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BILL ACKMAN


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Backing Israel was considered mandatory for New York politicians. Then came Zohran Mamdani

Read full article: Backing Israel was considered mandatory for New York politicians. Then came Zohran Mamdani

If Zohran Mamdani wins New York Cityโ€™s mayorโ€™s race next month, he would become the cityโ€™s first Muslim mayor and its youngest in a century.

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Joe Rogan, Dave Portnoy and Ben Shapiro are among Trump backers now questioning tariffs

Read full article: Joe Rogan, Dave Portnoy and Ben Shapiro are among Trump backers now questioning tariffs

As President Donald Trumpโ€™s tariffs roil global markets, some of the thought leaders and influential podcasters who backed the Republicanโ€™s campaign are voicing doubts.

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Delaware's status as corporate capital might be on the line in a fight over shareholder lawsuits

Read full article: Delaware's status as corporate capital might be on the line in a fight over shareholder lawsuits

Delaware is trying to protect its status as the corporate capital of the world amid fallout from a judge rejecting billionaire Elon Muskโ€™s landmark compensation package from Tesla.

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Michael Bloomberg tops the list of Americaโ€™s biggest donors for the second year in a row

Read full article: Michael Bloomberg tops the list of Americaโ€™s biggest donors for the second year in a row

For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes, according to the Chronicle of Philanthropyโ€™s exclusive Philanthropy 50 list of the Americans who donated the largest sums to nonprofits last year.

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Trump's campaign crowdfunded millions online in an untraditional approach to emergency relief

Read full article: Trump's campaign crowdfunded millions online in an untraditional approach to emergency relief

Former President Donald Trumpโ€™s campaign is using GoFundMe to rally its donor network around the survivors of his July assassination attempt and Hurricane Heleneโ€™s destruction.

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As DEI policies come under legal attack, philanthropic donors consider how to adapt

Read full article: As DEI policies come under legal attack, philanthropic donors consider how to adapt

Foundations and major donors are mobilizing to respond to court cases like the Supreme Courtโ€™s June decision ending affirmative action at universities.

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Following review, Business Insider stands by reports on wife of ex-Harvard president's critic

Read full article: Following review, Business Insider stands by reports on wife of ex-Harvard president's critic

Business Insider says it is satisfied with the fairness and accuracy of stories that made plagiarism accusations against the wife of a hedge fund billionaire who was active in the ousting of Harvard President Claudine Gay.

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Backlash to House testimony shines spotlight on new generation of Ivy League presidents

Read full article: Backlash to House testimony shines spotlight on new generation of Ivy League presidents

The university presidents called before last weekโ€™s congressional hearing on antisemitism had more in common than strife on their campuses: The leaders of the University of Pennsylvania, Harvard and MIT were all women who were relatively new in their positions.

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Gates, French Gates top list of biggest U.S. charity donors

Read full article: Gates, French Gates top list of biggest U.S. charity donors

A handful of Americans donated at least $1 billion to charity last year, according to theโ€ฏChronicle of Philanthropyโ€™s annual ranking of the 50 Americans who gave the most to charity in 2021.

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Pershing Square SPAC exits Universal Music deal

Read full article: Pershing Square SPAC exits Universal Music deal

A special-purpose acquisition company run by billionaire Bill Ackmanโ€™s Pershing Square is stepping away from a deal to buy a 10% stake in Universal Music Group, citing questions from the Securities and Exchange Commission.

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EXPLAINER: What's a SPAC, the latest craze on Wall Street?

Read full article: EXPLAINER: What's a SPAC, the latest craze on Wall Street?

In the two years since the office-sharing companyโ€™s failed IPO, a new way to launch a stock on Wall Street has become fashionable: SPACs. Special purpose acquisition companies have been embraced by big institutions and small-pocketed investors alike. The goal is to use those millions of dollars to take a private company public without using the traditional initial public offering process thatโ€™s been around for decades. Management has a financial incentive to find an acquisition target โ€” most often management receives a 20% stake in the newly public company. An exchange-traded fund consisting of SPACs and companies taken public through SPAC acquisitions, the Defiance Next Gen SPAC fund, jumped 55% between early November and mid-February.

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