The veteran activist’s recent letter to the retailer’s board sets the table for a battle.
Disney’s “Avatar: The Way of Water” has topped $2 billion at the global box office, marking the third James Cameron film to reach this benchmark.
Dan Loeb’s hedge fund expects the retailer can resolve many of its issues by bringing more experience to Bath & Body work’s board.
India is set to overtake Japan and Germany to become the world’s third-largest economy, according to S&P Global and Morgan Stanley.
Mortgage rates continue to ease, but demand is not following, as there are few who can benefit from a refinance, and homebuyers are still facing high prices.
The third-quarter contraction was less than the -0.5% expected by analysts.
The Covid-19 vaccine maker reported a net loss of more than $169 million for the third quarter, compared to a loss of $322 million in the same period last year.
Barclays on Wednesday reported an unexpected rise in third-quarter earnings on the back of strong trading revenues, despite a continued drag from a costly U.S. trading error.
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