Latest News on private equities market

Democrats hope to cut for-profit schools off from federal funding

A bill introduced this month would ban the U.S. Department of Education from sending its federal grants and loans to for-profit colleges.

6 years ago

Wall Street opens mixed as Boeing offsets weak earnings reports

U.S. stocks opened mixed on Wednesday as Boeing rose after reaffirming the timeline for its grounded 737 MAX's return to service, countering losses from Caterpillar and Texas Instruments, which fell on weak forecasts.



6 years ago

Google claims 'quantum supremacy'; others say hold on a qubit

Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today's most powerful supercomputer thousands of years to crack.



6 years ago

Without deal, WeWork would have been out of money by next month, sources say

WeWork announced Tuesday that SoftBank will provide $5 billion in new financing and up to $3 billion in a tender offer for existing shareholders.

6 years ago

General Dynamics profit rises 7.3% on higher Gulfstream deliveries

Higher deliveries of Gulfstream jets boosted revenue at U.S. aerospace and defense company General Dynamics Corp , which reported a 7.3% rise in quarterly profit on Wednesday, but shares were flat in premarket trading after gaining 2.5% a day earlier.



6 years ago

Head of international 737 MAX review, NTSB chair to testify before Senate

The chair of a panel of international regulators that harshly criticized the Federal Aviation Administration's certification of the now grounded Boeing 737 MAX will testify Tuesday before a Senate committee, a statement from the committee showed.



6 years ago

Spirit Airlines close to agreeing major Airbus order: sources

U.S. budget carrier Spirit Airlines is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion at recent catalogue prices from Airbus , industry sources said.



6 years ago

Kraft Heinz sees potential in baby food, will keep Plasmon

Global packaged food group Kraft Heinz Co will keep baby food line Plasmon and plans to leverage its 'Made in Italy' credentials to expand the brand abroad, Kraft Heinz Co's general manager for Italy said.



6 years ago

General Dynamics profit rises but headwinds for jets in fourth-quarter send shares lower

Gulfstream jet deliveries helped General Dynamics Corp report a 7.3% rise in quarterly profit on Wednesday, but shares fell as much as 4% after company officials said the fourth quarter would see more deliveries of less-profitable refurbished aircraft.



6 years ago

Here's what every major analyst is expecting from Tesla earnings after the bell

Wall Street analysts predict what will happen with Tesla's earnings report on Wednesday after the bell.

6 years ago

Without deal, WeWork would have been out of money next week, sources say

WeWork announced Tuesday that SoftBank will provide $5 billion in new financing and up to $3 billion in a tender offer for existing shareholders.

6 years ago

Nasdaq eyes upside from free e-trades as profit tops expectations

Nasdaq Inc may see its market share of retail stock executions increase as a result of online brokers moving to free trades, the transatlantic exchange operator said on Wednesday after releasing better-than-expected quarterly financial results.



6 years ago

Boeing hit with new industrial setbacks as 737 MAX crisis deepens

Boeing Co cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo, piling new pressures on a rejigged senior management team on Wednesday as the continued safety grounding of its 737 MAX sliced third-quarter profits.



6 years ago

Sales of Eli Lilly diabetes drug Trulicity fall short, shares drop

Eli Lilly and Co third-quarter sales missed Wall Street estimates on Wednesday as rebates limited revenue from its top-selling diabetes drug Trulicity, and its shares fell about 4%.



6 years ago

Snap says DOJ, SEC drop probe on IPO disclosures

Snap Inc said on Wednesday that the U.S Department of Justice and the Securities and Exchange Commission were no longer investigating whether the company misled investors at the time of its March 2017 initial public offering.



6 years ago