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The Latest Breaking News on Hedge Funds

Berkshire Hathaway After Buffett: What's Next for Investors?

CEO Greg Abel's playbook looks a lot like Warren Buffett's, but with some twists.

Kiplinger

Crispin Odey tried to ‘manipulate’ sexual assault victim, FCA tells court

Former hedge fund manager warned ex-employee he had groped that Financial Conduct Authority may question her

The Guardian - UK

Crispin Odey: I can’t remember telling female employee ‘I could attack you now’

Hedge fund tycoon faces questions in court over sexual harassment allegations that have left his career in tatters

The Guardian - UK

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Ray Dalio Says US Will Lose The War With Iran if It Fails to Break the Strait of Hormuz Blockade

Billionaire investor Ray Dalio warns that the United States risks an 'empire-ending' defeat and the collapse of the petrodollar if it fails to break Iran's blockade of the Strait of Hormuz.

International Business Times UK

Berkshire Hathaway Makes First Buyback in Nearly Two Years Amid Kraft Heinz Split Hold

Berkshire Hathaway resumes share buybacks after nearly two years as CEO Greg Abel backs Kraft Heinz decision to pause its planned company split.

International Business Times

Gates Admits Past Affairs with Russian Bridge Player and Physicist After Microsoft Investigations Followed

Bill Gates admits to past affairs with Russian women and clarifies his ties with Jeffrey Epstein during a town hall, amid scrutiny over his personal life and its impact on his philanthropic work.

International Business Times UK

Epstein-linked Leon Black waged bid to ‘silence’ law firm and accusers, suit says

Wigdor LLP accuses billionaire of trying to ‘destroy those who seek to hold him to account for alleged sexual assault’

The Guardian - US

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Bill Gates 'admits having affairs with two Russian women' as billionaire apologises for Epstein ties

The Microsoft founder described his meetings with the late paedophile as a ‘huge mistake’

Evening Standard

Bill Gates Admits to Affairs With Two Russian Women, Apologizes for Epstein Ties as New DOJ Files Renew Scrutiny

U.S. philanthropist and creator of Microsoft Bill Gates has acknowledged having extramarital affairs with two Russian women during his marriage to Melinda French Gates, while pushing back on claims circulating online that he "admitted" to being with Russian prostitutes.

Latin Times

Bill Gates apologizes to foundation staff for Jeffrey Epstein ties

Microsoft co-founder admits affairs and calls meetings ‘huge mistake’ but denies involvement in Epstein’s crimes

The Guardian - US

Epstein survivor slams Les Wexner’s ‘abhorrent’ testimony

Maria Farmer says she ‘suffered abuse at the hands of Jeffrey Epstein and Ghislaine Maxwell’ at Wexner’s estate

The Independent UK

Billionaire Les Wexner says he was ‘duped’ by Jeffrey Epstein

The billionaire said he was unaware of Epstein’s criminal conduct

The Independent UK

"Denied everything": Dems blast Wexner for downplaying Epstein ties

Wexner testified that he did not consider Epstein a close friend, a person familiar with the matter told Axios.

Axios

Les Wexner faces closed-door deposition over Epstein ties as new DOJ files emerge

Billionaire Les Wexner faced a congressional deposition over his past ties to Jeffrey Epstein. New documents reveal Epstein managed Wexner's finances, with Wexner claiming Epstein stole millions. Despite Wexner's claims of severing ties in 2007, emails show contact in 2008. Wexner denies knowledge of Epstein's crimes.

The Times of India

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Axios

Les Wexner's ties to Jeffrey Epstein, explained

Wexner is set to testify as pressure mounts over the Epstein files.

The Independent UK

Billionaire Les Wexner to be deposed in congressional probe of Epstein files

Les Wexner’s long-time friendship with the late sexual predator Jeffrey Epstein will be the subject of a closed-door congressional deposition in Ohio

The Independent UK

Warren Buffett's company invests in the New York Times six years after he sold all his newspapers

Five years after Warren Buffett sold off all of Berkshire Hathaway’s newspapers and predicted unending declines for the industry, Berkshire disclosed a new $350 million investment in the New York Times on Tuesday

Bored Panda

“This One Shook Me”: Epstein Files Reveal Disturbing Details About Relationship With Ex’s Teen Daughter

Unsealed DOJ files exposed Jeffrey Epstein’s obsessive "Uncle" role in ex-girlfriend's daughter, Celina Dubin’s life.

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The Independent UK

Cardi B’s Super Bowl cameo sparks formal complaint to US regulator

Cardi B was part of Bad Bunny’s Super Bowl halftime show on Sunday but a dispute has arisen as to whether the star was singing

Kiplinger

Tied Up in Knots Over a Concentrated Stock Position? This Strategy Will Help You Unravel

If you've built significant wealth through stock in one company, deciding your next move may be petrifying. Use this decision-making framework to get unstuck.

The Guardian - UK

Epstein was not ostracised for his crimes. To some powerful men, he became even more appealing

The latest tranche of files expose how he was viewed as a sexual svengali – and an expert on dodging the #MeToo movement, says Guardian US columnist Moira Donegan

Kiplinger

Why the Next Fed Chair Decision May Be the Most Consequential in Decades

Kevin Warsh, Trump's Federal Reserve chair nominee, faces a delicate balancing act, both political and economic.

The Independent UK

Chairman of prominent law firm resigns in latest fallout over Epstein files

Karp was apparently reviewing a draft court filing in which Epstein's lawyers argued that his plea deal

The Guardian - UK

Rape allegation against ex-Barclays CEO Jes Staley was raised in US Epstein investigation

Newly unsealed files claim the banker, who has denied any wrongdoing, forced a woman to touch his genitals during a massage before raping her

The Guardian - US

Bill Gates says he ‘regrets’ knowing Epstein as ex-wife alludes to ‘muck’ in marriage

Melinda French Gates insists Microsoft founder has questions to answer over his relationship with Epstein

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