Gearing up for a battle for control of media company Viacom, board members on Monday took the unusual step of vowing to fight an expected campaign by Sumner Redstone and his family to shake up the board.
The chairman of China's biggest conglomerate recently predicted that a new $5.5-billion Disney theme park opening in Shanghai next month would fail, citing a lack of innovation with intellectual properties and characters.
Chinese stocks were shaken out of their May torpor after Goldman Sachs Group Inc. said it was likely the nation's shares would be included in MSCI Inc.'s global benchmark indexes.
It took several people, including a wildlife rescue team, to pull a baby elephant from the open drain into which it had fallen Sunday in an underdeveloped Sri Lankan town.
I have to confess my skepticism when I decided to cruise aboard Carnival's new cruise line, Fathom, on a “voluntourism” or “social impact” journey to the Dominican Republic.