Latest News on private equities market

Samsung heir braces for top court ruling in ex-president bribery case

Samsung heir braces for top court ruling in ex-president bribery case

Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables.



7 years ago
Tesla rolls out insurance in California

Tesla rolls out insurance in California

Tesla Inc said on Wednesday it was launching an insurance service designed to give drivers in California, its biggest market, lower rates because of safety features on its electric vehicles.



7 years ago
IMF staff analyzing Argentina's new debt plan: spokesman

IMF staff analyzing Argentina's new debt plan: spokesman

The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina's Treasury Ministry on Wednesday, an IMF spokesman said.



7 years ago
Fed's Daly says she's in a 'watch and see' mode on rates

Fed's Daly says she's in a 'watch and see' mode on rates

San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut, but said she believes acting early is better than waiting too long.



7 years ago
Argentina to extend maturities of international bonds, IMF debt: Treasury minister

Argentina to extend maturities of international bonds, IMF debt: Treasury minister

Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.



7 years ago
USDA to probe beef market after Tyson Foods slaughterhouse fire

USDA to probe beef market after Tyson Foods slaughterhouse fire

U.S. Agriculture Secretary Sonny Perdue ordered an investigation into widening prices between cattle and beef on Wednesday after a recent fire at a Tyson Foods Inc slaughterhouse in Holcomb, Kansas, shut the plant.



7 years ago
Trump to announce plan to boost biofuel demand soon: U.S. agriculture secretary

Trump to announce plan to boost biofuel demand soon: U.S. agriculture secretary

U.S. President Donald Trump will announce a plan to boost demand for biofuels within weeks, his secretary of agriculture said on Wednesday, as the administration seeks to assuage farmers angered by its expanded use of oil refinery waivers.



7 years ago
PVH cuts profit and revenue forecast as tariffs, Hong Kong protests bite

PVH cuts profit and revenue forecast as tariffs, Hong Kong protests bite

PVH Corp cut its full-year profit forecast for the second time this year on Wednesday, as the Calvin Klein owner sees pressure from the protracted U.S-China trade tensions and the ongoing protests in Hong Kong.



7 years ago
U.S. does not intend to intervene in currency markets for now, Mnuchin tells Bloomberg

U.S. does not intend to intervene in currency markets for now, Mnuchin tells Bloomberg

U.S. Treasury Secretary Steven Mnuchin said on Wednesday the United States does not intend to intervene in currency markets for now, Bloomberg News reported.



7 years ago
Icahn opposes new directors chosen by Occidental CEO

Icahn opposes new directors chosen by Occidental CEO

Activist investor Carl Icahn on Wednesday opposed the appointment of two new directors picked by Chief Executive Officer Vicki Hollub for Occidental Petroleum Corp's board.



7 years ago
Calvin Klein owner PVH cuts full-year profit, revenue forecast

Calvin Klein owner PVH cuts full-year profit, revenue forecast

PVH Corp cut its full-year profit and revenue forecast on Wednesday, as the Calvin Klein owner sees pressure from the escalating trade tensions between the U.S. and China and the ongoing protests in Hong Kong.



7 years ago
Boeing wins $500 million U.S. defense contract: Pentagon

Boeing wins $500 million U.S. defense contract: Pentagon

Boeing Co has been awarded a $500 million contract for providing F-15QA aircrew and maintenance training to Qatar's air force, the Pentagon said on Wednesday.



7 years ago

NBA star-turned-businessman Shaq reveals the worst investment he ever made

Basketball legend-turned-businessman Shaquille O'Neal told CNBC on Wednesday about the worst investment he ever made.

7 years ago
Fed's Daly says her 'bias' is to run hot U.S. economy

Fed's Daly says her 'bias' is to run hot U.S. economy

San Francisco Federal Reserve President Mary Daly on Thursday signaled support for continued U.S. monetary policy accommodation, saying she believes the benefits of running a "hot" economy currently outweigh the potential costs.



7 years ago
Forever 21 prepares for potential bankruptcy filing: Bloomberg

Forever 21 prepares for potential bankruptcy filing: Bloomberg

Fashion retailer Forever 21 Inc is preparing for a potential bankruptcy filing, Bloomberg reported on Wednesday, citing people with knowledge of the plans.



7 years ago