Jackson said he believes his plan will unlock billions of dollars of value in Yahoo, ultimately taking the stock price from $35 to $113, helped by Yahoo’s stakes in Alibaba and Yahoo Japan. The investor wrote that Yahoo needs to start selling parts of its business off now...
North Las Vegas has been courting Faraday for its Apex Industrial Park, where medical marijuana growers have helped transform 2,000 acres (809 hectares) of vacant desert into a site with water and power lines suitable for development.
U.S. Defense Secretary Ash Carter, left, and Joint Chiefs Chairman Marine Corps Gen. Joseph Dunford Jr. testify before a House Armed Services Committee hearing on “U.S. Strategy for Syria and Iraq”, in Washington, Dec. 1, 2015.
The Fed slashed interest rates to zero in December 2008 to stimulate the economy and boost the housing market during the depths of the Great Recession.
Speaking to an Assembly of First Nations (AFN) special chiefs gathering in Gatineau, Quebec, the Liberal leader announced that his government had begun the process to create the long-awaited national inquiry into the almost 1,200 indigenous women and girls who have been murdered...
Companies and government agencies added 211,000 jobs last month while the pace of hiring in October and September was stronger than previously reported, the Labor Department said.
The demands from SpringOwl Asset Management and Canyon Capital Advisors reflect shareholders’ frustration with Yahoo CEO Marissa Mayer’s inability to revive the company’s revenue growth after three-and-half years on the job.
The OPEC report was the first since the cartel decided last week to raise its production ceiling to 31.5 million barrels of oil per day, to reflect the “current actual production”, a move that sent oil prices plummeting.
Shares in one of its core investments, Shanghai Fosun Pharmaceutical, also tumbled Monday, and other group stocks that had been under a trading stoppage Friday sold off as well.