Activist Hedge Fund Starboard Has Big Stake in Huntsman

The exact changes Starboard intends to push for to improve its stock performance couldn't be learned. Huntsman's shares are little changed since the company's 2005 initial public offering.

 
Creative Artists Agency to Buy Rival Agency ICM Partners

The deal between talent agencies signals how new distribution platforms including streaming have forced consolidation across all aspects of the entertainment industry.

 
TikTok Tops 1 Billion Monthly Users

The popular video-sharing app announced the milestone after saying earlier this summer that it plans to let users post longer videos on the platform.

 
Wells Fargo to Pay $37 Million Penalty for Overcharging Currency Customers

The bank settles U.S. government charges alleging it defrauded 771 commercial clients.

 
Blackstone Selling Vegas Casino, Firm's Most Profitable Property Deal

Total profits after the sale would be about $4.1 billion, including cash flow from the property's operations.

 
Ford Recalls Mustang Mach-E Electric SUVs Over Windshield, Roof Concerns

The safety recall covers 2021 model-year vehicles for inadequate bonding of the glass panel parts, increasing the risk of injury.

 
Facebook to Halt Work on Instagram Kids Version

Critics of a children's version of the social-media app the company was developing said it can be harmful to young people's mental health.

 
Jim Justice Offers $300 Million Settlement Payment to Credit Suisse

The West Virginia governor has offered a $300 million payment and half the value of his family coal businesses to settle loans from the now-defunct Greensill Capital, according to people familiar with the deliberations.

 
Evergrande Worries Help Fuel Selloff at Chinese Developer Sunac

Investors sold down securities after a leaked document showed a Sunac China Holdings unit asking for government help to ease its liquidity difficulties.

 
Spotify Kicks Off Campaign to Win More Advertisers

Spotify Technology began its first global brand campaign designed to court marketers as the audiostreaming giant tries to expand the revenue it collects from advertising.

(END) Dow Jones Newswires

September 27, 2021 17:15 ET (21:15 GMT)

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