One of Donald Trump’s most vocal Wall Street supporters, hedge fund manager Bill Ackman, has an insurance policy in case the ...

Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is ...

Hertz shares jumped 44% after Bill Ackman took a 20% stake, sparking hopes of activist changes despite financial struggles.

Billionaire investor discloses nearly 20% stake in Hertz, lays out path to greater profitability ...

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management ...

Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the ...

Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...

Pershing Square Capital Management says it now owns about 4.1% of the company.

Even though Hertz's gains on Wednesday were massive, the car rental company's stock isn't a stranger to such eye-watering ...

Tariffs on imported new cars may prop up the values of existing vehicles, such as those in rental group’s fleet ...

Hedge fund billionaire & high-profile political pundit Bill Ackman turned generational wealth into a veritable fortune ...