Hedge Funds Made a Killing on FTX—Then It Got Complicated That was before things got messy.Hedge funds and other distressed investors rejoiced last month when bankruptcy managers said the corporate carcass of FTX, Sam Bankman-Fried’s collapsed crypto ... 06/24/2024 - 4:05 am | View Link
Hedge Fund Investor Letters Q1 2024 Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. 06/23/2024 - 11:54 pm | View Link
How a Hedge Fund Manager and Right-Wing Donor is Financing an Israeli Influence Op Masquerading as a Journalism Project The Krauthammer Fellowship was launched in 2019, a year after his death, and was established to honor his dedication to “pursuing truth through honest, rigorous argument,” in the words of the Tikvah ... 06/22/2024 - 7:37 am | View Link
Hedge fund's trades with lenders point to return of crisis-era structures Earlier this year a hedge fund structured two trades worth $642 million, the kinds of which have not been seen since the 2008 crisis. It sold insurance to two U.S. lenders against losses on a loan ... 06/18/2024 - 5:21 am | View Link
Southwest Airlines CEO says he won’t resign. A hedge fund is trying to get him fired The CEO of Southwest Airlines says he is not resigning in the face of pressure from a hedge fund that wants him fired. 06/12/2024 - 8:24 am | View Link
Shares of Trump Media, the owner of social networking site Truth Social, jumped 5% at the opening bell Friday after the first U. S. presidential debate, with some investors believing it could become a bigger mouthpiece for the former president if he is re-elected.
President Joe Biden and former President Donald Trump clashed Thursday evening on topics including abortion, immigration and the Jan.
The EPA’s Good Neighbor Plan would have forced coal plants to curb their interstate pollution. The Supreme Court just put the plan on hold.
On Thursday, the Supreme Court put the Environmental Protection Agency (EPA)’s Good Neighbor plan on hold. The ruling means millions of Americans will breathe air that’s been polluted by power plants that aren’t even in their own state.
We shouldn’t overstate the impact of machine learning on the scientific process.
The scientific revolution has increased our understanding of the world immensely and improved our lives immeasurably. Now, many argue that science as we know it could be rendered passé by artificial intelligence. Way back in 2008, in an article titled, “The End of Theory: The data deluge makes the scientific method obsolete,” Chris Anderson, the then-editor-in-chief of Wired magazine, argued that,
Denver District Court Judge Andrew J. Luxen rejected a motion by Kroger, owner of King Soopers, and Albertsons Companies, parent of Safeway, to dismiss a lawsuit Colorado Attorney General Phil Weiser filed challenging their combination.
Luxen’s ruling, made Wednesday, should clear the way for the state’s anti-trust case, which was filed in mid-February, to move forward.
Weiser, representing the state, alleges in his lawsuit that the proposed merger, which was announced in October 2022, would violate antitrust provisions in Colorado law that prohibit acquisitions that “may substantially lessen competition or tend to create a monopoly.”
Weiser, following a months-long investigation, argued that the $24.6 billion merger of the nation’s second- and third-largest grocery store chains would eliminate competition and harm shoppers, workers and suppliers in Colorado, where Kroger and Albertsons control the first- and second-largest grocery chains.
He also sought a penalty against the two companies for a “non-poaching” agreement they reached during a labor dispute and strike in 2022 stating that they would not hire each other’s employees or solicit each other’s customers.
Washington state Attorney General Bob Ferguson filed suit against the combination in January and the Federal Trade Commission challenged the merger in late February on grounds it would reduce competition for shoppers and reduce wages for grocery store workers.
Colorado sought a preliminary injunction to either stop the combination until its case was heard or a ruling that required the two companies to divest enough stores in Colorado to restore competition as existed before the proposed merger.
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Enlarge / The peloton passing through a sunflowers field during the stage eight of the 110th Tour de France in 2023. (credit: David Ramos/Getty Images)
Most readers probably did not anticipate seeing a Tour de France preview on Ars Technica, but here we are. Cycling is a huge passion of mine and several other staffers, and this year, a ton of intrigue surrounds the race, which has a fantastic route.
Enlarge / SpaceX's 10th Falcon Heavy rocket climbs into orbit with a new US government weather satellite. (credit: SpaceX)
Welcome to Edition 6.50 of the Rocket Report! SpaceX launched its 10th Falcon Heavy rocket this week with the GOES-U weather satellite for NOAA, and this one was a beauty. The late afternoon timing of the launch and atmospheric conditions made for great photography.