Latest News on private equities market

Asia shares rest at highs, sterling licks wounds

Asia shares rest at highs, sterling licks wounds

Asian stocks took a breather at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking its wounds as revived Brexit fears came back to bite it.



6 years ago
PG&E submits settlement agreement related to 2017, 2018 California wildfires

PG&E submits settlement agreement related to 2017, 2018 California wildfires

PG&E Corp said on Tuesday it submitted a multi-party settlement agreement related to the 2017 and 2018 wildfires in Northern California to the California Public Utilities Commission (CPUC).



6 years ago
Wall Street extends record-setting climb on upbeat economic data

Wall Street extends record-setting climb on upbeat economic data

Wall Street's major indexes inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors' confidence in the U.S. economy.



6 years ago
Boards of Fiat Chrysler, Peugeot owner PSA, sign off on merger: sources

Boards of Fiat Chrysler, Peugeot owner PSA, sign off on merger: sources

The boards of French carmaker PSA , the owner of Peugeot, and Fiat Chrysler (FCA) in separate meetings on Tuesday approved a binding agreement for a $50 billion merger, sources said.



6 years ago
Producer on U.S. TV show '60 Minutes' sues CBS over gender discrimination

Producer on U.S. TV show '60 Minutes' sues CBS over gender discrimination

An associate producer on CBS current affairs TV show "60 Minutes" filed a lawsuit on Tuesday alleging gender discrimination and retaliation by the U.S. company after she said she complained about inappropriate conduct by her male boss.



6 years ago
Pea farmers hit by trade war and low prices get a lifeline from Beyond Meat, other meat substitutes

Pea farmers hit by trade war and low prices get a lifeline from Beyond Meat, other meat substitutes

"We're at 20-year lows for our prices right now," said Tim McGreevy, CEO of the USA Dry Pea & Lentil Council.

6 years ago
U.S. judge encourages PG&E deal with California wildfire victims; stock jumps

U.S. judge encourages PG&E deal with California wildfire victims; stock jumps

Utility PG&E Corp's $13.5 billion settlement with victims of California wildfires got some encouraging words from a U.S. bankruptcy judge on Tuesday, and the company's stock rallied as it gained momentum to emerge from bankruptcy in June as planned.



6 years ago
FedEx cuts 2020 profit, cites 'significant challenges'

FedEx cuts 2020 profit, cites 'significant challenges'

FedEx Corp on Tuesday issued its second warning on fiscal 2020 profit after quarterly earnings fell sharply on lackluster global trade and the end of its relationship with Amazon.com, the world's top online retailer.



6 years ago
Big changes coming in how you save for retirement

Big changes coming in how you save for retirement

The House on Tuesday passed a $1.4 trillion spending bill that includes the bipartisan Secure Act, which aims to increase the ranks of retirement savers and the amount they put away.

6 years ago
Lawmakers may kill this popular retirement tax break for the wealthy

Lawmakers may kill this popular retirement tax break for the wealthy

Lawmakers are poised to severely curtail the "stretch IRA," a strategy allowing wealthy Americans to leave sizable inheritances to beneficiaries who can then tap those assets for decades.

6 years ago
Holiday Greetings from Lending Loop!  2019 Year In Review

Holiday Greetings from Lending Loop! 2019 Year In Review

Lending Loop | Reza Jafer | Dec 17, 2019 2019 at Lending Loop was an exciting and fruitful year as we achieved significant company milestones. We are proud to have enabled 10,000+ Canadian individuals to cumulatively invest over $60M in Canadian small businesses.   2019 Highlights: Over 400 businesses across Canada accessed $25,000,000+ of capital

6 years ago
UK regulator orders recall of fire-risk Whirlpool washing machines

UK regulator orders recall of fire-risk Whirlpool washing machines

Half a million washing machines manufactured by Whirlpool Corp and sold in Britain are to be recalled following an order from the country's safety regulator which found they pose a fire risk.



6 years ago
Dongfeng to reduce PSA stake in merger deal with Fiat: sources

Dongfeng to reduce PSA stake in merger deal with Fiat: sources

China's Dongfeng Motor will have a reduced stake of around 4.5% in the new group resulting from the merger between Peugeot owner PSA and rival Fiat Chrysler , two sources said on Tuesday.



6 years ago
FAA must boost oversight to address Allegiant Air maintenance issues: audit

FAA must boost oversight to address Allegiant Air maintenance issues: audit

The U.S. Federal Aviation Administration (FAA) needs to improve its oversight to address maintenance issues at Allegiant Air, the 11th largest U.S. carrier, according to a report seen by Reuters on Tuesday.



6 years ago
Boeing's 737 production halt could dent U.S. first-quarter GDP

Boeing's 737 production halt could dent U.S. first-quarter GDP

Boeing Co's decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact U.S. economic growth and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say.



6 years ago