Bill Ackman’s hedge fund had a brutal month
Bill Ackman’s Pershing Square Capital, got pounded in September. The hedge fund was the best-performing last year, returning 40.4%. Last month the fund’s publicly traded vehicle, fell 12.5% for the More...
Exclusive To Reuters: Lockheed to buy United Tech’s Sikorsky for over $8 billion
Lockheed Martin Corp (LMT.N) has agreed to buy United Technologies Corp’s (UTX.N) Sikorsky Aircraft for over $8 billion, two sources said on Sunday, cementing a deal that would confirm Lockheed’s More...
Best Buy Surges on Apple Wave
Best Buy’s US sales figures in the first quarter went up by 0.6 percent, beating the market prediction of a decline of 0.4 percent. The rise in revenue comes as surprise to market watchers who have been More...
Moody’s Cuts Chicago’s Debt Status to Junk: Rahm Emanuel Furious
– – Moody’s has downgraded the City of Chicago’s status to junk. This is yet another blow to the City’s less than successful Mayor Rahm Emanuel. The move could force Chicago into an accelerated More...
Rona Fairhead Loses Her Seat in HSBC Board Reshuffle
Rona Fairhead, who was criticized or doing double duty as chair of the BBC Trust and board member of HSBC at a time when the BBC is considering reorganizing and the Swiss bank is facing scandals, More...
Mayim Bialik Promotes Science and Technology Initiative for Texas Instruments
Mayim Bialik, brand ambassador for Texas Instruments, is pomoting STEM Behind Hollywood, an effort involving TI and the National Academy of Sciences to stimulate interest in science and technology careers, More...
Businessman Claims his Objection to Rona Fairhead as BBC Chief Was Suppressed
The BBC scores a point for objectivity in reporting when an interview questioning Rona Fairhead’s suitability for the job as chair of the BBC Trust while moonlighting at scandal-ridden HSBC, might More...