Bloomberg Procter & Gamble Co. may have prevailed in its proxy fight against activist investor Nelson Peltz, but the contentious showdown has left its investors as divided as ever. The world’s largest consumer-products company said that Peltz fell short of the votes needed to be elected to the board, based on preliminary results. But the investor isn’t going quietly: His ...

Bloomberg Shortly after taking over Uber Technologies Inc. in September, Dara Khosrowshahi told employees to brace for a painful six months. US officials are looking into possible bribes, illicit software, questionable pricing schemes and theft of a competitor’s intellectual property. The very attributes that, for years, set the company on a rocket-ship trajectory—a tendency to ignore rules, to compete with ...

Bloomberg The US ambassador to Turkey said that Secretary of State Rex Tillerson is engaged in talks to try and resolve a major diplomatic break between the two NATO allies, sparking a rally in the Turkish lira even as the envoy said he couldn’t predict the outcome of those efforts. Speaking to reporters at his residence in Ankara, Ambassador John ...