Activist investor Starboard Value has taken steps to dissolve News Corp’s dual-class share structure, potentially threatening the Murdoch family’s control over the Wall Street Journal parent company. This move was made through a non-binding shareholder resolution, indicating a significant push for change within the company. News Corp’s current structure, giving Rupert Murdoch almost 40% control
Gone are the days when coupons were only found in Sunday circulars. In today’s digital age, consumers have a plethora of options to save money, from online codes to browser extensions and money-saving apps. According to a recent study by SimplyCodes, Friday emerges as the best day for consumers to save money while shopping online.
The real estate market has been witnessing a significant shift in recent times. Though the supply of homes for sale is still lower than historical standards, it is quickly rising. According to a report from Realtor.com, active listings in August saw a 36% increase compared to the same month last year, marking the 10th consecutive
The Green Bay Packers, a storied National Football League franchise, stands out among its counterparts for its unique ownership structure. Unlike the other 31 NFL teams, the Packers operate more like a publicly traded company, with ownership dispersed among individual stockholders. This unorthodox model sets them apart as the lone publicly owned team in the
China’s former head of the People’s Bank of China, Yi Gang, emphasized the importance of prioritizing domestic demand in order to combat deflationary pressures during his speech at the Bund Summit in Shanghai. He pointed out that the key to improving the situation lies in addressing the real estate market as well as local government
In the world of professional football, team valuations play a crucial role in determining the overall success and financial standing of a franchise. CNBC’s Official NFL Team Valuations provide insight into the intricate financial workings behind the scenes of the NFL. With senior sports reporter Michael Ozanian at the helm, these rankings take into account
Vice President Kamala Harris has recently outlined her economic agenda, which includes higher taxes on wealthy Americans and corporations. She has endorsed President Joe Biden’s proposed tax increases in his fiscal year 2025 budget, specifically supporting a 25% minimum tax on total income exceeding $100 million. This proposal, known as the billionaire minimum tax, aims
Volvo Cars, a Swedish automaker with a majority ownership by China’s Geely Holding, recently announced that it is adjusting its margin and revenue targets due to the complexities surrounding global trade and tariffs. The company is now aiming for an EBIT margin goal of 7-8% by 2026, which is lower than its previous target of
Visa recently announced its plans to introduce a dedicated service for account-to-account (A2A) payments, revolutionizing the traditional payment methods that involve credit cards and direct debits. This innovative service aims to provide consumers with more control, security, and convenience when making online purchases, ultimately enhancing their overall payment experience. One of the key benefits of
London landlords are facing a crisis as they are selling their buy-to-let properties at an alarming rate. The current situation has been attributed to anticipated tax hikes from the U.K. Labour government, which are putting pressure on what was once a lucrative investment sector. Data published by property portal Rightmove revealed that almost one-third of