Latest News on private equities market

WhatsApp sues Israel's NSO for allegedly helping spies hack phones around the world

WhatsApp sues Israel's NSO for allegedly helping spies hack phones around the world

WhatsApp sued Israeli surveillance firm NSO Group on Tuesday, accusing it of helping government spies break into the phones of roughly 1,400 users across four continents in a hacking spree whose targets included diplomats, political dissidents, journalists and senior government officials.



6 years ago
Amgen third-quarter revenue falls 3%, biosimilar sales rise

Amgen third-quarter revenue falls 3%, biosimilar sales rise

Amgen Inc on Tuesday said competition for older off-patent drugs sent third-quarter revenue down 3%, but share repurchases and biosimilar sales helped it achieve higher-than-expected profit, and the company raised its full-year outlook.



6 years ago
Mattel revenue beats on Barbie dolls, BTS K-pop band toys

Mattel revenue beats on Barbie dolls, BTS K-pop band toys

Mattel Inc reported a surprise jump in quarterly revenue on Tuesday as newer models energized demand for its flagship Barbie brand, while the launch of dolls based on Korean pop-sensation BTS lifted international sales.



6 years ago
Study says 630 million could be living below projected flood levels by 2100

Study says 630 million could be living below projected flood levels by 2100

A new study from Climate Central says that by the end of the century 630 million people could live on land threatened by floods.

6 years ago
Wall St dips after S&P notches record, Fed on deck

Wall St dips after S&P notches record, Fed on deck

The S&P 500 edged lower to snap a four-session win streak on Tuesday and it retreated from a record high as investors grappled with a flood of earnings and the latest update on a potential trade deal between the U.S. and China.



6 years ago
Facebook sues Israel's NSO Group over alleged WhatsApp hack

Facebook sues Israel's NSO Group over alleged WhatsApp hack

Facebook Inc on Tuesday sued Israeli cyber surveillance firm NSO Group, alleging it hacked users of messaging platform WhatsApp earlier this year.



6 years ago
IAC must face Tinder co-founder's $2 billion lawsuit: NY appeals court

IAC must face Tinder co-founder's $2 billion lawsuit: NY appeals court

A New York state appeals court on Tuesday rejected IAC/InterActiveCorp's bid to dismiss a $2 billion lawsuit by a group of Tinder founders, executives and early employees who said it undervalued the dating app to avoid paying them billions of dollars.



6 years ago
Beyond Meat butchered as stock sale ban lifted

Beyond Meat butchered as stock sale ban lifted

Shares of Beyond Meat Inc plunged more than 20% on Tuesday as investors rushed to cash in after a restriction on selling stock lifted and worries mounted about rising costs and increased competition at the hugely popular plant-based meat producer.



6 years ago
Top GE analyst Tusa continues 'to see downside' going into earnings report

Top GE analyst Tusa continues 'to see downside' going into earnings report

J.P. Morgan's Stephen Tusa continues to tell investors to stay away from GE in his latest note.

6 years ago
Juul marketing chief to exit amid advertising suspension

Juul marketing chief to exit amid advertising suspension

Juul Labs Inc said on Tuesday that its Chief Marketing Officer Craig Brommers is leaving the company, just weeks after the e-cigarette maker suspending advertising in the United States amid concerns over the appeal of its nicotine products amongst teenagers.



6 years ago
Oil pares losses on easing trade tensions, firmer U.S. equities

Oil pares losses on easing trade tensions, firmer U.S. equities

Oil prices were steady on Tuesday, paring earlier losses as investors focused on signs that U.S.-China trade tensions could ease next month.



6 years ago
World stocks edge higher on robust U.S. results, rate hopes; oil pares losses

World stocks edge higher on robust U.S. results, rate hopes; oil pares losses

World stocks edged higher on Tuesday, lifted by strong earnings from big U.S. drugmakers Merck and Pfizer and expectations of another dose of policy stimulus from the U.S. Federal Reserve, while oil prices pared earlier losses.



6 years ago
Boeing CEO grilled at U.S. hearing: 'We've made mistakes'

Boeing CEO grilled at U.S. hearing: 'We've made mistakes'

Boeing Co Chief Executive Dennis Muilenburg was pressed by U.S. lawmakers at a hearing on Tuesday over what the company knew about its MCAS stall-prevention system linked to two deadly crashes, and about delays in turning over internal 2016 messages that described erratic behavior of the software in a simulator.



6 years ago
Canadian airlines plan for grounded Boeing jet to fly again, travelers still leery

Canadian airlines plan for grounded Boeing jet to fly again, travelers still leery

Canadian airlines are making preparations for the day when Boeing's grounded 737 MAX jet can fly again, but one executive said work must be done to regain travelers' trust in the U.S.-made narrowbody involved in two deadly crashes.



6 years ago
Shipping companies, retailers look to develop cleaner marine biofuel

Shipping companies, retailers look to develop cleaner marine biofuel

Top shipping, retail and transport companies are looking to develop an alternative marine fuel which aims to reduce carbon emissions from ships, in another step to push the sector to go green.



6 years ago