Stock market, Disney board victory, Apple robotics: 3 Things

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Nelson Peltz News

Jerome Powell,Losing Streak,Federal Reserve

US equities (^DJI, ^IXIC, ^GSPC) hope to break their losing streak in the first week of the second quarter as markets digest Federal Reserve Chair Jerome...

come out on top against activist investor Nelson Peltz's proxy push -- Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group Corp., claiming they set the company up improperly and shouldn’t get any stock in it.

SAN FRANCISCO — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had recommended a slate of directors that did not include Peltz or Rasulo.

America's 1% is getting richer. As CNBC reported, the wealth of the ultra rich hit a record $44.6 trillion -- a $2 trillion increase -- at the end of the fourth quarter, according to new data from the...Bitcoin has failed to consolidate near its record high notched last month. The release of the U.S. jobs report could be a key catalyst.

 

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