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Lyft investor Engine Capital names board nominees in start to proxy battle

Lyft investor Engine Capital names board nominees in start to proxy battle

(Reuters) -Activist investor Engine Capital is gearing up for a proxy battle at Lyft (NASDAQ:LYFT), after it nominated two directors to the board of the ride-hailing company on Wednesday.The hedge fund, which owns about 1% of Lyft, said it nominated Alan Bazaar and Daniel Silvers for election to the board of the company, which has underperformed rival Uber Technologies (NYSE:UBER) and the broade ...

2025-04-17 00:50:37
Nvidia, Abbott lead Wednesday’s market cap stock movers

Nvidia, Abbott lead Wednesday’s market cap stock movers

Wednesday’s market has seen notable fluctuations among stocks within the mega-cap and large-cap categories. Investors are responding to various stimuli, from company-specific news to broader market trends. Noteworthy movements have been observed in stocks such as Nvidia Corp (NASDAQ:NVDA) and Abbott Laboratories (NYSE:ABT), among others. Here’s a rundown of some of today’s significant st ...

2025-04-17 00:49:40
Tesla stock falls on reports of suspended import for Cybercab parts in China

Tesla stock falls on reports of suspended import for Cybercab parts in China

Investing.com-- Tesla Inc (NASDAQ:TSLA) has suspended plans to import components from China for its Cybercab and Semi electric truck in the U.S. after President Donald Trump ramped up tariffs on Beijing, Reuters reported on Wednesday. In turn, Tesla stock ticked down 2% in trading on Wednesday. The move stands to potentially disrupt Tesla’s ambitions to build autonomous vehicles and tr ...

2025-04-17 00:48:05
US CDC advisers weigh lower age recommendation for RSV vaccines

US CDC advisers weigh lower age recommendation for RSV vaccines

(Reuters) -The U.S. Centers for Disease Control and Prevention’s vaccine experts are expected to vote on expanding access to respiratory syncytial virus shots in the second round of their meeting on Wednesday.Guidelines from the Advisory Committee on Immunization Practices help physicians decide what vaccines to recommend to patients and are also used for determining insurance coverage in the U. ...

2025-04-17 00:47:07