Latest News on private equities market

U.S. prosecutors open criminal probe of opioid makers, distributors

U.S. prosecutors open criminal probe of opioid makers, distributors

Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare crisis, according to regulatory filings.



6 years ago
Australia's Westpac cut from home-loan scheme as scandal fallout spreads: The Australian

Australia's Westpac cut from home-loan scheme as scandal fallout spreads: The Australian

Australia's Westpac Banking Corp lost a bid to supply loans to a government home-deposit assistance scheme in a blow to its main income generator as it battles a money-laundering scandal, The Australian newspaper reported on Wednesday.



6 years ago
U.S., Canadian and Mexican representatives to meet on Wednesday: Politico

U.S., Canadian and Mexican representatives to meet on Wednesday: Politico

U.S., Canadian and Mexican representatives are set to meet in Washington on Wednesday to discuss the trade deal to replace the North American Free Trade Agreement, Politico reported on Tuesday, citing people familiar with the plans.



6 years ago
Dell cuts full-year revenue forecast on PC chip shortage

Dell cuts full-year revenue forecast on PC chip shortage

Dell Technologies Inc cut its full-year revenue forecast on Tuesday as its PC business grapples with a shortage of chips from Intel Corp , sending its shares down nearly 5% in extended trading.



6 years ago
U.S. judge partly vacates convictions of opioid maker Insys' founder, execs

U.S. judge partly vacates convictions of opioid maker Insys' founder, execs

A federal judge on Tuesday partially overturned the convictions of Insys Therapeutics Inc's founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury's verdict.



6 years ago
Asian shares climb on prospects of trade progress, low rates

Asian shares climb on prospects of trade progress, low rates

Asian shares ticked higher on Wednesday as more upbeat signals from Sino-U.S. trade talks fanned hopes of an imminent end to tariff hostilities, which helped offset concerns about a slowing U.S. economy.



6 years ago
Manchester City owner to sell $500 million stake valuing itself at $4.8 billion: FT

Manchester City owner to sell $500 million stake valuing itself at $4.8 billion: FT

The owner of English Premier League champions Manchester City is selling a $500 million stake to private equity firm Silver Lake, valuing the soccer club's owner at $4.8 billion, the Financial Times reported on Wednesday, citing people with knowledge of the deal.



6 years ago
Pressure mounts on Australia's Westpac board over money-laundering scandal

Pressure mounts on Australia's Westpac board over money-laundering scandal

Australia's Westpac Banking Corp came under mounting pressure on Wednesday to refresh it board after a money-laundering scandal claimed its chief executive and chairman.



6 years ago
Judge partly vacates convictions of opioid maker Insys' founder, executives

Judge partly vacates convictions of opioid maker Insys' founder, executives

A federal judge on Tuesday partially overturned the convictions of Insys Therapeutics Inc's founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury's verdict.



6 years ago
Oil dips after U.S. stock build; U.S.-China deal hopes support

Oil dips after U.S. stock build; U.S.-China deal hopes support

Oil fell on Wednesday after an industry report showed an unexpected build in U.S. crude inventories, but optimism around the signing of the first phase of a U.S.-China trade deal capped a deeper slide in prices.



6 years ago
Asian shares climb on Trump trade deal comments

Asian shares climb on Trump trade deal comments

Asian shares rose on Wednesday as upbeat signals from Sino-U.S. trade talks fanned hopes of an easing of tariff hostilities, while expectations the Federal Reserve will keep interest rates low supported sentiment.



6 years ago
Oil slips as U.S. stocks rise, but hopes for U.S.-China trade deal stem losses

Oil slips as U.S. stocks rise, but hopes for U.S.-China trade deal stem losses

Oil eased on Wednesday following an industry report showing a surprise build in U.S. crude stockpiles, but hopes surrounding the signing of the first phase of a U.S.-China trade deal prevented a bigger drop in prices.



6 years ago
Factbox: Five years of Australian finance scandals

Factbox: Five years of Australian finance scandals

The CEO and chairman of Australia's Westpac Banking Corp are out after financial crime watchdog AUSTRAC accused the bank of 23 million breaches of anti-money laundering laws, including payments related to child exploitation.



6 years ago
Choosing Medicare is one of the most high-stakes decisions in retirement. How advisors can make sure clients get it right

Choosing Medicare is one of the most high-stakes decisions in retirement. How advisors can make sure clients get it right

Turning 65 is a big milestone in retirement due to Medicare eligibility. But if clients don't get their enrollment decision right, they could face costly penalties or higher medical expenses. Here's what advisors need to keep in mind — and what they need to think about if they want to loop in third-party expertise.

6 years ago
Bootstrapping Your Startup: The Pros & Cons

Bootstrapping Your Startup: The Pros & Cons

Getting funded can be nearly impossible when your product doesn’t exist yet, which is why many entrepreneurs take the bootstrapping approach. Continue reading →

6 years ago