Walmart has used its reach and e-commerce growth to make money in new ways.
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Disney board exposed itself to activist intervention, but Peltz may be overreaching
Activist investor Nelson Peltz wants a Disney board seat, but his argument should be focused on succession planning rather than stock performance.
Continue readingNelson Peltz lays out his case for Disney proxy fight, slams Fox acquisition
Disney will be facing Nelson Peltz’s Trian Fund Management in a proxy fight.
Continue readingDirecTV lays off hundreds of managers as cord cutting accelerates
DirecTV notified employees it will cut 10% of its workers, many of whom are managers.
Continue readingRocket builder ABL’s inaugural launch fails shortly after liftoff, damages launch pad
The first mission by ABL Space got off the ground, but the RS1 rocket failed shortly after liftoff.
Continue readingNetflix will air SAG Awards in another step into live broadcasting
Netflix will live broadcast this year’s SAG Awards as the streaming giant extends its ventures into livestreaming.
Continue readingDisney and activist investor Nelson Peltz gear up for a proxy fight
Disney also said Nike Executive Chairman Mark Parker would become the next chairman of its board.
Continue readingStarbucks CEO Howard Schultz tells corporate workers to return to the office 3 days a week
Starbucks corporate employees will be returning to the office at least three days by the end of the month.
Continue readingA slowdown in denim demand could spell trouble for Levi Strauss, Citi says in downgrade
Weaker demand for denim products could prove a major headwind for shares of Levi Strauss in the near future, according to Citigroup.
Continue readingPrince Harry memoir breaks UK sales records and tops Amazon bestseller lists
Prince Harry’s memoir “Spare” became the fastest selling non-fiction book ever in the U.K. on its release day, its publisher said Tuesday.
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