Latest News on private equities market

Brash Uber co-founder Kalanick leaves board to focus on industrial kitchens

Brash Uber co-founder Kalanick leaves board to focus on industrial kitchens

Travis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling all his shares as he turns his focus to a new venture creating "ghost kitchens" for food delivery services.



6 years ago
More Bank of America clients bought single stocks than ETFs for the first time in 11 years

More Bank of America clients bought single stocks than ETFs for the first time in 11 years

Bank of America clients bought $38 billion worth of stocks in individual companies in 2019, exceeding the $25 billion worth of ETFs they purchased.

6 years ago
Oil rises on supply cut pledges and slow return of Gulf field

Oil rises on supply cut pledges and slow return of Gulf field

Oil prices rose on Tuesday in thin pre-Christmas trading after Russia said cooperation with OPEC on supply cuts would continue and amid signs Saudi Arabia and Kuwait could take as much as a year to bring a major field back to full capacity.



6 years ago
Going on a so-called cash diet may not be the best way to fatten your wallet

Going on a so-called cash diet may not be the best way to fatten your wallet

So-called money diets work about as well as the ordinary kind. That is, they may work for a short time, but you'll have to stay on the diet to keep the weight off.

6 years ago
Wall St. set to open near record highs in thin Christmas Eve trade

Wall St. set to open near record highs in thin Christmas Eve trade

U.S. stock indexes were set to trade near record highs heading into the Christmas break on Tuesday, fueled by optimism over improving trade relations between Washington and Beijing.



6 years ago
Uber co-founder Kalanick leaves board of directors

Uber co-founder Kalanick leaves board of directors

Uber Technologies Inc's co-founder and former CEO Travis Kalanick will resign from its board of directors by the end of the year, the company said on Tuesday.



6 years ago
Starting a business? Avoid these 5 classic entrepreneur pitfalls

Starting a business? Avoid these 5 classic entrepreneur pitfalls

Becoming an entrepreneur is a dream to which many of us aspire, and a worthwhile financial goal. Still, many first-time entrepreneurs — and even experienced pros — can sometimes sabotage their best efforts with some typical mistakes.

6 years ago
Mexican businesses worry tweak to USMCA trade deal could slow exports

Mexican businesses worry tweak to USMCA trade deal could slow exports

Mexican businesses are concerned that a tweak to dispute resolution mechanisms under a new North American trade deal could be used to stifle exports, top industry associations say.



6 years ago
'Watch gold' — Blackstone's Byron Wien teases 2020 market surprises

'Watch gold' — Blackstone's Byron Wien teases 2020 market surprises

"It has a chance to be an interesting investment," Wall Street veteran Byron Wien told CNBC on Tuesday.

6 years ago
Wall St. idle near record levels in Christmas Eve trade

Wall St. idle near record levels in Christmas Eve trade

Wall Street hovered near record highs on Tuesday ahead of Christmas break as investors paused after a rally that was fueled by improving U.S.-China trade relations and optimism about the health of the domestic economy.



6 years ago
The Yankees are coming! U.S. firms rush to euro debt markets

The Yankees are coming! U.S. firms rush to euro debt markets

From Harley Davidson to Colgate-Palmolive, U.S. companies are flocking to borrow in euros and their record issuance is breathing life into a market where yields have been hammered by the European Central Bank's renewed stimulus push.



6 years ago
Oil group Total to pay $100 million bonus as part of Apache Suriname deal

Oil group Total to pay $100 million bonus as part of Apache Suriname deal

French oil company Total said on Monday that it would pay a bonus of $100 million as part of its previously announced deal with U.S. peer Apache to develop an offshore block off Suriname.



6 years ago
Credit Suisse blames former COO for covering up second spying case

Credit Suisse blames former COO for covering up second spying case

Credit Suisse on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former Chief Operating Officer Pierre-Olivier Bouee had the Swiss bank's then-head of human resources followed in February and covered it up.



6 years ago
Oil eases but supported by trade deal hopes

Oil eases but supported by trade deal hopes

Oil prices fell on Monday, but were holding near recent three-month highs amid expectations that the United States and China will soon agree on a trade deal, with President Donald Trump saying an agreement would be signed "very shortly".



6 years ago
Asian shares near 18-month high, bask in trade deal afterglow

Asian shares near 18-month high, bask in trade deal afterglow

Asian markets idled near 18-month highs on Monday as trading volumes weakened ahead of the Christmas holiday break, with investors taking profit on gains made earlier this month.



6 years ago