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BIZARRE: 11 - You Need To See This

Urologist Adam Weiner, runner Usain Bolt: can a last name determine your job?

Some researchers claim aptronyms, or perfectly apt names, can affect what field you go into – while others are skeptical

The Guardian - US

Brazil’s president says Elon Musk’s wealth doesn’t mean world has to accept his ‘far-right ideology’

“Just because the guy has a lot of money doesn’t mean he can disrespect this [country].”

Fortune

Billionaire Bill Ackman has an idea for getting the ultra-wealthy to finally pay a fair share of taxes

Entrepreneurs like Elon Musk pay too little tax. But a levy on unrealized capital gains for those with $100 million in the bank risks stifling innovation.

Fortune

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Elon Musk was just forced to reveal who really owns X. Here’s the list.

Organizations linked to Bill Ackman, Larry Ellison, and Sean Combs (a.k.a. Diddy) were mentioned in the filing.

Fortune

Stock Market Today: Stocks Rise After Jobs Data Lifts Rate-Cut Odds

Preliminary data from the Bureau of Labor Statistics shows job growth was lower than previously estimated.

Kiplinger

Nike Stock Rallies After Bill Ackman Takes a New Stake

Nike is the latest consumer discretionary play to be added to Ackman's Pershing Square Capital equity portfolio. Here's what that means for the blue chip stock.

Kiplinger

Powell faces a market mutiny if he doesn't make a September rate cut—Wall Street has 'locked in' timings after unemployment concerns

"The bottom line is that the weaker-than-expected July employment report led us to change our baseline expectation for the first Fed to September."

Fortune

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DEI has some prominent critics—but it's actually getting more popular

The number of workers who view DEI initiatives as “more positive” has doubled over the past three to five years.

Fortune

Forget Bill Ackman's IPO, Check Out the Billionaire's Favorite Stocks Instead

The hedge fund manager's Pershing Square USA IPO was delayed, with no reason given, and the size of the offering has been dramatically reduced. However, fans of the billionaire can check out his top hedge fund holdings instead of waiting on the debut of the drama-plagued closed-end fund.

Barchart

Melinda Gates says Ackman, Musk, Thiel are “nonphilanthropists”

French Gates helped oversee more than $77 billion in grants since 2000 through the Bill and Melinda Gates Foundation.

Fortune

Bill Ackman’s own hedge fund is asking investors to ignore what he says

A new Pershing Square hedge fund marketed to Americans wants you to ignore everything its billionaire Wall Street investment manager just told his firm’s co-owners.

Fortune

Bill Ackman warns political chaos around Biden is an invitation for rivals to exploit U.S. weakness

The billionaire investor posted on X: "If I were China, I would invade Taiwan tomorrow."

Fortune

Why most CEOs won't say much about the Trump after the shooting

The majority of CEOs will avoid going beyond generic platitudes, lest they became the object of boycotts.

Fortune

CEOs speak out against Trump assassination attempt—and get trolled

Despite the blowback, now is a time for CEOs 'to be a voice of reason and stability, without being partisan.'

Fortune

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Fortune

Here's how top CEOs and execs are reacting to the Trump rally shooting; Bill Ackman to announce endorsement

"I pray for President Trump’s rapid recovery. My thoughts are with him, the other victims and the Trump family. I strongly condemn this violence," Apple CEO Tim Cook said.

Fortune

Jamie Dimon is once again getting unwanted attention as a possible Democratic presidential nominee after Biden’s gaffe-filled debate performance

While many have thrown the JPMorgan CEO’s metaphorical hat into the ring, Dimon has repeatedly denied his intentions for a presidential run.

Fortune

A crypto wunderkind’s $200 million fund had the backing of investors like Bill Ackman and Galaxy. Then everything went south

An investigation into Shima Capital and its founder, Yida Gao.

Fortune

He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman and Galaxy to back his $200 million crypto fund by his early 30s. His future is now in jeopardy

How Shima Capital’s fast-and-loose approach to compliance alienated its backers and could run afoul of the SEC.

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Fortune

Billionaire Bill Ackman is about to get $4 billion richer as his hedge fund Pershing Square expects a funding round at a premium valuation

Pershing Square could go public as soon as 2025.

Fortune

Elon Musk slams Trump’s ‘trivial’ hush-money verdict, saying it did ‘great damage’ to the legal system

The Tesla CEO is one of several corporate leaders leaping to Trump’s defense after his conviction on 34 felony charges.

Fortune

Bill Ackman selling 10% of Pershing Square in deal that values the hedge fund at over $10 billion

Pershing Square, founded in 2004, also is considering an IPO that most likely wouldn't happen until 2025 at the earliest.

Fortune

Billionaire Bill Ackman: Trump’s guilty verdict was the result of a political agenda and a kangaroo court

The hedge fund investor sided with Florida Gov. Ron DeSantis on the outcome of the former president’s hush money trial.

The Independent UK

Finance and business moguls held Zoom with Eric Adams urging him to bring in police on Columbia protesters

A private WhatsApp group of high-profile, powerful financiers, business leaders and CEOs received briefings from Israeli officials, and discussed shaping public dialogue around Israel crisis

Reason

L.A. Beats NYC?

Plus: Trump speaks at L.P. convention, Bill Ackman buys Zyn for the frat bros, Ukraine flagging, and more...

International Business Times

MicroStrategy Now Holds Over 214K Bitcoin After Snapping Up 9,245 More BTC

MicroStrategy now holds over 1% of the world's total Bitcoin supply as it obtained over 9,000 more Bitcoin.

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Luiz Inácio Lula da Silva

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Luiz Inacio Lula da Silva

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