Latest News on private equities market

Germany's economic pain is here to stay

Germany's economic pain is here to stay

It was meant to be a fleeting slowdown for Europe's economic powerhouse, followed by a rapid rebound.



7 years ago
U.S. CFTC orders Wells Fargo to pay $14 million over unfair foreign exchange trade

U.S. CFTC orders Wells Fargo to pay $14 million over unfair foreign exchange trade

The U.S. Commodity Futures Trading Commission ordered Wells Fargo & Co to pay more than $14 million to settle charges it provided "misinformation" when conducting a large foreign exchange trade with a counterparty, the agency said in a statement on Friday.



7 years ago
Why these investors might face a surprise tax bill around the corner

Why these investors might face a surprise tax bill around the corner

There's a downside to strong stock markets: Mutual funds that you're holding in a taxable account might be offloading some hefty gains in December. Why you could face a surprise tax.

7 years ago
Activist investor Carl Icahn sells nearly a third of his Occidental Petroleum stake

Activist investor Carl Icahn sells nearly a third of his Occidental Petroleum stake

Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its $38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders he released Friday.



7 years ago
Siemens CEO deplores admiration for 'pot smoker' after his deputy praised Tesla

Siemens CEO deplores admiration for 'pot smoker' after his deputy praised Tesla

Siemens Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his own deputy praised Tesla's CEO Elon Musk.



7 years ago
Wall Street treads water as trade-fueled rally pauses

Wall Street treads water as trade-fueled rally pauses

Wall Street halted a record run on Friday as U.S. President Donald Trump contradicted reports that the United States and China would roll back existing tariffs.



7 years ago
FCC orders station groups to negotiate with AT&T in DirecTV dispute

FCC orders station groups to negotiate with AT&T in DirecTV dispute

The Federal Communications Commission on Friday said it was directing nine broadcast station groups to return to the negotiating table over whether to allow local stations to air on AT&T Inc's DirectTV after some consumers have been without access for five months.



7 years ago
Gap says still planning Old Navy spin-off as CEO departs

Gap says still planning Old Navy spin-off as CEO departs

Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned its commitment to the project following the surprise exit of Chief Executive Officer Art Peck.



7 years ago
How I conquered the 8 biggest fears about starting a business

How I conquered the 8 biggest fears about starting a business

Ravin Gandhi sold his manufacturing company to a multibillion-dollar Japanese conglomerate, but his big success almost never happened. Gandhi says eight fears typically experienced by young entrepreneurs almost stopped him.

7 years ago
Trade deal doubts clip world stock rally, oil falls

Trade deal doubts clip world stock rally, oil falls

Oil prices fell and global equity markets slid on Friday, halting a week-long rally on hopes an end to the U.S.-China trade war was near, as investors parsed statements from Beijing and Washington on where they stand on rolling back tariffs.



7 years ago
Total says to avoid fuel shortage as strike escalates at Feyzin refinery

Total says to avoid fuel shortage as strike escalates at Feyzin refinery

French energy major Total said on Friday it was taking measures to avoid fuel and other products shortages after striking workers blocked distribution from its 110,000 barrels-per-day Feyzin refinery.



7 years ago
S&P 500, Nasdaq open lower as trade-fueled rally pauses

S&P 500, Nasdaq open lower as trade-fueled rally pauses

The S&P 500 and Nasdaq indexes opened slightly lower on Friday after a record run this week fueled by rising hopes of a U.S.-China trade truce and an upbeat corporate earnings season.



7 years ago
Even Facebook’s Libra can’t escape the fintech establishment

Even Facebook’s Libra can’t escape the fintech establishment

FastCompany | Howard Yu and Jialu Shan | Nov 6, 2019 Despite Facebook’s reach, IMD professor Howard Yu and research fellow Jialu Shan break down how its Libra digital currency is no match for legacy financial institutions. To understand the impact of Visa’s and Mastercard’s withdrawal to Libra is to understand their enormous influence in

7 years ago
EasyJet, Jet2.com buy Thomas Cook's UK airport slots

EasyJet, Jet2.com buy Thomas Cook's UK airport slots

British budget airlines easyJet and Jet2.com have bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Manchester airports, respectively.



7 years ago
Value stocks have 'never been this cheap,' Bank of America says

Value stocks have 'never been this cheap,' Bank of America says

Value stocks, those with stable fundamentals and subpar valuations, haven't been this cheap since the financial crisis, according to Bank of America.

7 years ago