KKR Co-CEOs Henry Kravis, George Roberts Step Down
Henry Kravis and George Roberts are stepping down as co-chief executive officers of KKR & Co., as the founders of…
Bing Crosby’s heirs sell stake in estate to boost his work
NEW YORK (AP) — Harry Crosby was 19 when his father, Bing, died in 1977. But when he goes to…
Merck Asks FDA to Authorize Promising Covid-19 Pill
Merck & Co. and partner Ridgeback Biotherapeutics LP said Monday they have filed an application asking U.S. health regulators to…
The Latest Slump in Car Sales Has Winners and Losers
Sky-high vehicle prices are a good hedge against sliding sales for U.S. car makers and dealers as a whole. But…
Elon Musk vs. Charlie Ergen and the Battle Over Spectrum
On a call last December with Ajit Pai, the Federal Communications Commission’s chairman at the time, Mr. Musk said that…
Derby’s Take: Fed Down Two Hawks as Regional Bank Presidents Depart
The number of Federal Reserve policy makers has dropped from 18 to 16, with potential implications for how the central…
Tariff Relief Plan Falls Short, Businesses Say
WASHINGTON—U.S. businesses are panning the Biden administration’s new China trade policy, saying it fails to provide the tariff relief they…
Oil Jumps Above $80, Turbocharged by Supply Shortages
The extended climb in oil prices is leaving some other industrial commodities behind, a divergence that reflects bets that energy…
Millennials Team Up to Fulfill the Dream of Homeownership
Six months into the pandemic, Veronica Vest was having a serious home-buying urge. Ms. Vest, a 27-year-old project engineer, was tired…
Chinese Developer Modern Land Asks to Delay Bond Repayment
Chinese property developer Modern Land (China) Co. asked investors for permission to defer repaying a $250 million bond due later…
Netflix to Sell ‘Squid Game’ Goods, Other Products on Walmart Site
Netflix Inc. NFLX 0.13% is teaming up with Walmart Inc. WMT 0.30% to create a digital storefront on the retailer’s…
Emerson Plans to Merge Industrial-Software Businesses With AspenTech
The cash-and-stock transaction would value AspenTech, as the company is known, at around $160 a share, officials from the companies…
Ron Rivera’s culture change hits Washington reality
When the news broke that the DEA had raided the Washington Football Team’s headquarters in Ashburn in connection to a…
Xi Jinping: Taiwan annexation by Beijing ‘must be fulfilled’ as tensions rise
Chinese President Xi Jinping, whose military has been engaging in unprecedented provocations against Taiwan, said over the weekend that China‘s…
William Shatner space flight delayed, Jeff Bezos’ Blue Origin says
Projected high winds, not the rapidly multiplying “Tribbles” of a famous “Star Trek” episode, will delay 90-year-old actor William Shatner’s…