Latest News on private equities market

Global stocks bask in U.S.-China trade-deal afterglow

Global stocks bask in U.S.-China trade-deal afterglow

World stocks remained near record highs on Thursday, after the United States and China signed the first phase of an agreement to end their 18-month trade war.



6 years ago
Morgan Stanley profit surges 53%

Morgan Stanley profit surges 53%

Morgan Stanley reported a 53% rise in quarterly profit on Thursday, driven by strength in its bond trading and underwriting businesses.



6 years ago
What to watch as fourth-quarter earnings kick into high gear

What to watch as fourth-quarter earnings kick into high gear

U.S. corporate reporting season is expected to show lackluster profit growth, and it has already gotten off to a bumpy start, with big banks kicking off the fourth quarter to mixed investor reaction so far on the stock market.



6 years ago
FAA should mandate safety management systems for Boeing, others: panel

FAA should mandate safety management systems for Boeing, others: panel

An expert committee on Thursday recommended the Federal Aviation Administration's require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of two fatal Boeing 737 MAX crashes.



6 years ago
Factbox: How NBCUniversal's Peacock streaming service likely stacks up against others

Factbox: How NBCUniversal's Peacock streaming service likely stacks up against others

Comcast Corp's NBCUniversal will provide details on its planned Peacock video streaming service on Thursday, taking on industry leader Netflix Inc and others in the highly competitive field.



6 years ago
BNY Mellon profit surges 67% on one-time gain

BNY Mellon profit surges 67% on one-time gain

Bank of New York Mellon Corp , the world's largest custodian bank, reported a 67% jump in quarterly profit on Thursday, helped by a one-time gain from the sale of an unspecified equity investment.



6 years ago
PSA Group 2019 sales slump 10% after record 2018

PSA Group 2019 sales slump 10% after record 2018

French carmaker PSA Group said on Thursday global sales fell 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it suffered from declining volumes in China, the Middle East and Africa.



6 years ago
Tesla says it plans to open China design and research center

Tesla says it plans to open China design and research center

U.S. electric car maker Tesla plans to open a design and research center in China to make "Chinese-style" vehicles, the company said in a recruitment notice on its official WeChat account.



6 years ago
Amazon's $1 billion investment in India no big favor: minister

Amazon's $1 billion investment in India no big favor: minister

Amazon hasn't done India any big favors by investing $1 billion in the country, its trade minister said on Thursday, laying bare the tensions with the U.S. online retail giant during a visit by its CEO Jeff Bezos.



6 years ago
Morgan Stanley shares jump 6% after massive beat on fourth-quarter profit

Morgan Stanley shares jump 6% after massive beat on fourth-quarter profit

CEO James Gorman said that Morgan Stanley met all of the bank's performance targets.

6 years ago
Here are the 5 best states for retirees in 2020

Here are the 5 best states for retirees in 2020

Personal finance website WalletHub is out with yet another list of the best states in which to spend your retirement. Here's what you need to know about competing "best of" lists when it comes to retirement.

6 years ago
You can still win the Powerball jackpot. But it won't mean $321 million in your bank account

You can still win the Powerball jackpot. But it won't mean $321 million in your bank account

While the odds are stacked against hitting the Powerball jackpot — your chance is about 1 in 302 million — the IRS always gets a hefty piece of large lottery prizes.

6 years ago
Facebook is banning deepfake videos

Facebook is banning deepfake videos

Vox Recode | Shirin Ghaffary | Jan 7, 2020 Facebook’s new rules will still allow controversial fake videos like the one of Nancy Pelosi that made her appear to be drunk. Facebook announced late Monday that it would ban “deepfakes,” which are AI-manipulated videos that distort reality, often simulating real people in fake situations. The

6 years ago
Southwest extends 737 MAX cancellations through June 6

Southwest extends 737 MAX cancellations through June 6

Southwest Airlines Co said on Thursday it is extending cancellations of Boeing Co 737 MAX flights until June 6, citing the planemaker's decision to recommend pilot simulator training before resuming flights and uncertainty about when regulators will approve their return to service.



6 years ago
Wall St set for fresh highs on trade deal, Morgan Stanley earnings

Wall St set for fresh highs on trade deal, Morgan Stanley earnings

U.S. stocks were poised to open at record highs on Thursday, after the United States and China signed an initial trade agreement and Morgan Stanley wrapped up big bank earnings on a strong note.



6 years ago