Finance news

Starboard Seeking Ouster of Entire Board at Yahoo

Starboard Seeking Ouster of Entire Board at Yahoo

Starboard Value the hedge fund is seeking to oust the entire Yahoo board of directors setting the stage for a big battle over the future of the Web giant that has lost some of its shine. Activist investor Starboard, is planning to announce sometime Thursday morning that it is going […]

Fox Film Unit Disappoints Crimps Murdoch Company Earnings

Fox Film Unit Disappoints Crimps Murdoch Company Earnings

Despite getting help from Lucious and Cookie, 21st Century Fox, part of the Rupert Murdoch empire, fell short of revenue for the first quarter. The broadcast network of Fox delivered a strong performance for its quarter that ended December 31, with revenue higher for its NFL programming and its lineup […]

Target in Early Stages of Mobile Wallet Development

Target in Early Stages of Mobile Wallet Development

Target Corp is in the initial stages of the development of a mobile wallet of its own, said people close to the situation. Target is joining fellow retailer Walmart Stores in posing a big threat to recent mobile payments systems such as Apple Pay. The fourth biggest retailer in the […]