Latest News on private equities market

U.S. judge orders temporary halt to Microsoft's work on Pentagon's JEDI contract

U.S. judge orders temporary halt to Microsoft's work on Pentagon's JEDI contract

A U.S. judge on Thursday granted Amazon.com Inc's request for a preliminary injunction to pause the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal.



6 years ago
Emerson says it will not pursue a break-up following review

Emerson says it will not pursue a break-up following review

Emerson Electric Co told investors on Thursday it would not pursue a break-up following a review it launched last year that examined whether it should separate its industrial automation operations from its air-conditioning business.



6 years ago
S&P 500, Nasdaq turn positive amid mixed coronavirus news

S&P 500, Nasdaq turn positive amid mixed coronavirus news

The S&P 500 reversed its losses on Thursday as investors weighed mixed news on the coronavirus and a spate of corporate earnings.



6 years ago
Here are the winners and losers of the Trump tax cuts

Here are the winners and losers of the Trump tax cuts

Here's who won and lost after the 2018 tax overhaul and how to determine which camp you're in. If you're judging it by the size of your refund, you're doing it wrong.

6 years ago
U.S. adds new charges to its case against Huawei

U.S. adds new charges to its case against Huawei

The U.S. government on Thursday added fresh charges to its case against Chinese smartphone maker Huawei Technologies Co that has angered China and hurt U.S.-Chinese diplomatic relations.



6 years ago
Trump Fed nominee Shelton apologizes for likening currency forger to Rosa Parks

Trump Fed nominee Shelton apologizes for likening currency forger to Rosa Parks

Federal Reserve board nominee Judy Shelton on Thursday apologized for having likened a convicted currency counterfeiter to U.S. civil rights icon Rosa Parks in an unusual exchange with a lawmaker weighing her appointment to the central bank.



6 years ago
Tesla shares rise, reversing early losses following $2 billion stock offering

Tesla shares rise, reversing early losses following $2 billion stock offering

Tesla will offer $2 billion of common stock, with CEO Elon Musk and board member Larry Ellison each buying shares.

6 years ago
Judge grants Amazon bid to pause Microsoft's Pentagon contract work

Judge grants Amazon bid to pause Microsoft's Pentagon contract work

A U.S. judge on Thursday granted Amazon.com Inc's request to temporarily halt the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal.



6 years ago
U.S. accuses Huawei of stealing trade secrets, dealing with North Korea

U.S. accuses Huawei of stealing trade secrets, dealing with North Korea

U.S. prosecutors on Thursday added trade secret theft charges to their bank fraud case against Chinese smartphone maker Huawei Technologies Co, further escalating the U.S. battle with the world's largest telecommunications equipment maker.



6 years ago
U.S. gives Huawei another 45 days to buy from American suppliers

U.S. gives Huawei another 45 days to buy from American suppliers

The Trump administration on Monday issued a 45-day extension allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd.



6 years ago
Walmart's Mexico unit posts 4.5% drop in net profit

Walmart's Mexico unit posts 4.5% drop in net profit

Walmart de Mexico, Mexico's largest retailer, on Thursday reported fourth quarter net profit of 11.2 billion pesos ($594.7 million), a 4.5% drop over the same period last year.



6 years ago
Asian shares tick up, aim for second week of gains amid virus scare

Asian shares tick up, aim for second week of gains amid virus scare

Asian shares edged up on Friday, on course to post the second straight week of gains, helped by hopes governments will make provisions to soften the impact on their economies from the coronavirus epidemic.



6 years ago
Tesla to recall 3,183 Model X vehicles in China: market regulator

Tesla to recall 3,183 Model X vehicles in China: market regulator

Tesla Inc will recall 3,183 Model X vehicles in China, because of a potential issue that could make steering harder and increase the risk of a crash, according to the country's market regulator.



6 years ago
Oil prices stabilize, set for weekly gain on hopes for supply cut

Oil prices stabilize, set for weekly gain on hopes for supply cut

Oil prices were steady on Friday, but set for their first weekly gain in six weeks on the assumption that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic.



6 years ago
Google's fight against EU antitrust fine comes up against critical judge

Google's fight against EU antitrust fine comes up against critical judge

Google's battle against a $2.6 billion EU antitrust fine was dealt an apparent setback on Thursday, when one of the judges hearing the case said the company had committed a "clear infraction" in its handling of price-comparison shopping services.



6 years ago