Latest News on private equities market

SoftBank Group first-quarter profit blows past estimates on Vision Fund gains

SoftBank Group first-quarter profit blows past estimates on Vision Fund gains

Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit due to a leap in investing gains from the $100 billion Vision Fund.



7 years ago
Stock short-sellers reaped big gains on Aug. 5 selloff: S3 Partners

Stock short-sellers reaped big gains on Aug. 5 selloff: S3 Partners

Short-sellers targeting U.S. stocks logged a one-day paper profit of $24.75 billion on the sell-off on Aug. 5, according to data from financial technology and analytics firm S3 Partners.



7 years ago
Wall Street retreats as bond market fuels recession fears

Wall Street retreats as bond market fuels recession fears

U.S. stocks fell on Wednesday, as investors reeling from rising trade tensions fled riskier assets for perceived safer havens and the bond markets signaled a higher risk of recession.



7 years ago
Explainer: Five questions about Modern Monetary Theory

Explainer: Five questions about Modern Monetary Theory

Like famed economist John Maynard Keynes, Modern Monetary Theory advocates think government has an important role in offsetting what happens when demand falls short of what's needed to keep everyone who wants a job employed. They draw also on the ideas of Hyman Minsky, who was best known for his work on financial bubbles but also noted what he felt was the inherent tendency of market systems to fall short of full employment. MMT proponents also have a distinct view about the demand for money dra



7 years ago
FedEx ends ground delivery partnership with Amazon

FedEx ends ground delivery partnership with Amazon

FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.



7 years ago

Investors try to figure out Trump's trade war endgame: 'I can't even tell you what victory is'

There are lofty ambitions: a world without tariffs, a "level playing field" and the promise of untethered growth.

7 years ago
New York Times forecasts weakness in digital ads, shares down 12%

New York Times forecasts weakness in digital ads, shares down 12%

The New York Times Co fell short of Wall Street estimates for revenue on Wednesday and warned of declines in digital advertising for the rest of the year, sending its shares down 12%.



7 years ago
U.S. government contractors to get first look at Huawei ban today

U.S. government contractors to get first look at Huawei ban today

The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, a senior administration official said.



7 years ago

Here's how many people claimed this new 20% small-business tax break

More than 14 million tax returns claimed the new 20% qualified business income deduction in 2018, according to IRS data through May 23. How to know if you qualify.

7 years ago
Trump says China is 'killing us with unfair trade deals'

Trump says China is 'killing us with unfair trade deals'

U.S. President Donald Trump on Wednesday said his tough stance on China's behavior in global markets would ultimately benefit the American economy, even as Beijing signaled it could strike back by curbing sales of critical chemicals known as rare earths.



7 years ago
Ryanair's UK pilots vote to strike later this month

Ryanair's UK pilots vote to strike later this month

Members of Ryanair's British pilot union voted on Wednesday in favor of strike action later this month in a dispute over working conditions, the British Airline Pilots Association (BALPA) said.



7 years ago
Oil slumps 5% to seven-month low on trade tensions, surprise U.S. stock build

Oil slumps 5% to seven-month low on trade tensions, surprise U.S. stock build

Oil prices tumbled up to 5% on Wednesday to a fresh seven-month low, extending recent heavy losses following an unexpected build in U.S. crude stockpiles and fears of lower crude demand due to deepening U.S.-China trade tensions.



7 years ago
GM wins victory in ignition switch defect litigation

GM wins victory in ignition switch defect litigation

General Motors Co persuaded the federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost value because of the defect, which has been linked to 124 deaths.



7 years ago
In the Future, Home Will be Wherever Consumers Choose to be

In the Future, Home Will be Wherever Consumers Choose to be

Flinks | Yves-Gabriel Leboeuf | Aug 7 2019 Consumers will soon be able to benefit from the same level of trust they get from the local bank in their hometown, wherever they are in the world. Imagine for a moment that as you settle in a foreign country, you go straight to a financial institution

7 years ago
Oil dives 4% to seven-month low on surprise U.S. stock build, trade war

Oil dives 4% to seven-month low on surprise U.S. stock build, trade war

Oil prices tumbled more than 4% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears that demand will shrink due to Washington's escalating trade war with Beijing.



7 years ago