Latest News on private equity markets

U.S. Supreme Court allows retirement plan lawsuit against Intel

U.S. Supreme Court allows retirement plan lawsuit against Intel

The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp cannot avoid a suit accusing it of unlawfully making high-risk investments that cost retirement plan beneficiaries hundreds of millions of dollars.



6 years ago
Wall Street on firm footing after virus-driven selloff

Wall Street on firm footing after virus-driven selloff

U.S. stocks rose on Wednesday after a rocky start to the week that shaved off more than 6% from each of the main indexes on growth fears as the coronavirus spread in several countries.



6 years ago
Delta Air waives travel change fees for South Korea as coronavirus spreads

Delta Air waives travel change fees for South Korea as coronavirus spreads

Delta Air Lines Inc said on Wednesday it has expanded its travel change fee waiver to include Seoul, South Korea, through April 30, as coronavirus spreads to regions outside China.



6 years ago
Amid coronavirus scare, US colleges cancel study abroad programs

Amid coronavirus scare, US colleges cancel study abroad programs

In the face of a global health emergency, some university study abroad programs are sending students home immediately. Others are staying open — for now.

6 years ago
Too early for the ECB to contemplate coronavirus response: Makhlouf

Too early for the ECB to contemplate coronavirus response: Makhlouf

It is too early for the European Central Bank to assess whether it needs to respond to the coronavirus epidemic with policy, even if the epidemic presents a risk to growth, Irish central bank chief Gabriel Makhlouf said on Wednesday.



6 years ago
World shares slump for fifth day, bets grow on rate cuts to counter damage

World shares slump for fifth day, bets grow on rate cuts to counter damage

World stocks tumbled for the fifth straight day on Wednesday, while safe-haven gold rose back towards seven-year highs after health authorities warned of a possible coronavirus pandemic and markets stepped up bets on interest rate cuts.



6 years ago
Some weird tax breaks have become harder to claim

Some weird tax breaks have become harder to claim

How far are you willing to go to claim that aggressive tax break? Pushy taxpayers seeking obscure deductions are sometimes willing to spend years debating the matter in Tax Court.

6 years ago
Profit rise lifts Peugeot shares ahead of Fiat merger

Profit rise lifts Peugeot shares ahead of Fiat merger

Peugeot maker PSA Group said on Wednesday profitability reached a record high in 2019, results that contrasted with those of many rivals and boosted the group's shares as it beds down a merger with Italy's Fiat Chrysler.



6 years ago
Me & the Bees Lemonade founder started her empire at 4 years old. Her motto: 'Dream like a kid'

Me & the Bees Lemonade founder started her empire at 4 years old. Her motto: 'Dream like a kid'

Mikaila Ulmer has been running a business since she was four-years-old. Her dreams are bigger than a lemonade stand as she hopes to provide funding to an undeserved demographic

6 years ago
Google to invest over $10 billion in 2020 on U.S. data centers, offices

Google to invest over $10 billion in 2020 on U.S. data centers, offices

Alphabet Inc's Google said on Wednesday it would invest more than $10 billion in offices and data centers across the United States this year.



6 years ago
Blackstone's Joe Zidle says now is not the time to buy stocks, predicts 'more downside volatility'

Blackstone's Joe Zidle says now is not the time to buy stocks, predicts 'more downside volatility'

Joseph Zidle said on "Fast Money" that the coronavirus outbreak will lead to "mini rolling recessions" around the world.

6 years ago
Jim Cramer says it's time to 'start buying something' after coronavirus-driven declines

Jim Cramer says it's time to 'start buying something' after coronavirus-driven declines

"I think you've got to start buying something," CNBC's Jim Cramer said.

6 years ago
Wall Street rises at open following four-day rout

Wall Street rises at open following four-day rout

Wall Street's main indexes opened higher on Wednesday after suffering their worst four-day percentage fall in more than a year on fears of the economic damage from the global spread of the coronavirus.



6 years ago
Electrolux says implementing Italy travel ban until March 9 due to Coronavirus

Electrolux says implementing Italy travel ban until March 9 due to Coronavirus

Swedish home appliance maker Electrolux said on Wednesday it had decided on ban travel by its employees to and from Italy, where it has manufacturing facilities in some regions affected by the coronavirus outbreak.



6 years ago
BlackRock Vice Chairman and co-founder Barbara Novick to step down

BlackRock Vice Chairman and co-founder Barbara Novick to step down

BlackRock Inc's vice chairman and co-founder, Barbara Novick, will step down from her day-to-day duties at the asset manager, according to an internal memo seen by Reuters.



6 years ago