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Carl Icahn reportedly owns sizable stake in Caesars, sending shares soaring
The casino operator, which runs Caesars Atlantic City and Caesars Palace, missed market expectations for first-quarter results, offset by low table hold in its Las Vegas segment.
Jeffrey Epstein’s ‘black book’ with 221 additional high-profile names is being sold to a secret bidder
Late pedophile Jeffrey Epstein is going to name names — again.
Billionaire to get 2 JetBlue board seats, days after taking 10% stake
The two sides are finalizing a settlement agreement that would allow them to avert a proxy fight.
JetBlue shares jump 22% after Carl Icahn reports stake in airline, calls shares undervalued
Billionaire Carl Icahn sent shares of JetBlue spiking more than 15% in extended trading after the activist investor reported a nearly 10% stake in the airline and said its stock...
Illumina to divest cancer test maker Grail
The divestiture will be executed through a third-party sale or capital markets transaction, San Diego-based Illumina said in a statement, adding that it would finalize the terms by second quarter...
Billionaires drive up average Palm Beach home price to $14 million
A slew of billionaires -- including more than 100 Wall Street firms -- have decamped to South Florida in recent months, so it's no wonder the median price of a...
New York loses $1 trillion in Wall Street business as fed-up firms flee the city: report
Of 158 NY-based companies managing $993 billion in assets, 56 have decamped to Florida, including hedge fund tycoon Paul Singer's Elliott Management and closely-watched stock picker Cathie Wood's ARK Investment...
Carl Icahn's firm slashes dividend by 50% after Hindenburg's 'Ponzi' claim
Hindenburg said Friday it remained short on the company, in a post on messaging platform X, formerly known as Twitter.
Carl Icahn gets breathing room from banks after short seller's attack
Shares of Icahn Enterprises soared Monday after reaching deals with Bank of America and others.
World's richest people have become $852B wealthier in 2023
The 500 richest people in the world have added $852 billion to their wealth so far in 2023. Elon Musk tops the list and has increased his fortune by $96.6...
Shares of Carl Icahn's hedge fund drop 25% after attack from rival Bill Ackman
Ackman's tweet echoed Hindenburg's allegation that Icahn Enterprises was relying on a "Ponzi-like structure" to pay dividends.
Bill Ackman reignites feud with nemesis Carl Icahn after scathing Hindenburg report
Bill Ackman twisted the knife into old rival Carl Icahn on Wednesday with a broadside attack that questioned the valuation of the famed activist investor’s flagship firm, whose company has...
Carl Icahn's hedge fund suffers 20% stock drop after revealing federal probe
Shares of Icahn Enterprises fell by some 20% on Wednesday after it was learned that federal prosecutors sought documents from the company.
Hindenburg Research blasts Carl Icahn's hedge fund as 'Ponzi-like' in latest short-seller campaign
Hindenburg revealed that it has taken a short position on units of Icahn Enterprises.
Wall Street titans warn of crisis after SVB's failure: 'Canary in the coal mine'
Wall Street titans are sounding the alarm about looming economic trouble.
Investor set to bag windfall from Elon Musk's Twitter deal -- but house ravaged by Hurricane Ian
Matt Halbower in 2019 moved his hedge fund's headquarters from the Chicago suburb of Evanston, Ill. to Naples, Fla., where he owned a $14 million mansion, sources said.
McDonald’s director targeted by Carl Icahn retires as company reshapes board
Carl Icahn attempted to force changes over how McDonald's sources the pork used in its bacon cheeseburgers and sausage patties.
McDonald's shareholders reject Carl Icahn's board nominees
Shareholders have re-elected all of McDonald's directors, ending a boardroom battle with billionaire investor Carl Icahn who had sought to shine a spotlight on his campaign over animal welfare.
Carl Icahn warns US economy could tip into 'recession or worse'
Carl Icahn, the billionaire investor and corporate raider, said that the American economy could be in for a "recession or even worse" as policymakers struggle to bring rapid inflation under control. “I...
Global bonds fall $2.6 trillion -- its worst since 2008 financial crisis
The global bond market is in the grip of its worst freefall since the 2008 financial crisis as central banks struggle to bring rampant inflation under control. Government and corporate...