Latest News on private equities market

Johnson & Johnson says baby powder investigation could take 30 days or more

Johnson & Johnson says baby powder investigation could take 30 days or more

Johnson & Johnson said on Friday its investigation into asbestos contamination of its baby powder could take 30 days or more, after announcing it planned to recall about 33,000 bottles of the product in the United States.



6 years ago
Johnson & Johnson to recall some baby powder as FDA finds traces of asbestos

Johnson & Johnson to recall some baby powder as FDA finds traces of asbestos

Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.



6 years ago
American Express profit beats estimates as consumers shrug off slowdown fears

American Express profit beats estimates as consumers shrug off slowdown fears

Credit card issuer American Express Co reported a higher-than-expected quarterly profit that highlighted the health of the U.S. consumer even as fears mount that a manufacturing-led weakness could spread to the broader economy.



6 years ago
As interest in road trips soars, Americans are hitting these 10 global hotspots

As interest in road trips soars, Americans are hitting these 10 global hotspots

Applications for international driving permits soared 33% in five years, AAA says. Here are 10 global hotspots U.S. vacationers are speeding off to.

6 years ago
Opioid settlement talks fail, landmark trial expected Monday

Opioid settlement talks fail, landmark trial expected Monday

A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a settlement on Friday that had been expected to be valued at around $50 billion.



6 years ago
Exclusive: Huawei in early talks with U.S. firms to license 5G platform - Huawei executive

Exclusive: Huawei in early talks with U.S. firms to license 5G platform - Huawei executive

Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday.



6 years ago
Mnuchin backs proposal to double IMF's crisis fund

Mnuchin backs proposal to double IMF's crisis fund

U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund's $250 billion crisis lending fund as part of a deal to maintain overall IMF resources.



6 years ago
Boeing 737 MAX test pilot grappled with simulator flaws, too

Boeing 737 MAX test pilot grappled with simulator flaws, too

In newly released text messages from 2016, a top Boeing 737 MAX test pilot tells a colleague that the jet's MCAS flight control system - the same one linked to two fatal crashes - was "running rampant in the (simulator) on me."



6 years ago
Opioid settlement talks fail, landmark trial expected Monday: attorney

Opioid settlement talks fail, landmark trial expected Monday: attorney

A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a settlement on Friday that had been expected to be valued at up to $50 billion.



6 years ago
Trump hopes U.S.-China trade deal will be signed by middle of November

Trump hopes U.S.-China trade deal will be signed by middle of November

U.S. President Donald Trump on Friday said he thinks a trade deal between the United States and China will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17.



6 years ago
Boeing pilots' messages on 737 MAX safety raise new questions

Boeing pilots' messages on 737 MAX safety raise new questions

A Boeing Co senior pilot said he might have unintentionally misled regulators, in a series of internal messages from 2016 that became public Friday, plunging the world's largest airplane maker into a fresh crisis.



6 years ago
Fisher Investments pension losses hit $1.3 billion as Iowa yanks $386 million

Fisher Investments pension losses hit $1.3 billion as Iowa yanks $386 million

The Iowa Public Employees Retirement System is ending its relationship with Fisher Investments, pulling $386 million from the firm. This marks the fourth public pension to drop the mjoney manager following founder Ken Fisher's off-color comments at a conference.

6 years ago
News Corp to supply headlines for Facebook's upcoming news tab

News Corp to supply headlines for Facebook's upcoming news tab

Facebook Inc's upcoming news tab will feature headlines from the Wall Street Journal and some other News Corp media properties when it launches in fall of 2019, the social network said on Friday.



6 years ago
Opioid settlement talks falter, landmark trial expected Monday: attorney

Opioid settlement talks falter, landmark trial expected Monday: attorney

A landmark trial stemming from the U.S. opioid epidemic is expected to begin on Monday after last-ditch talks to strike a multibillion-dollar settlement faltered on Friday, according to an attorney for local governments.



6 years ago
FAA turns over emails from former Boeing 737 pilot

FAA turns over emails from former Boeing 737 pilot

The U.S. Federal Aviation Administration (FAA) on Friday turned over 10 pages of emails from a former chief technical pilot on the Boeing 737 MAX that disclosed new details of the company's efforts to win approval from regulators around the world.



6 years ago