Latest News on private equities market

Insurance costs rocket for U.S. IPOs as twitchy investors take to courts

Insurance costs rocket for U.S. IPOs as twitchy investors take to courts

Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives against lawsuits alleging they misled investors.



7 years ago
Blockchain startup Ripple buys $30 million stake in MoneyGram

Blockchain startup Ripple buys $30 million stake in MoneyGram

Blockchain firm Ripple has bought $30 million worth of shares and warrants in MoneyGram International Inc, the two companies said on Monday, as they partner to use Ripple's product for cross-border payment and foreign exchange settlement.



7 years ago
Airbus launches new A321 jet, Boeing apologizes for MAX crisis

Airbus launches new A321 jet, Boeing apologizes for MAX crisis

Airbus launched a long-range version of its A321neo jet at the Paris Airshow on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on rival Boeing's plans for a possible new mid-market jet.



7 years ago
U.S. firms say China tariffs will raise costs, see few sourcing alternatives

U.S. firms say China tariffs will raise costs, see few sourcing alternatives

A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electronics and other consumer goods as the Trump administration prepares new tariffs on remaining U.S.-China trade.



7 years ago
S&P 500 ends up slightly as Fed meeting in view

S&P 500 ends up slightly as Fed meeting in view

The S&P 500 edged higher on Monday as investors awaited a Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year.



7 years ago

Elon Musk says he deleted his Twitter account

Elon Musk, the CEO of Tesla and SpaceX, tweeted early on Monday morning that he "just deleted" his Twitter account.

7 years ago
Boeing says sorry for MAX 737 crashes, promises to learn lessons

Boeing says sorry for MAX 737 crashes, promises to learn lessons

Boeing executives took turns to apologize for the loss of life in two 737 MAX crashes and pledged to apply lessons of the crisis to future planes as the world's largest aerospace company struck a chastened tone at the opening of the Paris Airshow.



7 years ago
Wife of former Nissan boss Ghosn urges Trump to help her husband

Wife of former Nissan boss Ghosn urges Trump to help her husband

The wife of former Nissan Motor chairman Carlos Ghosn urged U.S. President Donald Trump to raise her husband's case with Japan's prime minister at a summit of world leaders later this month.



7 years ago
Virgin Atlantic orders 14 Airbus A330neos, with further 6 options

Virgin Atlantic orders 14 Airbus A330neos, with further 6 options

Europe's Airbus agreed on a deal to sell 14 A330neo wide-body passenger jets to Virgin Atlantic on Monday valued at $4.1 billion, the companies announced at the Paris Airshow on Monday, with an option for the airline to order six more.



7 years ago

Goldman Sachs is sounding the alarm to clients that technology stocks are overvalued

It's about time to write off high-growth tech stocks, Goldman warned, saying software carries the highest multiples since the tech bubble.

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
Lockheed: No concern that Raytheon-UTC merger will affect F-35 program

Lockheed: No concern that Raytheon-UTC merger will affect F-35 program

Lockheed Martin F-35 program manager Greg Ulmer said on Monday he had "no concern" that the proposed merger of Raytheon Co and United Technologies Corp would affect the F-35 program or pressure its margins.



7 years ago

US companies' message to Trump: Don't expand China tariffs

Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squeeze profits, and leave U.S. companies at a competitive disadvantage.

7 years ago
U.S. chipmakers quietly lobby to ease Huawei ban

U.S. chipmakers quietly lobby to ease Huawei ban

Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.



7 years ago
Deutsche Bank to set up 50 billion euro bad bank

Deutsche Bank to set up 50 billion euro bad bank

Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.



7 years ago