As the Supreme Court nears the end of its term, the big decisions we are still waiting for concern race and marriage. These decisions offer the court an opportunity to exercise an unwonted self-restraint.
Google Inc., operator of the world’s largest Internet search engine, settled a lawsuit on the brink of trial over a plan for a stock split that shareholders claimed would unfairly allow founders Larry Page and Sergey Brin to strengthen their corporate control.
The U.S. Supreme Court will decide whether people who file housing discrimination suits must show they were victims of intentional bias, accepting a case that may undercut the Obama administration’s crackdown on the lending industry.
Banca Monte dei Paschi di Siena SpA, the bailed-out Italian bank embroiled in a fraud probe, proposed removing a limit that caps voting rights at 4 percent as it seeks to attract new investors to boost capital.
Rhoen-Klinikum AG pared gains in Frankfurt trading after saying shareholder B. Braun Holding GmbH is legally challenging an annual meeting vote to abolish an investor-approval threshold on mergers and other key decisions.
Hochtief AG, the German builder controlled by Spain’s Actividades de Construccion & Servicios SA, will buy back up to 260 million euros ($347 million) of shares over the next five years after the stock closed at its lowest in two months.
Billionaire Daniel Loeb proposed a breakup of Sony Corp. after saying his hedge fund was its largest owner. Data from Sony, a Goldman Sachs Group Inc. vehicle and Japan’s Finance Ministry don’t support that claim.