Nelson Peltz had campaigned for two seats on Disney’s board of directors, as he sought to shake up the company’s growth plan.
Category: Stocks and Bonds
India Election: What 10 Years of Modi Has Meant for the Economy
Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
How Boeing Favored Speed Over Quality for the 737 Max
Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly.
In the Markets, a Tug of War Between Big Tech and the Fed
On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.
Reddit Rises 48% in First Day of Trading
The social media company’s debut on the New York Stock Exchange was one of the first major tech initial public offerings of the year.
Reddit’s Long, Rocky Road to an Initial Public Offering
The site, a throwback to an earlier era of social media, is poised to go public as soon as next week. It hasn’t been easy to reach this point.
Nature Has Value. Could We Literally Invest in It?
“Natural asset companies” would put a market price on improving ecosystems, rather than on destroying them.
China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’
The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.
Real Estate Giant China Evergrande Will Be Liquidated
After multiple delays and even a few faint glimmers of hope, a Hong Kong court has sounded the death knell for what was once China’s biggest real estate firm.