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Activist investors are suffering grueling defeats in proxy fights—but they can still matter when they pick the right battle

Activist investors are suffering grueling defeats in proxy fights—but they can still matter when they pick the right battle
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Op-ed: How activist investors are deactivating with proxy battle losses

Activist investors face a key question around their credibility and power as the proxy season winds down.

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Documentary on New York City's 1970s Fiscal Crisis Wins Film Prize

A documentary about the city’s fiscal crisis of the 1970s, co-directed by the son of one of its saviors, wins the Library of Congress Lavine/Ken Burns Prize for Film.

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Which law firms have the youngest and oldest partners?

At Kirkland & Ellis, 75% of U.S. partners earned their JDs in the 2000s, more than any other law firm in the Am Law 200, according to a report on attorney demographics done for Reuters.

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Transcripts For FBC FOX Business After The Bell 20130521

david: herbalife hired pricewaterhousecoopers as its new auditor. the firm will immediately reaudit the company s financial statements fiscal years ending in 2010 through 2012 as well as review 2013. liz: according to financial news, thomson reuters and market have teamed up with investment banks to build a new messaging service that might challenge competitor bloomberg. bloomberg, which pretty much owned the space come under fire recently after reports that journalist at the company were accessing customer data. goldman is teaming up with thomson reuters. david: a lot of customers didn t like it when they did that apple s ceo tim cook defending the company s tax practices before senate regulators. arguing it pays all taxes dues due and using foreign subsidiaries pay all taxes due. liz: microsoft unveiled the new xbox, a third generation console that pitches quote, the ultimate, all in one entertainment industry. microsoft says you don t need a cable box anymore because our c

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