Latest News on private equities market

SmileDirectClub falls 11% in U.S. market debut

SmileDirectClub falls 11% in U.S. market debut

Shares of SmileDirectClub , a teeth alignment company, tumbled 10.7% in their market debut on Thursday, after the company's initial public offering was priced above expectations.



7 years ago
Goldman Sachs hires former Amazon executive for top technology role

Goldman Sachs hires former Amazon executive for top technology role

Goldman Sachs is beefing up its technology team by bringing in a top Amazon cloud executive.

7 years ago
Grand jury indicts GE's Baker Hughes for exposing workers to toxic chemicals

Grand jury indicts GE's Baker Hughes for exposing workers to toxic chemicals

A grand jury in Alaska this week indicted General Electric's Baker Hughes , two of its subsidiaries and an employee, for 25 felony charges of assault relating to toxic chemical releases at a construction site, according to authorities.



7 years ago
Exclusive: Ahead of trade talks, China makes biggest U.S. soybean purchases since June - traders

Exclusive: Ahead of trade talks, China makes biggest U.S. soybean purchases since June - traders

Chinese importers bought at least 10 boatloads of U.S. soybeans on Thursday, their most significant purchases since at least June, traders said, ahead of high-level talks next month aimed at ending a bilateral trade war that has lasted more than a year.



7 years ago
Mexico's Pemex places $7.5 billion of bonds in record refinancing operation

Mexico's Pemex places $7.5 billion of bonds in record refinancing operation

Mexican state oil company Pemex said on Thursday it had placed $7.5 billion worth of bonds with maturities of seven, 10 and 30 years that will be used for debt refinancing.



7 years ago
Factbox: Highlights from criminal complaint in widening UAW corruption probe

Factbox: Highlights from criminal complaint in widening UAW corruption probe

A senior United Auto Workers (UAW) official was arrested on Thursday and charged with conspiring with other union leaders to embezzle hundreds of thousands of dollars in a mushrooming corruption scandal.



7 years ago
Uber is sued over resistance to California 'gig' employment law

Uber is sued over resistance to California 'gig' employment law

A driver for Uber has sued the company for misclassifying its drivers as independent contractors, hours after California legislators voted to help thousands of those workers become, and enjoy the benefits of being, employees.



7 years ago
Stocks climb, bond yields off lows, on trade progress hopes

Stocks climb, bond yields off lows, on trade progress hopes

A gauge of global stock markets touched its highest since late July on Thursday after fresh hints of progress in the U.S.-China trade dispute, sending bond yields off lows hit earlier in the wake of the European Central Bank's new stimulus measures.



7 years ago
ECB's tiered rate is cold comfort for euro zone banks

ECB's tiered rate is cold comfort for euro zone banks

The European Central Bank is giving euro zone banks a small reprieve from a penalty charge on their idle cash but this is likely to prove too little, too late for a sector hurt by years of low interest rates.



7 years ago
Departure of Nissan's Saikawa hastened by independent directors: sources

Departure of Nissan's Saikawa hastened by independent directors: sources

The fate of Nissan CEO Hiroto Saikawa was sealed by two external directors who persuaded the board on Monday to oust the company veteran and spare the carmaker more reputational damage after a string of high-profile scandals, two sources said.



7 years ago
Don't be surprised if that credit score you see is not what your lender actually uses

Don't be surprised if that credit score you see is not what your lender actually uses

Consumers often discover that the score they check online is different from the number that's used when they apply for a loan.

7 years ago
Trump advisers considering interim China trade deal to delay tariffs: Bloomberg

Trump advisers considering interim China trade deal to delay tariffs: Bloomberg

U.S. trade advisers have discussed offering China a limited trade deal that would delay and even roll back some U.S. tariffs for the first time in return for Chinese commitments on intellectual property and agricultural purchases, Bloomberg reported, citing people familiar with the matter.



7 years ago
Deutsche Bank is first to settle Fannie Mae, Freddie Mac bond rigging lawsuit

Deutsche Bank is first to settle Fannie Mae, Freddie Mac bond rigging lawsuit

Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac , becoming the first of 16 financial services companies to settle litigation by investors.



7 years ago
Your Social Security checks could get bigger next year. Here's how much

Your Social Security checks could get bigger next year. Here's how much

One new estimate pegs the Social Security cost-of-living adjustment at 1.6% next year. That means the average benefits would go up by about $23.40 per month.

7 years ago
Draghi ties Lagarde's hands with promise of indefinite stimulus

Draghi ties Lagarde's hands with promise of indefinite stimulus

European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of his successor for years to come and sparking an immediate conflict with U.S. President Donald Trump.



7 years ago