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Bill Ackman took a Wall Street tactic to an Ivy League fight in his attempt to oust Harvard’s president

New York CNN — When Bill Ackman, a financier who got rich betting against companies’ stocks, decided to wage a battle against Harvard’s president, he relied on a strategy that earned him a reputation as one of the most ruthless...

AI was the buzzword of 2023. What happens in 2024?

New York CNN — AI is the buzzword du jour. The emerging industry has kept investors optimistic and stirred up market euphoria throughout 2023. Of all S&P 500 companies, 152 cited the term “AI” during their earnings call for...

Wall Street is swept up in Fed euphoria. The rally could have more room to run

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...

Would you trust a robot with your finances?

Robo-advising can be a cheap, low-effort option for non-professional investors, but a lack of human input also has its drawbacks. ADVERTISEMENTEven before the rise of AI, human tasks were becoming increasingly more automated.Turn back...

EU fiscal deal: France and Germany at odds on investment spending

After a long night in Brussels, EU finance ministers haven't sealed the deal on a new fiscal framework. ADVERTISEMENTEuropean Union finance ministers moved closer to an agreement on new EU fiscal rules early on Friday after eight...

The battle for the future of Disney just got serious

New York CNN — A powerful activist investor is escalating his battle over the future of Disney in a long-simmering feud with CEO Bob Iger and the company’s management, trying to gain two seats on Disney’s board. Trian Fund...

What the Fed’s looming rate cuts would mean for you

New York CNN — For almost two years now, the story of the economy and markets has been all about runaway inflation and central banks’ historic attempts to reverse it. But we may be turning over a new page in the storybook —...

Nissan and Mitsubishi confirm invest plans for Renault EV unit Ampere

HyipScan.Net Business looks at the latest investment plans by Nissan and Mitsubishi for Renault's electric vehicle division, Ampere. ADVERTISEMENTNissan and Mitsubishi, both longstanding partners of Renault, remain committed to...

The Fed just signaled rate cuts could be coming. But Wall Street isn’t in the clear

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...

Making money on defence stocks: Is it ethical to cash in on the boom?

When the war in Ukraine began almost two years ago demand for weapons in Europe skyrocketed, taking arms companies’ shares along with it. Experts expect the market to continue to grow for at least the next five years. Here’s why....

Comfort Inn’s owner doubles down on its hostile takeover bid for the company that owns Days Inn

New York CNN — Choice Hotels, which owns a number of budget lodging brands, including Comfort Inn, is getting more aggressive in its attempt to acquire its rival Wyndham Hotels. On Tuesday, Choice said it will expand its several...