More activist investors push CoStar to exit Homes.com business
Investors at D.E. Shaw & Co., L.P. are joining Third Point Investments in calling for CoStar to either divest or shut down Homes.com. On Wednesday, Edwin Jager and Michael O’Mary, two managing directors at D.E. Shaw, sent an open letter to CoStar Group’s board or directors, expressing their “continu
Out-of-pocket health care costs eat up retirees’ income
Out-of-pocket health care costs continue to take a sizable bite out of retirees’ finances — even as Medicare coverage expands and recent policy changes aim to reduce drug costs, according to a new brief published by the Center for Retirement Research at Boston College. Using data from the 2018-2022
What’s fueling the mortgage M&A wave creating mega-lenders?
Terry Schmidt believes she surprised the mortgage industry. Schmidt, the director and CEO of Guild Mortgage Co., was referring to the June 2025 announcement that the company would be acquired by Bayview Asset Management. The transaction officially closed in November. “Many found that this was very s
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