Bloomberg KKR & Co.’s leveraged buyout of Toys ‘R’ Us is coming under scrutiny by state pension funds that are questioning the private equity firm’s role in the bankruptcy of the world’s largest toy retailer. The Minnesota State Board of Investment decided to temporarily halt future commitments to KKR as it reviews the investment, while the Washington State Investment Board ...

Bloomberg Chanel Ltd., known for No. 5 perfume, little black dresses and financial secrecy, opened its books for the first time to reveal almost $10 billion in sales last year — a level that rivals luxury leader Louis Vuitton. It also reveals a vastly larger fortune for the two brothers that own the luxury giant than prior estimates. Alain and ...

Bloomberg Boeing Co. and the US Air Force anticipate delivery in October of the first KC-46 aerial refuelling tanker, settling a disagreement over timing for the much-delayed $44.3 billion programme, according to the service’s No. 2 civilian official. The new schedule is two months earlier than the Air Force had projected. Undersecretary Matthew Donovan called it “aggressive but achievable” in ...