A shareholder lawsuit alleging that Wynn Resorts' board and former CEO Steve Wynn breached their fiduciary duty was filed Wednesday by a pension group in Massachusetts. The lawsuit follows the resignation late Tuesday of the 76-year-old Wynn as chairman and CEO. The casino mogul left the Las Vegas-based company after The Wall Street Journal reported…

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A Russian passenger plane believed to be carrying 71 people crashed Sunday afternoon near Moscow, shortly after takeoff from one of the city's airports. No survivors were immediately reported. The An-148 regional jet disappeared from radar screens a few minutes after departing from Domodedovo Airport en route to the city of Orsk, some 1,500 kilometers…
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Activist investor Starboard Value said on Monday it nominated a full slate of director candidates for election to Newell Brands' board and expressed concerns about the Sharpie pen maker's underperformance. Newell's shares were up nearly 2 percent in premarket trading. The activist investor, which owns about 4 percent of company, said the director nominations include…
The CEO of video game maker Take-Two Interactive doesn't accept the growing belief that addiction to tech is a dangerous trend in society. "No, I'm not buying it. Technology enhances our life," Strauss Zelnick told CNBC's "Squawk Alley" on Thursday. "Like everything that enhances our life, used the wrong way it's not a good thing."…
Among everything to see and do around the World Showcase Lagoon at Epcot, a guest-favorite that has been there since day one is The American Adventure attraction. This marvel of engineering brings together a moving stage, 35 Audio-Animatronics figures and a giant screen that together shares the story of the United States of America. Right…
The most important deal of 2018 was announced more than a year ago. AT&T and Time Warner are headed to court next month to defend their $85 billion deal, announced in 2016. The last time the government won a case challenging a vertically integrated merger, the purchase of a supplier rather than a competitor, was…
CBS and Viacom CEOs met Friday to discuss a deal to combine the two companies, sources told CNBC. Les Moonves of CBS and Bob Bakish from Viacom are talking as the companies have made their requests for due diligence materials, the sources said. But the special committees of their boards have yet to meet. Earlier…
Broadcom on Tuesday cut the number of board seats it was trying to win at Qualcomm to six from 11, and reiterated that its offer for the company was only good until the conclusion of a March 6 shareholder meeting at the chipmaker. Broadcom's move comes a day ahead of planned talks between the semiconductor…
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