Latest News on private equities market

Indian tribunal backs Mistry's reinstatement as chairman of Tata Sons

Indian tribunal backs Mistry's reinstatement as chairman of Tata Sons

Cyrus Mistry, who has been embroiled in a legal battle with Tata Group since being ousted in 2016, won backing from a tribunal to be reinstated as executive chairman of its holding company, lawyers said on Wednesday.



6 years ago
Despite IPO flameouts, 2019 sets record for U.S. unicorn births

Despite IPO flameouts, 2019 sets record for U.S. unicorn births

Unicorns like Uber, Lyft and Slack may have had disappointing IPOs, but U.S. venture capital firms gave birth to a record number of unicorns in 2019.



6 years ago
Peruvian prosecutor investigating deaths of two McDonald's employees

Peruvian prosecutor investigating deaths of two McDonald's employees

A Peruvian prosecutor's office said it was investigating the death of two teenaged employees in a McDonald's-branded restaurant in Lima, in an incident that has spurred protests against the fast-food giant in the South American nation.



6 years ago
Merry Christmas from Next Decentrum Technologies!

Merry Christmas from Next Decentrum Technologies!

Next Decentrum | Tristram | Dec 18, 2019 Merry Christmas and all our best to the NCFA community from Next Decentrum. Hussein, Rama, Shawn, Rodrigo and Tristram Next Decentrum is an edtech company focused on developing the future of education using curated content. We provide subject matter experts with an easy way to organize curated

6 years ago
Millennial investors in California are fleeing to these 3 tax havens: survey

Millennial investors in California are fleeing to these 3 tax havens: survey

The under-40 crowd in the Golden State is ready for tax-friendlier climes, according to data from Wealthfront, an investment management firm. These three states are among their top destinations.

6 years ago
UK union seeks guarantees on manufacturing after Peugeot-Fiat merger

UK union seeks guarantees on manufacturing after Peugeot-Fiat merger

Britain's biggest union is seeking guarantees on the long-term future of Peugeot's plants in Britain after the French carmaker struck a binding deal on Wednesday with Fiat Chrysler to create the world's fourth-biggest carmaker.



6 years ago
FedEx shares fall as outlook cut spooks investors

FedEx shares fall as outlook cut spooks investors

Shares of FedEx Corp fell nearly 10% on Wednesday after the world's largest packaging company cut its 2020 profit forecast for the second time as it spends heavily to expand its online delivery business and battles slowing global trade.



6 years ago
Oil steadies on U.S. crude inventories fall, demand hopes

Oil steadies on U.S. crude inventories fall, demand hopes

Oil prices steadied on Wednesday after U.S. government data showed a decline in crude inventories and on expectations for an uptick in demand next year on the back of progress in resolving the U.S.-China trade fight.



6 years ago
Canada's SNC-Lavalin unit to plead guilty to fraud charge in Libya case: La Presse

Canada's SNC-Lavalin unit to plead guilty to fraud charge in Libya case: La Presse

An SNC-Lavalin Group division will plead guilty to a fraud charge related to projects in Libya after an agreement with prosecutors, La Presse reported on Wednesday, in a case that engulfed Canadian Prime Minister Justin Trudeau’s government in crisis this year.



6 years ago
Holiday surprise: The average rank-and-file worker at this company gets a $50,000 bonus

Holiday surprise: The average rank-and-file worker at this company gets a $50,000 bonus

Giant bonuses are great news for employees — and for the IRS. St. John Properties, a Baltimore-based real estate developer, spread out a $10 million bonus payment among its 198 employees. Here's what that means for their taxes.

6 years ago
Analyst says FedEx plunge leaves bellwether vulnerable to the once unthinkable: an activist

Analyst says FedEx plunge leaves bellwether vulnerable to the once unthinkable: an activist

FedEx's second-quarter results were so bad that it could spark interest among activist investors looking to turn the company around.

6 years ago
Nearly 7% of Disney+ users with Netflix plan to cancel Netflix, survey shows

Nearly 7% of Disney+ users with Netflix plan to cancel Netflix, survey shows

A small but significant group of Netflix and Disney+ users have told Bank of America they expect to cancel their Netflix subscriptions.

6 years ago
Factbox: World's top automakers as PSA, FCA prepare to merge

Factbox: World's top automakers as PSA, FCA prepare to merge

Fiat Chrysler Automobiles (FCA) and Peugeot owner PSA have sealed a deal to join forces in a 50-50 share merger worth about $50 billion.



6 years ago
Wall Street opens flat as record-setting rally runs out of steam

Wall Street opens flat as record-setting rally runs out of steam

U.S. stocks opened largely flat on Wednesday as markets took a breather from a record-setting spree, while FedEx plunged after it cut its annual profit forecast for the second time this year.



6 years ago
Paid parental leave on tap for 2.1 million Americans as bill heads to White House

Paid parental leave on tap for 2.1 million Americans as bill heads to White House

Legislation headed to the president for his signature guarantees paid parental leave for 2.1 million federal workers. It's the first update to federal family leave policy in a generation.

6 years ago