Viewsroom: Coal bust, Bank earnings, Millennial media
Peabody Energy’s bankruptcy gives Big Oil a glimpse into the future, while energy losses are just one issue U.S. lenders have to contend with. Plus: startup news outlets face age-old problems.
Peabody Energy’s bankruptcy gives Big Oil a glimpse into the future, while energy losses are just one issue U.S. lenders have to contend with. Plus: startup news outlets face age-old problems.
Opposition to anti-LGBT state laws is growing: PayPal nixed a new North Carolina office; Apple, Google and Facebook won’t invest more in the state. Rocker Bryan Adams refuses to play in Mississippi….
A U.S. judge tossed the insurer’s designation as a systemically important financial institution because a regulator couldn’t keep its story straight. FSOC said it both had and hadn’t changed its…
The Pfizer-Allergan deal comes to a screeching halt, while a document dump exposes the elite’s offshore tax finagling. Plus: An heir apparent loses the keys to the Magic Kingdom.
The music-streaming service picks a golden-oldie CEO, while the mega-insurer sheds its too-big-to-fail tag. Plus: Even Wall Street pros can fall prey to determined swindlers.
The funky pharma firm is coming to grips with mortality, while China’s Anbang gobbles up U.S. hotels at high prices. Plus: Corporate America gets a Supreme Court nominee it can live with.
Gender quotas for directors don’t work, a new study finds. And who’s policing high-tech lenders and payments firms? Plus: the late Solomon Brothers boss changed Wall Street forever.
Courts have upheld assault-weapons bans, adding heft to a Connecticut suit that tests laws shielding firearms firms from liability. The case is still a stretch, but growing assent to gun-rights…
Trump and Hillary Clinton bash banks while taking their money, and the controversial investor sticks it out at Valeant and Herbalife. Plus: aging telecoms shake up cable TV.
The Minnesota Fed boss shocked colleagues with a call to break up the banks, and the satellite TV firm has left investors confused. Plus: How the Supreme Court justice’s death affects Corporate…
The president offered holdout creditors a 25 pct discount on $9 bln of defaulted debt. Two agreed. Hedge fund Elliott is holding out; Argentina’s Congress and a U.S. judge must OK any deal. But a…
Internet-retailer Amazon embraces bricks and mortar, while the soap opera around Viacom’s aged founder continues. Plus, panic over the dangerous virus is Brazil’s Achilles heel.
The social media giant rode mobile ads to riches, while Jack Dorsey’s company watched bosses head for the exits. And Apple may be stuck in iPhone purgatory. All on the Viewsroom tech edition.
For some economies and businesses, the year could be a stairway to heaven. For others, it may turn into a highway to hell. From the U.S. election to Britain’s possible exit from the EU, upheaval at…
There may never be a better time for Latin America’s No. 3 economy and the hedge fund to end a 14-year spat over defaulted bonds. New President Macri needs access to global debt markets; another…
A U.S. court reversed an ex-Jefferies trader’s fraud conviction, saying his fibs may not have swayed investors. The same court has smacked enforcers for stretching fuzzy rules to nail insider traders…
Enforcers stopped GE’s sale of its ovens business to Electrolux, put the lid on a canned tuna union and may yet erase Office Depot’s sale to Staples. Some health insurance mergers may be at risk,…
Delaware’s top court chided RBC in its upholding of a $76 mln penalty against the firm for working both sides of a deal. In a footnote, though, the tribunal toned down a lower court’s notion that…
A firm backed by hedge fund Elliott is bankrolling a case claiming the carmaker duped shareholders. There are other customer and investor actions, too. The financial muscle makes huge awards more…
A U.S. judge has ordered lawmakers to cough up evidence about a dodgy tip, ending more than a year of stonewalling and bogus claims of immunity. With Capitol Hill contemplating an even stronger ban…