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 Jetcityimage via iStock

Industrials

Activist Investor Elliott Reveals Surprise $5 Billion Stake in Conglomerate Honeywell

Honeywell may just be the next conglomerate to split into various pieces. At least if Elliott Investment Management has its way.

2 min read
Photo by Mike Mozart via CC BY 2.0

Healthcare

23andMe Gives Up on its Drug Development Dream

A treasure trove of genetic data may hold the key to a revolution in drug development, but it offers no clues for building a business.

2 min read
Photo by Krish Parmar via Unsplash

Energy

Shell Strikes a Blow For Fossil Fuel Industry in Climate Litigation — For Now

Shell managed to overturn a Dutch legal order made in 2021 that had mandated the company cut its emissions 45% from 2019 levels by 2030.

2 min read

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