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Cars.com told to boost results or weigh sale

Bloomberg Starboard Value is calling on Cars.com Inc to improve its performance or consider selling itself or making management changes, about nine months after the activist hedge fund reached a settlement agreement with the online auto-dealing platform. “If shareholders do not see progress soon, then we believe it would be incumbent upon the board to take more substantive actions,” Starboard ...

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Modi’s terrible 24 hours boosts oppn before votes

Bloomberg In a whirlwind 24-hour span, Indian Prime Minister Narendra Modi has seen his main opponents seize back momentum ahead of the 2019 national election. First came the abrupt resignation on Monday night of Reserve Bank of India Governor Urjit Patel, which sent stock, bond and currency markets tumbling when they reopened on Tuesday. Then Modi’s Bharatiya Janata Party faced ...

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Mike Pompeo blasts Russia for ‘bombers’ sent to Venezuela

Bloomberg US Secretary of State Michael Pompeo criticised the Russian government for sending “bombers halfway around the world” to Venezuela. “The Russian and Venezuelan people should see this for what it is: two corrupt governments squandering public funds, and squelching liberty and freedom while their people suffer,” Pompeo said on Twitter. It’s “absolutely inappropriate” for Pompeo to call the Russian ...

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