Latest News on private equities market

Alphabet Inc's Google said on Wednesday it is temporarily shutting down all its offices in China due to the outbreak of a new coronavirus in the country.

United Parcel Service Inc on Wednesday said it is ordering 10,000 electric delivery trucks from the UK-based Arrival Ltd and teaming with self-driving startup Waymo as package carriers work to cut costs and tail pipe pollution.

Berkshire Hathaway is selling 31 newspapers, as Warren Buffett backs away from the industry.

Tesla Inc investors compiled a list of questions to the company ahead of the electric carmaker's quarterly earnings report on Wednesday, ranging from requests for updates on the company's insurance policy to complaints about questions asked by analysts.

The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head of the U.S. central bank pointing to continued moderate economic growth and a "strong" job market, and giving no sign of any imminent changes in borrowing costs.

Facebook Inc beat analysts' estimates for daily active users on Wednesday, but shares fell as operating margins dropped for the world's largest social network after it ramped up spending to improve content and security across its platforms.

Microsoft Corp beat analysts' estimates for quarterly revenue on Wednesday, driven by strength in its cloud computing platform Azure, sending its shares up 2%.

The S&P 500 ended slightly lower on Wednesday, as an initial boost from the likes of Apple, Boeing and General Electric following their quarterly results faded in the wake of a policy announcement from the Federal Reserve.

Oreo cookie maker Mondelez International Inc on Wednesday beat quarterly revenue estimates on higher demand for its snacks in emerging markets, sending shares up 3%.

U.S. grains trader Archer Daniels Midland Co on Wednesday reported a 60% rise in quarterly profit from last year which included a bigger asset impairment and restructuring charge.

British Airways has suspended all direct flights to and from mainland China, one of the biggest names in aviation to do so, as worries grow about the impact of the spreading coronavirus on global travel.

Global equity markets edged higher on Wednesday on strong results from Apple and others but concerns about the coronavirus outbreak in China kept a safe-haven bid in gold and the dollar alive.

McDonald's Corp on Wednesday reported quarterly comparable sales growth and profit above market expectations, as the world's largest burger chain benefited from its revamped stores, new delivery partnerships and higher menu prices.

General Electric Co on Wednesday reported quarterly profit and cash flow that exceeded analysts' estimates, boosted by its aviation unit, but it set a low profit target for 2020.

Boeing Co said on Wednesday it expects more than $18 billion in costs related to the grounding of its 737 MAX jets, and indicated it would cut production of its bigger 787 Dreamliner aircraft.