News

Read Hertz CEO's letter to employees about Bill Ackman's ‘significant' stake in the rental car firm
Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...
Hertz Wins Over Ackman in a Bet Tariffs Will Boost Value of Cars
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the ...
Hertz Stock Soars as Billionaire Bill Ackman's Pershing Square Discloses Stake
Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...
Observer5h
Bill Ackman Is Betting on Car Rental Giant Hertz to be a Tariff Winner
President Trump’s auto tariffs may have sparked fears of price hikes among consumers, but some car-buying businesses could actually benefit, according to investor Bill Ackman. The Pershing Square ...
Bill Ackman defends Trump tariffs after warning the world was on brink of ‘economic nuclear winter,’ attacking Commerce secretary
The hedge fund manager, one of Trump’s most notable business allies during his campaign, doubled down on his call for the ...
Ackman's Pershing Square Holdings fund drops nearly 14% so far this year
Billionaire investor Bill Ackman's Pershing Square Holdings portfolio has lost nearly 14% so far this year, the firm told ...
Bill Ackman Issues Stark Warning About Tariffs: 'When Markets Crash, New Investments Stop, Consumers Stop Spending Money'
Bill Ackman has outperformed the stock market over the past five years with Pershing Square Capital Management. The hedge ...