Carl Icahn

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 ‘US markets halved in 2000-02 and again in 2007-09, but you have to go all the way back to the 1930s to find the last time stocks more than halved in value.’ Photograph: Eduardo Munoz Alvarez/Getty Images

Markets are doomed. Again. Warnings of looming Armageddon have become routine over the last decade, so it wasn’t surprising to hear another apocalypti(...)

Xerox is considering making a cash-and-stock offer for HP. Photograph:  Josh Edelson/AFP

Xerox has lined up financing from Citigroup as it weighs as potential bid for HP, according to a person with knowledge of the matter. Xerox is consid(...)

  Occidental Petroleum is set to raise $13 billion  through the US bond market   to fund its takeover of Anadarko. Photograph: Reuters

Occidental Petroleum is set to raise $13 billion (€11.6 billion) through the US bond market on Tuesday to fund its takeover of Anadarko, an acquisitio(...)

Alphabet’s cash is produced almost entirely by its search advertising business, which has been supplemented by strong growth from YouTube. Photograph: Getty

The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade, has passed to G(...)

Eldorado Resorts is buying Caesars Entertainment for about $8.58 billion. Photograph: Scott Eisen/Bloomberg

Eldorado Resorts is buying Caesars Entertainment for about $8.58 billion in a deal backed by activist billionaire Carl Icahn that will create the larg(...)

Jeff and MacKenzie Bezos. Ms Bezos has promised to give away more than half her $36.6 billion fortune. Photograph: EPA

MacKenzie Bezos, who recently became the world’s fourth richest woman following her divorce from Jeff Bezos, founder and chief executive of Amazon, ha(...)

Hedge fund manager Bill Ackman lost hundreds of millions of dollars betting against nutritional supplement company Herbalife. Photographer: Scott Eells/Bloomberg

Legendary investor Bill Gross was the most successful bond manager of his generation but his career ended miserably earlier this year after he made ri(...)

 Lyft’s co-founders Logan Green and John Zimmer laid out a vision of the company as a way to reduce traffic and pollution, make cities more liveable and encourage connections among people of different backgrounds. Photograph: Gabby Jones/Bloomberg via Getty Images

The San Francisco-based car-booking app Lyft has kicked off what is expected to be a record-breaking race by tech companies to the public markets this(...)

CRH CEO Albert Manifold. ‘CRH has been substantially restructured by the CEO over the past five years,’ says Davy.  Photograph: Nick Bradshaw

CRH shares jumped on Wednesday after Europe’s biggest activist investor said it has built up a stake in the building materials giant, prompting specul(...)

Dell Technologies chief executive Michael Dell and Silver Lake Partners are offering $109 a share for DVMT.

Dell Technologies is sticking with its $21.7 billion plan to go public by buying its tracking stock, DVMT, despite investor Carl Icahn’s objections. (...)

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