Pershing Square up 31.9 percent, Ackman says stable capital base to help firm

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Hedge fund manager William Ackman said in his annual letter to shareholders that his Pershing Square Holdings fund has gained 31.9 percent since the start of 2019, the best start to the year in the ... Suite

Boeing fix will prevent repeated activation of anti-stall system: sources

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A Boeing Co software fix for the grounded 737 MAX will prevent repeated operation of an anti-stall system at the center of safety concerns and deactivate it altogether if two sensors disagree widely, ... Suite

S&P 500 slips with Apple, lingering fears on global growth

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The S&P 500 Index ended a choppy session slightly lower on Monday as worries about a slowdown in global economic growth lingered and as Apple Inc shares fell after the company unveiled its video ... Suite

Ovations, hugs and soaring speeches as Apple embraces Hollywood

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Apple Inc brought in Oprah Winfrey, Steven Spielberg, Jennifer Aniston and Jason Momoa to talk up its new television streaming service at a Hollywood-style event on Monday marked by standing ... Suite

Trump critic Michael Avenatti arrested in $20 million Nike ‘shakedown’: prosecutors

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Michael Avenatti, the lawyer who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged Monday with extortion in what prosecutors called an ... Suite

Apple to launch a new credit card with Goldman. Are the perks worth it?

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Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that can be used to earn cash back on the purchase of Apple products, but analysts suggest its rewards ... Suite

Newmont’s special dividend wins top investors over to Goldcorp deal

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Newmont Mining Corp won the support of at least two key investors for its $10 billion takeover of Goldcorp Inc on Monday, after offering to sweeten the deal with an 88-cent-per-share special dividend ... Suite

Oklahoma top court clears way for Purdue, J&J, Teva to face opioid trial

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Oklahoma's top court on Monday declined to delay a landmark trial set for May in a multibillion-dollar lawsuit accusing OxyContin maker Purdue Pharma LP and two other drugmakers of helping fuel an ... Suite

Trump critic Michael Avenatti arrested in $20 million Nike ‘shake down’: prosecutors

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Michael Avenatti, the lawyer who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged Monday with extortion in what a federal prosecutor ... Suite

Tesla, Elon Musk win dismissal of lawsuit over Model 3 production

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A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla Inc shareholders alleging that the company made misleading comments about the production ... Suite