#investor-activism

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fromTESLARATI
11 hours ago

Tesla investors are ditching Charles Schwab after its vote against Musk comp plan

Tesla investors are ditching Charles Schwab as their brokerage after the firm said earlier this week that it would vote against CEO Elon Musk's new compensation package. Several high-profile Tesla influencers are speaking out against Charles Schwab, saying its decision to vote against the plan that would retain Musk as CEO and give him potentially more voting power if he can achieve the tranches set by the company's Board of Directors.
Business
Artificial intelligence
fromTechCrunch
4 days ago

AI mania tanks CoreWeave's Core Scientific acquisition; it buys Python notebook Marimo | TechCrunch

Shareholders rejected CoreWeave's $9 billion all-stock acquisition of Core Scientific, boosting Core Scientific's valuation as investors chase higher AI-related premiums.
Business
fromFast Company
1 month ago

CSX ousts CEO after investor pressure and poor performance

CSX replaced CEO Joe Hinrichs with Steve Angel after investor pressure over deteriorating operating performance, aiming to improve operations and shareholder returns.
Food & drink
fromFortune
1 month ago

For one man, the war against Cracker Barrel never really ended | Fortune

Cracker Barrel's $700 million rebrand sparked investor backlash, a $143 million market-value loss, and intensified activist Sardar Biglari's long-running challenge to management.
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