Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set ...

House Republicans hold together to avoid a government shutdown, put Senate Democrats on the spot.

Howard Hughes Holdings extended its standstill agreement for Pershing Square Capital Management to buy a majority stake in the real estate company. The standstill agreement, which was initiated March ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Paul Hilal founded Mantle Ridge in 2016. Before that, he ...

Recession fears rekindle concerns that Americans are overstretched on debt.

In his letter, Buffett emphasized the need to address mistakes quickly. He referenced his late business partner, Charlie Munger, who coined the term "thumb-sucking" to describe the danger of inaction ...

Senate Republicans seem to be cruising toward confirming as the director of the National Institutes of Health an academic who made a huge mistake about the most serious health crisis to confront the ...

The grabber was the first two words. Howard Hughes! Like pet rocks and platform shoes, the name is a relic from the deeply ...

Delaware built its identity on being home to the world’s largest companies. But after Elon Musk’s Tesla took off for Texas, ...

For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes, according to ...