Latest News on private equities market

AT&T reveals HBO Max price and date it will take on Disney, Netflix

AT&T reveals HBO Max price and date it will take on Disney, Netflix

AT&T Inc executives on Tuesday said the company's HBO Max streaming video service will cost $15 per month -- the same price it currently charges for HBO -- when it launches in May 2020, marking an aggressive entry into the streaming wars.



7 years ago
Factbox: When will the Boeing 737 MAX fly again?

Factbox: When will the Boeing 737 MAX fly again?

Boeing Co's best-selling jet, the 737 MAX, was grounded globally in March, days after the crash of an Ethiopian Airlines flight that followed a similar Lion Air disaster in Indonesia in on Oct. 29, 2018. A total of 346 people died in the two crashes.



7 years ago
Oil prices drop, U.S. falls for third day as Cushing stocks rise

Oil prices drop, U.S. falls for third day as Cushing stocks rise

Oil prices slipped on Wednesday, with U.S. crude falling for a third day after an industry report that stocks at the Cushing delivery hub for the benchmark rose last week, shrugging off a drop in overall inventories.



7 years ago
Volkswagen brings electric cars to Rwanda for ride-hailing service

Volkswagen brings electric cars to Rwanda for ride-hailing service

Volkswagen is importing a batch of electric powered Golf models into Rwanda for a local ride-hailing service, establishing a bridgehead in the country that it hopes to expand to other nations as it seeks to increase market share globally.



7 years ago
GM expects to spend more on EVs than gas-powered cars in next five years: CEO

GM expects to spend more on EVs than gas-powered cars in next five years: CEO

General Motors Co expects to spend more on developing and selling electric vehicles (EVs) than gasoline-powered cars over the next five years, Chief Executive Mary Barra said on Tuesday.



7 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.



7 years ago
China warns U.S. criticism at U.N. over Xinjiang not 'helpful' for trade talks

China warns U.S. criticism at U.N. over Xinjiang not 'helpful' for trade talks

China's U.N. Ambassador Zhang Jun warned on Tuesday that U.S. criticism at the world body of Beijing's policy in remote Xinjiang was not "helpful" for negotiations between the two countries on a trade deal.



7 years ago
Kellogg profit gets boost from snacks, frozen foods

Kellogg profit gets boost from snacks, frozen foods

Kellogg Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, as demand for its Pringles and Cheez-It snacks, as well as frozen foods cushioned the impact of sluggish sales for its cereals in North America.



7 years ago
S&P 500 squeezes higher on robust Merck, Pfizer earnings

S&P 500 squeezes higher on robust Merck, Pfizer earnings

The S&P 500 touched a new record high on Tuesday as investors cheered strong earnings from big drugmakers Merck and Pfizer, while a disappointing profit from Google parent Alphabet kept the Nasdaq firmly in the red.



7 years ago
AT&T surprises with HBO Max price in battle against Disney and Netflix

AT&T surprises with HBO Max price in battle against Disney and Netflix

AT&T Inc in May will launch its HBO Max streaming service with a new "Game of Thrones" series at the current HBO price of $15 a month in an aggressive move to battle Netflix, Disney and Apple for the future of TV.



7 years ago
Tesla filing shows U.S. sales tumbled 39% in third quarter

Tesla filing shows U.S. sales tumbled 39% in third quarter

Tesla Inc's third-quarter revenue tumbled 39% in the United States, its first drop in more than two years, but sales in China and other regions surged, the electric car maker's break down of sales by geography showed on Tuesday.



7 years ago
Boeing CEO tells U.S. lawmakers at hearing: 'We've made mistakes'; faces tough questions

Boeing CEO tells U.S. lawmakers at hearing: 'We've made mistakes'; faces tough questions

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.



7 years ago
Japan retail sales jump the most since 2014, outlook murky

Japan retail sales jump the most since 2014, outlook murky

Japanese retail sales grew the most in 5-1/2 years in September, boosted by consumers accelerating spending to beat a national sales tax hike that kicked in this month, raising some concerns about a subsequent pullback in demand in the coming months.



7 years ago
China woes persist as pressure point for U.S. corporate profits

China woes persist as pressure point for U.S. corporate profits

The U.S.-China trade war persists as an impediment to the growth of U.S. companies, even as the two countries appear close to clinching a limited agreement.



7 years ago
Trump, Xi meeting date is still fluid: White House official

Trump, Xi meeting date is still fluid: White House official

U.S. President Donald Trump and Chinese President Xi Jinping are expected to finalize a trade agreement on the sidelines of next month's Asia-Pacific Economic Cooperation summit in Chile, but the date is still fluid, a White House official said on Tuesday.



7 years ago