Latest News on private equities market

Justice Department issues grand jury subpoenas in J&J opioid probe: filing

Johnson & Johnson received grand jury subpoenas in August from the U.S. attorney's office for the Eastern District of New York related to its opioid medication policies, the company said in a regulatory filing on Monday.



5 years ago

California regulator to investigate utilities' mass fire-prevention power outages

The California Public Utilities Commission on Monday said it would open a formal investigation of wide-scale precautionary power outages imposed by several utilities this month as high winds posed heightened wildfire risks across the state.



5 years ago

TSMC, GlobalFoundries settle patent disputes

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and smaller contract chipmaking rival GlobalFoundries Inc on Monday agreed to dismiss all patent litigations between themselves and those that involve their customers.



5 years ago

GM, Toyota, Fiat Chrysler back Trump on California emissions challenge

General Motors Co , Toyota Motor Corp , Hyundai Motor Co , Fiat Chrysler Automobiles NV and other major automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission vehicles requirements.



5 years ago

Google's search for sales in cloud, hardware clip Alphabet profit

Google parent Alphabet Inc reported quarterly results on Monday that show costs continue to rise faster than revenue as the web search leader seeks to broaden its business, dampening Wall Street's enthusiasm despite Google's continued dominance in advertising sales.



5 years ago

Oil prices edge lower ahead of inventory data

Oil prices edged lower in quiet trade on Tuesday as concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing, while investors awaited U.S. inventory data.



5 years ago

Asia shares reach three-month peak as risk embraced

Asian shares scaled a three-month high on Tuesday after Wall Street hit all-time peaks amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.



5 years ago

California utility PG&E's stock tumbles as wildfire spreads

Shares of bankrupt California power utility PG&E Corp extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in northern California.



5 years ago

Australian regulator files lawsuit against Google for data collection

Australia's consumer regulator filed a lawsuit against Alphabet Inc's Google on Tuesday, alleging it misled consumers about how it was collecting, storing and using personal location data.



5 years ago

Oil prices edge lower ahead of U.S. stockpile numbers

Oil prices slipped on Tuesday as investors awaited U.S. crude inventory data for a pointer on oil demand trends, while concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing.



5 years ago

California regulator to probe utilities' mass power outages aimed at preventing fires

California regulators said on Monday they will open a formal probe of whether utilities violated any rules by cutting power to millions of residents for days as a precaution during recent periods of high winds and heightened wildfire risks.



5 years ago

Asia shares edge higher, eyes turn to Fed

Asian shares rose to a three-month peak on Tuesday after Wall Street hit all-time highs amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.



5 years ago

Japan tax agency finds Ghosn used Nissan money for private use: report

Japan's tax authorities have determined former Nissan Motor Co Ltd boss Carlos Ghosn used company money for private use, bolstering the automaker's case that he diverted corporate funds for personal gain, the Yomiuri reported on Tuesday.



5 years ago

China should ease regulations for foreign financial institutions - HSBC executive

China should ease regulations so that foreign financial institutions can obtain licenses and raise deposits more easily in the country, a senior executive from HSBC said on Sunday.



5 years ago

China studying blockchain application for forex - regulator

China is studying the application of blockchain and artificial intelligence in cross-border financing with a focus on risk management, and will further liberalize its capital markets, a senior foreign exchange regulator said on Sunday.



5 years ago