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Tag: shareholders

WASHINGTON, DC - MAY 1: UnitedHealth CEO Andrew Witty testifies before the Senate Finance Committee on Capitol Hill on May 1, 2024 in Washington, DC. In February hackers stole health and personal data of what UnitedHealth says is "potentially a substantial proportion" of patient information from its systems. (Photo by Kent Nishimura/Getty Images)

UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’

UnitedHealth Group Inc. CEO Andrew Witty is stepping down from his role, effective immediately, citing “personal reasons” — according to a company announcement that was made on Tuesday. 

Read More UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’
The new vMVPD company is "projected to be well-capitalized and cash-flow positive immediately after the closing of the Transaction," they said. Fubo shares surged Monday on the news.

Disney’s Hulu Live + TV And Fubo Announce Partnership

OAN Staff James Meyers3:18 PM – Monday, January 6, 2025 Disney and FuboTV on Monday announced a planned merging of Hulu Live +…

Read More Disney’s Hulu Live + TV And Fubo Announce Partnership
Unionized grocery store workers rally to oppose the proposed merger between Kroger and Albertsons outside a Ralph's supermarket in Los Angeles on April 13, 2023, out of concern for less competition, increasing food prices and putting union jobs at risk. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

Albertsons Scraps Merger, Files Lawsuit Against Kroger

A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over its rival Albertsons, ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid. 

Read More Albertsons Scraps Merger, Files Lawsuit Against Kroger
Facebook, U.S. flag and Judge gavel are seen in this illustration taken, August 6, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

US Supreme Court tosses case involving securities fraud suit against Facebook

The Supreme Court sidestepped a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Facebook of misleading investors.

Read More US Supreme Court tosses case involving securities fraud suit against Facebook
Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. REUTERS/Aly Song//File Photo

Tesla investors to urge judge to reject record $7 bln legal fee in Musk pay case

The record fee request was made by investor Richard Tornetta on behalf of three law firms that represented him, including Bernstein Litowitz Berger & Grossmann.

Read More Tesla investors to urge judge to reject record $7 bln legal fee in Musk pay case
WASHINGTON, DC - SEPTEMBER 28: The Guardian or Authority of Law, created by sculptor James Earle Fraser, rests on the side of the U.S. Supreme Court on September 28, 2020 in Washington, DC. This week Seventh U.S. Circuit Court Judge Amy Coney Barrett, U.S. President Donald Trump's nominee to the Supreme Court, will begin meeting with Senators as she seeks to be confirmed before the presidential election. (Photo by Al Drago/Getty Images)

SCOTUS Rejects Challenge To Tax On Foreign Corporate Investments

On Thursday, the Supreme Court of the United States (SCOTUS) rejected a challenge to a 2017 tax law passed by Congress. 

Read More SCOTUS Rejects Challenge To Tax On Foreign Corporate Investments

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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