DuPont Co. investors rejected investor Nelson Peltz’s attempt to get on the chemical maker’s board, the first failure for an activist campaign mounted by his firm Trian Fund Management since it was founded a decade ago. T
Adam Sandler, we’ve missed this. On Tuesday’s Late Show With David Letterman, the 48-year-old comedian delivered the perfect musical tribute to the soon-to-be-retiring late-night…
Japan’s three biggest carmakers are expanding a huge global recall triggered by potentially fatal air bags made by Takata Corp, saying on Wednesday they will take back millions of vehicles worldwide for investigation. Toyota Motor Corp and Nissan Motor Co said they are recalling some 6.5 million vehicles globally, while Honda Motor Co Ltd said it would follow suit, without giving details. Wednesday’s announcements raise to roughly 31 million the
CANNES, France (AP) — Don’t ask the Coen brothers about TV. They’re not watching.
U.S. business inventories barely rose in March as sales recorded their biggest gain in eight months, the latest indication that the economy actually contracted in the first quarter. The Commerce Department said on Wednesday business inventories edged up 0.1 percent after a downwardly revised 0.2 percent gain in February. Retail inventories excluding autos, which go into the calculation of GDP, ticked up 0.1 percent in March. The government estimated that
LONDON (AP) — The British government has released previously secret letters written by Prince Charles to government officials — letters that were the subject of a lengthy legal battle that pitted Charles’ right to privacy against the public’s right to know.
The lawsuit, filed on Tuesday in California Superior Court, seeks a minimum of $20 million in damages. The lawsuit is one of several from Charney, who was suspended as CEO last June and dismissed six months later. Charney also filed a $30 million defamation lawsuit last week against Standard General LP, one of American Apparel’s biggest investors.
NEW YORK (AP) — CBS is saying goodbye to its long-running hit “CSI: Crime Scene Investigation” with a two-hour finale this fall and hello to “Supergirl,” an unusual genre show for the network.
A gritty French social drama by a female director opened the Cannes Film Festival on Wednesday rather than a customary Hollywood blockbuster, helping to underline this year’s focus on women. Director Emmanuelle Bercot became the first woman since 1987 to open the world’s most famous film festival with “Standing Tall”, starring French icon Catherine Deneuve. The tough drama marks a change from the normally star-studded openers of past years, such
U.S. oil producers appear to have lost their battle with OPEC over market share, the International Energy Agency warned Wednesday.
