Latest News on private equities market

Wall Street slips from records after jobs data, but posts weekly gains

U.S. stocks fell on Friday from record-high levels as investors took profit and data showed slower-than-expected December U.S. jobs growth, but the major indexes posted gains for the week.



5 years ago

FAA proposes $3.92 million fine against Southwest for alleged weight infractions

The U.S. Federal Aviation Administration (FAA) said on Friday it is seeking to impose a $3.92 million fine on Southwest Airlines Co for alleged weight infractions on 21,505 flights on 44 aircraft between May 1, 2018 and Aug. 9, 2018.



5 years ago

Facebook's stock hits record high, signaling recovery after extended historic slump

Shares of Facebook , which have been doggedly crawling their way back from a historic slump after lapses in users' privacy sparked fears of lower profits, on Friday struck an intra-day record high for the first time in over a year.



5 years ago

Airbus net orders rise but lag behind deliveries in 2019

Airbus posted higher airplane orders for 2019 but failed to keep pace with deliveries for the second year in a row after axing its A380 superjumbo program and clearing its books of some defunct deals left over from a faltering industry order boom.



5 years ago

Alphabet legal head Drummond exits, giving its new CEO chance to shake up team

Alphabet's new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google's parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns about his personal relationship with a subordinate.



5 years ago

Boeing says ousted CEO Muilenburg not entitled to severance payment

Muilenburg was fired from the job in December as the company failed to contain the fallout from a pair of fatal crashes that halted output of its bestselling 737 MAX jetliner and tarnished its reputation with airlines and regulators.



5 years ago

Boeing's ousted CEO departs with $62 million, even without severance pay

Boeing Co's ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis.



5 years ago

WarnerMedia's CNN to pay $76 million to settle dispute with Team Video Services

WarnerMedia's news channel CNN, owned by AT&T Inc , on Friday agreed to pay $76 million in backpay to settle a long-standing dispute over the termination of a contract with camera operators Team Video Services (TVS).



5 years ago

Boeing's ousted CEO departs with $62 mln, even without severance pay

Boeing Co's ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis.



5 years ago

Japan seeks Interpol wanted notice for wife of ex Nissan boss

Japanese authorities have requested the International Criminal Police Organization (ICPO) for an Interpol wanted notice for the wife of former Nissan Motor boss Carole Ghosn, local media reported on Saturday.



5 years ago

IPO Watch 2020

Here are some companies who have expressed plans to IPO in 2020, as well as a few that are speculated to be gearing up for a public offering. Continue reading

5 years ago

China's bid to challenge Boeing and Airbus falters

Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected, a dozen people familiar with the program told Reuters, as the state-owned Commercial Aircraft Corporation (COMAC) struggles with a range of technical issues that have severely restricted test flights.



5 years ago

Trump says China trade deal may be signed shortly after January 15

U.S. President Donald Trump, who announced last month that the Phase 1 trade deal with China would be signed on Jan. 15, said on Thursday the agreement could be signed "shortly thereafter."



5 years ago

'Designed by clowns': Boeing releases internal messages that disparage 737 MAX, regulators

Boeing Co on Thursday released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was "designed by clowns who in turn are supervised by monkeys".



5 years ago

Chairman Mao's favored Red Flag carmaker eyes 1 million customers by 2030

China's FAW Group [SASACJ.UL] aims to double its annual sales of Chairman Mao Zedong's carmaker of choice, Hongqi, or Red Flag, to 200,000 units this year and grow them further to 1 million cars in the next decade, its chairman Xu Liuping said.



5 years ago