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The Latest Breaking News on Hedge Funds

Bill Ackman Rips Chuck Schumer Over Zohran Mamdani Praise, Calls It 'Pathetic,' Warns NYC Risks $10 Billion In Lost Wealth

Pershing Square Capital Management CEO Bill Ackman launched a scathing attack on Sen. Chuck Schumer (D-N.Y.) on Wednesday over his endorsement of Zohran Mamdani, the progressive Democrat who won New York City’s mayoral primary.

Benzinga

Two US Lawmakers On The Armed Services Committee Quietly Snapped Up L3Harris Shares Leading Up To Iran Tensions: 'This Shouldn't Be Legal'

Two U.S. lawmakers are being called out after disclosing their stock purchases involving defense contractor L3Harris Technologies Inc. (NYSE:LHX), in the lead up to conflict with Iran, while serving on the Congressional Armed Services Committee.

Benzinga

Ex-analyst guilty of £1m insider trading while working from home during Covid lockdown

Redinel Korfuzi, who made £963,000 in around six months through the scheme, was convicted alongside his sister Oerta Korfuzi

The Independent UK

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Treasury Secretary Bessent Reacts To Reported Fight With Musk, Says He's 'More of a Ninja' While Comparing Elon To a 'Viking'

Treasury Secretary Scott Bessent addressed the fight with Elon Musk, which at one point got physical, according to reports

Latin Times

Trump Aides Have Reportedly Scheduled a Call With Musk To Deescalate Their Feud

Donald Trump aides have reportedly scheduled a call with Elon Musk to deescalate their explosive feud

Latin Times

Elon Musk says Donald Trump appears in Epstein files as huge row explodes in public view

Falling-out between former close allies explodes as Trump says Musk has gone ‘crazy’ and billionaire hits back accusing US President of ‘ingratitude’

Evening Standard

Elon Musk 'Wasn't Helpful' in His Criticism of Trump's 'Big, Beautiful Bill', Republican Lawmaker Says

A Republican Representative has called billionaire Elon Musk's sentiments towards the GOP spending bill "unhelpful", further stating that Musk's criticism was "disappointing" for the party.

Latin Times

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Bill Gates' Children Set To Inherit Less Than 1% Of His £85.7bn Fortune: Who Are They?

Bill Gates has pledged to donate 99% of his fortune by 2045, leaving under 1% to his three children. Here's some quick facts about Jennifer, Rory, and Phoebe Gates.

International Business Times UK

Bill Gates to donate '99% of his billions' to fix Elon Musk's mess: "The picture of the world's richest man killing the world's poorest children is not a pretty one"

Microsoft co-founder Bill Gates will give away $200 billion and spend the next 20 years eradicating deadly diseases and premature deaths of mothers and babies.

Windows Central

Bill Gates Slams Elon Musk After Pledging To Donate 99% Of His Fortune: 'Killing The World's Poorest Children'

Billionaire Bill Gates pledged to donate 99% of his fortune to the Gates Foundation over the next years before closing down the organization in 2045

Latin Times

Warren Buffett To Remain As Berkshire Hathaway Board Chair

American investor Warren Buffett, 94, will remain as chairman of Berkshire Hathaway's board of directors once he steps down as chief executive at the end of this year, the conglomerate announced Monday.

International Business Times

Buffett will remain chairman at Berkshire Hathaway when Abel takes over as CEO in 2026

Billionaire Warren Buffett will remain chairman of Berkshire Hathaway after Greg Abel takes over as CEO at the start of the new year

The Independent UK

Warren Buffett is stepping down – but his advice is still timeless

The American investor’s rules for life have earned him billions of dollars and a loyal tribe of admirers

Evening Standard

Warren Buffett To Retire From Berkshire Hathaway By Year's End

Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over.

International Business Times

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The Independent UK

Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO

Billionaire investor Warren Buffett says he wants to step down as chief executive of Berkshire Hathaway at the end of the year

Al Jazeera

Warren Buffett to retire as Berkshire Hathaway CEO at end of 2025

‘Oracle of Omaha’ stuns shareholders, but says he will maintain investments in group and will still be ‘hanging around’.

The Independent UK

Who is Greg Abel, the executive picked to be successor to Warren Buffett?

When Warren Buffett announced at his annual shareholder meeting that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a 62-year-old Canadian executive named Greg Abel who has long been one of his top lieutenants

The Guardian - US

Warren Buffett announces retirement from leading Berkshire Hathaway

Billionaire shocked audience of investors with disclosure and said his vice-chair, Greg Abel, should take over

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The Independent UK

Warren Buffett shocks investors by announcing retirement from Berkshire Hathaway at the end of the year

The 94-year-old made the announcement at the company’s 2025 investor conference on Saturday

The Independent UK

Who is Greg Abel, successor to Warren Buffett and Berkshire Hathaway’s ‘CEO in waiting’?

Billionaire investor Buffett – who will turn 95 in August – announced Abel as the man to take over his investing juggernaut back in May 2021

The Independent UK

Throngs of admirers fill an arena to get Warren Buffett's take on tariffs and Berkshire Hathaway

Thousands of Berkshire Hathaway investors have streamed into an arena hoping to hear Warren Buffett address what he thinks of President Donald Trump’s tariffs and explain why he is sitting on $347.7 billion cash

The Independent UK

Warren Buffett's profits fall on wildfire losses as thousands line up to listen to him Saturday

Warren Buffett's company reported just over one-third of last year's profit Saturday morning just as thousands of Berkshire Hathaway shareholders streamed into an Omaha arena to listen to the revered investor answer questions

The Guardian - US

Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs

Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on China

International Business Times UK

Who Is Bill Ackman? The £7.2 Billion Investor Urging Trump To Call Off The Economic 'Nuclear Winter'

Billionaire hedge fund manager Bill Ackman, worth £7.2 billion, has issued a stark warning to Donald Trump over tariffs, calling for a pause to avoid an 'economic nuclear winter'.

Latin Times

Top Investors Slam Trump's Tariffs as Market Continues Downward Slump: 'Destroying Confidence in Our Country'

Investors have criticized Trump's tariffs, warning that the policy is causing a market downturn and threatening the U.S.'s global economic standing.

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