Private-equity firm KKR has agreed to buy a 20% stake in the regional data center business of Singapore Telecommunications for 1.1 billion Singapore dollars (US$800.0 million).
IPO Report: Klaviyo reportedly raises price range of its upcoming IPO
Klaviyo Inc. is reportedly raising the target of its upcoming initial public offering to more than $550 million.
: Cisco to cut 350 jobs in latest round of layoffs
Cisco Systems Inc. will lay off 350 employees in Silicon Valley next month, in the tech giant’s latest round of job cuts.
Associated Press: Drew Barrymore postpones her show’s new season launch until after strikes
Barrymore’s initial decision to return to the air Monday ith picketers outside her studio was met with pushback on social media.
Market Snapshot: Powell could still hammer U.S. stocks on Wednesday even if the Fed doesn’t hike interest rates
Although the Federal Reserve is expected to leave interest rates on hold Wednesday, Chairman Jerome Powell could still rattle markets as he’s probed for clues about the central bank’s thinking.
Market Extra: ‘The rubber band is so stretched’: Why this once-overlooked stock-market sector is sending a warning signal about the economy
It hasn’t been a great year for investors to own stocks in the utilities sector – the worst-performing part of the U.S. stock market so far in 2023 – but that could be coming to an end.
: National Cheeseburger Day: Deals abound today, but are you ready to pay $10 for a burger the rest of the year?
McDonald’s is among the many fast-food and fast-casual chains offering National Cheeseburger Day deals.
Earnings Watch: Wall Street is the most optimistic on these industries as the fourth quarter approaches
Oil and gas prices remain high for consumers, but heading into the fourth quarter, Wall Street analysts are saying buy the stocks.
Economic Report: Rising health costs could make it harder for the Fed to get inflation down to 2%
U.S. inflation has slowed sharply from a 40-year peak of 9.1% and it’s gotten an assist from a surprising source: Falling medical costs. But that’s ending.
Encore: Pensions, 401(k), Social Security, earnings: Sources of income for older households have changed dramatically
Earnings are much more important, but 401(k) withdrawals have yet to make their mark
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