Latest News on private equities market

Ericsson to pay over $1 billion to resolve U.S. corruption probes

Ericsson to pay over $1 billion to resolve U.S. corruption probes

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday.



6 years ago
Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims

Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims

California's bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state's modern history.



6 years ago
Proxy adviser ISS opposes plan by Hudson's Bay chairman to take firm private

Proxy adviser ISS opposes plan by Hudson's Bay chairman to take firm private

Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson's Bay Co to take the Saks Fifth Avenue owner private after the bid was topped by an offer from Catalyst Capital Group Inc.



6 years ago
Mexico says 'good progress' on trade deal although work remains

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.



6 years ago
Mexico official lauds progress on trade deal but says work remains

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.



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

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.



6 years ago
Student loan borrowers could see big changes in 2020

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.

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

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.



6 years ago
Wall Street opens higher after strong jobs data, calmer tone on trade

Wall Street opens higher after strong jobs data, calmer tone on trade

U.S. stocks opened higher on Friday, after data showed domestic job growth increased by the most in 10 months in November, adding to an upbeat mood after President Donald Trump said the trade talks with China were "moving right along".



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

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.



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

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.



6 years ago
Elon Musk should pay $190 million for defamatory 'nuclear bomb,' plaintiff's lawyer says

Elon Musk should pay $190 million for defamatory 'nuclear bomb,' plaintiff's lawyer says

Tesla founder Elon Musk should pay at least $190 million in damages for defaming a British cave explorer in tweets that suggested he was a pedophile and were like a "nuclear bomb," the plaintiff's lawyer said on Friday.



6 years ago
Ericsson agrees to pay over $1 billion to resolve U.S. corruption probes

Ericsson agrees to pay over $1 billion to resolve U.S. corruption probes

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday.



6 years ago
Tesla boss Elon Musk wins defamation trial sparked by 'pedo guy' tweet

Tesla boss Elon Musk wins defamation trial sparked by 'pedo guy' tweet

Tesla Inc boss Elon Musk gained a stunning legal victory on Friday as a federal court jury swiftly rejected the $190 million defamation claim brought by a British cave explorer who Musk had branded a "pedo guy" on Twitter.



6 years ago
Tesla Inc boss Elon Musk wins defamation trial over 'pedo guy' tweet

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

A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla Inc boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.



6 years ago