Some of the most prominent U.S. executives gathered at the Kennedy Center for an event promoting deal-making with the oil-rich kingdom.
Category: Private Equity
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Saudi Arabia’s Prince Has Big Plans, but His Giant Fund Is Low on Cash
After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund.
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A BlackRock-Backed Roofing Conglomerate Goes Bust
Investment firms are buying and bundling contractors, leaving some workers and customers worse off.
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A MAGA Senator Promised Hope for a Dying Ohio Mill. Then Reality Set In.
The town’s unionized workers wanted to believe that there was something better than what private equity owners had offered.
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Starbucks to Sell 60% of Its China Business to a Private Equity Firm
Boyu Capital will pay $4 billion for a stake in the coffee giant’s 8,000 stores in China.
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How A.I. Is Transforming Dating Apps
Meet your artificial intelligence matchmakers. These A.I. tools are changing dating apps, so users don’t have to swipe through an endless scroll of profiles.
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Donald Trump Jr. Pitches ‘Patriotic Capitalism’ at Saudi Summit
His firm, 1789 Capital, has been investing in artificial intelligence and defense technology — and, he said, it has an “understanding” of President Trump’s plans.
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Why Bank C.E.O.s Like Jamie Dimon See Economic Trouble Ahead
Wall Street giants are reporting blowout results for their most recent quarter. But they are getting worried about what lies ahead.
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The Rules of Investing Are Being Loosened. Could It Lead to the Next 1929?
A group of financiers is trying to convince the public to invest heavily in private equity and crypto — a risky gambit with some real 1920s vibes.
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Inside the Closed-Door Meetings of the N.F.L.’s Billionaire Owners
Every three months, closed-door meetings of the billionaires who own N.F.L. teams become displays of status, beefs and sometimes Trump-induced headaches.
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Billions of Dollars ‘Vanished’: Low-Profile Bankruptcy Rings Alarms on Wall Street
The unraveling of First Brands, a midsize auto-parts maker, is exposing hidden losses at international banks and “private credit” lenders.
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How Private Equity Oversees the Ethics of Drug Research
Many drug trials are vetted by companies with ties to the drugmakers, raising concerns about conflicts of interest and patient safety.