Featured
- Reuters
M&A-focused hedge funds lead the pack in May, Goldman Sachs says
Hedge fund managers making bets on mergers and acquisitions outperformed those deploying other strategies with a return of 7.7% in the first five months of 2024, Goldman Sachs said in a note to clients, as deal-making rebounded. Although Goldman did not offer a year-earlier figure for comparison, Barclays prime brokerage noted at the time that such fund mangers had returned a negative 0.8% on investment from January to May 2023, as high interest rates curtailed deal making. While seeing a resurgence this year as companies gain confidence from declining interest rates and a stabilising economic backdrop, global deal-making has yet to return to 2021's record levels.
- Yahoo UK News Video
Scottish football fan films 'abandoned dungeon' accommodation given by booking.com for Euros stay in Germany
Rory Bradley, 28, from Glasgow, travelled to the country last week with friends to watch Scotland take on host nation Germany, but ended up in accommodation which was 'an absolute mess', with abandoned medical beds and loose wires.
- The State
Drunk people fought in pool before shots were fired and person was killed, SC cops say
Deputies opened fire on an armed person who had fired shots in their direction, the sheriff’s office said.
Golf
Pinehurst, NC
58° F| Thru | Total | Purse | ||
|---|---|---|---|---|
 | F | -6 | $4,300,000 | |
 | F | -5 | $2,322,000 | |
| F | -4 | $1,229,051 | |
| F | -4 | $1,229,051 | |
 | F | -3 | $843,765 | |
 | F | -2 | $748,154 | |
| F | -1 | $639,289 | |
| F | -1 | $639,289 | |
 | F | E | $502,391 | |
| F | E | $502,391 |