(Reuters) - Twitter Inc (TWTR.N) said on Monday it would pay $809.5 million to settle a shareholder class action lawsuit accusing the social media company of deceiving investors about how often people used its platform...
(Reuters) - More than half of 530 corporate executives have little or no confidence in the reliability and maturity of their environmental, social and corporate governance (ESG) programs, according to a global survey from corporate governance advocacy non-profit OCEG...
Activist investment firm Jana Partners has called on internet phone company Vonage Holdings Corp to hire advisers to explore strategic alternatives, including a possible sale of all or parts of its business, Bloomberg News reported on Tuesday...
From Colonial Pipeline, to Acer, to JBS USA, cyberattacks have dominated the headlines throughout 2021. These attacks have become more sophisticated, more costly, and more harmful than ever due to the very real threat of cybercriminals stealing an organization's (and customers') sensitive information...
(Reuters) - Madison Square Garden Entertainment shareholders have accused the company’s board of “utterly failing” to protect the company and shareholders' interests by completing the merger with MSG Networks Inc...
BOSTON, Aug 11 (Reuters) - Two powerful proxy advisory firms support an activist investor's proposal to overhaul the financial structure at auto service company Monro Inc (MNRO.O), according to reports seen by Reuters, paving the way for all shareholders to have a say on hot-button issues where one person now has veto power...
MELBOURNE, Aug 11 (Reuters) - BHP Group Ltd (BHP.AX) said on Wednesday it would allow a vote at its next shareholder meeting on whether the world's biggest listed miner should disclose details such as capital allocation and life of its fossil fuel assets...
LONDON, Aug 5 (Reuters) - Glencore (GLEN.L) will return $2.8 billion to shareholders in 2021 after soaring commodity prices helped the mining and trading company to a record performance for the first six months of the year, it said on Thursday...
(Reuters) - SolarWinds Corp urged a Texas federal judge to dismiss a lawsuit alleging the software company that was targeted by hackers misled shareholders about its cybersecurity measures ahead of a massive breach...
(Reuters) - Victoria’s Secret parent company L Brands Inc has agreed to settle Ohio and Delaware lawsuits that accused its board of allowing a “culture of harassment,” including by maintaining ties to convicted and now-deceased sex offender Jeffrey Epstein...
July 29 (Reuters) - Canadian Pacific Railway Ltd (CP.TO) on Thursday asked Kansas City Southern (KSU.N) shareholders to vote against a deal with Canadian National Railway Co at a meeting next month...
BOSTON, July 27 (Reuters) - Corporate diversity has become the most common type of sustainability metric used in setting executive pay, a new study found, as companies look to increase the share of women and minorities in their workforces...
July 21, 2021 - Unlike a public company, Private Equity (PE) portfolio company executives will be negotiating terms and conditions of employment that are driven by time and performance and achieving growth and liquidity...
Energy-focused private equity firm Kimmeridge Energy Management Co LLC on Tuesday released a white paper that criticized high executive compensations by U.S. oil producers in a year that marked one of the industry's worst downturns...
PARIS, June 21 (Reuters) - French media group Vivendi (VIV.PA) will seek investor support on Tuesday to spin off its prized Universal music business, a plan criticised by activist funds for benefiting top shareholder Vincent Bollore more than smaller investors...
TOKYO, June 21 (Reuters) - Japan's Toshiba Corp (6502.T) on Monday promised to drastically improve corporate governance and, ahead of a crucial shareholder meeting this week, released an internal report that had cleared management of wrongdoing...
TOKYO, June 18 (Reuters) - Toshiba Corp (6502.T) Board Chairman Osamu Nagayama pledged to be "an agent of positive change, not a protector of the status quo," as he sought support from shareholders ahead of a crucial vote on director nominees next week that is seen as difficult to call...
TOKYO (Reuters) - The chairman of Toshiba Corp, facing calls to resign amid a corporate governance scandal, said he may step down after revamping its board and appointing a new CEO, according to the Wall Street Journal...
HOUSTON (Reuters) - The recent overhaul of Exxon Mobil Corp’s board of directors could shift billions of dollars in spending and strategy over several years, but any changes likely will take time, analysts and investors say...
TOKYO (Reuters) - Proxy adviser Glass Lewis has urged SoftBank Group Corp shareholders to oppose the election of corporate lawyer Ken Siegel to the board of directors due to his professional ties with the Japanese conglomerate...
Dutch parliamentarians upset at the level of executive pay at U.S. travel firm Booking Holdings Inc (BKNG.O) on Wednesday asked the government to investigate whether the company could be forced to repay some $78 million in pandemic financial support...
Activist investor Elliott Management owns a large stake in Dropbox (DBX.O) and has been holding private discussions with the file-sharing service provider for some time, a source familiar with the matter said on Wednesday...
Exxon Mobil Corp (XOM.N) shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company’s board, the company said on Wednesday, extending the firm’s upset victory at one of America’s top energy corporations...
A tiny hedge fund dealt a major blow to Exxon Mobil Corp (XOM.N) on Wednesday as shareholders elected at least two of the fund’s nominated directors to the oil giant’s board after a months-long battle over the company’s carbon footprint and growth plans...