Latest News on private equities market

Facebook removes 3.2 billion fake accounts, millions of child abuse posts

Facebook removes 3.2 billion fake accounts, millions of child abuse posts

Facebook Inc removed 3.2 billion fake accounts between April and September this year, along with millions of posts depicting child abuse and suicide, according to its latest content moderation report released on Wednesday.



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

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

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
Shares, bond yields slip on sour trade deal sentiment

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

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

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

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

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

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

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
Del Vecchio says aims to build stable Mediobanca shareholder base

Del Vecchio says aims to build stable Mediobanca shareholder base

Billionaire investor Leonardo Del Vecchio, Mediobanca's biggest shareholder, said on Wednesday he aimed to create a stable ownership base for the Italian investment bank and Generali, the insurance giant it effectively controls through a 13% stake.



6 years ago
One day ahead of deadline, Trump says he'll decide on auto tariffs 'soon'

One day ahead of deadline, Trump says he'll decide on auto tariffs 'soon'

U.S. President Donald Trump on Wednesday said he would make a decision soon on whether to impose tariffs on cars and auto parts imported into the United States but gave no other details.



6 years ago
MetLife sued for gender discrimination by ex-chief administrative officer

MetLife sued for gender discrimination by ex-chief administrative officer

MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a "bitch" and told she had to "choose between being pretty and being smart" while working at the insurance company.



6 years ago
Wall Street higher as Fed's Powell says economy in 'good shape'

Wall Street higher as Fed's Powell says economy in 'good shape'

Wall Street's main indexes rose on Wednesday as Federal Reserve Chair Jerome Powell said the domestic economy was in good shape and the central bank saw a "sustained expansion" ahead.



6 years ago
Disney+ streaming exceeds expectations with 10 million sign-ups, shares surge

Disney+ streaming exceeds expectations with 10 million sign-ups, shares surge

Walt Disney Co on Wednesday said its new streaming service, Disney+, reached 10 million sign-ups since launching the previous day from "extraordinary consumer demand," sending shares up 3.5%.



6 years ago