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GOP, Cruz Tell FCC ‘Pencils Down’ After Trump Win

Congressional Republicans wasted no time this week in putting their stamp on internet policy. Two days after the election, Sen. Ted Cruz, a Republican from Texas, sent a “pencils down” letter to Federal Communications Commission Chairwoman Jessica Rosenworcel. “I request the FCC and all of its bureaus and offices immediately …

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Icahn Enterprises Halves Dividend to Boost CVR Energy Stake

(Bloomberg) — Billionaire activist investor Carl Icahn’s investment fund is cutting its dividend payout by half as it plans to boost its stake in CVR Energy Inc. Most Read from Bloomberg Icahn Enterprises LP will distribute a dividend of $0.50 per depositary unit in the third quarter, down from $1 …

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