Latest News on private equities market

Cybercrime FinTech, Flare Systems, Raises $1M, Led by Luge Capital

Cybercrime FinTech, Flare Systems, Raises $1M, Led by Luge Capital

Luge Capital and Flare Systems | Sonia Gasparini | Oct 17, 2019 Flare Systems Enables Financial Institutions to Protect Themselves from Financial Crimes Before They Happen Montréal, October 17, 2019 - Flare Systems has closed a $1 million seed round led by Luge Capital, with WhiteStar Capital participating in the round.  The investment enables Flare

6 years ago
Here's what every major analyst is saying about Netflix's earnings report

Here's what every major analyst is saying about Netflix's earnings report

Wall Street analysts agreed Netflix's earnings report was better than expected but expectations remain high going forward.

6 years ago
Asian shares erase gains after weak China GDP, pound pulls back

Asian shares erase gains after weak China GDP, pound pulls back

Asian stocks stumbled on Friday after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the UK and European Union striking a long-awaited Brexit deal.



6 years ago
Bank/Fintech Partnerships: The Fad Is Over

Bank/Fintech Partnerships: The Fad Is Over

Forbes | Ron Shevlin | Oct 14, 2019 Partnerships are Not the Future of Fintech “Bank/fintech partnerships are crucial to the future of banking” has become a widely accepted meme in the industry. In a recent study from Finextra, 81% of bank executives surveyed said that collaborating with partners was the best strategy to achieve

6 years ago
Oil rises, supported by U.S. fuel stock draws but weighed by crude build

Oil rises, supported by U.S. fuel stock draws but weighed by crude build

Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures.



6 years ago
Goldman CEO on how he's turning the Wall Street powerhouse into a giant digital bank for consumers

Goldman CEO on how he's turning the Wall Street powerhouse into a giant digital bank for consumers

Goldman Sachs CEO David Solomon spoke to CNBC's Wilfred Frost on Thursday.

6 years ago
Exclusive: Wall Street banks see green light from Fed on reserves - sources

Exclusive: Wall Street banks see green light from Fed on reserves - sources

Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month's volatility in overnight lending markets, three industry sources told Reuters.



6 years ago
UAW reaches contract deal with 850 Aramark workers at GM plants: sources

UAW reaches contract deal with 850 Aramark workers at GM plants: sources

The United Auto Workers union on Thursday reached a tentative agreement for a new contract covering 850 Aramark employees who work at General Motors plants in Ohio and Michigan in maintenance, two sources briefed on the matter said.



6 years ago
Boeing 777X delays may affect Emirates fleet plans: Clark

Boeing 777X delays may affect Emirates fleet plans: Clark

Delivery delays to Boeing's 777X jetliner are holding back Emirates' growth and could partially affect the Gulf carrier's broader requirements for wide-body aircraft, airline President Tim Clark said on Thursday.



6 years ago
At Chick-fil-A, new table service means no waiting in line to order

At Chick-fil-A, new table service means no waiting in line to order

Fast-food chicken chain Chick-fil-A is turning the tables on in-house dining, unveiling a new sit-down table service through its app that means customers will not have to wait at the counter to order.



6 years ago
U.S. stocks gain on upbeat earnings, geopolitical news

U.S. stocks gain on upbeat earnings, geopolitical news

Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments.



6 years ago
Goldman Sachs CEO Solomon says the bank's investment in WeWork is still profitable at this time

Goldman Sachs CEO Solomon says the bank's investment in WeWork is still profitable at this time

Goldman Sachs CEO David Solomon spoke to CNBC's Wilfred Frost on Thursday.

6 years ago
Saudi Aramco delays planned IPO to allow for earnings update: sources

Saudi Aramco delays planned IPO to allow for earnings update: sources

Saudi Aramco has delayed the planned launch of its initial public offering (IPO), as the giant oil company wants to update investors with its latest earnings before proceeding, two sources familiar with the matter said on Thursday.



6 years ago
Toyota conducts final phase of recall to replace Takata airbag inflators

Toyota conducts final phase of recall to replace Takata airbag inflators

Toyota Motor Corp's North America unit said on Thursday it was conducting the final phase of a safety recall to replace potentially faulty Takata airbag inflators in about 928,000 vehicles.



6 years ago
Timeline: UAW wrings higher pay from GM in deal to end strike, agrees to plant closings

Timeline: UAW wrings higher pay from GM in deal to end strike, agrees to plant closings

The United Auto Workers union wrung higher pay and other benefits from General Motors Co as part of a tentative deal to end a month-long U.S. strike by about 48,000 workers, the union disclosed on Thursday.



6 years ago