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YOU WONT BELIEVE: 14 - You Need To See This

UPenn in crisis as donor threatens to pull $100m over college president’s comments at antisemitism hearing

Backlash comes after three Ivy League presidents’ controverisal Congressional testimony on antisemitism

The Independent UK

X struggling to win advertisers back after Elon Musk’s profane outburst

X plans to cater to small and medium-sized businesses as big advertisers pull their dollars

The Guardian - US

Wall Street titans are getting behind Nikki Haley in the presidential race—hedge funder Bill Ackman says it’s time for Biden to ‘step aside’

Many in the finance industry “are looking to consolidate around an alternative to Trump before it’s too late,” said one expert.

Fortune

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

JPMorgan boss Jamie Dimon wants Americans on both sides of the political fence to unite to keep Trump out of office—but warns against sneering at MAGA supporters

The Wall Street veteran said the next U.S. president “needs to fix” a multitude of problems plaguing America’s lowest earners.

Fortune

Has corporate DEI overlooked Jews? Some say yes, but it's complicated

Bill Ackman criticized Harvard University for not explicitly including Jewish people in its diversity policy. It's a growing sentiment in corporate America.

Fortune

Bill Ackman comes to Elon Musk's defense over antisemitism claims

Bill Ackman has pushed Harvard hard on claims of antisemitism on campus, but has come to Elon Musk's defense.

Fortune

1,600 Jewish alumni of Harvard threaten to withhold donations over antisemitism concerns

"We never thought we would have to argue for recognition of our own humanity.”

Fortune

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Hedge Funds Caught On Wrong Side Of Treasury Market As Bond Rally Surprises

Record-high short positions on Treasuries backfire as smaller bond sales and weak job data ignite rally

Zenger

Bill Ackman's Letter to Harvard re Widespread Antisemitism on Campus

It's worth reading the whole thing, but here is a "highlight": Last Wednesday, I spent seven hours on campus meeting with Jewish, Israeli, and non-Jewish students and faculty at the Law School, at HBS and in a 90-minute town hall in Aldrich 112 with 230 Jewish college students (coincidentally, one…

Reason

Billionaire Bill Ackman says it’s 'pathetic' that colleges rely on corporations and law firms to address anti-Semitism on campus

Two dozen law firms sent an open letter to top law schools over concerns about rising anti-Semitism on college campuses.

Fortune

Billionaire investor Stanley Druckenmiller is taking ‘massive leveraged positions’ on safer assets than stocks after getting ‘really nervous’ about the economy

Stan Druckenmiller says a long-held belief that the stock market will always go up in the long term may no longer be the case.

Fortune

‘Humanity is on a rapid path to oblivion’: Billionaire investor Bill Ackman urges Mark Zuckerberg and Elon Musk to stop amplifying hate for dollars

The Pershing Square hedge fund manager warns social media has been amplifying hate for years to boost engagement and keep users scrolling through their sites.

Fortune

JPMorgan CEO Dimon Sells Shares, Fuels Retirement Speculation

Jamie Dimon's sale of 1 million JPMorgan shares raises questions about his future plans as CEO.

Zenger

The man who named the bond vigilantes 40 years ago just crowned a new king as the bond market goes through a multitrillion-dollar wobble

Bill Ackman, who just reversed a big get against Treasuries, is the new king imposing government fiscal discipline.

Fortune

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Fortune

‘Bond King’ Bill Gross says it's time to stop betting against bonds and get ready for a economic slowdown: 'Recession in the 4th quarter'

'Bond King' Bill Gross said a recession is coming for the U.S. economy in the fourth quarter.

Fortune

Billionaire hedge funder Bill Ackman is suddenly more worried about a ‘slowing’ economy than inflation—and he’s putting his money where his mouth is

“The economy is slowing faster than recent data suggests,” Ackman warned in a Monday post on X, formerly Twitter.

The Independent UK

Citibank fires banker for Instagram message saying ‘no wonder Hitler wanted to get rid’ of Jewish people

Finance specialist wrote the post in response to a deadly explosion at a hospital in the embattled Gaza Strip

Fortune

From CEOs to billionaires to Harvard students, everyone is struggling to discuss the Israel-Hamas war. Here’s what you need to know before you talk about it

The Israeli-Palestinian conflict stretches back decades, but understanding the current war means looking back to 2006.

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The Independent UK

Ivy League students lose job offers from top law firm over Israel statements

It comes as Ivy League universities across the US are embroiled in rows around the response to the Israel-Hamas war

The Independent UK

Jo Malone and son respond to outcry over letter holding Israel ‘responsible’ for Hamas attacks

Perfume magnate and her son have insisted they reject the letter’s message

The Independent UK

Jon Huntsman pulls donations from UPenn in latest college row over Israel-Hamas war

The Huntsman family includes three generations of UPenn graduates and has donated at least $25,000 annually to Wharton in recent years

Fortune

Israel’s war against Hamas roils Harvard as students, billionaires, and faculty accuse each other of anti-Semitism and McCarthyism

An Israeli billionaire resigned from the board of Harvard’s Kennedy School of Government after a student group’s letter “held the Israeli regime” accountable for the recent terrorist attacks.

The Independent UK

Billionaire CEO demands UPenn leaders quit in antisemitism row

Marc Rowan made the demands after his alma mater hosted the Palestine Writes Literary Festival last month

The Independent UK

Israeli billionaire quits Harvard board in row over student letter

A group of 33 student organisations at Harvard University signed a letter arguing that Israel’s ‘apartheid regime’ created the impetus for the war

The Guardian - US

US CEOs urge Harvard to name students in groups behind letter blaming Israel for Hamas attacks

Several chief executives called for names to be made public so that they, and others, could know not to hire the students

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