Latest News on private equities market

UAW turns to Ford after GM workers approve new contract

UAW turns to Ford after GM workers approve new contract

The United Auto Workers union said on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with after workers at General Motors Co approved a new contract deal.



6 years ago
Exclusive: Wells Fargo lays off more than 200 business bankers in U.S. - sources

Exclusive: Wells Fargo lays off more than 200 business bankers in U.S. - sources

Wells Fargo & Co has laid off more than 200 bankers in its U.S. lending divisions in recent months, as the bank reacted to business trends and restructured some units, sources familiar with the matter said this week.



6 years ago
Wall Street Week Ahead: Bond fund managers see risk Fed cuts rates to zero

Wall Street Week Ahead: Bond fund managers see risk Fed cuts rates to zero

Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond fund managers into assets ranging from short-term Treasury bills to half-paid off 15-year home mortgages.



6 years ago
U.S. denies China's claim of 'weaponizing' visa decisions for Washington space meeting

U.S. denies China's claim of 'weaponizing' visa decisions for Washington space meeting

The United States on Friday rejected Chinese accusations that political motives were behind a top Beijing space official not receiving a visa in time to attend the start of an international conference in Washington this week.



6 years ago
Global stocks climb on trade talk, earnings news; sterling slips

Global stocks climb on trade talk, earnings news; sterling slips

Global stock indexes were higher on Friday after upbeat news on the trade front and strong results from companies including Intel , while the British pound extended losses from the previous day amid fresh uncertainty around Britain's exit from the European Union.



6 years ago
General Motors strike to dent U.S. October job growth

General Motors strike to dent U.S. October job growth

A strike by General Motors workers should weigh on U.S. job growth in October, government data showed on Friday.



6 years ago
Exxon Mobil seeks buyer for Montana refinery: sources

Exxon Mobil seeks buyer for Montana refinery: sources

Exxon Mobil Corp is seeking a potential buyer for its roughly 60,000 barrel per day Billings, Montana refinery, according to three sources familiar with Exxon’s plans.



6 years ago
UAW to bargain next with Ford on new contract deal: sources

UAW to bargain next with Ford on new contract deal: sources

The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with, sources briefed on the matter told Reuters.



6 years ago
UAW will turn to Ford after GM workers approve deal: sources

UAW will turn to Ford after GM workers approve deal: sources

The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with, sources briefed on the matter told Reuters.



6 years ago
S&P 500 nears record high on trade progress, upbeat Intel earnings

S&P 500 nears record high on trade progress, upbeat Intel earnings

U.S. stocks rose on Friday after Washington said it was close to finalizing parts of a trade pact with Beijing and strong quarterly results from Intel Corp boosted investor sentiment, sending the S&P 500 briefly over the record high close it set three months ago.



6 years ago
United Airlines says in talks with Apple on San Francisco airport upgrade

United Airlines says in talks with Apple on San Francisco airport upgrade

United Airlines is in early discussions with Apple Inc about upgrading the U.S. carrier's terminal at San Francisco International airport, United's Chief Digital Officer Linda Jojo told journalists on Friday without providing more details.



6 years ago
S&P 500 approaches record high on U.S.-China trade progress

S&P 500 approaches record high on U.S.-China trade progress

The S&P 500 rose on Friday, briefly surpassing its record closing high, after Washington said it was close to finalizing parts of a trade pact with Beijing.



6 years ago
Brexit woes, mixed earnings see stocks lose steam, sterling lingers

Brexit woes, mixed earnings see stocks lose steam, sterling lingers

Geopolitical tensions, muted economic data and mixed earnings stymied global stocks on Friday with sterling languishing near a one week lows amid a new bout of Brexit anxiety.



6 years ago
China to ask U.S. to remove tariffs in exchange for agricultural buys in talks Friday

China to ask U.S. to remove tariffs in exchange for agricultural buys in talks Friday

Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters.



6 years ago
Factbox: 'Fly up' co-pilot urges in final moments of fatal Lion Air crash

Factbox: 'Fly up' co-pilot urges in final moments of fatal Lion Air crash

A final Indonesian report on the fatal crash of Lion Air flight 610 published on Friday details stress and confusion in the cockpit as the Boeing 737 MAX's MCAS software, misled by faulty sensor readings, repeatedly lowered the plane's nose.



6 years ago