Proxy battle

Investments

Masimo CEO Resigns Days After Proxy Battle Ejected Him From Board

Photo by Collision Conf via CC BY 2.0

Masimo CEO Joe Kiani stepped down following a two-year skirmish with an activist investor that ejected him from his own board.

2 min read

Photo by Alessio Soggetti via Unsplash

Industries

Defense Startups Are Riding High

Military tech startups are seeing a big boost in their valuations of late, spurred in part by former President Trump’s re-election.

1 min read
Photo via Connor Lin / The Daily Upside

Hedge Funds

Archegos’ Hwang Sentenced to 18 Years For Gargantuan Fraud That Walloped Wall Street

Hwang’s sentencing bookends a dramatic saga that began with the shock implosion of his firm that cost Wall Street billions.

2 min read
Photo by Mike Mozart via CC BY 2.0

Consumer

Walmart Ups its Guidance for the Year

Walmart announced that it’s raising its outlook for the year, thanks in part to a rocking start to the holiday shopping season.

2 min read

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