Carl Icahn, a newly named adviser to President-elect Donald Trump, said Thursday that burdensome US regulations were hindering free enterprise, and oil refining in particular.
In an interview with CNBC, Icahn, the famed Wall Street activist investor, also suggested he would help push the new Trump administration towards broad-based deregulation, as he is widely expected to do.
Trump said WednesdayRead more
An activist hedge fund revealed it owns nearly 10 percent of Pandora and called for the sale of the Internet radio service.
Corvex Management managing partner Keith Meister said in a letter to the Pandora board that his fund holds about 22.7 million shares, making it the Oakland-based company's largest shareholder with a stake of 9.9 percent.
"We have becomeRead more