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Latest News on private equity markets

WeWork temporarily closes 100 buildings in China over coronavirus: CNBC

Office sharing startup WeWork has temporarily closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.



5 years ago

Google plan to buy into largest African wind farm ended by delay

Google's plans to buy a 12.5% stake in Africa's largest wind farm have been canceled after delays to the project, Danish wind turbine maker Vestas said on Monday.



5 years ago

Xerox sweetens offer for HP

Xerox Holdings Corp raised its offer to buy HP Inc by $2 to $24 per share on Monday, following several rejections of its previous buyout offer by the PC maker.



5 years ago

Coronavirus prompts Sony, NTT to join Barcelona congress exodus

Japanese wireless carrier NTT Docomo and Sony Corp pulled out of the Mobile World Congress (MWC) in Barcelona on Monday because of the coronavirus outbreak.



5 years ago

China's first-quarter smartphone sales may halve due to coronavirus: analysts

China's smartphone sales may plunge by as much as 50% in the first quarter, as many retail shops have closed for an extended period and production has yet to fully resume due to the fast spread of a new coronavirus, according to research reports.



5 years ago

Climate activists invade BlackRock office in Paris

Dozens of climate activists invaded U.S. asset manager BlackRock's office in central Paris on Monday, calling for the fund to pull out of fossil fuel investments.



5 years ago

Amazon seeks to depose Trump about 'order to screw Amazon' in Pentagon deal

Amazon Web Services said on Monday it was seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over whether the president was trying "to screw Amazon" when it awarded a Pentagon contract for cloud computing to rival Microsoft Corp.



5 years ago

Some retirees get by on just Social Security. Experts disagree on how many

When it comes to Social Security reform, most experts agree that low-income workers should get a boost to their benefits. But just how many people rely on those benefits as their only source of income is up for debate.

5 years ago

Jeremy Grantham warns eventually only the rich will procreate as chemicals leave the poor sterile

GMO co-founder Jeremy Grantham said in a letter that chemical toxicity threatens to dramatically lower birth rates and become a major investment issue.

5 years ago

Apple's main iPhone maker Foxconn to resume some Chinese production: source

Apple's main iPhone maker Foxconn got the green light on Monday to reopen two major plants in China closed because of the coronavirus and aims to resume production even though only 10% of the workforce has returned so far, a source told Reuters.



5 years ago

Oil hits 13-month low on weak Chinese demand, traders eye OPEC+ cuts

Oil prices fell to their lowest since January 2019 on Monday on weaker Chinese demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.



5 years ago

Cramer: Here's why malls in America might not be dead after all

"I guess I'm just too negative on the thing I'm most negative about ... the future of the mall," CNBC's Jim Cramer said Monday.

5 years ago

Nissan to request Ghosn repay compensation received from Dutch venture: source

Nissan informed a Dutch court on Monday that it would request that former boss Carlos Ghosn repay the compensation he received from its Dutch-based joint venture with Mitsubishi , a source close to the Japanese carmaker said.



5 years ago

Cramer bets on his birthday that Apple's next decade could be as successful as its past 10 years

Apple is currently the most valuable U.S. company at a $1.4 trillion market cap after a huge stock gain of more than 1,000% over the past decade

5 years ago

Wall Street higher on U.S. growth optimism; Nasdaq hits record

U.S. stocks rose and the Nasdaq hit a record high on Monday, as a recent set of strong domestic economic data and largely upbeat fourth-quarter earnings tempered worries about the impact of the coronavirus outbreak on global growth.



5 years ago