Private-equity giants are the latest targets of the SEC’s record-breaking probes

Private-equity giants are the latest targets of the SEC’s record-breaking probes

WASHINGTON—Wall Street’s private equity giants are the latest companies to face regulatory probes into dealmakers’ use of prohibited communications channels. Apollo Global Management Inc., KKR KKR 0.23% & Co. Inc., and Carlyle CG -7.69% Group Inc. revealed on Tuesday that it is facing investigations into whether its employees used messaging apps such as WhatsApp to … Read more

Walgreens unit close to about $9 billion deals in summit health

Walgreens unit close to about $9 billion deals in summit health

A unit of Walgreens Boots Alliance Inc. WBA 3.72% is nearing a deal to combine with a major owner of medical practices and urgent care centers in a transaction valued at about $9 billion including debt, according to people familiar with the matter, the latest in a series of acquisitions by large consumer-focused companies that … Read more

How to use ETFs to build a fixed income portfolio

How to use ETFs to build a fixed income portfolio

Rising inflation and corresponding interest rate increases have left many fixed income portfolios in ruins this year. Core bond funds, typically the foundation of a multi-asset portfolio, are down 15% to 20%. “It’s very clear that the interest rate environment in the next 10 years is not going to look like the last 10,” said … Read more

Startups are looking to lay off techies

Startups are looking to lay off techies

Debt-laden with investor capital, tech startups plan to snap up software developers, engineers and marketers flooding the job market after job cuts at Twitter Inc., Lyft Inc. and other major tech employers. Kathy Zhu said she is fielding candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. … Read more

US equity funds showed life in October

US equity funds showed life in October

No one is saying mutual fund investors will be celebrating 2022 when it’s done. But October’s out-of-the-blue rally was a respite from the pain. The average U.S. stock fund gained 8.7% in October, according to Refinitiv Lipper data, as the stock market rallied. The Dow Jones Industrial Average rose 14% during the month, its best … Read more

Startups are looking to lay off techies

Startups are looking to lay off techies

Debt-laden with investor capital, tech startups plan to snap up software developers, engineers and marketers flooding the job market after job cuts at Twitter Inc., Lyft Inc. and other major tech employers. Kathy Zhu said she is fielding candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. … Read more

Hedging against currency fluctuations separates winners from losers this year

Hedging against currency fluctuations separates winners from losers this year

The dollar’s recent surge has added to the complexity of buying overseas stocks for investors accustomed to focusing on metrics such as company earnings and share price valuations. When US-based investors hold international stocks, their performance is driven by fluctuations in exchange rates as well as the performance of the underlying company stocks. In periods … Read more

How the Chips Act Could Benefit Tech Stocks and Investors

How the Chips Act Could Benefit Tech Stocks and Investors

It’s been a tough year for tech stocks – but there could be reason to hope for long-term growth. Market volatility, supply chain issues and rising inflation have all contributed to the sell-off. Morningstar surveys also suggest that big tech companies could see a significant hit to third-quarter earnings as a strong dollar eats away … Read more

Tiger Global halts new Chinese equity investments

Tiger Global halts new Chinese equity investments

Longtime Chinese investor Tiger Global Management has paused investing in Chinese stocks, people familiar with the matter said, as the firm reevaluates its exposure to the world’s second-largest economy after President Xi Jinping cemented his control over the country. Tiger leaders, including founder Charles “Chase” Coleman, have told others that Mr Xi’s re-election and his … Read more

Supply-Chain Tech Provider Project44 Delays Potential Public Offering

Supply-Chain Tech Provider Project44 Delays Potential Public Offering

Supply chain technology provider project44 has postponed plans for a possible public offering amid uncertainty in markets, and is instead turning to more venture capital investments to expand its company’s tracking of goods through global transportation networks. Chicago-based project44, one of a number of supply chain software startups that have drawn billions of dollars in … Read more