Bed Bath & Beyond shakes up board amid investor pressure, co-founders step down
Bed Bath & Beyond Inc said on Monday it appointed five new independent members to its board, replacing some directors including co-founders Warren Eisenberg and Leonard Feinstein, after facing pressure from a trio of activist investors.
Halliburton says pricing bottoming out as U.S. activity rises
Halliburton Co on Monday called the bottom of a pricing downturn that has plagued oilfield services companies and surprised on expectations saying first-quarter activity levels in North America were modestly higher from a year earlier.
Factbox: Elon Musk on Tesla’s self-driving capabilities
Tesla Inc will focus on its autonomous driving system when it hosts its investor day on Monday.
Nissan to reject new integration proposal from Renault: Nikkei
Nissan Motor Co Ltd will reject a management integration proposal from French partner Renault SA and will call for an equal capital relationship, the Nikkei newspaper said on Monday, citing sources.
Bed Bath & Beyond refreshes board, co-founders step down
Bed Bath & Beyond Inc said it appointed five new independent members to its board, replacing some directors including co-founders Warren Eisenberg and Leonard Feinstein, after facing pressure from a trio of activist investors to refresh its board. Shares of the New Jersey-based company rose about 2 percent before the bell.
U.S. will fail to cut Iran oil exports to zero -ministry source to Tasnim agency
The United States will fail to cut Iranian oil exports to zero, as Iran is ready for any U.S. decision to end waivers granted to buyers of Iranian crude, the semi-official Tasnim news agency on Monday quoted an unnamed Iranian oil ministry source as sa…
Exclusive: India hopes U.S. will allow allies to buy some Iranian oil – source
India hopes the U.S. will allow its allies to continue to buy some Iranian oil instead of halting the purchases altogether from May, a source familiar with U.S.-India talks said on Monday.
Bed Bath & Beyond’s co-founders retire from board, adds five new members
Bed Bath & Beyond Inc on Monday said its co-founders and co-chairmen Warren Eisenberg and Leonard Feinstein would retire from the board and the retailer would appoint five independent board directors.
Tesla investigates video of parked Model S exploding in Shanghai
U.S. electric vehicle (EV) maker Tesla Inc said it has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving its cars.
Ghosn lawyer requests bail after ex-Nissan chairman indicted for fourth time
Japanese prosecutors indicted Carlos Ghosn on Monday on another charge of aggravated breach of trust, a Tokyo court said, the fourth charge against the former Nissan Motor Co Ltd chairman, which his lawyers met immediately with a bail request.