Attempts to tie First Brands and Tricolor bankruptcies to private credit are fake news, says largest private investment firm.

It would have seemed almost unthinkable for most private credit managers just a few years ago: Updating the value of their portfolios on a monthly basis.

South Carolina's state-owned utility is looking to a private company to revive a project to build two nuclear power plants that was abandoned eight years ago, losing more than $9 billion without generating a watt of power.

U.S. banks' loans to private credit providers have surged to nearly $300 billion, Moody's said in a report on Tuesday, and the ratings agency warned that smaller lenders could face heightened risks if underwriting standards weaken.

Lenders including Pemberton Asset Management, Blue Owl Capital Inc. and Hayfin Capital Management are taking over struggling telecoms supplier Netceed through a debt-for-equity swap.

Payroll processing firm ADP ended its data-sharing with the central bank after a speech highlighted the already-public collaboration.

Erie Moore, a retired millworker and father of three, died in 2015, a month after guards slammed him headfirst to the floor at the Richwood Correctional Center, lawyers for his family said.

A painting by Spanish artist Pablo Picasso, believed to be depicting his muse and partner Dora Maar, fetched 27 million euros ($31.49 million) at a Paris auction on Friday. The work, titled "Bust of a Woman with a Flowered Hat (Dora Maar) 1943",

A major German private art collection accumulated over four generations is going on large-scale show for the first time in Berlin.

Public markets no longer strictly seek the highest and best use of capital. Instead, they reward large-index constituents with a lower cost of capital.