Latest News on private equities market

Citi plans to withdraw from two-thirds of foreign exchange platforms: FT

Citigroup Inc plans to compete on fewer foreign exchange platforms to win business from clients, Financial Times reported earlier on Wednesday, citing sources familiar with the matter.



5 years ago

Former Exxon CEO Rex Tillerson testifies in climate change fraud trial

Former Exxon Mobil Corp Chief Executive Officer Rex Tillerson answered questions on Wednesday about the oil major's methods of measuring potential costs of climate change, as he testified in a closely watched civil lawsuit accusing the company of hiding the costs from investors.



5 years ago

Fed expected to cut rates, but resilient economy may signal pause ahead

The Federal Reserve is expected to reduce interest rates on Wednesday, but new data showing resilient U.S. economic growth may make that rate cut the last for now.



5 years ago

As S&P 500 hits record highs, investors may be planning to take some risk off the table

As the market climbs to new highs, you might be tempted to ratchet back your exposure to stocks. But now is not the time to do that, experts say, unless you're in a couple of specific situations.

5 years ago

More than half of adults over 50 would rather die than do this

The prospect of living in a nursing care facility is so unsavory that 54% of adults over age 50 say they would rather die than reside in one, according to Nationwide Retirement Institute.

5 years ago

GM President Mark Reuss takes on additional leadership role

General Motors Co said on Wednesday President Mark Reuss would now oversee North America, South America, China and international regions.



5 years ago

Trump's attempt to force feed China U.S. farm products stymies trade talks

U.S. President Donald Trump's demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations.



5 years ago

White House says it still aims to sign U.S.-China trade deal next month

The Trump administration still expects to sign an initial trade agreement with China next month despite the cancellation of the APEC summit in Chile where officials had hoped to finalize the pact, the White House said on Wednesday.



5 years ago

Boeing CEO to face tough questions from U.S. lawmakers

Boeing Co Chief Executive Dennis Muilenburg will begin the first of two days of testimony Tuesday before U.S. lawmakers and will face tough questions on the crashes of two 737 MAX planes, which killed 346 people and sparked calls for reforms.



5 years ago

Futures tick lower on mixed earnings reports

U.S. stock index futures edged lower on Tuesday as investors assessed a mixed batch of earnings reports, including from Google parent Alphabet and big drugmakers Merck and Pfizer.



5 years ago

ConocoPhillips profit beats estimates on higher production

U.S. oil and gas company ConocoPhillips' quarterly profit shot ahead of analysts' estimates on Tuesday, as higher shale production offset the impact from lower crude prices and higher exploration costs.



5 years ago

Facebook, Google, Twitter urged to do more to combat fake news in EU

Facebook , Google and Twitter must do more to tackle fake news or face regulatory action, the European Commission said on Tuesday.



5 years ago

Goldman says there are three big stock buyers that will keep the record rally going

Corporations, foreign investors and U.S. households are the three big market forces which could continue to drive demand for U.S. equities.

5 years ago

Pfizer beats profit estimates, raises 2019 earnings forecast

Pfizer Inc posted a third-quarter profit well ahead of analysts' estimates on higher sales of breast cancer drug Ibrance and raised its earnings forecast for the year, sending the largest U.S. drugmaker's shares up 3%.



5 years ago

Here's what every major analyst thinks about Alphabet's earnings miss

Major Wall Street analysts were sticking by Alphabet's stock after the company reported solid but unspectacular earnings on Monday after the bell.

5 years ago