Key Points Bill Ackman built his reputation through high-conviction bets that produced both massive wins and notable failures ...

April 24, 2014 — -- The diet and nutrition company Herbalife defended its sales practices Thursday after an ABC News undercover investigation showed independent distributors talking to recruits ...

Remember a couple of months ago, when hedge fund giant Carl Icahn went nuclear on hedge fund giant Bill Ackman for short-selling Herbalife stock? Turns out the spat might've made both men millions. On ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Even though he's a billionaire, shorting shares of ...

The Herbalife Plaza in Torrance, California, on May 1, 2016. Bloomberg photo by Patrick T. Fallon. The documentary film "Betting on Zero," which chronicles hedge fund manager Bill Ackman's attempt to ...

Hedge fund billionaire Bill Ackman criticized Harvard University for becoming “a political advocacy organization” in a CNBC interview. Howard Hughes Holdings said Bill Ackman’s Pershing Square Capital ...

Investing giant Carl Icahn is still fighting his war of words against hedge fund rival Bill Ackman, but he swears it's not about personal feelings—it's about making money. Hurting Ackman's feelings in ...

Bill Ackman, the CEO of Pershing Square Capital Management, has historically invested in a very different manner than Warren ...

Bill Ackman is the CEO of Pershing Square Capital Management, but the companies he’s probably most associated with are the ones he’s investing in. As an activist investor, Ackman is known for buying a ...

A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall. By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, ...