Bill Ackman takes a massive stake in Uber—what’s driving his bet?
Billionaire hedge fund manager Bill Ackman has built a sizable stake in Uber Technologies Inc (NYSE: UBER). On Friday, the founder and chief executive of Pershing Square said he owned more than 30 ...
Uber Stock Surges after Billionaire Investor Bill Ackman Discloses $2B Stake
Billionaire investor Bill Ackman has disclosed a significant stake in Uber Technologies (UBER) that sent the ride-hailing company’s stock up ...
The corporate exodus from Delaware has begun. Can a Democratic governor stop it?
A single billionaire deciding to move his companies out of state because of a legal spat might not seem like a big deal, but ...
Hedge fund, tech firm look to reincorporate in Nevada
File-sharing service Dropbox unveiled plans last Friday to move its incorporation from Delaware to Nevada. The San Francisco-based tech firm said in a securities filing that it’s in a transformational ...
UnitedHealth raises concerns over Bill Ackman's post on X with SEC
(Reuters) - UnitedHealth (NYSE: UNH) has reached out to the U.S. Securities and Exchange Commission about billionaire ...
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New law restores Social Security benefits for thousands of Nevada retirees
The Social Security Fairness Act will eliminate the Windfall Elimination Provision and the Government Pension Offset, ...
What it means for Delaware if Meta, Facebook's parent company, reincorporates elsewhere
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Delaware’s Famed Business Court Gets a Hard Look From Governor as Musk, Ackman Leave
For more than a century Delaware has boasted the premier US business court, as legal home to most Fortune 500 companies and ...
As Musk and Ackman Snub Delaware, Governor Looks at Court (1)
For more than a century Delaware has boasted the premier US business court, as legal home to most Fortune 500 companies and ...
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Delaware Loses its Luster as Prefered Jurisdiction to Incorporate, Texas and Nevada Rise
A growing number of firms are choosing to incorporate or move their state of incorporation to other states besides Delaware, ...
Alabama bill would charge parents with misdemeanor if students is found with gun on campus
House Bill 103 states that a parent or legal guardian of a minor child could be found guilty of a Class A Misdemeanor if ...
Delaware governor tells BI things may 'need to change' as companies threaten to leave the state
As Delaware, long considered a business-friendly state, faces a potential corporate revolt, Gov. Matt Meyer tells BI change ...