Tariffs have skyrocketed. Supply chains are tangled. Small businesses are bracing themselves. But amid the economic friction, a surprising gesture from China may have cracked open the door to ...

Universal Music Group stock was falling on Wednesday after billionaire investor Bill Ackman resigned from the record label’s ...

Bill Ackman of Pershing Square Capital said he will resign his seat on Universal Music Group's board of directors, effective immediately.

Billionaire investor Bill Ackman is stepping down from the board of Universal Music Group N.V., the world’s largest music ...

Hedge-fund billionaire Bill Ackman is resigning from Universal Music Group's board of directors, taking a step back from the record label behind Taylor Swift and Lady Gaga that he had pushed to list ...

Bill Ackman is no longer on the board of Universal Music Group. The surprise news was confirmed this morning (May 14) by UMG ...

Hertz said Monday that it remains on track to reach positive adjusted earnings before interest, taxes, depreciation and amortization in the third quarter of this year. Its first-quarter adjusted ...

Since Ackman made the first investment, Basic Capital has picked up some notable venture capital backers. In 2023, its seed round was led by Lux Capital and included venture capital firms BoxGroup, ...

Hertz Global Holdings shares declined 7.6% in premarket trading Tuesday after recording a wider loss and lower revenue in its latest quarter.

Billionaire investor Bill Ackman has built quite the name for himself as one of the key investors to watch in the modern era.

Bill Ackman flagged the contribution of subsidies to the U.S. debt and appreciated Donald Trump for proposing an order to cut ...