Wall Street Journal (May 17)
“Activist investors, a perennial nuisance for chief executives, are becoming an existential threat. Since January, they have helped push out the leaders of three high-profile S&P 500 companies” (AIG, CSX Corp. and Arconic Inc.). Moreover, “they are gunning for the CEOs at other companies,” such as Buffalo Wild Wings Inc. and Avon Products Inc. “So far in 2017, activists have started nine campaigns targeting top management, the fastest pace on record.”
Reuters (May 16)
“President Trump is now the leaker in chief.” His “conduct over the past week strikes at the heart of the United States intelligence community. He does not seem to grasp how it works…. The damage Trump has done to his own intelligence services, their foreign counterparts, and their relationships with the White House in four short months might take four long years to repair. If it can be repaired, that is.”
