Latest News on private equities market

Apple, Boeing keep Wall Street afloat, weak earnings stoke growth fears

Wall Street was supported by gains in Apple and Boeing shares on Wednesday, though weak earnings from Caterpillar and Texas Instruments raised concerns of an impact from the U.S.-China trade war on global growth.



5 years ago

Teva’s proposed opioid settlement could cost drugmaker pennies on the dollar

Teva Pharmaceutical Industries Ltd's proposed $23 billion drug giveaway to settle thousands of U.S. opioid lawsuits will likely cost the company a fraction of that figure due to how it has valued those medicines, according to a Reuters review of pricing data and industry analysts.



5 years ago

Facebook's Zuckerberg grilled in U.S. Congress on digital currency, privacy, elections

Facebook Inc CEO Mark Zuckerberg conceded on Wednesday that the company's planned digital currency Libra was a "risky project," but sought to reassure skeptical U.S. lawmakers that it could lower the cost of electronic payments and open up the global financial system to more people.



5 years ago

WeWork plans to lay off 4,000 staff - FT

Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put in place by top shareholder Japan's SoftBank Group after it took control of the company this week, Financial Times reported on Wednesday.



5 years ago

Hedge fund titan Paul Tudor Jones is apparently a fan of presidential hopeful Pete Buttigieg

Billionaire hedge fund investor Paul Tudor Jones voices his support for Democrat Pete Buttigieg at a recent gala, according to a report.

5 years ago

American drivers warming to self-driving cars - survey

About 40% of adult Americans drivers are leaning more to buying self-driving cars in the future as they look to snack, chat on their phone or catch up on email while the car drives itself, a survey by Adobe Analytics showed on Wednesday.



5 years ago

Brazil narrows field to China, Russia, France for Angra 3 nuclear partner

Brazil's state nuclear power company Eletronuclear plans to complete its long-delayed Angra 3 plant by partnering with either China's National Nuclear Corporation (CNNC), France's EDF or Russia's Rosatom, its president Leonam Guimaraes told Reuters.



5 years ago

Here's why you might owe taxes on that scholarship

Uncle Sam wants his share of your scholarship. Here's a surprise for families seeking financial aid: Under certain circumstances, those free dollars for higher education may come with a tax hit.

5 years ago

Google unveils computer with 'quantum supremacy', rivals say wait a qubit

Alphabet Inc's Google said on Wednesday it achieved a breakthrough in computing research by using a quantum computer to solve in minutes a complex problem that would take today's most powerful supercomputer thousands of years to crack.



5 years ago

OSC LaunchPad approves TokenGX (Tokenfunder) to Operate Secondary Market Trading Platform

OSC Launchpad | Pat Chaukos | Oct 22, 2019 Background on TokenGX decision on Exemptive Release The Ontario Securities Commission (OSC), through the OSC LaunchPad, engages with fintech businesses that have innovative products, services or applications that benefit investors.  OSC LaunchPad assists businesses in navigating regulatory requirements and offers flexible approaches for them to fulfill

5 years ago

Billionaire investor Jeffrey Vinik closes hedge fund less than a year after its relaunch

Jeffrey Vinik, the billionaire investor who relaunched his hedge fund earlier this year, is cutting his comeback tour short.

5 years ago

Exclusive: U.S. FAA must restore 'public confidence' in plane certification - inspector general

The Federal Aviation Administration (FAA) must work to restore "public confidence" in aircraft certification efforts after two deadly Boeing 737 MAX crashes, the U.S. Transportation Department's inspector general said Wednesday in a report seen by Reuters.



5 years ago

Wall Street treads water as chip stocks, Nike fall

The benchmark S&P 500 was little changed on Wednesday as lackluster quarterly reports from Texas Instruments Inc pushed down semiconductor stocks and the departure of Nike Inc's chief executive weighed on the company's shares.



5 years ago

Brazil court approves contract draft for transfer of rights oil deal

Brazil's federal audits court on Wednesday approved a draft contract for a massive transfer of rights oil deal between state-run oil firm Petroleo Brasileiro SA , better known as Petrobras, and the government.



5 years ago

Sterling edges up as EU considers Brexit request; stocks flat

World stock indexes were flat to lower on Wednesday with a disappointing forecast from Texas Instruments dragging down chipmaker shares, while the British pound inched up as European Union leaders consider London's request for a Brexit delay.



5 years ago