U.S. Aims to Curb Investment in China Amid Security Concerns
The Biden administration is preparing new rules that would restrict U.S. dollars from flowing to China.
The Biden administration is preparing new rules that would restrict U.S. dollars from flowing to China.
Some high-end chains are surprisingly profitable, and they are trying to shape child care policy in Washington.
A defunct New Mexico coal plant would be revamped with the help of subsidies authorized by the new climate legislation, but a plan to rely on natural gas converted into hydrogen has generated criticism.
Thomas Barrack, a Los Angeles private equity executive, is accused of working secretly for the United Arab Emirates.
Conservatives in the U.S. have targeted firms for their environmental policies, but many companies are standing their ground.
The latest effort to narrow the preferential tax treatment used by private equity executives failed after Senator Kyrsten Sinema objected.
Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.
Senator Kyrsten Sinema had one main request before she would support a key spending bill: Preserve a tax loophole that mainly benefits people in private equity.
Legislation agreed to by top Democrats falls far short of closing a tax loophole that party leaders have complained about for years but would narrow its preferential treatment.
Weeks before the Trump administration ended, Jared Kushner and Steven Mnuchin met with future investors on official trips to the Middle East.
Using a network of banks, law firms and advisers in multiple countries, Roman Abramovich invested billions in American hedge funds.
Former President Donald J. Trump’s son-in-law is trying to raise capital for his investment firm and is turning to a region that he dealt with extensively while in the White House.
The president’s son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries
But the Biden administration sent only a deputy commerce secretary to the high-profile gathering, amid shifts in global politics and diplomatic strains.
The former Treasury secretary has attracted investment from Saudi Arabia’s sovereign wealth fund.
The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.
More than 160 participants in a master’s program funded by the Blackstone founder Stephen Schwarzman have urged him to stop donating to election objectors. He has declined.
The Blackstone chief executive stuck with President Trump despite the occasional slight, and stopped short of criticizing him even after the Capitol attack.
Business is about accountability.
