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Carl Icahn’s investment arm’s stock slides after company again halves dividend

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Icahn Enterprises LP’s stock fell 7% early Friday, after a report that Carl Icahn’s investing arm is planning to cut its dividend to help raise the funds to expand his stake in portfolio company CVR Energy.

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Enphase to lay off workers and end some operations in Mexico

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Microinverter maker Enphase aims to “better align its workforce” with its business needs and will incur in up to $20 million in charges related to a restructuring.

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The S&P 500 breaks 6,000 and the Dow tops 44,000. Why stocks could keep climbing.

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The S&P 500 on Friday was trading above 6,000 for the first time in history, while the Dow Jones Industrial Average was soaring above 44,000 after Donald Trump’s election and the Federal Reserve’s interest-rate cut lifted the large-cap benchmark index to a fresh record. 

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Jamie Dimon will stay in his job, with no plans to join Trump administration

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JPMorgan Chase chief executive will help shape the economy while remaining at the helm of the largest U.S. bank, a source told MarketWatch.

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