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Hedge Funds Carl Icahn

  • Trump plans to meet with a group of infrastructure business leaders, including Elon Musk of Tesla Inc White House on Wednesday. A potentially lengthy U.S. legislative fight over a replacement of the Obamacare health law begins on Wednesday as two House of Representatives committees begin negotiating changes to a Republican plan backed by Trump.

  • A watchdog group is calling on lawmakers to investigate Icahn's role with the president

    Public Citizen wants lawmakers to look into Carl Icahn's role within the Trump administration.

  • March 8- A government watchdog group, Public Citizen, said on Wednesday it will ask lawmakers to investigate whether billionaire investor Carl Icahn should have been subject to lobbying disclosure laws when he advised President Donald Trump to overhaul the U.S. biofuels program. The group said it would make its request for a probe in a letter to Congress later...

  • March 7- Innoviva Inc said activist investor Sarissa Capital Management LP had nominated four directors to replace a majority of the drug company's board. Innoviva, formerly Theravance Inc, urged shareholders to vote for its recommended seven nominees at the 2017 annual meeting. Sarissa Capital Management LP, a hedge fund run by billionaire investor Carl...

  • March 7- Innoviva Inc said on Tuesday activist investor Sarissa Capital Management LP had nominated a slate of directors to replace a majority of the company's board. Innoviva, formerly Theravance Inc, urged shareholders to vote for its recommended seven nominees, adding Sarissa had provided no rationale for its actions nor proposed a new strategic...

  • WASHINGTON, March 6- The Trump administration is reviewing the possibility of a key change to U.S. biofuels policy requested by oil refiners and Carl Icahn, the billionaire investor and special advisor on regulations to President Donald Trump, a White House official said on Monday. The administration has no position "either way on this issue at this time," the...

  • NEW YORK, March 3- The head of the Renewable Fuels Association says billionaire investor Carl Icahn told him last week President Donald Trump was about to issue an order overhauling the U.S. biofuels program- something both Icahn and the White House have denied. Clarifying for the first time how the Washington- based lobbying group had been led to believe Trump...

  • Carl Icahn, billionaire activist investor, waits for Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, not pictured, to speak at an election night event in New York, U.S., on Tuesday, April 19, 2016.

    "He was smarter than I was. I stayed at the party," Wilbur Ross tells CNBC.

  • WASHINGTON, March 2- The Financial Stability Oversight Council, made up of all major U.S. financial regulators, met late on Thursday afternoon and reviewed its designation of a nonbank firm as "too big to fail," according to a statement from the Treasury Department. The council analyzes its designations each year to see if they are still relevant, but the Thursday...

  • WASHINGTON, March 2- The Financial Stability Oversight Council, made up of all major U.S. financial regulators, met late Thursday afternoon and reviewed its designation of a nonbank firm as "too big to fail," according to a statement from the Treasury Department. The council analyzes its designations each year to see if they are still relevant, but the Thursday...

  • NEW YORK, March 2- A coalition of trade groups representing oil, biofuels and other interests pressed the U.S. government on Thursday to deny requests to tweak the country's biofuels program, the latest in a series of political maneuvers that have roiled markets. Some 15 trade groups including the American Petroleum Institute, Biotechnology Innovation...

  • Carl Icahn sells the shuttered Trump Taj Mahal casino.

  • A sign marks the Trump Taj Mahal Hotel and Casino in Atlantic City, New Jersey.

    Billionaire Carl Icahn is selling the shuttered Trump Taj Mahal casino in Atlantic City to Hard Rock International and two New Jersey investors.

  • Trump continues to focus on drug pricing

    CNBC's Meg Tirrell reports the latest in healthcare, including what President Trump's address to Congress means for the space.

  • Richard Grubaugh (l), Richard Mulligan (c), and Alex Denner (r), of Icahn Partners.

    The hire signals Carl Icahn may be back, at a time when biotech valuations are 25 percent off their 2015 highs.

  • Feb 28- The White House on Tuesday denied that President Donald Trump planned to issue an executive order to change the national biofuels program, after the U.S. Renewable Fuels Association said Trump's team had informed the group an order was pending. White House spokeswoman Kelly Love, however, said on Tuesday afternoon "there is no ethanol executive order in...

  • It also drew sharp criticism from some ethanol groups who said Trumps regulation adviser, billionaire investor and refinery owner Carl Icahn, had engaged in self-dealing by pushing for the deal. The head of the Renewable Fuels Association said the White House had informed him that Trump intends to sign an executive order shifting the obligation of blending...

  • Feb 28- The head of the Renewable Fuels Association said on Tuesday that U.S. The news sent prices of compliance credits used to meet annual standards tumbling to as low as 30 cents apiece on Tuesday from 47 cents to 48 cents previously. Renewable Fuels Association Chief Executive Officer Bob Dinneen said a Trump administration official told the trade group...

  • Feb 27- Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's firm and a source familiar with his plans said that he is exploring launching his own hedge fund. Merksamer had since 2008 been a managing director at Icahn Capital, a unit of Icahn Enterprises LP, and served on the boards of more than a...

  • Feb 27- Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's hedge fund firm, and it was unclear on Monday how Icahn's interests will be represented at those companies going forward. Merksamer had since 2008 been a managing director at Icahn Capital, a unit of Icahn Enterprises LP, and served on...