Annie Massa

Bill Ackman 's foundation, which bought a stake in Elon Musk 's social-media platform X, reported the value of its investment dropped by more than half as of the end of last year, a new tax filing shows.

(Bloomberg) -- Bill Ackman's foundation, which bought a stake in Elon Musk's social-media platform X, reported the value of its investment dropped by more than half as of the end of last year, a new tax filing shows.

Eric Trump stepped before a standing-room-only crowd at a Bitcoin conference in Abu Dhabi, ready to evangelize cryptocurrencies to the already converted. He had a welcome message to share: His father, president-elect Donald Trump, would transform the US into “the crypto capital of the world.”

Billionaire Jeff Yass’ foundation spent hundreds of thousands of dollars supporting a nonprofit group that brought litigation on behalf of those who spoke out against diversity initiatives, critical race theory programs and other lightning-rod topics in schools and legislatures nationwide.

A family office group owned by Fidelity Investments’ parent company named Kimberly Sheehy as its new head, tapping a veteran of the fund giant to oversee one of the largest networks for investment firms of the ultra-rich.

December 18, 2024 A family office group owned by Fidelity Investments' parent company named Kimberly Sheehy as its new head, tapping a

Donald Trump’s resort near Miami will host the Saudi-backed LIV Golf tournament in April, according to a schedule posted Tuesday — a signal that the president-elect’s business ties to the Middle East will carry through his second term, along with concerns over conflicts of interest.

(Bloomberg) -- Donald Trump's resort near Miami will host the Saudi-backed LIV Golf tournament in April, according to a schedule posted Tuesday — a signal that the president-elect's business ties to the Middle East will carry through his second term, along with concerns over conflicts of interest.

Sports have always been partly political, and after a brief lull the two worlds are colliding once again. Just this week, we saw cricket in Afghanistan and Meta’s board appointments take on a different edge. So there’s a Trumpian vibe to the newsletter this week, where we highlight the risk if there’s too much overlap.

The Trump Organization submitted an ethics plan for Donald J. Trump’s second presidential term that doesn’t rule out striking new deals with foreign companies — a break with its approach to managing conflicts of interest when he first took office.