Latest News on private equities market

U.S. Supreme Court rebuffs investors' bid to block Madoff trustee lawsuits

U.S. Supreme Court rebuffs investors' bid to block Madoff trustee lawsuits

The U.S. Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries Inc to prevent a trustee chasing money for victims of imprisoned Ponzi scheme swindler Bernard Madoff from recouping funds that were transferred overseas.



6 years ago
Facebook's Zuckerberg faces employee blowback over ruling on Trump comments

Facebook's Zuckerberg faces employee blowback over ruling on Trump comments

Facebook employees critical of CEO Mark Zuckerberg's decision not to remove an inflammatory comment from U.S. President Donald Trump took their dissent public over the weekend on Twitter, praising the rival social media firm for taking action and rebuking their own employer.



6 years ago
Eli Lilly starts human study of potential COVID-19 antibody treatment

Eli Lilly starts human study of potential COVID-19 antibody treatment

Eli Lilly and Co said on Monday it had started an early-stage trial to test its potential treatment for COVID-19, in the world's first study of an antibody treatment against the disease.



6 years ago
Stock futures steady amid U.S. protests, simmering China tensions

Stock futures steady amid U.S. protests, simmering China tensions

Futures tracking the S&P 500 index were trading flat on Monday following a strong showing in May, as investors turned cautious after protests erupted across the country over race, and simmering tensions between Washington and Beijing heated up.



6 years ago
China tells state firms to halt purchases of major U.S. farm products: sources

China tells state firms to halt purchases of major U.S. farm products: sources

China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing.



6 years ago
Coty appoints Chairman Harf as CEO to lead turnaround

Coty appoints Chairman Harf as CEO to lead turnaround

Coty Inc on Monday appointed its Chairman and top investor JAB Holdings executive Peter Harf to the role of chief executive officer, as the cosmetics maker tries to revive sales and steer through the coronavirus crisis.



6 years ago
Op-Ed: Here's some career advice for college graduates during these very uncertain times

Op-Ed: Here's some career advice for college graduates during these very uncertain times

In order to manage the uncertainty that lies ahead, make the best-informed choices you can, monitor the results of those choices and adjust your plans as necessary. This will help give you a sense of control over your own life.

6 years ago
Spanish telecom operator MasMovil agrees $3.3 billion private equity bid

Spanish telecom operator MasMovil agrees $3.3 billion private equity bid

KKR , Cinven and Providence said on Monday they had made an agreed 2.96 billion euro ($3.3 billion) bid for Spanish telecoms operator MasMovil .



6 years ago
China asks state firms to halt purchases of U.S. soybeans, pork, say sources

China asks state firms to halt purchases of U.S. soybeans, pork, say sources

China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special U.S. treatment for Hong Kong to punish Beijing.



6 years ago
Construction spending falls less than expected

Construction spending falls less than expected

U.S. construction spending fell less than expected in April even as other sectors of the economy buckle under the COVID-19 crisis.



6 years ago
It's college decision day — here's where students stand

It's college decision day — here's where students stand

After being pushed back from May, amid extreme global uncertainty, June 1 is National College Decision Day, the deadline for high school seniors to choose which college they will attend in September.

6 years ago
World equities edge higher despite U.S.-China tensions

World equities edge higher despite U.S.-China tensions

World stocks hovered near three-month highs and safe-haven government bonds inched lower as signs that Europe's economic downturn has bottomed boosted risk appetite, despite worries over violent protests in the United States and unease over Washington's standoff with Beijing.



6 years ago
Pfizer declines about 8% after setback to breast cancer treatment

Pfizer declines about 8% after setback to breast cancer treatment

Shares of Pfizer Inc fell nearly 8% on Monday after an independent data monitoring committee determined the drugmaker's breast cancer treatment was unlikely to meet the main goal of a late-stage study.



6 years ago
Embraer says China, India are potential partners after failed Boeing deal

Embraer says China, India are potential partners after failed Boeing deal

Brazil's Embraer SA said on Monday that China and India could be potential new partners, following a Reuters report last week that said those two countries as well as Russia were interested in the planemaker's commercial jets division.



6 years ago
Nasdaq postpones Philadelphia trading floor reopening due to protests

Nasdaq postpones Philadelphia trading floor reopening due to protests

Nasdaq Inc said it postponed Monday's planned reopening of its PHLX options trading floor in Philadelphia, which had been closed because of the coronavirus pandemic, due to the demonstrations over the death of a black man, George Floyd, in police custody.



6 years ago