Jeffrey Sonnenfeld, Yale School of ManagementScott Mlyn | CNBCAs this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year – most prominently at Disney and Norfolk Southern – raises the question: Are activist investors increasingly getting de-activated, losing their credibility and...
Year: 2024
Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment
Officials continue to conduct operation and inspect the area after the train derailment in East Palestine, Ohio, United States on February 17, 2023. EPA | Anadolu | Getty ImagesNorfolk Southern has agreed to pay $310 million to settle charges over a toxic train derailment in East Palestine, Ohio, in February 2023,...
Family offices become prime targets for cyber hacks and ransomware
A computer with a "system hacked" alert due to a cyber attack on a computer network.Teera Konakan | Moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future...
Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023.Valerie Plesch | Bloomberg | Getty ImagesFederal Reserve officials appear to have "no idea" what is happening when it comes to the inflation picture in the U.S., according to Julian Howard, lead...
Here’s where rents are rising — and where they’re falling
Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were red-hot during the first years of the pandemic.Now different drivers are pushing some rents higher — and throwing cold water on others.Multifamily rents in April were 0.8% lower than they were...