Latest News on private equities market

U.S. presidential candidate Warren calls on AT&T to reject plan she says will cost jobs

U.S. presidential candidate Warren calls on AT&T to reject plan she says will cost jobs

U.S. presidential candidate Elizabeth Warren called on AT&T Inc to reject an activist investor plan she said would lead to job cuts, staking out a different position than President Donald Trump who has cheered the investor's involvement.



7 years ago
GM CEO Barra takes role in talks to end UAW strike

GM CEO Barra takes role in talks to end UAW strike

General Motors Chief Executive Mary Barra met with senior United Auto Workers officials to discuss the No. 1 U.S. automaker's most recent proposal to end a more than three-week-old strike that has cost it over $1 billion, a union spokesman said on Thursday.



7 years ago
As GM workers picket, Michigan's economy feels the chill

As GM workers picket, Michigan's economy feels the chill

Waving a placard on the picket line outside a General Motors Co truck plant in Flint, Michigan, Robert Bacon says he has no money to spend. His $250-a-week strike pay barely covers his food and gas.



7 years ago
Hugo Boss cuts outlook again, citing weak U.S., Hong Kong business

Hugo Boss cuts outlook again, citing weak U.S., Hong Kong business

German fashion house Hugo Boss cut its 2019 earnings forecast again, citing weak demand in the United States and Hong Kong, and reported third quarter results that were below its expectations.



7 years ago
Exclusive: Wells Fargo beefs up mortgage division to cope with higher volumes

Exclusive: Wells Fargo beefs up mortgage division to cope with higher volumes

Wells Fargo & Co is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees https://www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-plans-1000-u-s-job-cuts-idUSKCN1NK2P7 in the division in 2018, according to a memo viewed by Reuters.



7 years ago
These stocks are the China trade talks 'tells' — They'll move on deal progress or a breakdown

These stocks are the China trade talks 'tells' — They'll move on deal progress or a breakdown

For investors reading the tea leaves of every trade headline, watch these stocks as they will tell you first if any progress is made.

7 years ago
Boeing says cracks found on 38 of 810 737 NG jets inspected globally

Boeing says cracks found on 38 of 810 737 NG jets inspected globally

Boeing Co said on Thursday that airlines had inspected 810 of the company's 737 NG jets around the world and found 38 structural cracks requiring repair and replacement of the affected parts.



7 years ago
Toyota unveils revamped hydrogen sedan to take on Tesla

Toyota unveils revamped hydrogen sedan to take on Tesla

Toyota Motor Corp unveiled a completely redesigned hydrogen-powered fuel cell sedan on Friday in its latest attempt to revive demand for the niche technology that it hopes will become mainstream.



7 years ago
Stocks rise, dollar slides, with eyes on U.S.-Sino trade talks

Stocks rise, dollar slides, with eyes on U.S.-Sino trade talks

Stocks were near session highs on Thursday after U.S. President Donald Trump said he would meet with China's top trade negotiator on Friday, while oil rose as OPEC pledged a decision on supply at its December meeting.



7 years ago
Stocks rise with eyes on trade talks; pound rallies

Stocks rise with eyes on trade talks; pound rallies

Stocks rose on Thursday after U.S. President Donald Trump said he would meet with China's top trade negotiator on Friday, while the British pound rallied after the prime ministers of Britain and Ireland revived hopes of a possible Brexit deal.



7 years ago
Apple pulls app used to track Hong Kong police, protesters

Apple pulls app used to track Hong Kong police, protesters

Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to ambush law enforcement, following sharp criticism of the U.S. tech giant by a Chinese state newspaper for allowing the software.



7 years ago
Trade deal hopes lift Wall St for second straight session

Trade deal hopes lift Wall St for second straight session

U.S. stocks rose by about 1% for the second straight day on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.



7 years ago
Google secures two Android phone makers' backing in fight against EU antitrust order

Google secures two Android phone makers' backing in fight against EU antitrust order

Alphabet unit Google's fight against a record EU antitrust fine related to its Android mobile software received a boost after Europe's second-highest court allowed Android phone maker Gigaset and HMD Global Oy to intervene in the lawsuit.



7 years ago
U.S. consumer inflation tame, labor market still tightening

U.S. consumer inflation tame, labor market still tightening

U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.



7 years ago
Apple pulls app used to track Hong Kong police, Cook defends move

Apple pulls app used to track Hong Kong police, Cook defends move

Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to target officers, after a Chinese state newspaper sharply criticized the U.S. tech giant for allowing the software.



7 years ago