Latest News on private equities market

Electric dream: Britain to ban new petrol and hybrid cars from 2035

Britain will ban the sale of new petrol, diesel and hybrid cars from 2035, five years earlier than planned, in an attempt to reduce air pollution that could herald the end of over a century of reliance on the internal combustion engine.



5 years ago

Ralph Lauren closes half of China stores on coronavirus outbreak

Ralph Lauren Corp said on Tuesday it has shut about half of its 110 stores in China due to the coronavirus outbreak, which has so far killed over 420 people.



5 years ago

Stocks surge, oil rebounds on China virus efforts

Crude oil prices rebounded and global equity markets surged on Tuesday as China's efforts to minimize the economic impact from the coronavirus epidemic spurred investors' risk appetite.



5 years ago

U.S. Federal Reserve bars Goldman Sachs executive from industry for role in 1MDB scandal

The U.S. Federal Reserve announced Tuesday it had permanently barred Goldman Sachs executive Andrea Vella from the banking industry for his role in Malaysia's 1MDB scandal.



5 years ago

Hyundai to halt South Korea output as China virus disrupts parts supply

Hyundai Motor will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.



5 years ago

Ups and downs: the battle to buy Thyssenkrupp's elevator unit

Finland's Kone and private equity firms are battling to buy ThyssenKrupp's prized elevator division worth more than 15 billion euros ($16.6 billion), a deal which would be Europe's biggest private equity deal in 13 years.



5 years ago

Tesla is jumping yet again, soaring as much as 20% following a 19% surge on Monday

The surge comes a day after Tesla stock climbed nearly 20%, its biggest one-day gain in six years.

5 years ago

Near retirement? Avoid these 3 hiccups with your health savings account

If you've been a diligent saver, you've been stashing money into your health savings account to help cover those medical costs in retirement. Here are three things you should know if you're approaching your 60s and have an HSA.

5 years ago

Top LA real estate agent's $1 million mistake is now his biggest lesson for aspiring entrepreneurs

Aaron Kirman is among America's top real estate agents, but he once made a mistake that cost him $1 million. Now his fumble is his biggest lesson for budding entrepreneurs.

5 years ago

Ralph Lauren holiday margin gets boost from higher prices for winter wear

Higher prices for Ralph Lauren Corp's down jackets and fleeces during the crucial holiday season boosted its margin and helped the company beat quarterly profit estimates on Tuesday, sending the fashion house's shares up over 8%.



5 years ago

ConocoPhillips misses profit estimates, boosts share buyback by $10 billion

ConocoPhillips boosted its share buyback program by $10 billion on Tuesday even as lower oil and gas prices continued to batter the world's largest independent oil and gas producer's profit.



5 years ago

Google parent Alphabet loses trillion-dollar status after revenue miss

Alphabet Inc shares fell 4% on Tuesday after the search giant posted its first holiday-quarter revenue miss in five years, even as new disclosures on the company's smaller YouTube unit were warmly welcomed by Wall Street.



5 years ago

Tesla draws comparisons to past speculative bubbles: 'Stock is going to get absolutely clobbered'

Some investors believe Tesla has ballooned to levels unjustified by its fundamentals.

5 years ago

Bombardier in talks to sell business-jet unit to Textron: WSJ

Canada's Bombardier Inc is in talks to sell its business-jet unit to U.S. maker of Cessna jets, Textron Inc , the Wall Street Journal reported https://www.wsj.com/articles/bombardier-in-talks-to-sell-business-jet-unit-to-textron-11580835712?mod=searchresults&page=1&pos=2, citing people familiar with the matter.



5 years ago

Gig work balloons over past decade — as do the financial worries

The share of workers in the gig economy has grown 15% among American businesses since 2010, and some experts worry about the financial challenges this trend presents.

5 years ago