Breaking News: Business

Dinesh D’Souza election fraud film, book ‘2000 Mules’ pulled after defamation suit

WASHINGTON — The conservative gadfly Dinesh D’Souza’s film and book “2000 Mules,” which pushes false conspiracies about voter fraud in…

Bill Ackman selling stake in Pershing Square at $10.5 billion valuation, aiming for IPO one day

Billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, aiming to eventually take his investment firm public.…

Kohl’s stock plummets more than 20% after massive earnings miss

Kohl’s shares plummeted more than 20% Thursday after the company posted a surprise loss per share, coming in well below…

Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’

Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, “false, baseless and defamatory.”…

Clean Energy Ventures raises $305 million to back early-stage climate startups

Clean energy stocks may be underperforming in the public market. But there is still a great appetite for companies focused…

How private equity rolled Red Lobster

Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was…

Wall Street ponders what happens to booming private credit market when you-know-what hits the fan

The explosion of private credit has been met with a whole host of concerns, but among the louder ones more…

British retail sales plunge 2.3% in April, missing estimates

LONDON — U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics…

Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment

Norfolk Southern has agreed to pay $310 million to settle charges over a toxic train derailment in East Palestine, Ohio,…