Latest News on private equities market

Goldman CEO says process on canceled WeWork IPO 'worked'

Goldman CEO says process on canceled WeWork IPO 'worked'

Goldman Sachs Chief Executive David Solomon called WeWork's abandoned initial public offering (IPO) a great example of the listing process working on Tuesday, even if was "not as pretty as everybody would like it to be".



6 years ago
Huawei CFO arrives in Vancouver court to contest U.S. extradition request

Huawei CFO arrives in Vancouver court to contest U.S. extradition request

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers are expected to build on their arguments against the U.S. extradition request that they say is based a sanctions violation and not bank fraud.



6 years ago
Boeing shares plunge as 737 MAX may not get approved to return until mid-year: source

Boeing shares plunge as 737 MAX may not get approved to return until mid-year: source

Boeing Co shares plunged on Tuesday after the planemaker told airlines and suppliers it now forecasts it does not expect to win approval from regulators for the return of the 737 MAX to service until June or July - significantly longer than some forecasts - a source briefed on the matter said.



6 years ago
Maureen Jensen to step down from OSC

Maureen Jensen to step down from OSC

Investment Executive | James Langton | Jan 21, 2020 Grant Vingoe will take over as acting chair following Jensen’s departure on April 15 Maureen Jensen, the head of Canada’s largest securities regulator, is stepping down as chair and CEO of the Ontario Securities Commission (OSC) 10 months early. The OSC announced that Jensen will leave

6 years ago
Boeing says 737 MAX may not win approval to return until mid-year, shares drop

Boeing says 737 MAX may not win approval to return until mid-year, shares drop

Boeing Co said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the certification process and regulatory scrutiny on its flight control system.



6 years ago
Michigan, Tesla reach agreement for direct car sales: source

Michigan, Tesla reach agreement for direct car sales: source

Tesla Inc has reached a settlement with Michigan to allow the electric carmaker to directly sell vehicles in the state, a person familiar with the agreement said on Tuesday.



6 years ago
Wall Street loses ground as China virus spooks investors

Wall Street loses ground as China virus spooks investors

Wall Street backed away from all-time highs on Tuesday as investors returned from a holiday weekend to face a viral outbreak in China and a downbeat global growth outlook from the International Monetary Fund (IMF).



6 years ago
Oil falls again as amply global supply seen offsetting Libyan outage

Oil falls again as amply global supply seen offsetting Libyan outage

Oil prices edged lower on Wednesday, extending the previous session's drops, as investors continue to shrug aside the impact of almost all of Libya's crude production being off-line amid plentiful supplies elsewhere.



6 years ago
Toyota to recall 3.4 million vehicles worldwide, air bags may not deploy in crashes

Toyota to recall 3.4 million vehicles worldwide, air bags may not deploy in crashes

Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes.



6 years ago
Netflix subscriber forecast misses Wall Street estimate as market leader faces Disney

Netflix subscriber forecast misses Wall Street estimate as market leader faces Disney

Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars.



6 years ago
Trump to break bread with Apple's Cook and other CEOs: sources

Trump to break bread with Apple's Cook and other CEOs: sources

U.S. President Donald Trump will attend a breakfast meeting on Wednesday with Apple Inc Chief Executive Tim Cook and other business leaders on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland, according to sources familiar with the situation.



6 years ago
Honda recalling 2.7 million North American vehicles for new air bag inflator defect

Honda recalling 2.7 million North American vehicles for new air bag inflator defect

Honda Motor Co said on Tuesday it will recall 2.7 million older U.S. vehicles in North America for potentially defective air bag inflators.



6 years ago
Toyota recalls 3.4 million vehicles worldwide because air bags may not deploy in crashes

Toyota recalls 3.4 million vehicles worldwide because air bags may not deploy in crashes

Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic glitch that can result in air bags not deploying in crashes.



6 years ago
United beats Wall Street expectations despite ongoing 737 MAX delays

United beats Wall Street expectations despite ongoing 737 MAX delays

United Airlines Holdings Inc on Tuesday beat Wall Street estimates for quarterly profit and held to its 2020 profit target, with a turnaround strategy overseen by its outgoing CEO underpinning growth even as the Boeing 737 MAX remains grounded.



6 years ago
Huawei CFO's lawyers argue U.S. extradition case does not pass Canadian law

Huawei CFO's lawyers argue U.S. extradition case does not pass Canadian law

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers argued for a second straight day that the U.S. extradition request against Meng is founded in sanctions violation.



6 years ago