Bill Ackman's Pershing Square Set to Make $600 Million on Universal Stake

The hedge-fund firm first invested in the company in 2021 and has failed to clinch two proposed deals.

Citi Names New Head of Strategy as Jane Fraser Steers Bank Into 'Next Phase'

Margo Pilic will be Citi's new head of strategy, M&A, and investor relations.

SoftBank CEO's Bad Bets Left Him in Despair. An AI Spree Has Him Back on Top.