Latest News on private equities market

Global stocks climb on hopes for progress in trade; dollar up

World stock indexes rose on Monday as hopes for resolving the U.S.-China trade war bolstered investor optimism, and the U.S. dollar index edged higher.



5 years ago

7 in 10 Americans have cried over money. Here's what to do if you're one of them

A new survey finds that 7 in 10 Americans have shed actual tears over money woes. Here are the steps you can start to take to address those emotional triggers.

5 years ago

Opioid talks with Teva, distributors could resume Tuesday: attorney

Talks to reach a settlement of thousands of lawsuits stemming from the U.S. opioid addiction crisis could resume as soon as Tuesday, an attorney for local governments said on Monday.



5 years ago

Omer Ismail — Head of Marcus U.S. (Goldman Sachs’ Consumer Business)

Wharton Fintech via Medium | Peter Jankovsky | Sep 15, 2019 In our latest podcast, Peter Jankovsky (WG’20) is joined by Omer Ismail, the head of Goldman Sachs’ US consumer business. In this role, Omer oversees the Marcus by Goldman Sachs and Clarity Money businesses as well as the Goldman Sachs/Apple credit card partnership. Omer

5 years ago

Trump administration renews three-month license for Chevron in Venezuela

The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating energy company in Venezuela, to continue drilling in the country for another three months through Jan. 22.



5 years ago

Trade hopes move S&P 500 close to new record high

The benchmark S&P 500 stock index rose within striking distance of a record high on Monday as further signs of progress toward resolution of the U.S.-China trade war boosted shares in sectors sensitive to trade and the global economy.



5 years ago

SoftBank extends $5 billion debt financing offer to WeWork: sources

SoftBank Group Corp has made a $5 billion debt financing offer to keep WeWork afloat as part of a deal that would make the Japanese technology conglomerate the majority owner of the struggling U.S. office-space sharing start-up, people familiar with the matter said on Monday.



5 years ago

San Jose to propose turning PG&E into giant customer-owned utility: WSJ

San Jose, California's third-biggest city, is proposing to convert PG&E Corp into the country's largest customer-owned utility, the Wall Street Journal reported on Monday, citing the city's mayor.



5 years ago

This small stock may have just won earnings season already surging 33% in a single day

PetMed Express soared more than 30% on Monday after the online pet pharmacy said its quarterly profit topped Wall Street's estimates.

5 years ago

SoftBank's WeWork financing would lead to Adam Neumann's exit: sources

SoftBank Group Corp offered close to $10 billion to WeWork owner The We Company, its employees and its investors on Monday under a plan to keep the struggling U.S. office-space sharing start-up afloat that would lead to the exit of its co-founder and Chairman Adam Neumann, people familiar with the matter said on Monday.



5 years ago

Former Chevron exec seeks $500 million for post-sanctions Venezuela

The former chief of Chevron Corp's Latin American operations is moving to raise $500 million from big financial firms to invest in Venezuela once U.S. sanctions are eventually lifted, confident that political change will come and that foreign investment will be needed to boost sagging oil output.



5 years ago

White House allows Chevron to drill for oil in Venezuela for three more months

The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating energy company in Venezuela, to continue drilling in the country for another three months through Jan. 22.



5 years ago

Drug companies avert landmark opioids trial as talks on $48 billion settlement set to resume

Four large drug companies could resume talks on Tuesday to try to reach a $48 billion settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260 million deal to avert the first federal trial over their role in the U.S. opioid epidemic.



5 years ago

Global tocks climb on hopes for progress in trade; Canadian dollar gains

World stock indexes rose on Monday as signs of work to resolve the U.S.-China trade war bolstered investor hopes, while the Canadian dollar strengthened in the hours before results of the election for prime minister.



5 years ago

UBS, Simmons Energy pare bankers as shale M&A slows: sources

UBS Group AG and the energy arm of Piper Jaffray Companies have cut staff in their oil and gas investment banking teams, three people familiar with the matter said on Monday, as U.S. dealmaking continues to dry up.



5 years ago