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![Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights](http://www.nasdaqpicks.com/wp-content/uploads/2023/08/Pratt-amp-Whitney-Engine-Problems-Lead-Airlines-to-Reduce-Some-400x400.jpeg)
Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights
- By nasdaqpicks.com
- . 6 August 2023
The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. Source link
![Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion](http://www.nasdaqpicks.com/wp-content/uploads/2023/08/Private-Equity-Firm-KKR-in-Advanced-Talks-to-Buy-Simon-amp-400x400.jpeg)
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
- By nasdaqpicks.com
- . 4 August 2023
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link
![New Definition of 'Fraud' Wipes Out High-Profile Prosecutions](http://www.nasdaqpicks.com/wp-content/uploads/2023/08/New-Definition-of-039Fraud039-Wipes-Out-High-Profile-Prosecutions-400x400.jpeg)
New Definition of 'Fraud' Wipes Out High-Profile Prosecutions
- By nasdaqpicks.com
- . 3 August 2023
Fraud doesn’t mean what it used to—and several high-profile federal prosecutions are falling apart as courts apply the Supreme Court’s more-narrow legal definition. Source link
![Private Equity, Hedge Funds Brace for Coming SEC Overhaul](http://www.nasdaqpicks.com/wp-content/uploads/2023/08/Private-Equity-Hedge-Funds-Brace-for-Coming-SEC-Overhaul-400x400.jpeg)
Private Equity, Hedge Funds Brace for Coming SEC Overhaul
- By nasdaqpicks.com
- . 2 August 2023
Regulators could adopt new rules for firms such as Blackstone and Millennium as soon as this month. Source link
![Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease](http://www.nasdaqpicks.com/wp-content/uploads/2023/08/Venture-Capitalist-Seeks-to-Spur-Drug-Development-for-Rare-Autoimmune-400x400.jpeg)
Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease
- By nasdaqpicks.com
- . 1 August 2023
Venture capitalist Luke Evnin has financed several successful biotechnology startups that develop treatments for cancer. Now he is encouraging drugmakers to tackle another disease: a rare autoimmune condition that
![Walmart Pays $1.4 Billion to Boost Flipkart Stake](http://www.nasdaqpicks.com/wp-content/uploads/2023/07/Walmart-Pays-14-Billion-to-Boost-Flipkart-Stake-400x400.jpeg)
Walmart Pays $1.4 Billion to Boost Flipkart Stake
- By nasdaqpicks.com
- . 31 July 2023
The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link
![$2 Billion Default Followed Warnings to Everyone but Investors](http://www.nasdaqpicks.com/wp-content/uploads/2023/07/2-Billion-Default-Followed-Warnings-to-Everyone-but-Investors-400x400.jpeg)
$2 Billion Default Followed Warnings to Everyone but Investors
- By nasdaqpicks.com
- . 28 July 2023
Beneficient executives and board directors headed for the exits over signs of trouble—long before a financial blowup that is now under investigation by the SEC
![Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims](http://www.nasdaqpicks.com/wp-content/uploads/2023/07/Hedge-Funds-Seek-to-Cut-Off-1-Billion-Meant-for-400x400.jpeg)
Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims
- By nasdaqpicks.com
- . 26 July 2023
Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids. Source link
![Union Pacific Picks New CEO](http://www.nasdaqpicks.com/wp-content/uploads/2023/07/Union-Pacific-Picks-New-CEO-400x400.jpeg)
Union Pacific Picks New CEO
- By nasdaqpicks.com
- . 26 July 2023
The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. Source link
![KKR to Sell Audiobook Publisher RBmedia](http://www.nasdaqpicks.com/wp-content/uploads/2023/07/KKR-to-Sell-Audiobook-Publisher-RBmedia-400x400.jpeg)
KKR to Sell Audiobook Publisher RBmedia
- By nasdaqpicks.com
- . 25 July 2023
H.I.G. plans to pay more than $1 billion for the company, including debt, according to people familiar with the situation. Source link