Kewsong Lee bolstered Carlyle Group Inc's growth after he took over the reins in 2018, yet the private equity firm continued to play catchup with its larger and more diversified publicly listed rivals, according to people close to the situation, analysts and investors.
The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security.
U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs), as Congress prepares for final votes today on a bill that includes a top-to-bottom overhaul of Washington's clean vehicle policies.
The Biden administration on Friday announced it is putting more than $3 billion into two federal programs to help communities deal with floods, wildfires, extreme heat and other problems imposed by climate change.
After the FBI raid at Mar-a-Lago, he had asked the former president's supporters to "not tolerate this one."
In the span of eight days in May, three young men were shot dead in a small neighborhood of the town of Orebro, part of a wave of gang violence spreading from big cities to small-town Sweden that is topping voters' concerns ahead of elections next month.
The families of Israeli athletes murdered at the 1972 Munich Olympics are unhappy with fresh German compensation offers and plan to boycott a ceremony marking the 50th anniversary of the attack in protest, their spokesperson told Reuters on Friday.
U.S. President Joe Biden should announce his candidacy for re-election sooner than usual following November's congressional race in a bid to squash speculation about the Democrat's plans ahead of the 2024 campaign, several sources said.
The recommendation from the FDA comes after a study revealed that repeat antigen testing provided a better chance for accurate test results.
U.S. regulators raised doubts about Cheniere Energy's decision to install higher-polluting gas-fired turbines at its Gulf Coast liquefied natural gas terminals in Texas and Louisiana years before they began operating, according to documents reviewed by Reuters.
The worker has been booked on one count of aggravated assault.
It is estimated that the count of elephants worldwide has slashed by 62% over the past decade.
The contents of the phone calls are "vulgar, threatening, or obscene," according to court records.
Twitter users raised concerns about a job posting from the IRS that noted willingness to "use deadly force, if necessary" as a major duty for special agents.
Big Pharma spent more than any other industry to lobby Congress and federal agencies this year, a Reuters analysis shows, but is still on course for a major defeat by failing to stop a bill that allows the government to negotiate prices on select drugs.
In West Virginia, a solar field could soon rise atop an abandoned coal mine, and factories will soon be churning out batteries and electric school buses.
Gunfire has long echoed in New York's Adirondack Mountains.
The U.S. House of Representatives will vote Friday on a $430 billion bill to fight climate change and lower prescription drug prices, in what Democrats view as a major political win for President Joe Biden ahead of November's midterm elections.
The former NFL star who appeared to be nodding in and out of sleep during questioning reeked of alcohol, police said.
Italy's conservative bloc will cut taxes, crack down on immigration and scrap the current system of welfare benefits if it wins next month's election as expected, the group said in a joint manifesto.
As the dust settles from China's military exercises around Taiwan, the message is clear: the military will uphold China's claim on the island in a challenge to the United States that will keep tension high and ramp up the risk of confrontation.
A hacker has claimed to have obtained the personal information of 48.5 million users of a COVID health code mobile app run by the city of Shanghai, the second claim of a breach of the Chinese financial hub's data in just over a month.
While China's expanded drills surrounding Taiwan have marked an unprecedented military and political warning against outside interference over the island, they opened a window to gather intelligence for the United States and its allies.
As thousands of Afghans crowded outside Kabul airport a year ago desperately trying to escape the Taliban, Massouda Kohistani managed to fight her way on to a foreign military flight bound for the Gulf and ended up in Spain.
A U.S. appeals court on Thursday upheld a 2020 ruling that tossed out a racketeering lawsuit filed by General Motors Co against rival Fiat Chrysler Automobiles (FCA), now part of Stellantis NV, and former executives.
Drugs were found in Actor Anne Heches' system after preliminary testing from her crashing her car and being in critical condition, according to LAPD.
A U.S. judge on Thursday said Peloton Interactive Inc must face a proposed class action lawsuit accusing the bike and treadmill maker of misleading customers about the "ever-growing" size of its library of on-demand fitness classes.
California Governor Gavin Newsom unveiled a new water strategy on Thursday that plans for a future with 10% less water and shifts the emphasis from conservation to capturing more water that otherwise flows out to sea.
The United States Postal Service is raises shipping prices for the holiday season again this year.
The following is a summary of some recent studies on COVID-19.