Latest News on private equities market

Former NFL players thought they were suing over brain injuries — they lost their savings instead

Former NFL players wanted recourse for their brain injuries. They lost their savings instead

5 years ago

Campbell profit beats as soup sales heat up, shares rise

Campbell Soup Co on Friday reported better-than-expected fourth-quarter profit and margins as the food company sold more soups and snacks, tightened up its supply chain and cut costs, sending shares up more than 8%.



5 years ago

Amazon and Indian trader group in public spat over discounts

Amazon.com defended its business strategies in India as it came under fire from a local trader group on Friday over discounted products on the global e-commerce giant's website.



5 years ago

Tesla Promises up to 30% Lower Insurance Rates with New Car Insurance Play

TechCrunch | Kirsten Korosec | Aug 28, 2019 Tesla said Wednesday it has launched an insurance product, promising owners of its electric vehicles to deliver rates 20% and even as high as 30% lower than other insurance providers. For now, the product known as Tesla Insurance, will only be available to owners in California. The

5 years ago

Wall St. rises on trade hopes, strong consumer spending data

U.S. stocks rose on Friday as an easing of trade tensions between the United States and China, and data showing solid domestic consumer spending abated concerns that major economies were on the brink of a recession.



5 years ago

AirAsia cuts Airbus A330neo order plans, shifts to A321XLR

Malaysian budget carrier AirAsia Group Bhd scaled back plans to order the Airbus A330neo wide-body passenger jet by nearly two thirds on Friday, switching its focus instead to a long-range new version of the popular A321 series.



5 years ago

China to exempt Tesla cars from purchase tax

China will exempt Tesla Inc's electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on its website on Friday.



5 years ago

OPEC posts first 2019 oil-output rise despite Saudi cuts: Reuters survey

OPEC oil output has risen in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by top exporter Saudi Arabia and losses caused by U.S. sanctions on Iran, a Reuters survey found.



5 years ago

Leave room for the firetruck: Insurers help design mansions to tame disaster losses

Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned.



5 years ago

China-U.S. trade talk teams keeping 'effective communication': China

Chinese and U.S. trade negotiating teams are maintaining effective communication, China's Foreign Ministry said on Friday, less than 48 hours before U.S. tariffs kick in on an additional $125 billion in Chinese goods.



5 years ago

Google to pay up to $200 million to FTC on YouTube probe: Politico

Alphabet Inc's Google will pay in the range of $150 million to $200 million to settle the Federal Trade Commission's investigation into YouTube's alleged violation of a certain children's privacy law, Politico reported on Friday.



5 years ago

Hans Rausing, driving force behind Tetra Pak, dies at 93: family

Hans Rausing, the billionaire Swedish industrialist who helped turn Tetra Pak into one of the world's biggest food packaging companies, has died aged 93, his family said in a statement.



5 years ago

Global stocks edge higher on trade hopes, but yuan softens as tariffs loom

Hopes of easing trade tensions between China and the United States helped a gauge of global stocks edge higher on Friday despite weakness on Wall Street, though caution over pending U.S. tariffs on Chinese goods put the yuan on track for its biggest monthly decline in 25 years.



5 years ago

Wall St. flattens out into Labor Day weekend

Gains on Wall Street petered out on Friday, with the Nasdaq index turning negative, as an upbeat mood fueled by signs of upcoming U.S.-China trade talks and solid domestic consumer spending data, waned ahead of a long Labor day weekend.



5 years ago

Here’s what's stopping millenials from buying houses

Homeownership among millenials is lower than their parents and grandparents.

5 years ago