Elliott’s acquisition of Barnes & Noble, the largest retail bookseller in the US, follows its June 2018 acquisition of British bookshop chain Waterstones. Photographer: Bloomberg

Barnes & Noble is to be bought by hedge fund Elliott Management for $475.8 million (€421 million), marking the end of the once-dominant US book re(...)

Former CBS chief executive Leslie Moonves. Photograph: Lucy Nicholson/Reuters

CBS said on Monday it has fired Leslie Moonves for cause and has denied a $120 million (€105 million) severance package as it girds for a potential le(...)