Latest News on private equities market

Buffett's Berkshire Hathaway has lost more than $5 billion this year on its Kraft Heinz stake as the packaged food company's stock continues to fall.

If you're a Chase credit card account holder in Canada, there's good news: The firm is forgiving balances in that market.

Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with U.S. energy giant ExxonMobil, according to five senior Iraqi oil officials involved in the negotiations.

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong even as the economy is slowing.

PG&E Corp shareholders are proposing raising $15 billion in equity to fund a planned reorganization of the power producer facing huge liabilities from California wildfires, according to a company filing on Thursday.

Luxembourg's privacy regulator has asked Amazon for information regarding its Alexa voice assistant, an indication of rising regulatory unease over companies' use of personal data.

Last week's announcement of more U.S. tariffs on Chinese goods may have undermined the prospects for small-cap stocks to rebound this year, even after a brief respite from the Federal Reserve's recent interest-rate cut. Just a day after the Fed cut interest rates for the first time in more than a decade, President Donald Trump vowed on Aug. 1 to impose 10% tariffs on an additional $300 billion of Chinese goods beginning on Sept. 1.

"Pngme aims to be a global mobile finance marketplace connecting lenders and borrowers using blockchain technology. Pngme was founded in 2018 when co-founders Cate and Brendan visited East Africa together. They quickly realized there was an opportunity to lower the cost of credit for businesses in emerging markets by connecting them with capital providers in [...]

The post Pngme on SeedInvest appeared first on Crowditz.

Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety due to fears of a worldwide economic pullback.

"Sunjoined is a network of trusted hemp farmers. We plant, grow, harvest, process, sell, and distribute hemp materials and products."

The post Sunjoined on Wefunder appeared first on Crowditz.

"We democratize access to Hollywood! Our platform connects storytellers outside of the "Hollywood System" with A-list producers to craft market-ready projects worthy of industry investment. We’ve so far produced 7 films and TV shows (including an Emmy-winner!), executed over 200 deals, and have a thriving pipeline of projects that are partially financed and ready to [...]

The post Voyage Media on Wefunder appeared first on Crowditz.

Kontoor Brands Inc beat expectations for quarterly profit on Thursday as the denim apparel maker's efforts to cut costs post its spinoff from VF Corp paid off, sending shares up over 13%.

Kraft Heinz Co reported weak sales on Thursday, prompting the maker of packaged foods to write down the value of several business units by more than $1 billion and drop its full-year forecast as it struggles to lure back customers.

PG&E Corp shareholders have committed to engaging in a rights offering worth a potential $15 billion in support of a planned reorganization of the embattled company, according to a company filing on Thursday. [https://bit.ly/2GVp33o]

Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp , ending a short-lived contest that pitted two of the most storied names in the oil industry against one another.