In a recent presentation, Ackman and Pershing disclosed that Nike will soon look like it's disappeared from Pershing's portfolio when the fund files updated disclosures for Q1 2025 in a few months.

Another hot chicken chain expands in the Baltimore region, a new round of Key Bridge relief for small businesses, and more ...

Uber stock presents a strong buy opportunity with bullish technicals, solid fundamentals, and Bill Ackman's confidence. Read ...

The Trump administration is planning to lay off at least 40% of the Federal Housing Administration’s (FHA) workers, according ...

The Trump administration is planning to lay off at least 40% of the Federal Housing Administration’s (FHA) workers, according ...

Follow one of these two diets to lower your risk of developing cancer and increase your chances of living longer, says ...

Bill Ackman has amassed a roughly $2.3 billion stake in Uber, saying in a post on X that the ride-hailing company's stock is undervalued. Ackman said Friday in the post that his Pershing Square ...

Want to make extra money outside of your day job? Sign up for CNBC's online course How to Earn Passive Income Online to learn ...

Meanwhile, the Trump tizzy continues with more tariffs on more products spurring all kinds of reciprocal actions and market ...

The S&P 500 slipped 1.0% on Friday, Feb. 7, as the latest labor market data revealed that the U.S. economy added fewer jobs than expected in January.

Billionaire hedge fund manager Bill Ackman revealed on Friday that his activist investment firm has bought up approximately $2 billion worth of shares of Uber — sending the ride-share company ...