ADP CEO says Bill Ackman, on phone call, refused to meet because he needed ‘leverage’ over board

After Automatic Data Processing announced on Monday that its board unanimously rejected Pershing Square’s three board nominees, its President and CEO, Carlos Rodriguez, recalled a phone call with Pershing Square chief and billionaire activist investor Bill...

Solar energy stocks tanked today, but don’t blame the total eclipse, analysts say

Solar energy stocks mostly dropped on Monday as a rare total eclipse blotted out solar power in many parts of the United States, but analysts say this is likely a case of correlation, not causation. Trading in some solar stocks was slightly above average on Monday,...