EBay, the world's biggest online marketplace, said it would split off its payments arm PayPal, finally bowing to pressure from activist shareholder Carl Icahn after nine months.
Photo. William A. Ackman, the activist hedge fund manager, has mounted a $1 billion wager against Herbalife.Credit Eduardo Munoz/Reuters.
Pimco: there is no bigger story in the world of money management. Bill Gross's dramatic departure from the company he helped found to move to the smaller Janus Capital, apparently pre-empting a plan to fire him, had human drama aplenty.
Zalando is one of two tech companies from Berlin launching an IPO this week. Agence France-Presse/Getty Images. FRANKFURT�Online retailer Zalando SE made its debut on the Frankfurt stock exchange on Wednesday, trading 12% above its issue price ...
Sen. Elizabeth Warren, of Massachusetts, speaks to a group of supporters at a rally in support of Kentucky democratic candidate Alison Lundergan Grimes, in June of 2014.