Latest News on private equities market

Oil steadies on U.S.-China trade talks optimism

Oil steadies on U.S.-China trade talks optimism

Oil prices were little changed on Monday as positive comments from the United States and China rekindled hopes in global markets that the world's two largest economies could soon sign an interim deal to end their trade war.



6 years ago
McDonald's to pay $26 million to settle California wage lawsuit

McDonald's to pay $26 million to settle California wage lawsuit

McDonald's Corp agreed to pay $26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California.



6 years ago
World share markets rally on revived trade hopes; gold slips

World share markets rally on revived trade hopes; gold slips

Gold fell for a fourth straight session and global equity markets rallied on Monday, with the Nasdaq and S&P 500 hitting new highs on revived hopes the United States and China could soon sign an interim deal to end their prolonged trade war.



6 years ago
China and U.S. moving closer to trade deal, but no agreement on tariff rollbacks: report

China and U.S. moving closer to trade deal, but no agreement on tariff rollbacks: report

China and the United States are "moving closer to agreeing" on a "phase one" trade deal, the Global Times, a tabloid run by the ruling Communist Party's official People's Daily, reported on Sunday.



6 years ago
Brazil minister says it's 'impossible' to put value on Eletrobras privatization

Brazil minister says it's 'impossible' to put value on Eletrobras privatization

Brazil's mines and energy minister said on Monday it is "impossible" to say how much the privatization of state-run power company Eletrobras SA will raise, despite an earlier government estimate of 16.2 billion reais ($3.84 billion).



6 years ago
GE brings in shipper Maersk's CFO as finance chief

GE brings in shipper Maersk's CFO as finance chief

General Electric Co on Monday named finance head at shipper AP Moller-Maersk as its new chief financial officer in the latest top-level change aimed at turning around the U.S. industrial conglomerate.



6 years ago
EBay to sell ticketing unit StubHub for $4.05 billion

EBay to sell ticketing unit StubHub for $4.05 billion

EBay Inc will sell its ticketing unit, StubHub, in an all-cash $4.05 billion deal to ticket reseller Viagogo Ltd, the companies said on Monday, nearly a year after the ecommerce major came under pressure from activist investors to hive off some of its businesses.



6 years ago
Here's what advisors can anticipate amid the $26 billion Charles Schwab-TD Ameritrade tie-up

Here's what advisors can anticipate amid the $26 billion Charles Schwab-TD Ameritrade tie-up

TD Ameritrade has historically catered to small registered investment advisory firms, so Schwab's acquisition of TD has some advisors spooked.

6 years ago
Here's the tax bill on the $226 million Mega Millions jackpot

Here's the tax bill on the $226 million Mega Millions jackpot

Before the winner would even get a penny, $37 million would be withheld for federal taxes. Much more would likely be due at tax time.

6 years ago
Morgan Stanley says forecasting just the next two months, let alone 2020, is hard right now

Morgan Stanley says forecasting just the next two months, let alone 2020, is hard right now

Wall Street strategists are releasing their 2020 predictions, but with so many unknowns in the market forecasting for even just the next few months is difficult.

6 years ago
Factbox: M&As in vogue for luxury retailers seeking growth

Factbox: M&As in vogue for luxury retailers seeking growth

Louis Vuitton owner LVMH snapped up U.S. jeweler Tiffany & Co on Monday for $16.2 billion in its largest buyout ever, adding America's biggest luxury name to its stable of brands.



6 years ago
Texas settles with T-Mobile, Sprint over merger: statement

Texas settles with T-Mobile, Sprint over merger: statement

Texas' attorney general has settled with T-Mobile Inc and Sprint Corp and will drop its opposition to a merger of the third and fourth largest U.S. wireless carriers.



6 years ago
Eight electric pickup truck manufacturers to load up U.S. market by 2021

Eight electric pickup truck manufacturers to load up U.S. market by 2021

Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021.



6 years ago
'China is the enemy' on trade, not Trump — Cramer blasts media over love of Chinese leader Xi

'China is the enemy' on trade, not Trump — Cramer blasts media over love of Chinese leader Xi

CNBC's Jim Cramer says the mainstream media wrongly thinks that "'Xi is a great Chinese man with great Democratic leanings; member of the WTO. And we have a madman as president.'"

6 years ago
Charles Schwab to buy TD Ameritrade in $26-billion blockbuster brokerage deal

Charles Schwab to buy TD Ameritrade in $26-billion blockbuster brokerage deal

Charles Schwab Corp agreed on Monday to buy TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, creating a brokerage giant in a market that has been ravaged by price wars.



6 years ago