Activist investor Barington Capital Group is calling for Victoria’s Secret to restructure its board of directors and scrap its recently adopted shareholder rights plan.  James Mitarotonda, the CEO of the New York-based hedge fund, which owns more than 1% of the company’s outstanding common stock, told Victoria’s Secret Chair Donna…

ExxonMobil CEO Darren Woods said there is sufficient supply in the global oil market to withstand any supply disruption to Iranian exports. “There’s enough spare capacity in the system today to accommodate any Iranian oil that comes off the market,” Woods told Fox News’ Bret Baier on “Special Report,” adding…

If the escalating conflict between Israel and Iran threatens a critical shipping route and significantly cuts global oil supplies, prices could surge to as much as $120 a barrel, according to industry experts. The price of West Texas Intermediate, a key crude oil benchmark, is sitting around a one-year high,…

Billionaire Ray Dalio, founder of Bridgewater Associates, is sounding the alarm on America’s chronic spending, national debt nearing $37 trillion, combined with a $2 trillion deficit that may balloon with President Trump’s ‘One Big Beautiful Bill.’  “We’re spending 40% more than we’re taking in and this is a chronic problem.…

The global oil market is a point of major focus after the U.S. attacked three key Iranian nuclear sites over the weekend. Oil prices are expected to rise following what President Donald Trump called “a spectacular military success” in which, he said, Iran’s nuclear enrichment facilities had been “obliterated.” Trump…

Nvidia CEO Jensen Huang disclosed the sale of 100,000 shares of the company’s stock on Friday and Monday, according to filings with the Securities and Exchange Commission (SEC). Huang’s stock sales were valued at roughly $15 million, with shares trading in a range of $142.50 to $145.63 during the trading sessions…

Ford Motor Company is recalling more than 130,000 Lincoln Aviator SUVs in the U.S. due to a possible risk of parts detaching while driving, the U.S. National Highway Traffic Safety Administration said on Tuesday. FORD USES ITS DEALERSHIP EMPIRE TO REVAMP HOW CORPORATE AMERICA HELPS CHARITIESThe recall, which affects 132,914…

Riders have reportedly documented multiple incidents of driving issues with Tesla’s new robotaxi service, which the automaker rolled out earlier this week in Austin, Texas, with a small fleet of self-driving vehicles. Videos taken this week by passengers showed Tesla robotaxis – which are Model Y vehicles with advanced software…

The U.S. is expected to see a net influx this year of around 7,500 foreign millionaires – who have an estimated $43.7 billion in wealth — as the U.K. experiences a significant outflow of its rich. Around 142,000 millionaires around the world are projected to migrate to a new country…

Insiders at tech giant Nvidia have offloaded more than $1 billion in shares in the last year amid the stock’s rapid rise due to the artificial intelligence (AI) boom. The Financial Times reported that over $500 million in stock sales have occurred in the last month as Nvidia shares reached record highs,…