Buyout firm KKR gets taste of own medicine as activist ValueAct announces stake

Shares of private equity giant KKR jumped on news Thursday morning that activist investing firm ValueAct has taken out a significant stake. KKR’s stock rose more than 6 percent after ValueAct principal Mason Morfit announced a stake of about 5 percent through...

House is on ‘80% common ground’ with Trump on taxes, Ways and Means chair Brady says

The top House tax writer said Thursday the chamber is on “80 percent common ground” with the White House on tax reform. Republican Rep. Kevin Brady, chairman of the House Ways and Means Committee, echoed House Speaker Paul Ryan in saying the House largely...

Wall Street is so bullish about Trump’s tax plan a bank just ‘double upgraded’ Cisco on it

Credit Suisse told investors to buy Cisco shares because the company will thrive under President Donald Trump’s tax reform, saying it will enable an increase to its shareholder return program and allow for more strategic acquisitions.The firm raised its rating...

Twitter CEO says poor progress on tackling trolls is ‘not something that we are proud of’

The Twitter boss said the company and employees then took on a “completely different mindset”. “We had people drop what they were doing and really focus on this as an issue. And in the past three months we’ve been shipping every single day...