Online marketplace eBay Inc. has a lot going on, and shareholders are betting that the company could benefit from more focus. Shares of eBay climbed Tuesday morning after Elliott Management announced a 4% stake in the company and suggested a five-step plan for unlocking shareholder value, which included spinning outRead More →
Dear Moneyist, My parents are retired, pretty well-off, living conservatively and comfortably. They enjoy traveling, outdoor activities and are in pretty good health. It’s just my sister and me. I am married, own a little condo with my husband and we’re moving soon and expecting our first baby. We’re financiallyRead More →
Global life expectancy for almost every nation will rise during the next two decades, with Spain overtaking Japan as the country with the longest life expectancy. Meanwhile, on the list of 195 countries, the U.S. will fall 20 places, from 43rd to 64th. The average U.S. lifespan as of birthRead More →
Fiserv to buy First Data for $22 billion to boost payments business By Siddharth Cavale and Liana B. Baker (Reuters) – U.S. financial technology provider Fiserv Inc (NASDAQ:) said on Wednesday it will buy payment processor First Data Corp in a $22 billion all-stock deal, the biggest ever acquisition inRead More →
Homebuyers beware: Putting a down payment on a home could cost you your life savings. Portland homeowner Aaron Cole was about to close in on a home purchase in Oregon when he received an email instructing him to wire the $123,000 down payment to someone he thought was the WFGRead More →
Welcome to Capital Confidential — a weekly diary column featuring the best tidbits from around the U.K.’s business and political landscape from sister publication Financial News. This week: Trump’s love for the Village People’s song ‘Macho Man’; and an answer to the mystery of where the Lehman Brothers Canary WharfRead More →
The Confederation of British Industry, the influential lobby group for U.K. businesses, is to warn that a crash-out Brexit will shrink the country’s economy by 8% and put thousands of jobs at risk. The CBI’s director general Carolyn Fairbairn will say in a speech on Friday that British politicians haveRead More →
© Reuters. FILE PHOTO: A bird flies next to the logo of IL&FS installed on the facade of a building at its headquarters in Mumbai MUMBAI (Reuters) – India’s heavily indebted Infrastructure Leasing & Financial Services (IL&FS) said on Wednesday it has received more than 30 expressions of interest forRead More →
At 19 days in length as of Wednesday, the current partial government shutdown has become one for the record books. It ranks as the second-longest shutdown in more than 40 years, topped only by a 21-day closure during the Clinton administration that began in December 1995. The current shutdown hasRead More →
