Investing

Starboard Value is “certainly interested in the story at Bristol-Myers,” Jeffrey Smith, co-founder and CEO of the activist hedge fund, told CNBC on Tuesday. However, Smith refused to comment on a weekend Bloomberg report about Starboard taking a stake in the embattled pharmaceutical giant, which last month agreed to buy troubled cancer drug company Celgene
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White House economic advisor Larry Kudlow implied Friday that Democratic proposals to increase taxes on the wealthiest Americans could lead to economic troubles akin to those in Venezuela. “”Taxing rich people – that’s an old saw from the left. It never works,” Kudlow told Fox Business. “I don’t know how these elections and nominations and
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