Activist Investor and Pension Fund Take Stake in Papa John's

Legion Partners owns 5.46% of shares in the Louisville, Ky.–based pizza chain, which has been embroiled in a dispute with its founder for the last several months.

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Longtime Facebook Executive Mosseri Takes Over Instagram

Longtime Facebook executive Adam Mosseri is now the head of Instagram, the company announced, following the abrupt resignations of the app’s co-founders.

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Elon Musk Stirs Controversy on Twitter in Wake of SEC Settlement

Elon Musk is already generating controversy on Twitter two days after settling a fraud case by securities regulators who are requiring Tesla to put in place a system to monitor his public communication.

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Viacom Taps Brian Robbins to Run Nickelodeon

Viacom said it has tapped producer Brian Robbins to head Nickelodeon, a move that shows how important the children’s programming business remains for the media conglomerate.

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Lithium Producer Livent Sets IPO's Price Range

Livent has given a price range for its shares in its coming IPO, a stock sale that will test investor appetite for companies that produce lithium—an important commodity used in electric-vehicle batteries.

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Pentagon Presses Lockheed for Lower-Priced F-35 Jets

Lockheed Martin Corp. is being challenged to deliver cheaper F-35 combat jets and could face penalties unless it improves delivery times, according to the military head of the program.

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Canada Says New Trade Pact Removes Uncertainty

The revised North American Free Trade Agreement will remove uncertainty for Canadian manufacturers and investors that has held back growth and ultimately benefit the country’s economy, Prime Minister Justin Trudeau said Monday.

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