Latest News on private equities market

Hurricane Dorian churns northward. How homeowners can prepare for insurance claims

Homeowners can take steps now to help the insurance claims process go more smoothly, experts say.

5 years ago

Global stocks rally, U.S. Treasury yield curve steepens on upbeat geopolitical news

Stocks rebounded worldwide on Wednesday, and the U.S. Treasury yield curve steepened as easing geopolitical concerns and upbeat economic data from China helped revive investor risk appetite.



5 years ago

Wall Street rises on strong Chinese data, Hong Kong and Brexit news

Wall Street's main indexes rebounded on Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers' approval of a law to delay Brexit provided a dose of optimism to investors worried about global growth.



5 years ago

Slack loss forecast bigger than expected, shares plunge

Slack Technologies Inc forecast a bigger-than-expected loss for the third quarter on Wednesday, as the workplace messaging and communication platform invests heavily to attract paid customers and organizations in the face of competition from companies like Microsoft Corp .



5 years ago

U.S. judge approves CVS purchase of insurer Aetna

A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health Corp to merge with insurer Aetna said on Wednesday that the agreement was legal under antitrust law.



5 years ago

Equities advance, U.S. Treasury yield curve steepens on easing geopolitical fears

Stocks rebounded worldwide on Wednesday, and the U.S. Treasury yield curve steepened as upbeat geopolitical news and positive economic data from China helped revive risk appetite.



5 years ago

Bank of America recognizes pretax impairment charge of $2.1 billion

(Reporting by Abhishek Manikandan in Bengaluru; Editing by Maju Samuel)



5 years ago

Effort to disqualify lawyer part of U.S. campaign against Huawei: counsel

The effort to stop a former U.S. Justice Department official from representing Huawei is another step in a broader U.S. government campaign against the Chinese company, a lawyer for Huawei argued on Wednesday.



5 years ago

U.S. safety agency cites Tesla Autopilot design as factor in 2018 California crash

The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc's Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.



5 years ago

U.S. sues to stop Novelis purchase of Aleris

The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's [NVLXC.UL] proposed $2.6 billion purchase of Aleris Corp because of concern over higher prices for aluminum sheet used to make cars.



5 years ago

Fed's rate-cut debate focuses on 'robust' U.S. consumer

Slowing global economies, the escalating trade war between Washington and Beijing and a warning sign of recession flashing in the U.S. Treasury market have all fed expectations the Federal Reserve is poised to lower rates at the close of its Sept. 17-18 meeting.



5 years ago

U.S. imposes duties on structural steel from China, Mexico

The U.S. Commerce Department said on Wednesday it imposed duties on Chinese and Mexican structural steel after making a preliminary determination that producers in both countries had dumped fabricated structural steel on the U.S. market at prices below fair market value.



5 years ago

GM CEO Barra set to hold White House meetings on Thursday: sources

General Motors chief executive Mary Barra is set to meet with U.S. President Donald Trump and White House officials on Thursday to discuss a variety of issues including trade, ongoing contract talks and revising fuel efficiency standards, three people briefed on the matter said.



5 years ago

New York City sues T-Mobile over 'rampant' customer sales abuses

New York City sued T-Mobile USA Inc on Wednesday, accusing the fourth-largest U.S. mobile phone company of engaging in "rampant" sales abuses of customers for its lower-priced, prepaid wireless brand, Metro by T-Mobile.



5 years ago

Slack forecasts bigger third-quarter loss, slowing revenue growth; shares tumble

Slack Technologies Inc forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss in its first report as a public company on Wednesday, as it faces intense competition from Microsoft Corp and others.



5 years ago