Latest News on private equities market

Fidelity fund's big bet on Juul looms large amid controversy

Fidelity fund's big bet on Juul looms large amid controversy

Juul Labs Inc has become one the biggest bets in the portfolio of Fidelity’s $28 billion Blue Chip Growth Fund, whose exposure to the troubled e-cigarette maker has climbed to $761 million amid a regulatory backlash and departure of its top executive.



6 years ago
Amazon brings Samuel L. Jackson's voice to Alexa and announces voice-controlled glasses

Amazon brings Samuel L. Jackson's voice to Alexa and announces voice-controlled glasses

Amazon.com Inc on Wednesday said actor Samuel L. Jackson and other celebrities will voice speech for the company's virtual assistant Alexa, while the voice aid will also be built into a new wearable line of earbuds, eyeglasses and a ring.



6 years ago
Chevron says no arbitration for now over Thai energy dispute

Chevron says no arbitration for now over Thai energy dispute

U.S. energy major Chevron Corp has decided to continue negotiations with Thailand rather than seek arbitration to resolve a dispute over who should pay the bill for removing offshore oil and gas platforms, the company told Reuters on Wednesday.



6 years ago
Factbox: U.S. lawsuits take aim at vaping

Factbox: U.S. lawsuits take aim at vaping

Several deaths and potentially hundreds of illnesses tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking, have been reported by U.S. health agency. Lawsuits on behalf of young consumers have been filed against e-cigarette maker Juul Labs Inc and others are expected amid increasing scrutiny.



6 years ago
Timeline: Significant events in the history of Juul

Timeline: Significant events in the history of Juul

The following are some significant events in the history of Juul.



6 years ago
Juul boss exits in vaping crisis as Philip Morris, Altria axe merger talks

Juul boss exits in vaping crisis as Philip Morris, Altria axe merger talks

The chief executive of e-cigarette maker Juul stepped down on Wednesday as merger talks between its biggest investor Altria and Philip Morris collapsed in the face of a regulatory backlash against vaping that could reshape the industry.



6 years ago
Boeing expected to testify at U.S. Senate hearing on aviation safety

Boeing expected to testify at U.S. Senate hearing on aviation safety

Boeing Co is expected to testify at an upcoming U.S. Senate Commerce Committee hearing on aviation safety, a spokeswoman for the panel said Wednesday.



6 years ago
WeWork to put up three businesses for sale: The Information

WeWork to put up three businesses for sale: The Information

WeWork owner The We Company will try to sell three companies it had acquired in the last few years, The Information reported on Wednesday, citing people familiar with the matter.



6 years ago
Wall Street bounces back as investors shrug off impeachment risk

Wall Street bounces back as investors shrug off impeachment risk

The S&P 500 notched its biggest daily gain in two weeks on Wednesday as investors shrugged off the news of an impeachment inquiry into President Donald Trump, while Nike shares jumped on upbeat quarterly results.



6 years ago
U.S., Japan sign limited trade deal, leaving autos for future talks

U.S., Japan sign limited trade deal, leaving autos for future talks

U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe signed a limited trade deal on Wednesday that cuts tariffs on U.S. farm goods, Japanese machine tools and other products while further staving off the threat of higher U.S. car duties.



6 years ago
Japan's Motegi: No extra U.S. tariffs on Japan cars while trade deal is being implemented

Japan's Motegi: No extra U.S. tariffs on Japan cars while trade deal is being implemented

No additional U.S. tariffs will be imposed on Japanese cars as long as a U.S.-Japan trade deal, which was agreed on Wednesday between President Donald Trump and Prime Minister Shinzo Abe, is being implemented faithfully, Japanese Foreign Minister Toshimitsu Motegi said.



6 years ago
Wall Street opens flat as Trump impeachment threat weighs

Wall Street opens flat as Trump impeachment threat weighs

U.S. stocks opened largely flat on Wednesday as a move to launch an impeachment inquiry into President Donald Trump unnerved investors, but losses were limited as Nike and tobacco stocks rose.



6 years ago
Abu Dhabi's Etihad delays entry into service of Airbus A350-1000 jets

Abu Dhabi's Etihad delays entry into service of Airbus A350-1000 jets

Abu Dhabi's Etihad Airways is delaying the entry into service of five Airbus A350-1000 jets as it strives to return to profitability after three consecutive years of losses.



6 years ago
Want to invest like Warren Buffett? You'll need to recognize your emotions, not ignore them

Want to invest like Warren Buffett? You'll need to recognize your emotions, not ignore them

We're living, human beings with emotions and feelings. Stop trying to be a robot when it comes to your money.

6 years ago
Saudi crude loadings fall in September after attacks: trackers

Saudi crude loadings fall in September after attacks: trackers

Saudi Arabia's crude exports dropped steeply following the Sept. 14 attacks and remain lower month-on-month, according to export figures, a tangible sign that supplies to the market are being curbed even as production recovers.



6 years ago