Latest News on private equities market

Uber's European rival Bolt enters London market, again

Uber's European rival Bolt enters London market, again

Estonia's Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers than its bigger global rival Uber Technologies Inc.



7 years ago
Proxy advisers urge shareholders to vote against Nissan CEO reappointment: Nikkei

Proxy advisers urge shareholders to vote against Nissan CEO reappointment: Nikkei

Two leading proxy advisory firms have urged shareholders of Japanese automaker Nissan Motor to vote against the reappointment of Chief Executive Officer and President Hiroto Saikawa, the Nikkei newspaper reported on Wednesday.



7 years ago
End of the road for Volkswagen's self-driving Aurora deal

End of the road for Volkswagen's self-driving Aurora deal

Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley start-up said it would build autonomous platforms for commercial vehicles with Fiat Chrysler Automobiles.



7 years ago
Investor Ackman opposes United Technologies' aerospace merger with Raytheon: source

Investor Ackman opposes United Technologies' aerospace merger with Raytheon: source

William Ackman's activist hedge fund Pershing Square Capital Management LP is opposed to United Technologies Corp's $120 billion aerospace merger with defense contractor Raytheon Co, a person familiar with the matter said on Tuesday.



7 years ago
Asia stocks edge up on Mexico reprieve but Sino-U.S. rift caps gains

Asia stocks edge up on Mexico reprieve but Sino-U.S. rift caps gains

Asian stocks made modest gains on Tuesday after the Trump administration shelved plans for tariffs against Mexico, lifting Wall Street, however, fresh U.S. trade threats against China are expected to limit any major investor sentiment boost.



7 years ago
Citi launches co-branded credit cards with SE Asia's Grab in push for more customers

Citi launches co-branded credit cards with SE Asia's Grab in push for more customers

Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said.



7 years ago
Kroger to start selling cannabis-based products

Kroger to start selling cannabis-based products

Kroger Co said on Tuesday it would start selling cannabis-based products in 945 stores, joining the growing number of retailers that are trying to tap the demand for cannabidiol (CBD) products.



7 years ago
Facebook to unveil new versions of Portal video chat devices this fall

Facebook to unveil new versions of Portal video chat devices this fall

Facebook Inc plans to release new versions of its Portal video chatting devices this fall, the company's vice president of AR/VR Andrew Bosworth said during an interview at Code Conference in Scottsdale, Arizona.



7 years ago

5 tips for advisors to consider before the stretch IRA dies out

The Secure Act might be the nail in the coffin for a strategy that allowed owners of large IRAs to pass them onto heirs. Here's what advisors can do to help clients prepare.

7 years ago
Amazon to shut restaurant delivery service in U.S

Amazon to shut restaurant delivery service in U.S

Amazon.com Inc said on Tuesday it would end its U.S. restaurant food delivery service on June 24, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services.



7 years ago
Facebook to unveil new versions of Portal video chat devices this autumn

Facebook to unveil new versions of Portal video chat devices this autumn

Facebook Inc plans to release new versions of its Portal video chatting devices this autumn, the company's vice president of AR/VR, Andrew Bosworth, said during an interview at the Code Conference in Scottsdale, Arizona.



7 years ago
U.S. antitrust chief says past enforcement could presage new probe of current digital giants

U.S. antitrust chief says past enforcement could presage new probe of current digital giants

The top U.S. antitrust enforcer said on Tuesday that studying enforcement actions against Standard Oil and AT&T decades ago can help lay the groundwork for looking at possible anti-competitive behavior at today's tech giants such as Alphabet's Google and Facebook.



7 years ago
Amazon embraces U.S. government business, despite occasional controversy

Amazon embraces U.S. government business, despite occasional controversy

The head of Amazon.com Inc's cloud computing division on Monday said the company would work with any government agency that followed the law, in contrast with rival Microsoft Corp, which has touted its rejection of some controversial sales.



7 years ago
Tesla has a 'decent shot' at a record quarter on every level: Musk

Tesla has a 'decent shot' at a record quarter on every level: Musk

Tesla Inc has got "a decent shot at a record quarter on every level", Chief Executive Officer Elon Musk said at the company's annual shareholder meeting on Tuesday.



7 years ago
7 years ago