Private equity giant KKR is buying Philadelphia-based broker-dealer Janney Montgomery Scott LLC. Janney, which dates to 1832, operates as a full-service wealth management, investment banking, and asset management firm. KKR announced Tuesday that it will acquire the firm from The Penn Mutual Life Insurance Company, its owner since 1982. After the deal closes, Janney, which
The Chicago Public Schools board of education unanimously approved the $9.9 billion fiscal 2025 budget Thursday. The vote came on the heels of a report from the Civic Federation of Chicago, a nonprofit fiscal watchdog, that warned the budget “presents a temporary solution to a long-term structural financial problem.” The budget represents an increase of
BMW is recalling more than 291,000 SUVs in the US because the interior cargo rails can detach in a crash, increasing the risk of injury. The recall covers certain X3 SUVs from the 2018 through 2023 model years. The company says in documents posted by US safety regulators that dealers will replace the rear cargo rail bolts
hold the caffeine — A chemist explains the chemistry behind decafcoffee Three methods strive to retain the bean’s flavor while removing its caffeine. Michael W. Crowder, The Conversation – Jul 25, 2024 11:07 am UTC Enlargematusgajdos17 / 500px via Getty Images reader comments 4 For many people, the aroma of freshly brewed coffee is the
close video Kamala Harris owns the record as much as Biden does: York Fox News contributor Byron York joins “The Big Money Show” to discuss Vice President Harris touting her record since President Biden dropped out of the 2024 presidential race. President Biden's decision on Sunday to drop out of the presidential race and Vice
BMW is recalling more than 291,000 SUVs in the US because the interior cargo rails can detach in a crash, increasing the risk of injury. The recall covers certain X3 SUVs from the 2018 through 2023 model years. The company says in documents posted by US safety regulators that dealers will replace the rear cargo rail bolts
hold the caffeine — A chemist explains the chemistry behind decafcoffee Three methods strive to retain the bean’s flavor while removing its caffeine. Michael W. Crowder, The Conversation – Jul 25, 2024 11:07 am UTC Enlargematusgajdos17 / 500px via Getty Images reader comments 4 For many people, the aroma of freshly brewed coffee is the
close video Kamala Harris owns the record as much as Biden does: York Fox News contributor Byron York joins “The Big Money Show” to discuss Vice President Harris touting her record since President Biden dropped out of the 2024 presidential race. President Biden's decision on Sunday to drop out of the presidential race and Vice
Standard Digital Weekend Print + Standard Digital wasnow $39 per month Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set
Municipals were mixed Thursday, while U.S. Treasuries were firmer five years and out and equities ended mixed after data showed the economy grew at a hotter-than-expected pace in the second quarter. “News that U.S. economic growth accelerated faster than expected in the second quarter has sent market participants on a roller-coaster ride,” said José Torres,
A coalition organized by New York City Comptroller Brad Lander has filed three lawsuits to allow the launch of congestion pricing. Lander and his allies hope the lawsuits will force the defendants — New York Gov. Kathy Hochul, state Department of Transportation Commissioner Marie Therese Dominguez, and the Metropolitan Transportation Authority — to begin the
US Vice President Kamala Harris speaks on the South Lawn of the White House in Washington, DC, US, on Monday, July 22, 2024. Ting Shen | Bloomberg | Getty Images As she is poised to be the Democratic nominee for president, it remains to be seen how much Vice President Kamala Harris’ policies will mirror
BMW is recalling more than 291,000 SUVs in the US because the interior cargo rails can detach in a crash, increasing the risk of injury. The recall covers certain X3 SUVs from the 2018 through 2023 model years. The company says in documents posted by US safety regulators that dealers will replace the rear cargo rail bolts
hold the caffeine — A chemist explains the chemistry behind decafcoffee Three methods strive to retain the bean’s flavor while removing its caffeine. Michael W. Crowder, The Conversation – Jul 25, 2024 11:07 am UTC Enlargematusgajdos17 / 500px via Getty Images reader comments 4 For many people, the aroma of freshly brewed coffee is the
close video Kamala Harris owns the record as much as Biden does: York Fox News contributor Byron York joins “The Big Money Show” to discuss Vice President Harris touting her record since President Biden dropped out of the 2024 presidential race. President Biden's decision on Sunday to drop out of the presidential race and Vice
In Washington, D.C., organizers expect tens of thousands of protesters to march on Capitol Hill today as Israeli Prime Minister Benjamin Netanyahu addresses a joint session of Congress. Demonstrators are demanding an end to U.S. support for Israel’s war on Gaza and for Netanyahu to be arrested and tried for war crimes and crimes against
Happy birthday? — Not a bluffNASAs budget would shut down long-lived Chandra telescope Chandra almost didn’t make it to orbit on a dramatic launch of space shuttle Columbia 25 years go. Stephen Clark – Jul 24, 2024 9:50 pm UTC Enlarge / Artist’s illustration of the Chandra X-ray Observatory.NASA/MSFC reader comments 91 NASA launched the
close video Biden’s quick departure reminiscent of this death from the ‘Godfather’: Dick Grasso Former NYSE Chairman and CEO Dick Grasso unpacks recent 2024 election developments, Kamala Harris’ policy record and its impact on markets. After quickly securing her role as the Democratic presidential candidate after Biden’s ousting, former NYSE CEO Dick Grasso is comparing
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