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The Latest Breaking News on Hedge Funds

Wall Street Journal defends Alito op-ed, blasting ProPublica’s ethics investigation as ‘political assault’

Editorial board calls latest investigative report into Supreme Court ethics a ‘non-scandal built on partisan spin’

The Independent UK

Alito’s wrongdoing makes a supreme court ethics overhaul an imperative

Today’s supreme court is extremely powerful, increasingly political and decreasingly trusted. We need reform now

The Guardian - US

Leonard Leo has key role in SCOTUS mess

Billionaire Paul Singer and the lodge owner "were both major donors to Leo's political groups," ProPublica reports

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Wall Street Journal under fire for Justice Alito op-ed: ‘This has simply broken my brain’

Justice used Murdoch paper to defend 2008 private jet trip to King Salmon Lodge in Alaska

The Independent UK

Justice Alito refutes ProPublica report he should have disclosed luxury trip

Justice Samuel Alito says he didn't have to disclose a 2008 luxury trip to Alaska, or the flight on a private jet of hedge fund billionaire Paul Singer who had several cases before the high court.

WEKU

Justice Alito tries to get ahead of damning report about billionaire gifts with defensive Wall Street Journal op-ed

Conservative justice defends taking private jet to Alaskan fishing trip with hedge-fund billionaire with business before the court as justices face ongoing ethics questions

The Independent UK

"Beyond parody": Experts slam Alito trip

ProPublica asked Alito about the ethics concerns. He ran to the Wall Street Journal to attack their reporting

Salon

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Donald Trump Jr's emails revealed as ex-president's son is accused of racism

The oldest son of former-President Donald Trump complained in the email about the number of Black families moving to Manhattan and complained that he will have to speak to his grandchildren in Spanish because so many Mexican people were coming into the US

Daily Mirror

Shocking emails reveal Donald Trump Jr making offensive comments about Mexicans and Black people

The emails are part of a long-running legal dispute between a friend of Mr Trump and the friend’s former employer

The Independent UK

Should Investors Be Watching Berkshire Hathaway Inc. (BRK.B)?

Warren Buffett’s Berkshire Hathaway (BRK.B) is rebounding from the slump last year thanks to strength in its insurance business. So, is the stock worth adding to your watchlists now? Read on.

StockNews.com

Crispin Odey’s name to be removed from hedge fund he founded

Odey Asset Management plans complete rebrand after Tory donor forced out over misconduct claims

The Guardian - UK

George Soros hands control of $25bn empire to 25-year-old son Alex

George Soros says his son Alex ‘earned’ his right to reign over his multi-billion empire

The Independent UK

Billionaire investor, philanthropist George Soros cedes control of empire to a younger son

Alex Soros, 37, will take over operations of the $25 billion empire. He will also oversee the Open Society Foundations, funding human rights and democracy movements globally.

Chicago Sun-Times

‘Octopus’ Tory donor ‘kissed receptionist on top of the head and tried to fondle her breasts’

Hedge fund boss – said to have hired ‘earls and girls’ – facing allegations of abuse or harassment by 13 women

The Independent UK

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news in one place.

100’s of premium titles.
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StockNews.com

3 Stocks Poised for Price Surges

Resurging concerns about the Fed’s hawkish stance to tame stubbornly high inflation and recessionary fears have weighed heavily on investors’ sentiments. Therefore, it could be wise to own fundamentally strong stocks Biogen (BIIB), Celestica (CLS), and Biglari Holdings (BH) that look poised to maintain their momentum. Read on….

The Guardian - US

Twitter janitors in New York file lawsuit over firings and demand backpay

Suit alleges social media company violated city law when janitors were abruptly fired in December after Elon Musk took over

The Street

Billionaire Ackman Sends a Warning to Legendary Financier Icahn

The two activist investors clashed over the Herbalife nutrition group a few years ago. Icahn is currently at the center of a hostile short-seller campaign.

The Street

Billionaire Bill Ackman Makes a Dire Prediction About Nemesis Carl Icahn

The two activist investors clashed over the Herbalife nutrition group a few years ago. Icahn is currently at the center of a hostile short-seller campaign.

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news in one place.

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The Guardian - UK

Look at what hedge funds really do – and tell me capitalism is about ‘rewarding risk’

‘Alternative asset managers’ are mainly focused on protecting themselves from losses – and they get tax breaks for it, too, says author Brett Christophers

Tribune News Service

‘Pharma Bro’ Martin Shkreli having trouble completing community service, federal probation officials say

Infamous “Pharma Bro” Martin Shkreli, who was released from prison last year, is having trouble completing his court-mandated 20 hours a month of community service, according to a Tuesday court filing.

The Street

Carl Icahn Admits He Made a Billion-Dollar Mistake

Things continue to go downhill for the billionaire.

Dynamite News

Elon Musk's run as Twitter CEO comes to end, billionaire to step down in few weeks

Twitter CEO Elon Musk has decided to step down from the post. The Billionaire has decided not to Function as Twitter CEO after a few weeks.

The Street

Warren Buffett Explains One Easy Way to Always Make Money

The Oracle of Omaha shared his thoughts on making money (and getting rich) during the annual Berkshire Hathaway shareholders meeting.

Investors Business Daily

Stock Market Sleepy And Dopey Ahead Of Inflation Report; Walt Disney Earnings On Tap

Walt Disney shares popped ahead of Wednesday's earnings endgame.

The Independent UK

Profits jump at Buffett's company ahead of annual meeting

Warren Buffett's company said its first-quarter profits soared along with the paper value of its investment portfolio

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