Latest News on private equities market

Oil skids as U.S. inventories pile up, but demand hopes stem bigger drop

Oil skids as U.S. inventories pile up, but demand hopes stem bigger drop

Oil prices dropped on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year kept losses in check.



6 years ago
Fiat Chrysler, Peugeot owner PSA agree binding merger in $50 billion deal

Fiat Chrysler, Peugeot owner PSA agree binding merger in $50 billion deal

Fiat Chrysler (FCA) and Peugeot maker PSA said on Wednesday they had agreed on a binding merger in a $50 billion deal that will pave the way to the creation of the world's fourth-largest car maker.



6 years ago
Oil retreats after U.S. inventory rise, but demand hopes stem bigger drop

Oil retreats after U.S. inventory rise, but demand hopes stem bigger drop

Oil prices fell on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year prevented a bigger fall in prices.



6 years ago
Merkel unaware of any pressure exerted by China over Huawei

Merkel unaware of any pressure exerted by China over Huawei

German Chancellor Angela Merkel said on Wednesday she had not been told about the Chinese authorities making any threats if Huawei were to be excluded from Germany's 5G rollout and she reiterated she was against excluding any single firm.



6 years ago
Someone just won the $372 Mega Millions jackpot. These should be their next steps

Someone just won the $372 Mega Millions jackpot. These should be their next steps

A lottery player in Ohio won the $372 Mega Millions jackpot on Tuesday night. Here are the first steps they should take.

6 years ago
Credit card debt is worse for those with high income

Credit card debt is worse for those with high income

As credit card balances steadily creep higher and Americans' confidence in their ability to pay their bills declines, this high-interest debt has become a problem across all income levels. But the wealthy may be struggling the most.

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
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
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
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
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
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
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
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
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