Latest News on private equities market

Snap, in augmented reality push, launches new Spectacles version

Snap Inc said Tuesday it will launch a new version of its Spectacles sunglasses that will have the capability of capturing photos and videos and uploading them directly to its unit Snapchat.



5 years ago

Fidelity battles IRS in court over coal tax credits

Fidelity Investments' courtroom battle with the IRS over disallowed tax credits drew to a close on Tuesday when lawyers clashed over whether the mutual fund giant was a bonafide partner in the production of chemically treated coal.



5 years ago

CBS, Viacom reach deal to reunite Sumner Redstone's media empire

CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire after 13 years apart.



5 years ago

Wall Street rebounds as tariff delay prompts rally

Wall Street rose on Tuesday after the Trump administration announced a delay on select Chinese import tariffs, bringing buyers back to the equities market in a broad-based rally.



5 years ago

CBS, Viacom agree to merge in all-stock deal

CBS Corp and Viacom Inc agreed to merge on Tuesday, creating a company with more than $28 billion in revenue, as an increasingly competitive media landscape prompted their controlling shareholder to reunify the U.S. entertainment companies 13 years after breaking them up.



5 years ago

Greenspan says 'there is no barrier' to negative yields in the US

Alan Greenspan said nothing is stopping the U.S. from getting sucked into the global trend of negative yielding debt.

5 years ago

A $1 trillion US budget deficit is one big reason the Fed may have to cut rates

If low inflation, a wobbly economy and tariff jitters weren't enough to push the Federal Reserve to lower interest rates, there's another reason.

5 years ago

Facebook paid contractors to transcribe users' audio: Bloomberg

Facebook Inc has been paying outside contractors to transcribe audio clips from users of its services, Bloomberg reported on Tuesday, citing people familiar with the matter.



5 years ago

Nanno on Republic

Nanno, with a valuation cap of $9 million, is raising funds on Republic. The Nanno platform provides a connection between baby sitters and parents on demand. It allows parents to set their criteria for the caregivers they require and matches them with the suitable sitters. The bookings and payments are done over the platform, and [...]


The post Nanno on Republic appeared first on Crowditz.


5 years ago

Oil soars near 5% as U.S. delays tariffs on some Chinese goods

Oil prices on Tuesday jumped by the most so far this year after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummeled the market in recent months.



5 years ago

Trump backs off China tariff plan with delays for cellphones, laptops

President Donald Trump on Tuesday backed off his plan to impose 10% tariffs on remaining Chinese imports on Sept. 1, delaying duties on cellphones, laptops and many other consumer goods in the hopes of blunting their impact on U.S. holiday sales.



5 years ago

Domestic terrorism may boost interest in this type of insurance coverage

The chances of a violent event while you're outside are high enough that a new insurance product has emerged: active shooter coverage.

5 years ago

Colgate warns Venezuelans not to buy fake imported toothpaste brands

Colgate-Palmolive Co is warning Venezuelans not buy fake versions of its toothpaste brands, leading local authorities to issue a health warning, as demand for imported products in Venezuela's dysfunctional economy encourages the spread of knock-off goods.



5 years ago

CBS-Viacom is just the beginning of Shari Redstone's media deals

More than two months before CBS Corp and Viacom Inc succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger.



5 years ago

Shares, dollar rebound on thaw in U.S.-China trade war

U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on some Chinese products, easing concerns that a protracted trade war would harm global growth.



5 years ago