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The Latest Breaking News on Hedge Funds

Berkshire Hathaway Adds Nearly $600M In Occidental Petroleum Stock After Permian Basin Acquisition

Warren Buffett's conglomerate increased its ownership of Occidental this week, signaling approval of the Houston-based oil company's purchase of CrownRock.

International Business Times

Bill Ackman condemns doxxing of Harvard president’s home after antisemitism hearing saga

Non-profit news watchdog Accuracy in Media deployed four billboard-bearing trucks outside Claudine Gay’s home on Tuesday and Wednesday

The Independent UK

Berkshire can't use bribery allegations against Haslam in Pilot truck stop chain accounting dispute

A Delaware judge says Warren Buffett’s Berkshire Hathaway will not be allowed to use allegations that billionaire Jimmy Haslam tried to bribe employees at the Pilot truck stop chain as Berkshire defends itself in a trial over Pilot’s accounting practices

The Independent UK

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Billionaire denies ‘resentment’ toward Harvard after failing to oust president

Comment comes after the Harvard board announced that university president Claudine Gay would keep her job

The Independent UK

Why a billionaire set out to topple the heads of America’s top schools

The hedge-fund billionaire has allied with right-wing activists and Republicans in Congress to pressure universities, but some students and faculty say he’s gone too far, Josh Marcus reports

The Independent UK

This billionaire just helped topple UPenn’s president. Is Harvard next?

The hedge-fund billionaire has allied with right-wing activists and Republicans in Congress to pressure universities, but some students and faculty say he’s gone too far, Josh Marcus reports

The Independent UK

Warren Buffett's company's bribery allegations against the Haslam family won't be decided in January

Warren Buffett's company decided not to move forward with an expedited trial on its bribery allegations against the billionaire Haslam family in January under the strict conditions a judge set

The Independent UK

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Why would Elon Musk want to deliberately destroy X?

After an outburst this week, theories resurfaced about why he bought the platform. Is Musk just a narcissist who let his ego get in the way of sensible decisions?

The Guardian - US

Haslam family refutes allegation from Warren Buffett's company that it bribed truck stop chain execs

An attorney for the billionaire Haslam family has called the bribery allegations from Warren Buffett’s company a “wild invention."

The Independent UK

Elon Musk's X antisemitism row explained: Why are advertisers leaving the platform?

The Tesla-owning billionaire tells departing advertisers where to go in the harshest possible terms

Evening Standard

Buffett's Berkshire Hathaway says Haslams offered bribes to inflate Pilot truck stops earnings

Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshire to pay more for the Haslams’ remaining 20% stake…

The Independent UK

Charlie Munger of Berkshire Hathaway Has Died

Charlie Munger, vice chair of Berkshire Hathaway, died Tuesday, the company confirmed.

Kiplinger

Warren Buffett, 93, donates $866m of stock to charity but reassures public: ‘I feel good’

Legendary investor also says his three children ‘are executors of my current will’

The Independent UK

Crispin Odey faces driving ban just weeks after hedge fund collapsed amid sex assault claims

Odey was caught speeding through London in a Range Rover twice in the space of six weeks

Evening Standard

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The Independent UK

White House condemns Elon Musk’s ‘abhorrent’ promotion of antisemitism

Spokesperson for the White House said it was “unacceptable” for Elon Musk to promote the “hideous lie”

Zenger

Hedge Funds Caught On Wrong Side Of Treasury Market As Bond Rally Surprises

Record-high short positions on Treasuries backfire as smaller bond sales and weak job data ignite rally

The Guardian - UK

Harriett Baldwin: the fund manager turned Tory MP fighting sexism in the City

The fund manager turned politician is gunning for an industry that has not crawled out of the sexist dark ages. She may then turn her fire on Westminster

Salon

Expert: Weisselberg could lose probation

An article accused the former Trump Organization CFO of perjury during fraud trial testimony

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The Independent UK

Protesters briefly disrupt Amy Coney Barrett event as Supreme Court justice calls for ethics rules

Ms Barrett said while she and other justices disagree on opinions, they have collegial work relationships

The Independent UK

Bill Ackman calls for Harvard grads to be blacklisted over letter holding Israel ‘responsible’ for attacks

A group of 33 student organisations at Harvard University signed a letter arguing that Israel’s ‘apartheid regime’ created the impetus for the war

The Independent UK

X promises 'highest level' response on posts about Israel-Hamas war. Misinformation still flourishes

The social media platform X, formerly known as Twitter, says it is trying to take action on a flood of posts sharing graphic media, violent speech and hateful conduct about the latest war between Israel and Hamas

The Guardian - US

The women who earn more than their partners: ‘I’m with someone who is threatened by me’

In Netflix’s Fair Play, a couple crumbles when the woman is promoted, an experience many can relate to as the gender pay gap tightens

The Independent UK

Berkshire Hathaway's Charlie Munger gives $40 million in stock to California museum

Investor Charlie Munger, Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum he has supported in the past

Zenger

What It’s Like To Date Elon Musk

‌Musk's biography, which was released this month, revealed a lot about the billionaire's somewhat quiet love life.

The Guardian - UK

Elon Musk by Walter Isaacson review – pillock, genius, or both?

The tech mogul is portrayed as a brutal visionary with father issues in this comprehensive biography

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