Stocks

Carl Icahn sells over half of his stake in Herbalife

Icahn sold about $600 million of his 16% Herbalife stake back to the company in recent days, according to people familiar with the matter. That leaves him with a roughly 6% stake, worth $400 million.

NYSE starts process of delisting three Chinese telecom companies

The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled by the military.