Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...

Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...

This week, Southwest Airlines announced that it would start charging its customers for checked bags. The move came after months of relentless pressure from hedge fund Elliott Management, which has ...

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...

The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...

It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...

Senate Minority Leader Chuck Schumer took heavy criticism from fellow Democrats for backing the GOP measure, which he called ...

The JPMorgan CEO tells the truth about Glass Lewis and ISS.

They thought his second term would be like the first, giving priority to economic growth and the stock market. Trump had ...

Hedge funds usually like to take advantage of stock-market unrest. Lately, they have helped spread it instead.

The S&P 500 tumbled into correction territory on Thursday after Trump threatened new tariffs that would test wine and whiskey ...