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Lachlan Murdoch Sues Australian News Site Crikey

The news outlet Crikey challenged the younger Murdoch in an open letter, saying it wanted to make the dispute a test case for Australia’s strict defamation laws.  » mehr lesen

Macy’s Lowers Expectations for the Year, Pointing to an Inventory Glut

The department store chain said in its earnings report that it had become harder to sell its excess inventory as shoppers pulled back on discretionary spending.  » mehr lesen

Najib Razak, Malaysia’s Former Prime Minister, Is Headed to Prison

Mr. Najib, convicted in a scandal involving the disappearance of billions from the government investment fund known as 1MDB, has exhausted his avenues of appeal.  » mehr lesen

Whistle-blower Spam Claims Pose Challenge for Twitter

The allegations by Twitter’s former security chief come after Elon Musk sued the company for more details on how it measures user numbers.  » mehr lesen

AMC Entertainment’s preferred stock dividend is completed

The company billed the arrangement as a new way to raise money. Corporate governance experts and finance pros are keen to see if it catches on.  » mehr lesen

Twitter’s Former Security Chief Accuses Company of ‘Egregious’ Practices

The whistle-blower’s complaints to the Securities and Exchange Commission, Justice Department and Federal Trade Commission come at a perilous time for Twitter.  » mehr lesen

Stock trading remains unsteady after Wall Street’s big drop.

After Monday’s steep drop on Wall Street, investors around the world are reassessing the outlook for inflation, economic growth and interest rates  » mehr lesen

Red-Hot Warehouse Market Tested as Consumer Spending Slows

A slowdown in consumer spending in conjunction with an uptick in construction may spoil the favorable conditions that allowed owners to expand and raise rates.  » mehr lesen

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