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56 articles
Elliott said Thursday it has taken a stake in Daikin and wants the Japanese air-conditioning group to lift margins, improve shareholder returns and review non-core assets, opening a fresh test of activist pressure in Japan.[1][2]
A federal jury found Wednesday that Live Nation and Ticketmaster maintained an illegal monopoly in major concert ticketing and overcharged buyers, setting up a remedies fight over damages, venue practices and whether the combined company must be broken up.[1][2][3][4]
Cleveland Fed President Beth Hammack said Wednesday the Fed should stay patient with rates at 3.5%-3.75% while officials weigh inflation pressure tied to tariffs and the Iran war against a labor market she described as roughly balanced.[1][2]
Samsung SDS said KKR will buy $820 million of newly issued convertible bonds and advise on M&A, capital allocation and global expansion, a move that lifted the Korean IT group’s shares sharply and put fresh attention on how South Korea’s AI buildout will be financed.[1][2]
