Latest News on private equities market

Google's self-driving sister, Waymo, gets first outside investors

Google's self-driving sister, Waymo, gets first outside investors

Waymo, the self-driving unit of Alphabet Inc , said on Monday it had raised $2.25 billion in its first external investment round and expects to add more outside investors.



6 years ago
Honda to cut production at Japanese plants on sourcing concerns

Honda to cut production at Japanese plants on sourcing concerns

Japan's Honda Motor Co Ltd said on Tuesday it will temporarily cut back local production due to difficulty in sourcing parts amid the coronavirus outbreak.



6 years ago
Trillium Asset calls for separation of J&J's CEO and chairman roles

Trillium Asset calls for separation of J&J's CEO and chairman roles

Trillium Asset Management LLC has called for the separation of Johnson & Johnson's chairman and chief executive officer roles, currently held by Alex Gorsky, according to a regulatory filing https://www.sec.gov/Archives/edgar/data/200406/000020040620000014/a2020jnjproxy.htm by the healthcare conglomerate on Monday.



6 years ago
Britain vows 'hard bargain' in list of demands for U.S. trade deal

Britain vows 'hard bargain' in list of demands for U.S. trade deal

Britain on Monday unveiled its mandate for trade talks with the United States, with Prime Minister Boris Johnson vowing to drive a hard bargain in negotiations that are set to test the two allies' "special relationship".



6 years ago
Novartis unit Sandoz agrees to pay $195 million to resolve antitrust charges

Novartis unit Sandoz agrees to pay $195 million to resolve antitrust charges

Novartis' generic drugs unit Sandoz has agreed to pay $195 million to reach a deferred prosecution agreement aimed at resolving antitrust charges, the Justice Department said on Monday.



6 years ago
White House set to meet with airline, cruise industry CEOs

White House set to meet with airline, cruise industry CEOs

The White House will hold meetings this week with top executives from U.S. airlines and the cruise industry amid the growing coronavirus outbreak, a spokeswoman for Vice President Mike Pence confirmed on Monday.



6 years ago
Recording Academy fires first female CEO, alleging misconduct

Recording Academy fires first female CEO, alleging misconduct

The organizers of the Grammy Awards said on Monday they fired the chief executive they had placed on administrative leave in January.



6 years ago
Oil up over 4% as hopes of OPEC cut, stimulus counter virus gloom

Oil up over 4% as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rose over 4% on Monday, reversing an early fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.



6 years ago
Amtrak names new CEO to head money-losing passenger railroad

Amtrak names new CEO to head money-losing passenger railroad

Amtrak said Monday it had tapped Atlas Air's chief executive to run the money-losing U.S. passenger railroad that has seen record traffic.



6 years ago
Advent/Cinven-led consortium to spend 'billions' on expanding Thyssenkrupp Elevator

Advent/Cinven-led consortium to spend 'billions' on expanding Thyssenkrupp Elevator

(This March 1 story has been refiled to show that the consortium is led by Advent and Cinven)



6 years ago
Big Data Promises Better Deals. But for Whom?

Big Data Promises Better Deals. But for Whom?

Wired | Gilad Edelman | Feb 28, 2020 Antitrust regulators say they’re interested in data-driven mergers. Intuit’s $7 billion deal to buy Credit Karma will show how serious they are. The announcement earlier this week that Intuit, the financial software giant, would be buying the personal finance company Credit Karma for $7 billion was striking.

6 years ago
Wharton's Jeremy Siegel sees a 'short, quick recession' due to the coronavirus

Wharton's Jeremy Siegel sees a 'short, quick recession' due to the coronavirus

"We could really have a short, quick recession," Wharton School finance professor Jeremy Siegel.

6 years ago
Gold has 'immunity' to coronavirus, Goldman says

Gold has 'immunity' to coronavirus, Goldman says

As the coronavirus outbreak continues to hammer stocks, Goldman Sachs said gold has immunity to the virus.

6 years ago
Amazon, Walmart, the Secret Battle for FinTech Supremacy: Part II

Amazon, Walmart, the Secret Battle for FinTech Supremacy: Part II

Highradius | Anuj Saxena | Flashback to June 2018 Digital to Physical, Physical to Digital and Customer Segments As Walmart rushes to become Amazon before Amazon can become Walmart, the impressive way Walmart has addressed the problem reminds me of a quote from Jim Collins in his bestseller “Good to Great”: “The good-to-great companies displayed two

6 years ago
Amazon's fight against $277 million EU tax order kicks off in court on Thursday

Amazon's fight against $277 million EU tax order kicks off in court on Thursday

Amazon will on Thursday seek to overturn an EU order to repay about 250 million euros ($277 million) in back taxes to Luxembourg at Europe's second-highest court, one of a series of high-profile cases marking the bloc's crackdown on unfair tax deals.



6 years ago