Activist investor Starboard Value, which now owns 9per cent of ACI Worldwide Inc, views the payment systems company as an "attractive" takeover candidate, the hedge fund's chief Jeffrey Smith said at a conference on Thursday.
The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday said it is seeking public comment on a proposal to modify rules governing the access and use of consumer financial data which is collected by a growing number of online financial institutions.
Walmart Inc said on Thursday it was suing the U.S. Justice Department and the Drug Enforcement Administration to seek clarity on the roles and responsibilities of pharmacists and pharmacies in the opioid epidemic.
Research shows that when it comes to paying more for climate friendly products, sometimes our words speak louder than our actions, says an observer.
Unauthorised money lending in Singapore has come under the radar but the solutions may be social more than financial in nature, says SMU Associate Professor of Law Christopher Chen.
Although investors always fear a bubble, the rational explanation is even more alarming, says the Financial Times’ Robin Harding.
Joe Biden's campaign has privately told U.S. miners it would support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan, according to three sources familiar with the matter, in a boon for the mining industry.
Intel on Thursday (Oct 22) missed third-quarter revenue estimates for its data-centre chip unit as the COVID-19 pandemic crippled sales to government and business customers, sending its shares down 10 per cent.
US companies' borrowings for capital investments fell about 13 per cent in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday (Oct 22).
Shares on Wall Street ended higher on Thursday in choppy trading, as investors cheered the prospect of more fiscal stimulus to support a pandemic-damaged U.S. economy, with more data pointing to a slowing labor market recovery.
