Latest News on private equities market

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

7 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%.



7 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.



7 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.



7 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.



7 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.

7 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.



7 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.



7 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.



7 years ago
Encana plans move to the U.S., changes name

Encana plans move to the U.S., changes name

Canadian oil and gas producer Encana Corp said on Thursday it will redomicile to the U.S. and change its name to Ovintiv Inc.



7 years ago
Here's what every major analyst said about Apple's better-than-expected earnings report

Here's what every major analyst said about Apple's better-than-expected earnings report

The major Wall Street analysts said Apple's earnings report was better than they expected and are bullish on the company heading into the holiday season.

7 years ago
Price cuts, iPhone 11 timing drive Apple's uncertain China rebound: analysts

Price cuts, iPhone 11 timing drive Apple's uncertain China rebound: analysts

Apple Inc managed to largely stem a fall in China revenue in the September quarter thanks to the release-timing of the iPhone 11, a cheaper variant, and a bit of good luck, but analysts said the company's good fortunes might be shortlived.



7 years ago
Greek airline Sky Express partners with Qatar Airways

Greek airline Sky Express partners with Qatar Airways

Greek airline Sky Express said on Thursday it had signed an agreement with Qatar Airways to cooperate on flights connecting Doha with the Greek islands, in a boost to the country's key tourism industry.



7 years ago
Conte says crucial to keep jobs, plants in Italy in FCA-PSA deal

Conte says crucial to keep jobs, plants in Italy in FCA-PSA deal

Italy's Prime Minister Giuseppe Conte said that merger plan between Peugeot owner PSA and Fiat Chrysler Automobiles must keep jobs and factories in Italy, Italian media reported on Thursday.



7 years ago
Futures drop as U.S.-China trade worries resurface

Futures drop as U.S.-China trade worries resurface

U.S. stock index futures fell on Thursday as uncertainty around a potential trade deal between the United States and China overshadowed strong earnings reports from Apple and Facebook.



7 years ago