Latest News on private equities market

Robinhood got fined for the way it handled “commission free” trades

Robinhood got fined for the way it handled “commission free” trades

Quartz | John Detrixhe | Dec 19, 2019 Robinhood, famous for offering zero-commission stock trading, was fined in the US for failing to make sure its customers were getting the best deal on their orders. The six-year-old company was fined $1.25 million by the Financial Industrial Regulatory Authority (FINRA), a self-regulatory organization. FINRA said in

6 years ago
ByteDance has no sale plans for TikTok, media report untrue - internal note

ByteDance has no sale plans for TikTok, media report untrue - internal note

Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the short video platform's head said on Tuesday, denying a media report which said the company was currently weighing options to do so due to U.S. concerns.



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
After Ethiopia crash, victims' relatives say they were hounded by U.S. law firms

After Ethiopia crash, victims' relatives say they were hounded by U.S. law firms

Days after the March 10 crash of a Kenya-bound Ethiopian Airlines’ Boeing jet that killed all 157 people on board, strangers began calling or visiting bereaved families, saying they represented U.S. law firms.



6 years ago
Roche enters $1.15 billion licensing deal for Sarepta gene therapy

Roche enters $1.15 billion licensing deal for Sarepta gene therapy

Roche entered into a $1.15 billion licensing agreement with Sarepta Therapeutics to obtain the right to launch and commercialize Sarepta's investigational gene therapy for Duchenne muscular dystrophy (DMD) outside the United States.



6 years ago
Bank of Italy ready to account for Popolare di Bari supervision: Visco to press

Bank of Italy ready to account for Popolare di Bari supervision: Visco to press

Bank of Italy has "positively" accomplished its supervision duties and it is ready to account for its action on failing lender Banca Popolare di Bari, Governor Ignazio Visco told Corriere della Sera daily in an interview published on Monday.



6 years ago
BlackRock, Temasek to take majority stake in wealth management JV with CCB: sources

BlackRock, Temasek to take majority stake in wealth management JV with CCB: sources

U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter.



6 years ago
BMW says being investigated by U.S. SEC

BMW says being investigated by U.S. SEC

German automaker BMW AG said on Monday it was being investigated by the U.S. Securities and Exchange Commission following a report of a probe related to the company's sales practices.



6 years ago
Netflix shares won the decade. Here are some guesses at what could be the top stock of the 2020s

Netflix shares won the decade. Here are some guesses at what could be the top stock of the 2020s

Are there any other Netflix-like stocks out there for the next decade?

6 years ago
'So high': Tesla shares cross $420 mark over a year after Musk buyout tweet

'So high': Tesla shares cross $420 mark over a year after Musk buyout tweet

Tesla Inc shares traded above $420 on Monday, more than a year after Elon Musk tweeted he had "funding secured" to take the electric car maker private at that price, only to later give up under investor pressure and regulatory concerns.



6 years ago
Not knowing these Roth IRA truths can cost you

Not knowing these Roth IRA truths can cost you

Being able to draw from post-tax savings in retirement can help you limit your taxable income and boost your bottom line. But many people don't know the ins and outs of one retirement savings choice — Roth IRAs — that can help you achieve that. Here's a breakdown of what you need to know.

6 years ago
In win for Uber, judge strikes down New York City's cruising cap

In win for Uber, judge strikes down New York City's cruising cap

A New York state judge on Monday ruled in favor of Uber Technologies Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.



6 years ago
S&P 500, Nasdaq scale new highs; Boeing lifts Dow

S&P 500, Nasdaq scale new highs; Boeing lifts Dow

The S&P 500 and the Nasdaq hit fresh record highs on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed "very shortly", while Boeing was a big boost to the Dow after the planemaker fired its chief executive officer.



6 years ago