Latest News on private equities market

Oil set for weekly drop as Mideast risk premium eases for now

Oil set for weekly drop as Mideast risk premium eases for now

Oil edged lower on Friday, set for its first weekly loss since late November, erasing the week's risk premium added since a U.S. drone strike killed a top Iranian general as investors focused on rising U.S. inventories and other signs of ample supply.



6 years ago
Boeing says ousted CEO Muilenburg not entitled to severance payment

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.



6 years ago
Alphabet's legal head David Drummond, under scrutiny, to retire

Alphabet's legal head David Drummond, under scrutiny, to retire

Google parent Alphabet Inc on Friday announced the retirement of Chief Legal Officer David Drummond, who has been under scrutiny as the board investigated the company's handling of sexual misconduct complaints.



6 years ago
Apple pushes recycling with robot, but mined metals still needed

Apple pushes recycling with robot, but mined metals still needed

Apple Inc is trying to change the way electronics are recycled with a robot that disassembles its iconic iPhone so that minerals can be recovered and reused, but rising global demand for electronics means new mines will still be needed by manufacturers.



6 years ago
Gene Munster puts together a new case for why Apple stock should be trading 50% higher

Gene Munster puts together a new case for why Apple stock should be trading 50% higher

Apple's business is developing a consistency similar to Facebook and Microsoft and it ought to trade at similar multiples, Loup Ventures' Gene Munster argued.

6 years ago
Wall Street trades near record high, brushes off weak jobs data

Wall Street trades near record high, brushes off weak jobs data

U.S. stocks hovered near all-time highs on Friday, as easing Middle East tensions and gains in popular technology stocks offset concerns about slower-than-expected December jobs growth in the United States.



6 years ago
As White House plans U.S.-China Phase 1 ceremony, still no final deal text

As White House plans U.S.-China Phase 1 ceremony, still no final deal text

The Trump administration has invited at least 200 people to a Jan. 15 ceremony to witness the signing of the Phase 1 trade deal between the United States and China, but the two nations have not yet finalized what, exactly, will be signed, White House officials said on Friday.



6 years ago
Oil pares losses on fresh Mideast tensions

Oil pares losses on fresh Mideast tensions

Brent crude prices steadied on Friday, paring earlier losses as Middle East tensions erupted again after the United States added new sanctions on Iran in retaliation for its missile attack on U.S. forces in Iraq this week.



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

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.



6 years ago
Lebanon may lift Ghosn's travel ban if files not received within 40 days: caretaker justice minister

Lebanon may lift Ghosn's travel ban if files not received within 40 days: caretaker justice minister

Lebanon may lift a travel ban on ousted Nissan boss Carlos Ghosn if files pertaining to his case do not arrive from Japan within 40 days, caretaker justice minister Albert Serhan said in a statement on Friday.



6 years ago
Wall Streets trades near record high, brushes off weak jobs data

Wall Streets trades near record high, brushes off weak jobs data

Wall Street hovered near all-time highs on Friday, as easing Middle East tensions and technology stocks offset concerns about slower-than-expected U.S. jobs growth in December.



6 years ago
China's Geely in talks to take stake in Britain's Aston Martin: FT, source

China's Geely in talks to take stake in Britain's Aston Martin: FT, source

China’s Geely Automobile Holding is in talks with Aston Martin management and investors about taking a stake in the iconic British luxury carmaker, according to a source familiar with the discussions and the Financial Times on Friday.



6 years ago
Takeaway seals victory in $8 billion Just Eat battle

Takeaway seals victory in $8 billion Just Eat battle

Online food ordering company Takeaway.com has won the battle for Britain's Just Eat with a 6.2 billion pound ($8 billion) share offer that will create one of the world's largest meal delivery companies.



6 years ago
U.S. to probe Fitbit, Garmin, other wearable devices after Philips complains

U.S. to probe Fitbit, Garmin, other wearable devices after Philips complains

U.S. trade regulators said on Friday they will investigate wearable monitoring devices, including those made by Fitbit Inc and Garmin Ltd, following allegations of patent violations by rival Koninklijke Philips and its North America unit.



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

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).



6 years ago