Latest News on private equities market

FCC probes Sprint for subsidies for 885,000 subscribers that did not receive service

FCC probes Sprint for subsidies for 885,000 subscribers that did not receive service

The Federal Communications Commission said Tuesday Sprint Corp received tens of millions of dollars in monthly government subsidies for 885,000 low-income subscribers that were not using the service and said its Enforcement Bureau is investigating.



7 years ago
Chipotle faces more labor complaints at New York City stores

Chipotle faces more labor complaints at New York City stores

Chipotle Mexican Grill Inc is facing fresh claims that it violated New York City's labor laws after the city sued the fast casual restaurant chain two weeks ago.



7 years ago
Wall Street drops on Trump's trade comments, weak consumer data

Wall Street drops on Trump's trade comments, weak consumer data

U.S. stocks fell on Tuesday, after President Donald Trump delivered a stinging rebuke to China's trade practices, while disappointing consumer confidence data raised concerns over the impact of a prolonged trade war between the two nations.



7 years ago
Novartis blames former AveXis executives for Zolgensma data manipulation

Novartis blames former AveXis executives for Zolgensma data manipulation

Novartis AG blamed former executives Brian and Allan Kaspar for the manipulation of data behind its $2.1 million gene therapy Zolgensma, saying they either personally manipulated the data or pressured subordinates into doing so.



7 years ago
Stock futures slip after Pelosi launches Trump impeachment inquiry

Stock futures slip after Pelosi launches Trump impeachment inquiry

Stocks were set for a muted open after House Speaker Nancy Pelosi said she will launch a formal impeachment inquiry on President Donald Trump.

7 years ago
German prosecutors fine Daimler almost $1 billion for breaking diesel rules

German prosecutors fine Daimler almost $1 billion for breaking diesel rules

Daimler will pay a fine of 870 million euros ($957 million) for breaking diesel emissions regulations, German prosecutors said on Tuesday.



7 years ago
Disney is the 'best name in media,' says Wells Fargo

Disney is the 'best name in media,' says Wells Fargo

Disney's entrance into streaming space sets it up to dominate the media industry, according to Wells Fargo.

7 years ago
Novartis blames former Avexis executives for Zolgensma manipulation

Novartis blames former Avexis executives for Zolgensma manipulation

Novartis AG laid the blame for the manipulation of data behind its $2.1 million gene therapy Zolgensma at the feet of the former executives Brian and Allan Kaspar, who it alleges either personally manipulated the data or pressured subordinates to manipulate the data.



7 years ago
Explainer: What is causing Cuba's acute shortage of fuel?

Explainer: What is causing Cuba's acute shortage of fuel?

Long lines of drivers at gas stations in Cuba and hours of wait for public transport are signs of the impact of sanctions imposed by the United States this year on the Caribbean island and its main ally, oil producer Venezuela.



7 years ago
Techs boost Wall Street as trade concerns ease

Techs boost Wall Street as trade concerns ease

U.S. stocks rose on Tuesday, lifted by technology shares, after Washington confirmed that trade talks with China would resume in two weeks, easing some uncertainty fueled by the cancellation of a planned U.S. farm visit by Chinese delegates last week.



7 years ago
Oil slips as focus shifts from Saudi supply to global demand concerns

Oil slips as focus shifts from Saudi supply to global demand concerns

Oil prices eased on Tuesday as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand and away from uncertainty around supply disruptions in Saudi Arabia.



7 years ago
AB InBev Asia unit raises $5 billion in world's second-largest 2019 IPO

AB InBev Asia unit raises $5 billion in world's second-largest 2019 IPO

AB InBev said it has raised about $5 billion in a Hong Kong IPO of the brewer's Asia-Pacific unit after pricing it at the bottom of a marketed range, as investors backed a deal seen as offering value despite the city being hit by protests.



7 years ago
About 45 Tunisian hotels affected by the collapse of Thomas Cook

About 45 Tunisian hotels affected by the collapse of Thomas Cook

About 45 hotels have been affected in Tunisia after the collapse of Thomas Cook, and the government will help the hotels with soft loans, Tunisia's tourism minister said on Tuesday.



7 years ago
Hydrogen hurdles: a deadly blast hampers South Korea's big fuel cell car bet

Hydrogen hurdles: a deadly blast hampers South Korea's big fuel cell car bet

Aiming to cash in on a major push by South Korea to promote fuel cell vehicles, Sung Won-young opened a hydrogen refueling station in the city of Ulsan last September. Just one year on, he's thinking about closing it down.



7 years ago
Mexico tourism mostly unaffected by Thomas Cook closure: ministry

Mexico tourism mostly unaffected by Thomas Cook closure: ministry

The collapse of British travel firm Thomas Cook will not have a "significant impact" on Mexico's tourist industry as it only represents about 0.4% of the sector's foreign income, the Mexican tourism ministry said on Tuesday.



7 years ago