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The Latest Breaking News on Hedge Funds

Billionaire Ken Griffin sues IRS over leaked tax records

Multibillionaire Ken Griffin filed a lawsuit against the IRS Tuesday alleging the agency violated his right to privacy after investigative journalism outlet ProPublica reported in April on the tax records of the Republican megadonor and former Chicagoan.

Chicago Tribune · Dec 14, 2022

Dartmoor camping ban could hit birdwatchers and climbers, court told

National park argues attempt by landowner to stop people sleeping overnight could restrict other ‘sedentary pursuits’

The Guardian - UK · Dec 14, 2022

Delays to mental health treatment in England ‘putting more children in care’

Association of Directors of Children’s Services says delays mean parents can no longer cope with children’s behaviour

The Guardian - UK · Dec 14, 2022

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'People are striking out of desperation - the Government is to blame for the disruption'

The real-term pay for teachers is down 9% since 2010, while nurses’ has fallen by 8% - this is the the reason why so many people have resorted to industrial action

Daily Mirror · Dec 13, 2022

Legal right to wild camp on Dartmoor never existed, court hears

Lawyers for landowner Alexander Darwall argue camping is not explicitly mentioned in laws

The Guardian - UK · Dec 13, 2022

Inflation was so bad that it even crushed inflation-linked bonds

As the U.S. economy veered toward the biggest inflation shock in four decades, investors flocked to the one corner of Wall Street that seemed a sure-fire refuge: Treasuries that provide extra compensation to keep up with rising consumer prices.

Tribune News Service · Dec 12, 2022

Exclusive: Major League Pickleball finalizes 2023 expansion plans

MLP has finalized the format and schedule for 2023, which will see the league double its number of teams and events.

Axios · Dec 12, 2022

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BlackRock facing more blowback over ESG as GOP pressure mounts

It’s been a tough couple weeks for BlackRock Inc., the world’s largest money manager, which endured fresh blows from Republican officials sharply critical of ESG.

Tribune News Service · Dec 10, 2022

Wild campers to protest against landowner’s bid to ban Dartmoor camping

High court will rule next week on challenge brought by Alexander Darwall to remove right to wild camp on moor

The Guardian - UK · Dec 10, 2022

Hedge fund CEO’s employee gift of three days at Disney World stirs controversy

Celebrations come as Wall Street firms prepare for leaner times and cut back

The Independent UK · Dec 9, 2022

Vanguard quits clean energy group after 13 states complain

One week after 13 Republican state attorneys general asked federal energy officials to consider blocking Vanguard Group from buying utility stocks because of its relationships with anti-coal and anti-natural gas activists, the Malvern, Pennsylvania-based investment giant has pulled out of an international group committed to reducing net greenhouse gas emissions…

The Philadelphia Inquirer · Dec 8, 2022

SEC urged to rejig rules after MORE scandal

The Association of Securities Companies (Asco) and its members have proposed the Securities and Exchange Commission (SEC) adjust the regulations regarding stock manipulation in the aftermath of the More Return Plc (MORE) scandal.

Bangkok Post · Dec 8, 2022

Trafigura hands out $1.7bn in dividends on profits fuelled by Ukraine war

Commodity trader posted record profits of $7bn after ‘exceptionally strong’ year

The Guardian - UK · Dec 8, 2022

Trump blowback could carry less bite in 2024 for some in GOP

Donald Trump’s attacks on fellow Republican David McCormick contributed to the former hedge fund manager’s loss in Pennsylvania’s Senate primary in May

The Independent UK · Dec 8, 2022

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StockNews.com · Dec 7, 2022

Are You Ready for the Bear Market to Return?

One has to laugh at the macho stock rally the bulls pulled off last week as they ONCE AGAIN misunderstand the statements of the Fed. As clearer heads prevail the stock market (SPY) have erased all of last weeks gains and then some. That is the past. What matters is…

StockNews.com · Dec 7, 2022

The 2 Attractive Stocks in Warren Buffett’s Portfolio to Watch Now

Renowned investor Warren Buffett’s investing strategy has been a guide to investors for several years now. Therefore, quality stocks Diageo plc (DEO) and Activision Blizzard (ATVI) from Warren Buffett’s portfolio could be good additions to your watchlist. Read on….

The Guardian - UK · Dec 7, 2022

BlackRock CEO faces call to step down amid claims of hypocrisy

Hedge fund says company still too attached to fossil fuels as it promotes eco-conscious strategy

Axios · Dec 7, 2022

Stock market bulls just might be back

Investors aren't too worried about a recession.

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StockNews.com · Dec 5, 2022

3 Hot Stocks With More Room to Run in 2023

As inflation shows signs of easing and the Fed is expected to slow the pace of rate hikes, the market’s prospects look bright. Therefore, fundamentally strong stocks CVS Health (CVS), Archer-Daniels-Midland (ADM), and Box (BOX) could keep soaring. Wall Street analysts expect upsides in these stocks over the next 12…

Evening Standard · Dec 5, 2022

Hedge fund boss told PA to break lockdown rules to come to work

Hedge fund boss, Ramy Goldstein was found by a tribunal to have wrongly interpreted Covid lockdown rules

Tribune News Service · Dec 4, 2022

Hwang seeks dismissal of charges for ‘deceitful’ US conduct

NEW YORK — Archegos Capital Management’s Bill Hwang asked a judge to toss out fraud charges against him because prosecutors allegedly engaged in “deceitful” conduct in the early days of the government’s probe.

Bangkok Post · Dec 3, 2022

'Most' institutions will face share-sale tax

Most institutional investors in Thailand won’t be exempted from a tax levied on stock transactions that will resume next year after more than three decades, authorities say.

The Guardian - UK · Nov 30, 2022

Hedge fund billionaire Sir Chris Hohn paid himself ‘£1.5m a day this year’

The £574m payout is thought to be highest annual amount ever paid to one person in Britain

Tribune News Service · Nov 30, 2022

Billionaire investor Leon Black accused of rape in new Adult Survivor’s Act lawsuit

NEW YORK — A billionaire investor with ties to the late pedophile Jeffrey Epstein has been accused of raping a young mother at Epstein’s Upper East Side mansion under New York’s new Adult Survivor’s Act.

Tribune News Service · Nov 28, 2022

Apollo co-founder Leon Black accused in new suit of rape in Epstein mansion

Apollo Global Management co-founder Leon Black was sued by a woman who claims the billionaire raped her in 2002.

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