Latest News on private equities market

Wall Street falls on U.S.-China trade jitters

Wall Street falls on U.S.-China trade jitters

U.S. stocks dropped on Thursday as worries that the United States and China may not be able to strike a trade deal cast a shadow over strong earnings reports from Apple and Facebook.



6 years ago
Trump says Fed hurting U.S. competitiveness, needs to cut rates more

Trump says Fed hurting U.S. competitiveness, needs to cut rates more

U.S. President Donald Trump on Thursday launched a broadside against the Federal Reserve and its chairman, Jerome Powell, saying the central bank's policies were hurting U.S. competitiveness.



6 years ago
Fintech’s fast pass to traditional banking is now cut off

Fintech’s fast pass to traditional banking is now cut off

CNBC | Kate Rooney | Oct 24, 2019 Key Points A ruling by a federal judge this week pours cold water on some tech companies’ plans to quickly become a bank. The New York judge ruled that the Office of the Comptroller of the Currency, the regulator issuing the charters, didn’t have the authority to

6 years ago
Corteva signals hit from delayed planting in Brazil, slowing China

Corteva signals hit from delayed planting in Brazil, slowing China

Corteva Inc said on Thursday demand for grains and oilseeds could be hit by a delayed soybean planting in Brazil and cooling growth in China and emerging economies, sending its shares down 8%.



6 years ago
Kraft Heinz beats profit estimates, plans to boost marketing; shares surge

Kraft Heinz beats profit estimates, plans to boost marketing; shares surge

Kraft Heinz Co will spend more on marketing for key brands widely thought to have been neglected after reporting on Thursday that lower costs helped it beat third-quarter profit expectations, sending shares up 13% in midday trading.



6 years ago
Oil prices decline on U.S. pipe disruptions, weak Chinese data

Oil prices decline on U.S. pipe disruptions, weak Chinese data

Oil prices were nearly 2% lower on Thursday after a leak on a key U.S. pipeline disrupted supply flows and on data showing weak factory activity in China.



6 years ago
Exclusive: WhatsApp hacked to spy on top government officials at U.S. allies - sources

Exclusive: WhatsApp hacked to spy on top government officials at U.S. allies - sources

Senior government officials in multiple U.S.-allied countries were targeted earlier this year with hacking software that used Facebook Inc's WhatsApp to take over users' phones, according to people familiar with the messaging company's investigation.



6 years ago
Here's why a Republican former Trump administration official wants to forgive student debt

Here's why a Republican former Trump administration official wants to forgive student debt

Here's why a Republican former Trump official is calling for student debt forgiveness.

6 years ago
Dunkin' profit beats as costs dip, defends in competitive breakfast and coffee market

Dunkin' profit beats as costs dip, defends in competitive breakfast and coffee market

Dunkin' Brands Group Inc reported better-than-expected quarterly profit amid lower costs on Thursday and raised its forecast for 2019, betting on investments to improve delivery and new menu items to boost growth.



6 years ago
Bombardier shares rise on target commitment, asset sales

Bombardier shares rise on target commitment, asset sales

Bombardier Inc said on Thursday it would meet a key 2019 target and announced a deal worth more than $1 billion with Spirit Aerosystems , sending shares up nearly 7% despite reporting it burned more cash than expected.



6 years ago
Twitter says tech tools remove one in two abusive tweets in first-half

Twitter says tech tools remove one in two abusive tweets in first-half

Twitter's technology tools removed one in two tweets containing abusive content posted in the first half of this year, it said on Thursday, amid calls to the U.S. social media company and its peers to do more to tackle the issue.



6 years ago
ICE feels regulatory freeze on NYSE, overall profits rise

ICE feels regulatory freeze on NYSE, overall profits rise

Intercontinental Exchange Inc does not expect market data sales from the New York Stock Exchange to contribute to near-term revenue growth due to regulatory and legal gridlock, the company said on Thursday after posting better-than-expected quarterly profits.



6 years ago
FTC probes Altria for role in Juul executive changes

FTC probes Altria for role in Juul executive changes

U.S. antitrust enforcers are probing Altria Group Inc for potentially exerting influence over vaping maker Juul Labs Inc before winning approval for a big share buy, Altria said in a government filing on Thursday.



6 years ago
European labor unions fret about jobs in Fiat Chrysler-PSA deal

European labor unions fret about jobs in Fiat Chrysler-PSA deal

European labor unions have called on Peugeot owner PSA and Fiat Chrysler to avoid job cuts and factory closures as the two major carmakers prepare to tie the knot, underscoring worries about the $50 billion deal as the regional economy falters.



6 years ago
Cigna raises 2019 forecast as Express Scripts buyout pays off

Cigna raises 2019 forecast as Express Scripts buyout pays off

Cigna Corp raised its full-year earnings target on Thursday, after reporting a better-than-expected quarterly profit, boosted by its acquisition of pharmacy benefits manager Express Scripts last year.



6 years ago