Latest News on private equities market

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
One-third of credit card debt is caused by medical expenses. These steps can help you manage those bills

One-third of credit card debt is caused by medical expenses. These steps can help you manage those bills

Millions of Americans are getting socked with surprise medical bills. And many are turning to their credit cards because they have no other way to pay. These steps can help you get out from under the weight of those debts.

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

Boeing bows out of multibillion-dollar Minuteman missile replacement competition

Boeing Co has decided not to 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
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
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.-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 St. rises as China, U.S. agree on context of trade deal

Wall St. rises as China, U.S. agree on context of trade deal

U.S. stocks hit fresh record levels on Friday after China said first phase trade talks with the United States have achieved major progress and that Beijing would cancel tariffs scheduled to take effect on Sunday.



6 years ago
Canadian regulator dismisses Catalyst request for cease trade order on Hudson's take private deal

Canadian regulator dismisses Catalyst request for cease trade order on Hudson's take private deal

Canadian financial regulator the Ontario Securities Commission said on Friday it has dismissed a request by Catalyst for a cease trade order relating to proposed take-private deal of Hudson's Bay .



6 years ago