Latest News on private equities market

Stocks rally, dollar gains on robust U.S. jobs data

The dollar rose and global equity markets rallied on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest fears of recession and briefly taking the spotlight off the U.S.-China trade talks.



5 years ago

Saudi, Russia push through deeper new oil cuts

By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin



5 years ago

U.S. lawmaker says Uber must take action after disclosing sexual assault reports

The chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed Thursday it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United States last year.



5 years ago

For people with student debt, 2020 could be the year everything changes

Presidential campaign proposals and recently introduced legislation aim to rewrite the rules around student loan interest, repayment and refinancing.

5 years ago

HSBC’s plan to move $20B in assets to blockchain could be a watershed moment

Computerworld | Lucas Mearian | Dec 6, 2019 The investment bank's trust of blockchain is likely to spur confidence in the nascent technology. Investment bank HSBC Holdings is using a blockchain distributed ledger technology (DLT) to digitize transaction records of private investments, enabling clients globally to access the details of their assets online in near

5 years ago

Elon Musk defamation trial in homestretch, jury may get case Friday

Elon Musk arrived on Friday at a federal court in Los Angeles looking relaxed in a dark-colored suit, as a trial over whether the Tesla founder defamed a British cave explorer with tweets suggesting he was a pedophile approached its end.



5 years ago

U.S. agencies looking into Goldman-1MDB settlement below $2 billion: Bloomberg

Goldman Sachs Group Inc could end up paying less than $2 billion to resolve criminal and regulatory probes over its role in raising money for scandal-ridden Malaysian investment fund 1MDB, Bloomberg reported on Friday, citing three people familiar with the negotiations.



5 years ago

Bumper jobs data, upbeat trade tone push Wall Street higher

U.S. stocks jumped on Friday as a strong jobs report and upbeat comments from President Donald Trump on trade talks with China breathed new life into markets after a roller-coaster week.



5 years ago

Deutsche Bank staffers cleared but bank fined in money laundering case

Frankfurt prosecutors have dropped an investigation into two Deutsche Bank employees accused of aiding tax evasion through a former Virgin Islands unit, although they have fined the lender for compliance lapses.



5 years ago

Strong U.S. job growth showcases economy's resilience

U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, the strongest sign yet the economy is in no danger of stalling.



5 years ago

3M exploring $1 billion sale of drug delivery systems unit: Bloomberg

Industrial conglomerate 3M Co is exploring a sale of its drug delivery systems unit, which could fetch around $1 billion, Bloomberg reported on Friday, citing people with knowledge of the matter.



5 years ago

If you win the $285 million Mega Millions jackpot, here's what to do first to protect your windfall

There are some steps that winners can take to help prepare them for claiming their prize.

5 years ago

Trump will make final call on China tariffs, likes direction of talks: Kudlow

Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going.



5 years ago

The IRS has a new tax form out and wants to know all about your cryptocurrency

Whether you're holding Ethereum, bitcoin or Litecoin, the IRS wants to know. A new form for the 2019 tax season asks whether you've acquired, exchanged or sold a financial interest in virtual currency.

5 years ago

Wall Street advances on strong jobs report, trade optimism

U.S. stocks jumped on Friday as solid monthly jobs data and upbeat comments from President Donald Trump on trade talks with China spurred riskier bets, putting the benchmark S&P 500 index on track to log its second weekly gain in a row.



5 years ago