Latest News on private equities market

Exclusive: Hudson's Bay's take-private deal falls short in shareholder vote - sources

Exclusive: Hudson's Bay's take-private deal falls short in shareholder vote - sources

Saks Fifth Avenue owner Hudson's Bay Co has fallen short in securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.



6 years ago
Goldman is disappointed in trade deal: Tariff rollback 'smaller than expected'

Goldman is disappointed in trade deal: Tariff rollback 'smaller than expected'

"The reduction is only half as large as our baseline assumption," said Goldman's chief economist Jan Hatzius.

6 years ago
Global shares gain, oil rises, but caution lingers on U.S.-China deal

Global shares gain, oil rises, but caution lingers on U.S.-China deal

Global equity markets and oil prices rose on Friday after China and the United States agreed on an initial trade deal that rolls back some U.S. tariffs in exchange for China's increased purchase of farm goods, coming just ahead of a deadline for a new round of U.S. tariffs.



6 years ago
T-Mobile CEO takes the stand in T-Mobile/Sprint merger trial

T-Mobile CEO takes the stand in T-Mobile/Sprint merger trial

T-Mobile US Inc Chief Executive John Legere testified on Friday that he believes U.S. regulators considered Dish Network's history of attempting to build a wireless network when they approved the merger between T-Mobile and Sprint Corp .



6 years ago
U.S. agency probes 12th Tesla crash tied to possible Autopilot use

U.S. agency probes 12th Tesla crash tied to possible Autopilot use

The U.S. auto safety agency said Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut on Saturday.



6 years ago
Technology Trends & Industries to Watch in 2020

Technology Trends & Industries to Watch in 2020

As we move into 2020, we’re taking a look at a few technologies and consumer-facing industries to watch in the coming year. Continue reading

6 years ago
Oil nears three-month high as trade hopes, UK election boost sentiment

Oil nears three-month high as trade hopes, UK election boost sentiment

Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain.



6 years ago
Exclusive: French want PSA-Fiat board guarantee in $50 billion merger - sources

Exclusive: French want PSA-Fiat board guarantee in $50 billion merger - sources

French shareholders in the planned merger of PSA and Fiat Chrysler are seeking reassurances that they will retain a numerical advantage on a combined board if CEO Carlos Tavares leaves, two sources close to PSA said.



6 years ago
SoftBank’s China strategy wobbles as key bets disappoint

SoftBank’s China strategy wobbles as key bets disappoint

For SoftBank Group Inc, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy.



6 years ago
U.S. may impose tariffs on Chinese imports if any disputes: Kudlow

U.S. may impose tariffs on Chinese imports if any disputes: Kudlow

The United States could levy tariffs against China if there are any disputes, White House economic adviser Larry Kudlow said about the U.S.-China "phase one" trade agreement announced on Friday.



6 years ago
U.S.-China trade deal swaps tariff rollbacks for farm, energy purchases

U.S.-China trade deal swaps tariff rollbacks for farm, energy purchases

The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of American farm products and other goods.



6 years ago
Wall Street steadies as U.S., China announce trade deal

Wall Street steadies as U.S., China announce trade deal

The S&P 500 and the Dow industrials were little changed on Friday after hitting record highs earlier in the session, as the United States and China announced an initial trade agreement, cooling tensions that have rattled markets.



6 years ago
Boeing bows out of multibillion-dollar Minuteman III replacement competition

Boeing bows out of multibillion-dollar Minuteman III replacement competition

Boeing Co has decided it will not compete as a prime contractor to replace the Pentagon's aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp to win a contract worth tens of billions of dollars.



6 years ago
Bankrupt Philadelphia refinery expects second insurance payment

Bankrupt Philadelphia refinery expects second insurance payment

Insurers of Philadelphia Energy Solutions (PES) have indicated they will make a second payment of $15 million from its property policy in connection to the June fire and subsequent shutdown of the plant, court documents showed.



6 years ago