Latest News on private equities market

Cisco to buy Acacia Communications for $2.8 billion

Cisco to buy Acacia Communications for $2.8 billion

Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash.



7 years ago

Five things you never need to buy new (the savings will blow you away)

Five things you shouldn't rush to buy new. Save a bundle by renting or buying secondhand.

7 years ago

Nike's 'Betsy Ross' sneakers aren't the only ones selling for thousands

After Nike pulled sneakers embellished with the controversial "Betsy Ross flag" from its apps and website, the price predictably ballooned.

7 years ago
IBM closes $34 billion deal to buy Red Hat

IBM closes $34 billion deal to buy Red Hat

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business.



7 years ago
Richard Branson's Virgin Galactic plans to go public: source

Richard Branson's Virgin Galactic plans to go public: source

Richard Branson's space-tourism venture, Virgin Galactic, plans to go public as part of a deal with a special purpose acquisition company (SPAC) created by Social Capital LP Chief Executive Officer Chamath Palihapitiya, a person familiar with the matter said.



7 years ago
U.S. says its producers harmed by some structural steel imports

U.S. says its producers harmed by some structural steel imports

The U.S. government on Monday said domestic producers were being harmed by imports of fabricated structural steel from China and Mexico, and that it would instruct the customs agency to collect cash deposits from importers of such steel.



7 years ago
Asia stocks fall to two-week low as hopes fade for big Fed rate cut, tech stocks drag

Asia stocks fall to two-week low as hopes fade for big Fed rate cut, tech stocks drag

Asian stocks fell to their lowest levels in two and a half weeks on Tuesday as hopes dwindled for a hefty interest rate cut by the U.S. Federal Reserve at the end of the month, while technology companies were pulled lower by Apple Inc's overnight slump.



7 years ago
Financier Epstein pleads not guilty to sex trafficking charges involving girls

Financier Epstein pleads not guilty to sex trafficking charges involving girls

American financier Jeffrey Epstein pleaded not guilty on Monday to charges of sex trafficking as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts.



7 years ago

Retirees may fare worse reinvesting their IRA or 401(k) withdrawals under the Secure Act

The Secure Act would raise the age when you have to take required minimum distributions to 72, from 70½. By the time you're 89, a brokerage account holding those RMDs could have less in it than it would under current law.

7 years ago

A tortilla shortage at Taco Bell could hurt sales and Yum Brands' stock, analyst says

A shortage of tortillas at fast food chain Taco Bell is crippling the chains menu and could endanger its parent company, Yum Brands' stock, Bank of America said.

7 years ago
Asia stocks fall as Fed rate cut bets dialed back, Europe to follow

Asia stocks fall as Fed rate cut bets dialed back, Europe to follow

Asian stocks hovered around two-and-a-half week lows on Tuesday as expectations waned for a hefty interest rate cut by the U.S. Federal Reserve later this month, while technology companies retreated on Apple Inc's overnight drop.



7 years ago
Oil slips to $64 as trade disputes outweigh supply concerns

Oil slips to $64 as trade disputes outweigh supply concerns

Oil slipped to around $64 a barrel on Tuesday after fresh signs the U.S.-China trade dispute is dragging on the global economy and oil demand, outweighing OPEC supply cuts and Middle East tensions.



7 years ago
Global stocks drop for third day, BASF warning stings Europe

Global stocks drop for third day, BASF warning stings Europe

World stocks fell for a third straight day on Tuesday, as a stinging warning came from German chemicals giant BASF about the effects of the global trade war and traders hedged bets on a hefty U.S. interest rate cut later this month.



7 years ago
Oil rises as supply concerns outweigh trade disputes

Oil rises as supply concerns outweigh trade disputes

Oil rose above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that is dragging on the global economy and oil demand.



7 years ago
Oil rises towards $65 as supply concerns outweigh trade disputes

Oil rises towards $65 as supply concerns outweigh trade disputes

Oil rose towards $65 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that has been dragging down the global economy and oil demand.



7 years ago