Latest News on private equities market

Wall St. holds on to gains; Fed policy meeting eyed

Wall St. holds on to gains; Fed policy meeting eyed

Wall Street's main indexes rose on Monday, with the tech-heavy Nasdaq leading the pack, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year.



7 years ago
Boeing says has no plans to change name of 737 max

Boeing says has no plans to change name of 737 max

Boeing Co said on Monday it had no plans to change the name of the 737 MAX after news reports that it would be prepared to do so to improve its future marketing.



7 years ago

Supreme Court says lower court should reexamine case over same-sex couple denied wedding cake

The top court scrapped a ruling from the Oregon Court of Appeals in favor of the same-sex couple. The owners of the bakery, which refused the make the cake due to religious beliefs, claimed that state fines pushed them out of business.

7 years ago
UK hopes Trump and Xi can ease trade tensions at G20 summit: Hammond

UK hopes Trump and Xi can ease trade tensions at G20 summit: Hammond

Britain hopes that U.S. President Donald Trump and Chinese President Xi Jinping can make progress on easing trade tensions when they meet later this month at a summit of world leaders in Japan, British finance minister Philip Hammond said.



7 years ago
Wall St. moves higher; Fed policy meeting on the horizon

Wall St. moves higher; Fed policy meeting on the horizon

U.S. stocks ticked higher on Monday, with the tech-heavy Nasdaq powering ahead, as investors awaited a pivotal Federal Reserve meeting for clues on the path ahead for interest rates.



7 years ago

Sotheby's auction house is being taken private by group controlled by art collector Patrick Drahi

Sotheby's announced Monday that it's signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.

7 years ago
Fashion house Chanel parades its independence as its profits rise

Fashion house Chanel parades its independence as its profits rise

Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away in February, reported higher annual sales and profits on Monday and once again reaffirmed its independence, stating it was not for sale.



7 years ago
Tesla's Elon Musk becomes 'Daddy DotCom' on Twitter

Tesla's Elon Musk becomes 'Daddy DotCom' on Twitter

Silicon Valley billionaire Elon Musk tweeted https://twitter.com/elonmusk/status/1140481957341495296 late on Sunday that he had "just deleted" his Twitter account, while also changing his Twitter display name to "Daddy DotCom".



7 years ago
Boeing lifts 20-year industry demand forecast to $6.8 trillion

Boeing lifts 20-year industry demand forecast to $6.8 trillion

Boeing Co raised its rolling 20-year industry forecast for passenger aircraft by 3% on Monday, fueled by strong air traffic predictions, though global geopolitical and economic risks could upset the rosy outlook.



7 years ago
Wall St. opens slightly higher; Fed meet eyed

Wall St. opens slightly higher; Fed meet eyed

U.S. stocks eked out gains at the open on Monday, as focus shifted to a pivotal Federal Reserve meeting that could lay the groundwork for an interest rate cut later this year.



7 years ago
Billionaire Patrick Drahi agrees to buy Sotheby's in $3.7 billion deal

Billionaire Patrick Drahi agrees to buy Sotheby's in $3.7 billion deal

Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby's in a deal worth $3.7 billion on an enterprise value basis.



7 years ago
U.S. businesses beg to be left off Trump's tariff list

U.S. businesses beg to be left off Trump's tariff list

Hundreds of U.S. businesses from local bridal shops to multi-billion dollar retailers have submitted comments to the U.S. Trade Representative's Office opposing President Donald Trump's plan to slap tariffs on another $300 billion of Chinese imports.



7 years ago
Oil prices fall 1% as economic worries outweigh tanker tensions

Oil prices fall 1% as economic worries outweigh tanker tensions

Oil prices slipped more than 1% on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears stoked by attacks on oil tankers in the Gulf of Oman last week.



7 years ago
Boeing dealt new blow as Airbus launches long-range A321

Boeing dealt new blow as Airbus launches long-range A321

Boeing suffered a fresh setback on the opening of the Paris Airshow on Monday as its engine supplier announced a delay for the U.S. planemaker's all-new 777X jet while Airbus launched a rival plane aimed at the middle of the market.



7 years ago
Pfizer bolsters cancer portfolio with $10.64 billion deal for Array

Pfizer bolsters cancer portfolio with $10.64 billion deal for Array

Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash to beef up its cancer portfolio as it faces rising generic competition for its blockbuster drugs.



7 years ago