Latest News on private equities market

Factbox: How NBCUniversal's Peacock streaming service likely stacks up against others

Comcast Corp's NBCUniversal will provide details on its planned Peacock video streaming service on Thursday, taking on industry leader Netflix Inc and others in the highly competitive field.



5 years ago

BNY Mellon profit surges 67% on one-time gain

Bank of New York Mellon Corp , the world's largest custodian bank, reported a 67% jump in quarterly profit on Thursday, helped by a one-time gain from the sale of an unspecified equity investment.



5 years ago

PSA Group 2019 sales slump 10% after record 2018

French carmaker PSA Group said on Thursday global sales fell 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it suffered from declining volumes in China, the Middle East and Africa.



5 years ago

Tesla says it plans to open China design and research center

U.S. electric car maker Tesla plans to open a design and research center in China to make "Chinese-style" vehicles, the company said in a recruitment notice on its official WeChat account.



5 years ago

Amazon's $1 billion investment in India no big favor: minister

Amazon hasn't done India any big favors by investing $1 billion in the country, its trade minister said on Thursday, laying bare the tensions with the U.S. online retail giant during a visit by its CEO Jeff Bezos.



5 years ago

Morgan Stanley shares jump 6% after massive beat on fourth-quarter profit

CEO James Gorman said that Morgan Stanley met all of the bank's performance targets.

5 years ago

Here are the 5 best states for retirees in 2020

Personal finance website WalletHub is out with yet another list of the best states in which to spend your retirement. Here's what you need to know about competing "best of" lists when it comes to retirement.

5 years ago

You can still win the Powerball jackpot. But it won't mean $321 million in your bank account

While the odds are stacked against hitting the Powerball jackpot — your chance is about 1 in 302 million — the IRS always gets a hefty piece of large lottery prizes.

5 years ago

Facebook is banning deepfake videos

Vox Recode | Shirin Ghaffary | Jan 7, 2020 Facebook’s new rules will still allow controversial fake videos like the one of Nancy Pelosi that made her appear to be drunk. Facebook announced late Monday that it would ban “deepfakes,” which are AI-manipulated videos that distort reality, often simulating real people in fake situations. The

5 years ago

Southwest extends 737 MAX cancellations through June 6

Southwest Airlines Co said on Thursday it is extending cancellations of Boeing Co 737 MAX flights until June 6, citing the planemaker's decision to recommend pilot simulator training before resuming flights and uncertainty about when regulators will approve their return to service.



5 years ago

Wall St set for fresh highs on trade deal, Morgan Stanley earnings

U.S. stocks were poised to open at record highs on Thursday, after the United States and China signed an initial trade agreement and Morgan Stanley wrapped up big bank earnings on a strong note.



5 years ago

Hot data keeps stocks up after trade deal

World stocks held near record highs on Thursday as some encouraging U.S. data ensured there was no post U.S.-China trade deal hangover for global markets.



5 years ago

Morgan Stanley shares soar after Gorman boosts performance targets

Morgan Stanley lifted its performance goals on Thursday after beating Wall Street estimates by a wide margin, the latest sign that Chief Executive James Gorman's strategic vision for the bank is bearing fruit.



5 years ago

During Bezos visit, India minister says Amazon's $1 billion investment is no big favour

Amazon hasn't done India any big favours by announcing a new $1 billion investment, its trade minister said on Thursday, laying bare tensions with the U.S. online retail giant during a visit to the country by its CEO Jeff Bezos.



5 years ago

Volkswagen CEO says carmaker faces same fate as Nokia without urgent reforms

Volkswagen Chief Executive Herbert Diess said the German carmaker needs to accelerate its transformation to avoid becoming another Nokia , which lost its dominance in the handset market to Apple .



5 years ago