Latest News on private equities market

Uber drives up prices for shared rides, Chicago data reveals

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.



5 years ago

NYSE proposes allowing companies to raise fresh capital in direct listings

The New York Stock Exchange proposed a rule change on Tuesday that would potentially get more companies to follow the path taken by Spotify and Slack.

5 years ago

Wall Street edges higher on trade hopes, Disney boost

U.S. stocks edged higher on Tuesday, building on the prior day's record closing levels, as positive comments by President Donald Trump on trade talks and gains for Disney and Best Buy overshadowed some softer-than-anticipated economic data.



5 years ago

Lincoln electric SUV to use Ford-backed startup's 'skateboard' chassis: sources

A battery-powered Lincoln SUV, due in mid-2022, will be the first Ford Motor Co vehicle built on a custom electrified chassis that resembles a skateboard, which was developed by Ford-backed startup Rivian, according to several people familiar with the program.



5 years ago

Dell misses revenue estimates on weakness in server business

Dell Technologies Inc missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and lower demand in a market hit by U.S.-China trade tensions.



5 years ago

Wall Street crawls to record levels on trade hopes

U.S. stocks crawled higher on Tuesday, and all three major Wall Street indexes notched record levels, as upbeat comments by President Donald Trump on trade talks eclipsed some softer-than-anticipated economic data.



5 years ago

Exclusive: Hedge fund Citadel's commodities business up about $1 billion for the year - sources

Citadel's commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall performance at one of the world's largest hedge funds.



5 years ago

FAA says it will be the sole issuer of new 737 MAX airworthiness certificates

The Federal Aviation Administration said on Tuesday that it notified Boeing Co that the agency will be the only issuer of airworthiness certificates for all new 737 MAX aircraft, a role that it had shared with the aircraft maker in the past.



5 years ago

Feuding Korean firms risk disrupting electric car battery supplies

In 2018, South Korea's SK Innovation beat its larger, local rival LG Chem to a multibillion dollar deal to supply German carmaker Volkswagen with electric vehicle batteries in the United States.



5 years ago

U.S. judge partially overturns conviction of opioid maker Insys' founder

A federal judge on Tuesday partially overturned the conviction of Insys Therapeutics Inc's founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury's verdict.



5 years ago

Factbox: The world's biggest electric vehicle battery makers

Asian companies dominate the market for electric vehicle (EV) batteries and they are expanding their production capacity in Europe, China and the United States in a fight to win lucrative contracts from global automakers.



5 years ago

HP Inc beats profit estimates on higher PC sales

HP Inc on Tuesday posted quarterly earnings above analysts' estimates as higher sales of personal computers and workstations helped counter weakness in its printer business.



5 years ago

Musk won't settle 'pedo guy' defamation lawsuit, lawyer says

An attorney for Elon Musk, the billionaire CEO of electric car maker Tesla , said on Tuesday that his client had no intention of settling a defamation suit brought by a British cave explorer before the case goes to trial on Dec. 3. Vernon Unsworth is suing Musk for calling him a "pedo guy" in one of a series of tweets. Musk posted the tweets after Unsworth accused Musk in a CNN interview of grandstanding by offering to help Unsworth's diving team rescue 12 b



5 years ago

U.S. prosecutors open criminal probe of opioid makers, distributors

Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare crisis, according to regulatory filings.



5 years ago

Australia's Westpac cut from home-loan scheme as scandal fallout spreads: The Australian

Australia's Westpac Banking Corp lost a bid to supply loans to a government home-deposit assistance scheme in a blow to its main income generator as it battles a money-laundering scandal, The Australian newspaper reported on Wednesday.



5 years ago