Billionaire Trump Ally Emerges as Key Broker in Harvard Fight

Stephen A. Schwarzman, the leader of the Blackstone Group, one of the world’s largest investment firms, has taken a direct role in Harvard’s negotiations with the White House.

News
How Wall Street’s Big Bets on A.I. Are Driving Interest in Huge Parking Lots

J.P. Morgan, Blackstone and other financial giants are buying “industrial outdoor storage,” sites vital to logistics, trade and the construction of data centers.

News
Amid Drought, Some U.K. Residents Fume as Blackstone C.E.O. Fills Private Lake

A local water company said tankers of its water would no longer be sent to the American billionaire’s estate to fill his lake.

News
India, Once America’s Counterweight to China, Is Now Facing Trump’s Wrath

With threats of tariffs up to 50 percent, President Trump seems to be scrapping America’s plan to turn India into a counterweight to China, declaring instead that it is a “dead economy.”

News
OpenAI Raises Another Funding Deal, From Dragoneer, Blackstone and More

The venture capital round values the ChatGPT maker at $300 billion, and underscores the fierceness of the A.I. money race.

News
Gunman Fatally Shoots Officer and 3 Others in Midtown Office Tower

The gunman, armed with an assault rifle, walked into the lobby and killed a police officer and two others. He killed another person on the 33rd floor before turning his gun on himself.

News
Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom

Consumer groups say proposals by BlackRock and Blackstone to buy energy companies in Minnesota, New Mexico and Texas could hurt residents.

News
Trump Hails $90 Billion in AI Infrastructure Investments at Pennsylvania Summit

Trump administration officials say winning the artificial intelligence race with China is a top priority.

News
Are A.I. Data Centers a Sure Thing or the Next Real Estate Bubble?

Private equity firms like Blackstone are using their clients’ money to buy and build data centers to fuel the artificial intelligence boom.

News