Bloomberg KKR & Co agreed to pay $3.37 billion for a 20% stake in a Sempra Energy unit comprising the US company’s infrastructure assets, including a liquefied natural gas project and a Mexican renewables and pipelines operator. It’s the latest example of a broader push among US utilities eschewing diversification to focus on providing electricity and gas to homes and ...

A frightening second wave of Covid-19 has begun to sweep over the world’s second-biggest nation. Case numbers and deaths are spiking in India, threatening to overwhelm hospital systems; the financial capital Mumbai has re-imposed stringent lockdown rules. The government, which had earned global goodwill by exporting Indian-made vaccines to over 80 countries, is now holding back supplies for domestic use. ...

$68,750: That’s how much my husband and I will be paying in rent over the course of our two-year lease in New York City. It was startling to see the total amount on our agreement — this could buy a home (albeit a fixer upper) in some places in the US or constitute a hefty down payment in others. I ...