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Why Nelson Peltz Grew Impatient With Disney's Turnaround Efforts
The activist adds shares, while the company plans changes to ESPN, Hulu and its streaming business. Source link
The Billionaire Keeping TikTok on Phones in the U.S.
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Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine
Commodity merchants are pumping billions of cubic meters of natural gas into Ukrainian reservoirs, hoping the war doesn’t disrupt potential profits. Source link
Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.
Listen to article (2 minutes) In 2020, Carl Icahn tapped his son, Brett, to eventually take over his eponymous investment empire, whose value had surged
Superconductors' Viral 'LK-99' Moment Takes Investors for a Wild Ride
Share prices skyrocket, then sink, for companies that don’t even have a direct link to room-temperature superconductors. Source link
$2 Billion Default Followed Warnings to Everyone but Investors
Beneficient executives and board directors headed for the exits over signs of trouble—long before a financial blowup that is now under investigation by the SEC
He Went to Prison for Crypto Crime. Now He's an Advocate for Compliance.
Charlie Shrem, a co-founder of the defunct BitInstant, was one of the first bitcoin millionaires and one of the first to do time for crypto
Bankrupt FTX Sues Sam Bankman-Fried, Others to Recoup More Than $1 Billion
The latest lawsuit by new management alleges that transfers of corporate assets were made for the benefit of the co-founder and others. Source link
Blackstone Reaches $1 Trillion in Assets
The private-equity firm is the first among its publicly traded peers to hit that mark. Source link
Charles Schwab Survived the Deposit Crisis. What Comes Next?
Charles Schwab is best known as the largest publicly traded U.S. brokerage firm, but it also runs a large bank that isn’t quite too big