This year, six well-known U.S. companies, including Take-Two Interactive Software Inc, Yahoo Inc and General Growth Properties Inc, agreed to buy back shares held by activist investors who push for change at corporations they believe to be subpar.» Read More
July 5- Gay couples rejoiced last week when the Supreme Court struck down the Defense of Marriage Act and cleared the way for federal recognition of same sex-marriages. That's something Jason Dottley, a Los Angeles pop singer and actor, would like to see. He filed for divorce in April 2012 from his husband, Del Shores, a film director and playwright.
NBC's Pete Williams reports on the victory for same-sex marriage; and Jeffrey Tanenbaum, Nixon Peabody, and Carly Fiorina, Former Hewlett-Packard CEO, discuss.
At issue in the case were the estate taxes a New York lesbian widow owed upon her wife Thea Spyer's death in 2009. Because they were gay, surviving spouse Edith Windsor missed out on a lucrative tax break- the exemption from the federal estate tax on wealth passed from one spouse to another.
*Justices pave way for same-sex marriage in California. WASHINGTON, June 26- The U.S. Supreme Court delivered a landmark victory for gay rights on Wednesday by forcing the federal government to recognize same-sex marriages in states where it is legal and paving the way for it in California, the most populous state.
CHICAGO, June 26- The U.S. Supreme Court's decision striking down a key provision of the Defense of Marriage Act means that the spousal benefits of the two most important U.S. retirement programs- Social Security and Medicare- will be extended to married, same-sex couples.
WASHINGTON, June 26- Same sex couples are rejoicing after today's Supreme Court ruling declaring the Defense of Marriage Act unconstitutional. "It will be less costly to be gay," said Debra Neiman, an Arlington, Massachusetts, financial adviser and author of "Money Without Matrimony."
The Federal Defense of Marriage Act was struck down by the U.S. Supreme Court. CNBC's Hampton Pearson reports from now on, in the 12 states where gay marriage is legal, same-sex couples must receive equal access to federal protection and benefits.
JPM's Jamie Dimon and others weighs in on the Supreme Court's decision to strike down the Defense of Marriage Act.
The high court has decided 5-4 to send the case back to a lower court for further review, reports CNBC's Hampton Pearson.
The high court struck down a key provision of the Federal Defense of Marriage Act, ruling it violates the Fifth Amendment, reports CNBC's Hampton Pearson.
CNBC's Hampton Pearson reports on the high court 5-4 decision on the Federal gay marriage law. Vikram Amar, UC Davis School of Law, weighs in on the ruling.
LONDON, June 26- Indonesia- focused coal miner Bumi Plc has struck a deal with the former head of its Berau subsidiary to recover $173 million, most of the cash it said last month had been lost at the unit.
NEW YORK, June 21- Former fund manager John Mattera was sentenced to 11 years in prison on Friday, after pleading guilty of defrauding investors of $13 million with a story that he put their money in Facebook Inc and Groupon Inc shares before the companies went public.
"Power Lunch" panel Kayla Tausche, Robert Frank, Kate Kelly, and Eamon Javers look back at this past week's top news stories, including turmoil in Turkey, Rupert Murdoch's divorce announcement, and President Obama's expensive trip to Africa.
Divorce attorney Douglas Kepanis and CNBC's Robert Frank, take a look at the lack of a pre-nup agreement in the nation's most costly divorce.
If history is any indication, the billionaire's divorce from his third wife will cost him plenty, reports CNBC's Robert Frank.
Media mogul Rupert Murdoch is getting divorced from his wife Wendi Deng Murdoch. Sarah Ellison, Vanity Fair, and CNBC's Robert Frank discuss.
A look at footage from 2011, when Deng lunged at a man who was trying to throw a pie at Rupert, with CNBC's Robert Frank.
CNBC's Robert Frank reports on the split of Rupert Murdoch and wife Wendi Ding, who were married in 1999.
As the real estate and employment markets improve, people are not longer stuck in houses they've outgrown or jobs they can't stand—and they're shedding other baggage as well.