Hindenburg Research accused the Adani Group of orchestrating the “largest con in corporate history,” sending shares of its companies tumbling on Wednesday. Story Published at: January 25, 2023 at 01:14PM Continue Reading…
A Short Seller Takes Aim at an Indian Corporate Giant
Live Nation Faces a Skeptical Senate
The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing. Story Published at: January 24, 2023 at 12:44PM Continue Reading…
Activist Investors Are Circling Salesforce
Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff. Story Published at: January 23, 2023 at 12:18PM Continue Reading…
Why Netflix Is Changing the Guard
Reed Hastings’s move to become executive chairman may be a sign that the streaming giant thinks the worst may be behind it. Story Published at: January 20, 2023 at 12:28PM Continue Reading…
Why Some Executives Wish E.S.G. ‘Just Goes Away’
The environmental, social and corporate governance investment trend is booming, but it has also become a big distraction for business leaders. Story Published at: January 19, 2023 at 01:04PM Continue Reading…
Oliver Stone Goes Nuclear at Davos
At the World Economic Forum, the provocative filmmaker received a warm reception for his film promoting nuclear power. Story Published at: January 18, 2023 at 01:07PM Continue Reading…
The S.E.C.’s Crypto Crackdown Intensifies
The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions. Story Published at: January 13, 2023 at 01:07PM Continue Reading…
Big Cuts are Coming to Goldman Sachs
Chief executive David Solomon has given the task of determining which divisions will be affected to a chief lieutenant. Story Published at: January 11, 2023 at 01:03PM Continue Reading…
McDonald’s Former C.E.O. Pays for a Workplace Scandal
The Securities and Exchange Commission fined Steve Easterbrook for lack of disclosure about the circumstances behind his firing in 2019. Story Published at: January 10, 2023 at 01:24PM Continue Reading…
Wall Street Is Down on Corporate America
Earnings season kicks off this week, and analysts expect a big drop in corporate profits and more announcements about layoffs. Story Published at: January 9, 2023 at 12:56PM Continue Reading…