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,

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.

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