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 Justin via Unsplash

Consumer

Nestlé Tries to Hitch a Ride with Formula 1

Nestlé and Formula 1 announced on Monday that starting with the upcoming 2025 season KitKat will be the sport’s “official chocolate bar.”

1 min read
Photo by Hapabapa via iStock

Healthcare

Abbvie Shares Sink Following Two Poor Trials

Dissapointing results for two mid-stage trials strikes a blow in Abbvie’s expensive pipeline-via-M&A strategy.

2 min read
Photo by Eilis Garvey via Unsplash

International Economics

China’s Trade Surplus Closing in on $1 Trillion, Bolstering Trump’s Tariff Pledge

Just in time for Trump 2.0, China is on pace for history’s first $1 trillion trade surplus by a single nation, according to Bloomberg.

2 min read

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