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Latest News on private equity markets

Health insurer shares pummeled by Sanders surge, virus worries

As concerns over the spreading coronavirus outbreak hammered U.S. stocks, one corner of the market was confronted with another potentially game-changing prospect: a Bernie Sanders nomination.



4 years ago

Saudi Aramco launches largest shale gas development outside U.S.

Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters on Monday.



4 years ago

Renault says reserves the right to seek damages depending on Ghosn probe

Renault said on Monday it had filed a civil-party petition after French prosecutors last week opened a formal investigation into alleged misappropriation of funds at the French carmaker.



4 years ago

Watch the highlights from Warren Buffett's big CNBC interview

Here are some of the highlights from Warren Buffett's three hour interview with CNBC's Becky Quick.

4 years ago

Don't look now but speculative stock Virgin Galactic turned positive during this market plunge

Virgin Galactic's stock inexplicably reversed an earlier drop and climbed higher, as speculative trading in the space play continued.

4 years ago

Wall Street sinks as pandemic fears rattle investors

The Dow Jones Industrials was on track for its biggest daily decline in two years and the S&P 500 fell more than 3% on Monday, as investors fled riskier assets as fears about the global economic impact of the coronavirus intensified after a surge in cases outside China.



4 years ago

Oil sinks 4% on demand concerns as coronavirus spreads

Oil prices slumped by nearly 4% on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude.



4 years ago

Stocks, oil slide; gold spikes as virus fears grip markets

Stocks across the globe were on track to fall by the most in two years on Monday and oil prices tumbled as a jump in coronavirus cases outside of China drove investors to the perceived safety of gold and government bonds on fears of the impact to the global economy.



4 years ago

JPMorgan Chase plans to unveil climate initiatives at investor day

JPMorgan Chase & Co executives plan to announce new climate-change initiatives on Tuesday, including restrictions on financing coal mining and Arctic drilling, as well as a $200 billion target to provide financing for sustainable projects.



4 years ago

Boeing nominates Qualcomm's Mollenkopf to its board

Boeing Co on Monday nominated Steve Mollenkopf and Akhil Johri to its board and said two of its directors will retire.



4 years ago

Defending against Xerox, HP doubles down on share buybacks, cost cuts

HP Inc said on Monday it would step up efforts to slash costs and buy back stock, as it seeks investor support to defend against a $35 billion takeover offer from U.S. printer maker Xerox Holdings Corp .



4 years ago

Wall Street clobbered as pandemic fears rattle markets

Wall Street's three major stock indexes tumbled on Monday as investors looked for safety on intensifying fears about the global economic impact of the coronavirus after a surge in cases outside China fanned worries about a pandemic.



4 years ago

United Airlines withdraws 2020 forecast on coronavirus uncertainty

United Airlines Inc on Monday withdrew its full-year 2020 forecast citing the impact of the coronavirus outbreak and said it was seeing an about 100% decline in near-term demand to China.



4 years ago

Wall Street plunges on fears of coronavirus pandemic

The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global economic impact of a potential pandemic.



4 years ago

Cancelled Teck oil sands project underscores global climate-energy policy tension

Teck Resources Ltd's surprise decision to cancel a planned C$20.6 billion ($15.6 billion) oil sands mine in northern Alberta, citing uncertainty about Canada's climate policy, underscores a global struggle to balance energy growth with environmental concerns.



4 years ago