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The Latest Breaking News on Hedge Funds

Elon Musk under fire for ‘silence’ over man facing death sentence for tweets

Fifty-year-old teacher found guilty of ‘describing the King or the Crown Prince in a way that undermines religion or justice’

The Independent UK

Outback Steakhouse Stock Surges After Activist Investor Builds Holdings As Restaurant, Grocery Consolidation Widens

Bloomin' Brands jumped early Friday after the WSJ reported Starboard Value is a top-five investor.

Investors Business Daily

Cause of death revealed for Goldman Sachs banker found in Brooklyn creek after leaving nightclub

‘The coroner’s office has confirmed that he drowned,’ father says

The Independent UK

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Block’s Stock Crashes Even After Beat-And-Raise Quarter, 5 Analysts Deep Dive Into Print

Shares of Block Inc (NYSE: SQ) tanked in early trading on Friday, even after the company’s beat and raise quarter

Zenger

Hedge Fund Billionaire Bill Ackman Bets Against Long-Term U.S. Treasuries, Predicts 5.5% Yields

Ackman cites structural changes and mounting concerns as reasons for his high-stakes bet

Zenger

Buffett Unfazed By U.S. Rating Downgrade, Continues $10 Billion Treasury Buying Spree

Berkshire Hathaway CEO remains confident in Treasuries as equities plunge and bond yields spike

Zenger

Billionaire Joe Lewis pleads not guilty to insider trading in schemes involving girlfriend and private pilots

Billionaire facing civil and criminal cases in New York

The Independent UK

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Billionaire whose family trust owns Spurs denies insider trading – reports

Joe Lewis, 86, pleaded not guilty to 16 counts of securities fraud and three charges of conspiracy when he appeared at Manhattan District Court.

The Independent UK

Billionaire whose family trust owns Spurs denies insider trading charges

Joe Lewis, 86, pleaded not guilty to 16 counts of securities fraud and three charges of conspiracy when he appeared at Manhattan District Court.

The Independent UK

British billionaire, owner of Tottenham soccer team, arrested on insider trading charges

British billionaire and Tottenham soccer team owner Joe Lewis is in custody and awaiting an initial appearance in a New York City courtroom, where he'll face insider trading and conspiracy charges

The Independent UK

Billionaire Leon Black accused of raping autistic teenager at Epstein townhouse

‘The violent and sadistic nature of Black’s rape left an indelible mark on her, both physically and psychologically,’ plaintiff Jane Doe alleges

The Independent UK

Tottenham Hotspur owner Joe Lewis charged with ‘brazen’ insider trading

Billionaire allegedly gave friends, employees and romantic partners information on companies in which he was investor

The Guardian - US

Ackman Boldly Predicts Vivek Ramaswamy To Win GOP Presidential Race

Hedge fund manager believes Ramaswamy's message will attract center-right voters and challenge Trump.

Zenger

Piper Sandler Strategist Warns Of Overpriced Market As Investors Ignore Inflation Risk

Rising price multiples and low earnings growth expectations signal potential market correction.

Zenger

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news in one place.

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Orlando Sentinel

Florida student who tracked Elon Musk’s jet on Twitter launches new account on Threads

The college student behind the Twitter account tracking Elon Musk’s private jet, whose account was banned after the billionaire purchased that social media site, has started an account on Mark Zuckerberg’s new Twitter competitor, Threads.

Daily Mirror

Jeffrey Epstein 'planned to hire Prince Andrew to be an adviser for new consultancy'

Emails sent between paedophile Jeffrey Epstein and his private banker claimed to show they discussed hiring Prince Andrew as a "star advisor" for a new consultancy firm

Zenger

Buffett’s Berkshire Hathaway Reduces Stake In Chinese EV Maker BYD

Speculation arises over a divergence in investment strategies between Buffett and his deputy Charlie Munger.

Salon

Inside Justice Alito's WSJ pre-buttal

The Journal editorial page accused ProPublica of misleading readers in a story that hadn’t yet been published

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news in one place.

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Zenger

How Buffett’s Late-Night Call To Paulson Saved The Economy

Buffett's idea to inject capital into banks instead of buying assets proved to be a success in the 2008 financial crisis.

The Guardian - UK

Republican donor invested in UK firm owned by Tory peer close to Boris Johnson

Former Tory party adviser Lynton Crosby joined as director three months after hedge fund billionaire Kenneth Griffin invested £1m

The Independent UK

Wall Street Journal defends Alito op-ed, blasting ProPublica’s ethics investigation as ‘political assault’

Editorial board calls latest investigative report into Supreme Court ethics a ‘non-scandal built on partisan spin’

The Guardian - US

Alito’s wrongdoing makes a supreme court ethics overhaul an imperative

Today’s supreme court is extremely powerful, increasingly political and decreasingly trusted. We need reform now

Salon

Leonard Leo has key role in SCOTUS mess

Billionaire Paul Singer and the lodge owner "were both major donors to Leo's political groups," ProPublica reports

The Independent UK

Wall Street Journal under fire for Justice Alito op-ed: ‘This has simply broken my brain’

Justice used Murdoch paper to defend 2008 private jet trip to King Salmon Lodge in Alaska

WEKU

Justice Alito refutes ProPublica report he should have disclosed luxury trip

Justice Samuel Alito says he didn't have to disclose a 2008 luxury trip to Alaska, or the flight on a private jet of hedge fund billionaire Paul Singer who had several cases before the high court.

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