Latest News on private equities market

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

Whether married or single, this is how women are financially vulnerable in retirement

It's no secret that women face unique challenges when it comes to having enough money to last through retirement. Here are the risks they likely face.

7 years ago
Oil up 1% after attack on Saudi field, but OPEC report caps gains

Oil up 1% after attack on Saudi field, but OPEC report caps gains

Oil prices were up more than 1% on Monday after a weekend attack on a Saudi oil facility by Yemen's Houthi forces and as traders looked for signs that top economies would take measures to counteract a global slowdown.



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

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

Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with direct knowledge of the matter said.



7 years ago
General Electric renews defense against charges of bogus accounting

General Electric renews defense against charges of bogus accounting

General Electric Co further defended itself on Monday against fraud investigators who said last week the Boston-based conglomerate had failed to put aside money to cover $29 billion in potential insurance losses and had improperly counted profit from subsidiary Baker Hughes as its own.



7 years ago
Top CEOs say companies should put social responsibility above profit

Top CEOs say companies should put social responsibility above profit

Companies should focus on social responsibilities as well as profits, the Business Roundtable, a group of corporate chief executives that includes the head of the largest U.S. bank and the CEO of the world's largest airline, said on Monday.



7 years ago
Neurotez on NetCapital

Neurotez on NetCapital

"Our novel approach focuses on Leptin, a naturally occurring human hormone associated with various metabolic effects, has a large number of receptors in memory centers of the brain."


The post Neurotez on NetCapital appeared first on Crowditz.


7 years ago

GE issues more detailed response to fraud investigator

The conglomerate's head of investor relations released a more detailed statement about accounting practices under fire from Harry Markopolos.

7 years ago
Wall Street rallies on stimulus cheer, trade optimism

Wall Street rallies on stimulus cheer, trade optimism

U.S. stocks surged on Monday, building on previous session's rally, fueled by growing hopes that major economies would act to prop up slowing growth, while technology stocks got a lift from trade optimism.



7 years ago

Ex-SEC chief: Markopolos targeting GE for a short-seller and not as a whistleblower 'suspicious'

"If he had brought all of his data to the SEC first, he would reap potentially, up to 30% of the potential recovery," says former SEC Chairman Harvey Pitt.

7 years ago
Cathay Pacific shares rise 2.3 percent after CEO Hogg resigns

Cathay Pacific shares rise 2.3 percent after CEO Hogg resigns

Shares of Cathay Pacific Airways rose more than 2 percent early on Monday after CEO Rupert Hogg resigned in a shock move, as the carrier grapples with the involvement of some of its employees in the city's anti-government protests.



7 years ago
U.S. whiskey exporters struggle after year of EU tariffs

U.S. whiskey exporters struggle after year of EU tariffs

When Europe's tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European distributor simply stopped buying its award-winning Dad's Hat Pennsylvania Rye Whiskey.



7 years ago
Japan's exports slip for eighth month, sales to China drop as recession fears grow

Japan's exports slip for eighth month, sales to China drop as recession fears grow

Japan's exports slipped for an eighth month in July, while manufacturers' confidence turned negative for the first time in over six years as China-bound sales slumped again in a fresh sign the Sino-U.S. trade war could tip the economy into recession.



7 years ago
Asia stocks rise as stimulus, policy hopes calm nervous investors

Asia stocks rise as stimulus, policy hopes calm nervous investors

Asian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors' fears of a sharp global economic slump.



7 years ago
Oil rises after Saudi oilfield attack, but recession worries cap gains

Oil rises after Saudi oilfield attack, but recession worries cap gains

Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists, although price gains were capped by an unusually downbeat OPEC report that stoked concerns about demand growth.



7 years ago