Tariffs have skyrocketed. Supply chains are tangled. Small businesses are bracing themselves. But amid the economic friction, ...

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

European stocks were mostly lower on Wednesday, although they looked to benefit from easing tariff tensions and receding recession risks given their sensitivity to global trade and economic growth.

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 ...

The record label behind Taylor Swift said Ackman resigned from the board with immediate effect due to new executive and board ...

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

A PAC backing Andrew Cuomo for mayor made another massive ad buy despite an earlier $622K fine for alleged illegal ...

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 ...

A vacant 1.1-acre lot in the Financial District is drawing interest from scores of bidders, its owner said today. The land at ...

Shares of Hertz plummeted Tuesday morning following the company reporting disappointing first-quarter earnings and fleet cuts ...

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, ...