Latest News on private equities market

Spirit Airlines must face lawsuit over 'gotcha' carry-on bag fees: court

Spirit Airlines must face lawsuit over 'gotcha' carry-on bag fees: court

A federal appeals court revived a lawsuit by Spirit Airlines passengers who said the low-cost carrier blindsided them by imposing unexpected carry-on bag fees on tickets bought through Cheapoair, Expedia, Priceline and Travelocity.



7 years ago
Germany pumps 650 million euros into IBM quantum computing alliance

Germany pumps 650 million euros into IBM quantum computing alliance

IBM is joining forces with a German research institute to explore the potential of quantum computing in a project that the government in Berlin will back to the tune of 650 million euros ($717 million) over two years.



7 years ago
Boeing says depressurization issue led to suspension of 777X load testing

Boeing says depressurization issue led to suspension of 777X load testing

Boeing Co said on Tuesday suspension of final load testing of its new widebody 777X aircraft was due to an issue that involved depressurization of the rear fuselage of the plane.



7 years ago
Bayer to reduce size of management board to five

Bayer to reduce size of management board to five

Bayer management board members Hartmut Klusik and Kemal Malik will leave at the end of the year without a replacement, as the German drugmaker reduces its board to five seats to cut costs.



7 years ago
WeWork IPO valuation may dip below $20 billion in fresh blow to leading investor SoftBank

WeWork IPO valuation may dip below $20 billion in fresh blow to leading investor SoftBank

WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter said, the latest blow to leading tech investor SoftBank Group after limp flotations of Uber and Slack .



7 years ago
Wall Street slips as global growth concerns hit tech stocks

Wall Street slips as global growth concerns hit tech stocks

A fall in technology stocks pulled Wall Street's main indexes lower on Tuesday as weak economic data from China revived global recession fears, but losses were tempered by hopes on trade.



7 years ago
Declining U.S. vacancies point to slowing job growth

Declining U.S. vacancies point to slowing job growth

U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, bolstering economists' views that job growth has peaked.



7 years ago
China to buy U.S. goods to sweeten trade deal: SCMP

China to buy U.S. goods to sweeten trade deal: SCMP

China is expected to buy more agricultural products in hope for a better trade deal with the United States, South China Morning Post reported https://bit.ly/2manJ5q on Tuesday, citing a source.



7 years ago
U.S. sets preliminary duties of up to 222% on Chinese ceramic tile

U.S. sets preliminary duties of up to 222% on Chinese ceramic tile

The U.S. Commerce Department said on Tuesday that it found that imports of ceramic tile from China are unfairly subsidized and it imposed preliminary duties on them ranging from about 104% to 222%.



7 years ago
Jamie Dimon says JP Morgan is preparing for the risk of zero rates in the US

Jamie Dimon says JP Morgan is preparing for the risk of zero rates in the US

Dimon, chairman and CEO of J.P. Morgan, was speaking Tuesday at a conference in New York.

7 years ago
Apple reveals streaming service price, launch date of November 1

Apple reveals streaming service price, launch date of November 1

Apple Inc revealed on Tuesday that its streaming TV service will kick off Nov. 1 and cost $4.99 a month, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software.



7 years ago
Factbox: Apple launches streaming service at $4.99/month, unveils new iPad

Factbox: Apple launches streaming service at $4.99/month, unveils new iPad

Apple Inc on Tuesday launched a new streaming TV service, which will showcase original shows at a monthly price of $4.99.



7 years ago
IBM, Fraunhofer partner on German-backed quantum computing research push

IBM, Fraunhofer partner on German-backed quantum computing research push

IBM is joining forces with a German research institute to explore the potential of quantum computing, as the government in Berlin backs research in the field to the tune of 650 million euros ($717 million) over two years.



7 years ago
GE to lose majority control of Baker Hughes with up to $3 billion share sale

GE to lose majority control of Baker Hughes with up to $3 billion share sale

General Electric Co is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate's stake in the oilfield services provider to less than 50%, Baker Hughes said on Tuesday.



7 years ago
Amid protests, U.S. lawmakers say Hong Kong rules could leak tech to China

Amid protests, U.S. lawmakers say Hong Kong rules could leak tech to China

A group of U.S. senators asked President Donald Trump's administration on Tuesday to assess U.S. export rules for Hong Kong, expressing concern China could acquire sensitive technologies because of the city's special treatment under U.S. law.



7 years ago