Latest News on private equities market

New PSA-Fiat Chrysler management to try to improve cost savings: PSA CEO

New PSA-Fiat Chrysler management to try to improve cost savings: PSA CEO

The value of the cost savings announced in the planned merger between Peugeot owner PSA and Fiat Chrysler is nominal, and its management will try to improve that over time, PSA's chief executive told French BFM Business radio on Friday.



6 years ago
Rare permit for Keystone oil pipeline in spotlight after spills

Rare permit for Keystone oil pipeline in spotlight after spills

The massive Keystone pipeline has been transporting oil from Canada to the United States at a higher-than-standard level of pressure since it started operating in 2010, thanks to a special permit granted by U.S. regulators on the condition operator TC Energy Corp would monitor the line closely.



6 years ago
Asian shares ease from six-month highs on U.S.-China trade angst

Asian shares ease from six-month highs on U.S.-China trade angst

Asian stocks retreated from six-month highs on Friday as conflicting signals from China and the United States on progress made in trade talks deflated market hopes of a near term truce to end their damaging tariff war.



6 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.

6 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.

6 years ago
WeWork data shows growth still doubling

WeWork data shows growth still doubling

WeWork owner The We Company disclosed data on Friday that showed expansion of its office-sharing business was almost doubling in size from a large pipeline of leases even as the money-losing company plans to slash costs and reduce its headcount.



6 years ago
Amazon long-time executive Steve Kessel to step down

Amazon long-time executive Steve Kessel to step down

E-commerce giant Amazon.com Inc's long-serving executive Steve Kessel will leave the company after 20 years, a company spokesperson told Reuters on Friday.



6 years ago
Southwest and American pull 737 MAX until early March, nearly a year after grounding

Southwest and American pull 737 MAX until early March, nearly a year after grounding

Southwest Airlines and American Airlines Group Inc said on Friday they are extending Boeing 737 MAX cancellations until early March, just shy of the one-year anniversary of an Ethiopian Airlines crash of the jet that led to a worldwide grounding.



6 years ago
Tesla's Musk, Greenlight's Einhorn taunt each other on Twitter

Tesla's Musk, Greenlight's Einhorn taunt each other on Twitter

Tesla Inc Chief Executive Officer Elon Musk and noted short-seller David Einhorn mocked each other in open letters published on Twitter on Friday, trading barbs clothed in polite language.



6 years ago
White House optimistic on prospects for China trade deal, official tells CNBC

White House optimistic on prospects for China trade deal, official tells CNBC

The White House is "very optimistic" it will reach a so-called phase one trade pact with China before the end of the year, a senior administration official said on Friday, adding that a deal would likely be struck before more tariffs take effect in mid-December.



6 years ago
WeWork to divest all non-core businesses

WeWork to divest all non-core businesses

The We Company, owner of office-space sharing company WeWork, disclosed on Friday it will divest all non-core businesses and reduce headcount across its ventures as part of a 90-day plan.



6 years ago
General Dynamics wins $732 million U.S. defense contract: Pentagon

General Dynamics wins $732 million U.S. defense contract: Pentagon

General Dynamics Corp has been awarded a $732 million U.S. defense contract for sustainment of the Mobile User Objective System ground system, a narrowband military satellite communications system, the Pentagon said on Friday.



6 years ago
American Airlines follows Southwest in pulling 737 MAX until early March

American Airlines follows Southwest in pulling 737 MAX until early March

American Airlines Group Inc said on Friday it is extending cancellations of Boeing Co 737 MAX flights through March 4, 2020, mirroring an earlier announcement by Southwest Airlines .



6 years ago
Southwest pulls 737 MAX until March, nearly a year after grounding

Southwest pulls 737 MAX until March, nearly a year after grounding

Southwest Airlines said on Friday it is extending Boeing 737 MAX cancellations until March 6, 2020, just shy of the one-year anniversary of an Ethiopian Airlines crash of the jet that led to a worldwide grounding.



6 years ago
Disney pops 3% as streaming hopes trump earnings decline: Market 'sensing big things are brewing'

Disney pops 3% as streaming hopes trump earnings decline: Market 'sensing big things are brewing'

Disney shares jump as Wall Street analysts got excited about the media giant rolling out its streaming service soon.

6 years ago