Latest News on private equities market

Goldman CEO memo calls Apple Card 'a beginning' on launch day

Goldman CEO memo calls Apple Card 'a beginning' on launch day

Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc , but the bank has aspirations to grow much bigger in consumer lending, its chief executive said in an internal memo viewed by Reuters.



7 years ago
Exclusive: Cigna seeks sale of group benefits insurance business - sources

Exclusive: Cigna seeks sale of group benefits insurance business - sources

U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday.



7 years ago

Can't wait until 70? This is the next best age to claim Social Security benefits

Waiting until 70 to claim retirement benefits is generally best. But if you cannot delay that long, there is another option that's almost as good.

7 years ago
Mercedes reviews vans model portfolio as diesel debate hammers sales

Mercedes reviews vans model portfolio as diesel debate hammers sales

Daimler is reviewing the product portfolio at its vans division, where sales have been hit hard by doubts about the cleanliness of diesel engined vehicles, Mercedes-Benz executive Marcus Breitschwerdt said on Tuesday.



7 years ago
Pompeo: 'No mixed messages' from U.S. on Huawei

Pompeo: 'No mixed messages' from U.S. on Huawei

U.S. Secretary of State Mike Pompeo said on Tuesday the United States was not sending "mixed messages" on Huawei Technologies and he does not believe a U.S. blacklist of the Chinese telecommunications giant will block a trade deal with Beijing.



7 years ago
Global stocks inch higher as stimulus hopes spur tentative rebound

Global stocks inch higher as stimulus hopes spur tentative rebound

Stock markets edged higher on Tuesday as investors welcomed signs that more monetary and fiscal stimulus was on its way, hoping more easing would help stave off a major global economic downturn.



7 years ago

Why that 30% rule of thumb about credit card use could be costing you

Experts say there is a misconception that your credit score won't be negatively affected unless your total balance climbs above 30% of your available credit.

7 years ago
Plant-based meat alternatives crowd U.S. grocery stores

Plant-based meat alternatives crowd U.S. grocery stores

Plant-based meat alternatives have seen booming interest from consumers, prompting a growing number of companies to enter the space in hopes of carving out a spot for their products in the competitive supermarket aisle.



7 years ago
Wall Street rallies as investors cheer global stimulus efforts

Wall Street rallies as investors cheer global stimulus efforts

U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell.



7 years ago

Health-care costs are going up so quickly, they're devouring your salary increases

Even if you have health insurance through work, you can expect to spend a hefty amount of money on care for yourself and your family. Premiums are only part of the story.

7 years ago
Judge dismisses turnaround guru's racketeering case vs McKinsey

Judge dismisses turnaround guru's racketeering case vs McKinsey

A federal judge dismissed claims on Monday by turnaround pioneer Jay Alix that McKinsey & Co violated racketeering laws when the consulting firm expanded into advising bankrupt U.S. companies.



7 years ago
Who is next in big pharma's merger spree?

Who is next in big pharma's merger spree?

Consolidation in the U.S. healthcare industry, which has already witnessed a string of multi-billion dollar deals, is expected to remain a major theme for the rest of 2019.



7 years ago
Saudi Aramco asks banks to pitch for roles in IPO: sources

Saudi Aramco asks banks to pitch for roles in IPO: sources

Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said, in what could be the world's biggest IPO.



7 years ago
Fed's Rosengren says cutting rates could worsen next downturn: Bloomberg

Fed's Rosengren says cutting rates could worsen next downturn: Bloomberg

Boston Federal Reserve Bank President Eric Rosengren on Monday signaled no willingness to support further interest rate cuts, saying that U.S. economic conditions are still good and that easing policy could encourage a worrying debt build-up.



7 years ago
General Electric adds to defense against charges of bogus accounting

General Electric adds to defense against charges of bogus accounting

General Electric Co intensified its defense of accounting practices on Monday after investors questioned it about an unusual research report alleging GE failed to put aside money to cover $29 billion in potential insurance losses and improperly counted profit from subsidiary Baker Hughes.



7 years ago