Breaking News: Business

Private equity giant KKR’s antidote to worker discontent — employee stock ownership programs

(Click here to subscribe to the Delivering Alpha newsletter.) The job market may be strong, but the invisible strings that connect workers…

KKR’s private equity co-head says it’s a great time to do deals, but be sure to exercise caution

Private equity firms should be motivated to hunt for deals despite the challenging interest rate environment as the potential purchase…

Wells Fargo announces $30 billion buyback, shares rise

Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also…

‘Oppenheimer’ mania pushes Army to warn of long tourist lines at Trinity atomic test site

WASHINGTON — The U.S. Army said its upcoming open house of the Trinity Site is expected to receive “a larger than normal…

Barbie’s designer made missiles for Raytheon first as ‘Barbenheimer’ rocks box offices

A weapons engineer turned doll maker is the unexpected link to “Barbenheimer,” the affectionately dubbed duo from Warner Bros.′ “Barbie” and…

Retail bets on zero day options are growing, but they may come at a price

It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is…

Cathie Wood says her flagship innovation fund has completely exited China

Ark Invest’s Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market…

TikTok Shop strikes ‘buy now, pay later’ partnership in Malaysia as part of e-commerce push

TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in…

Trump Media merger partner DWAC settles with SEC over fraud charges

WASHINGTON — The Securities and Exchange Commission announced Thursday that it had settled fraud charges with Digital World Acquisition Corp.,…