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Money

Activist hedge funds stepped up calls for asset sales and spin-offs in 2019: data

headline
NEW YORK (HeadlineNews) – Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them
Tech

U.S. Supreme Court tosses lower court ruling that allowed IBM retirement fund suit

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WASHINGTON (HeadlineNews) – The U.S. Supreme Court on Tuesday threw out a lower court ruling that allowed a lawsuit to proceed against managers of a
Health

‘Gold rush’: Race is on for health data in East Europe’s frontier market

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BUDAPEST/WARSAW (HeadlineNews) – Eastern Europe is a new frontier for private medical care, and insurers and tech startups are racing to steal a march on
Business

China Southern Air Holding sets up one billion yuan cargo company

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FILE PHOTO: A China Southern Airlines Airbus commercial passenger aircraft is pictured in Colomiers near Toulouse, France, November 26, 2018. REUTERS/Regis Duvignau BEIJING (HeadlineNews) –
Money

How risky ETFs won the decade – and why they might not repeat that performance

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NEW YORK (HeadlineNews) – Exchange-traded funds that use leverage to offer double or triple the daily return of benchmark U.S. stock indexes rank among the
Money

Activist hedge fund Marcato Capital to shut down after drop in assets

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BOSTON (HeadlineNews) – Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after
US News

PG&E creditors offer California wildfire victims $13.5 billion in cash upfront

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(HeadlineNews) – PG&E Corp’s (PCG.N) creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay $13.5 billion in cash

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