Latest News on private equities market

Oracle co-CEO Mark Hurd dies at 62

Oracle co-CEO Mark Hurd dies at 62

Oracle Corp co-Chief Executive Officer Mark Hurd has died, the business software maker said on Friday, an unexpected development that raises pressure on co-CEO Safra Catz to lead the company's ongoing transition to cloud computing.



6 years ago
Oil falls as China economic concerns outweigh rising refinery runs

Oil falls as China economic concerns outweigh rising refinery runs

Oil prices edged lower on Friday, as concerns about China's economy outweighed bullish signals from its refining sector, but losses were limited on hopes for progress toward a U.S.-China trade agreement.



6 years ago
Boeing 2016 internal messages suggest employees may have misled FAA on 737 MAX: sources

Boeing 2016 internal messages suggest employees may have misled FAA on 737 MAX: sources

Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, according to documents seen by Reuters.



6 years ago
Wall Street pressured by J&J, Boeing; growth worries linger

Wall Street pressured by J&J, Boeing; growth worries linger

Wall Street fell on Friday, dragged down by Boeing and Johnson & Johnson and as worries over global economic growth were rekindled by gloomy data out of China.



6 years ago
Opioids settlement could be near, lawyer for local governments says

Opioids settlement could be near, lawyer for local governments says

Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion-dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs' lawyer said on Friday.



6 years ago
Global trade uncertainty a reason to ratify USMCA: Mexican minister

Global trade uncertainty a reason to ratify USMCA: Mexican minister

Mexican Finance Minister Arturo Herrera said on Friday the current global uncertainty over trade is another reason to ratify the agreement negotiated last year between his country, the United States and Canada.



6 years ago
Dollar weakens on Brexit, shares sapped by weaker China growth

Dollar weakens on Brexit, shares sapped by weaker China growth

The dollar headed for its worst week in almost four months on Friday, pummeled by sterling and euro rallies driven by a deal on Britain's departure from the European Union, while China's weakest growth in nearly three decades weighed on equities.



6 years ago
In oil-rich region, Venezuelans fear catastrophe if Trump forces Chevron to leave

In oil-rich region, Venezuelans fear catastrophe if Trump forces Chevron to leave

With the $2 he earns in wages each week working as a cargo driver for Venezuelan state oil company PDVSA, 56-year-old Freddy Brito cannot even afford to buy one kilogram (2.2 lb) of cheese.



6 years ago
Oracle co-CEO Mark Hurd passes away

Oracle co-CEO Mark Hurd passes away

Oracle Corp co-Chief Executive Officer Mark Hurd passed away on Friday, the business software maker said.



6 years ago
Opioid litigation talks can 'get a long way' to deal: lawyer

Opioid litigation talks can 'get a long way' to deal: lawyer

Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs' lawyer said Friday.



6 years ago
Wall Street pressured by J&J, global growth concerns

Wall Street pressured by J&J, global growth concerns

Wall Street edged lower on Friday, set to end a strong week on a downbeat note, as heavyweight Johnson & Johnson slipped and worries over global economic growth were rekindled by gloomy data out of China.



6 years ago
Exclusive: Boeing 2016 internal messages suggest employees may have misled FAA on 737 MAX - sources

Exclusive: Boeing 2016 internal messages suggest employees may have misled FAA on 737 MAX - sources

Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, sources briefed on the matter said.



6 years ago
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
Troubles keep mounting for Fisher Investments as losses in pension assets hit $1.3 billion

Troubles keep mounting for Fisher Investments as losses in pension assets hit $1.3 billion

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