As much as 0.3% of the retailer's sales could be at risk following Thursday's Supreme Court ruling, an analyst says.
Consumers could pay an additional $15.2 billion a year as a result of the ruling, said one analyst.
Makan Delrahim spoke at The Deal's Corporate Governance Conference on June 7.
The insurgent investor behind Elliott Management by far has the most campaigns outstanding in the most countries and the most offices of any activist fund, plus transformative wins at Hyunda and Telecom Italia.
New Frontier Data downgrades its California cannabis sales projections by $2 billion for this year.
Qualcomm CEO Steve Mollenkopf is trying to extend the chipmaker's success in the next generation of wireless technology.
The document technology company also agreed to bring on five dissident directors and replace its CEO. Six existing board members also resigned in a resounding victory for the dissident investors.
Some justices expressed surprise that with ever-present smartphones, technology isn't used to record employees' off-the-clock time.
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