Tag: Blackstone Group, The

Private Equity Is Gutting America — and Getting Away With It

Private equity firms make loads of money when their schemes succeed and lose very little when they fail.

Stress Builds as Office Building Owners and Lenders Haggle Over Debt

The health of banks and cities and the nation’s economy could hinge on high-stakes negotiations over commercial real estate loans.

Big Donors Like Steve Schwarzman Back Away From Donald Trump

Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.

Clean Energy Tax Break Draws Scrutiny of Natural Gas Plan in New Mexico

A defunct New Mexico coal plant would be revamped with the help of subsidies authorized by the new climate legislation, but a plan to rely on natural gas converted into hydrogen has generated criticism.