KKR Founder Jerome Kohlberg Dies

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Jerome Kohlberg, a co-founder of private-equity giant KKR & Co. and an architect of the industry’s leveraged-buyout model, has died. He was 90.

KKR Founder Jerome Kohlberg Dies

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Jerome Kohlberg, a co-founder of private-equity giant KKR & Co. and an architect of the industry’s leveraged-buyout model, has died. He was 90.

Ice-Cream Recall Sends Chill Through Food Industry

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As Blue Bell Creameries prepares to resume production of its ice cream after a sweeping recall, its mistakes are fueling broader rethinking of how to keep ice cream and other foods free of deadly bacteria.

Verizon Workers Still on Job Despite Missed Deadline

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Verizon Communications Inc. missed its midnight deadline to secure a deal with more than 37,000 union employees, but the unions said employees will keep working without a contract while talks continue.

Crumbling Roads Put a Dent in Drivers' Wallets

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The deteriorating state of the nation’s highways is adding to auto maintenance costs across the country.

Verizon in Union Negotiations to Avert a Strike

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Verizon Communications Inc. is in negotiations with unions covering more than 37,000 of its employees to reach a new contract ahead of a Saturday night deadline and avert a strike.

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.

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.

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.

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