Paulson Gold Fund Fell 13% in May

June 11 (Bloomberg) -- Billionaire John Paulson, the hedge-fund manager trying to recover from losses related to bullion this year, posted a 13 percent decline in his Gold Fund last month, according to a letter to investors. The drop brings losses in the strategy to 54 percent since the start of the year, the firm said in the letter, a copy of which was obtained by Bloomberg News. Kelly Bit reports on Bloomberg Television's "Money Moves." Deirdre Bolton also speaks. (Source: Bloomberg)

Why Airbnb Is Doubling Its Investment in China
06:19 - Airbnb is adopting the name “Aibiying” in China, one that translates as “welcome each other with love,” as it doubles investment in the country and triples its local workforce to serve the world’s largest population of travelers. Bloomberg's Brad Stone has more on "Bloomberg Technology." (Source: Bloomberg)
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