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Universal Music Group stock was falling on Wednesday after billionaire investor Bill Ackman resigned from the record label’s ...

Bill Ackman of Pershing Square Capital said he will resign his seat on Universal Music Group's board of directors, effective immediately.

Bill Ackman has officially stepped down from the Universal Music Group (UMG) board, citing “increasing demands on his time.” ...

Activists say Vincent Bolloré built his fortune through abusive business practices in West Africa. They’re urging UMG artists ...

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The donation from the the app company is seen as a way of influencing a possible future mayor to side with the tech giant.

Pershing Square, an investment holding company, said Ackman is leaving Universal Music "due to increasing demands on his time" from other commitments, including his recent appointment as executive ...