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The Latest Breaking News on Hedge Funds

Leon Black Faces House Contempt Move in Jeffrey Epstein Records Probe After Missing Subpoena Deadline

The House has referred billionaire Leon Black to the Justice Department for potential criminal prosecution after he declined to comply with subpoenas issued during Congress's Epstein investigation.

International Business Times UK

US House holds billionaire Epstein associate Leon Black in contempt of Congress

The US House of Representatives on Wednesday held billionaire investor Leon Black in contempt of Congress for defying two subpoenas in its investigation into sex offender Jeffrey Epstein. The measure passed by unanimous consent and will be referred to the Justice Department, which will decide whether to pursue criminal charges.

France 24

House votes to hold Leon Black in contempt over Epstein subpoenas refusal

Billionaire has refused to comply with subpoenas from House oversight committee as part of Epstein inquiry

The Guardian - US

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Epstein survivors praise House panel over Leon Black contempt vote

Victims hail 41-0 vote in favor of holding billionaire in contempt over refusal to comply with panel’s subpoenas

The Guardian - US

House panel recommends contempt charge for billionaire Leon Black in Epstein probe

The House Oversight Committee has voted to recommend holding billionaire Leon Black in contempt of Congress in the investigation of Jeffrey Epstein

The Independent UK

All the Wrong Moves by Anthony Scaramucci review – confessions of an ex-Trumper

The president’s former press secretary has learned all the right lessons, but how come it took him so long?

The Guardian - UK

Crispin Odey loses appeal against lifetime ban from UK financial services industry

Judges uphold ruling that financier tried to ‘frustrate’ investigations into harassment claims against him

The Guardian - UK

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Apocalypse prep or pure pragmatism: what is behind Peter Thiel’s move to Argentina?

Relocation coincides with proposed laws that opponents say would entrench power of US tech billionaires in country

The Guardian - UK

Epstein survivors urge billionaire Leon Black to cooperate with House panel

Black called on to comply with subpoenas and appear as required to clarify connections to convicted sex offender

The Guardian - US

New Details Emerge In The Financial Aid For Prince Harry And Meghan Markle’s UK Move

Prince Harry and Meghan Markle’s UK return reportedly received financial backing from billionaire friend Ian Wace.

Bored Panda

Bessent Is Trying to Push Bond Yields Lower. His Former Mentor Says It Won't Work.

Billionaire investor Stanley Druckenmiller has emerged as one of the most prominent critics of the Treasury's expanding intervention in the bond market.

International Business Times

US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns

Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller

The Guardian - UK

Philanthropist Nancy Kissinger, wife of former Secretary of State Henry Kissinger, dies at 92

Philanthropist Nancy Kissinger, the wife of former Secretary of State Henry Kissinger, has died

The Independent UK

Epstein client Leon Black threatened with contempt by House panel chair

Republican James Comer writes to private equity investor demanding full cooperation with investigation

The Guardian - US

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The Times of India

Quote of the day by George Soros: "I'm only rich because I know when I'm wrong... I basically have survived by…" - why admitting mistakes can lead to success

Making a genuine mistake usually gets treated as something to avoid mentioning at all costs. At school, a wrong answer loses marks. At work, a poor decision invites criticism. In business, a bad call can genuinely cost real money. People are usually far more comfortable talking about their successes than…

The Times of India

Quote of the day by Michael Bloomberg: 'I'm not smarter than anybody else but I can outwork you', and a controversial career advice

In a professional world caught between working smart and working hard, Michael Bloomberg always maintained that he favored hard work because he was no genius. Today, this stands as a controversial piece of advice, but it remains the core principle that sustained his business career and his time in public…

The Independent UK

‘Bunch of idiots!’: Billionaire Lord Alan Sugar blasts American Express after credit limit rise denied

The Apprentice star angrily responded to followers about why he needs a credit card

Ballotpedia

Texas sues Glass Lewis over proxy advice disclosures

Texas Attorney General Ken Paxton (R) sued Glass Lewis in Texas District Court for Collin County on July 29, 2026, alleging deceptive trade practices. Glass Lewis is a San Francisco-based proxy advisory firm that advises institutional investors how to vote at corporate shareholder meetings.

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Benzinga

Michael Burry's Latest Call: Berkshire Isn't Warren Buffett Anymore

Michael Burry is done with Berkshire Hathaway Inc. (NYSE:BRK), and he’s not being subtle about it.

Benzinga

Michael Burry Warns Berkshire CEO Greg Abel Lacks Warren Buffett’s ‘Patience for the Fat Pitch:' ‘My Biggest Fear…Has Come True’

Famed investor Michael Burry has sharply criticized Berkshire Hathaway Inc.‘s (NYSE:BRK) new CEO, Greg Abel, claiming he lacks predecessor Warren Buffett‘s renowned discipline and “patience for the fat pitch.”

Benzinga

Berkshire Hathaway's Buyback Engine Roars Back As Net Earnings More Than Double To $25.7 Billion

Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) said Saturday that second-quarter net earnings attributable to shareholders jumped to $25.67 billion, more than double the $12.37 billion posted a year earlier, as a rebound in the conglomerate’s stock portfolio combined with a sharp step-up in share repurchases under CEO Greg Abel.

The Times of India

Quote of the day by Warren Buffett: 'The most important thing to do if you find yourself in a hole is to stop digging' and a useful business lesson

Among the vast collection of aphorisms attributed to Warren Buffett, few are as blunt or practical as his famous rule of self-correction: "The most important thing to do if you find yourself in a hole is to stop digging." While the statement sounds like simple common sense, it addresses one…

Benzinga

'Leopold Just Stopped Taking Calls': Inside the Week That Gutted Wall Street's Hottest AI Fund

On July 24, Leopold Aschenbrenner sent investors a letter touting returns of 439% for the year through June and 1,551% since inception.

The Times of India

'I may be one of the 10 luckiest': Warren Buffett says birth, timing and luck shaped his $147 billion fortune more than investing skill

Warren Buffett has spent decades being celebrated as one of history's greatest investors, building a fortune estimated at around $147 billion through Berkshire Hathaway. Yet the billionaire says the biggest reason for his success was never stock-picking or business instinct alone. Ahead of his 96th birthday, Buffett reflected on a…

Benzinga

Elizabeth Warren Grills Fed Chair Kevin Warsh Over Stanley Druckenmiller Ties: 'Who Gave You $100 Million?'

Federal Reserve Chairman Kevin Warsh was subjected to intense questioning by Sen. Elizabeth Warren (D-Mass.) regarding potential ethics violations.

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