Latest News on private equities market

Here's the Ken Fisher audio that inflamed executives at a financial conference

The billionaire CEO of Fisher Investments compared winning prospective clients to meeting women at a bar, and saying "hey, I want to talk about what's in your pants." It's not the first time Fisher has made such remarks.

5 years ago

Wall Street rallies on trade deal hopes, focus shifts to Trump-Liu meeting

Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases.



5 years ago

FTC's antitrust chief, who spearheaded tech task force, to step down

The Federal Trade Commission, which works with the Justice Department to enforce antitrust law, will lose the head of the Bureau of Competition next month, Chairman Joe Simons said in a statement on Friday.



5 years ago

Space firm founded by billionaire Paul Allen sold to new owner

Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it was continuing operations after transitioning ownership, but did not name the new owner.



5 years ago

U.S. optimistic on trade talks; China open to partial deal

President Donald Trump and other U.S. officials on Friday signaled good news was coming in trade talks with China, while Beijing indicated it was open to a "partial" deal that would avoid a planned hike in tariffs on its goods.



5 years ago

Digital assets subject to money-laundering, disclosure laws: U.S. regulators

Three U.S. financial regulators on Friday issued a warning to firms with registered digital assets that they have an obligation to follow securities laws prohibiting money laundering and requiring disclosure of suspicious activity.



5 years ago

Wind-driven Los Angeles wildfire leaves 1 dead, forces 100,000 to flee

A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and engulfing acre upon acre of dry brush and chaparral as 100,000 residents were forced to flee.



5 years ago

Renault ousts CEO in drive to reboot Nissan alliance

Renault ousted chief executive Thierry Bollore on Friday, as the French carmaker and its Japanese partner Nissan seek to rekindle their alliance following the scandal-hit tenure of former alliance supremo Carlos Ghosn.



5 years ago

Stocks rally on trade talks; Brexit deal hopes boost pound

Global stocks and the euro rallied on Friday on signs of progress in U.S.-China trade talks and hopes that Britain was moving closer to a smooth exit from the European Union.



5 years ago

Wind-driven Los Angeles wildfire leaves one dead, forces 100,000 to flee

A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and devouring acre upon acre of dry brush and chaparral as 100,000 residents were forced to flee.



5 years ago

Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles

German carmaker Daimler is recalling hundreds of thousands of Mercedes-Benz vehicles including Sprinter van models over diesel emissions issues.



5 years ago

U.S.-China talks end amid growing hopes of trade war truce

U.S. officials on Friday signaled good news was coming after a second day of trade talks with China ended, boosting investor hopes that the world's two largest economies would agree to cool the fires of their 15-month tariff war.



5 years ago

Wall Street jumps on U.S.-China trade deal optimism

U.S. stocks rose sharply on Friday as hopes grew that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases.



5 years ago

Judge sees benefit in pausing lawsuits against OxyContin maker Purdue

A U.S. Bankruptcy Judge signaled support on Friday for a six-month pause to litigation led by 24 states against OxyContin maker Purdue Pharma LP to give the company time to settle thousands of lawsuits alleging it fueled a deadly nationwide opioid crisis.



5 years ago

Citi pays $30 million fine to settle real-estate violations: regulator

Citibank has agreed to pay a $30 million fine to settle charges of repeated violations of real estate holding rules and for failing to meet its commitment to take corrective actions, the U.S. Office of the Comptroller of the Currency (OCC) said on Friday.



5 years ago