Latest News on private equities market

UAW threatens a walkout at GM after contract expires

UAW threatens a walkout at GM after contract expires

The United Auto Workers (UAW) turned up the pressure on General Motors Co, threatening a strike by Sunday night if the company does not agree to its terms and ordering 850 maintenance workers at five GM facilities to walk off the job.



7 years ago
Finance start-up SoFi strikes deal to put its name on new LA stadium for the Rams and Chargers

Finance start-up SoFi strikes deal to put its name on new LA stadium for the Rams and Chargers

SoFi is putting its name on the most expensive NFL stadium ever built.

7 years ago
After LSE's sharp rebuff, HKEX begins investor charm offensive

After LSE's sharp rebuff, HKEX begins investor charm offensive

Hong Kong Exchanges and Clearing is embarking on a three-week charm offensive with London Stock Exchange investors as the Asian trading house tries to salvage its proposed $39 billion takeover offer.



7 years ago
'It's not a free market': These manufacturers say tariffs help level the playing field with China

'It's not a free market': These manufacturers say tariffs help level the playing field with China

Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.

7 years ago
Fed trades 'remarkably positive' for 'no precedents' after volatile year

Fed trades 'remarkably positive' for 'no precedents' after volatile year

A year ago, U.S. Federal Reserve Chair Jerome Powell held a "remarkably positive outlook" for an economy enjoying a "historically rare" combination of good news including low unemployment, steady inflation and strong growth that were all expected to continue.



7 years ago
Money woes? It could be time to dump your financial advisor

Money woes? It could be time to dump your financial advisor

Not every relationship lasts forever. And the one with your financial advisor doesn't need to, either.

7 years ago
UAW walkout turns up heat on GM as contract expires

UAW walkout turns up heat on GM as contract expires

Leaders of the United Auto Workers (UAW) turned up the pressure on General Motors Co on Sunday, ordering 850 maintenance workers at five GM facilities to walk off the job ahead of a meeting in Detroit on whether to call a wider strike.



7 years ago
Analyst View: Saudi attacks raise specter of oil at $100/barrel

Analyst View: Saudi attacks raise specter of oil at $100/barrel

The oil market will rally by $5-10 per barrel when it opens on Monday and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly resume oil supply lost after attacks over the weekend, traders and analysts said.



7 years ago
Saudi, Gulf stocks fall after attacks on Aramco oil plants

Saudi, Gulf stocks fall after attacks on Aramco oil plants

Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out more than half of Saudi crude output.



7 years ago
WeWork IPO spells rough landing for CEO Neumann

WeWork IPO spells rough landing for CEO Neumann

Adam Neumann showed he can capitalize on troubled times a decade ago, tapping into demand for workspace by those forced out of jobs in the aftermath of the financial crisis to grow WeWork into a global brand commanding a $47 billion valuation.



7 years ago
Saudi, Gulf stocks fall after attack on Aramco oil plants

Saudi, Gulf stocks fall after attack on Aramco oil plants

Saudi stocks plunged 2.3% as the market opened on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out more than half of Saudi crude output.



7 years ago
UAE regulator not optimistic on Boeing 737 MAX return this year

UAE regulator not optimistic on Boeing 737 MAX return this year

The head of the United Arab Emirates' General Civil Aviation Authority said on Sunday he was not optimistic that the Boeing 737 MAX would return to operations this year and that the first quarter of 2020 was more likely.



7 years ago
UAE aviation authority not optimistic Boeing 737 MAX will return this year

UAE aviation authority not optimistic Boeing 737 MAX will return this year

The head of the United Arab Emirates' General Civil Aviation Authority said on Sunday he was not optimistic the Boeing 737 MAX would return to operations in the fourth quarter of this year and it was more likely to be in the first quarter of 2020.



7 years ago
As talks falter, UAW calls first national strike against GM since 2007

As talks falter, UAW calls first national strike against GM since 2007

The United Auto Workers (UAW) said on Sunday that its roughly 48,000 hourly workers at General Motors Co facilities would go on strike as of midnight Sunday after U.S. labor contract talks reached an impasse, the first nationwide strike at GM in 12 years.



7 years ago
Axel Springer plans layoffs after KKR becomes biggest shareholder: report

Axel Springer plans layoffs after KKR becomes biggest shareholder: report

Axel Springer is planning layoffs as part of a cost-cutting program that would mainly affect its newspapers, the German media group's chief executive told the Sueddeutsche Zeitung in an interview released on Sunday.



7 years ago