Hedge fund billionaire’s fight with ADP results in nominations for three board seats

Pershing Square Capital Management has nominated three directors, including its CEO Bill Ackman, to Automatic Data Processing’s board. In addition to Ackman, Pershing Square has nominated Veronica Hagen, the retired chief executive of Polymer Group, and Paul...

Wildfire Smoke From Canada Drapes Pacific Northwest in a Haze

By ALAN BLINDER and CHRISTINA CARON August 7, 2017 SEATTLE — Mount Rainier is invisible from this city. The Blue Angels, the Navy’s elite flight demonstration team, flew two weekend shows in chalky, smoky air. Government officials have...

Media companies are triggering ‘fear, uncertainty, and doubt’ with earnings, analyst says

Media company earnings are producing surprisingly disappointing results, with companies such as Netflix and Viacom throwing expectations out the window, according to FBR Capital Markets’ managing director. “What it says is evaluation doesn’t...