Latest News on private equities market

Credit Suisse raises Disney price target, subscriber estimates after strong Disney+ debut

Credit Suisse raised its 12-month price target on the stock to $163 from $150.

6 years ago

The Social Security retirement age could go up. Here's why that change won't be easy

Restoring Social Security's solvency could require higher taxes, benefit cuts or a combination of both. Here's why one possible change, raising the full retirement age, is so controversial.

6 years ago

Trade talks between U.S. and China 'hit a snag' over farm purchases: WSJ

U.S.-China trade negotiations have 'hit a snag' over farm purchases, with China not wanting a deal that looks one-sided in the favor of the United States, the Wall Street Journal reported https://on.wsj.com/2CEYDR7 on Wednesday, citing people familiar with the matter.



6 years ago

Google Pay to offer checking accounts through Citi, Stanford Federal next year

Alphabet Inc's Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app in partnership with Citigroup Inc and a small credit union at Stanford University.



6 years ago

United Auto Workers union unveils ethics reforms after U.S. corruption probe

The United Auto Workers (UAW) on Wednesday announced a series of ethics reforms in answer to a spreading U.S. federal corruption probe that has resulted in charges or convictions for a number of former leaders of the union.



6 years ago

Black student loan borrowers are defaulting at nearly twice the rate of whites: NY Fed

Student loan borrowers from mostly black neighborhoods are almost twice as likely to default on their debt as borrowers from neighborhoods that are mostly white, according to research released Wednesday by the Federal Reserve Bank of New York.



6 years ago

Shares, bond yields slip on sour trade deal sentiment

Global equity markets and government bond yields fell on Wednesday as sentiment soured that a U.S.-China trade deal can be reached soon and on fears intensifying unrest in Hong Kong may lead to a Chinese crackdown.



6 years ago

S&P wobbles on fresh trade uncertainty; Disney lifts Dow

The S&P 500 and Nasdaq stock indexes slipped on Wednesday on fresh uncertainty over U.S.-China trade relations, while a jump in Walt Disney shares boosted the Dow.



6 years ago

WeWork third-quarter losses widen to $1.25 billion as expansion ramps up

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter widened to $1.25 billion from $497 million a year earlier as its money-losing shared-office business doubled in size with a record number of desks added to its network.



6 years ago

U.S. lawmakers question why Centrus awarded federal uranium contract

A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp , a company whose chief recently served as deputy at the department, won a federal contract to demonstrate a production method for a new nuclear power plant fuel.



6 years ago

Occidental Petroleum stepping up oil and gas asset sales: marketing document

Occidental Petroleum Corp is stepping up its oil and gas-producing property sales, adding land in Utah's Uinta Basin acquired as part of its $38 billion deal for Anadarko Petroleum, according to a marketing document seen by Reuters.



6 years ago

Chicago mayor rejects Uber's alternative tax proposal

Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying to resist any type of regulation by stirring up racial tensions.



6 years ago

ProPetro confirms U.S. SEC probe, accounting weaknesses

Oilfield services firm ProPetro Holding Corp on Wednesday said a board investigation had uncovered material weaknesses in its financial controls and an undisclosed related-party transaction with its former chief accountant.



6 years ago

Hyundai to make Santa Cruz pickups at Alabama plant in $410 million expansion

Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a $410 million expansion at the Alabama plant.



6 years ago

Trump threat of more China tariffs could hit consumer goods before Christmas

U.S. President Donald Trump's threat to jack up U.S. tariffs on Chinese goods if the world's two largest economies fail to reach a trade deal could raise the price of cellphones, laptops, and toys less than two weeks before Christmas.



6 years ago