Latest News on private equities market

One man dies as wind-driven Los Angeles wildfire forces 100,000 to flee

One man dies as wind-driven Los Angeles wildfire forces 100,000 to flee

A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and devouring acres of dry brush and chaparral as 100,000 residents were forced to flee.



7 years ago
Boeing board strips CEO of chairman title amid 737 MAX crisis

Boeing board strips CEO of chairman title amid 737 MAX crisis

Boeing Co's board has stripped chief executive Dennis Muilenburg of his chairmanship title, in an unexpected strategy shift announced by the U.S. planemaker on Friday only hours after a global aviation panel criticized development of the troubled 737 MAX.



7 years ago
Stocks bask in 'warmer feelings' from trade talks, Brexit deal hopes

Stocks bask in 'warmer feelings' from trade talks, Brexit deal hopes

Global stocks and the euro rallied on Friday on signs of a detente in the U.S.-China trade war and hopes that Britain was moving closer to a smooth exit from the European Union.



7 years ago
Two California wildfires destroy homes near Los Angeles, leaving at least one dead

Two California wildfires destroy homes near Los Angeles, leaving at least one dead

A pair of wildfires has destroyed dozens of homes near Los Angeles, killed a man and forced some 100,000 residents to evacuate, fire officials said on Friday, days after power cuts were ordered across the state to prevent fires.



7 years ago
Tech CEOs call on political parties for policy action to drive digital economy

Tech CEOs call on political parties for policy action to drive digital economy

National Post | Andy Blatchford | Oct 5, 2019 The letter was drafted by a lobby group representing signatories run domestic firms that employed more than 35,000 people last year and generated more than $6 billion for the economy OTTAWA — More than 110 Canadian tech CEOs have signed an open letter urging political parties

7 years ago
Digital assets subject to money-laundering, disclosure laws: U.S. regulators

Digital assets subject to money-laundering, disclosure laws: U.S. regulators

Three U.S. financial regulators on Friday issued a warning to firms with registered digital assets that they have an obligation to follow securities laws prohibiting money laundering and requiring disclosure of suspicious activity.



7 years ago
U.S. optimistic on trade talks; China open to partial deal

U.S. optimistic on trade talks; China open to partial deal

President Donald Trump and other U.S. officials on Friday signaled good news was coming in trade talks with China, while Beijing indicated it was open to a "partial" deal that would avoid a planned hike in tariffs on its goods.



7 years ago
Space firm founded by billionaire Paul Allen sold to new owner

Space firm founded by billionaire Paul Allen sold to new owner

Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it was continuing operations after transitioning ownership, but did not name the new owner.



7 years ago
FTC's antitrust chief, who spearheaded tech task force, to step down

FTC's antitrust chief, who spearheaded tech task force, to step down

The Federal Trade Commission, which works with the Justice Department to enforce antitrust law, will lose the head of the Bureau of Competition next month, Chairman Joe Simons said in a statement on Friday.



7 years ago
Wall Street rallies on trade deal hopes, focus shifts to Trump-Liu meeting

Wall Street rallies on trade deal hopes, focus shifts to Trump-Liu meeting

Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases.



7 years ago
Here's the Ken Fisher audio that inflamed executives at a financial conference

Here's the Ken Fisher audio that inflamed executives at a financial conference

The billionaire CEO of Fisher Investments compared winning prospective clients to meeting women at a bar, and saying "hey, I want to talk about what's in your pants." It's not the first time Fisher has made such remarks.

7 years ago
FAA must ramp up staffing to oversee airplane certification after 737 MAX: panel

FAA must ramp up staffing to oversee airplane certification after 737 MAX: panel

The U.S. Federal Aviation Administration had insufficient personnel to oversee the certification of new Boeing airplanes and should make significant reforms in how it approves new airplanes, an international aviation panel said Friday.



7 years ago
Space firm founded by billionaire Paul Allen 'transitioned ownership'

Space firm founded by billionaire Paul Allen 'transitioned ownership'

Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it was continuing operations after transitioning ownership, but did not name the new owner.



7 years ago
China has invited Lighthizer, Mnuchin for further trade talks: CNN

China has invited Lighthizer, Mnuchin for further trade talks: CNN

Beijing has officially invited U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, and their teams for further trade talks in China, a CNN reporter said in a tweet https://twitter.com/CristinaAlesci/status/1182700642416152583?s=20 on Friday.



7 years ago
Fast-moving wildfire kills at least one, destroys homes north of Los Angeles

Fast-moving wildfire kills at least one, destroys homes north of Los Angeles

A fast-moving wildfire fueled by dry Pacific winds engulfed houses, roads and wooded areas near Los Angeles on Friday morning, killing at least one person and forcing some 100,000 residents to flee their homes, officials said.



7 years ago