Hedge Funds

Discord, a platform that allows users to communicate over voice and texts, banned the WallStreetBets server Wednesday amid Gamestop stock's recent surge driven by retail investors, but a company spokesperson said they removed the server "for continuing to allow hateful and discriminatory content after repeated warnings."

The Biden administration said they will be monitoring the rapid rise in GameStop stocks after the seemingly failing retailer shocked the market with recent spikes.

Short-seller Andrew Left does not usually smoke. But on Monday he had a cigarette to calm his nerves as shares of GameStop Corp, the stock he had shorted, continued to rocket higher.

Renewed interest in the proposal comes as the state deals with a massive coronavirus-related budget deficit.

Billionaire hedge fund founder Ray Dalio is speaking out about his “journey and reflections” following the tragic sudden death of his adult son, Devon.

For little-known hedge-fund manager Jim Davis, 2020 is a career-defining year.

Big money is sensing a new day in the global oil markets.

Both Black and Apollo have moved quickly to distance themselves from Epstein following the allegations.

Billionaire bond fund manager Jeffrey Gundlach is considering packing his bags to escape the “incompetent governance” of California.

Billionaire Ray Dalio's philanthropy unit is being accused of bad behavior.

A hedge fund founder was arrested Thursday on charges that he defrauded creditors of the luxury department store chain Neiman Marcus by pressuring an investment bank not to bid against his hedge fund in buying securities from the creditors.

Chatham said Friday that it plans to offer employees at the 30-newspaper chain their current jobs with the same pay and benefits, and it will honor collective bargaining agreements.

Former Bridgewater Associates co-Chief Executive Eileen Murray filed suit against her ex-employer on Friday, alleging Bridgewater is withholding $20 million to $100 million in deferred compensation because she has disclosed a gender-discrimination dispute she is involved in with the firm.

Bridgewater, the world’s largest hedge fund, made cuts in its research department and client-services team as well as among its recruiters

Bill Ackman lashed out at CNBC on Wednesday after anchors prodded him about his controversial appearance on the cable network this spring during the early days of the coronavirus.

A court filing on that matter was made public Monday.

Other bids for the team have come in lower

The city's 4% unincorporated business tax raises about $2 billion a year for the city by taxing investment-fund managers, law firms and other individually owned businesses, based on the portion of sales or services performed within the city.

William Ackman's hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the coronavirus pandemic, after the billionaire investor plowed cash into a number of companies he already owned and dumped Warren Buffett's Berkshire Hathaway among other stocks.

Billionaire investor Daniel Loeb is taking back the reins as sole chief investment officer at his hedge fund Third Point LLC, less than one year after he appointed long-time colleague Munib Islam to be his co-chief investment officer, according to a letter the firm sent its investors.