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Activist investor Starboard Value LP poached an analyst from asset manager BlackRock's investment stewardship team, which exerts great influence on issues such as climate change and board makeup that often are critical to the hedge fund's campaigns, two sources familiar with the matter said on Thursday. ....
Lordstown Motors Corp (RIDE.O), which previously warned it needs to raise additional funding, hung the "open for business" sign on its northeastern Ohio plant on Wednesday, saying it was in talks to build vehicles for other automakers or lease space in the factory. ....
The takeover battle for drugmaker Vectura (VEC.L) will enter a rare head-to-head auction process if private equity group Carlyle (CG.O) and tobacco giant Philip Morris (PM.N) do not make final bids by Tuesday, according to a British regulator. ....
Toshiba Corp (6502.T) said on Thursday it swung back to profit in the first quarter, as sales of automotive chips and hard disk drives recover from a pandemic-driven slump in demand. ....
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue. ....