Latest News on private equities market

Musk's defamation win may reset legal landscape for social media

Elon Musk's daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his willingness to defend at a high-stakes trial a lawsuit over an off-the-cuff tweet.



5 years ago

Tesla boss Elon Musk wins defamation trial over his 'pedo guy' tweet

Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.



5 years ago

Wall Street Week Ahead: Tariff deadline keeps focus on trade as 2019 draws to close

The stock market looks set to end 2019 the way it began the year -- highly sensitive to headlines from President Donald Trump's global trade war.



5 years ago

Mexico, U.S. discuss 'last issues' in trade pact, faced with new steel demand

Mexico's deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators were dealing with the "last issues" that remain in the United States-Mexico-Canada Agreement (USMCA) trade deal negotiation.



5 years ago

Mexico official lauds progress on trade deal but says work remains

Mexico's deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators made "good progress" to close the United States-Mexico-Canada Agreement (USMCA) trade deal, but many elements remained to be resolved.



5 years ago

Mexico says 'good progress' on trade deal although work remains

Negotiators working to close a new North American trade deal have made "good progress" but many elements are not yet resolved, Mexico's deputy foreign minister said on Friday.



5 years ago

Trump calls for World Bank to stop loaning to China

U.S. President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington's objections.



5 years ago

If you win the $314 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

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

Whether you're holding Ethereum, bitcoin or Litecoin, the IRS wants you to spill the details. 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

Student loan borrowers could see big changes in 2020

Student debt has become a central issue in the 2020 presidential campaign. Legislation is being introduced to address the crisis. And the U.S. Department of Education is also considering some big changes for borrowers.

5 years ago

SoftBank's Son cleaves to guts-led investing in chat with Alibaba's Ma

Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.



5 years ago

Returning General Motors workers seen boosting U.S. November payrolls

U.S. job growth likely accelerated in November as former striking workers returned to General Motors' payrolls, which would confirm that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.



5 years ago

Phoenix to buy Swiss Re's ReAssure unit for $4.1 billion

Insurance group Phoenix Group Holdings said it had agreed to buy the British unit of Swiss Re AG for 3.2 billion pounds ($4.1 billion) in cash and shares, its biggest deal to date.



5 years ago

Exclusive: GM, LG Chem to announce EV battery joint venture in Ohio - sources

General Motors and South Korea's LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters.



5 years ago

Graphic: Gazing into the recession crystal ball

The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.



5 years ago