Nelson Peltz

(Newser) - Disney held its annual shareholder meeting Wednesday—and CEO Bob Iger prevailed in a long-running battle over board seats. Shareholders voted to re-elect all 12 of the company-backed board members, including Iger, Variety reports. They rejected a slate that included activist investor Nelson Peltz of investment firm Trian Partners and...

(Newser) - Black Panther's target demographic isn't necessarily the white octogenarian set, and you can count Disney activist investor Nelson Peltz as not a fan of the highly rated 2018 action-adventure flick. Peltz recently gave a wide-ranging interview with the Financial Times in which he criticized a too "woke"...

(Newser) - Nelson Peltz's hedge fund is trying to seize two seats on Disney's board of directors, but he's got some opposition, including from one of the entertainment giant's biggest single shareholders: Star Wars director George Lucas, who says he's backing the board and the leadership of...

(Newser) - Wendy's is looking for buyers as the hamburger chain's earnings and market share plummet. Aggressive competition from McDonald's and Burger King as well as soaring beef and dairy prices have taken a  big bite out of Wendy's bottom line, the Wall Street Journal reports.