A multimillion-dollar, mud-slinging battle over Walt Disney’s future will officially end on Wednesday when the company is expected to announce that shareholders rejected two hedge fund bids to shake up the entertainment giant’s board.
Dave Calhoun, outgoing CEO of Boeing , will not stand for re-election to the board of Caterpillar at the company’s 2024 annual shareholders meeting, the construction equipment maker said in a regulatory filing on Wednesday.
U.S. stock index futures were marginally lower on Wednesday as jittery investors awaited more data and comments from Federal Reserve Chair Jerome Powell after strong readings on the U.S. economy tempered bets on interest rate cuts this year.
Hedge funds capped the first quarter with gains across different strategies, as a rally in stocks, some commodities and the dollar helped the industry weather a less shiny period for bonds, investors said.
Greece has approved the purchase of 35 UH-60M Blackhawk helicopters from U.S defence contractor Lockheed Martin Corp in an effort to modernize its armed forces, two people with knowledge of the deal told Reuters.
Standard Chartered has picked new regional heads, according to a person with knowledge of the matter, as the Asia-focused bank undergoes a major management reshuffle in its corporate and investment banking business (CIB) business.
