Latest News on private equities market

Exclusive: Software under scrutiny in Airbus A220 engine failures

Exclusive: Software under scrutiny in Airbus A220 engine failures

A U.S.-led investigation into a series of engine failures on Airbus's smallest jet, the A220, is studying whether a software change allowed unexpected vibrations that tore parts and forced three emergency landings, several people familiar with the case said.



6 years ago
Amazon's gloomy holiday forecast misses estimates, shares fall 7%

Amazon's gloomy holiday forecast misses estimates, shares fall 7%

Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally.



6 years ago
Intel beats third-quarter estimates, raises full-year revenue forecast

Intel beats third-quarter estimates, raises full-year revenue forecast

Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, easing concerns about slowing chip demand amid the U.S.-China trade war.



6 years ago
CVS, Rite Aid pull all 22-ounce J&J baby powder from stores

CVS, Rite Aid pull all 22-ounce J&J baby powder from stores

CVS Health Corp and Rite Aid Corp are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.



6 years ago
SpaceX to test astronaut capsule next week, a critical milestone after April explosion

SpaceX to test astronaut capsule next week, a critical milestone after April explosion

In about a week SpaceX expects to conduct a key test of the capsule it is developing to launch astronauts, CNBC has learned.

6 years ago
Fisher Investments outflows surpass $2.5 billion as Los Angeles pension departs

Fisher Investments outflows surpass $2.5 billion as Los Angeles pension departs

The Los Angeles Fire and Police Pension System voted on Oct. 24 to end its $522 million relationship with Fisher Investments. In all, institutional investors have pulled $2.5 billion from the firm in recent weeks.

6 years ago
Massachusetts beats Exxon bid to delay impending climate change case

Massachusetts beats Exxon bid to delay impending climate change case

A Massachusetts judge on Thursday gave the state's attorney general the greenlight to sue Exxon Mobil Corp "ASAP" over allegations it concealed from investors and consumers its knowledge of the role fossil fuels play in climate change.



6 years ago
Tesla's difficult path to profit in six charts

Tesla's difficult path to profit in six charts

Tesla Inc's shares sky-rocketed on Thursday after the electric car maker surprised investors with a rare quarterly profit, and delivered a record number of cars while keeping a lid on costs.



6 years ago
American, Spirit eye more Mobile deliveries to avoid Airbus tariffs

American, Spirit eye more Mobile deliveries to avoid Airbus tariffs

American Airlines Group and Spirit Airlines executives said on Thursday they were working with Airbus SE to mitigate the impact of U.S. tariffs on European-made aircraft, including having more planes delivered from Mobile, Alabama.



6 years ago
PayPal surges 8% after strongest earnings results in at least a year, seeing growth in Venmo

PayPal surges 8% after strongest earnings results in at least a year, seeing growth in Venmo

PayPal sees strong total payment volume growth, with a 64% year-over-year jump in Venmo payment volume.

6 years ago
Virgin Galactic is set to trade on the NYSE on Monday as the first space tourism stock
6 years ago
U.S. new home sales dip in September; prices fall

U.S. new home sales dip in September; prices fall

Sales of new U.S. single-family homes fell in September as low inventories continue to weigh on sales even as prices saw the biggest monthly fall in five years.



6 years ago
'Flight shaming' is gaining traction and it could cost airlines billions, says Citi

'Flight shaming' is gaining traction and it could cost airlines billions, says Citi

Consumers are paying more attention to their carbon footprint and it could cost airlines billions of dollars, Citi said in a note to clients on Tuesday.

6 years ago
Oil edges higher, but weak demand outlook weighs

Oil edges higher, but weak demand outlook weighs

Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.



6 years ago
Wall Street mixed after earnings reports; Twitter plunges

Wall Street mixed after earnings reports; Twitter plunges

A rise in shares of Microsoft and PayPal boosted the Nasdaq on Thursday, but poor earnings reports from Twitter and 3M dragged down the S&P 500 and Dow Jones indexes, taking the shine off what has been an upbeat earnings season so far.



6 years ago