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Bill Ackman"s Pershing Square cashes out of Nike, earning around $100M

Bill Ackman's Pershing Square Capital Management LP (AMS: PSH) has reportedly cashed out his stake in Nike Inc. (NYSE: NKE), according to the Wall Street Journal. The investment likely earned the New York-based hedge fund around $100 million. P.....»»

Category: topSource: bizjournalsMar 22nd, 2018

The Wall Street Journal: Weinstein Co. to file bankruptcy as part of asset sale to investment firm

Dallas-based investment firm Lantern Capital has struck a deal to purchase the assets of Harvey Weinstein’s film and TV studio in a transaction that requires the troubled entertainment company to file for bankruptcy......»»

Category: topSource: marketwatchMar 19th, 2018

Vice Media's Shane Smith Passes CEO Title to A+E's Nancy Dubuc - Wall Street Journal

Wall Street JournalVice Media's Shane Smith Passes CEO Title to A+E's Nancy DubucWall Street JournalNancy Dubuc won the Emmy's Governors award poses in Los Angeles on Sept.....»»

Category: topSource: googlenewsMar 13th, 2018

The Wall Street Journal: A+E CEO Nancy Dubuc may take over Vice Media, replacing Shane Smith


Category: topSource: marketwatchMar 12th, 2018

The Wall Street Journal: Vice investors getting antsy for company to turn a profit as cable TV struggles

Vice Media is facing uncertainty in its executive ranks at a pivotal moment, as the digital media company tries to rebound from a substantial revenue miss last year and fend off shareholders pressing for an exit......»»

Category: topSource: marketwatchFeb 7th, 2018

Sprint chairman engages Warren Buffett for possible investment: WSJ

(Reuters) - Sprint Corp's chairman, Masayoshi Son, has engaged in talks with Berkshire Hathaway Inc's Warren Buffett and media mogul John Malone to discuss a potential investment in the U.S. wireless company, the Wall Street Journal reported on Friday......»»

Category: topSource: reutersJul 14th, 2017

The Wall Street Journal: Sinclair to sell 23 TV stations to clear path for Tribune purchase

Sinclair Broadcast Group Inc. has reached deals to sell nearly two dozen television stations as it works to get regulators to sign off on its purchase of Tribune Media Co......»»

Category: topSource: marketwatchApr 24th, 2018

The Wall Street Journal: ComScore taps Bryan Wiener CEO as it looks to move beyond accounting issues

ComScore Inc. has tapped board member and digital agency veteran Bryan Wiener as its new chief executive, as the media-measurement company tries to move past years of accounting irregularities......»»

Category: topSource: marketwatchApr 23rd, 2018

The Wall Street Journal: Dozens killed by suicide bomber at Afghan voter-registration center

A suspected Islamic State suicide bomber struck a voter-registration center in the Afghan capital on Sunday, killing at least 52 people in an attack aimed at inciting sectarian strife and undermining long-delayed parliamentary elections......»»

Category: topSource: marketwatchApr 22nd, 2018

National Enquirer Parent, Staunch Trump Backer, Faces Mounting Debt, Shrinking Sales

American Media Inc., publisher of the National Enquirer supermarket tabloid, faces ballooning debt, falling revenue and shrinking newsstand sales, according to company reports reviewed by The Wall Street Journal......»»

Category: smallbizSource: wsjApr 19th, 2018

No Overwhelming Support for More Online Regulation, Poll Finds

Congress has held high-profile hearings on Facebook and is debating new regulation of social media companies, but a Wall Street Journal/NBC News poll finds that Americans have only a limited appetite for new government oversight of social media companies......»»

Category: smallbizSource: wsjApr 17th, 2018

The Wall Street Journal: Facebook workers’ median pay tops $240,000

Facebook Inc. employees earned a median pay package of more than $240,000 last year while Chief Executive Mark Zuckerberg’s total compensation was more than $8.8 million, according to the social-media company’s 2017 proxy......»»

Category: topSource: marketwatchApr 16th, 2018

The Wall Street Journal: Trump pardons ex-Cheney aide Scooter Libby

President Donald Trump said Friday he has pardoned a former top aide to Vice President Dick Cheney, I. Lewis ‘Scooter’ Libby......»»

Category: topSource: marketwatchApr 13th, 2018

The Wall Street Journal: Trump reportedly set to pardon Scooter Libby

President Donald Trump is reportedly prepared to pardon Scooter Libby, the former chief of staff for Vice President Dick Cheney......»»

Category: topSource: marketwatchApr 13th, 2018

The Wall Street Journal: Tech firms Eventbrite and Upwork prepare to go public

A pair of technology firms—Eventbrite and Upwork—have taken steps toward going public in the U.S., the latest sign that more privately held, richly valued companies see the initial-public-offering market as an attractive venue for raising capital......»»

Category: topSource: marketwatchApr 12th, 2018

The Wall Street Journal: At least 257 perish in Algerian military-plane crash — world’s largest aviation toll in 4 years

At least 257 people were killed when an Algerian military plane crashed outside the capital Algiers on Wednesday morning, the Defense Ministry said, the world’s deadliest aviation disaster for almost four years and the nation’s worst ever......»»

Category: topSource: marketwatchApr 11th, 2018

The Wall Street Journal: FCC appears wary of Sinclair plans for purchase of Tribune Media

Sinclair Broadcast Group Inc. is encountering resistance from the Federal Communications Commission as it seeks approval for its $3.9 billion acquisition of Tribune Media Co.....»»

Category: topSource: marketwatchApr 10th, 2018

As Zuckerberg Prepares to Testify, Questions Grow Over How to Protect Data - Wall Street Journal

Wall Street JournalAs Zuckerberg Prepares to Testify, Questions Grow Over How to Protect DataWall Street JournalCongress has been contemplating the best way to regulate social-media platfo.....»»

Category: topSource: googlenewsApr 9th, 2018

The Wall Street Journal: Syrian air base reportedly struck by missiles, state TV reports

Pro-regime Syrian media said the direction of the strikes indicated Israel might be behind the attack, saying the Syrian military responded by shooting down eight incoming missiles.....»»

Category: topSource: marketwatchApr 9th, 2018

Wells Fargo"s restructuring plans could lead to layoffs

Wells Fargo & planning to continue consolidation of corporate and investment banking as it tries to rein in costs and regain traction with customers whiplashed by a series of scandals, according to a Thursday report in The Wall Street Journal......»»

Category: topSource: bizjournalsApr 6th, 2018