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Latest News on private equity markets

Walmart testing higher minimum wage for some staffers: Bloomberg

Walmart Inc is testing out a higher starting wage for certain jobs in about 500 stores as part of an overhaul of roles and responsibilities in the United States, Bloomberg reported on Friday.



5 years ago

Here's one way to help figure out how much of a cash cushion you need

A new online tool lets you see how much you need to make it through a simultaneous dip in income and a spike in expenditures.

5 years ago

Brazil investors pour record $5.4 billion into domestic equity funds: BAML

Brazilian investors are pouring a record amount of cash into local equity funds, while foreign investors notched up their sixth straight week of buying, Bank of America Merrill Lynch said on Friday.



5 years ago

Wall Street bogged down by China virus fears, Intel limits losses

Wall Street came under pressure on Friday as investors sold energy, financial and healthcare stocks on mounting fears over the coronavirus outbreak in China, while strong gains for chipmaker Intel limited losses on the main indexes.



5 years ago

Boeing weighing new 787 Dreamliner production cut: sources

Boeing Co is weighing another production cut of its 787 Dreamliner, but may not have to take that step depending on the size and timing of orders from China stemming from a recent U.S. trade agreement, people briefed on the matter said Friday.



5 years ago

On the second anniversary of open banking, what’s next?

Verdict | Ellen Daniel | Jan 13, 2020 Open banking was first launched in January 2018 and received much attention from the financial community as the potential bringer of fintech disruption. The regulations require UK-regulated banks to share their customers’ financial data (with permission) with third party providers through the use of application programming interfaces

5 years ago

Oil drops more than 2%, heads for weekly loss on China virus fears

Crude prices fell more than 2% on Friday, heading toward $60 a barrel and a steep weekly decline over concerns that the coronavirus in the world's second-largest oil consumer China will spread farther, curbing travel and oil demand.



5 years ago

Wall Street slides on coronavirus fears, Intel limits losses

U.S. stocks fell on Friday amid renewed concerns over the spreading of a coronavirus outbreak from China, offsetting strong gains for Intel.



5 years ago

Bombardier scrambles to craft rail merger with Alstom, Hitachi: sources

Bombardier has approached France's Alstom and Japan's Hitachi to find a merger partner for its rail business as it struggles to contain costs that have eaten into margins, sources told Reuters.



5 years ago

How Technology Saved China’s Economy

The New York Times | Ruchir Sharma | Jan 20, 2020 To outsiders, China may seem like a surveillance state. But tech has fueled growth and helped stave off recession. Landing in Shanghai recently, I found myself in the middle of a tech revolution remarkable in its sweep. The passport scanner automatically addresses visitors in

5 years ago

Wall Street Week Ahead: Hopes are high for tech stock 'Cadillacs'; so are their prices

Wall Street is betting that the most popular U.S. technology and internet stocks can keep outshining the broader equities market but their latest rally leaves little room for error this earnings season.



5 years ago

Walmart testing higher minimum wage for some employees

Walmart Inc is testing a higher starting wage for certain newly created jobs in about 500 U.S. stores, as it looks to improve in-store experience for customers amid intense competition.



5 years ago

The paradox of 2020 VC is that the largest funds are doing the smallest rounds

TechCrunch | Danny Crichton | Jan 17, 2020 I talked yesterday about how VCs are just tired these days. Too many deals, too little time per deal, and constant hyper-competition with other VCs for the same equity. One founder friend of mine noted to me last night that he has already received inbound requests from

5 years ago

Nestle teams up with Canadian plant-based ingredient makers

Food group Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops.



5 years ago

New U.S. curb on Huawei in limbo amid pushback from Pentagon: sources

The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China's Huawei Technologies amid concerns from the Defense Department that the move would harm U.S. businesses, people familiar with the matter said.



5 years ago