More business headlines

KKR makes formal approach to Walgreens Boots on record buyout

KKR & Co. has formally approached drugstore giant Walgreens Boots Alliance Inc. about a deal to take the company private, in what could be the biggest-ever leveraged buyout, people familiar with the matter said.

Alibaba says Singles Day in China was another hit

The planet’s biggest shopping day has come and gone, and Alibaba, the Chinese e-commerce behemoth again showed the world how many mountains of stuff it could persuade people to buy in the 24 hours.

As Harvard narrows bidders for Allston land, a focus on housing emerges

The three development teams that just made the finals in Harvard’s Great Allston Chase may be quite different. But they share one important trait: All three want more housing.

Boston data backup company Carbonite sold for $1.42b

Founded in 2005, Carbonite was among the first companies to offer consumers an easy way to back up their personal computers by storing the data in the Internet cloud.

Apple Card’s sex-bias claims look familiar to old-school banks

The increasing use of algorithms in lending decisions has sharpened the debate about “disparate impact” — whether models are only entrenching discrimination that algorithm-driven lending is meant to stamp out.

Busisiness agenda

A pitch competition, a workshop on operating a business with a shoestring budget, and other events and things to know.

Uber CEO walks back comment calling Jamal Khashoggi’s murder a ‘mistake’

Uber CEO Dara Khosrowshahi is being criticized for calling the murder of a Washington Post columnist “a mistake” and comparing it to the death of a pedestrian struck by one of the company’s autonomous vehicles.

Amazon plans to launch a new supermarket brand separate from Whole Foods

Amazon plans to launch a new supermarket brand distinct from Whole Foods, a sign of the retail giant’s hunger for a slice of the grocery market beyond high-end organic food.