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The Latest Breaking News on Hedge Funds

Rev. Al Sharpton sparks controversy with remarks on DEI agenda

Join the fiery debate as Shelby Steele and Reverend Al Sharpton clash over the role of DEI and the resignation of Claudine Gay at Harvard. A passionate and...

Top News

Al Sharpton says ousted Harvard chief was ‘scapegoat’ in fight against diversity

Civil rights leader hosts protest outside office of alumnus who spearheaded campaign to remove Claudine Gay and criticized DEI

The Guardian - US

After Adani verdict, media revives Soros spectre, tries to attribute it to SC

On a day the Supreme Court granted relief to the Adani Group over petitions seeking an SIT probe into the Hindenburg report’s allegations, sections of the media seemed to revive the spectre of George Soros even when the billionaire hedge fund investor had found no mention in the 46-page verdict.

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Prince Andrew named in Jeffrey Epstein court documents as secret files made public

Scores of names are contained in long-running, now-settled defamation lawsuit brought by Epstein victim Virginia Giuffre

The Independent UK

‘A bully’: the billionaire who led calls for Claudine Gay’s Harvard exit

US hedge fund manager Bill Ackman posts 4,000-word screed decrying ‘racism against white people’ after Gay’s departure

The Guardian - US

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

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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

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

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

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Evening Standard

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

Investors Business Daily

Treasury Yields Tumble But S&P 500 Slips; Three Things To Know

Treasury yields are swooning across the board as the Fed moves toward rate cuts, but the S&P 500 is barely taking note. Here are some things to keep in mind.

The Independent UK

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…

Investors Business Daily

Activist Investor Elliott Holds $1 Billion Stake In Phillips 66, Signals Board Shake-Up

Elliott Management wrote to the board calling for better performance Wednesday.

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Kiplinger

Charlie Munger of Berkshire Hathaway Has Died

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

The Independent UK

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’

Evening Standard

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

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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