Latest News on private equities market

Huawei plans high-end phone launch under cloud of Android ban

Huawei plans high-end phone launch under cloud of Android ban

Huawei Technologies plans to forge ahead with the launch of new high-end smartphones in Europe even though it may not be able to offer Google's official Android operating system and widely used apps such as Google Maps, company executives told Reuters.



7 years ago
Explainer: U.S. dollar intervention: What would it take?

Explainer: U.S. dollar intervention: What would it take?

The strength of the U.S. dollar has long been a thorn in President Donald Trump's side. That has put the almost unthinkable scenario of currency intervention up for debate in global foreign exchange circles.



7 years ago
Tiffany profit tops Street estimates, sales fall on tourist spending drop

Tiffany profit tops Street estimates, sales fall on tourist spending drop

Luxury jeweler Tiffany & Co on Wednesday reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs, even as declines in tourist spending in the United States and political unrest in Hong Kong dragged on sales.



7 years ago
Over 200 U.S. companies urge Trump to cancel proposed higher tariffs

Over 200 U.S. companies urge Trump to cancel proposed higher tariffs

Over 200 U.S. footwear companies on Wednesday urged U.S. President Donald Trump to cancel proposed higher tariffs on Chinese imports that take effect beginning next month, calling them hidden taxes that will jack up consumer prices.



7 years ago
U.S. trade agency affirms Trump's tariff hike on Chinese goods

U.S. trade agency affirms Trump's tariff hike on Chinese goods

The U.S. Trade Representative's office on Wednesday reaffirmed President Donald Trump's plans to impose an additional 5% tariff on a $300 billion list of Chinese imports starting on Sept. 1 and Dec. 15.



7 years ago
Coty sees revenue improving as turnaround plan takes shape; shares rise

Coty sees revenue improving as turnaround plan takes shape; shares rise

Cosmetics maker Coty Inc raised its annual revenue forecast on Wednesday, as it embarks on a multi-year turnaround plan that involves cost cuts and increased investment in advertising, sending shares up 5%.



7 years ago
Hudson's Bay to sell Lord + Taylor for $100 million

Hudson's Bay to sell Lord + Taylor for $100 million

Hudson's Bay Co said on Wednesday it would sell its Lord + Taylor department store business to fashion rental service company Le Tote Inc for about $100 million, as the retail operator culls its portfolio to a few key brands.



7 years ago
Apple to stop default practice of keeping Siri recordings

Apple to stop default practice of keeping Siri recordings

Apple Inc on Wednesday said it would quit its default practice of retaining audio recordings of the requests users make to its Siri personal assistant and limit human review of what audio it does collect to its own employees rather than contractors.



7 years ago
Brakes To Go on Microventures

Brakes To Go on Microventures

"Brakes To Go is a mobile brake repair company based in Austin, Texas. The company specializes in automotive brake service, and aims to make the task of brake repair a convenient and value-oriented experience for customers. The company has gained significant traction since starting operations in 2015, increasing total sales 106% in their second fiscal [...]


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7 years ago
Wall Street flat on recession fears, energy shares offer support

Wall Street flat on recession fears, energy shares offer support

Wall Street treaded water on Wednesday after moves in the U.S. bond market brought back fears of a recession as a bruising U.S.-China trade war drags on, while a rise in energy shares offered support.



7 years ago
Vampr on Wefunder

Vampr on Wefunder

"Vampr helps creatives build a network and find the right people to collaborate with in an easy to use frictionless mobile app. For most of us, one of the biggest challenges is getting to know the right people who can help propel our career. The old adage “it’s who you know” is undeniably true. But [...]


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7 years ago
Fitbit unveils Versa 2 smartwatch with Amazon's Alexa

Fitbit unveils Versa 2 smartwatch with Amazon's Alexa

Fitbit Inc on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com Inc's voice assistant Alexa, online payments and music storage in a bid to compete strongly with Apple Inc's smartwatches.



7 years ago
Citi raises minimum wage to $15 per hour

Citi raises minimum wage to $15 per hour

Citigroup Inc. raised its minimum wage to $15 per hour earlier this year following pressure from politicians and similar moves by other big banks.



7 years ago
Tiffany sales fall on tourist spending drop in U.S., but earnings beat estimates

Tiffany sales fall on tourist spending drop in U.S., but earnings beat estimates

Luxury jeweler Tiffany & Co said on Wednesday declines in tourist spending in the United States dragged on sales, but it reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs.



7 years ago

Gas prices drop to a 3-year Labor Day low, as more drivers hit the road this weekend

With gas prices at a 3-year low for the Labor Day weekend, more Americans will head out on road trips for the holiday. Depending on where they live, they might have more cash to spend.

7 years ago