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 ...

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Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today notes that Bill Ackman, CEO of PSH’s Investment Manager Pershing ...

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 ...

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

Shares of Hertz Global fell more than 20% on Tuesday after the rental car company's results missed Wall Street expectations ...

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.