Latest News on private equities market

Op-Ed: All types of investors can improve their financial situation in the current environment

Whether you're a middle-class investor trying to compensate for lost wages or a wealthy individual seeking to reduce tax exposure, the current market and interest rate environments suggest some key moves to consider making now.

4 years ago

FAA 'stonewalling' Boeing 737 MAX probe after fatal crashes: senator

The U.S. Federal Aviation Administration has been "stonewalling" senators conducting an investigation into the design and development of Boeing Co's 737 MAX in the wake of deadly crashes, a top Republican senator told a hearing on Wednesday.



4 years ago

Citing 'racial stereotype,' PepsiCo to drop Aunt Jemima name; Uncle Ben's under review

PepsiCo Inc will change the name and brand image of its Aunt Jemima pancake mix and syrup, it said on Wednesday, dropping a mascot that has been criticized for a racist history.



4 years ago

S&P 500, Dow struggle for direction after three-day rally

The S&P 500 and the Dow edged lower in choppy trading on Wednesday as a record rise in coronavirus cases in six U.S. states dented sentiment following a three-day rally on hopes of a swift recovery from a coronavirus-driven downturn.



4 years ago

EU worried Fiat-PSA deal may hit competition in vans

Fiat Chrysler and Peugeot maker PSA's proposed merger may harm competition in small vans in 14 EU countries and Britain, EU antitrust regulators said on Wednesday as they opened a four-month investigation into the deal.



4 years ago

FCA moves closer to state guarantee for $7.1 billion loan: source

Italy's Treasury has taken a further step towards approving a state guarantee for a 6.3 billion euro ($7.1 billion) loan for Fiat Chrysler's Italian unit, a government source told Reuters on Wednesday.



4 years ago

U.S. housing starts miss expectations; permits rebound strongly

U.S. homebuilding increased less than expected in May, but a strong rebound in permits for future home construction suggested the housing market was starting to emerge from the COVID-19 crisis along with the broader economy.



4 years ago

Qualcomm aims to woo robotics developers with new chips, tools

Building robots and drones is messy: Developers must pull together sensors to be the eyes and ears, chips for the brains and motors to make the device move, tying them all together with several kinds of software.



4 years ago

Exclusive: Who's in charge at Nissan? COO's allies push to give him shared CEO role – sources

Nissan's chief operating officer Ashwani Gupta helped engineer the troubled automaker's latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge.



4 years ago

How Kabbage saved its small business lending operation in the middle of the pandemic

Kabbage had to pause its primary, traditional lending business after the economic shutdowns so it could focus on helping the government distribute emergency funding.

4 years ago

U.S. SEC has problems with car rental firm Hertz selling new shares: CNBC

The U.S. Securities and Exchange Commission (SEC) has told bankrupt Hertz Global Holdings Inc it has issues with the car rental firm's plan to sell new shares, the agency's Chairman Jay Clayton told CNBC television on Wednesday.



4 years ago

U.S. Justice Department to propose rolling back protections for big tech

The U.S. Justice Department will propose legislation as soon as Wednesday to try to remove protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a department official said on Wednesday, speaking on condition of anonymity.



4 years ago

Oil falls as coronavirus cases pick up in China, U.S

Oil prices fell on Wednesday as investors worried about fuel demand due to fresh outbreaks of COVID-19, though prices drew some support after U.S. stocks of diesel fuel fell for the first time in weeks and U.S. oil production dropped sharply.



4 years ago

Dollar rises as investors take refuge ahead of Fed

The U.S. dollar rose from early lows on Wednesday as investors wary of wider geopolitical risks sought its relative safe haven ahead of midday remarks by Federal Reserve Chair Jerome Powell.



4 years ago

S&P 500, Dow flat after three-day rally

The S&P 500 and the Dow were largely flat on Wednesday as a record rise in coronavirus cases in six U.S. states dented sentiment following a three-day rally on hopes of a swift recovery from a coronavirus-driven downturn.



4 years ago