Bill Ackman, the billionaire hedge fund manager and CEO of Pershing Square Capital Management.Adam Jeffery/CNBC via Getty Images Billionaire hedge fund manager Bill Ackman says he is moving his management company out of Delaware. It follows similar statements from companies like DropBox, Meta, and SpaceX. Some corporations are turning against Delaware, historically considered a business-friendly […]
Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Billionaire investor Ken Griffin’s handful of hedge funds at Citadel all posted double-digit returns in 2024, led by its tactical trading strategy. Citadel’s multistrategy Wellington fund, […]
Topline Ford Motor Co. plans to donate $1 million and a “fleet” of vehicles for use during the January inauguration of U.S. President-elect Donald Trump, the Detroit Free Press reported Monday, joining several tech companies and billionaires as they seek to strengthen their relationships with the incoming president. Jim Farley, CEO of Ford, on Sept. […]
WASHINGTON (AP) — Congressional leaders have unveiled a stopgap spending bill that will keep the federal government funded through March 14 and provide more than $100 billion in emergency aid to help states and local communities recover from Hurricanes Helene and Milton and other natural disasters. The measure would prevent a partial government shutdown set […]
Amazon is set to donate $1 million to President-elect Donald Trump’s inaugural fund, matching a similar donation announced by Mark Zuckerberg’s Meta this week. The Wall Street Journal first reported the tech giant is the latest to woo the incoming Trump administration after a particularly fractious period with Silicon Valley. Amazon founder Jeff Bezos is […]
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The Supreme Court agreed to hear arguments on a case involving funding for a major broadband subsidy program, the Universal Service Fund (USF). SCOTUS granted cert in a pair of cases called Federal Communications Commission v. Consumers’ Research, and Schools, Health & Libraries Broadband Coalition v. Consumers’ Researchwhich were consolidated for oral arguments. They center […]
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024. Stefani Reynolds | Bloomberg | Getty Images President-elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary, in a move that puts a […]
Credit: CC0 Public Domain These days, it’s hard to escape news stories discussing how climate change is contributing to extreme weather disastersincluding the recent U.S. hurricanes. Aid agencies are increasingly worried about the widespread damage. A growing question as these disasters worsen in a warming world is how to pay for recoveries, particularly in poorer […]
Former president also slams Harris as lazy for taking day off from campaign trail, and urges leakers of Israeli intel to be brought to justice.
