Faced with the prospect of going back to her old day job — as a nurse — former reality star Kate Gosselin appears to be taking a healthy bite of humble pie. “I’m living very carefully these days,” the latest People cover girl tells the mag about managing her finances in uncertain times.
Famous investor named Carl Icahn announced in a Tweet that he bought a bunch of Apple stock and had just talked to Apple’s CEO on the phone. Carl Icahn’s private conversation with Tim Cook had gone well, according to Icahn, and he said he planned to talk to Cook again soon, and in the next couple of hours, Apple’s stock exploded 5% higher, increasing the company’s market value by $17 billion.
Highlights of this day in history: Truman announces Japan’s surrender in World War II; Blackout hits Northeast U.S., Canada; FDR signs Social Security; British troops arrive in N. Ireland; A strike in Cold War Poland; Steve Martin born. (Aug. 14)
Investor Carl Icahn said he has acquired a ?large? number of Apple shares, stating that they are undervalued and expressing interest in further share buybacks by the Silicon Valley giant. A person familiar with the position said he made a $1 billion investment.
Stock indexes edged higher in afternoon trading, led by gains in technology companies and banks.
William Ackman has resigned from J.C. Penney’s board as part of a deal to resolve a public battle between the activist investor and the struggling department store. Ackman’s departure provides short-term relief from a distraction for Penney while it tries to fix its ailing business as the crucial back-to-school selling season heats up.
The judge overseeing Detroit’s bankruptcy case named a federal judge, Gerald Rosen, as the judicial mediator in the city’s Chapter 9 proceedings, according to a court filing on Tuesday.
J.C. Penney and hedge fund Pershing Square’s Bill Ackman are in talks to resolve their dispute over the leadership of the U.S. retailer.
A report from the Treasury showed that The United States ran a budget deficit in July, although government revenues increased from a year earlier due to tax hikes and a strengthening economy.
A report from the US Treasury showed that the United States ran a budget deficit in July, although government revenues increased from a year earlier due to tax hikes and a strengthening economy.
