U.S. officials have approved a new type of pain drug designed to eliminate the risks of addiction and overdose associated ...

On this day in aviation history, January 27, 1939, the Lockheed XP-38 made its first flight. Developed under great secrecy, ...

Billionaire Bill Ackman helped fund the spinoff of Howard Hughes Holdings Inc. from General Growth Properties in 2010 and has been a big shareholder in the real-estate company since then.

Howard Hughes was a business magnate, engineer, pilot, film director, and philanthropist... and his interest in aviation and aerospace travel, forming the Hughes Aircraft Company in 1932.

Howard Hughes shares jumped after Bill Ackman's investment firm offered to take a controlling interest in the company. Ackman's Pershing Square owned 38% of Howard Hughes as of Nov. 14 ...

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Howard Hughes Holdings (NYSE:HHH) said on Monday it received a proposal from Bill Ackman's Pershing Square Capital Management (OTCPK:PSHZF) for the acquisition of additional Howard Hughes shares ...

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The investment firm run by Bill Ackman is offering Howard Hughes holders $85 a share, a majority of which would be paid in cash, the company said in the letter to investors posted on its website ...