What Exactly Does McDonald's Want Us To Stop Hating?
The fast-food giant is coming out with a new marketing campaign telling consumers that "Lovin' Beats Hatin'." But what could that mean?
The 14 Most Bill Ackman Things Bill Ackman Has Ever Said
The hedge fund titan has had a number of larger than life quotes attributed to him over the years, and this weekend brought even more. It appears we have reached peak Ackman.
Walgreens Is Battling Its Former Finance Chief, And It's Getting Ugly
The drug store behemoth is out to acquire all of the UK's Alliance Boots, forming one of the world's largest pharmacy companies. But its former CFO just lobbed serious accusations at the company, which has left it scrambling to clean up its image.
How Bill Ackman Made The Trains Run On Time In Canada
Pershing Square Capital has orchestrated one of the biggest turnarounds in railroad (and, arguably, corporate) history. Now, as the question of rail mergers looms large, here's a look back at how the hedge fund pulled it off and raked in billions.
How To Lose A Board In 10 Months (And 7 Easy Steps)
Darden Restaurants did just that, and in a shockingly swift and public fashion. Here's a look at just how the board of the casual dining giant and parent to brands like Olive Garden and, until recently, Red Lobster, pulled it off.
Domino's Pizza Has A Problem: Cheese Inflation
In what was an otherwise solid third quarter for Domino's, the pizza giant said expensive cheese plagued its bottom line. And the company sees little relief on the mozzarella-stuffed horizon.
Hedge Fund Wins Entire Board Of Olive Garden Parent
In what was almost a foregone conclusion in the days leading up to the Darden annual shareholder meeting, Jeff Smith's Starboard Value successfully replaced all 12 of its board members.
14 Awful Moments In Olive Garden Owner's Terrible Year
Darden Restaurants must be dying for 2014 to end.
That Drop: Struggling EDM Company Dives Thanks To Short Sellers
SFX Entertainment has struggled in the year since it went public, with an erratic CEO and a declining stock price, and is now a the public short target of at least one activist investor, sending the stock plunging.
CNN Parent To Lay Off Nearly 1,500 People
The announcement comes the same day that Turner Broadcasting inked a deal with the NBA for more than $1 billion per year for television rights to games. Turner had previously initiated voluntary buyouts to cut its workforce.
A $68M Farewell For Olive Garden Parent CEO And Two Execs
The outgoing CEO and two top executives of Darden Restaurants stand to receive a total of $68 million over the next two years. Meanwhile, tipped employees of Olive Garden receive $2.13 per hour.
Exclusive: Olive Garden Server Representing Restaurant's Employees Says "Things Need To Change"
As the heated battle between Darden Restaurants and hedge fund Starboard Value comes to a head, an Olive Garden employee representing the restaurant's workers spoke exclusively to BuzzFeed News about what life at the chain is really like. "There are things that need to change."
12 Must-Read Memoirs To Get You Through Your Twenties
As the reigning queen of the twentysomething tell-all genre, Lena Dunham, makes her autobiographical debut today, here are some other brilliant works to guide you through your own coming-of-age story and change the way you look at life.
Bagel Buyout Nets Einhorn's Greenlight Capital Some Serious Dough
But the hedge fund titan, who had been an investor in Einstein Noah Restaurant Group since the bagel maker's IPO in 2007 had been in a money-losing stock and had sold out of a total of 4 million shares over the years.
Yahoo Should Consider A Deal With AOL, Says Hedge Fund
The activist hedge fund grabbing headlines recently for its engagement with Olive Garden took a "significant" stake in Yahoo and sent a letter to CEO Marissa Mayer encouraging her to consider a possible merger with AOL.
Every Member Of Olive Garden Owner's Board Should Be Replaced, Says Adviser
One of two leading leading proxy advisory firms has recommended shareholders of Olive Garden parent Darden replace the entire board with activist hedge fund Starboard Value's slate of 12 nominees. The news comes as Starboard is preparing to meet with Darden employees who have threatened direct action ahead of next month's annual shareholder meeting.
Exclusive: Low Interest Forces Cancellation Of SALT Asia, One Of The Hedge Fund Industry's Biggest Conferences
Several sources familiar with the situation said the Asian counterpart of Anthony Scaramucci's Skybridge Alternatives conference, dubbed "the Super Bowl of hedge fund conferences," has been scrapped due to low interest and a scheduling snafu.
Making Money Now Is Hard, Claim Rich Money Managers
Julian Robertson of Tiger Management and Bill Conway of The Carlyle Group talk Alibaba, a stock market bubble, and reminisce about the idyllic early days when they made cash hand over fist. "It was almost a license to steal."
Thousands Of Olive Garden Employees Threaten "Direct Action" Against Darden, Starboard
A petition started by an Olive Garden employee to force Darden and Starboard Value to listen to workers' concerns over layoffs and wages has gathered nearly 7,000 signatures.
IPOs Set To Explode On The NYSE This Fall
It's not just the record-breaking Alibaba IPO expected Friday — the New York Stock Exchange is slated to host another nearly $8 billion worth of IPOs in the next two weeks alone.