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Trump says popular retirement program will be unscathed in tax plan

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President Donald Trump on Monday dismissed the possibility of curbing a popular tax-deferred U.S. retirement savings program to help pay for his sweeping tax cuts, and voiced...

Oct 23

Fidelity Chairman's video to employees: no tolerance for harassment

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Fidelity Investments Chairman Abigail Johnson on Monday delivered a direct message to more than 40,000 employees at the asset management company: There's no tolerance for...

Oct 23

Glass Lewis recommends ADP investors vote for Ackman's slate

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Proxy advisory firm Glass Lewis recommended on Monday that Automatic Data Processing Inc shareholders vote for all three dissident directors proposed by activist investor Bill...

Oct 23

Activist mulls next step after failed Johnston Press board ousting

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Activist investor Custos Group is considering its next steps after discovering a clause in a bondholder deal that hindered its attempt to oust Johnston Press top...

Oct 23

Hedge fund Marcato sues Deckers over board election

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Marcato Capital Management sued Deckers Outdoor Corp on Monday to force the maker of UGG boots to hold its annual meeting and classify the hedge fund's board nominees so the...

Oct 23

Nestle CEO praised by Third Point but hedge fund still wants more

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Nine months into leading the world's biggest packaged food company, Nestle SA Chief Executive Mark Schneider got a tentative thumbs-up from a prominent investor, who...

Oct 20

SoFi held sale talks, but bidders balked at $8 billion price: newspaper

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Social Finance Inc discussed a potential sale earlier this year, including with financial services company Charles Schwab Corp, but the talks fell apart over the $8 billion price...

Oct 22

'Dr. Doom', Marc Faber, removed from more boards after comments on race

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Marc Faber, the markets prognosticator known as "Dr. Doom," has been dismissed from three more company boards after comments in his latest newsletter this week suggested the...

Oct 20

Column: With U.S. elder abuse in spotlight, a look at guardians

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Are unsuspecting seniors around the United States being scooped up without warning from their homes, placed in nursing homes and having their possessions taken away?

Oct 20

Ackman urges ADP to consider acquiring Ceridian amid proxy fight

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Activist investor William Ackman, currently battling for board seats at Automatic Data Processing Inc , on Thursday said the human resource software company should buy rival...

Oct 19