Money Report

The hedge fund said it was seeking a deal to “enhance shareholder value” that could include an acquisition or merger, according to the filing.

The letter comes after a Supreme Court draft decision that would reverse Roe v. Wade was published by Politico.

The Federal Trade Commission is launching an investigation into whether mergers in the baby formula industry contributed to the current shortage.

These are the stocks posting the largest moves in extended trading.

Carlos Tavares expects a shortage of electric vehicle batteries by 2024-2025, followed by a lack of raw materials by 2027-2028.

Caroline Dennett emailed 1,400 executives at the oil and gas conglomerate, Shell, to announce her resignation.

CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for “long-awaited occasions.”

Carnival is in preliminary discussions to sell its Seabourn luxury cruise brand to the Saudi sovereign wealth fund, sources say.

Australian businesses and their investors globally will be keeping a close watch on the newly elected government’s climate change policies.

Starting June 1, a selection of Allbirds shoes, including its signature wool sneakers, will be available for sale in 14 Nordstrom locations.

Tne move is the latest punishment imposed by the Biden administration on Russia for its invasion of Ukraine.

If you want to allocate some of your 401(k) to cash, one safe alternative to a money market fund is a stable value fund.

The NFL and Pepsi officially renewed their 40-year relationship, but Super Bowl halftime rights are going back on the market.