Latest News on private equities market

Stocks off on Trump's warning to China; sterling falls further

Stocks off on Trump's warning to China; sterling falls further

A gauge of global stock markets fell on Tuesday as the latest round of U.S.-China trade talks began amid a threat from President Donald Trump, while concerns over a no-deal Brexit continued to drag the British currency lower.



7 years ago
Amazon, Walmart, Ikea targeted in Univ. of California light bulb lawsuits

Amazon, Walmart, Ikea targeted in Univ. of California light bulb lawsuits

Five major retailers, including Amazon.com Inc and Walmart Inc, were sued on Tuesday by the University of California over what it called the "existential threat" when foreign manufacturers infringe schools' patents.



7 years ago
Moderate U.S. consumer spending, inflation back Fed rate cut

Moderate U.S. consumer spending, inflation back Fed rate cut

U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade.



7 years ago
Innovative new law opens Guernsey up to Artifical Intelligence

Innovative new law opens Guernsey up to Artifical Intelligence

Ogier | Andrew Munro | July 18, 2019 The newly enacted Electronic Transactions (Electronic Agents) (Guernsey) Ordinance, 2019, which came into force on 1st March this year, signals a turning point in law for companies using Artificial Intelligence which itself represents an area of exponential growth and critical importance for future development in many areas

7 years ago
Major retailers targeted by University of California in lawsuits

Major retailers targeted by University of California in lawsuits

Five major retailers, including Amazon.com Inc and Walmart Inc, were targeted in lawsuits filed on Tuesday by the University of California over what it called the "existential threat" posed by foreign manufacturers that infringe schools' patents.



7 years ago
U.S.-China trade concerns push Wall Street lower; Fed meeting eyed

U.S.-China trade concerns push Wall Street lower; Fed meeting eyed

U.S. stocks slid on Tuesday after a fresh warning from President Donald Trump to China pressured technology shares, while investors speculated the scale of an interest rate cut at the end of the Federal Reserve's policy meeting.



7 years ago
Trump says he will seek U.S. trade accord with Brazil

Trump says he will seek U.S. trade accord with Brazil

President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.



7 years ago
Under fire, Swiss minister dumps Philip Morris as Expo sponsor

Under fire, Swiss minister dumps Philip Morris as Expo sponsor

Switzerland scrapped a 1.8 million Swiss franc ($1.8 million) sponsorship deal with Philip Morris International for the country's pavilion at Expo 2020 in Dubai after being widely criticized for taking tobacco money to promote its image abroad.



7 years ago
Wall Street dips on U.S.-China trade tensions, Fed meeting eyed

Wall Street dips on U.S.-China trade tensions, Fed meeting eyed

U.S. stocks dipped on Tuesday as U.S.-China trade worries pressured technology shares, while the scale of consensus at the Federal Reserve in favor of deeper cuts in interest rates ate into optimism that drove markets to record highs last week.



7 years ago
P&G posts strong sales, takes $8 billion Gillette writedown

P&G posts strong sales, takes $8 billion Gillette writedown

Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world's No.1 personal goods company took an $8 billion writedown on its Gillette shaving business.



7 years ago
Capital One is sued over data breach in proposed class action

Capital One is sued over data breach in proposed class action

Capital One Financial Corp was sued on Tuesday after the bank said a hacker who has since been arrested accessed personal information belonging to about 106 million people in the United States and Canada.



7 years ago
Capital One shares drop on questions over hack

Capital One shares drop on questions over hack

Capital One Financial Corp shares fell as much as 5.8% on Tuesday as investors worried about its management of customer data after the credit-card issuer said information for 106 million people had been compromised.



7 years ago
Eli Lilly tops profit estimates on boost from diabetes drugs

Eli Lilly tops profit estimates on boost from diabetes drugs

Eli Lilly and Co beat analysts' estimates for quarterly profit and raised its full-year earnings forecast on Tuesday, as higher sales of diabetes drugs Trulicity and Basaglar offset competition for its erectile dysfunction treatment, Cialis.



7 years ago
Under Armour sales growth in North America trails Nike again; shares sink

Under Armour sales growth in North America trails Nike again; shares sink

Sportswear maker Under Armour Inc on Tuesday cut its full-year revenue forecast for North America, its biggest market, as it suffered in the face of a strong performance by bigger rivals Nike and Adidas, sending its share down 11%.



7 years ago

Best way to pay off credit card debt? Move to Indiana

Credit card debt is near an all-time high, but not across the board. Here's how consumers are faring across the country, according to a new report by WalletHub.

7 years ago