© Reuters. BOSTON (Reuters) – Bow Street LLC is close to having eight directors elected to the board of Mack-Cali Realty Corp (N:), which would give the hedge fund control of the real estate investment trust’s board, sources familiar with the matter said on Tuesday. All votes have not beenRead More →
© Reuters. Investing.com – Japan-listed Softbank Group Corp. (T:) is close to taking over control of work space company WeWork, CNBC reported on Tuesday citing people familiar with the matter. The deal would be worth somewhere between $4 billion and $5 billion, the people said, adding that an announcement couldRead More →
Google GOOGL, +0.39% GOOG, +0.33% is listening to its users’ concerns — and not just literally. The company said Monday it would improve the way it informs customers about how their Google Assistant voice recordings will be used. Part of that effort will include having users re-confirm their preferences forRead More →
Facebook Inc. said late Monday it agreed to buy a startup that would let people control computers with their brains – a long-held ambition by Chief Executive Mark Zuckerberg. The proposed acquisition of CTRL-Labs, a 4-year-old company developing software and a bracelet that measures neuron activity in a subject’s arm,Read More →
© Reuters. A screen displays the logo for Baker Hughes on the floor at the NYSE in New York (Reuters) – General Electric (N:) is looking to raise up to $3 billion in sale of majority-owned Baker Hughes (N:) shares, resulting in a reduction of the U.S industrial conglomerate’s stakeRead More →
Dear Moneyist, My mother-in-law can’t control her spending. She has maxed out all of her credit cards and has little in savings. She lives on Social Security and her deceased husband’s pension. She is only paying the minimum on her cards so they will never get paid off. She alsoRead More →
By Jennifer Hughes and Alun John HONG KONG (Reuters) – Goldman Sachs (N:) has applied for majority control of its Chinese joint venture, the bank confirmed on Wednesday, the latest international bank to do so ahead of Chinese plans to eventually allow foreigners full control. The bank submitted an applicationRead More →
MarketWatch photo illustration/Getty Images Will more information help borrowers navigate college costs and student loans? With the growth in student loans continuing to soar, politicians and borrowers struggling with an issue that’s become both a financial and political problem. Presidential candidates are proposing to cancel student debt and make publicRead More →
Company shareholders are well-positioned to address income inequality by clamping down on sky high corporate pay, but new research says they’ll have to put their mouth where their money is. Shareholders — everyone from a retail investor with a 401(K) to asset management firms with vast pools of money —Read More →
© Reuters. The HNA Group logo is seen on the gate of HNA Plaza building in Beijing By Jennifer Hughes HONG KONG (Reuters) – Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) asRead More →
© Reuters. FILE PHOTO: Amazon CEO Jeff Bezos and MacKenzie Bezos arrive at the annual Allen and Co. conference at the Sun Valley By Jeffrey Dastin and Arjun Panchadar (Reuters) – MacKenzie Bezos, ex-wife of Amazon.com Inc (NASDAQ:) founder and Chief Executive Officer Jeff Bezos, will give 75 percent ofRead More →
Dear Moneyist, I have a question regarding my fiancé and his father. My fiancé’s father owns his own business that my fiancé has worked at on and off for the better part of a decade. The hours are always sporadic, as is the pay. My fiancé’s father tends to withholdRead More →
Amazon.com Inc.’s plans to buy Eero is the latest in a string of deals by the e-commerce giant to become the eyes, ears and ultimate spy of all consumer behavior in your home. Amazon AMZN, +0.18% said Monday it is buying Eero Inc., a startup founded in 2014 in SanRead More →
