Latest News on private equities market

American Eagle holiday-quarter forecast below estimates on higher markdowns

American Eagle Outfitters Inc forecast holiday-quarter profit and comparable sales below market estimates on Wednesday, as weaker demand pressures the retailer into offering higher discounts on its flagship AE brand, sending its shares down about 10%.



5 years ago

FAA chief says 737 MAX won't be cleared to resume flying in 2019

Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co's (BA.N> grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019.



5 years ago

Global airlines cut 2019 profit forecast over trade tensions

Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry's main global body said on Wednesday, while predicting a modest recovery next year.



5 years ago

European stocks nudge down as trade deadline looms

European shares fell on Wednesday as the deadline approached for new U.S. tariffs on Chinese goods and investors awaited the outcome of major central bank policy meetings.



5 years ago

If you win the $340 million Mega Millions jackpot, be prepared for a sizable tax bill

Although the odds are stacked against players matching all six numbers, good ol' Uncle Sam always takes a hefty piece of the jackpot.

5 years ago

A serial tech entrepreneur is trying to create an Amazon-like platform for legal marijuana

Keith McCarty is CEO of Wayv, a one-year-old company providing a platform for legal marijuana retailers in California to do online sales and next-day delivery.

5 years ago

Paid parental leave may be coming to more than 2 million Americans

New legislation would guarantee paid parental leave for 2.1 million federal workers. It would be the first update to federal family leave policy in a generation.

5 years ago

Carlyle Group co-CEO says he's confident Taylor Swift deal will be a 'successful investment'

Carlyle Group helped finance the sale of Taylor Swift's music rights to Ithaca Holdings.

5 years ago

Millennial investors in this state have the highest liquid net worth: survey

The outlook may not be all that bleak for the 25- to 39-year-old crowd. A client analysis by Wealthfront, a firm that offers robo-advisor services, found that millennial investors in Washington state had a median net worth of $112,618.

5 years ago

Hyperion Technologies announces Lisa Cheng as new CEO

Hyperion Technologies Release | Dec 10, 2019 VANCOUVER, British Columbia — Hyperion Technology Inc. (Hyperion) is pleased to announce the appointment of Ms. Lisa Cheng as the new CEO and the transition of Mr. Michael Zavet to the role of President. Lisa Cheng states “I’m thrilled to join Hyperion’s team and I’m very excited for

5 years ago

Pot stocks try to rebound from terrible 2019: 'This is 2008 for the cannabis industry'

"It has been an exciting year, and not in the way that shareholders in this sector would like," says Cam Battley of Aurora Cannabis.

5 years ago

'Bond King' Gundlach says a recession is 'very unlikely' in 2020

Jeffrey Gundlach is not worried about a possible recession in 2020, saying on Wednesday that he thinks it's "very unlikely" one will happen.

5 years ago

Can Blockchains Give You Competitive Advantage?

Forbes | Alison McCauley | Dec 11, 2019 Blockchain executives call the tech a team sport. They speak about industries joining together to build blockchain platforms that drive value for all participants. But, put bluntly, what’s the point? Both the tech and our understanding of how to use it is raw—making this an expensive, uncharted

5 years ago

Bank of America CEO Brian Moynihan says confident consumers are spending 5.5% more this year

"People are spending, and that's good news for the U.S. economy," Moynihan tells CNBC.

5 years ago