Latest News on private equities market

SunPower to separate solar panel unit from storage, shares rise

SunPower to separate solar panel unit from storage, shares rise

U.S. solar company SunPower said on Monday it would split into two publicly traded companies, separating most of its solar panel manufacturing operations from storage and energy services, sending its shares up as much as 15%.



6 years ago
Boeing now says it expects 737 MAX to resume commercial service in January

Boeing now says it expects 737 MAX to resume commercial service in January

Boeing Co said Monday it now expects its grounded 737 MAX to resume commercial service in January as it works to address questions from regulators over its documentation for revisions to the plane's software.



6 years ago
Smaller, thinner, less sweet snacks? Mondelez makes health drive

Smaller, thinner, less sweet snacks? Mondelez makes health drive

Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday.



6 years ago
Dollar, stocks slip amid trade deal uncertainty

Dollar, stocks slip amid trade deal uncertainty

The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump's remarks over the weekend suggested an end to the trade war with China was still not in sight, dashing recent investor optimism.



6 years ago
Exclusive: Occidental seeks up to $700 million for Anadarko assets in Wyoming, Colorado - sources

Exclusive: Occidental seeks up to $700 million for Anadarko assets in Wyoming, Colorado - sources

Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado that it acquired when it purchased Anadarko Petroleum, hoping the assets will fetch up to $700 million, according to people familiar with the matter.



6 years ago
Oil steadies as Cushing drawdown faces trade worries

Oil steadies as Cushing drawdown faces trade worries

Oil prices steadied on Monday after industry data showed a drop in stocks at the Cushing, Oklahoma, but trade concerns weighed after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs on China.



6 years ago
JPMorgan has a plan to help Amazon and Airbnb look more like banks

JPMorgan has a plan to help Amazon and Airbnb look more like banks

American Banker | Nov 6, 2019 JPMorgan Chase has long feared that technology giants will act more and more like banks. The firm’s surprising solution: help them do it. The bank has spent the last year developing an e-wallet tailored for companies such as Airbnb, Lyft and Amazon that it says could help online marketplaces

6 years ago
Uber's Kalanick sells 21% of his stake after share lockup expires

Uber's Kalanick sells 21% of his stake after share lockup expires

Uber Technologies Inc co-founder and former chief executive Travis Kalanick has sold nearly 21% of his stake in the ride-hailing company following the expiry of a so-called lockup period, a regulatory filing from late Friday showed.



6 years ago
Twitter wants your feedback on its deepfake policy plans

Twitter wants your feedback on its deepfake policy plans

Social media platform Twitter on Monday unveiled its plan for handling deepfake videos and other manipulated media, and called for feedback from the public.



6 years ago
Apple aims to launch AR Headset in 2022, AR Glasses by 2023: The Information

Apple aims to launch AR Headset in 2022, AR Glasses by 2023: The Information

Apple Inc is aiming to launch augmented-reality headset in 2022 and a sleeker pair of AR glasses by 2023, news website The Information reported on Monday, citing people familiar with the matter.



6 years ago
Here's how much more you'll pay for Medicare Part B in 2020

Here's how much more you'll pay for Medicare Part B in 2020

The Centers for Medicare & Medicaid Services has announced next year's Part B standard premium and deductible — which are about 7% higher than in 2019.

6 years ago
Maersk's head of operations Soren Toft steps down

Maersk's head of operations Soren Toft steps down

Denmark's Maersk said on Monday its Chief Operating Officer Soren Toft has decided to leave the company after two years at management level at the shipping group.



6 years ago
Wall Street falls as Trump, Hong Kong sour mood

Wall Street falls as Trump, Hong Kong sour mood

Wall Street's main indexes fell on Monday as comments by President Donald Trump dampened optimism around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor concerns.



6 years ago
Robinhood’s ‘infinite money’ glitch has reportedly drawn regulatory scrutiny

Robinhood’s ‘infinite money’ glitch has reportedly drawn regulatory scrutiny

Markets Insider | Ben Winck | Nov 8, 2019 Robinhood's "infinite leverage" glitch has placed the company back under regulator scrutiny, which could result in a fine, Bloomberg reported Thursday. One person on the WallStreetBets sub-Reddit — the forum where much of the discussion around the glitch has taken place — described the bug as

6 years ago
China's Jingye Group agrees outline deal to rescue British Steel

China's Jingye Group agrees outline deal to rescue British Steel

China's Jingye Group said on Monday it has reached a provisional deal to buy British Steel and promised to invest 1.2 billion pounds ($1.5 billion) over the next decade and save thousands of jobs.



6 years ago