Latest News on private equities market

Ackman's Pershing Square makes new investment in Berkshire Hathaway

Ackman's Pershing Square makes new investment in Berkshire Hathaway

Billionaire investor William Ackman's hedge fund Pershing Square Capital Management has made a new bet on Warren Buffett's Berkshire Hathaway Inc , according to a regulatory filing made on Wednesday.



7 years ago
Microsoft's latest privacy policy says vendors listen to voice data

Microsoft's latest privacy policy says vendors listen to voice data

Microsoft Corp said on Wednesday it updated its privacy policy to let customers know that it had been collecting voice data of its users with the help of employees and contractors.



7 years ago
Dow posts biggest one-day drop since October as recession fears take hold

Dow posts biggest one-day drop since October as recession fears take hold

Wall Street sold off sharply on Wednesday as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years.



7 years ago

Warren Buffett's Berkshire Hathaway raises Amazon stake by 11%, now worth $947 million

Warren Buffett's Berkshire Hathaway revealed an increased Amazon stake in a government filing Wednesday.

7 years ago
Buffett's Berkshire boosts Amazon.com bet, attracts Ackman

Buffett's Berkshire boosts Amazon.com bet, attracts Ackman

Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks traded near record highs.



7 years ago
Novartis replaces top scientists at Avexis after drug data manipulated

Novartis replaces top scientists at Avexis after drug data manipulated

Novartis AG said on Wednesday it replaced the two top research and development executives at its Avexis unit after some data was manipulated from early testing of a gene therapy for infants that costs more than $2 million.



7 years ago
U.S. stocks stumble on fears of looming recession

U.S. stocks stumble on fears of looming recession

Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon.



7 years ago
Factbox: Where's the fit? Sensor specialist AMS eyes lighting group Osram

Factbox: Where's the fit? Sensor specialist AMS eyes lighting group Osram

Austrian sensor specialist AMS plans to buy Osram Licht in a deal that would value the bigger, German group at 4.3 billion euros ($4.8 billion).



7 years ago
Fidelity Investments wins court battle with IRS over coal tax credits

Fidelity Investments wins court battle with IRS over coal tax credits

Fidelity Investments on Wednesday won its court battle with the U.S. Internal Revenue Service over tax credits for the production of chemically treated coal.



7 years ago
Markets register a shock, but is Trump right to blame the Fed?

Markets register a shock, but is Trump right to blame the Fed?

It takes a lot to kill an economic expansion, typically requiring a major shock to bring growth to a halt and trigger a U.S. recession.



7 years ago
Ford extends warranties on 560,000 Focus, Fiesta models

Ford extends warranties on 560,000 Focus, Fiesta models

Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Focus and Fiesta cars in the United States and Canada after reports of problems with their six-speed transmission.



7 years ago
Crowdfunding for a Startup: How it Builds a Business’ Credibility

Crowdfunding for a Startup: How it Builds a Business’ Credibility

Guest Post | Aug 14, 2019 You see a need. You know that your new business can fill that need. The problem is that it takes an incredible amount of capital to start a business. Besides purchasing equipment, raw materials, and computer systems, you also have the expenses that no one ever thinks about when

7 years ago
Trump sees Fed rather than trade war as source of market turmoil

Trump sees Fed rather than trade war as source of market turmoil

With global markets flashing concern about the fallout from the U.S.-China trade war and the near-term strength of the American economy, U.S. President Donald Trump on Wednesday targeted Federal Reserve policy as the culprit for recent market turmoil.



7 years ago
U.S. yield curve inverts for first time in 12 years, flags recession

U.S. yield curve inverts for first time in 12 years, flags recession

The U.S. Treasury yield curve inverted on Wednesday for the first time since June 2007, in a sign of investor concern that the world's biggest economy could be heading for recession.



7 years ago
WeWork and the new brand of office-space providers

WeWork and the new brand of office-space providers

WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses as it prepares for an initial public offering as early as next month.



7 years ago