Business
Global Energy Markets Face Strains Amid US-Iran Conflict and Ukraine War Disruptions
S&P Downgrades Senegal Debt Deeper Into Junk Following Restructuring Plan
DOJ Expands Antitrust Beef Price Probe to Eight Retailers Including Walmart and Amazon
Private equity faces existential crisis in US as unsold companies pile up
Experts express growing concern over the collapse and financial distress of multiple major US companies owned by private equity firms burdened with heavy debt.
- Private equity firms and their portfolio companies employ over 13 million people in the US.
- High-profile bankruptcies include Saks, Eddie Bauer, Kmart, JoAnn Fabrics, and Steward Health Care.
Super PACs ramp up spending for upcoming midterm elections
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