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  • BlackRock Inc, the world's largest asset manager, and Norges Bank Investment Management, Norway's $872 billion sovereign wealth fund are among the major funds resisting, encouraging companies to consult them before responding to an activist. The most recent example of pushback against activist settlements involves U.S. retailer Chico's FAS and Barington...

  • Jeff Bezos

    Amazon founder Jeff Bezos got to live out every Trekkie's fantasy by playing an alien in the new "Star Trek" movie.

  • LOS ANGELES— Amazon founder Jeff Bezos got to live out every Trekkie's fantasy by playing an alien in the new "Star Trek" movie. Bezos is listed in the credits for "Star Trek Beyond," the third installment of the rebooted sci-fi franchise. In interviews Friday, producer J.J. Abrams and director Justin Lin confirmed his appearance in the movie.

  • WASHINGTON/ NEW YORK, July 15- Herbalife Ltd agreed to pay $200 million and change the way it does business to avoid being labeled a pyramid scheme by regulators, a blow to hedge fund manager Bill Ackman who for years has been betting against the dietary supplements maker. Shares of Herbalife jumped more than 20 percent after the settlement was made public and the...

  • WASHINGTON/ NEW YORK, July 15- Herbalife Ltd agreed to a $200 million settlement with U.S. regulators on Friday, under which the dietary supplements maker will change the way it does business and avoid being labeled a pyramid scheme, a blow to hedge fund manager Bill Ackman who for years has been betting against the company. The Los Angeles- based company's shares...

  • WASHINGTON/ NEW YORK July 15- Republican Donald Trump's selection of Indiana Governor Mike Pence as his running mate cheered the U.S. energy industry and dismayed green advocates, with both sides citing Pence's support for coal mining and defiance of President Barack Obama's climate-change agenda. "Governor Pence has been a vocal opponent of the...

  • Warren Buffett donates $2.86B to charities

    The billionaire businessman gave away 19.61-million Class 'B' shares of Berkshire Hathaway.

  • July 14- Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, has donated another roughly $2.86 billion of his holdings in the company's stock to the Bill& Melinda Gates Foundation and four family charities, as part of his plan to give away nearly his entire fortune. The Gates Foundation, which focuses on improving education and health and...

  • WASHINGTON/ NEW YORK July 15- Republican Donald Trump's expected selection of Indiana Governor Mike Pence as his running mate cheered the U.S. energy industry and dismayed green advocates, with both sides citing Pence's support for coal mining and defiance of President Barack Obama's climate-change agenda. "Governor Pence has been a vocal opponent of the...

  • July 15- Herbalife Ltd said it would settle with the U.S. Federal Trade Commission for $200 million to avoid being labeled a pyramid scheme, a blow to hedge fund manager Bill Ackman who for years has been betting against the dietary supplements maker. Ackman's Pershing Square Capital Management unveiled a $1 billion short bet against the company in 2012..

  • NEW YORK— Federal regulators closed an investigation of the multinational, nutritional supplements company Herbalife, which has for years been dogged by accusations that it was run as an elaborate pyramid scheme. Though Herbalife was ordered to restructure its U.S. operations and pay a $200 million settlement Friday, it avoided being classified by the U.S. as...

  • Warren Buffett

    Warren Buffett has donated roughly $2.9 billion more Berkshire Hathaway stock to five charities, as part of his plan to give away his fortune.

  • WASHINGTON/ NEW YORK July 14- Republican Donald Trump's expected selection of Indiana Governor Mike Pence as his running mate cheered the U.S. energy industry and dismayed green advocates on Thursday, with both sides citing Pence's support for coal mining and defiance of President Barack Obama's climate-change agenda. "Governor Pence has been a vocal...

  • July 14- Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, has donated another roughly $2.86 billion of his holdings in the company's stock to the Bill& Melinda Gates Foundation and four family charities, as part of his plan to give away nearly his entire fortune. The Gates Foundation, which focuses on improving education and health and...

  • July 14- Warren Buffett has donated roughly $2.86 billion more Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly his entire fortune. Buffett's 11th annual donation to the Bill& Melinda Gates Foundation and four family charities comprised 19.61 million Class "B" shares of Berkshire, according to a Thursday...

  • NEW YORK, July 14- Billionaire investor Bill Ackman said on Thursday that he was still betting against Herbalife Ltd shares and that the company needed to make "material changes to its incentive structure." Ackman has waged a four-year campaign against Herbalife, making a $1 billion short bet against it in 2012 and accusing it of running a pyramid scheme which...

  • NEW YORK, July 14- Billionaire investor Bill Ackman said on Thursday that he was still betting against Herbalife Ltd shares and that the company needed to make "material changes to its incentive structure." Ackman has waged a four-year campaign against Herbalife, making a $1 billion short bet against it in 2012 and accusing it of running a pyramid scheme which...

  • Kelly Ayotte is coming under fire from her opponent for accepting donations from Bridgepoint Education, which being investigated by the U.S. Department of Justice. Hassan spokesman Aaron Jacobs, in questioning Ayotte's behavior, referenced fraud allegations against presumptive Republican presidential nominee Donald Trump's failed real estate school,...

  • NEW YORK, July 13- A former investor in the studio behind the "Twilight" movie franchise was arrested on Wednesday on charges that he participated in fraudulent schemes involving a bankrupt technology company called Kit Digital Inc.. Omar Amanat, an investor in media, finance and technology companies, was charged in an indictment filed in Manhattan federal...

  • ATLANTIC CITY, N.J.— The Latest on the ongoing strike by union members against Atlantic City's Trump Taj Mahal casino:. The Atlantic City casino workers union that is on strike against the Trump Taj Mahal casino questions why a company run by billionaire Carl Icahn offers full health care to workers at one casino it owns while insisting that others accept lesser...