Billionaire KKR cofounders say ’emotional intelligence’ should be a focus for young investors

Cousins and billionaires Henry Kravis and George Roberts spoke at Milken.  When they started KKR nearly 50 years ago, George Roberts and Henry Kravis loved taking meetings, even if their ideas didn’t land a majority of the time. Now, the private equity billionaires don’t see young people putting themselves out there as they once did,…

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10 vintage photos show how the Black Monday stock market crash unfolded

The market crash remains the worst one-day financial crisis in history. President Donald Trump’s tariff announcements have shaken up financial markets in recent weeks. For some, this economic instability has brought to mind past financial crises, like the Great Recession, the Great Depression, and the October 19, 1987, crisis known as Black Monday. On Black…

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195,000 student-loan borrowers in default have only 30 days before a portion of their federal benefits might be seized, Trump’s Education Department says

President Donald Trump restarted involuntary collections on defaulted student loans. Thousands of student-loan borrowers in default could begin losing some of their federal benefits this summer. On Monday, President Donald Trump’s administration officially restarted involuntary collections on defaulted student-loan borrowers’ debt. After a five-year pause that began during the early COVID-19 pandemic in Trump’s first…

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This 400-foot electric ferry is powered by 275 tons of batteries. Its manufacturer calls it a ‘giant leap forward’ for shipping.

Australian shipbuilder Incat launched Hull 096 from Hobart, Tasmania. An Australian shipbuilder has launched the world’s largest fully electric ship, marking a turning point for clean maritime transport. Incat, a Tasmania-based manufacturer, said the 400-foot-long Hull 096 vessel — the biggest electric vehicle ever built — runs entirely on battery power. Built for South American…

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China’s neighbors are cracking down on exporters trying to dodge tariffs with fake labels

China’s neighbours have been cracking down on counterfeit “country of origin” labels. South Korea, Thailand, and Vietnam are cracking down on methods used by Chinese exporters to avoid President Donald Trump’s high tariffs. A growing tactic used by some Chinese exporters is to ship products through neighbouring countries to falsely claim the goods are not…

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Unicorn enterprise startup Sentry is acquiring Emerge Tools, a YC-backed suite of mobile app developer tools that counts OpenAI as a customer

Josh Cohenzadeh and Noah Martin have been building startups together since they were young teenagers and co-founded Emerge Tools in 2020. Wall Street’s recent volatility has spooked some founders and investors, but deals are still getting done — and for a lucky few, that means an exit. Sentry, a late-stage, enterprise tech unicorn that provides…

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Elon Musk’s X is looking for a PR pro to boost its image

Elon Musk’s X wants to hire a public relations leader. Help wanted: X is looking for a PR guru to boost its reputation. Since Elon Musk bought the platform, formerly called Twitter, its relationship with advertisers and reporters has been fraught. X is now looking for a communications leader to help improve its relationship with…

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