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.
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.
More than 600 people came out to Southern New Hampshire University on May 30 for a WRKO Town Hall with Republican presidential candidate Ted Cruz. Cruz discussed everything from Obamacare to immigration to ISIS, and much more. Relive the event with the audio, photos and video below.