Latest News on private equities market

BlackRock takes middle ground on shareholder resolution reforms

BlackRock takes middle ground on shareholder resolution reforms

BlackRock Inc cited the value and costs of shareholder proposals in a letter to regulators weighing reforms to the proxy process, taking a middle ground in a hotly contested rulemaking process.



6 years ago
Software update to address 737 MAX indicator light issue will not delay return schedule - Boeing

Software update to address 737 MAX indicator light issue will not delay return schedule - Boeing

Boeing Co said Thursday that a new software update to address an indicator light issue on the grounded 737 MAX will not impact its mid-2020 estimate for the plane's return to service.



6 years ago
Wall Street up for fourth day as China moves to limit coronavirus impact

Wall Street up for fourth day as China moves to limit coronavirus impact

U.S. stocks rose for a fourth straight session on Thursday on China's efforts to contain the economic fallout from the coronavirus outbreak, while investors assessed a mixed batch of corporate earnings.



6 years ago
Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil futures gave up early gains on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate fallout from the coronavirus outbreak that has amplified concerns about weakened global oil demand.



6 years ago
WTO sides against U.S. over its tariffs on Canadian paper

WTO sides against U.S. over its tariffs on Canadian paper

World Trade Organization arbiters sided against the United States on Thursday over duties it had applied on Canadian paper in one of the final verdicts of the WTO's appeals body.



6 years ago
Tesla passes Apple as No. 1 holding on SoFi as young investors rush into surging stock

Tesla passes Apple as No. 1 holding on SoFi as young investors rush into surging stock

Young retail investors rushed into Tesla stock as it hit all time highs this week.

6 years ago
Pizza-toting robots: U.S. lets Nuro deploy driverless delivery vehicles

Pizza-toting robots: U.S. lets Nuro deploy driverless delivery vehicles

In a first-of-its-kind approval by U.S. regulators, a federal agency on Thursday gave permission for autonomous vehicle startup Nuro Inc over the next two years to deploy up to 5,000 low-speed electric delivery vehicles without human controls like mirrors and steering wheels.



6 years ago
Toyota plans to make 100,000 pickups a year at new Mexican plant

Toyota plans to make 100,000 pickups a year at new Mexican plant

Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021, marking a major step to shift production of its popular Tacoma pickup truck to Mexico from the United States, the company said on Thursday.



6 years ago
Juul raises $700 million in debt from investors: source

Juul raises $700 million in debt from investors: source

Juul Labs Inc has raised more than $700 million in convertible debt from investors to fund its operations, a source familiar with the matter told Reuters, as the e-cigarette maker battles growing regulatory scrutiny on vaping.



6 years ago
Intercontinental Exchange abandons deal talks with eBay

Intercontinental Exchange abandons deal talks with eBay

New York Stock Exchange owner Intercontinental Exchange Inc (ICE) said it had decided to stop exploring deal options with eBay Inc , just hours after its chief executive said he would "love" to speak with the e-commerce company.



6 years ago
Hedge fund Elliott Management builds stake in SoftBank: sources

Hedge fund Elliott Management builds stake in SoftBank: sources

Hedge fund Elliott Management Corp, one of the world's most powerful activist investors, has amassed a nearly $3 billion stake in SoftBank Group Corp and is pushing for changes to boost the Japanese conglomerate's value, people familiar with the matter said on Thursday.



6 years ago
Uber sees profit by end of 2020, ahead of previous target

Uber sees profit by end of 2020, ahead of previous target

Uber Technologies Inc on Thursday moved forward by a year its target to achieve profitability on an adjusted basis to the fourth quarter of 2020, sending its shares up 5% in after-hours trading.



6 years ago
Aurora Cannabis CEO steps down, company cuts 500 jobs

Aurora Cannabis CEO steps down, company cuts 500 jobs

Aurora Cannabis co-founder and Chief Executive Terry Booth will retire and step down from the marijuana producer, with Executive Chairman Michael Singer becoming interim CEO, the company said in a statement on Thursday.



6 years ago
BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group Signs CAD~$715,000 Contract with United States Federal Government Agency

BIGG Digital Assets Inc. subsidiary Blockchain Intelligence Group Signs CAD~$715,000 Contract with United States Federal Government Agency

BIGG Digital Assets | Release | Feb 4, 2020 VANCOUVER, February 4, 2019 – BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), owner of Blockchain Intelligence Group (“BIG”), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that it has signed a 5-year

6 years ago
Toyota to make more pickup trucks at Mexican plant in shift from U.S.

Toyota to make more pickup trucks at Mexican plant in shift from U.S.

Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021 in a major step to shift production of its popular mid-size Tacoma pickup truck to Mexico from the United States, the company said on Thursday.



6 years ago