Activist investors determined to shake up the way companies do business are amassing record cash for their campaigns. Now investment banks are advising clients how to anticipate and thwart such vocal investors before they even show up.
Rolls-Royce Holdings Plc, the sole engine provider on the Airbus SAS A350 due to fly for the first time in days, will begin testing parts of its most powerful engine yet as demand rebounds for the plane’s stretch version.
Roy Halladay became the fifth pitcher to win the Cy Young Award in both the National and American Leagues after a season in which he threw a perfect game and pitched his best at the close of the season.
The New York Mets scored six third- inning runs off Cole Hamels on their way to a 7-1 win against the Philadelphia Phillies. The New York Yankees gave up a 4-0 lead in a 5-4 loss to the Minnesota Twins in 10 innings.
“ Modernist Cuisine ” is six volumes long, runs 2,400 pages and weighs more than 18 kilograms (40 pounds). The cover price is $625 and it’s sold out on Amazon , where outside suppliers ask as much as $1,875.
The Bank of England is overhauling the leadership of its economics unit as Governor Mervyn King and Chief Economist Spencer Dale put in place a new crop of officials who may be picked for future policy roles.