Latest News on private equity markets

Authentic Brands taps former H&M exec to helm Forever 21

Authentic Brands taps former H&M exec to helm Forever 21

Forever 21's new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M executive Daniel Kulle as the new chief executive officer of the bankrupt apparel retailer.



6 years ago
Coronavirus clouds Apple's timeline for new iPhones

Coronavirus clouds Apple's timeline for new iPhones

Travel restrictions to China because of the coronavirus have come just as Apple Inc's engineers usually jet off to Asia to perfect the production of this fall's new iPhones, former employees and supply chain experts told Reuters.



6 years ago
U.S. regulator: Airlines should complete inspections on 737 MAX panels before flying

U.S. regulator: Airlines should complete inspections on 737 MAX panels before flying

The Federal Aviation Administration (FAA) on Tuesday proposed that airlines complete inspections on a key component that could make Boeing 737 MAX airplanes vulnerable to lightning strikes and interference from high-power radio frequency transmitters before returning to service.



6 years ago
Investors piled into volatility bets before market tumble

Investors piled into volatility bets before market tumble

Fears of a coronavirus-fueled slowdown have injected volatility back into markets, but some investors may be less exposed this time around.



6 years ago
TPC plans to cut staff at Texas plant hit by November blast: sources

TPC plans to cut staff at Texas plant hit by November blast: sources

Chemical maker TPC Group [TPCL.UL] plans to cut at least 100 employees by the end of April at its Port Neches, Texas, petrochemical plant, the site of devastating explosions in November that forced evacuations of up to 60,000 people, said sources familiar with plant operations.



6 years ago
JPMorgan executives say bank is big enough to weather any storm

JPMorgan executives say bank is big enough to weather any storm

JPMorgan Chase & Co executives tried to reassure investors on Tuesday that the bank can thrive during times of market and economic stress, due to the sheer size and breadth of its global operations.



6 years ago
Facebook would have to pay $3.50 per month to U.S. users for sharing contact info: study

Facebook would have to pay $3.50 per month to U.S. users for sharing contact info: study

German Facebook users would want the social media platform to pay them about $8 per month for sharing their contact information, while U.S. users would only seek $3.50, according to a study of how people in various countries value their private information.



6 years ago
Here's how to appeal higher Medicare premiums

Here's how to appeal higher Medicare premiums

Although most Medicare beneficiaries don't pay monthly surcharges for their coverage, more than 4 million do. Here's how to make sure you really need to pay those extra amounts.

6 years ago
Stocks, oil fall further on accelerating coronavirus concerns

Stocks, oil fall further on accelerating coronavirus concerns

Stocks across the globe fell on Tuesday to their lowest since early December and the benchmark U.S. debt yield hit a record low on concerns about the economic hit of the spread of the novel coronavirus.



6 years ago
Fed banks unanimously voted to keep discount rate unchanged - minutes

Fed banks unanimously voted to keep discount rate unchanged - minutes

All of the Federal Reserve's 12 regional banks wanted to keep unchanged the rate commercial banks are charged for emergency loans ahead of the U.S. central bank's last policy meeting, minutes from the discussion of the discount rate showed on Tuesday.



6 years ago
U.S. stock rout continues as virus spreads, Treasury yields sink

U.S. stock rout continues as virus spreads, Treasury yields sink

Wall Street's main stock indexes fell almost 2% on Tuesday as the coronavirus spread further and officials described it as "a rapidly escalating epidemic," a day after the S&P 500 and the Dow Industrials' biggest daily decline in two years.



6 years ago
Goldman, Citi among banks curbing Italy trips over coronavirus fears - sources

Goldman, Citi among banks curbing Italy trips over coronavirus fears - sources

Goldman Sachs, Citigroup Inc, Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, sources said.



6 years ago
LatAm in Focus – Podcast: The Future of Fintech in Argentina

LatAm in Focus – Podcast: The Future of Fintech in Argentina

AS/COA | Luisa Horwitz | February 19, 2020 In a region where a large portion of the population is underbanked, fintech offers an innovative solution for Latin America, paving the way for wider financial development, competition, and inclusion in the region. In the case of Argentina, fintech startups are sprouting and spreading fast. Pierpaolo Barbieri,

6 years ago
Oil falls for third day as virus fears accelerate on U.S. warning

Oil falls for third day as virus fears accelerate on U.S. warning

Crude prices fell about 3% on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus grew after the U.S. government warned Americans to prepare for the disease.



6 years ago
Juul under scrutiny by 39 state attorneys general

Juul under scrutiny by 39 state attorneys general

A group of 39 state attorneys general on Tuesday announced an investigation into Juul Labs Inc's marketing practices, adding to mounting legal and regulatory problems for the e-cigarette maker over its role in the nation's youth vaping epidemic.



6 years ago