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ADP shares spike on report that hedge fund manager Bill Ackman is building a stake

Pershing acquiring shares in the business outsourcing company, Bloomberg reports, and shares are up 11% Thursday.

Source: CNBC.com

Discovery and Scripps in deal for at least $90 a share as Viacom bid falls short — sources

Viacom's all-cash bid falls short and Scripps and Discovery are working to finalize details of a deal.

Source: CNBC.com

Discovery preferred bidder in Scripp takeover battle, in deal for at least $90 a share -- sources

The operator of TLC and Animal Planet enters exclusive talks after edging out Viacom, sources tell CNBC.

Source: CNBC.com

Comcast should buy Verizon for $215 billion, Citi analyst says

Citigroup research figures Comcast could pay a 20 percent premium in a deal for the wireless operator.

Source: CNBC.com

Gary Cohn is a contender for Fed chief even though 'he doesn't know this,' Trump says

Cohn and Yellen are both candidates to be the next Chairman of the Federal Reserve, president tells the Wall Street Journal.

Source: CNBC.com

Scaramucci, back-slapping hedge-fund magnate and GOP fundraiser, reaches the White House

After months of fits and starts, the former hedge fund and investment conference chief lands a role in Trump's inner circle.

Source: CNBC.com

Capital One shares jump 4% after it beats profit expectations

The bank reported earnings of $1.94 a share and 7% increase in revenue for the quarter.

Source: CNBC.com

Hedge funders scramble for ways to pay tax bill now that a big loophole is closed

An IRS rule change will force managers to pay billions of dollars in taxes on pay they have accumulated in offshore funds

Source: CNBC.com

There's an off-the-wall reason why Capital One's earnings could take a hit Thursday

After a New York lender writes down a big chunk of its taxi medallion loan book, analysts wonder if Capital One is next.

Source: CNBC.com

Bill Ackman tweets picture of himself ordering Chipotle in middle of latest food safety scare

The hedge fund billionaire said he is eating his own cooking.

Source: CNBC.com