Bloomberg |  Getty Images eBay’s headquarters in San Jose, California, U.S. EBay is closing in on a settlement with activist hedge funds Starboard and Elliott Management that could be announced as soon as Friday, according to people familiar with the matter. EBay may announce separate settlements with Starboard and Elliott, …

Ricardo Dearatanha | Los Angeles Times | Getty Images A research associate performs a buffer exchange for protein formulation at AMGEN, a drug research and development laboratory. Biotech company Amgen said on Monday a U.S. jury confirmed the validity of patents on its cholesterol drug Repatha, rejecting a challenge by …

Stephanie Diani | AP Macy’s at Chula Vista Center prepares for the Grand opening of its off-price shopping experience, Macy’s Backstage, on Wednesday, Sept. 12, 2018 in Chula Vista, Calif. Then, Macy’s said it will work more closely with top vendors this year with the goal of getting hot items …

Tom Williams | CQ-Roll Call Group | Getty Images Sen. Bernie Sanders, I-Vt., talks with reporters in the Capitol on Thursday, February 14, 2019. Some of Bernie Sanders’ top strategists are splitting with the populist left-wing senator’s 2020 presidential campaign over creative differences. The media consulting firm Devine Mulvey Longabaugh …

Patrick T. Fallon | Reuters Tesla Motors CEO Elon Musk reveals a Tesla Energy battery for businesses and utility companies during an event in Hawthorne, Calif., April 30, 2015. Investors in energy storage company Maxwell Technologies are suing to block the acquisition of the company by Tesla, Bloomberg reported on …

Source: Deutsche Bank The S&P 500’s more than 18 percent rally from its Christmas Eve low is hard to explain from a fundamental standpoint, according to some on Wall Street. Stocks’ monster comeback coincided with a wave of downward growth and earnings revisions from Wall Street. In fact, while the …

Win McNamee | Getty Images (L-R) Richard A. Gonzalez, chairman and CEO of AbbVie Inc., Pascal Soriot, executive director and CEO of AstraZeneca, Giovanni Caforio, chairman of the board and CEO of Bristol-Myers Squibb Co., Jennifer Taubert, executive vice president and worldwide chairman of Janssen Pharmaceuticals, Johnson & Johnson, Kenneth …

Timothy Fadek | Bloomberg | Getty Images An employee scans a customer’s purchases at a Walmart Inc. store in Secaucus, New Jersey, U.S., on Wednesday, May 16, 2018. Walmart is changing its job requirements for front-door greeters in a way that will likely disproportionately affect workers with disabilities, according to …

BRYAN R. SMITH | AFP | Getty Images Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on January 10, 2019 in New York. Check out the companies making headlines midday Tuesday: Home Depot – Shares of Home Depot …

Emilio Morenatti | AP A worker holds a new model of P18K POP Energizer phone, with 18,000mAh battery, at the Mobile World Congress wireless show, in Barcelona, Spain, Tuesday, Feb. 26, 2019. Forget phones that fold. A company called Avenir Telecom is building a phone with a comically large battery …