Cars.com ( CARS ) shares surged Thursday after the online car shopping service said it may explore a sale of the company, just weeks after activist investor Starboard Value pressed management to improve performance. Starboard Value, which owns around 9% of the Chicago-based group, told management in a letter published on December 10 that Cars.com had been losing customers for the past two years, leading to a decline in organic revenues...

It's not every day that the world's richest person gets divorced. Amazon ( AMZN ) investors didn't seem too perturbed by news that Amazon CEO Jeff Bezos and wife Mackenzie Bezos plan to split , which was announced via tweet on Wednesday. Despite widespread coverage of the news and speculation about what it might mean for Amazon, Amazon shares have not moved significantly since the announcement...

The boardroom of Goldman Sachs Group Inc. ( GS ) is finally catching up with the #metoo era. The Wall Street firm, historically man-heavy in its executive suite as well as among directors, said Thursday it had named former U.S. Navy Vice Admiral Jan Tighe to its board. Her appointment boosts the share of women on the board to four out of 14 total directors, or 29%...

Biopharmaceutical giant Gilead Sciences Inc. named Daniel O'Day, who heads Roche Holding AG's pharmaceuticals business, as its next CEO.  The California-based company's board...

Germany's biggest lender has been the subject of persistent takeover speculation following a series of disappointing quarterly earnings and news that activist investor Hudson Executive Capital LP, led by former JPMorgan CFO Douglas Braunstein,...

The Activist Investing Today podcast talked to Jim Chadwick, about Ancora's activist strategy and his recent insurgencies at Hill International and Fleet Management International. In a wide-ranging interview, Chadwick explains how working with Relational Investors Ralph Whitworth and David Batchelder, prior to joining Ancora, was "the most important factor" in his career of activism...

Anyone -- including CEOs -- can tweet, but that doesn't mean everyone should . On Thursday, Tesla ( TSLA ) CEO Elon Musk again made headlines for questionable use of his widely-followed Twitter account when he posted a tweet seeming to insult the SEC , just days after he reached a settlement with the agency over fraud allegations...

Third Point LLC's Dan Loeb has been stirring the pot at Campbell Soup Co. The activist investor wants the full 12-person overhauled and thinks the company is a takeover target, or should at least sell some divisions, like its Pop Secret popcorn and Pepperidge Farms frozen cake brands. The company's stock performance has been weak recently, which could invite an activist eager to make management changes or perhaps see the company broken up or sold, The Deal reported...

P&G's quarter was far from clean. So the question now is, do the mixed results give activist investor and board member Nelson Peltz more firepower to drive changes?...

There is a reason they call Carl Icahn the CEO slayer...

Akamai ( AKAM ) CEO Tom Leighton is fresh off a battle with well-known activist investor firm Elliott Management. Leighton discusses the situation with Elliott and prospects for doing deals with TheStreet...

Not a picture perfect way to end the week for Xerox. A New York Judge late Friday issued an order temporarily blocking Xerox Corp.'s ( XRX ) plan to merge with Fujifilm. At the same time, the judge gave the document technology company's third-largest shareholder permission to move ahead with a change-of-control proxy contest to take over Xerox's board...

An internal review of management behavior at the healthcare company over opioid distribution prompted by complaints from shareholder International Brotherhood of Teamsters gives company officials a clean bill of health...

GE directed TheStreet to its proxy statement, which argues the benefits of a long-tenured auditor, such as KPMG's familiarity with GE's business ... at a large-cap company, according to Charles Elson, the director of the John L. Weinberg Center for Corporate Governance at the University of Delaware...

Wells Fargo & Co. ( WFC ) director Enrique Hernandez Jr. will step down from the company's board in April, following the costliest scandal in the U.S. bank's corporate history and an order by the Federal Reserve to improve risk-management and oversight. But Hernandez, the 62-year-old majority owner of a private-security company he took over from his father, could keep getting riches from his board tenure long after he's gone...

The biggest U.S. companies, which have been promoting women directors amid evidence that gender diversity can lead to better financial results, give those women fewer leadership roles once they're on the board, according to a study. Among lead independent directors in the S&P 1500 in 2015, 57 were female compared with 539 who were men, according to the report, written by Yaron Nili, an assistant professor of law at the University of Wisconsin Law School...

One of two major U.S. proxy advisory firms, Glass Lewis, has recommended shareholders of electric car marker and solar panel installer Tesla Inc. ( TSLA ) vote against a proposal to grant CEO Elon Musk performance-based stock options the company says are worth about $2.6 billion at Tesla's annual meeting set for March 21. Unlike a typical Say for Pay vote, shareholders' votes will be binding for the company, and notably, Elon Musk recused his roughly 20% stake from voting...

An activist shareholder proposal seeking to press Amazon.com ( AMZN ) to improve the diversity of its board in the wake of sexual harassment allegations against a former executive is expected to come to a vote at the internet giant's annual meeting expected in May...

United Parcel Services Inc. ( UPS ) shares have been on a downward trajectory for most of the month of February, following another lackluster quarter. Most recently, the shipping giant's shares fell on news that Amazon.com ( AMZN ) may launch a delivery service for businesses, a prospect that could eat into UPS's profits...

Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware, believes that directors should serve for approximately 15 years, but acknowledges that there are going to be circumstances where a director will serve longer than that. He said that setting ...

On June 7th, Jim Cramer and The Deal will host " Corporate Governance 2018," an exclusive gathering of corporate decision makers and their key advisers to discuss the best strategies to meet and master the latest and most critical challenges in managing their companies to maximize shareholder ...

The chipmaker added that it was willing to meet and talk about it, but regulatory and activist-related complications abound...

However, for now, he added, that the fundamentals of U.S. companies are sound, especially following sweeping corporate tax break legislation ... Also, Charles Elson, director of the Center for Corporate Governance at the University of Delaware, noted that it now will be that much cheaper for an activist ...