KKR eyes multibillion-dollar sale of CoolIT Systems: report

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Private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people familiar with the matter. A potential sale of CoolIT was in the preliminary stage and there were no guarantees that it would result in a […]


Scott Bessent eyes ‘top cop’ for Treasury to crack down on shady nonprofits

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Treasury Secretary Scott Bessent is looking to recruit a new “top cop” to police nonprofits that “use and abuse” their charity status to dodge taxes, The Post has learned. Bessent wants to appoint a new senior official at the Treasury Department to scrutinize the finances of charities that engage in excessive political activities, lobbying, or […]


Jeep eyes U.S. comeback following yearslong sales troubles

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2025 Jeep Cherokee SUV Stellantis AUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story. It’s a mantra that’s reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on […]


Trump moving closer to decision on making weed less criminal in eyes of federal government: sources

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It isn’t quite the ruckus involving the Jeffrey Epstein docs, but there is a quieter, more important conflict inside Trump world over weed — namely whether the president should legalize it and just how legal it should be, The Post has learned And according to my sources, Trump is in a compromising mood. He appears […]


Amazon eyes global expansion for its Temu, Shein competitor

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Amazon is looking to expand its competitor to Temu and Shein beyond the U.S. The company intends to launch its discount storefront, called Haul, in Europe later this year, according to two people familiar with the matter who asked not to be named because the plans are confidential. Recent job postings indicate Amazon is eyeing […]


Dow hits worst streak in more than 40 years as Fed eyes slower rate cuts in 2025 with incoming Trump admin

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The Dow Jones Industrial Average slid to its worst losing streak in more than four decades as investor hopes that the Federal Reserve will aggressively cut interest rates next year continued to diminish. The central bankers wrap up their last two-day meeting of the year Wednesday, when they are widely expected to announce another quarter-point […]


Donald Trump ‘eyes deal’ for Waldorf Astoria DC hotel

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President-elect Donald Trump is weighing a bid to save the failing Waldorf-Astoria hotel in Washington, DC – and rebrand it once more as a Trump International Hotel, The Post has learned. Three sources familiar with the situation said that the incoming commander-in-chief’s company, the Trump Organization, is weighing options that include a licensing deal or […]


Boeing reportedly eyes exiting space race by selling off business with NASA

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Houston, Boeing has a problem! The embattled aerospace giant — which helped put the first man on the moon — is exploring the sale of some parts of its NASA business, the Wall Street Journal reported on Friday, citing people familiar with the matter. The sale, which is in the early stages and might not […]