Latest News on private equities market

Boeing swings to annual loss as 737 MAX costs double

Boeing swings to annual loss as 737 MAX costs double

Boeing Co on Wednesday swung to its first annual loss since 1997 on mounting 737 MAX costs and indicated it would again cut production of its bigger 787 Dreamliner aircraft, currently its main source of cash.



6 years ago
Futures gain as Apple earnings take some focus off virus concerns

Futures gain as Apple earnings take some focus off virus concerns

U.S. stock index futures rose on Wednesday as strong results from Apple and other marquee companies kicked fourth-quarter earnings into top gear and overshadowed concerns over the economic impact of the fast-spreading coronavirus.



6 years ago
United States tells Britain: look again at Huawei 5G decision

United States tells Britain: look again at Huawei 5G decision

The United States on Wednesday urged Britain to look again at its decision to allow China's Huawei a limited role in 5G networks, cautioning that American information should only pass across trusted networks.



6 years ago
Factbox: Huawei's involvement in telecoms networks around the world

Factbox: Huawei's involvement in telecoms networks around the world

European Union countries can either restrict or exclude high-risk 5G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China's Huawei Technologies but falling short of a U.S. call for a complete ban.



6 years ago
EU guidelines allow members to either restrict or ban high risk 5G providers like Huawei

EU guidelines allow members to either restrict or ban high risk 5G providers like Huawei

EU countries can either restrict or exclude high-risk 5G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China's Huawei Technologies but falling short of a U.S. call for a complete ban.



6 years ago
GE beats profit, cash flow estimates on aviation, lower spending

GE beats profit, cash flow estimates on aviation, lower spending

General Electric Co quarterly profit and cash flow beat analysts' estimates on Wednesday, boosted by its aviation unit, but the industrial conglomerate set a relatively modest profit target for 2020.



6 years ago
Buffett's Berkshire sells newspaper business, including hometown paper, to Lee Enterprises

Buffett's Berkshire sells newspaper business, including hometown paper, to Lee Enterprises

Warren Buffett's Berkshire Hathaway Inc said on Wednesday it is selling its newspaper operations to Lee Enterprises Inc , abandoning an industry the billionaire investor had long supported and defended even as its financial prospects deteriorated.



6 years ago
Apple's iPhone strength is back and analysts say it is here to stay

Apple's iPhone strength is back and analysts say it is here to stay

Wall Street analysts were smitten by a rebound in sales of Apple Inc's iPhones after a year of decline. So much, in fact, that they looked past a weaker-than-expected rise in services revenue, the company's growth driver.



6 years ago
One in five fear they'll owe the IRS money this spring

One in five fear they'll owe the IRS money this spring

Tax season doesn't always come with a windfall for filers. About 20% of people polled by NerdWallet believe they'll owe the taxman this April, paying an average of $2,667. Here's why.

6 years ago
Virus fears push Asian stocks to seven-week low, boost safe-haven assets

Virus fears push Asian stocks to seven-week low, boost safe-haven assets

Asian stocks and currencies fell on Thursday as the death toll from a new virus spreading in China rose and more cases were reported around the world.



6 years ago
Oil falls as virus death toll climbs, U.S. stocks grow

Oil falls as virus death toll climbs, U.S. stocks grow

Oil prices fell on Thursday as the death toll from the new virus in China climbed to 170 and more airlines canceled flights to the country's major cities, while rising U.S. crude inventories added to the negative tone.



6 years ago
Britain's BBC to cut 450 newsroom jobs in cost-cutting drive

Britain's BBC to cut 450 newsroom jobs in cost-cutting drive

The BBC said on Wednesday it will cut around 450 jobs from its news division as part of an 80 million pound savings drive and modernisation programme.



6 years ago
Pompeo to Britain: Look again at Huawei 5G decision

Pompeo to Britain: Look again at Huawei 5G decision

The United States on Wednesday urged Britain to rethink its decision to allow China's Huawei a role in 5G networks, cautioning that American information would only be allowed to pass across trusted networks.



6 years ago
Facebook warns revenue growth slowing, costs remain high

Facebook warns revenue growth slowing, costs remain high

Facebook Inc said on Wednesday that growth would continue to slow as its business matured and reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off.



6 years ago
Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge

Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge

Samsung Electronics Co Ltd said on Thursday it expects earnings to bounce back in 2020 after a fourth-quarter slump, helped by a gradual recovery in memory chip demand from data center customers and 5G smartphone makers.



6 years ago