David Solomon criticized at Goldman shareholder meeting
A Goldman Sachs Group shareholder criticized its Chairman and CEO David Solomon on Wednesday and proposed its board appoint an independent chairman. The proposal, along with eight others...
Ron DeSantis’ allies take aim at Disney World monorail
Florida’s state legislature is taking aim at Walt Disney World’s monorail system just as the House of Mouse announced that it was taking Gov. Ron...
UK watchdog blocks Microsoft’s $69 billion takeover of Activision Blizzard
The British government’s antitrust authorities have blocked Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard, claiming that the merger will negatively impact...
WWE boss Vince McMahon hit with bias suit over scripts
World Wrestling Entertainment ordered up racially-tinged plot lines for its scripted matches that included having a Muslim wrestler admit he was responsible for 9/11 and...
Wendy’s selling canned chili divides consumers: ‘Absolute worst’
Wendy’s famous chili is coming to grocery stores — for more than double the price in its restaurants. The Ohio-based fast food chain announced Wednesday...
Engagement ring sales plummet — and COVID-19 is to blame
It’s got a strange “ring” to it. Engagement ring sales are down — and COVID-19 is to blame, apparently. A plethora of failed romances due...
GDP growth slowed sharply in latest quarter amid Fed rate hikes
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and...
Masterworks’ fractional art sales getting the brush off
Masterworks, the “elite alternative asset” that allowed investors to buy fractional shares of high-end paintings, scrapped a funding round amid concerns it could face regulatory...
CEOs move to Nevada for cheaper fees, friendlier jurisdiction
Elon Musk’s decision to move Twitter’s corporate headquarters from Delaware to Nevada could add fuel to a growing trend: companies ditching the First State for...
Chainsmokers DJ duo is raising a third venture capital fund
The Chainsmokers, who consistently rank in the top five highest-paid DJs in the world, are quietly raising their third venture capital fund in as many...