Latest News on private equities market

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 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
WeWork to close its WeGrow elementary school in New York next year

WeWork to close its WeGrow elementary school in New York next year

WeWork said on Friday it will shut down its WeGrow private school in New York City after the current school year, as the company focuses on its main office-sharing business.



7 years ago
Fidelity says it won't pay for zero fees by selling your trade executions to the highest bidder

Fidelity says it won't pay for zero fees by selling your trade executions to the highest bidder

"Many competitors do to the tune of hundreds of millions of dollars," says Fidelity's Kathleen Murphy.

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
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
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
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
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
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
Trump says U.S., China have reached substantial phase-1 trade deal

Trump says U.S., China have reached substantial phase-1 trade deal

President Donald Trump said on Friday the United States and China had come to a substantial phase-1 trade deal, reaching agreement on intellectual property, financial services and big agricultural purchases.



7 years ago
Exclusive: Sempra nears $3 billion Chile sale to China's State Grid - sources

Exclusive: Sempra nears $3 billion Chile sale to China's State Grid - sources

U.S. power company Sempra Energy is near an agreement to sell its Chilean business to State Grid Corporation of China for close to $3 billion, the latest deal in its bid to shed non-core assets, people familiar with the matter said on Friday.



7 years ago
These stocks could be the biggest winners if the US completes this phased trade deal with China

These stocks could be the biggest winners if the US completes this phased trade deal with China

The U.S. and China agreed on a "substantial phase one" trade deal that delays tariff hikes set to kick in next week.

7 years ago
Wall Street has doubts after partial trade deal: 'I don't think this gets us to Christmas'

Wall Street has doubts after partial trade deal: 'I don't think this gets us to Christmas'

Today's rally clearly indicates that the market is happy for the moment with just a partial deal. But the Dow gave up 200 of its 500 point gain in the final half hour as markets realized there was no timeline for removal of the existing tariffs.

7 years ago
OxyContin maker Purdue gets brief shield from litigation

OxyContin maker Purdue gets brief shield from litigation

OxyContin maker Purdue Pharma LP won a court order on Friday briefly pausing the sprawling opioid litigation against the company so it can try to make headway on its proposed legal settlement that it says is worth $10 billion.



7 years ago