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$3B Disney bet caused Nelson Peltz’s hedge fund to underperform in 2023: source

A $3 billion bet on Walt Disney by Nelson Peltz's Trian Fund Management was compared to the investment management firm's activist hedge fund, according to financial details provided to Reuters by Trian investors. This was the main reason for last year's poor performance. The previously unreported details illustrate the high financial stakes for Tryon as […]

Morris Confirms He Owns Hunter Stake in a Chinese State-Backed Fund

Hunter Biden's Hollywood lawyer, Kevin Morris, last week proved to House investigators that Hunter bought a 10% stake in the Chinese government-backed investment fund BHR Partners, and the non-profit group Marco. Polo confirmed what Breitbart News exclusively reported in April, as first revealed. . Mr. Morris' stock ownership raises questions about his acquisition intentions in […]

Congress sends Biden bill to fund health agencies

health care Full text   Warren says abortion will be on the ballot in 2024 Sen. Elizabeth Warren (D-Mass.) predicted on Wednesday that this election cycle would be a referendum on abortion, warning that if Republicans tightened their grip in 2024 there would be a nationwide abortion ban. And the White House, I think there's […]

NYC Mayor Eric Adams’s legal defense fund raises over $650K amid campaign probe

New York City Mayor Eric Adams (D) has raised more than $650,000 for a legal defense fund amid a corruption investigation into his campaign, the fund's attorney confirmed Monday. The Eric Adams Legal Defense Trust was established by Mr. Adams in November in response to a federal investigation into whether the mayor's campaign colluded with […]

Congressional Leaders Reach Agreement To Fund Government Until March

According to reports, parliament is expected to vote next week on a temporary funding bill that will fund the government until early March. Congressional leaders agreed on Friday to a continuing resolution (CR) to prevent a government shutdown from occurring, Punchbowl News report sources confirmed to the Daily Caller News Foundation. The resolution maintains the […]

The Clock Is Running Out To Fund The Government. Here’s What Could Happen Next

The U.S. government will be partially shut down on January 19th if Congress fails to pass the necessary funding legislation. To avoid a shutdown, Congress would need to pass a continuing resolution, an omnibus spending package, or one of four spending bills, which would affect multiple government departments. Secretary of Defense Lloyd Austin wrote in […]

JPMorgan profit shrinks as it sets aside $3B for deposit insurance fund

“Making Money” host Charles Payne said on “The Big Money Show” that this week's bank earnings will provide a glimpse of the stability of the U.S. economy. JPMorgan Chase & Co. reported its best annual profit on record, with interest income in 2024 meeting expectations, even as quarterly profits were hurt by a $3 billion […]