Latest News on private equities market

Huawei says in process of preparing Hongmeng software roll-out

Huawei says in process of preparing Hongmeng software roll-out

An executive of Huawei Technologies Co Ltd said on Thursday that the Chinese telecoms giant is in the process of potentially launching its "Hongmeng" operating system (OS) to replace the U.S. Android OS.



7 years ago
U.S. denies Tesla, GM, Uber 25% Chinese tariff relief

U.S. denies Tesla, GM, Uber 25% Chinese tariff relief

The Trump administration is expanding efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc for tariff relief on key components of its electric vehicles, and rejecting ride-hailing company Uber's petition to waive tariffs on electric scooters and at least 50 separate requests by General Motors Co.



7 years ago
Trump talks trade with Apple CEO Cook as China dispute looms

Trump talks trade with Apple CEO Cook as China dispute looms

U.S. President Donald Trump met with Apple CEO Tim Cook on Thursday to discuss trade, U.S. investment, immigration and privacy, a White House spokesman said.



7 years ago
Over 600 U.S. companies urge Trump to resolve trade dispute with China: letter

Over 600 U.S. companies urge Trump to resolve trade dispute with China: letter

Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers.



7 years ago
U.S. judge sets pre-trial hearing next week for Sprint/T-Mobile deal

U.S. judge sets pre-trial hearing next week for Sprint/T-Mobile deal

The judge hearing a complaint from state attorneys general seeking to stop T-Mobile US Inc from buying Sprint Corp for $26 billion will hold a pre-trial hearing next week.



7 years ago
Target expands same-day shipping as delivery war heats up

Target expands same-day shipping as delivery war heats up

Target Corp on Thursday expanded its same-day delivery options for online shoppers, intensifying the race among retailers to deliver orders faster.



7 years ago
Oil surges on tanker attacks; stocks rise on Fed rate cut expectations

Oil surges on tanker attacks; stocks rise on Fed rate cut expectations

Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data seen as strengthening the case for the Federal Reserve to cut interest rates this year.



7 years ago
Uber, Bird loses bid for U.S. tariff relief on Chinese-made bikes, scooters

Uber, Bird loses bid for U.S. tariff relief on Chinese-made bikes, scooters

The U.S. Trade Representative's Office rejected Uber Technologies Inc's request for relief from 25% tariffs imposed on Chinese-made electric bicycles, according to a May 29 letter.



7 years ago
Wall St. climbs as oil jumps after Gulf tanker attacks

Wall St. climbs as oil jumps after Gulf tanker attacks

U.S. stocks rose on Thursday after two days of declines, as energy shares rebounded with oil on concerns of a supply disruption following attacks on two tankers in the Gulf of Oman.



7 years ago
Oil surges on Gulf tanker attacks; stocks rise on Fed rate cut expectations

Oil surges on Gulf tanker attacks; stocks rise on Fed rate cut expectations

Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data that was seen as strengthening the case for the Federal Reserve to cut interest rates this year.



7 years ago
Wall Street edges higher as oil jumps after Gulf tanker attacks

Wall Street edges higher as oil jumps after Gulf tanker attacks

U.S. stocks rose on Thursday after two days of declines, as energy shares rebounded with oil on concerns of supply disruption following attacks on two tankers in the Gulf of Oman.



7 years ago

Elizabeth Warren will introduce legislation to cancel student loan debt for most borrowers

Elizabeth Warren isn't waiting for the election to push forward her sweeping plan to erase the majority of the country's outstanding student debt.

7 years ago

One top tech investor is betting against chip stocks, bearish Netflix

AlphaOne Capital Partners' Dan Niles is forecasting a fall in semiconductor stocks as he believes chipmakers will start to cut their earnings forecasts for the second half of the year.

7 years ago
U.S. judge sets pre-trial hearing for Sprint/T-Mobile deal for next week

U.S. judge sets pre-trial hearing for Sprint/T-Mobile deal for next week

The judge hearing a request from state attorneys general to stop T-Mobile US Inc from buying Sprint Corp for $26 billion will hold a pre-trial hearing next week.



7 years ago

Lululemon rallies but another athleisure stock is racing ahead of the pack

Lululemon worked up a sweat Thursday, but another athleisure stock is besting the competition: Under Armour. The workout gear stock is tracking for its best annual performance in five years.

7 years ago