Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...

The investment came as the Justice Department announced it was shutting down a team that investigated market manipulation ...

EGH Acquisition Corp. has filed for an initial public offering worth $150 million. The blank-check company plans to sell 15 million units priced at $10 each, according to a Securities and Exchange ...

Chip developer Advanced Micro Devices (AMD) on Wednesday said it expects new US licensing requirements for semiconductors exported to China to cost it as much as $800 million.