will unexpectedly retire in the midst of an $11 billion restructuring plan that has failed to impress investors...
James Murdoch resigned from the News Corporation board of directors on Friday. Murdoch’s resignation is effective immediately, according to the company, and decreases the board’s size to 10 members...
A battle heats up between a deep-research investor with a private equity mindset and an underperforming small cap software stock...
The world’s uber wealthy are increasingly putting their money towards socially, ethically and environmentally conscious businesses, which could spur the growth of sustainable investments...
Wirecard’s dramatic fall from grace has thrust corporate governance and industry regulation in Germany firmly in the spotlight...
Billionaire investor Bill Ackman, who made a killing this year by nailing the market bottom, on Monday disclosed plans for an initial public offering of a $4 billion blank check company, which may target so-called “Mature Unicorns.”...
A shareholder of L Brands, the parent company of Victoria’s Secret, is suing the company for records and alleging that its bra and lingerie brand has had a “toxic culture of sexual harassment, discrimination, and retaliation” for years...
Twitter on Tuesday appointed former Google chief financial officer Patrick Pichette as the company’s new chairman of the board...
Cruise, a majority-owned self-driving subsidiary of General Motors, has added prominent inventor and tech executive Regina E. Dugan to its board of directors, the company said Tuesday...
Successful activist investor Starboard is part of a turnaround situation where a great deal of value can often be created — when a founder-CEO is replaced with a public company CEO with more discipline and shareholder focus...
The Plano, Texas-based retailer is planning on filing for bankruptcy in Corpus Christi, Texas, the people said. It has been negotiating with its first lien lenders a $450 million loan to finance the bankruptcy, which would require the troubled retailer to hit certain goals to receive the second half of it, CNBC previously reported...