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The Latest Breaking News on Hedge Funds

Twitter brain drain: Elon Musk’s takeover caused academic exodus, study shows

‘Twitter has been an important platform for academic communication and networking, especially among social scientists,’ researchers say

The Independent UK

How much will Southwest Airlines change to boost profits? Some details are emerging

Southwest Airlines leaders say they will provide more details about their plan to change the airline and increase profits

The Independent UK

Warren Buffett Entrusts His Children With 'Not So Easy' Task To Donate His $143 Billion Wealth; Eldest Son To Become Next Berkshire Hathaway Chairman

Berkshire Hathaway chairman Warren Buffett, 94, entrusted his children with the responsibility of donating his entire wealth upon his passing to charities of their choice. His new estate plans will also stop funding the Gates Foundation upon his death.

International Business Times UK

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What now for the Spectator under Paul Marshall’s ownership? The signs are pointing further right

Look for clues at the hedge fund manager’s GB News, where militant agitation trumps ratings and integrity, says Guardian columnist Zoe Williams

The Guardian - UK

The new owner of the Spectator didn’t cough up £100m just for the fun of it

Print media do face challenges but the influence they offer – especially on the right – is considerable

The Guardian - UK

Todd Boehly wants Chelsea resolution as Clearlake relationship breaks down

Todd Boehly has lost faith in his working relationship with Clearlake Capital and wants to find a resolution that would prevent civil war breaking out at Chelsea

The Guardian - UK

Southwest Gears Up for Proxy Fight With Elliott Investment

Elliott Investment is seeking major changes at Southwest Airlines, including several board seats. Here's what a proxy battle could mean.

Kiplinger

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Blackstone boss Stephen Schwarzman hits newt trouble amid £80m Wiltshire estate revamp

Stephen Schwarzman has been complaining to chancellor Rachel Reeves about the problems he’s been having with the UK’s planning process

The Independent UK

3 Mid-Cap Stocks With Strong Upside Potential

With the market hitting near-record highs and some experts warning about potential downturns, now might be the time to consider adding mid-caps to your investment mix. Thus, one could invest in fundamentally sound stocks like Acuity Brands (AYI), PVH Corp. (PVH), and NewMarket Corp. (NEU), which have strong upside potential.…

StockNews.com

Dame Jennifer Roberts obituary

High court judge who heard high-profile divorce cases and allowed the press to report on them

The Guardian - UK

Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death

Investor Warren Buffett has announced another $5.3 billion in charitable gifts Friday

The Independent UK

BA to hire 350 staff at Heathrow to avoid summer chaos – as it happened

Airline expects this summer to be its busiest since the pandemic and will hire people in customer services and ground handling

The Guardian - UK

Feds accuse investor of $4 billion "pump and dump" scheme

Trillium Capital never really planned to buy Getty Images.

Axios

Trump talks accelerate Musk’s political power surge

Musk and Trump's rhetorical alignment has moved beyond mutual distaste for President Biden's policies.

Axios

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Kiplinger

Stock Market Today: Stocks Rise as Fed Speakers Speak and Nvidia Awaits

Markets eked out gains in a low-volume session that was more focused on upcoming earnings from NVDA.

The Independent UK

Investor who inspired infamous ‘Wall Street’ Gordon Gecko character dies at age 87

“Greed is all right, by the way. I want you to know that. I think greed is healthy,” Boesky once famously said

The Independent UK

‘We are on the brink’: One in three chance of “civil war,” warns billionaire investors

Hedge fund manager and investor says America’s polarizing political climate could push it into a civil war

Top News

Pennsylvania Senate Race: Casey Vs. Mccormick

Pennsylvania's primaries feature a critical Senate race between Casey and McCormick, with implications for Senate control and broader political landscape.

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The Guardian - UK

Boris Johnson ‘refused to be open’ with watchdog about hedge fund role

Acoba chair Eric Pickles says rules on post-ministerial jobs are ‘unenforceable’ after former PM avoids answering questions

Evening Standard

Tottenham: Former owner Joe Lewis avoids jail time for part in insider-trading scheme

The 87-year-old was fined $5million [£3.95m] and sentenced to three years’ probation

The Guardian - US

Joe Lewis spared jail time for part in ‘brazen’ insider trading conspiracy

British billionaire who heads family that owns Tottenham Hotspur fined $5m and given three-year probation by New York judge

The Guardian - UK

‘Potentially serious impropriety’: Labour questions Johnson’s Venezuela meeting

Former PM’s meeting with President Maduro, in capacity as hedge fund consultant, is under further scrutiny

The Guardian - UK

Boris Johnson did not consult watchdog over paid role with hedge fund

Ex-UK PM was required to seek permission for paid role with Merlyn Advisors, for whom he spoke to Venezuela president

The Guardian - UK

US investor Elliott ends bid to buy UK retailer Currys

Bidder says multiple attempts to engage with high street group’s board were rejected

International Business Times

Ex-Twitter Execs Sue Musk For Unpaid Severance

Former top executives of Twitter sued Elon Musk on Monday saying he has failed to pay them nearly $130 million after the billionaire took over the social media company and dismissed them.

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