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Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations
WorldReutersBBCbloomberg+57economistwsjFTThe GuardianAl JazeeraCNNFox Newsnrk+49 more16h ago60 sources

Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations

Tehran has rejected reports of direct talks with the US, instead laying out its own terms to end the conflict, while the White House acknowledges 'elements of truth' to Washington offering a peace plan, further complicating ongoing back-channel diplomacy. Gold prices have held gains following reports of US negotiations aimed at ending the Iran War.

Global Economy Grapples with Iran War's Energy Shock; Asia Responds to Fuel Crisis
WorldAPReutersBBC+107bloombergNYTwsjFTThe GuardianNPRAl JazeeraCNN+99 more1d ago110 sources

Global Economy Grapples with Iran War's Energy Shock; Asia Responds to Fuel Crisis

The Iran war continues to cause a global energy shock, driving fuel prices up and shaking the world economy, with Asia looking to COVID-era playbooks to tackle the crisis from the Strait of Hormuz blockage. Daily life in Asia is disrupted by the fuel crisis, and poor countries face catastrophe as the global economy pays a high price for the conflict.

White House Denies US-Iran Meeting Reports Amid Disputed Peace Talks
PoliticsReutersBBCbloomberg+44NYTwsjFTThe GuardianAl JazeeraCNNFox Newscnbc+36 more2d ago47 sources

White House Denies US-Iran Meeting Reports Amid Disputed Peace Talks

US President Donald Trump has stated that Iran 'wants peace' and there's a good chance of a deal, following his postponement of a strike threat citing 'productive conversations'. However, Iran's Revolutionary Guard and Tehran have dismissed Trump's peace talk claims as 'fake news' and accused him of 'contradictory behaviour', with the White House now calling reports of US-Iran official meetings 'speculative' as oil prices react to Trump's strike halt.

Iran Crisis Impacts Global Bond Markets and UK Gilts
BusinessFTYahoo6d ago2 sources

Iran Crisis Impacts Global Bond Markets and UK Gilts

The Iran crisis is significantly affecting bond markets, leading to an inflationary energy shock that has dampened optimism for UK rate cuts and impacted hedge fund trades, with analysts noting the real story is in bonds and the yield curve.

Major Banks Raise Alarms on Growing Private Credit Risk
BusinessYahooseeking-alphazerohedge7d ago3 sources

Major Banks Raise Alarms on Growing Private Credit Risk

Goldman Sachs, JPMorgan, and Bank of America are offering products to bet against private credit, while BlackRock and JPMorgan are raising alarms about the growing risks in the sector, drawing comparisons to the 2008 financial crisis.

Goldman Sachs Sees Potential for 'Extreme' Stock Rally
Financeseeking-alphaadvisor-perspectives14d ago2 sources

Goldman Sachs Sees Potential for 'Extreme' Stock Rally

Goldman Sachs' trading desk suggests that current hedge fund positioning in US equities could lead to an 'extreme' rally after recent market wobbles, with hedge funds potentially creating a setup for equities to surge sharply following recent pullbacks.

How a print newsletter from Brooklyn is trying to reach the Wall Street crowd
BusinessBusiness Insider15d ago

How a print newsletter from Brooklyn is trying to reach the Wall Street crowd

William Edwards/Business Insider After launching in November, The New York Review of Finance is set to publish its second edition. The paper has a no-byline policy to foster openness and dialogue on Wall Street. It's also a print-only anomaly in the digital media landscape. When Niccolo Porcello worked as an office manager at a Connecticut hedge fund, his colleagues on the trading floor knew he wasn't exactly enamored with their line of work. And they loved him for it. "My politics do not a...

Bill Ackman's Pershing Square Files for US IPO
FinanceReutersFTcnbc+3Business InsiderYahooseeking-alpha16d ago6 sources

Bill Ackman's Pershing Square Files for US IPO

Bill Ackman's hedge fund, Pershing Square, has filed for an initial public offering (IPO) in the United States, with further details emerging on its structure, leverage, permanent capital, and the inclusion of HHH.

Millennium hires one of Citadel's longtime stockpickers
BusinessBusiness Insider19d ago

Millennium hires one of Citadel's longtime stockpickers

Izzy Englander's Millennium has launched two internship schemes to build out the firm's pipeline. Phil McCarten/Reuters Daniel Mazur is joining Izzy Englander's $86.3 billion hedge fund, Millennium. Mazur has traded stocks for Ken Griffin's Citadel since 2016. A person close to Citadel said the firm recently liquidated Mazur's portfolio. Daniel Mazur's near-decade-long run at $66 billion hedge fund Citadel is a lifetime in the cutthroat hedge fund world, but his time is finally up at Ken Gr...

Analyst Outlooks for Various Financial Institutions
FinanceYahoo27d ago

Analyst Outlooks for Various Financial Institutions

Several financial institutions, including Pinnacle Financial Partners, First Horizon Corporation, Huntington Bancshares, Truist Financial, Wells Fargo, PNC Financial Services, KeyCorp, Citizens Financial Group, Citigroup, and Bank of America, are receiving updated analyst ratings and outlooks regarding their performance, growth, and strategic positions.

Steven Spielberg Flees California Amid Raging Wealth Tax Battle
Politicszerohedge1mo ago

Steven Spielberg Flees California Amid Raging Wealth Tax Battle

Steven Spielberg Flees California Amid Raging Wealth Tax Battle Another day, another rich liberal leaving a state over policies they promoted.  In today's episode of modern hypocrisy, Steven Spielberg, director of blockbuster hits like Jaws, E.T., Poltergeist and Saving Private Ryan, has moved to Manhattan, according to the Los Angeles Times. A spokesperson for one of Hollywood’s most reliable Democrat Party donors was quick to insist the relocation has nothing to do with California’s highly controversial wealth tax proposal. “Steven’s move to the East Coast is both long-planned and driven purely by his and Kate Capshaw’s desire to be closer to their New York-based children and grandchildren,” spokeswoman Terry Press told the newspaper. Unsurprisingly, Press declined to say where Spielberg stands on the wealth tax when asked. California is now seriously considering a new wealth tax targeting billionaires, including a levy on unrealized gains. The idea has already spooked investors and contributed to several high-profile tech figures running for the exits. It’s a familiar pattern when progressive policies finally start to bite, a surprising number of billionaires discover a sudden deep affection for Florida, Texas, or even New York. Google founders Larry Page and Sergey Brin quietly began unwinding portions of their financial empires in California in the days leading up to Christmas, while Meta founder and CEO Mark Zuckerberg dropped $150 million on a Miami mansion. Zuckerberg and his wife, Priscilla Chan had been looking for a home on Indian Creek Island, the ultra-exclusive, heavily guarded enclave nicknamed “Billionaire Bunker” that is already home to Amazon founder Jeff Bezos, former NFL star quarterback Tom Brady, and Jared Kushner and Ivanka Trump. Even Jeffrey Epstein pal Reid Hoffman, LinkedIn co-founder and major Democratic donor, has taken aim at the billionaire tax proposal, slamming it as a "horrendous idea" that could drive tech founders and executives out of the state. Rep. Khanna reached out to me to discuss the proposed California wealth tax; and while I am against the proposed tax, I'm always open to dialogue with our elected leaders. The proposed CA wealth tax is badly designed in so many ways that a simple social post cannot cover all of… January 7, 2026 "The proposed CA wealth tax is badly designed in so many ways that a simple social post cannot cover all of the massive flaws. One well-documented example is the horrendous idea to tax illiquid stock in the proposal. Poorly designed taxes incentivize avoidance, capital flight, and distortions that ultimately raise less revenue," Hoffman said of the plan. Hedge fund billionaire Bill Ackman, a longtime Democrat who voted for Trump in the 2024 election, warned that California is on a "path to self-destruction." California is on a path to self-destruction. Hollywood is already toast and now the most productive entrepreneurs will leave taking their tax revenues and job creation elsewhere. And then the Democrats highlight @CAgovernor Newsom as a great leader. Crazy. https://t.co/bFyLhARrNn December 27, 2025 "Hollywood is already toast, and now the most productive entrepreneurs will leave, taking their tax revenues and job creation elsewhere,” Ackman said. Our readers will recall that Tesla and SpaceX Ceo Elon Musk was one of the first big names to leave California years ago, citing the state’s punishing taxes and its embrace of radical left-wing governance. The list keeps growing. Buckle up, Newsom. Musk was the first and Spielberg won’t be the last. Tyler Durden Fri, 02/20/2026 - 16:40

Hedge Fund 13F Filings Reveal Investment Shifts
Financewsjcnbcseeking-alpha1mo ago3 sources

Hedge Fund 13F Filings Reveal Investment Shifts

Recent 13F filings show notable investment moves by prominent hedge fund managers, including Druckenmiller's interest in Brazil, Tepper's liking for EWY, and Berkshire Hathaway's new stake in The New York Times.

Trump donor who criticized offshoring to close Ohio plant and move work to China
The Guardian1mo ago

Trump donor who criticized offshoring to close Ohio plant and move work to China

Workers decried John Paulson’s plan after billionaire painted himself as advocate for domestic manufacturing John Paulson, a hedge fund billionaire and one of Donald Trump’s earliest Wall Street backers, is planning to offshore an Ohio manufacturing plant to China despite heavy pushback from employees. Workers at the plant call the move “a slap in our face”, after Paulson vocally defended domestic manufacturing, and are fighting to keep the plan open. Continue reading...

Financeseeking-alpha10d ago

The 20 stocks hedge funds love to short

An analysis identifies the 20 specific stocks that are most frequently targeted by hedge funds for short selling, indicating areas of bearish sentiment among these institutional investors.

Financebloomberg1mo ago

New ETF Offerings and Fund Solutions

Several new financial products are highlighted, including the Leverage Shares 2X Long AXP Daily ETF, UBP FLEX - Hedge Fund Solution Series 1, MD Sass Concentrated Value ETF, and FT 12726 Vest Enhanced Large Cap Buffered 15 Portfolio Series 36.

Look inside Vizcaya, Miami's 45,000-square-foot Gilded Age mansion that now counts Ken Griffin as a neighbor
CultureBusiness Insider1mo ago

Look inside Vizcaya, Miami's 45,000-square-foot Gilded Age mansion that now counts Ken Griffin as a neighbor

James Deering's 1916 winter home is located less than 10 minutes away from the heart of Miami. Robin Hill/Courtesy of Vizcaya Museums and Gardens Vizcaya, built by James Deering more than a century ago, might be Miami's most valuable real estate. The 45,000-square-foot mansion has a total of 54 rooms, with the main house open to the public. Citadel CEO Ken Griffin began assembling a waterfront compound next to the historic mansion in 2022. The exorbitant price tags on Miami's luxury real estate are not a secret to anyone, least of all the flock of billionaires moving to the city. But unlike the high-rise apartments in the financial center of Brickell or exclusive mansions in Indian Creek — where you might be neighbors with Jeff Bezos or Ivanka Trump — the city's potentially most valuable piece of real estate is decorated with limestone, mangroves, and tiles salvaged from Cuban estates. Built between 1914 and 1922 by International Harvester heir and Gilded Age millionaire James Deering as a winter home, Villa Vizcaya sits fewer than 10 minutes from downtown Miami, in a waterfront neighborhood that's quickly becoming a magnet for the city's new billionaire residents. While built in the years following the Gilded Age, it is notable for its Gilded Age-era extravagance, technologies, and collection of fine art. Vizcaya Museum & Gardens estimates the mansion cost $26 million to build, which is more than $800 million in today's money, per the Bureau of Labor Statistics. Florida International University estimates that the mansion is worth over $1 billion today. In 1962, Miami-Dade County bought the property for $1 million, and today, the 45,000-square-foot mansion and its surrounding gardens operate as a museum open to the public. Shortly after announcing that Citadel would move its headquarters from Chicago to Miami, CEO Ken Griffin bought up a waterfront compound less than a half-mile from Vizcaya, in the neighborhood of Coconut Grove. The $106.9 million sale set a country record for the most expensive residential property purchase at the time. Since then, the hedge fund magnate has proposed relocating the historic Villa Serena mansion, located on his estate, to Vizcaya's campus after he donated $20 million to Vizcaya Museum and Gardens. Take a look inside James Deering's historic mansion and see how its new neighbor could alter the surrounding landscape. Vizcaya was James Deering's winter home from 1916 until his death in 1925. Robin Hill Photography/Courtesy of Vizcaya Museum & Gardens Struggling with illness toward the end of his life, James Deering came to Miami, then a small city surrounded by mangrove forests and wetlands, looking for tropical warmth, which was believed to help improve health. By the turn of the century, the Deering family had begun to develop estates around South Florida, with patriarch William Deering purchasing a home in Coconut Grove in 1900. By the time James Deering began building Vizcaya, his brother, Charles Deering, was also developing a winter home in the south of Miami. The property, known today as Deering Estate, also operates as a museum and is open to the public. The main house features 54 rooms, including 34 rooms decorated with their original furniture. Kristine Villarroel/Business Insider Spanning over 45,225 square feet, Vizcaya's main house features the living spaces of James Deering himself, his guests, and the house staff. Envisioned by interior designer Paul Chalfin, Vizcaya drew inspiration from the Italian Renaissance, adapted to South Florida's subtropical climate, and showcases furniture, artworks, and artifacts purchased by Chalfin and Deering on their travels to Europe. Although Miami's population was estimated to be only 10,000 in 1916, the construction of the Vizcaya estate employed an estimated 1,000 workers, many of whom were Black immigrants from the Bahamas. Apart from the main house, Vizcaya is also home to the Vizcaya Village, the historic quarters of the mansion's workers and farmers that allowed Vizcaya to serve as a self-sufficient farm-to-table estate. The Village expands over 12 acres and includes 11 "architecturally significant" buildings, according to the museum's website. The tour begins in the courtyard, which is adorned with tropical plants. Kristine Villarroel/Business Insider Lined with tropical plants such as palms and philodendrons, the courtyard highlights South Florida's natural beauty while reflecting the mansion's European inspirations. While today the courtyard is covered by a glass canopy that allows for the estate's air conditioning, it was originally open to the elements, allowing the tropical climate to seep into the main house. Meant to be used as Vizcaya's main entrance, the East Loggia opens up to the Biscayne Bay. Kristine Villarroel/Business Insider Featuring marble floors and columns and decorated ceilings, the East Loggia was meant to serve as Vizcaya's main entrance for guests arriving by sea, which was Deering's intended — and preferred — way of entering the mansion. It was used as an entrance for guests who arrived by boat, while the current main entrance of the museum was used as a back entrance for guests arriving by car. The room also features a model boat hanging from its ceiling in honor of the explorers who inspired Deering's interpretation of Vizcaya. Although he began living in Vizcaya during his retirement, Deering included multiple working spaces in the property. Kristine Villarroel/Business Insider James Deering was heir to the International Harvester manufacturing firm, which produced tractors and other agricultural machinery, and he worked as its vice president from 1902 until 1909. Deering might have been one of the first prominent Florida "snowbirds," retirees who travel South during the colder months. His downstairs library, located in the northwest corner of the main house, is steps from the entrance hall that welcomes guests. It features Deering's personal book collection, desks for him and a secretary, and seats for business guests. When closed, the door leading to the next room — a reception room meant for entertaining guests — is concealed within the book-lined walls. The reception room features a ceiling imported from Venice, which had to be resized to fit. Kristine Villarroel/Business Insider The reception room is lined with tropical-inspired silk panels showing palm trees. Our tour guide brought our attention to the ceiling, which is decorated with sculpted panels that extend to the sides of the room. The ceiling was imported from Venice and purchased before construction on the property was finished. By the time workers were putting up the decorations in the mansion, they realized that the ceiling panel did not fit the room dimensions, leading to the restructuring of the panel, which curved into the walls. "We should remember that this house was built during the First World War," curator Flaminia Gennari said in the audio tour. "So to import large quantities from Italy in the middle of the war was very complicated." Vizcaya's telephone line was one of the first in Miami. Kristine Villarroel/Business Insider Wired throughout the house, Vizcaya features a highly innovative telephone system for the time. Only 17 years before the start of Vizcaya's construction, the Miami Telephone Company began providing telephone service to the city. Vizcaya's telephones also featured automatic electric exchange, allowing users to connect directly to the number they dialed without going through a human operator. The telephone room, located between two of Vizcaya's main entertainment rooms, was meant for guests to communicate privately without disturbing the flow of the entertainment. The living room showcased Deering's most impressive collections. Kristine Villarroel/Business Insider The living room, with its 1600s limestone fireplace, features some of Vizcaya's most impressive items, including an "admiral carpet" originally commissioned in the 1450s by the grandfather of King Ferdinand II of Spain, the Spanish king who sponsored Christopher Columbus' exploration of the Americas. The room also features throne-like armchairs where US President Ronald Reagan and Pope John Paul II sat in 1987 during the Pope's visit to America. A centerpiece of the room is the Welte Philharmonic Organ, designed to fill the house with music through elaborate sound systems. Designed for guests rather than full-time professional players, the organ uses perforated paper rolls to aid the musicians' performance by adjusting notes and volume. Concealing the organ pipes is an oil painting, which was cut in half to cover wooden doors. "Chalfin had the idea of cutting it in half and using it as the doors of the organs, which is not a very respectful thing to do for a representation of the Virgin Mary, the child, and the saints, but it somehow testifies to the freedom and positive carelessness that they had around old objects," Gennari said in the audio tour. The mansion's formal dining room features the house's oldest artifacts, although it was rarely used. Robin Hill Photography/Courtesy of Vizcaya Museum & Gardens While Deering himself didn't often eat in the formal dining room, he made sure it was impressively decorated for his guests. Sitting to the side is the room's most awe-inspiring feature: a marble tabletop on carved bases resembling mythical creatures, historical artifacts unearthed near Pompeii, dating back to the times before Mount Vesuvius' eruption. Next to the dining room, on the south side of the mansion, the enclosed loggia gave guests a view of the gardens. Kristine Villarroel/Business Insider The colorful glass panels, designed for Vizcaya, feature the estate's main symbols: the seahorse and the caravan. Providing a view of the garden through the glass panels and double doors, the enclosed loggia allowed guests to take in the garden views while staying cool from the Florida sun. The loggia also connects the gardens to the main house through sculpted iron gates. Kristine Villarroel/Business Insider Aside from giving guests an inside view of the gardens from the ground level, the room also connects the outdoors to the rest of the mansion. Downstairs, the kitchen worked as a serving space for staff to plate food and bring it to guests. Kristine Villarroel/Business Insider When designing Vizcaya, Deering asked for the main kitchen to be built upstairs as he didn't want the smell of food to flood the main entertaining rooms on the first floor. To facilitate the transportation of meals and the serving of guests to the dining room, the entertaining rooms, and the loggia, he built a downstairs serving pantry. Today, the serving pantry cabinets display one set of Deering's fine dining china, the one designated for his 80-foot-long luxury yacht, Nepenthe. Commissioned in 1912 to be shipped from Europe, the original set of china purchased by Deering was transported to America as cargo aboard the Titanic. After the ship sank, a replacement set was ordered and is now displayed. The kitchens feature state-of-the-art Gilded Age technology. Kristine Villarroel/Business Insider Throughout the house, Deering incorporated cutting-edge technology, including annunciators with bells connected throughout the house that Deering or guests could ring at any time to get the house staff's attention. Another then-advanced feature of the serving kitchen were its refrigerators, which were rare at the time. The kitchen also featured a warming oven that helped keep food warm while guests were served. Connecting to the upstairs kitchen, which serves as the house's main cooking area, was a dumbwaiter: a food elevator meant to carry the food cooked upstairs to the downstairs plating area, where staff would then take it to the main entertaining rooms, like the dining and sitting rooms. Upstairs, 24 rooms housed guests, staff, and Deering himself. Kristine Villarroel/Business Insider Nine of the bedrooms were dedicated to guests and each was given a name and decorated uniquely, showcasing the artifacts and furniture purchased by Deering and Chalfin on trips to Europe. While not open to the public, an additional 14 rooms housed staff. Another then-advanced technological feature of Vizcaya was its elevator. Kristine Villarroel/Business Insider Deering was motivated to move to South Florida because of his illness, so accessibility features were built throughout the house, including an elevator he would use when using a wheelchair or to avoid walking upstairs. Today, the elevator isn't open to the public, and the museum's second floor is not wheelchair accessible. Deering's main office was inspired by the Napoleonic era. Kristine Villarroel/Business Insider Connected to Deering's bedroom and bathroom, the sitting room was his office where he would tend to business and personal matters, such as sorting his mail. The decoration style was inspired by Napoleonic France. Deering's bedroom was modest compared to some of his guest bedrooms. Robin Hill/Courtesy of Vizcaya Museum and Gardens Unmarried all his life, Deering's room features a single bed rather than a larger size, and his room is furnished for practicality rather than aesthetics. His personal bathroom has one of the most breathtaking views of the property. Kristine Villarroel/Business Insider Opening onto a balcony, Deering's bathroom overlooks Biscayne Bay and offers one of the best views of the house, although it is not accessible to the public today. The closed-off balcony also leads to a secret door to the Espagnolette, the guest bedroom located next to his, usually reserved for Deering's dearest guests. Spiral staircases lead to the South tower. Kristine Villarroel/Business Insider A set of spiral staircases leads up to the South tower, one of the two guest suites overlooking the estate. The tower bedroom has views of the bay and the gardens. Kristine Villarroel/Business Insider The corner room atop the North tower was designed to transport guests to Europe. "Water reflects upwards to the ceiling and the sound of waves is audible in this room, precisely as upon the quay of this great canal of Venice," noted Chalfin about the room, according to the mansion's website. A central piece in the room is a large wardrobe assembled with 1700s Venetian panels, as well as antique painted closet doors. The breakfast room was Deering's preferred dining space. Robin Hill Photography/Courtesy of Vizcaya Museum & Gardens Back on the second floor, the breakfast room was the central entertaining spot. The room is lined with oil paintings depicting ocean scenes, and the windows slide into pocket doors, revealing views of the garden. It also features a sound system, with a piano hidden in a room off the spiral staircase next door and connected to the breakfast room through floor vents that allow sound to travel into the space. Most of the time, Deering opted to dine in this room rather than the formal dining space. Tucked next to the breakfast room is the main kitchen. Kristine Villarroel/Business Insider Designed to maximize staff efficiency, the main kitchen upstairs has different areas for different tasks, including separate sinks for washing dishes and produce. It also features ice boxes, or refrigerators of the time, powered by salt water. During Deering's time at the estate, Vizcaya employed two French chefs dedicated to food and pastries. Food served at the mansion was sourced from the staff village built across the street, where a farm provided vegetables, dairy, chicken, herbs, and citrus. "You and I could come down and drive into the farm area, stop and buy a dozen Deering eggs and take them home and have them for breakfast, and I think that was probably particularly important during World War I," historian Arva Moore Parks said in the audio tour. "He was able to supply not only himself but his workers also." Inspired by European designs, the gardens feature mazes, terraces, fountains, and more. Kristine Villarroel/Business Insider Inspired by 17th- and 18th-century Italian and French villas, the Vizcaya gardens feature a variety of scenes, from a garden theater to multiple paths and mazes, intended to highlight and enhance the native South Florida flora surrounding the estate. The original layout of Vizcaya featured over 180 acres of subtropical forests. Today, that number has gone down to 50 acres. In 1987, President Ronald Reagan hosted Pope John Paul II at the estate. Diana Walker/Getty Images On September 10, 1987, President Ronald Reagan welcomed Pope John Paul II at Vizcaya, where the two conversed while exploring the gardens and the estate. Atop a garden mount is the Casino, a focal point of the gardens. Robin Hill/Courtesy of Vizcaya Museums and Gardens Located at the top of garden mounds designed to block the reflection of water ponds into the main house, the garden casino — Italian for "little house" — was a space where Deering and his guests could take in the garden views or enjoy the subtropical weather without being in direct contact with the sun. Inside the building, a painted ceiling depicts heavenly images. Underneath, bathrooms and other now closed-off areas hide under decorated ceilings. Originally, the casino overlooked a water park part of the estate, where gondolas would be launched, a crucial part of Deering's vision for Vizcaya. Today, the water park no longer exists, and the land is instead taken up by a Catholic church, hospital, and schools after the Deering family sold part of the property to the Catholic Diocese of St. Augustine in 1946. The opposite side of the estate was once used for clandestine entertainment; now, it is a café. Kristine Villarroel/Business Insider While today a café sits underneath the mansion, the space served as a leisure center during Deering's stay. The rooms were filled with billiard tables, bowling alleys, and leather chairs. Hidden underneath the billiards table was also a roulette table, which Deering often used when his college friends visited the estate. The mansion, which opened at the peak of the Prohibition era, also had a decent supply of liquor, which Deering smuggled into the estate and hid in secret bars and cellars. The swimming pool is half-covered, providing relief from South Florida's relentless sun. Robin Hill/Courtesy of Vizcaya Museum and Gardens Tucked next to the leisure rooms underneath the main house is the half-indoor swimming pool, in which Deering is said to have only swum once. Designed as the main entry point to the mansion, the east side of the mansion opens up to a stone barge in the Biscayne Bay. Kristine Villarroel/Business Insider When he first moved into his winter home in December 1916, Deering arrived by sea on what he intended was the front entrance to Vizcaya. Opening up to the Biscayne Bay, the waterfront side of the property features a stone barge, a sculpted structure that acts as a breakwater and protects the main house from changing tides and waves. Today, the mansion hosts private events and has become a local staple for Quinceañera pictures. The mansion is often used for private events. Kristine Villarroel/Business Insider Purchased from the Deering family by Miami-Dade County for $1 million in 1962, Vizcaya today operates as a museum open to the public and for private reservations. The estate often serves as the backdrop for Quinceañera pictures among Miami's large Hispanic population. Walking around the gardens, I saw multiple young women dressed in extravagant gowns posing in the many stunning locations of the estate. Along with being a photographic hot spot, Vizcaya also hosts private events, from Miami Swim Week runway shows to floral-decorated weddings in the gardens. Today, the estate remains an icon of Miami, a city that many would often relate to modern luxury rather than the old and classic wealth on display in Gilded Age-style mansions like Vizcaya. The Vizcaya Village could be the future home of Ken Griffin's Villa Serena. Robin Hil Photography/Courtesy of Vizcaya Museum and Gardens After purchasing the historic Villa Serena estate in Coconut Grove in 2022, Citadel CEO Ken Griffin proposed relocating the 1913 Mediterranean Revival mansion to Vizcaya's Village campus. The home, designed by architect August Geiger for William Jennings Bryan, a three-time Democratic presidential candidate and former US secretary of state, is considered one of Miami's earliest grand waterfront residences. The proposal would move the century-old home from Griffin's property to Vizcaya's Village grounds, where it would be open to the public for the first time in its history and would benefit from an additional $5 million endowment provided by Griffin for its preservation. Any relocation would require extensive planning and government approvals, which have not yet been cleared. Skeptics have said that moving the structure would be an ambitious undertaking that wouldn't align with preservation goals. "Moving a historic structure is absolutely a last resort solution, to be done only if (there) is no other way possible to save a structure… It is not a preservation-minded alternative just because someone bought it and now doesn't want it," Kathleen Slesnick Kauffman, Miami's former historic preservation officer, told the Chicago Tribune in 2023. The Village originally served as Vizcaya's self-sufficient farm and the servants' quarters. Robin Hil Photography/Courtesy of Vizcaya Museum and Gardens The Vizcaya Village, which covers about 12 acres of agricultural fields and includes nearly a dozen buildings, was originally built as the quarters for the mansion's servants and farmers. Today, the campus houses a café and hosts a weekly farmers market, and is undergoing construction and expansions to transform the grounds into a cultural and community space. The Citadel CEO's $20 million donation will expand the village's role in the community. Robin Hil Photography/Courtesy of Vizcaya Museum and Gardens In November 2025, Vizcaya Museum and Gardens announced a $20 million capital donation from Griffin and said that the funds would be used toward building a brand new Center for Learning and Discovery in the village grounds. Once open, the center will offer educational programming like "hands-on artmaking and urban-agriculture experiences," the museum organization wrote in the announcement. The expansion will seek to expand Vizcaya's role in its community. Read the original article on Business Insider

Hedge Fund Trims Stake in NCR Voyix
FinanceYahoo12d ago

Hedge Fund Trims Stake in NCR Voyix

A hedge fund has reportedly reduced its investment in NCR Voyix by $2.7 million, prompting questions about the significance of this move for investors.

Hong Kong insider trading arrests send strong message on market integrity
BusinessbloombergSCMPobservador+3dnevnik-bgTimes of Indiahk-free-press13d ago6 sources

Hong Kong insider trading arrests send strong message on market integrity

Hong Kong’s anti-graft watchdog and financial regulator have arrested eight people and raided three firms over suspected insider dealing and corruption worth HK$315 million in illicit profits. These arrests underscore the city's commitment to upholding stock market integrity amid a surge in new listings and share placements.

Bull market cools Korea’s activist battles
BusinessKorea Herald28d ago

Bull market cools Korea’s activist battles

Activist hedge funds were once treated as unwelcome agitators in South Korea, often turned away at corporate doorsteps. Management teams, wary of short-term pressure and hostile campaigns, viewed them as disruptive forces threatening their control and stability. While a full detente has yet to emerge, the mood is noticeably shifting. Amid a blistering stock market rally, shareholder activism has moderated as rising valuations ease the urgency for direct confrontation. At the same time, corporati

Analyst Outlooks for Food and Beverage Companies
FinanceYahoo1mo ago

Analyst Outlooks for Food and Beverage Companies

Analysts have provided their perspectives and updated price targets for several food and beverage companies, including Ingredion, Bunge Global, Archer-Daniels-Midland, The Hershey Company, The J.M. Smucker Company, Keurig Dr. Pepper, Monster Beverage, and Mondelez International.