The company is facing a proxy battle from a disgruntled shareholder that wants to put its own slate of directors up for a shareholder vote.

PENN Entertainment's stock has plummeted nearly 85% since its peak in 2021, due to two failed attempts to capitalize on the ...

For some firms that lose an auction to acquire a company, plan B is to blow up the auction altogether, wait for chaos to ...

Activist investment firm Starboard Value has launched a proxy battle with pharmacy supplier Kenvue, running a slate of four board nominees including Starboard head Jeff Smith.

Air Products and Chemicals' governance changes and activist board seats add uncertainty to its strategic direction. See why ...

Industrial gases manufacturer Air Products said on Tuesday it has named former Linde executive Eduardo Menezes as its CEO and will succeed Seifi Ghasemi effective Feb. 7, amid pressure from activist ...

Texas Attorney General Ken Paxton (R) is weighing a primary challenge to Sen. John Cornyn (R) in what could be the next ...

Health-care companies rose after strong earnings from one major drug maker. Novo Nordisk shares rose sharply after the Danish obesity-drug maker posted fourth-quarter Ozempic sales of $4.71 billion, ...

Activist Third Point recently wrote a letter to Soho House, calling on the company’s board to ensure a fair sales process for ...

Unionized employees want to change the storied retailer's direction. But they'll have to get through the "member-elected" ...

Minnesota Democratic Party Chairman Ken Martin has been elected chairman of the Democratic National Committee.

President Donald Trump has apparently inherited from his father a propensity to acquire real estate. What he did as a real estate tycoon before becoming the US President has not caused much concern to ...