Bill Ackman said a 'fear of looking weak' was all that was stopping the US and China from cutting tariffs.Brian Snyder/Reuters
Share prices of Hertz surged 56% after billionaire investor Bill Ackman's firm disclosed a stake in the car rental company. Pershing Square Capital Management said in a regulatory filing on Wednesda… [+1498 chars]...
Read moreRoblox shareholders will vote in May on a proposal to leave Delaware and reincorporate in Nevada.Jakub Porzycki/NurPhoto via Getty Images
President Donald Trump said he would implement a 90-day pause on tariffs as a result of his negotiating strategy.Kevin Dietsch/Getty Images
Hedge fund honcho Bill Ackman has joined a growing list of President Donald Trump's billionaire backers calling for the White House to slam the brakes on tariffs. As the Trump administration's recip… [+3677 chars]...
Read moreHertz Global Holdings (HTZ) is back in the headlines, with its stock price doubling since last week. The catalyst? Bill Ackmans Pershing Square Capital Management (PSH) surprised the markets by amass… [+6272 chars]...
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