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Latest News on private equity markets

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil futures gave up early gains on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate fallout from the coronavirus outbreak that has amplified concerns about weakened global oil demand.



4 years ago

WTO sides against U.S. over its tariffs on Canadian paper

World Trade Organization arbiters sided against the United States on Thursday over duties it had applied on Canadian paper in one of the final verdicts of the WTO's appeals body.



4 years ago

Tesla passes Apple as No. 1 holding on SoFi as young investors rush into surging stock

Young retail investors rushed into Tesla stock as it hit all time highs this week.

4 years ago

Pizza-toting robots: U.S. lets Nuro deploy driverless delivery vehicles

In a first-of-its-kind approval by U.S. regulators, a federal agency on Thursday gave permission for autonomous vehicle startup Nuro Inc over the next two years to deploy up to 5,000 low-speed electric delivery vehicles without human controls like mirrors and steering wheels.



4 years ago

Toyota plans to make 100,000 pickups a year at new Mexican plant

Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021, marking a major step to shift production of its popular Tacoma pickup truck to Mexico from the United States, the company said on Thursday.



4 years ago

U.S. trade panel opens patent probe into Google speakers after Sonos complaint

The U.S. International Trade Commission said on Thursday it was launching a patent investigation into certain audio players and controllers sold by Alphabet Inc's Google LLC based on a complaint by rival smart speaker maker Sonos Inc .



4 years ago

Despite coronavirus fears, a fast recovery is predicted for your 401(k) plan

History shows that stocks typically snap back fairly quickly from disease outbreaks.

4 years ago

Canadian agency asks federal court to declare Facebook contravened privacy law

Canada's privacy commissioner asked a federal court to declare that Facebook had broken federal privacy law for the private sector, according to a notice of application filed on Thursday.



4 years ago

New 737 MAX software flaw found during tests; Boeing sticks to return timeline

Flight testers discovered another flaw in the software of Boeing Co's grounded 737 MAX, the plane that suffered two fatal crashes, though the company and the top U.S. aviation regulator said on Thursday the issue most likely could be fixed without extending the target date for the plane's return to service.



4 years ago

China to halve tariffs on some U.S. imports as coronavirus risks grow

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that defused a bruising trade war between the world's two largest economies.



4 years ago

Kuwait seeks information on alleged Airbus bribery case: KUNA

Kuwait's anti-corruption authority (NAZAHA) said on Thursday it was open to receiving any information about alleged bribes paid to secure Airbus plane orders involving Kuwaiti parties, according to the state news agency.



4 years ago

Wall Street scales new highs as China moves to limit coronavirus impact

U.S. stocks advanced for the fourth straight session on Thursday with the S&P 500 and Dow Industrials hitting record highs on China's efforts to contain the economic fallout of the coronavirus outbreak.



4 years ago

Musk's SpaceX plans spinoff, IPO for Starlink: Bloomberg

Elon Musk's SpaceX plans to spin off its internet venture, Starlink and pursue an initial public offering for the unit, Bloomberg reported on Thursday, citing the rocket company's chief operating officer, Gwynne Shotwell.



4 years ago

Exclusive: Coronavirus outbreak delays Carlyle's Atotech IPO - sources

(This January 31 story was refiled to correct spelling of coronavirus in headline)



4 years ago

This small profession aims to fill a gap in the financial services world

Although financial advisors, CPAs and attorneys step in for many financial needs, a "daily money manager" can help with the basics of household finances like bill-paying and organization. Some of these professionals are certified, but they face no regulatory oversight.

4 years ago