Bill Ackman's Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according to a report in Bloomberg. Ackman announced the sale on social media, but the numbers are from a Bloomberg source citing knowledge of the deal,

Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG). "We decided to sell a portion of our UMG position today," he wrote on X. "UMG was our largest position going into the day at more than around 27% of our capital.

U.S. aircraft leasing firm Jackson Square Aviation has placed its first direct order with Airbus for 50 A320neo Family aircraft, it said in a statement on Wednesday.

DALLAS — Ireland-based Jackson Square Aviation (JSA) is pleased to announce its first direct order with Airbus for 50 A320neo aircraft. The order includes both A320neo and A321n