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  • Michael J. de la Merced

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Bill Ackman’s Fund Offers to Buy Universal Music in $64 Billion Deal

The complex transaction pitched by the billionaire hedge fund manager would need to pass muster with the music label’s shareholders.

Shield AI, a Start-Up Making Military Drones, Raises $2 Billion

The company, which develops autonomous military technology, also plans to buy a maker of simulation software as interest in next-generation defense soars.

Berkshire Hathaway Posts a Drop in Earnings in Buffett’s Last Year

In his first report as C.E.O., Gregory Abel, stuck to a straight commentary rather than Warren Buffett’s folksy tone. The lower earnings were largely driven…

Revel, a Maker of Software for Running Hardware, Raises $150 Million

The start-up, founded by a former top SpaceX engineer, promises to help companies reduce their testing times and optimize systems.