Uber's stock faced a 30% drawdown due to AV concerns but rebounded with strong results and Bill Ackman's investment, though ...

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 ...

Bill Strazzullo, Bell Curve Trading chief market strategist, said in a latest program on CNBC that the market rally that ...

Explore Bill Ackman's bold bid for Howard Hughes, its potential challenges, valuation insights, and the ambitious plan to ...

Warren Buffett is losing control of Berkshire Hathaway, and hedge fund manager Bill Ackman says it’s time for a new era. The ...

Maria directs the annual Philanthropy 50, a comprehensive report on America’s most generous donors. She writes about wealthy philanthropists, arts organizations, key trends and insights related to ...

Ackman said he hopes to build “a modern Berkshire Hathaway," and expressed confidence in Buffett’s successor’s ability to ...

Register for this free strategy session today. What Happened: Ackman, the head of Pershing Square Capital Management, criticized Buffett’s investment approach, deeming it excessively cautious.

Hedge fund manager Bill Ackman called Warren Buffett’s investment strategy too conservative and claimed Berkshire Hathaway’s businesses would likely run better under the next chief executive.

WARREN Buffett’s latest shareholder letter contains his usual folksy mix of wisdom and humour. But it also strikes a more contemplative tone, reflecting on the divergent mortality of the company and ...