Bloomberg Business

Icahn Wins One Board Seat in Illumina Proxy Fight

Illumina Inc. shareholders voted to elect a board member nominated by activist shareholder Carl Icahn, a much-needed partial victory for the billionaire as his investment firm grapples with an attack by short-seller Hindenburg Research.

Branson’s Virgin Galactic Returns to Space in Crucial Test

Virgin Galactic Holdings Inc., the space-tourism company founded by billionaire Richard Branson, sent a crewed flight to the edge of space for the first time in almost two years, a crucial milestone in its plans to begin commercial service next month.

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