Bacon's $2 Billion Giveback to Hedge Fund Investors

Aug. 1 (Bloomberg) -- In "Top Headlines," Bloomberg's Adam Johnson reports on today's top stories including ADP reports U.S. companies added 163,000 jobs in July, hedge fund manager Louis Bacon is returning $2 billion to investors as his fund may have become too big and Carl Icahn has agreed to sell his stake in MGM Holdings back to the studio as the company prepares for an IPO. He speaks on Bloomberg Television's "Lunch Money."
20 U.S. Cities See Slower Rise in Home Prices
07:59 - Home prices in 20 U.S. cities rose at a slower pace in the year ended May, keeping more properties within reach for prospective buyers. Bloomberg's Vonnie Quinn reports on "Market Makers." (Source: Bloomberg)
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