Latest News on private equities market

SoftBank clinches deal to take over WeWork

SoftBank clinches deal to take over WeWork

SoftBank Group Corp agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control, people familiar with the matter said on Tuesday.



6 years ago
U.S. existing home sales drop more then expected in September

U.S. existing home sales drop more then expected in September

U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes.



6 years ago
Cramer says Biogen's Alzheimer's treatment could be 'the biggest drug ever' as shares soar 30%

Cramer says Biogen's Alzheimer's treatment could be 'the biggest drug ever' as shares soar 30%

Drug maker Biogen announced it is seeking regulatory approval for its Alzheimer's drug, months after it stopped testing the treatment.

6 years ago
Cramer says Biogen's Alzheimer's treatment could be 'the biggest drug ever' as shares soar nearly 30%

Cramer says Biogen's Alzheimer's treatment could be 'the biggest drug ever' as shares soar nearly 30%

Drugmaker Biogen announced it is seeking regulatory approval for its Alzheimer's drug, months after it stopped testing the treatment.

6 years ago
Boeing makes progress on 737 MAX, but FAA needs weeks to review

Boeing makes progress on 737 MAX, but FAA needs weeks to review

Boeing Co is making progress toward getting its 737 MAX aircraft in the air again but the U.S. Federal Aviation Administration (FAA) will need at least several more weeks for review, FAA Administrator Steve Dickson said on Tuesday.



6 years ago
McDonald's posts rare profit miss, shares drop

McDonald's posts rare profit miss, shares drop

McDonald's Corp missed Wall Street estimates for profit for the first time in two years on Tuesday as more investment to spruce up U.S. restaurants and speed up delivery weighed on the world's biggest fast food chain, sending its shares down 3%.



6 years ago
Boeing replaces senior executive as 737 MAX crisis grows

Boeing replaces senior executive as 737 MAX crisis grows

Boeing's top commercial airplanes executive, Kevin McAllister, is leaving the company as the planemaker grapples with the fallout from two fatal crashes of its 737 MAX, the company said on Tuesday.



6 years ago
Tips for getting your Medicare drug coverage right during open enrollment

Tips for getting your Medicare drug coverage right during open enrollment

Even if you've been happy with your coverage, be aware that insurance carriers make changes from year to year that can affect the drugs they cover and how much they'll cost you.

6 years ago
Lockheed Martin profit climbs, expects lower cash flow in 2020; shares gain

Lockheed Martin profit climbs, expects lower cash flow in 2020; shares gain

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, sending shares higher even as it forecast a lower cash flow for next year.



6 years ago
Exxon, New York prosecutors face off in climate change fraud trial

Exxon, New York prosecutors face off in climate change fraud trial

A lawyer for New York's attorney general on Tuesday told a state judge Exxon Mobil Corp used two sets of books to hide the true cost of climate change regulations from investors, while an attorney for the oil major assailed the claims as false and politically motivated.



6 years ago
Cambridge:  Global Regulator Survey Results – Regulation of Alternative Finance is Key to Make Sector Safe to Scale for the Masses

Cambridge: Global Regulator Survey Results – Regulation of Alternative Finance is Key to Make Sector Safe to Scale for the Masses

Crowdfund Insider | JD Alois | Oct 21,2019 The Cambridge Centre for Alternative Finance (CCAF), part of the Judge School of Business at Cambridge University, has partnered with the World Bank to publish a report on the global regulation of alternative finance and innovative Fintech firms. According to the new report, the regulation of alternative

6 years ago
VW speeds up production of next generation Golf

VW speeds up production of next generation Golf

Volkswagen will start deliveries of its new Golf hatchback in December after shaving an hour off the time needed to build its flagship model, the board member responsible for production at the VW brand said on Tuesday.



6 years ago
S&P 500 rises on upbeat corporate earnings; Travelers weighs on Dow

S&P 500 rises on upbeat corporate earnings; Travelers weighs on Dow

The S&P 500 rose on Tuesday, bolstered by gains in Biogen and upbeat earnings reports that eased concerns over the fallout from the U.S.-China trade war, but the Dow Jones index was pressured by a drop in McDonald's and Travelers.



6 years ago
Infosys loses $6.6 billion in market cap after whistleblower complaints

Infosys loses $6.6 billion in market cap after whistleblower complaints

India's No.2 software services exporter, Infosys Ltd , is probing whistleblower complaints that its top two executives engaged in "unethical practices" to boost short-term revenue and profit, sending its shares down 16% on Tuesday.



6 years ago
Deutsche Bank says an Apple earnings beat on strong iPhone demand is 'priced in'

Deutsche Bank says an Apple earnings beat on strong iPhone demand is 'priced in'

Deutsche Bank raised its price target on Apple to $230 per share from $210 per share

6 years ago