Delaware judge orders Papa John’s to turn over documents to founder
A Delaware judge said on Tuesday Papa John’s International Inc must turn over internal documents to the company’s founder who has been seeking to reassert control over the pizza delivery chain after he resigned as chairman in July.
Ex-employee of proxy solicitor Georgeson convicted of fraud
A former senior managing director of a firm that advises companies on shareholder votes was convicted on Tuesday of participating in a scheme to bribe a proxy adviser’s employee with sports and concert tickets to learn how its investor clients were vot…
White House considering former PepsiCo CEO, Treasury official to lead World Bank: source
The White House is considering former PepsiCo Inc Chief Executive Indra Nooyi, Treasury Department official David Malpass and Overseas Private Investment Corp CEO Ray Washburne among candidates to head the World Bank, an administration official said o…
White House considering Nooyi, Malpass, Washburne as World Bank candidates: administration official
The White House is considering former PepsiCo Inc Chief Executive Indra Nooyi, Treasury Department official David Malpass and Overseas Private Investment Corp CEO Ray Washburne among candidates to head the World Bank, an administration official said o…
Wall Street rises as Netflix boosts tech, internet stocks
U.S. stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc’s plans to raise fees for U.S. subscribers and hopes of more stimulus for China’s slowing economy fostered a risk-on mood among investors.
Oil rises about 3 percent on economic stability hopes
Oil prices rose about 3 percent on Tuesday, along with world stock markets, supported by China’s plan to introduce policies to stabilize a slowing economy, reversing the previous session’s losses due to grim data in the world’s second-largest economy.
PG&E misses interest payment; bonds, shares dive
PG&E Corp bonds and shares plummeted after the California power company failed to make a $21.6 million interest payment due Tuesday on its 2040 senior notes, as it planned to seek Chapter 11 bankruptcy protection.
Best U.S. fund managers of ’18 buying healthcare, pot stocks as market wobbles
The top-performing U.S. growth fund managers of the last year are taking the recent slide in the U.S. stock market to add to their bets in companies they expect will continue to expand regardless of the direction of the overall economy.
McDonald’s loses ‘Big Mac’ trademark case to Irish chain Supermac’s
McDonald’s Corp has lost its rights to the trademark “Big Mac” in a European Union case ruling in favor of Ireland-based fast-food chain Supermac’s, according to a decision by European regulators.
Shoe retailer Payless to explore options, including sale: sources
U.S. discount retailer Payless ShoeSource Inc has hired an adviser to help evaluate strategic alternatives, including a sale or restructuring, less than 18 months after it emerged from bankruptcy, people familiar with the matter said on Tuesday.
