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Private-equity tricks mask mounting debt: ‘I’m 5 feet 8 inches, but I change the scale and make myself 6 feet 2 inches on a pro forma basi...

Bain Capital warned that the cutthroat race to win deals meant PE firms were taking on worrying levels of debt to pay higher and higher prices.
Virgin Group founder Sir Richard Branson.

Richard Branson reveals how his new adults-only cruise line, Virgin Voyages, will turn the cruise industry upside down

Richard Branson's adults-only cruise line, Virgin Voyages, is officially open for business. Tickets for its maiden voyage in April 2020 are on sale.

Hedge funds keep on imploding

Yet another multibillion-dollar fund croaks after shrinking and posting poor performance.