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Latest News on private equity markets

Bank of America CEO Moynihan's 2019 compensation remains unchanged at $26.5 million

Bank of America Corp said on Friday that Chief Executive Officer Brian Moynihan's 2019 compensation remained $26.5 million, the same as a year earlier.



5 years ago

Investor backing proved poison chalice for Credit Suisse CEO

As the chairman of Credit Suisse prepared for a crunch meeting of directors over the future of its chief executive, the vocal backing of a U.S. investor for Tidjane Thiam had unintended consequences, helping seal the ousted CEO's fate.



5 years ago

There is a limited one-time do-over when it comes to Social Security benefits. Here's how to use it

Deciding when to claim Social Security benefits is one of the biggest financial decisions you will make. And if you have regrets, the good news is there is a limited time when you can undo your decision. But you can only do it once. Here's everything you need to know about getting a do-over.

5 years ago

Stocks fall on fears China virus to slow growth, gold gains

Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated an economy on pace to grow moderately.



5 years ago

Indexes fall off record highs, but set for weekly gains

Wall Street pulled back from record levels on Friday after a four-day rally as investors digested a report showing U.S. job growth accelerated last month and braced for the next developments involving the coronavirus spread out of China.



5 years ago

Uber and Lyft take different roads in search of profit

Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.



5 years ago

White House dismisses idea of U.S. buying Nokia, Ericsson to challenge Huawei

U.S. Vice President Mike Pence on Friday and the top White House economic adviser dismissed an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd.



5 years ago

Equinor broadens scope of carbon targets to match rivals

Equinor joined other major European oil and gas companies on Thursday by including emissions from the fuel it sells to customers in its carbon reduction targets as investors step up the pressure on fossil fuel producers.



5 years ago

Fiat Chrysler fourth-quarter lifted by North America business to meet expectations

Fiat Chrysler said its operating profit matched expectations in the fourth quarter, boosted by strong North American business and better results in Latin America, as it heads to a merger rival PSA .



5 years ago

Twitter tops expectations with first $1 billion quarterly revenue, but outlook lags

Twitter Inc hit $1 billion in quarterly revenue for the first time, topping expectations and also beating user growth estimates in a rebound from previous troubles with ad platform bugs and unusually low seasonal demand.



5 years ago

Swiss investor adviser Ethos calls for Credit Suisse overhaul after spying

Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse Chairman Urs Rohner to step down in a boardroom battle with Chief Executive Tidjane Thiam sparked by a scandal over the Swiss bank's spying on executives.



5 years ago

What does Britain want from trade deal with United States?

British trade minister Liz Truss on Thursday set out the country's priorities for a post-Brexit trade deal with the United States.



5 years ago

Fiat Chrysler's profit rises ahead of Peugeot merger

Fiat Chrysler posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it heads into a merger with France's PSA .



5 years ago

Twitter notches first $1 billion quarterly revenue, beating estimates

Twitter Inc pulled in $1 billion in quarterly revenue for the first time, beating expectations as efforts to make its platform more user-friendly brought in more people.



5 years ago

Futures climb on China plan to cut tariffs on U.S. products

U.S. stock index futures rose on Thursday as China's plan to halve additional tariffs on some American goods helped allay fears over the financial fallout of the coronavirus epidemic.



5 years ago