Latest News on private equities market

Fed keeps interest rates on hold amid 'favorable' outlook

Fed keeps interest rates on hold amid 'favorable' outlook

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year's presidential election.



6 years ago
Carlyle Group co-CEO says he's confident Taylor Swift deal will be a 'successful investment'

Carlyle Group co-CEO says he's confident Taylor Swift deal will be a 'successful investment'

Carlyle Group helped finance the sale of Taylor Swift's music rights to Ithaca Holdings.

6 years ago
A serial tech entrepreneur is trying to create an Amazon-like platform for legal marijuana

A serial tech entrepreneur is trying to create an Amazon-like platform for legal marijuana

Keith McCarty is CEO of Wayv, a one-year-old company providing a platform for legal marijuana retailers in California to do online sales and next-day delivery.

6 years ago
Paid parental leave may be coming to more than 2 million Americans

Paid parental leave may be coming to more than 2 million Americans

New legislation would guarantee paid parental leave for 2.1 million federal workers. It would be the first update to federal family leave policy in a generation.

6 years ago
Aramco IPO to help Saudi economy shift from oil: finance minister

Aramco IPO to help Saudi economy shift from oil: finance minister

Saudi Aramco's listing will boost the kingdom's efforts to diversify from oil as the bulk of proceeds will be injected in domestic projects, while the global buzz surrounding the deal will help lure foreign capital, the finance minister said.



6 years ago
Germany confirms it will repay customers of insolvent Thomas Cook

Germany confirms it will repay customers of insolvent Thomas Cook

The German government confirmed on Wednesday it was willing to repay customers of insolvent Thomas Cook as the tour operator's insurance coverage was not sufficient.



6 years ago
IATA revises down 2019 airline profits, sees stability in 2020

IATA revises down 2019 airline profits, sees stability in 2020

Global airlines reduced a forecast for industry-wide profits in 2019 under the weight of trade tensions, but predicted a modest recovery next year on the assumption that tariff wars will recede in the run-up to the U.S. presidential election.



6 years ago
Home Depot forecasts 2020 sales growth below expectations

Home Depot forecasts 2020 sales growth below expectations

Home Depot Inc on Wednesday forecast fiscal 2020 sales growth below Wall Street expectations, three weeks after the home improvement chain cut its 2019 sales forecast.



6 years ago
Tesla plans increasing imported Model 3 prices in China from January: sources

Tesla plans increasing imported Model 3 prices in China from January: sources

U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources familiar with the matter said.



6 years ago
Oil prices fall as U.S. crude stocks jump

Oil prices fall as U.S. crude stocks jump

Oil prices fell on Wednesday after industry data showed an unexpected build in U.S. crude inventories and as investors waited for news on whether a fresh round of U.S. tariffs on Chinese goods would take effect on Sunday.



6 years ago
Massachusetts hand-dryer maker gets helping hand from U.S.-China trade war

Massachusetts hand-dryer maker gets helping hand from U.S.-China trade war

The U.S.-China trade war is creating something William Gagnon once thought impossible - a 100% American-made bathroom hand dryer.



6 years ago
Mexican businesses want clarity on details of USMCA trade deal

Mexican businesses want clarity on details of USMCA trade deal

After the initial euphoria had subsided, Mexican business leaders emerged bruised and resigned to a new stricter trade deal with the United States and Canada that could usher in more intrusive enforcement of labor rules in Mexico.



6 years ago
Germany to repay customers of insolvent Thomas Cook as insurance insufficient: report

Germany to repay customers of insolvent Thomas Cook as insurance insufficient: report

Germany is planning to repay customers of insolvent Thomas Cook as the tour operator's insurance cover is proving insufficient, broadcaster ARD reported, citing government sources.



6 years ago
Asian shares drift higher, pound eases on YouGov poll

Asian shares drift higher, pound eases on YouGov poll

Asian stocks extended earlier gains on Wednesday, although advances were patchy ahead of key central bank meetings while the pound wobbled as opinion polls pointed to a tight UK election later this week.



6 years ago
Thyssenkrupp's elevator unit seeks margin boost ahead of sale

Thyssenkrupp's elevator unit seeks margin boost ahead of sale

Thyssenkrupp's elevator unit, which has been put up for sale by the ailing conglomerate, aims to improve its profitability through cost cuts, more efficient factories and a higher share of lucrative service contracts, it said on Wednesday.



6 years ago