Carlyle Fund Walloped in Commodities Rout

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A rout in raw materials has helped drive down holdings in a Carlye Group firm’s flagship fund from about $2 billion to less than $50 million. The collapsing commodities market is spreading pain well beyond specialists to some of the heaviest hitters on Wall Street.

Pacific Trade Talks End With No Deal

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High-level efforts to complete a major Pacific trade agreement ended without resolution amid deep differences over trade in dairy and other products.

Lamborghini Plots First Sport-Utility

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Italian sports-car maker Lamborghini envisions big changes for its product line and production methods, aiming to build its first sport-utility with components borrowed from parent Volkswagen vehicles.

Uber Crosses $50 Billion Valuation

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Uber has completed a new round of funding that values the five-year-old ride-hailing company at close to $51 billion, reaching the mark faster than Facebook did.

Police Arrest Ex-Head of Bitcoin Exchange Mt. Gox

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Japanese police arrested Mark Karpelès, the head of collapsed bitcoin exchange Mt. Gox, alleging that he manipulated the company’s computer system to increase the balance in an account.

Riots to Riches: China's Wild Market Swings

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After nearly 25 years of turbulent action that has elated and infuriated investors, China’s stock markets remain much as they were when they opened in 1990. Beijing calls the shots.

Commodities Slide Deeper Into a Rut

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Commodity prices tumbled anew, plunging the S&P GSCI Total Return index to its worst monthly loss since November 2008 and deepening a yearslong rout that few observers expect to moderate.

How Whipsawing Grain Prices Are Affecting ADM, Cargill

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Several of the largest agribusiness companies are set to announce quarterly results, providing insight into how whipsawing grain prices are affecting the farm economy.

Marines Say Costly F-35 Jet Fighter Is Finally Ready

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The U.S. Marine Corps said Lockheed’s F-35 Joint Strike Fighter is finally ready for combat, a milestone for the world’s most expensive weapons program.

'Therapeutic' Approach to Financial Planning

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Financial planners are borrowing techniques from psychologists to help clients get in touch with the often messy feelings behind their relationships with money.

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