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Latest News on private equity markets

Southwest sees 737 MAX costs continuing to lash profits this year

Southwest Airlines Co said on Thursday that the Boeing 737 MAX grounding will continue weighing on its profits in the first quarter and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked longer than expected.



5 years ago

U.S. weekly jobless claims rise modestly; labor market solid

The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth is slowing.



5 years ago

Waymo to test autonomous trucks, vans in Texas and New Mexico

Waymo, the self-driving unit of Alphabet Inc , said on Thursday it will start testing autonomous trucks and vans in Texas and New Mexico this week.



5 years ago

From Communist-era roots to cash cows: Poland's gaming industry takes on the world

The drab exteriors of a pair of 1970s buildings in an industrial Warsaw neighborhood belie the hive of high-tech activity inside where developers, screenplay writers and others at leading video game maker CD Projekt hustle to create the next global hit.



5 years ago

Factbox: Polish video game productions that have hit the jackpot

Poland's booming video game and esports market was worth $664 million in 2019, according to PwC, and is projected to climb to nearly $850 million over the next four years.



5 years ago

Speculative space stock Virgin Galactic is up 170% in just two months

Virgin Galactic shares have been on a blistering run, with analysts seeing multiple factors driving the stock's momentum.

5 years ago

Powerball jackpot jumps to $373 million. Why taking a lump sum may backfire

The winner would face some key decisions that should be made before heading to lottery headquarters to claim their windfall, including whether to take the cash option or go with an annuity.

5 years ago

China virus scare, disappointing earnings drive Wall St. lower

U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China, disappointing corporate earnings and weakness in financial stocks prompted investors to hit the brakes after a strong rally this year.



5 years ago

Union Pacific shares rise as CEO says U.S.-China trade pact should help end rail slump

Union Pacific Corp shares rose 1% after executives at the railroad operator said the U.S.-China trade pact should help reverse slumping volumes.



5 years ago

Comcast takes aim at CNN with NBC-Sky global news channel: FT

Comcast's NBC and Sky will jointly launch a global news channel taking aim at CNN, the Financial Times reported https://www.ft.com/content/cf3aafce-3d30-11ea-a01a-bae547046735 on Thursday.



5 years ago

Morgan Stanley launches cash accounts for wealth management clients

Morgan Stanley is offering new brokerage accounts to its wealth management clients aimed at helping them manage their cash. The accounts are aimed as an alternative to traditional banking, and tout a host of features, including reduced fees, enhanced fraud protection and digital management.

5 years ago

U.S. regulator to review recommendation on Fiat Chrysler's Jeep complaint against Mahindra

A U.S. regulator said it will review part of a recommendation made last fall that India's Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles' Jeep SUV design.



5 years ago

U.S. weekly jobless claims rise modestly; labor market tight

The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth is slowing.



5 years ago

Oil falls 2% as specter of China virus threatens fuel demand

Oil prices fell more than 2% on Thursday on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth, but losses were limited by a drawdown in U.S. crude inventories.



5 years ago

Comcast results beat forecasts on broadband growth; 'Cats' hits NBC Universal unit

Comcast Corp on Thursday beat Wall Street's revenue and profit estimates due to growth in broadband customers, but the company lost more cable TV subscribers than Wall Street expected and its NBC Universal unit revenues were hurt as the film "Cats" bombed at the box office.



5 years ago