Latest News on private equities market

More consumers using credit cards for purchases under $10, though cash is still king

Since 2014, the share of people using cash for those small amounts has steadily dropped while those using a credit card has climbed.

7 years ago
Bitcoin slumps to two-week low on technical trading, market jitters

Bitcoin slumps to two-week low on technical trading, market jitters

Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical trading to jitters in traditional markets washing into cryptocurrency trading.



7 years ago
Carlsberg half-year sales boosted by Asia, premium beers

Carlsberg half-year sales boosted by Asia, premium beers

Carlsberg reported a 6.5% rise in half-year sales on Thursday, as the Danish brewer sold more expensive beer and its operating margins improved despite continued challenges in Russia.



7 years ago
American, Southwest Airlines bump more passengers after 737 MAX grounding

American, Southwest Airlines bump more passengers after 737 MAX grounding

American Airlines Group Inc and Southwest Airlines Co are bumping thousands of passengers off airplanes after their Boeing 737 MAX fleet's was grounded in mid-March following two fatal crashes.



7 years ago
Democrat wants FCC to open T-Mobile, Sprint settlement for comment

Democrat wants FCC to open T-Mobile, Sprint settlement for comment

U.S. Representative David Cicilline urged Federal Communications Commission Chairman Ajit Pai on Thursday to give the public the chance to comment on a draft order that would grant agency approval to the $26 billion merger of T-Mobile US Inc and Sprint Corp .



7 years ago
S&P 500, Dow gain as upbeat retail sales offset recession fears

S&P 500, Dow gain as upbeat retail sales offset recession fears

The S&P 500 and the Dow gained ground in a late rally on Thursday as upbeat retail sales data offset recessionary fears amid the simmering U.S.-China trade tensions.



7 years ago
Stocks waver, dollar recovers on renewed growth worries

Stocks waver, dollar recovers on renewed growth worries

The dollar recovered from early weakness but a gauge of world equity performance edged lower on Thursday as concerns about global growth offset investor optimism over a surge in U.S. retail sales last month and strong Walmart earnings.



7 years ago

GE falls the most in 11 years after Madoff whistleblower calls it a 'bigger fraud than Enron'

GE says the allegations of fraud are "entirely false and misleading."

7 years ago
CFTC says Kraft, Mondelez to pay $16 million in wheat price manipulation case

CFTC says Kraft, Mondelez to pay $16 million in wheat price manipulation case

The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will have to pay $16 million in penalty regarding a wheat manipulation case that dates back to 2015.



7 years ago
Trump says trade war with China will be fairly short

Trump says trade war with China will be fairly short

U.S. President Donald Trump said on Thursday he believes China wants to make a trade deal and the trade war with Beijing will be fairly short.



7 years ago
SoftBank convertible note helped cut WeWork losses

SoftBank convertible note helped cut WeWork losses

Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million gain on a convertible note that made losses at the coworking firm appear a lot smaller.



7 years ago
Canopy Growth needs another 3-5 years to turn profit

Canopy Growth needs another 3-5 years to turn profit

Canopy Growth Corp said on Thursday it expects another three to five years to turn in a profit as Canada's largest cannabis company invests heavily to diversify and expand.



7 years ago
GE CEO calls Markopolos report 'market manipulation' and 'false'

GE CEO calls Markopolos report 'market manipulation' and 'false'

General Electric Co Chief Executive Larry Culp said on Thursday that a report alleging GE was hiding financial problems was "market manipulation – pure and simple."



7 years ago
China says has to take counter-measures to latest U.S. tariffs

China says has to take counter-measures to latest U.S. tariffs

China has to take necessary counter-measures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday.



7 years ago
WTO paves way for China to seek sanctions against U.S.

WTO paves way for China to seek sanctions against U.S.

The World Trade Organization (WTO) on Thursday adopted final findings against U.S. duties imposed on a range of Chinese imports, effectively giving Beijing a green light to seek compensatory sanctions.



7 years ago