Latest News on private equities market

Trade war fears are spoiling Apple's great quarter

The tech giant just reported stronger-than-expected earnings for the fourth quarter, but its stock is up only slightly.

5 years ago

Analysts are blown away by Apple's wearables business — It's growing at an astounding 50% clip

"Huge AirPod growth" helped drive Apple's earnings, Bernstein's Toni Soccanogahi said.

5 years ago

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Lazard Ltd said on Thursday it had axed about 200 employees after a review of its business, as the investment bank reported a 21% drop in third-quarter adjusted net income amid a slowdown in worldwide deal activity.



5 years ago

Uber pulls $40 million Colombia investment, citing regulatory uncertainty

Ride-hailing mobile application Uber said on Thursday it will not be basing a $40 million support and safety center in Colombia after all, because of a lack of regulatory stability in the Andean country.



5 years ago

Kraft Heinz investors cheer profit beat, plans to boost marketing

Kraft Heinz Co said on Thursday that it was spending more on marketing for key brands next year, after reporting better-than-expected third-quarter profit that sent shares up about 11%.



5 years ago

GM recalls 638,000 U.S. SUVs, trucks for unintended braking

General Motors Co is recalling 638,000 U.S. sport utility vehicles and pickup trucks because a wheel-speed sensor could fail and cause unintended braking, it said Thursday.



5 years ago

Wall Street falls on fresh trade jitters

U.S. stocks dropped on Thursday as uncertainty around a potential trade deal between United States and China overshadowed strong earnings reports from Apple and Facebook.



5 years ago

It's no longer just Democrats proposing to forgive student debt

Here's why a Republican, former Trump administration official is calling for student debt forgiveness.

5 years ago

Trump says U.S., China to announce new venue to ink trade deal soon

U.S. President Donald Trump said on Thursday the United States and China would soon announce a new site where he and Chinese President Xi Jinping will sign a "Phase One" trade deal after Chile canceled a planned summit set for mid-November.



5 years ago

Altria writes down Juul investment by $4.5 billion amid vaping backlash

Altria Inc took a $4.5 billion hit from its investment in embattled electronic-cigarette maker Juul Labs Inc on Thursday, the latest setback for the startup as a regulatory crackdown on vaping threatens to upend the fast-growing industry.



5 years ago

Mitt Romney has a new plan to fix Social Security. Critics say it isn't a solution

A new Congressional proposal calls for creating a bipartisan committee to tackle Social Security's funding issues. Some advocacy groups are worried that those plans could bring benefit cuts.

5 years ago

Thyssenkrupp board member commits to steel ahead of unit review

Thyssenkrupp will remain committed to its Steel Europe division, which faces 2,000 layoffs, a board member said on Thursday, just weeks before the conglomerate presents a new strategy for the division.



5 years ago

OPEC October oil output jumps on swift Saudi recovery: Reuters survey

OPEC oil output has bounced in October from an eight-year low as a rapid recovery in Saudi Arabian production from attacks on oil plants more than offset losses in Ecuador and voluntary curbs under a supply pact, a Reuters survey found.



5 years ago

Hong Kong unrest, stronger dollar weigh on Estee Lauder's FY forecast

Estee Lauder Cos Inc cut its full-year profit forecast on Thursday as it expects to take a hit from the ongoing unrest in Hong Kong and a stronger dollar, taking the sheen off its better-than-expected results and sending its shares down 5%.



5 years ago

World stocks fall from 20-month highs on trade talk concerns

World stock markets slid from 20-month highs on Thursday as uncertainty about a potential U.S.-China trade deal offset strong results from Apple and Facebook, while the dollar eased as investors mulled whether the Federal Reserve will cut rates further.



5 years ago